So, now we know how to bet on the Grand National. But, what kind of bets can you place? Here are the most popular options:
Win-Only Bets
Win-only bets are the most popular way of betting on the Grand National. With this type of betting, you’re placing a bet that your chosen horse will win the race outright. So, if your horse crosses the finishing line first, you win.
Each-Way Bets
An each-way bet is effectively two bets: one for your horse to win the race and one for it to be placed. The number of places differs depending on the number of horses entered into the race (the more horses, the more places). Each bookmaker will display the terms on which they accept each-way bets on the top of their board. Generally speaking, many bookmakers will offer 4-5 places on the Grand National for each-way bets.
As an each-way bet involves placing two bets, your stake also doubles. So, a £5 each-way bet on a horse will cost £10 (£5 on the horse to win and £5 on the horse to place).
No Runner, No Bet
No runner, no bet (often referred to as NRNB) is a form of ante-post bet. With this type of bet, you need to make your selections before the final declarations for the race are made. As you’re betting in advance, your stake will be returned if your horse doesn't run.
Just remember that NRNB bets are different to pure ante-post bets. These (which are no longer available for the 2024 Grand National) offer heightened odds but you do not receive your money back if your horse doesn’t run.
You can see the full list of non-runners for the Grand National here.
Exacta
An exacta bet is slightly more exotic. With this type of bet, you’re selecting the first two finishers of the Grand National (first place and second place). The horses must also finish the race in the correct order.
Trifecta
A trifecta takes this even further. With a trifecta bet on the Grand National, you need to select which horses will finish the race in first, second and third… in that exact order.
Reverse Forecast
A reverse forecast is slightly different to an exacta. With this type of bet, you still select the horses that you believe will finish the Grand National in first place and second place. However, unlike an exacta, these horses can finish in either order.
Accumulators
Accumulators are incredibly common in horse racing. However, they’re not as common when it comes to the Grand National.
With an accumulator, you bundle a number of bets together into one betslip. So, you may bet on which horse will win the Gold Cup, which will win the Grand National and which will win the Welsh Grand National on the same betslip (you could even include selections from other sports, like the Grand National winner, the Premier League winner and the NBA Champions). With an accumulator, all selections must win in order for the bet to be successful.
An accumulator with two selections is known as a double, while an accumulator with three selections is known as a treble.