If you are looking for one sure-fire way to be successful when it comes to betting on greyhounds, then forget it. There is no one way to suddenly be making bank from dog betting. Instead, what you need to do is develop your own technique based on a combination of online gambling knowledge, understanding of the track and a true and tested strategy. To learn more, you should check out our unique strategy page.
Nonetheless, if you are just getting started, then we do recommend beginning with this page, which will work as a great introduction to different bet types. In simplest terms greyhound Ante Post betting refers to any bet placed before an event — such as the day before or the previous week.
When we are talking about greyhounds however, we are usually talking about huge competitive events such as the English Greyhound Derby or the Irish Greyhound Derby. These events are not just one race, but feature many different heats — therefore the bettor can bet on a dog outright to reach and win the final race.
Due to the sheer amount of dogs that appear in an event like this, you can get very large odds on outsized greyhounds. This is in contrast to on-the-day betting whereby someone would see what dogs were running on the day and bet on them. It is worth noting that, with most races occurring in 30 seconds or less, that live bet placement is unavailable for greyhound betting. There are a whole host of gambling terms that you should be familiar with before you get onto the pitch.
The most common of them all is the single bet, while people who believe they know the outcome of several races may engage in a multiples bet. These are really the basics, while more expert bettors will engage in bets such as the forecast and trifecta bet — requiring expert precision in getting your choices right. Then if you are really one of the most intelligent bettors around, I would recommend taking advantage of quinella and exacta box bets, as well as picking three and even six bets.
In this subsequent section we will explain exactly what this all means. We would recommend understanding exactly which each bet type means in order to really maximise your betting experience. Please read on what we have written below in order to get the full idea. A single bet is really the meat and potatoes of greyhound betting. What this means is you either bet on a greyhound to win or place in the race, and if the race comes off, you will get a return on your bet.
This can also be done as an either way race, which means that the first two to three dogs to cross the line in the race will still pay out. Definitely a good way to get started. This starts with a double, which is just two selections, before going up to treble, four-fold, five-fold and more. Most bookmakers allow this to go all the way too around fourteen or fifteen selections. A forecast bet is simple; all you have to do is bet on two greyhounds. The first bet is on which one will win while the second is on which will be the runner-up.
A reverse forecast is when you bet on both one greyhound to be first and the other to be second while also betting on the other greyhound to be second while the other is first. This is seen as a decent way to get a better return. We would recommend taking part in this bet if you have a strong idea of the top two runners in the race. A trifecta bet is similar to a forecast bet but for people with even better understanding of how the greyhounds work.
This time, instead of just betting on first and second place, the punter will be betting on first, second and third place. Naturally, the odds levels for this kind of selection are rather high, making it a good choice for an intelligent bettor. A boxed trifecta bet is when the punter wins if any of the selections they pick comes first — but obviously, the payout is much lower. A quinella bet is a bit like a forecast bet — in that you bet on the top two selections — but they can finish in either order.
In this example, the fixed odds available for Black Magic Opal are slightly above the Giddy-Up estimate. For more optimal results, the system would likely work better if two parties manage it, one providing the probabilities of winning and the other the Risk Manager entering the data inputs and executing the bet.
This is because the formula can produce outlay amounts that may not be intuitive, especially should your bankroll grow and the outlays for each bet become much bigger. The model will also produce wild swings in balances that can throw a punter's confidence in the system, setting back punters or producing significant short term growth that instils an unrealistic level of confidence in the system which subsequently distorts future inputs.
When this occurs, punters can lack the discipline required and either ignore the recommendation or revise their probability inputs so that a bet can be made. Alternatively, punters can lay the favourite using Ladbrokes. An example excel spreadsheet model of the Kelly Formula can be downloaded here. Disclaimer: Use at your own risk. The information above is of a very general nature and is provided as a guide only. The usual disclaimers regarding no acceptance or responsibility for accuracy apply, including the use of the sample excel spreadsheet.
The John Kelly Formula is merely a tool amongst many that may be of use to some gamblers. Giddy-Up also provides no guarantee that their service will generate any return in isolation. Giddy-Up is a service we subscribe to and we have no affiliation with beyond that subscription. See here for more information regarding problem gambling. If less than 8 runners, a place bet pays on only 1st and 2nd placings.
You can add more greyhounds to the mix to improve your chances. You can pick between 4 or 8 greyhounds in your bet. Don't feel embarrassed! You can select 'fixed price odds' which guarantees your price when you make your bet note that all on-course Bookmakers provide fixed price odds. Simply tell the TAB operator "fixed odds" when placing the bet. The start is one of the most important factors to assess because a good start can mean a greyhound will avoid a squeeze. Here is a snap shot of a Speed Map, overlaid with some comments by ourselves:.
Number 1 the red rug appears to have plenty of room here as numbers 2 and 3 appear to be slower starters based on recent race history. The number 1 box also produces the most winners see below "stats" , so we just want to then look at recent race times at Wentworth Park over m compared to the other greyhounds. If we see Greyhound runner 8 also appears a fast starter, so check how he matches up against number 1.
The race review slide the screen across to the left on the app will usually mention if any of these greyhounds are what we call a "widey" likes to race wide and avoid the other greyhounds or a railer hugs the rail, which is of course the quickest way to the finish post.
Racebooks will also report "1st Sectional Times" which is the input for the above Speed Map and is usually around 5 seconds. Study these closely as even a fraction difference can determine a race. If a dog ran a poor 1st sectional last start, check from which box it ran from.
If it is box 4, 5 or 6 then you could forgive it! Look for best times and best sectionals, but discount anything more than months old. Check how many races the greyhound has won and its placings. Other information is important such as the record of the Trainer and first-time starters at Wentworth Park, but overall the variables and inputs that influence a race start to shrink.
