EXPLAINER: Here's how to bet on The Grand National Tuesday 18th April 2023

Horse racing events were among the first to draw large crowds to the betting shop. Since Internet gambling came along, this type of wagering has lost much of its appeal, but there are still races that generate a lot of enthusiasm. The Grand National is one of the most important competitions and the preferred destination for horse racing fans seeking high odds and juicy bonuses. Bookmakers dedicate ample coverage to this event, so if you find it interesting, this is how you successfully bet on it.

Choose a licensed and regulated bookmaker

The first and most important step is to find a sportsbook that operates under a license issued by a respectable regulator. You will need to complete the registration process, verify your account and choose a valid payment method to be able to place a bet. Deposits are processed instantly at most bookmakers, so regardless of the payment method chosen, you’d be able to load your account quickly.

If bonuses are available from betting sites like JeffBet.com, you should take advantage by accepting these offers and meeting the wagering requirements. The Grand National is an event of such magnitude that any bookmaker that covers it is will likely have some sort of special offer in place. If you have an active bonus, you would need to clear it before applying for a new promotion, but this doesn’t prevent you from betting on the Grand National.

Bet on favorites or underdogs

All the participants in The Grand National are amazing competitors, so there are no sub-par horses and jockeys. Having said this, the difference between contenders can be quite massive and this is reflected in the odds offered by bookmakers. If you choose to bet on the underdogs, the return to the player could be greater, but the odds of predicting the winner decrease. Alternatively, you can bet on favorites, which would translate into lower odds but a greater chance to produce a winner.

Risk-averse punters who prefer to bet on the better horses can consider the possibility of accumulators. By adding multiple selections on the same betting slip, the odds are multiplied and potential winnings follow an upward trajectory. Finding the Grand National betting page is surprisingly easy because this is the flagship event for horse racing fans. It is usually displayed at the top of the list, ahead of other races and a simple click on it will reveal the drop-down menu.

The most straightforward way of betting is on the outright winner, which would also produce the biggest odds. Alternatively, you can choose the each-way markets which are immensely popular among horse racing fans. With dozens of competitors at Aintree, you have plenty of horses to choose from and a decent chance to predict their placement. Few bookmakers offer the cash-out feature to horse racing fans, so you need to wait for the race to be settled before you can cash out your profits.