Place Bet On The Grand National

Having your first ever bet on this year's Grand National? Read our free guide below...
Having your first ever bet on this year's Grand National? Read our free guide below...

If you're new to racing, this basic guide to betting on the Grand National should help answer some of the questions you might have. If you're not sure exactly what type of bet you want to have on the Grand National, here are some of the basics.

Don't forget though, having a little flutter on the horses should be fun and it doesn't have to be complicated. Sometimes you're as likely to have a winner by just deciding you like the name of the horse or the colours of the jockey!

Here we explore some of the basics to help you understand betting:

What your investment will return

When placing a bet, your stake or investment is the amount of money you are willing to gamble - be it a cautious £1 or a rather more adventurous £100. If you're a winner, your winnings (also known as 'returns') are calculated according to your horse's odds. So if you back a horse, lets say Monty's Pass at 10/1 - if you place £10 on the horse at 10/1 and he wins, your winnings will be £100 and you will also get your £10 stake back, therefore your total returns will be £110.

Grand National Each Way Betting

This gives you a win bet and a place bet on the same horse. As it is two bets, your stake is doubled, so a £10 each-way bet would cost you £20 to place - but you only need your horse to finish in the first four for it to be a winning bet.

If your horse wins, both parts of your bet are winners, and you would collect on both the win part and the place part of it. Typically, for a place, you will get around a quarter or a fifth of your main odds, depending on the bookmaker. 

Assuming your bookmaker if offering a quarter of the odds - if you placed £10 each-way on Monty’s Pass, your investment is £20, and will return;

Win part - £110
Place part - £35

If Monty’s Pass was to finish second, third or fourth, you would just be paid out for the place part of your bet, which would be £35. As you have staked £20 in total, your total profit would be £15.

Place Betting 

You are just betting on a place alone, so if you backed Monty’s Pass to place in the Grand National, you would be paid out if he finished in any of the first four places - first, second, third or fourth.

Sometimes, bookmakers may offer additional places on the Grand National, which would give you a better chance of winning - so it may pay to shop around to find the best deal. 

Win Betting

Is also referred as 'on the nose', and it means that you're selecting a horse to win. This is as per the example above about Monty's Pass.

Also remember that your winnings are tax free.

For the Grand National it is probably a good idea to place each way bets, as the odds of the horses are generally quite attractive - and in excess of 10/1.

Betting exchanges are slightly different to bookmakers, as you are betting against other punters. The odds that are offered tend to be higher, though if your bet is a winning one, you would be charged a commission on your winnings. With place-only betting, you usually find that another individual is prepared to offer higher odds than the bookmakers - so it may be worth keeping in mind if you want to place this particular bet.

Grand National Speciality Bets

As this is such a major betting race, bookmakers tend to offer more unorthodox Grand National betting markets alongside the generic ones, and these can include:

  • How many horses will finish the race
  • All horses to jump the first safely
  • The winner to be trained in Ireland 

The amount of speciality of bets can vary from bookmaker to bookmaker, and it may be worth shopping around to find something which peaks your interest.

Grand National Offers

Bet £10 Get £30 + 30 Free Spins

You must stake £10 or more at single/cumulative odds of Evens (2.0) or greater on your first bet. Free bet balance of £30 credited within 48 hours of your first bet being settled. Free Bets expire after 7 days. E-Wallet restrictions apply. Minimum 5 game rounds. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. T&C's apply, 18+ begambleaware.org
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New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply. T&C's apply, 18+ begambleaware.org
Welcome Offer
Open Account Offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. The bonus code ‘100BET365’ can be used during registration, but does not change the offer amount in any way. 18+ begambleaware.org.
Bet £10 & Get £30 Free Bets + £10 Casino Bonus
Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager bonus amount x40 within 14 days • Wagering req. vary by game • Withdrawal restrictions and Full T&C’s apply. 18+ begambleaware.org
Up to £30 in Free Bets
New Customers deposit and bet up to £30 at odds of 2.0 or greater within 7 days of registration, Cashed out bets excluded. Matched bonus paid in free bets; 7 day expiry. Offer valid from 09:00BST on 26/05/2020. Card payments only. Geo Restrictions and T&Cs. 18+ | begambleaware.org | Please gamble responsibly
£25 Bet Bundle
18+. UK Customers (Excluding NI) only. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 qualifying bets. 13 bets required to receive full £25 free bet. Qualifying bet must be placed within 30 days of opening account. Cashed out bets will not qualify towards your average stake. One free bet offer per customer, household or IP address only. Free bet expires after 7 days. Payment method restrictions apply. T&Cs apply.
Money back As A Bonus Up To £40 If Your First Racing Bet Loses + £10 Casino
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£20 Risk Free First Bet Money Back In Cash
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Free £20 Exchange Bet
New customers only, bet up to €/£20 on the Exchange and if your first bet loses, we’ll refund you €/£20 in Cash. Bet must be placed in first 7 days of account opening. T&Cs apply, 18+ begambleaware.org