Placing a bet on the Grand National
If you've never placed a bet online before then don't worry its actually very
simple. All you need is a credit or debit card with which to open an account and
about 5 minutes to fill out an application form and then you're ready to bet.
Opening an account
From a bookmakers home page look for the link for the new accounts page.
This may be called "join" or "register" or something similar. Once you find it
you will be presented with a form, much like if you were buying something
online, where you have to supply your name and address and a few other details
such as a username & password so you can login each time you visit.
| Boylesports | |  | Boylesports  Simple registration process
Paying out on each way bets for the first 6 places when some bookies only pay 4 places
Bet £10 Get a £20 Free bet!  Click Here for help with placing your Grand National bet with Boylesports
1. Register through this link - Boylesports Registration (opens a new window) 2. You will be taken to the Boylesports home page - click on "Open an Account"!
3. Read the terms and conditions and then click on "Join Here"
4. Once registered place a bet of £10 on any Sporting Event of your choice.
5. You will recieve a free bet of £20 once your first bet has been settled.
6. Spend your free bet wisely!
7. The free bet amount will not be included in any returns but you can withdraw the winnings straight away. Boylesports currently has best odds for: Niche Market 20-1, Mon Mome 25-1, Whinstone Boy 33-1, Taranis 33-1, Iris De Balme 50-1, Star De Mohaison 50-1, Offshore Account 50-1, Palypso De Creek 50-1 | 
| | Click for More Bookie Reviews |
Making a Deposit
With some bookmakers you need to make a deposit to open an account, others
let you open the account without putting any money in & then you have to find
the "account" section to deposit funds.
Typically the minimum deposit is about £10 although it can be a little higher
with some bookmakers. This money is then taken from your bank account (if
you used a switch card) or credit card and shown in your betting account balance.
No more money is taken from your account so its easy to limit your losses, and of
course you are free to withdraw your money whenever you want back to your bank account or credit card much in the same
way as you deposited it.
Making a bet
Once you have money in your bookmaker account you are free to bet up to that
amount on any of their markets. There is unusually a minimum amount for a
bet but this is never more than £2 and usually a lot less.
To place the bet simply select the horse you want to bet on and then enter a
stake.
You will then be presented with a confirmation page.
If the horse loses then you lose the amount you staked. If it wins then you get a multiple of your stake back dependent on the odds.
Win Bet Example
Lets say you bet £10 on a horse to Win at 12/1. With odds of "twelve to one" this means if the horse wins, you WIN 12x your stake + you get your original stake back too. So you end up with 10x12 + 10 = £130. However if the horse doesn't win then you lose your £10.
Each Way Betting
Some people prefer to bet Each-Way which means that you can also win some money if the horse "places". Typically for the Grand National this means finish in the first 4 although some bookmakers may pay on 5th as well on a special promotion.
An Each Way (EW) bet is essentially 2 bets. A win bet and a place bet. So a £10EW bet is actually a £20 bet - £10 win and £10 place. The odds you get on the win are the same as the quoted odds, but the odds you get on the place are lower, usually either 1/4 or 1/5 of the quoted odds.
So lets say you bet £10EW (a £20 bet) on a horse at 20-1 with place terms of 1/4 1,2,3,4 . Lets look at the two bets separately.
The Win £10 will pay £10 x 20 + £10 stake back = £210 if the horse wins, but nothing if it doesn't win.
The Place £10 will pay £10 x 20 x 1/4 + £10 stake back = £60 if the horse finishes 1,2,3 or 4.
So in combination your £20 bet will pay £210+£60 (both parts of the bet) if the horse wins and £60 if it finished 2nd, 3rd, or 4th. There's no difference in payout between any of these places.
Your Account
All online bookmakers have an "accounts" section where you can add money,
withdraw money, check your account balance and see your betting history.
This is very useful for keeping track of your bets.
Which Horse?
See our quick guide of the leading contenders
Which Bookmakers
For some background information of the bookmakers we recommend you see our Place a Bet page |
