Bookies fear shock Pendleton win at Cheltenham could cost them millions

Victoria Pendleton. Credit: ITV News Anglia

Bookmakers fear they could lose millions of pounds if former Olympic cyclist Victoria Pendleton manages to pull off an unlikely win at the Cheltenham Festival.

The Bedfordshire cyclist turned amateur jockey will ride Pacha Du Polder in the Foxhunter Chase at 16.10 today.

The 35-year-old only took up the sport a year ago and bookies say her celebrity status has captured the public's imagination.

Foxhunter Chase odds (courtesy of Paddy Power)

  • On the Fringe - 11/4

  • Paint the Clouds - 6/1

  • Aupcharlie - 8/1

  • It Came To Pass - 9/1

  • Marito - 9/1

  • Mendip Express - 12/1

  • Pacha Du Polder - 20/1

Speaking to Good Morning Britain earlier this week, Pendleton said that just getting round would be an achievement.

Pendleton won at Wincanton earlier this month. Credit: PA

Pendleton has had a mixed start to her racing career.

She fell off her horse in her first race at Fakenham but recovered from the setback to win at Wincanton 10 days later.

There's been no shortage of support for her on Twitter, with Team GB among those wishing her good luck.