Ahead of the big event, our below guide is here to help you bet on the Grand National each-way, detailing how many places the leading UK online bookmakers are paying out for this year's big race at Aintree, along with the place terms. Our list is kept up-to-date to ensure that you can make informed decisions and maximise your chances of success!

Each-way betting ensures that, even if your horse doesn't win the race outright (which, let's face it, tends to happen), you'll still win something if it finishes second, third, or even fourth.

An each-way bet (also referred to as E/W for short) consists of two equal-sized wagers: a ‘win bet' and a ‘place bet'. This means that if you stake £1, you will be placing two separate bets of 50p each: one on the horse to win, and one on the horse to place.

• If your pick wins the race, both parts of the bet are paid out.

• If the horse finishes in one of the top places, only the place part of your wager is paid out, typically at a fraction of the win odds.

• However, should the horse fail to win or place, the bet loses.

A ‘place' refers to the number of places a bookmaker will pay out if the horse does not win. For example, if the operator decides to pay out the first four spots, the 2nd, 3rd and 4th in the race are considered ‘places'.

The odds for a ‘place' are often set at a fraction of the winning odds. Suppose you bet on a horse to win each-way at 12/1. Here you can see what the final odds are, depending on what fraction the bookmaker offers.

• Each-way 1/2: This means that you win half your stake if a ‘horse is placed', so the odds are 6/1.

• Each-way 1/3: If your horse is ‘placed', you win a third of the original odds, i.e. 4/1.

• Each-way 1/4: Your placed horse wins a quarter of the pre-determined odds, i.e. 3/1.

The finishing places available vary depending on the bookmaker, the most common being three places. This means that if your horse finishes in the top three places, you win whatever fraction is offered.

The below image shows what typical each-way bets may look like. As you may have noticed, this offer pays out the first 5 places at ⅕ of the original odds.

Therefore, each-way bets essentially give you two chances: one for the horse to win, and one for the horse to place. To learn more, check out our in-depth each-way betting guide.

If you’re looking for other handy tools to use, then don't miss our list of bookies offering NRNB for this year's Grand National!

The Grand National is one of the biggest events of the UK horse racing calendar, capturing the attention of the entire country on the third Saturday every April – even your nan will know about it and might fancy a flutter!

So far, the offer is rather meagre, with only a few bookmakers offering more than the relatively standard 1/4 each-way places. But don't worry – this is likely to change over time, as the bookmakers update their each-way conditions shortly before the day of the Grand National.

Each-way bets make up 74% of all bets on the Grand National, a trend expected to continue for 2023.

The Grand National features a lot more horses than a usual race. Usually, the leading jumps races will feature around 10 horses that compete for a major honour; although for events over longer distances, the field can expand to 20 or even 25.

However, the Grand National takes scale to a huge level, with 40 horses competing at Aintree Racecourse. Due to the sheer amount of horses participating, picking a winner can be a very tough task indeed.

This is why leading betting sites offer compelling odds for even the top horses to win the event, in acknowledgement of the difficulty of predicting an outright winner. It is also why betting sites usually offer each-way payouts on Grand National places up to six, depending on the bookmaker in question. This significantly increases your chances of success.

Always compare and contrast the odds offered by the top Grand National betting sites. A portion of them may offer a 1/4 of the price of the initial odds, while others might provide 1/5. The latter value is common across the industry, although the best operators will attempt to increase the value you receive on a payout by offering 1/4 of the outright price.

For example, if a horse is backed at 10/1 and places within the set parameter of the bookmaker who offers a 1/4 of the price for an each-way bet, you will receive odds of 2.5/1. A £10 each-way bet would earn you a return of £2.50 plus your stake (£5 x 2.50 = £12.50). If the betting site was offering only a 1/5 of the odds, this would only get you your stake back from a £10 bet. Therefore, finding that premium value on the Grand National is key. You can use our each-way calculator to work out the trickier sums regarding your each-way bets.

When it comes to choosing between a large number of places or smaller fractions of odds, there is no right or wrong answer. If you want to bet on a lesser favourite, it may be safer to find a bookmaker that offers more places. On the other hand, if you're sure that a horse will win, a smaller fraction might be better as you'll get a better return in case of the unthinkable.

In our table at the beginning of this article, we've listed all the leading UK online bookmakers along with the number of places they are paying out on for this year's Grand National, along with the place terms.

Don't forget – if you're yet to have joined any of the above-listed bookmakers, then the likelihood is you can also claim some betting offers.

### Grand National Opening Day – Thursday 13th April

Gates open at 11am

### Grand National Ladies Day – Friday 14th April

Gates open at 10.30am

### Randox Grand National Day – Saturday 15 April

Gates open at 10am

The biggest horse race in the UK will take place on Saturday 15 April 2023. Here are our top tips from some of the best horse racing betting sites, featuring the best odds and each-way places available for the race.

WILLIAM HILL EACH-WAY GRAND NATIONAL TIPS

William Hill is our top-ranked bookmaker in this article and one of the best horse racing operators for a reason. From their brilliant “bet £10 and get £30 in free bets” welcome offer to the countless promotions and boosts, punters can get some real bang for their buck here. They also offer a non-runner money back promotion, which is perfect for ante-post bets. If you want to bet on a horse that isn’t the favourite, William Hill offers particularly favourable odds on Mr Incredible, Any Second Now, Longhouse Poet, and many more mid-pack horses.

BET365 EACH-WAY GRAND NATIONAL TIPS

bet365 has an ingenious ‘Price Promise' offer, which guarantees that they will offer the best price on every horse for all races shown live on ITV Racing. Bets must be placed after 10am on the day of the event on the To Win and each-way fixed odds markets. The current favourite, Corach Rambler, tipped at 6/1 by most bookmakers, is tipped at 7/1.In addition, the bookie is currently offering five places at 1/5 each-way, along with a range of promotions that includes free bets, Best Odds Guaranteed, and welcome offers for new users as well.

Make sure you get the latest information by checking our updated racecards for the day.

With the sheer number of horses that take in part in the Grand National, each-way betting allows for a greater chance of winning, with potential returns even if your chosen horse doesn't win. Therefore, it's important to carry out some prior research to see which bookmakers are offering the most places – as well as checking out their place terms. Fortunately, with our guide above, we've done all the work so you don't have to! We'll be updating our table with all the latest offers, so be sure to keep this page bookmarked.

An each-way bet allows you to split your stake in two, allowing you to wager on a horse to place as well as win the race in question.

A Grand National each-way bet allows you to place a bet for a horse to place within the top four/five/six places of the race, or to win the UK’s most prestigious meet.

There are a number of quality betting sites for Grand National each-way wagers, but we would have to single out bet365 and Parimatch as being the top two.

The Grand National will take place on Saturday 15th April 2023, at Aintree Racecourse in Liverpool.

Noble Yeats won the 2022 Grand National, priced at 50/1. Sam Waley-Cohen became the first amateur jockey to win the event in over 30 years.

Ladbrokes is offering each-way bets at 1/4 for four places for the Grand National

Paddy Power is offering each-way bets 1/5 for five places for this year’s Grand National

WRITTEN BY Jeremy Sant Fournier View all posts by Jeremy Sant Fournier

If there’s one thing Jeremy loves, it’s sports. A football fanatic at heart, Jeremy can always been found watching, playing or talking about sports. It’s in his blood, and with a keen interest in sports betting, sports writing is a match made in heaven.