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John Smith’s Grand National 2013

 This is a basic guide to the bets you can place on the Grand National

If you have never bet on the Grand National or horse racing before, this is a most basic guide to bets you can make. It also helps with some more complicated forecasts as you move down the list

WIN

This is a simple bet whereby you pick a selection you think will win the race. You only win if your selection wins

PLACE

This is a bet that you selection will finish in a place position – For the Grand National this will be either 1st, 2nd, 3rd, or 4th. For a place bet you will be paid at 1/4 (one quarter) of the odds of your runner if it finishes in the first four places. e.g if your horse is 12/1, you will be paid at odds of 3/1 regardles of it’s finishing position

EACHWAY

This is in fact 2 bets in 1 – It is 1x win bet, (rules as above), and 1 x place bet (rules as above) This bet is by far and away the most popular bet placed on the Grand National every year

FORECAST or EXACTA

This is the same bet. It requires you to predict both the winner and second place finishers in the correct order

REVERSE FORECAST or REVERSE EXACTA

This is the same bet as above where you choose two selections but they can finish 1st and 2nd in either order. This bet will cost twice as much as the forecast above as it is two bets. One for each combination of 1st or 2nd

COMBINATION FORECAST or EXACTA

This bet is again predicting the 1st and 2nd placed runners in the race but using a combination of more than two selections. The cost of this bet mounts up quickly as the number of selections do.

e.g. 3 selections – 6 bets; 4 selections – 12 bets; 5 selections – 20 bets

TRICAST or TRIFECTA

Like the forecast this bet requires you to correctly predict the 1st, 2nd and 3rd finishers in the correct order

COMBINATION TRICAST or COMBINATION TRIFECTA

As the combination forecast this bet is a combination of four or more selections trying to predict the 1st, 2nd and 3rd finishers in any order an uses permutations of your selections, staking is as follows

3 selections, 6 bets; 4 selections, 24 bets; 5 selections, 60 bets

FIRST FOUR

Not a conventional bet but some bookmakers will be offering odds for predicting the first four finishers in any order. See individual bookmakers for details

 

These bets cover off the general betting approaches to the Grand National, for special grand national bets, click our Grand National Speciality Bets page

 

 

 

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