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Among the most popular types of bets preferred for horse racing (the Grand National included) is each-way betting. Makes sense that Grand National each way bets are by far the most preferred types of bets every year. Read more how to place Grand National each way bets and get the most out of your betting experience in our Grand National each way bets guide.

From what is an each-way bet to benefits of choosing Grand National each way bets over simple win-only bets, everything is right here. We even share an example of a Grand National each way bet to get the gist of it.

BookmakerEach Way TermsBet now

Paddy Power

5 places on 1/5

New customers only. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund is £20. Only deposits made using Cards or Paypal will qualify. £5 Same Game Multi free bet will be available to claim from the promotions hub after the qualifying bet has been settled. T&Cs apply.

bet365

5 places on 1/4
Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

Betfair

5 places on 1/4

New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply

Sky Bet

4 places on 1/4Coming Soon!
Check regularly for updates.

William Hill

4 places on 1/4

18+. Play safe. New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions applySee full T&Cs

Betfred

4 places on 1/4

New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply

Coral

4 places on 1/4Coming Soon!
Check regularly for updates.

Unibet

4 places on 1/4

18+ www.begambleaware.org Min. deposit £10. Wager bonus money 3x at min. Odds ⅖ in Sportsbook, 25x for Casino. Bonus expires after 7 days. £10 casino bonus credited next working day; 35x wagering on casino. 1 bonus can be used at a time; sportsbook bonus must be wagered before casino, unless bonus has been forfeited. T&C’s Apply.

Contents

Grand National each-way betting is also popular and many bookmakers have increased Grand National place terms which means you can back a Grand National runner each-way and get paid out if it finishes in the first six places. This is a great way for new players to get involved in Grand National betting each year at a fraction of the cost. Betting on the Grand National 2021 Billed as the biggest betting race on the planet, the Aintree Grand National, which is run each year on April 10th, attracts millions of pounds of bets.

How to Lay Grand National Each Way Bets: Your Options

Each

The traditional way of betting until a few years ago involved:

  • walking into a betting office near you and
  • laying your bet on the sport or competition or event or game of your preferences.

Placing a wager on a horse race is a simple, straightforward process, where you state the:

  • racetrack name,
  • number race you are betting,
  • the money you want to bet with, and the
  • type of wager.

High-street bookies, such as William Hill and Unibet, are offering valuable Grand National betting assistance to novice and pro bettors. Most likely, they hire lots of extra staff around the time of the Grand National to help punters. The goal? To make your betting adventure far more enjoyable and easy.

On top of that, you can place your Grand National each way bets without stepping foot outside your home – with online betting. In this case, all you have to do is pick a horse that you believe will win the race. Then lay a set bet on that particular horse to finish first. That is the first step to horse race betting and the particular bet type is a Win-Only bet. If you want to take things to an upper level, though, you need to move to Grand National each way bets.

What Is an Each Way Bet?

Each-way wagers are essentially two bets in one. You win if:

  • Your horse wins.
  • Your horse finishes second, third, or fourth.

Note that an each-way bet is always of equal stakes. If, for instance, you bet £10, half goes on the horse to be placed. The other half goes on the horse to win. Now, if you want to place £10 on the horse to win, you should lay another £10 on the horse to be placed (so, £20 in total). The sums in each part the Grand National each way bets should always be equal.

A ‘place’ constitutes a win only in races of 1-4 runners, being in the first two in races of 5-7 runners, the first three in races of 8+ runners or the first four is the race has 16 runners or more and is a handicap, which of course the Grand National is.

If you have successfully guessed the winner of the Grand National, chances are you will be paid out the full bet (both parts of the bet). If the end of the race finds your horse between 2nd and 4th place (so, the second part of the each-way bet is won), you will be paid out at ¼ the odds. When it comes to these odds, two things apply:

  • You get the exact odds you took when you placed your bet.
  • Your bet is settled at the SP (starting price) odds at which your horse won. This happens when you let the bet ride.

Example of placing an each-way bet

Either 1/5 or 1/4 of the odds are paid for the place portion of your bet, a number which will be confirmed by the bookmaker when you place your bet.

So, should you place a £10 each-way bet (£20 total) on a 16/1 chance with 1/4 place terms and it wins, you will receive a return of £220 which is broken down like this:

Grand National Betting

  • Win (£10 @ 16/1, plus £10 stake = £170)
  • Place (£10 @ 16/1 (1/4 odds), plus £10 stake = £50)

If the same horse did not win but did finish in the places, then only the place part of the bet (£50 return) would be applicable.

