How to Bet on Grand National
If you want to bet on the Grand National without leaving the house, you will need to use an online betting site. This will also allow you to get the best odds for Grand National, as online bookmakers are looking to stand out from the crowd.
Follow the guidelines outlined below to place your first-ever Grand National bet online!
Step 1: Choose a Grand National Betting Site
As noted above, Grand National bookies are now in their hundreds. Although this is good for you as a bettor, knowing which site to go with is not easy.
At a minimum, you need to ensure that the bookmaker is regulated by the Gambling Commission. Then, it’s good to target sites that offer Grand National early prices, as well as the best odds for Grand National bets.
Step 2: Open an Account
Before you can deposit money to fund your Grand National stakes you will need to open an account with your chosen betting site. This only takes two minutes and will require some basic information from you.
This will include:
- First and Last Name
- Home Address
- Date of Birth
- Mobile Number
- Email Address
You’ll also need to choose a username and password, and confirm your email address.
Step 3: Deposit Funds
You will now need to deposit some funds. Most betting sites allow you to deposit a minimum of £5 or £10. You will be offered a range of everyday payment methods, so choose one that best meets your needs. Although this will vary from bookie-to-bookie, this will typically include:
- Visa Electron
- Local Bank Transfer
Apart from a bank account deposit, all other payment methods are instant. Take note, you won’t be able to withdraw your Grand National winnings back to your mobile if opting for Paybyphone.
Step 4: Review Grand National Horses and Odds
Once you have set-up your betting account and deposited funds, you will then need to start thinking about which horse(s) you want to back. Head over to the horse racing section of the site, and click on latest odds for Grand National.
This will give you a full breakdown of each horse that is running, alongside the specific Grand National prices.
The Grand National latest odds will run from the shortest price, up to the highest. The latter can be as high as 250/1 or more!
Step 5: Determine Grand National Bet Type
Once you have assessed the latest odds Grand National and decided which horses you like back, you then need to start thinking about the type of bet that you wish to place.
This might include:
- Win Bet: The popular bet type utilized by punters in the Grand National is that of a straight win bet. In Layman’s Terms, this means that you are betting on which horse will finish first. For example, if you place a £10 bet on a horse that is priced at 14/1, you would win £140 – plus your original £10 stake. Due to the sheer size of the field, punters often place multiple win bets.
- Place Bet: As the name suggests, a place bet means that you need the horse to be ‘placed’. In most cases, Although betting sites will typically give you ¼ odds for a horse that places in the first 5 positions, bookies up the ante by offering an extra place.
As such, some betting sites (such as Paddy Power) will offer you 6 places at a ¼ of the latest Grand National odds. So, if you place a £10 place bet on a horse that is priced at 20/1, you would get odds of 5/1 on it finishing in the top 6!
- Each Way: Each way bets essentially combine a win bet and place bet, meaning you are placing two individual bets. For example, let’s say that you like the look of a Grand National runner that is priced at 40/1, and you want to stake £50 in total. An each way bet would require you to place a bet of equal amounts – so you’d have £25 on the horse winnings, and £25 on the horse being placed.
Step 6: Set-up Your Grand National Betting Odds Slip
Once you have decided which horse(s) you want to bet on – and the specific bet type that you’re interested in placing, you then need to set-up your betting slip. This operates much like a paper-based betting shop slip, albeit, everything is processed online!
- So, you will first need to add a selection to your bet slip by clicking on the specific horse that you wish to back.
- You will then see the selection added to your virtual betting slip.
- Next, you need to enter the amount that you wish to bet in pounds and pence – for example, £10.50.
- In doing so, you’ll see your potential winnings update to reflect the stake you entered.
- If you want to place an each way bet, you will need to tick the each way box. This will then double your total stake size, as you are effectively placing two equal bets.
- Finally, click on the ‘Confirm’ button. The funds will have been removed from your betting balance and the Grand National betting slip is now live!
Step 7: Withdrawing Your Winnings
If your Grand National bet is successful, your winnings will be added to your betting account balance within minutes of the race finishing. You will then have the option of withdrawing the cash back to your payment method.
For example, if you deposited funds with a debit card, you’ll need to withdraw the money back to the same card. Online bookies typically process withdrawal requests within 0-2 working days, and you’ll need to wait for the respective payment issuer to credit the funds.
How to Choose a Grand National Bookie
So now that you have a firm grasp of how the end-to-end betting process works, you now need to think about which online bookie you wish to use. There are literally hundreds of online bookies active in the UK gambling space, so you need to ensure you choose one that best meets your needs.
This should include:
Best Grand National Odds
A good starting point is to assess the Grand National odds being offered by the bookmakers. You can check to see what Grand National 2019 odds were on offer to gauge how competitive the bookie is.
To do this, you can check Grand national 2019 runners from the Grand National 2019 results section. You should also check what Grand National 2020 odds were on offer, which you can do via Grand National 2020 oddschecker sites.
Bonuses and Free Bets
Much like the Cheltenham festival, online betting sites will literally throw bonuses and free bet promotions at you if you are yet to open an account. With that said, why not take full advantage of the enhanced new customers offers available in the lead up to the Aintree Grand National? This includes everything from matched deposit bonuses, no deposit bonuses, and even Grand National 2020 tickets!
It’s super-important that you only use online betting sites that are regulated by the Gambling Commission. This is a minimum requirement for all online bookies that wish to offer their services to UK players.
You will be gambling with real-world money, so you’ll need to ensure that the Grand National bookmaker offers your preferred deposit method. As we at WinnrSports.co.uk noted earlier, this typically includes debit/credit cards, e-wallets, bank transfers and paybymobile.