Which Grand National 2025 each-way place bets pay out in and how much you win (2025)

Grand National each-way betting explained and how many places pay out winnings

Hundreds of millions of people are expected to tune in to watch the Grand National 2025 on Saturday.

It's the most famous horse race in the world, set to be broadcast in more than 100 countries, as 34 horses are set to do two laps of Aintree Racecourse, Merseyside, on Saturday afternoon.

Those watching the main event, which covers four miles, 2½ furlongs and jumping 30 fences, will be hoping to win some money in the race by backing their favourite horse or horses.

And as well as betting on your chosen winner, bookmakers also accept each-way bets which gives fans the chance to win cash even if their horse doesn't finish first. Instead, you're betting on it to finish among the top handful of places, the specific number of which are determined by the bookmakers

If you bet to win outright - or "on the nose" - then it's all or nothing. You either win or you lose. But if you bet each-way, you're actually making two bets with the bookie.

It's one bet that the horse will finish first and another that it will come in the determined number of places that the bookie pays out on. So, for example, if you bet £1 each-way, you've made two bets, which overall will cost you £2.

But what does that mean in terms of winnings? Well, if your horse wins at 12/1, and you put £1 on it to win outright, then you get your £12 returns plus your original £1 stake.

However, if you backed it each way, then you'll get £12 returns plus your £1 stake. In addition, if the bookies offer 1/4 the odds for a place, then you'll get another £3 plus your £1 stake. That means in the each-way bet you will win a total of £15 plus get the £2 you staked back.

If your horse finishes placed but doesn't win, you'll just get your £3 returns and your £1 stake back.

Typically, bookies tend to pay out on at least the first five places for the Grand National. However given the larger field and the nature of the event many offer more as part of extra places promotions.

Here are what some of the major bookies said they were paying out ahead of the race this year as of Friday afternoon:

• Betfred - Seven places each-way, 1/5 odds
• William Hill - Six places each-way, 1/5 odds
• Coral - Five places each-way, 1/5 odds
• Ladbrokes - Five places each-way, 1/5 odds
• Sky Bet - Six places each-way, 1/5 odds
• Paddy Power - Six places each-way, 1/5 odds
• 888 Sport - Five places each-way, 1/5 odds
• Betfair - Four places each-way, 1/4 odds
• Unibet - Six places each-way, 1/5 odds
• LivescoareBet - Six places each-way, 1/5 odds
• Bet365 - Six places each-way, 1/5 odds

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