True sports gambling fans who follow horse racing will know that we are very nearly at that time of year when according to legend half of Ireland decamps and heads for Cheltenham. The Cheltenham Festival is without doubt the biggest and most famous jump race meeting of the year, and the packed 2014 four day card starts on Tuesday 11th March and culminates with prestigious Cheltenham Gold Cup on Friday the 14th. Irish horse race gambling fans love Cheltenham and arrive for the Festival in their thousands every year. Many observers of the sports gambling industry believe that horse race gambling at the Cheltenham Festival rivals almost every other sports gambling event in the world. It certainly has huge significance for the big bookmakers particularly for the feature races when online sports gambling becomes a major factor across Britain and Ireland. As usual day one features the Champion Hurdle, with that old favourite Hurrican Fly again installed as favourite with Paddy Power. Having won this race in 2011 and 2013, Festival gambling fans may well believe Hurrican Fly can make it three. Wednesday it is the turn of the Queen Mother Champion Chase with Sire De Grugy favourite at 6/4, followed on Thursday by the World Hurdle. This race features one of the most successful horses ever to race at Cheltenham in the form of the Paul Nichols trained Big Bucks. Winner of this race in 2009, 2010, 2011 and 2012, can Big Bucks make it five in 2014. Paddy Power certainly seem to think so and have Big Bucks as favourite at 9/4. Last but not least of the featured races at Cheltenham, we have the Gold Cup on the Friday, with another previous winner again the favourite. Last year’s winner Bobs Worth is back and favourite at 2/1. Fans of gambling on horse racing will know that the Cheltenham Festival has always been a happy hunting ground for previous winners, so will 2014 follow that trend ?.