Each year in the UK they hold the Grand National, that is one of the most watched and most bet on races held in Great Britain each year, and it is on the 14th of April 2018 that it will be taking place this year.
The race is scheduled to start at 17:15 on that day, and there will be many millions of people in the UK, and beyond that will be placing a handful of bets on that race.
However, many of the people who do bet on the Grand National only bet once or twice a year and as such are often blissfully unaware that they can place bets and wagers right now, well in advance of that horse race starting.
One of the main benefits of doing so is that some much higher odds are usually on offer, as there is not that high a volume of cash being placed on that betting market. As such if you are thinking of placing a bet on this year’s Grand National then now may just be the time to do so to secure some much higher and better odds.
The two most commonly placed bets on the Grand National held at Aintree racecourse are a simple win type of bet on which punters have to try and pick one of the horses they hope will win, and they can also place something known as an each way bet too.
An each way bet is a straight win bet as described above, but also another bet on which if a punters chosen horse finishes in one of the top positions of the race they get paid out on that additional bet too, the odds they are paid out at are a percentage of the win odds.
Each betting site, sportsbook and bookmakers shop that accepts bets on the Grand National may have a different number of places they will pay out to on this race, but most betting sites will offer a quarter of the odds on the place part of your each way bet if your horse finishes in first second, third or fourth place.
In regards to the current odds available, the favourite is currently Blaklion and if you do fancy a bet on that horse you can get 10/1 right now at many betting sites. The next horse that is going to appeal to a lot of punters is Total Recall who is currently favourite to win with odds of 12/1.
The Last Samurai is also likely to attract a lot of punters to place a bet on that horse, much more so each way bets as the odds on that horse are currently 16/1 but consider placing an each way bet on Cause Of Causes, Gold Present, Definitly Red or even Minella Rocco for each of those horses are currently on offer at odds of 20/1!
I do know people do often like to have a bet on the total outsider to win the Grand National, and if that is something you fancy dong then place a bet on Rogue Angel as the odds on that horse winning are currently 100/1!