Before placing your bets you may wonder what type of bets are available for you. The guide below gives all the types of Grand National bets are available and explains what each one is. From a single bet to a combination tricast, all the information is here.
Win Only
Also called a single bet, a Single is a bet on one selection in one Grand National event. Your selection must be successful to get a return.
Each Way Betting
An Each Way (EW) Grand National bet is basically two bets. A win bet like above and a place bet. The first thing to know about an Each Way bet is how the staking works. A bet of £25 EW is exactly as it sounds – “£25 each way” – i.e. Two £25 bets. So £25 EW is a £50 bet in all. The place part of the bet is essentially a backup bet. You will receive a return on this part of the bet if your selection wins but also if it nearly wins. What this means in practice varies by sport but is always quoted with the list of odds as something like this: “Each Way ¼ 1, 2, 3”. This means that the place bet of your each way bet will pay out at odds of ¼ of the win odds if your selection finishes in positions 1, 2 or 3. If you finish 4th or lower it loses.
Laying Horses
A lay bet is a bet that something won’t win. If you lay a horse at the Grand National and the horse loses, you win. If you lay a horse and the horse wins, you lose. This type of bet has grown significantly in popularity over the last few years with the growth of betting exchanges in particular. The way returns on lay bets are calculated is basically the mirror image of the win bet – as if you are laying a bet, then someone else has the corresponding win bet.
There are many, many ways to place a bet; below are listed some of the most popular bets. Horse Racing specials are only offered on certain races closer to the time of running. If you fancy placing a special bet, check back here and there will be an explanation of that type of bet.
Doubles
A double consists of 1 bet involving 2 selections in different horse race events. Both must be successful to get a return.
Trebles and Accumulators
These are similar to a double in that they consist of one bet involving 3 or more selections in different events. All selections must be successful to get a return.
Specials
Trixie
A Trixie consists of 4 bets involving 3 selections in different horse racing events. The bet includes 3 doubles and 1 treble. A minimum of 2 of your selections must be successful to get a return.
Patent
A Patent consists of 7 bets involving 3 selections in different big racing events. The bet includes a single on each selection, plus 3 doubles and 1 treble. Just one successful selection guarantees a return.
Yankee
A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return.
Lucky 15
Lucky 15 consists of 15 bets involving 4 selections in different big racing events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 fourfold. If only one selection wins, as a consolation, returns are paid to double the odds. If all four selections win, a bonus of 10% is added to total returns. For the bonus to apply, all selections must win (none void or non-runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 15 bets are accepted on horse racing and greyhounds only.
Canadian (Super Yankee)
A Canadian (also known as a Super Yankee) consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 four-folds plus an accumulator. A minimum of 2 of your selections must be successful to get a return.
Lucky 31
A Lucky 31 consists of 31 bets involving 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 fourfolds and an accumulator. If only one selection wins, returns are paid to double the odds. If all five selections win, a bonus of 15% is added to total returns. For the bonus to apply, all selections must win (none void or non-runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 31 bets are accepted on horse racing and greyhounds only.
Heinz
A Heinz consists of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds and an accumulator. A minimum of 2 of your selections must be successful to get a return.
Forecasts
A forecast bet is one where you predict the first and second in a horse or greyhound race. For details of the sources used for forecast dividends, and additional rules relating to forecast betting please see our Rules for Horse racing and Greyhounds.
Straight Forecasts
This bet involves 2 selections in 1 race finishing 1st and 2nd in the order named. A Straight Forecast (FC) dividend is declared based on the Starting Prices (SP’s) of all the horses in the race for example the Grand National 2010. (A Straight Forecast is known in many countries as an Exacta). e.g. 1.20 Lingfield.
Pistol
Dizzy
£10 SFC
1 Unit Stake = £10.00
1 Race = 1.20 Lingfield
2 Selections
The first named selection (Pistol) must be placed 1st, and the second named (Dizzy) must be placed 2nd for this bet to win. If successful you would receive 10 times the Computer Straight Forecast (CSF).
Tricasts and Others
As you can see the list goes on, essentially all other bets are variants of the previous betting types. If you decide to place a super-heinz (120 bets) for example, you probably don’t need us to tell you how to place one of these!!. If you would like further information just contact us or check out odds on horses (after all most of these betting types are specific to horses or dogs).
Editor’s Note: Odds on Grand National are represented by Search Engine Optimisation agency, Jungle Media Ltd. Please direct all press Howard Jones. Email: howard@toplineseo.co.uk or call: 0161 713 1738.
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