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There Betting 101 are a few things that decide the odds on each Grand National horse. In the build-up, most bookmakers will have similar prices on each horse. Prior to the final runners being declared the bookmakers will have what is called an ‘ante-post’ market. This is filled with all the horses that the bookmakers think will ‘potentially’ run in the Grand National. Due to safety reasons, the maximum number of runners in the Grand National is 40.
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