Bookies Bet on Record Weekend of Sport
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Bookies bet on record weekend of sport
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ByChris Johnston Business press reporter, BBC News
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A bumper roster of sport consisting of the Grand National, the Masters and Premier League games, is expected to produce a record weekend for bookmakers.
The Grand National will bring in about ₤ 225m in wagers across the wagering market, William Hill anticipated.
Combined with other sporting fixtures it anticipates to take "the highest turnover levels on any weekend in history", the bookie said.
Saturday's race is anticipated to be seen by 600 million people globally.
"The Grand National is the public's race and we will see millions of once-a-year punters being available in to betting shops or downloading the app," William Hill spokesman Rupert Adams said.
The race is set to bring in over 35 million bets with the average being worth ₤ 4.41.
William Hill is also hoping for another big-priced winner in the Grand National this year. The last 5 races have produced winners at chances of 33/1, 25/1, 25/1 and 33/1.
Ryanair chief executive Michael O'Leary owns five of the 40 horses in Saturday's field.
He is wishing to end up being the first owner to win consecutive Nationals with various horses given that 1954 after Rule the World, ridden by David Mullins, claimed success last year.
Last year, the start time for the Grand National was moved by an hour to 17:15 BST. The choice showed to be a boost for turnover and William Hill anticipates that pattern to continue.
New sponsor
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"The experiment of moving the start time actually settled and we anticipate the Grand National to smash wagering records this promotion code year," Mr Adams said.
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It is the very first year that the race has actually been sponsored by Randox Health, which analyses blood and urine samples to find and prevent diseases.
The Northern Ireland-based firm was set up in 1982 by Dr Peter FitzGerald - a keen horse racing fan.
Meanwhile, the conference at Aintree might be impacted by a 24-hour strike involving members of the Rail, Maritime and Transport union (RMT) at Merseyrail and Arriva Trains North.
Tens of thousands of individuals travel by train from central Liverpool to the racecourse.
Jan Chaudhry-van der Velde, managing director Merseyrail, stated the operator had created a schedule aimed at carrying as many travelers as regular on Grand National day.
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Andy Bell, from Bookies.com, external, stated: "This is a bumper weekend of betting and the Grand National is typically the event that sees people have a flutter for the very very first time. The new start time suggests individuals are back from their Saturday shopping and activities and it is effectively the start of their Saturday evening celebrations. It's perfect timing."
Aintree prepared for Grand National
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Pinstickers' guide to the Grand National
6 April 2017
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in 1974 Grand National wager
7 April 2017
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