Bookies Bet on Record Weekend of Sport
Bookies bank on record weekend of sport
ByChris Johnston
Business press reporter, BBC News
A bumper lineup of sport including the Grand National, the Masters and Premier League games, is expected to produce a record weekend for bookmakers.
The Grand National will attract about ₤ 225m in wagers across the betting industry, William Hill anticipated.
Combined with other sporting components it anticipates to take "the greatest turnover levels on any weekend in history", the bookie said.
Saturday's race is anticipated 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 being available in to betting stores or downloading the app," William Hill spokesperson Rupert Adams said.
The race is set to draw in over 35 million bets with the average deserving ₤ 4.41.
William Hill is likewise expecting another big-priced winner in the Grand National this year. The last five races have actually produced winners at chances 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 intending to become the very first owner to win successive Nationals with various horses considering that 1954 after Rule the World, ridden by David Mullins, claimed success in 2015.
In 2015, the start time for the Grand National was moved by an hour to 17:15 BST. The decision proved to be a boost for turnover and William Hill expects that trend to continue.
New sponsor
"The experiment of moving the start time actually paid off and we expect the Grand National to smash betting records this year," Mr Adams said.
It is the first year that the race has been sponsored by Randox Health, which analyses blood and urine samples to identify and avoid health problems.