Unlike the horses there is no need to check track conditions, weather, the jockey, whether the rail is out or if its a full moon etc. Minor considerations might include whether your selection is a bitch female and if two dogs male are placed either side of it at the starting boxes.
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These incentives often include cashback on losses, payouts if your horse comes in second and more. Greyhound betting was one of the first forms of online betting to be legalized in the United States. Individual states retained the authority to opt-out of racing betting, however.
Most states decided to allow racing betting, but a handful do not. You can see the full list of states that allow online greyhound betting below. So why did horse and dog racing get exemptions from the law? Well, it was most likely a result of political clout. Horse and dog tracks have strong connections with politicians in their states and were able to plead their cases to the powers that be.
Additionally, dog and horse racing tracks rely on betting revenue to stay in business. Internet betting was seen as a way to bring increased viewership and wagers to struggling tracks, which in turn hire people and spur the local economy. What this means for you is that it is legal to bet on greyhounds online and via mobile devices at any of the licensed racebooks listed here. The significant decline in active greyhound tracks beginning in will have a major impact on the industry as a whole, but fans in most states including Florida will still be able to bet on greyhound races online at major websites for as long as there are active racetracks anywhere in the United States.
Greyhound betting is a form of parimutuel wagering , in which all wagers of the same type are pooled together. Payouts for each wager are determined based on the amount of money bet on each dog after the house take and taxes have been removed from the pool.
The most important thing to know about parimutuel racing betting is that the odds are not fixed in place, even after you place your wager. The final payout odds are only known after the final bet has been placed. The advantage of pari-mutuel wagering is that bettors do not compete against the house. The house takes a cut regardless of how the race plays out.
Your only competition is the general betting public. Betting on greyhounds is almost identical to betting on horses. The same bets and wagers that can be placed on horse races can also be placed on greyhounds. This is the simplest greyhound racing bet of them all. In a straight bet to win, you pick one dog and you win if that dog takes first place. This is another bet on a single dog, except this time you win if your dog finishes 1 st OR 2 nd. This bet is a little easier to win and therefore pays a little less than the straight bet to win.
Again, you bet on a single dog. This time, your bet wins if he finishes anywhere in the top 3. An across-the-board bet is a combination of the above three wagers. In this one, you pick exactly one dog and place three different bets on that dog: a win bet, a place bet and a show bet.
If your dog comes in first place, you collect on all three bets. If your dog comes in second, you collect only on the place and show bets. If your dog comes in third, you collect only on the show bet. Pick two different dogs and you win if they take first and second place.
Pick the first place finishers of two different races. This bet is usually offered on the first two races of the day and you must place it before the first race begins. Similar to a daily double bet except in this one, you pick the winners of 3 different races. Sometimes you will also see Pick 4s and Pick 6s. Those also have the same basic idea except applied to four or six different races.
Some dog racing tracks offer special jackpots for the Pick 6 bet. A racetrack will set up some type of jackpot that grows each day until one person successfully picks the 1 st place finishers of six different races. A parlay is a chain of bets spread across multiple races. If your first pick wins, the winnings automatically roll over and are applied to the bet on the next race. Parlays are difficult to win but they offer potentially massive prizes.
One of the more advanced betting options in dog racing is to box a quinella, trifecta or superfecta. This bet would allow you to pick four different dogs and then you will win if any two of those dogs take first and second place. You can pick anywhere from 3 to 8 dogs, but the more dogs you box, the more expensive the bet becomes. A keyed bet is similar to a boxed bet in that it allows you to pick multiple dogs.
The difference here is that you pick one dog to take first place and then add 3 or more other dogs to take 2nd and 3 rd place in no particular order. In a superfecta key, you pick one dog to take 1 st and then three or more dogs to take 2 nd , 3 rd and 4 th in no particular order. The main thing to keep in mind here is that the key dog MUST take first place; the remaining dogs can finish in any order. TVG and BetAmerica both have a nice simulcast system for watching live greyhound races.
All you need is an account and you can watch the races in real-time. You do not need to bet or even fund your account. Sign up, log in and you can watch every race. This will be the easiest bet for me to explain. This is a straightforward bet where the dog you chose wins the race. An each way bet is essentially two bets on the same dog. Half of your stake will be placed on the dog to win and half of your stake is placed on the dog to be placed.
This involves predicting the dogs that will finish 1st, 2nd and 3rd in the correct order. This is one of the hardest best there is. This is similar to the Tricast bet but punters are required to predict just which dogs will finish 1st and 2nd in the correct order.
This is the same as a Straight Forecast but bettors are not required to guess the order of the top 2 dogs. This is when multiple bets are placed on a single bet slip, with the amount of possible combinations being endless. This bet type is my personal favourite for all sports.
Reason being is that in-play betting puts punters in a much more knowledgeable position to make a prediction than pre-match bets. A great feature about greyhound racing is that underdogs stand a great chance in causing an upset. Therefore, learning about unestablished dogs will open opportunities at great odds as upsets are bound to occur.
Younger dogs tend to be less jaded and have a faster change of direction than the more experienced dogs. A mistake most bettors make in all sports is that try become a jack of all trades rather than becoming a specialist in a certain area. Each track has its own characteristics thus suiting different type of dogs. Go on the stadium's websites and watch the previous races over and over to become an expert at which type of dogs the track suits.
Although trainers these days have a reputation for not doing much, they still have significant influence over the final outcome. Just like the dogs, each trainer performs better in certain tracks over others.
The administration that organise the races are experts at strategically placing dogs according to their running styles to increase the chances of havoc happening. Although most punters suffer due to this, it is an opportunity to study these running styles and which ones will be prevailing in certain situations.