The Grand National is one of the most prestigious horse races in the world, and it draws huge crowds and attracts massive amounts of betting activity. Every year, millions of people around the world place bets on the Grand National, with total stakes often reaching into the hundreds of millions of pounds. In this article, we’ll take a look at how much money is bet on the Grand National, and how the betting activity has changed over the years.
History of the Grand National
The Grand National is the most famous steeplechase in the world, and it has been running since 1839. The race is held annually at Aintree Racecourse in Liverpool, England, and it attracts some of the finest horses and jockeys from around the world. The race is a test of stamina, skill and courage, and it has become one of the most popular races in the world.
Growth of the Grand National
The Grand National has grown in popularity over the years, and it has become a global phenomenon. The race is now broadcast to millions of viewers around the world, and it has become a major betting event. Every year, millions of people around the world place bets on the Grand National, with total stakes often reaching into the hundreds of millions of pounds.
Grand National Betting Trends
The amount of money bet on the Grand National has increased dramatically over the years. There are a number of factors that have contributed to this growth, including the increased availability of online betting, the growing popularity of the race, and the increasing number of people who are betting on the race.
Online Betting on the Grand National
The growth of online betting has had a major impact on the amount of money bet on the Grand National. Online betting has made it much easier for people to place bets on the race, and it has also made it easier for bookmakers to offer better odds and more attractive promotions. As a result, the amount of money bet on the Grand National has increased significantly in recent years.
Amount of Money Bet on the Grand National
In 2020, a total of £250 million was bet on the Grand National. This was an increase of 10% compared to the previous year, and it was the highest amount ever bet on the race. The total amount of bets placed on the race has also increased significantly, with more than 8 million bets placed on the race in 2020.
Growth in Popularity of the Race
The increased popularity of the Grand National has also helped to drive the growth in betting activity. The race has become a global phenomenon, and it is now broadcast to millions of viewers around the world. As a result, the race has become a major betting event, with more and more people placing bets on the race each year.
Regional Breakdown of Bets
The majority of bets on the Grand National are placed in the UK, but there is also significant betting activity from other countries. The most popular countries for Grand National betting are Ireland, Australia, the United States, and Canada. The total amount of money bet from these countries is estimated to be around £30 million.
What People Bet On
Most people who bet on the Grand National will place bets on the outcomes of the race, such as the winner, the placings, and the winning margin. However, there are also a number of other bets that can be placed on the race, such as forecast and tricast bets, and accumulator bets.
Conclusion
The Grand National is one of the most prestigious horse races in the world, and it attracts huge amounts of betting activity. In 2020, a total of £250 million was bet on the race, with the majority of bets coming from the UK. The growth of online betting has played a major role in the increase in betting activity, and the increasing popularity of the race has also helped to drive the growth.