Grand National 2023: How much did I win on today’s race?

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Well the 2023 Grand National is done and dusted – and what a race it was! Following a 15-minute delay caused by protesters, antepost favourite Corach Rambler ran strongly to what ended up being a comfortable win.

Corach Rambler wins the 2023 Randox Grand National! 🏆

The favourite made it look easy in the end!#ITVRacing | #GrandNational | @lucindavrussell | @DerekFoxJockey pic.twitter.com/hQEMizY9KV

— ITV Racing (@itvracing) April 15, 2023

As a reminder, let’s run through the official result:

• 1st: Corach Rambler 8/1F
• 2nd: Vanillier 20/1
• 3rd: Gaillard du Mesnil 10/1
• 4th: Noble Yeats 10/1

So your horse won or placed and now you want to know how much you won on the Grand National? Well of course that depends on a few different factors, such as the position your horse finished in, the odds you got from your bookmaker and how many places they were paying on each way bets.

Let’s go through a few different scenarios to clear things up.

How much did I win betting on Corach Rambler in the Grand National?

The simplest scenario to work out is if you placed a win only bet. That means either your horse won or it didn’t. If you backed [horse winner name] then congratulations, it’s your lucky day and you’re quids in.

The amount you won on the Grand National still depends on the odds on your bet though. Let’s take into account that the official starting price (SP) was 8/1. Now, those odds mean you have secured £8 in profit for every £1 staked, in addition to getting your stake back. £10 is quite a common Grand National bet amount, and if you bet £10 on Corach Rambler to win at SP, you’ve scored winnings of £80. Here are a few more examples based on the starting price:

That’s simple enough. Where it gets a little more complicated is if you backed [winner] at higher or lower odds, in comparison to the starting price. If you got higher odds, either earlier in the week or when antepost betting was available, then your returns and profit will be greater.

What about Best Odds Guaranteed?

If you got odds lower than the starting price,  such as 7/1 or 15/2, you should check whether your bookmaker offered Best Odds Guaranteed, also referred to as BOG for short. This is often indicated on the betslip.

In fact, generally speaking the best time to check that is before placing your bet. That way, you can choose another bookmaker with more favourable terms. So you’ll know for next time if you didn’t this time around.

Thankfully, most bookmakers offer Best Odds Guaranteed on high-profile races such as the Grand National, so with any luck your bet will be eligible. In that case you will get paid at SP, and can refer to the calculations in the previous section: £90 for a £10 bet, £45 for a £5 bet and so on.

If however your bookie didn’t run Best Odds Guaranteed on the Grand National, your winning bet will be settled at the odds you got on your betslip. Here are a couple of examples:

• £5 winning bet at odds of 7/1: returns £40; profit = £35
• £10 winning bet at odds of 15/2; returns £85; profit = £75

You might consider yourself unlucky if you get paid out at less than the starting price. But it’s still better that than not to win at all, which was the case for all the other 39 horses running.

Grand National each way bet payouts

Each way bets are a popular choice every time the Grand National comes around. If you had an each way bet, there are three different scenarios to consider:

• Your horse won: Both the “To win” and “To place” parts of your bet win
• Your horse placed: The “To win” part of your bet lost but the “To place” part won
• Your horse didn’t place: Both parts of your bet lost

While the standard industry terms only pay a maximum of four places on each way bets, many bookmakers offer extra places on the Grand National to keep punters interested. By far the most common terms available this year were six places at 1/5 odds. So let’s base our payout calculations on those terms, and a £5 each way bet being paid at SP.

Other Grand National bet payouts

Most people tend to bet either win only or each way on the Grand National. But there are plenty of other bets available too, including forecasts, tricasts and specials. The Grand National forecast and tricast payouts have now been confirmed at £166.25 and £1699.84 respectively, meaning you’ll win that amount for every £1 placed with a successful bet.

Other specials will always have the odds shown on the bet receipt, allowing you to calculate your winnings.

Quickest way to check how much you won on the Grand National

Now to the quickest surefire way to know what your winning bet payout is. You can log in to your betting account and check the betting balance held within. If your balance was £0 after placing your Grand National bet, then the new balance is exactly the same amount as you won.

Navigating to the “My account” or “My bets” section will allow you to double check your winnings. Bets are listed from newest to oldest, and sometimes split between winning and losing bets. Each bet has a unique ID which can be quoted if you need to contact your bookmaker’s customer services for any reason.

If you placed your bet in a shop, you may need to go back there to collect your winnings in cash, or through a card payment. If it’s a chain like Betfred or Ladbrokes, they’ve got shops all over the place, so you’ll most likely be able to redeem your bet slip in any of them. That might be a useful option if you placed your bet in an area you don’t visit very often.

There you go, we hope that clears up the question of how much you won on today’s Grand National. Congrats again on your winning bet and try not to spend it all at once!