Greyhound Racing Tips
Online greyhound betting is an exciting way to place wagers on your favorite greyhounds without having to visit every race in person. Some of the popular online greyhound betting sites today give fans access to greyhound races from around the world.
History of Online Greyhound Betting
The sport of greyhound racing has been around for centuries and was especially popular among the ancient Egyptians more than 4,000 years ago. Throughout the ages, greyhound racing has maintained a status as a gentleman’s sport. Nobles, kings and pharaohs have all partaken in greyhound betting.
Modern day greyhound racing has a lot more competition from other sports but it still remains a popular pastime. Live greyhound tracks can be found in most large cities, but not everyone has access to greyhound tracks. As a result, online greyhound betting has become extremely popular recently. With online greyhound betting, it is no longer necessary to travel for miles to the nearest greyhound track.
All a person needs today is a computer, a connection to the internet and a little money. With those three things in hand, anyone can place bets on greyhound races from anywhere in the world. The betting sites listed here all support greyhound racing.
If you would like to try your hand at online greyhound betting, all you need is to visit one of the sportsbooks listed here. Not all sportsbooks support greyhound betting, but the ones listed here do. Just click on one of the links listed here to visit that sportsbook and then create an account. You will see a large “join now” or “join today” button placed prominently on the page. Just click that button, create your account and you’ll be ready to go.
Making a deposit
The next thing you will need to do is make a deposit. This process is also fairly simple. Once you are logged in to your betting account, you can visit the cashier to choose your deposit method and load your funds. Depending on your location, you will have access to several different deposit methods. Just choose one of those methods, follow the instructions and you’ll be ready to place real money greyhound bets.
If you live in the United States, you won’t have as many deposit options but that shouldn’t be a problem. Credit card deposits are the easiest but they don’t always work. If you have any problems depositing via credit card, I recommend you just deposit with a different card or try a different deposit method.
Once you have a real money account, you can place your bets by navigating to the greyhound racing section. Inside there, you’ll be able to place your bets. For people who are new to greyhound betting, the interface can be a little confusing at first. But don’t worry, I’m planning on adding a tutorial to this website soon. In the meantime, feel free to play around with the options and get used to the site.
Greyhound betting is an enormous industry with around £2,500,000,000 a year wagered on dog races in the UK alone. It is second only to football as the greatest spectator sport. Clearly, there is a lot of money to be made (or lost) but, compared to horse racing, it is a lottery!
This is my opinion why and a greyhound betting system that actually works.
Fact: there are no tipsters proven to show a profit and even the Racing Post picks will not make you money. The reason for this is threefold. Firstly, since the dogs have no riders, they can run without much sense and frequently bump into each other – do they even know they are supposed to come first? Secondly, Odds do not reflect the chances of winning and we frequently see rank outsiders come first. Remember, there are only ever six dogs in the race and for the top three the real odds are about one in four and for the bottom three about one in eight. Thirdly, most tracks have a very noticeable bias – one or two traps produce most of the winners and another one or two traps most of the losers.
In addition to these disheartening facts, not many people know that races are supposedly handicapped to give all the dogs an equal chance of winning. This is done by putting the faster dogs in the outside tracks (further to run) and the slower dogs on the inside tracks. There are many ways to rate the runners and the top three rating websites almost never agree! So, you will see that even breaking even is very difficult indeed.
From my experience monitoring trap bias (and taking advantage of this), track officials eventually adjust things to try and balance this out by either putting quick starters or fast dogs in losing traps or perhaps jiggling the trap release mechanisms! So, we may have identified the fact that, say, trap 5 only wins one in eight races and so will be laying average dogs in this trap and then suddenly find that it has become a one in four winner. You can research which traps are biased from the results given at www.thedogs.co.uk/Results.aspx and search by track.
Well, with £2.5 billion at stake can we really expect a level playing field? I suggest not…
It gets worse because, as far as I can tell from my own checking, the websites that provide trap stats are quite incorrect. Now, some might say this must be because they either incompetent or being paid off by the betting industry to mislead punters. this means you have to make your own stats and this is extremely time consuming because they have to be re-checked once a week.
What is the real deal?
With a serious amount of research, I make around £100 a day from greyhound betting and I’ve thought of running a tipping service to make a bit more, but the problem here is that I use Betfair and I’m not sure that there is enough money available to have a load more people matching my bets. This is particularly true betting in the place market (1st or 2nd) and during the evenings when liquidity can be so poor as to make it unplayable.
So, if you want to bet on the dogs, my advice would be to take very little notice of the experts and do your own research. If you are betting to win, only do so when your chosen hound is in one of the winning traps and if you are betting to lose, identify the losing traps! If you use Betfair (where the odds are very much better for backing) I suggest you try and stick to the afternoon BAGS races because odds go crazy and available money is much scarcer during the evenings. Remember that Betfair odds can literally be twice or three times those of regular bookmakers so you are at a statistical disadvantage when laying – so backing is far better. It is extremely common, yes extremely common, for dogs with double figure odds to come home first, so you need to be very sure (impossible?) when laying over about 7.0 at most. When backing, increase your stake slightly after each loss if you have a good strike record.
Of course, with several hundred races every day of the week, greyhounds provide a very tempting field for betting. It is the fact that, every few minutes, from late morning to late evening there is money to be made and lost that provides the attraction.
It is my hope that, armed with the information presented here, you will approach greyhound betting with your eyes opened… Good luck!