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Opening An Account With An Online Bookmaker
Select an online bookmaker to register an account with. Check out the online bookermakers with free bet offers for new customers or choose one from our fuller list of bookmakers and click on any bookmaker name to be taken to their web site.
Locate the link on the bookmakers site for opening an account/joining/registering and complete the online form to register your details.
After opening your account and logging in, deposit funds using your credit card to your bookmaker account with which to bet.
Finding Grand National Betting Page
The Grand National Betting page can be found by locating the horse racing section, and selecting Ante-Post racing or nearer to the time of the race many bookmakers feature a direct link on the main page to the Grand National Betting page.
Betting Stake
The "betting stake" is the amount of money being bet on the horse.
Types of Bet
- To Win
The bet is placed for the horse to win the Grand National. The bet is lost if the horse does not come first in the race.
- Each Way
The bet is placed for the horse to come in any of the top 4 places of the Grand National. The actual bet forms two bets - one bet is placed on the horse
to win the Grand National and the full odds apply to this part of the bet.
The other bet is placed on the horse to come in one of the top
places and only a quarter of the odds apply this part of the bet.
A £1 Each Way bet therefore costs £2 with £1 being placed on the
horse to win, and £1 placed on the horse come in the first 4 places.
The bet is lost if the horse does not come in any of the top places
of the horse race.
- To Be Placed (BetFair)
BetFair don't offer each way betting but instead offer To Be Placed betting in addition to To Win betting. On the left hand side it shows Grand National and Grand National TBP (To Be Placed) and by selecting Grand National TBP a bet can be placed on a horse to be placed only and the bet is lost if the horse does not come in any of the top places of the horse race. To bet the equivalent of an Each Way bet two separate bets (one to win, and one to be placed) is necessary. Odds for To Win bets and To Be Placed bets may differ and are quoted in each relevant section of their web site.
Placing A Bet
To place the bet locate the horse you want to bet on from the list, enter the stake (minimum is usually £2) you want to bet and indicate whether your bet is "to win" or "each way" (e/w).
The Winnings
- To Win Bet
Where the horse wins the betting stake is multiplied by the odds to calculate the winnings and is paid out with the original betting stake. For example if a £2 bet is placed on horse with odds of 8-1 the £2 betting stake is multiplied by 8 and paid with the original £2 betting stake, ie a total of £18 is paid when the horse wins.
- Each Way Bet
Where the horse wins the first part of the betting stake
is multiplied by the odds and paid with that original part of
the betting stake, and the other half of the betting stake is
multiplied by a quarter of the odds and paid with the original
part of the betting stake. For example where a £1 Each Way bet
(£2 betting stake) is placed on a horse at odds of 8-1 the original
£1 betting stake for the horse to win is multiplied by 8 and returned
with the original £1 betting stake paying out £9. The other £1
of the betting stake is then multiplied by a quarter of the odds
(ie 2) with the original £1 betting stake paying out £3. Therefore
if the horse wins the bet results in a total £12 win.
Where the horse comes in a top place in the horse race other than
first place the original betting stake for the horse to win is
lost and second part of the betting stake is multiplied by a quarter
of the odds and paid with the original part of the betting stake.
For example where a £1 Each Way bet (£2 betting stake) is placed
on a horse at odds of 8-1 the original £1 betting stake for the
horse to win is lost. The other £1 of the betting stake is then
multiplied by a quarter of the odds (ie 2) and paid with the original
£1 betting stake paying out £3 in total.
- To Be Placed (BetFair)
Where the horse is placed the betting stake is multiplied by the odds to calculate the winnings and is paid out with the original betting stake. For example if a £2 bet is placed on horse with odds of 8-1 the £2 betting stake is multiplied by 8 and paid with the original £2 betting stake, ie a total of £18 is paid when the horse wins.
Collecting Your Winnings
If your horse wins or is placed (for Each Way and To Be Placed bets), your account with the online bookmaker will be credited with your winnings. You can then use the money paid into your acount to place further bets in the future or you can withdraw the winnings paid into your account and the amount will be credited to your credit card.
Click here to select your online bookmaker and place your bet on the Aintree Grand National
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