The Grand National is the biggest horse race in the world, with millions of us placing an each-way wager with a bookmaker each year.

Estimates suggest that around 13 million people have a bet on the Grand National every year – roughly a third of the UK adult population. But just who are the best bookmakers for Grand National betting?

• PLEASE NOTE: As the Grand National approaches, most bookmakers reduce or in most cases completely remove their new customer offer. If you’re reading this in advance of the race then it will likely benefit you to register and open your account beforehand to receive the advertised new customer promotion, as it’s not likely to be available on race day Saturday 15th April 2023.

Each way betting at the Grand National is what it’s all about – in a field of 40 horses with prices that can vary from 4/1 to 200/1 across the field. But not all each way bets on the Grand National are the same. Some online bookmakers offer up extended each way place terms, whereby they pay out a higher number of the placed finishers. 2022 saw 7 places each way at 1/5 odds the place terms offered by Boylesports, with the industry standard being 4 places each-way.

These are our favourite bookmakers for Grand National betting:

bet365 are the self-proclaimed world’s favourite online bookmaker, and in our opinion provide the very best option for betting on the Grand National. 2022 saw them offer a default 6 places each-way at 1/5 odds terms market, which was super competitive.

But the beauty of bet365 is that you can select the each-way terms that you actually want. This is via bet365’s innovative Each Way Extra option which offered punters up to a 10 places each-way option in the 2022 Grand National.

Each Way Extra gives you the option to increase or decrease the number of places in a race when you are betting Each Way. When you use Each Way Extra you can add places to your Each Way Horse Racing bets and take a reduced price or remove places and increase the odds on your selection.

To access the different options and odds, simply select the ‘Each Way Extra’ market from the selected Grand National coupon to see the additional place terms that are available on your chosen event before the race start. Once you’ve selected a price and the corresponding number of places from the Each Way Extra coupon, it will then appear on your bet slip.

• Each Way Extra gives you the option to increase or decrease the number of places in a race when you are betting Each Way on selected Horse Races at bet365.
• When you use Each Way Extra you can add places to your Each Way Horse Racing bets and take a reduced price or remove places and increase the odds on your selection.
• The number of Each Way Extra places offered on a race can be viewed on the Each Way Extra coupon or on the bet slip.”
  Each Way Extra bets will not be eligible for bet365 Price Promise, Best Odds Guaranteed, ITV Racing 4/1 Offer or Feature Race 4/1 Offer, except where a new or eligible customer selects place terms that match the standard Win and Each Way market for that race. Where Enhanced Place Terms are offered on a race and selected by a new or eligible customer, ITV Racing 4/1 Offer and Feature Race 4/1 Offer will apply.
• T&Cs apply. Registration required. For full details click here.

In our opinion, Boylesports rank Number 2 for Grand National betting. The reason being that they have a real heritage for offering huge each-way betting opportunity for the world’s greatest horse race.

It’s worth noting that the industry standard number of each-way places that are offered by bookmakers for the Grand National is 4 places each-way. Boylesports since 2018 have offered 6 places each-way at 1/5 odds terms in both 2018 and 2019, but since 2021 have gone to a new record-breaking level.

2021 and 2022 saw Boylesports offer an unbeatable 7 places each-way at 1/5 odds terms. So Boylesports paid out the place segment of each-way bets placed on horses that finished 5th, 6th and 7th. To put that into context in 2021, William Hill only offered 5 places each-way at 1/5 odds so effectively paying out down to the 5th place finisher.

Here’s a breakdown of the horses and their prices that Boylesports have paid the each-way place out on over and above the standard 4 places each way across recent renewals of the Grand National.

• 2022: 5th Fiddlerontheroof 12/1, 6th Longhouse Poet 12/1, 7th Freewheelin Dylan 50/1
• 2021: 5th Farclas 16/1, 6th Blaklion 50/1, 7th Discorama 16/1

2022 saw a step-change in the number of additional each-way places offered by online bookmakers. Industry standard each-way terms for the Grand National is 4 places each-way, but 2022 saw most bookmakers go 6 places each-way at 1/5 odds. Here’s a breakdown of who gave the most chance of a winning return last year:

The Grand National, with a 40 horse field, is all about placing an each-way bet. Now an each-way bet is in effect 2 separate bets. Namely, a to Win bet plus a to Place bet. So the total price of your bet is double your stake. So if you bet £5 each-way, it will cost £10 = £5 to win and £5 to place.

Because it’s hard to pick the Grand National winner, many people like to bet each way on the National. That means you still get paid if your horse doesn’t win, but it finishes in the places.

In modern Grand National history, most online bookmakers will pay 5-6 places. Therefore, if your horse comes 1st, 2nd, 3rd, 4th, 5th or 6th you will receive a return on your original bet.

Each Way terms listed on this page were correct when published but naturally subject to change. Please check every aspect of your bet carefully before placing it. Good luck!