Lucky punter wins two life-changing bets on Cheltenham Festival after incredible cash-out

One lucky punter won two life-changing bets at the Cheltenham Festival after deciding to cash out.

The Cheltenham Festival began on Tuesday, one of the biggest meetings on the horse racing calendar.

The opening day was full of thrills, spills and controversial moments, and as always, punters anxiously awaited the outcomes of each race.

Every year sees some incredible bets come through, and after day one of the festival there has already been one that will be hard to beat.

On Tuesday one Paddy Power customer won £36,000 after cashing out on a seven horse £20 each-way accumulator.

The punter's first six selections all came in, leaving him needing Embassy Gardens to win the National Hunt Challenge Cup Amateur Jockeys' Novices' Chase to win £200,000.

He ended up cashing out for £36,000, a smart decision as Embassy Gardens ended up coming second in the final race of the day.

The punter also had a £1 Super Heinz which would have won him £49,937 had it come in, but he also cashed out to take home £14,000 instead.

The first race of the day was won by Slade Steel, before Gaelic Warrior won the Challenge Trophy and Chianti Classico took the Ultima Handicap Chase.

State Man then won the Champion Hurdle challenge, Lossiemouth the Mares' hurdle and Lark In The Mornin the handicap hurdle.

Day two of the festival looks set to be a disrupted one, with the Cross Country Chase abandoned due to parts of the course becoming waterlogged.