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£92.8m Grand National smashes records on Smarkets

£92.8m Grand National smashes records on Smarkets
£92.8m Grand National smashes records on SmarketsReading Time: < 1 minute

 

  • Saturday’s Grand National set a new record on the Smarkets platform (Smarkets & SBK) for betting volume on a single event with £92.8m traded on the famous race, an increase of 21% from the last Grand National in 2019 (£76.5m).
  • The National made up 71% of volume on the three-day Aintree Festival, with a total of £131m traded on the races from Thursday to Saturday (28% increase on 2019, £101m).
  • On our sportsbook app SBK, Grand National winner Minella Times was the second most-backed horse, with pre-race favourite Cloth Cap, who failed to finish, the best backed.
  • In total, £263m worth of bets were processed on Smarkets over the previous seven-day period (5-11 April), making it the second most-traded week in the company’s history.
  • On a historic weekend of sport, The Masters had £13.9m in betting volume as Hideki Matsuyama became the first Japanese man to win one of golf’s four Majors.
  • Smarkets CEO/Founder Jason Trost said:

“After a record-breaking Cheltenham Festival for the company, to have set a new all-time high for betting volume on a single event is another big milestone for us. The growth of both our products, but especially SBK, has been phenomenal recently.

“It was a thrilling Grand National with a wonderful story as Rachael Blackmore became the first female jockey to win the race, and I’m glad more people than ever enjoyed betting on it with our market-leading prices.

“We have a lot of momentum as a business right now, and with a summer football tournament one of several big events coming up, I’m excited for the next few months.”

Last month Smarkets also had £210m in total betting volume during a record-breaking Cheltenham Festival.

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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