Place Your Bet at the Grand National: Who to Bet On?

Getting value betting odds is the first thing you need to do so that you can make the most informed decision.

Know that the benchmark price of an each-way bet is at least 4/1 given that the second part of an each-way bet is ¼ of the winning odds. Anything below that means a loss to you.

Betting On The Grand National Each Way Betting

However, it is extremely unlikely for a horse to be priced-up shorter than 4/1 in the betting market. Let’s note that in the past, we saw a 100/1 Grand National winner, which gave a huge return (even the place part of the bet)!

No wonder all major online bookmakers come forward with enticing Grand National offers and promotions the closer we move to April. Months before the big event, we see tons of exciting Grand National bets enticing both seasoned and once-a-year punters alike.

Grand National Bookmakers Each Way Bet Terms

  • – Paddy Power: 5 places on 1/5 odds
  • – bet365: 5 places on 1/4 odds
  • – Betfair: 5 places on 1/5 odds
  • – William Hill: 4 places on 1/4 odds
  • – Sky Bet: 4 places on 1/4 odds
  • – Betfred: 4 places on 1/4 odds
  • – Coral: 4 places on 1/4 odds
  • – Unibet: 4 places on 1/4 odds
  • – Black Type: 4 places on 1/4 odds
  • – Fansbet: 4 places on 1/4 odds
Bet

Why Grand National Each Way Bets are Better than Win-Only Bets?

Now that you know what is each way, let’s analyse the superiority of Grand National each way bets compared to win-only ones.

With a win-only bet, you only get a return from your bookmaker if your horse wins. If it doesn’t, you leave empty-handed. In an each-way bet, if your horse does not win, there is still hope to get some returns if it finishes 2nd, 3rd, or 4th place. This is money coming from your second bet (the Horse to be Placed part).

However, things can always turn south even for the best runner. With 40 runners and more than 30 fences to overcome across a 4+ mile range, you can never be 100% certain of the outcome.

A £20 win-only bet will get you more earnings if your horse wins. That is compared to if you placed that amount on a Grand National each way bet – £10 on the runner to take first place and £10 on it to be placed.

However, with Grand National each way bets you are safe in knowing that you will still get money in your pockets, even if your horse eventually takes between 2nd and 4th place.

So, while Grand National each way betting will cost you double the amount of a win-only bet, it gives you more safety and increases your chances to leave you with some cash in your wallet.

Grand National Each Way Bets with Extra Places – Best Each Way Bet for the Grand National?

Many bookmakers take this a bit further and offer more Grand National each way betting options. These are usually referred to as Extra Places and include bets where the horse has finished 5th or 6th. This means that you will still get paid out even if your horse crosses the finishing line 6th. It is probably the best each-way bet on the Grand National profit-wise. As you can understand, each-way bet on the Grand National can have delightful “surprises”. More details about these Extra Places in the following section.

Grand National Each Way Bets – Basic Rules

The Grand National is a handicap race. This means that each of the 16+ horses carries a different weight which is allocated by the handicapper. A heavier weight is carried by a better horse as a means to give it a disadvantage when racing against slower runners. Predicting which horse will overcome its handicap is the skill in betting on the Grand National or another handicap race. Following are the terms set for each-way bets:

Betting On The Grand National Each Way

Handicap Races:

Number of RunnersPlaceOdds
2-41st (Win only)100% the odds
5-71st and 2nd¼ the odds
8-111st, 2nd, and 3rd1/5 the odds
12-151st, 2nd, and 3rd¼ the odds
16+1st, 2nd, 3rd, and 4th¼ the odds

In the case of more than 16 runners, take note that all bookies in the UK must pay their customers at ¼ the odds on the place part and for placed between 1st and 4th.

In short, the best each way bet at the Grand National 2021 is the one that you will predict the horse which will finish in the top four places.

Grand National Each Way Bets – Common Mistakes

What most novice punters forget is the nature of an each-way bet and the fact that it is two bets.

This calls each stake to be doubled, regardless of the sum you wish to bet with. So, a £10 Grand National each way bet will cost you double that sum (£20 in total) – we explained why above.

Another common mistake when placing their each way bets on the Grand National is that they don’t double-check to see if their betslip actually writes “E/W” or “each-way” on it.

It should be clearly indicated right next to the name of the runner you are backing. This applies to betting in a shop. For online betting, you need to make sure you click on the E/W box or button. It is the only way to state that you wish to lay an each-way bet. And you will also be instantly presented with the total stake amount.

In any case, though, it is recommended to ensure you know what your returns are before accepting your earnings from your bet(s) after the race.

Best Each Way Bet Grand National – Who Will Offer Extra Places?

In fact, quite a lot of bookmakers.

Given the fierce competition between online and offline bookies, there will definitely be promos related to extra places. Search through big names first, the likes of Paddy Power, William Hill, Betfred, and Unibet. Chances are you will find what you are looking for there. And, don’t be surprised if you see operators offering places right down to the 7th or even 8th. All that combined may allow you to lay the best each-way bet at the Grand National 2021. On the other hand, the odds will be slightly worse on the race.

  • bet365
  • Boylesport
  • Unibet
  • Ladbrokes
  • William Hill
  • Paddy Power
  • Sky Bet
  • Coral
  • Betfair
  • Betfred

Placing Grand National Each Way Bets from the US

Several US horse race betting platforms enable betting on the Grand National. Just make sure you go through the details of Grand National each way bets’ rules in America. That way, you won’t miss a thing when the action begins.

FAQ – Grand National Each Way Bets

What are Each Way Bets?

Each way bet consists of two separate bets: a winning bet and a place bet.

Will Bookmakers Offer Extra Each-Way Places?

Yes, a lot will. Some bookmakers that generally offer Extra Each-Way Places are Ladbrokes, Betfred, Betfair, Unibet, William Hill.

Does exist an each-way bet calculator?

Yes, it does. A dedicated bet calculator can help the bettors to place their bets.

The Grand National is perhaps the most bet on event in the country, and according to statistics around three quarters of bets placed are done as an Each Way wager. Each Way is an incredibly popular way of betting on horse racing, in particularly the big April event, and here at Bet & Skill we’re dedicated to making sure you know all you need to know about which bookmakers are paying out which places…
The Grand National carries a purse of £1m and is the most valuable jump race in Europe. It's the most watched horse race of the year, with millions tuning in to see who the latest winner will be.

WHAT IS EACH WAY BETTING?

Of course, many people betting on the Grand National aren’t seasoned punters and will first need to know what Each Way betting actually is.
Ultimately it’s a wager that will see you double your stake and place two bets rolled into one. One of the bets is on the horse you’re backing to win the race, the other being on the horse to place.
The number in which a horse can place, in many cases it will be for the horse to finish in the top three, although in many cases you may also find top five.
Should the horse win the race you’ll receive a payout on both the horse winning and placing, while if the horse places you would only receive a payout on it placing, with the winning segment of the Each Way bet losing. Naturally, if the horse doesn’t place, you lose the bet.
When betting on Each Way, you’ll be able to determine how much you win, which will usually be a set proportion of the odds, usually between ¼ and ⅕.

WHICH BOOKMAKER OFFER EACH WAY BETTING?

Every bookmaker will offer Each Way betting on the Grand National, however the number of places in which the top online bookmakers will offer varies.
This applies right across horse racing betting, with varying degrees of payout for placing, with many bookies having promotions throughout major races such as Cheltenham and the Grand National.
Below you’ll find the number of places a host of bookmakers are offering for the Grand National 2019.
Bookmakers Offering 6 Places
The number of bookies offering six places are few and far between, but if you’re a member of BetVictor you’re very much in luck.
They’re giving punters a fantastic chance of winning with a payout for the sixth placed horse with an Each Way bet.
They aren’t the only bookmaker to over six places though, with the following also giving you an extra chance.
  • BetVictor - ⅕ odds
  • PaddyPower - ⅕ odds

Bookmakers Offering 5 Places
A number of bookmakers are offering a payout on five places, and they’ll be well worth considering as the Grand National approaches.
Some of the biggest names on the planet are paying out for five, giving you every chance of a prize pot.
  • Bet365 - ¼ odds
  • Betfair - ⅕ odds
  • Boylesports - ⅕ odds
  • WilliamHill - ¼ odds
  • Ladbrokes - ¼ odds
  • Cora - ¼ odds

Bookmakers Offering 4 Places
You’ll find a large number of bookies offering an Each Way win on four places, a list of which you can see below…
  • 888sport - ¼ odds
  • BetFred - ¼ odds
  • Betway - ¼ odds
Betting On The Grand National Each Way
As raceday approaches many bookmakers will add further offers, and we’ll make sure we bring you the very best Each Way betting offers for the Grand National.
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