Bookies Bet on Record Weekend of Sport
Bookies bank on record weekend of sport
ByChris Johnston
Business reporter, BBC News
A bumper lineup of sport consisting of the Grand National, the Masters and Premier League video games, is anticipated to produce a record weekend for bookies.
The Grand National will draw in about ₤ 225m in wagers throughout the betting market, William Hill anticipated.
Combined with other sporting components it expects to take "the highest turnover levels on any weekend in history", the bookmaker stated.
Saturday's race is expected to be seen by 600 million people worldwide.
"The Grand National is the public's race and we will see countless once-a-year punters coming in to wagering shops or downloading the app," William Hill representative Rupert Adams stated.
The race is set to bring in over 35 million bets with the average being worth ₤ 4.41.
William Hill is likewise hoping for another big-priced winner in the Grand National this year. The last five races have 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 hoping to end up being the very first owner to win successive Nationals with different horses since 1954 after Rule the World, ridden by David Mullins, claimed triumph in 2015.
Last year, the start time for the Grand National was moved by an hour to 17:15 BST. The decision showed to be an increase for turnover and William Hill anticipates that trend to continue.
New sponsor
"The experiment of moving the start time really settled and we expect the Grand National to smash wagering 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 detect and avoid illnesses.
Bookies bank on record weekend of sport
ByChris Johnston
Business reporter, BBC News
A bumper lineup of sport consisting of the Grand National, the Masters and Premier League video games, is anticipated to produce a record weekend for bookies.
The Grand National will draw in about ₤ 225m in wagers throughout the betting market, William Hill anticipated.
Combined with other sporting components it expects to take "the highest turnover levels on any weekend in history", the bookmaker stated.
Saturday's race is expected to be seen by 600 million people worldwide.
"The Grand National is the public's race and we will see countless once-a-year punters coming in to wagering shops or downloading the app," William Hill representative Rupert Adams stated.
The race is set to bring in over 35 million bets with the average being worth ₤ 4.41.
William Hill is likewise hoping for another big-priced winner in the Grand National this year. The last five races have 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 hoping to end up being the very first owner to win successive Nationals with different horses since 1954 after Rule the World, ridden by David Mullins, claimed triumph in 2015.
Last year, the start time for the Grand National was moved by an hour to 17:15 BST. The decision showed to be an increase for turnover and William Hill anticipates that trend to continue.
New sponsor
"The experiment of moving the start time really settled and we expect the Grand National to smash wagering 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 detect and avoid illnesses.