Cheltenham Festival 2012: live - Telegraph 12.30 Just an hour to go until the first race now. Let's have a quick look at Marlborough's tips for that. Where shoud we stick our charity tenner? Oh, Ben's Folly is a non-runner for the first. 1.30: Diamond Jubilee National Hunt Chase run over four miles for amateur riders. What it takes to win: A winning effort over three miles is a positive sign as is good recent form. Top trainer and jockey: Alan King and Gordon Elliott have won in the past 10 years. Katie Walsh and Nina Carberry first and second two years ago. Tip: Blenheim Brook promises to be suited by this trip but is not a plodder. Charter Party's 1986 success was part of a double for trainer David Nicholson. 12.25 Our man on the course, JA McGrath, has news: ""Batonnier misses today's Neptune Investment Management Novices Hurdle at Cheltenham on the second day of the Festival, which comes as a savage blow to the Alan King stable. The six-year-old, who had been a strongly-fancied 7-1 chance, was found to have knocked a joint, and therefore forced to miss his big engagement. The knock-on effect is that favourite Simonsig is probably going to start shorter than the 2-1 offered this morning. Batonnier is owned by Raymond Mould, of Bindaree fame, whose wife Caroline owns Sprinter Sacre, the brilliant winner of yesterday's Arkle Trophy. 12.20 Also, have a look at our Fantasy Cheltenham game. PIck three jockeys and three trainers for the duration of the festival, and a horse for each race. Tot up the points, winner gets a grand and an iPod. Free to enter, like. 12.10 Throughout the day, we'll be betting for charity, thanks to a series of free ten pound bets from Coral. Please help us decide upon which equine hero to place our dosh. Get the ball rolling by marking our card for the Queen Mum, and then we'll turn our attention to some of the other races. And please feel free to email in with your tips: we could all do with an earner here. You know how journalism's going. 12.05 As for today, well, the big race is of course the Queen Mother Champion Chase, where Sizing Europe is the one to beat. As The Telegraph columnist AP McCoy says: 12.00 Yesterday was a classic Cheltenham day: a bit of everything. There was sporting excellence and excitement of the highest quality with Sprinter Sacre. There was a big upset as Hurricane Fly was turned over, saving the bookies' bacon in the process. Even so, favourite-backers had plenty to cheer with Sprinter Sacre and the remarkable mare Quevega romped home. There was a lovely fairytale as Dorset farmer Anthony Knott saw his horse Hunt Ball take the last, crowning an extraordinary rags-to-riches season in which the chaser has improved by more than five stone in the handicap weights. And there was sporting tragedy too: three horses had to be put down. Garde Champetre and Scotsirish both broke legs; while Educated Evans had a heavy fall. The only thing missing from the day was sustained Irish joy: just one win yesterday. 11.45 Morning all, hopefully you've managed to make it to Wednesday without visiting Wonga.com. Today is a new day. Here's what's on at Cheltenham this afternoon 1.30 National Hunt Chase. Marlborough's tip: Blenheim Brook. 2.05 Neptune Investment Novice Hurdle: Marlborough's tip: Monksland 2.40 RSA Chase: Marlborough's tip: Grands Crus 3.20 Queen Mother Champion Chase: Marlborough's tip: Sizing Europe 4.00 Coral Cup: Marlborough's tip: Balgarry 4.40 Fred Winter Hurdle. Marlborough's tip: Edeyemi. 5.15 Weatherbys Champion Bumper: Royal Guardsman: Edeyemi And here's the best of our coverage from this morning: Quevega's fourth victory gets trainer Willie Mullins and the Irish off the mark Ups and downs as bookies and punters battle to beat the odds Noel Fehily delivers Champion display on Rock On Ruby Duchess of Cornwall set for double presenting honours