Bookies Bet on Record Weekend of Sport

Bookies bank on record weekend of sport


ByChris Johnston
Business press reporter, BBC News


A bumper roster of sport including the Grand National, the Masters and Premier League video games, is expected to produce a record weekend for bookmakers.


The Grand National will attract about ₤ 225m in wagers across the betting market, William Hill predicted.


Combined with other sporting fixtures it expects to take "the highest turnover levels on any weekend in history", the bookie stated.


Saturday's race is expected to be seen by 600 million individuals worldwide.


"The Grand National is the public's race and we will see millions of once-a-year punters can be found in to wagering stores or downloading the app," William Hill representative Rupert Adams said.


The race is set to bring in over 35 million bets with the average deserving ₤ 4.41.


William Hill is likewise hoping for another big-priced winner in the Grand National this year. The last 5 races have actually produced winners at odds of 33/1, 25/1, 25/1 and 33/1.


Ryanair president Michael O'Leary owns five of the 40 horses in Saturday's field.


He is wanting to become the first owner to win successive Nationals with various horses considering that 1954 after Rule the World, ridden by David Mullins, declared triumph in 2015.


Last year, the start time for the Grand National was moved by an hour to 17:15 BST. The choice showed to be an increase for turnover and William Hill expects that pattern to continue.


New sponsor


"The experiment of moving the start time really settled and we expect the Grand National to smash betting records this year," Mr Adams stated.


It is the very first year that the race has actually been sponsored by Randox Health, which analyses blood and urine samples to discover and prevent health problems.
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