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Can You Bet On The Virtual Grand National?

Can You Bet on the Virtual Grand National?

Every year, millions of sports fans from across the globe look forward to the Grand National. The annual steeplechase event is one of the most prestigious horse races and attracts millions in betting wagers.

However, due to the novel coronavirus pandemic, the 2020 Grand National had to be cancelled. As a result, people who were looking forward to watching and betting on the race were left disappointed.

But there is good news. The organisers of the Grand National have come up with a unique solution – a virtual Grand National. This means that people will be able to bet on the virtual Grand National and still enjoy the thrill and excitement of the race.

In this article, we will take a closer look at the virtual Grand National and answer the question – can you bet on the virtual Grand National?

What is the Virtual Grand National?

The virtual Grand National is a computer-generated version of the iconic steeplechase event. It will be broadcast live on ITV and will pit 40 virtual horses against eachother. The event will feature the same obstacles as the real Grand National and will last for 3 minutes and 30 seconds.

The virtual Grand National will use real-life data from the past 39 races to create a realistic experience. This means that the virtual horses will be as close as possible to their real-life counterparts.

Where Can I Watch the Virtual Grand National?

The virtual Grand National will be broadcast live on ITV and ITV Hub. It will start at 5pm BST on April 4th 2020. People can also watch the race on the ITV website and on the official Grand National website.

How Can I Bet on the Virtual Grand National?

People can bet on the virtual Grand National in the same way as they would bet on the real event. All the major bookmakers, such as William Hill, Ladbrokes, Betfair and Paddy Power, will be offering betting markets for the race.

The odds for each horse will be determined by the bookmakers and will be based on a combination of the horse’s past performance, the jockey’s ability, and the form of the race.

What Betting Markets are Available?

The bookmakers will be offering a range of betting markets for the virtual Grand National. These include:

  • Win: This is the most popular betting market and involves betting on a horse to win the race.
  • Each-way: This involves betting on a horse to finish in the top three and pays out if the horse wins or places.
  • Forecast/Tricast: This involves betting on two or three horses to finish in the top two or three positions.
  • Accumulator: This involves betting on a combination of horses to win and pays out if all the horses win.
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What are the Odds?

The odds for the virtual Grand National will be determined by the bookmakers and will be based on the form of the race, the jockey’s ability and the horse’s past performance.

The odds will also be affected by the betting activity of the punters. If a large number of people back a particular horse, the odds of that horse will decrease. Conversely, if a large number of people back another horse, the odds of that horse will increase.

What Strategies Can I Use?

Like with any other betting event, it is important to have a strategy in place when betting on the virtual Grand National. Here are some tips that can help you get the most out of your bets:

  • Do Your Research: It is important to do your research on the horses and the jockeys before placing your bets. This will help you make an informed decision and increase your chances of winning.
  • Bet Early: The odds of the horses will change as the betting activity increases. So it is advisable to place your bets as early as possible.
  • Set a Budget: It is important to set a budget and stick to it. This will help you manage your bankroll and minimise your losses.
  • Shop Around: Different bookmakers will offer different odds for the same horse. So it is important to shop around and find the best odds.

What are the Risks?

As with any other form of gambling, there is always an element of risk involved when betting on the virtual Grand National. It is important to remember that the outcome of the race is not guaranteed and there is always a chance that you could lose your money.

It is also important to remember that gambling can be addictive and it can be easy to get carried away when betting on the virtual Grand National. So it is important to gamble responsibly and within your means.

Conclusion

The virtual Grand National will be a unique event and it will provide people with the opportunity to bet on the iconic steeplechase event. People will be able to bet on the race in the same way as they would bet on the real event and they will be able to choose from a range of betting markets.

However, it is important to remember that there is always an element of risk involved when betting and it is important to gamble responsibly.