GRAND NATIONAL ODDS
T he odds for the 2015 Grand National can be viewed above. Currently any bet made on these horses will be subject to Ante-post rules, which means the bookmakers WILL NOT refund your stake should your horse not take part in the race. 98 horses were given a provisional race entry but only 40 of these will actually line-up at Aintree on Grand National day.
Ante-post betting can be profitable as you’re more likely to get better odds on a horse in the months leading up to the race. However, you also run the risk of a runner being withdrawn or injured and losing your stake.
WHAT ARE ODDS?
O dds are, in essence, a very simple representation of the amount of money returned on a winning bet, but they also signal a horses expected chances of winning. For example: The Grand National normally has 40 horses competing – in theory any 1 of the 40 horses could possibly win so the odds on any one horse winning should be 40/1. A £10 bet at 40/1 would win you £400! Plus you’d get your £10 stake back.
In 2013 Auroras Encore rewarded his backers when he powered to a nine-length victory at 66/1.
However, as you can see from the odds above, not all horses are priced at 40/1. This is because some horses in the race are known to be better than others and the really good horses attract lots of bets. Bookmakers don’t like to take lots of bets on one horse, because if that horse wins the bookmaker will lose money! So the bookmaker will offer more attractive (larger) odds on other horses in an effort to get people to back those instead. The Bookie will always aim to make a profit regardless of the outcome of the race and that’s why you will see the odds fluctuating right until they’re off.
For many people the appeal of the Grand National is down to the fact that longshots have a great record in the race. Numerous winners have returned victorious at odds of 100/1 including Mon Mome in 2009 and famously Foinavon in 1967.
In 2013 Auroras Encore rewarded his backers when he powered to a nine-length victory at 66/1. Last years winner Pineau De Re was quoted at odds of 40/1 in the days leading up to the race but on the morning of the National his odds shortened to 25/1 which still represented a very good return for those who backed him. In fact the average odds of the winning horse since 1990 have been around 20/1.
If you’d like to know more about placing a bet on the big race then read our guide to betting each-way (Click Here). Remember Betfair payout eachway bets on the first five horses home in the Grand National.
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