OpenBet powers record-breaking 101,000 peak bets per minute at Grand National 2024
OpenBet, a leading content, platform and service provider to the sports betting industry, has reported impressive results at this year’s Grand National Festival, processing 101,000 peak bets per minute, which represents an increase of 21% year-on-year.
During the horse racing festival, OpenBet’s robust betting engine powered the account transactions for market-leading operators such as William Hill, Entain and Flutter, delivering a seamless betting experience for their customers.
Despite a reduced field size of 34 runners during the flagship race, betting interest remained extremely high across the three-day festival, which remains one of the busiest horse races of the year.
Significant highlights across OpenBet’s customers included:
- 101,000 peak bets per minute (BPM), 21% increase versus 2023
- 3,000 peak bets per second, 34% increase versus 2023
- 397 million account transactions, 3% increase versus 2023
- Average win and each way stake was £5.42
Florian Diederichsen, CTO at OpenBet, said: “We continue to deliver record-breaking results at OpenBet, across some of the world’s major sporting events.
“This year, the Grand National continued to attract extraordinary levels of bettors. With an average win and each way stake being £5.42, any downtime would have risked hundreds of thousands of pounds of lost turnover. However, our operator partners were able to deliver a seamless betting experience for the historical event with the support of our highly experienced team and industry-leading technology. We look forward to delivering even more success during the summer of sport ahead.”