Coral is one of the largest bookmakers in the United Kingdom and Ireland. The company is well known for its wide range of betting options, including the Grand National. This year, they have announced that they will be paying out six places in the race, instead of the usual four. This is great news for punters, as it means they have a greater chance of winning a big payout. But what does this mean for the race itself? In this article, we will explore the implications of Coral’s decision to pay out six places, and how it might affect the Grand National.
What is the Grand National?
The Grand National is a steeplechase horse race which takes place annually at Aintree Racecourse in Liverpool, England. It is the most valuable jump race in Europe, with a prize purse of over £1 million. The race is open to horses aged five or older, and it is run over a distance of 4 miles 514 yards. It is one of the most popular and iconic horse races in the world, drawing in millions of viewers each year.
What are the implications of Coral’s decision?
Coral’s decision to pay out six places in the Grand National will have a number of implications for the race. Firstly, it increases the chances of winning for punters, as they now have a greater chance of landing a payout. The additional two places also mean that more horses will be in contention for the prize money, which could lead to a more competitive race.
How will it affect the odds?
The additional two places in the Grand National will also have an effect on the odds. With more horses in contention, the odds of each horse will be affected. This could mean that some of the favourites might not have as short odds as they would have had before, while some of the outsiders could have longer odds. This could make the race even more unpredictable, which could lead to some exciting betting opportunities.
What other races offer six places?
Coral’s decision to pay out six places in the Grand National is not unique. Several other major bookmakers have also taken the same approach, including Ladbrokes, William Hill and Paddy Power. These bookmakers have all decided to pay out six places in certain other races, such as the Gold Cup and the Cheltenham Festival.
What are the advantages for punters?
The main advantage for punters is that they now have a greater chance of winning a payout from the Grand National. With six places being paid out, the chances of landing a payout are increased, which makes the race more attractive to punters.
What are the disadvantages for punters?
Despite the increased chances of winning, there are also some disadvantages for punters when it comes to Coral’s decision to pay out six places. One of the main disadvantages is that the odds of each horse will be affected, as there will be more horses in contention. This could mean that some of the favourites might not have as short odds as they would have had before, while some of the outsiders could have longer odds.
What are the advantages for the race?
The main advantage for the race itself is that it will become more competitive. With more horses in contention, there will be a greater chance of a surprise result. This could lead to a more exciting race, as it will be harder to predict the outcome.
What are the disadvantages for the race?
The main disadvantage for the race is that the prize money will be spread more thinly. With six places being paid out, the prize money will be split among a greater number of horses, meaning that the individual winnings will be lower. This could have a negative effect on the prize money of the race, as the overall purse is unlikely to increase.
Conclusion
Coral’s decision to pay out six places in the Grand National is a good move for punters, as it increases their chances of winning a payout. However, it could also have a negative effect on the race itself, as the prize money will be spread more thinly and the odds of each horse could be affected. Ultimately, it is up to punters to decide whether or not the increased chances of winning are worth the potential disadvantages.
Keywords: Coral, Grand National, Bookmakers, Punters, Odds, Prize money