Grand National cancelled: How much will bookies lose out on because of coronavirus crisis? | Racing | Sport

The Grand National was due to take place on April 4 but the outbreak of the coronavirus has resulted in the Aintree race being cancelled. With the UK government advising against mass gatherings, the Jockey Club said it is “no longer appropriate to stage the event”.

The Grand National is the biggest individual day of the year for the bookmaking industry, according to Oddschecker.

The Aintree showpiece is said to be 926 per cent more popular than the Champions League final and 171 per cent more popular than Cheltenham’s Gold Cup day.

Oddschecker spokesperson Callum Wilson said: “No Grand National this year is without a doubt a huge blow for bookies, eviscerating the most popular single day of betting in the country.

“Around 50 per cent of all the money in the race was on back-to-back winner Tiger Roll, with punters fully refunded due to the cancellation.”

READ MORE: Grand National cancelled due to coronavirus crisis

With the Grand National cancelled due to coronavirus, the plethora of bets on Tiger Roll to make history are all void.

Oddschecker say 23 per cent of all bets for the race in the last six months were on Tiger Roll.

This meant he had been backed into a strong favourite throughout the season.

Despite failing to win at Cheltenham, punters continued to back him for a hat-trick of Grand National victories, with a whopping 44 per cent of bets on Gordon Elliott’s ten-year-old.

The Gigginstown runner looked primed for history and excitement was building to palpable levels in the lead up to the race.

Sadly, Tiger Roll will be denied his chance to write himself into folklore this year, but Gordon Elliott remains optimistic he could have a tilt at the 2021 renewal.

Upon hearing the news of the cancellation, he said. “There’s every chance of Tiger Roll competing next year. He doesn’t have many miles on the clock.

“We’ll be training him back for the Grand National again and I’ll be taking it day by day.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *