Greyhound Betting
Betting On Greyhounds
Greyhound racing is on every day of the year, bar Christmas day, making it a very popular sport for punters to bet on. Bookies also love greyhound racing and can advertise some great free bet offers to accompany it. Greyhound racing is fast, exciting and also unpredictable, all of which adds to the allure for both bettors and bookies but what can you actually bet on?
Well if you have bet on horse racing before then you will most likely recognise the markets that we will look through below. Greyhound racing and horse racing are very similar with the obvious differences being the length of track they run on, the lack of hurdles, no jockey and that they are different animals! Betting on the two though works in an almost identical way.
When it comes to betting on greyhounds you will see, in comparison to horse racing, that the markets only really come alive in the final few minutes before a greyhound race starts. Whilst it is true to say that you will see movement in horse racing as well, with greyhounds it is much more apparent and fluid. If you ever use a betting exchange take a look at a greyhound race just before the start and you will see what we mean. This movement can work both ways in terms of betting value. You may well back a dog and the odds plummet meaning you got a good value price or you may see the odds drift meaning the value is not so great. Some bookies though will counter this for you with the addition of “Best Odds Guaranteed” on the racing. This essentially means that if the dog’s starting price is higher than the odds you backed it at then the bookie will honour those starting price odds. Any winnings you are due will then be paid out at the starting price odds.
Popular Markets To Bet On
Win Bets: These are the easiest and most popular type of bet. With this bet, you are backing the dog to win the race. If it wins you win, if it loses you lose. As mentioned earlier, you will see the odds move around a lot before the start of the race but with some bookies you will have that safety net of best odds guaranteed. If a race does qualify for best odds guaranteed you will normally see this clearly indicated in either the information for the race on the market page, in the betslip when you place the or after you have placed the bet in your open bet/bet history section of your account.
Each Way Bets: This type of bet is actually two bets rolled into one. Your first bet is backing the dog to win and the second bet is backing the dog to place which means to finish in a set number of positions in a race so second or third for example. If your dog places then you will be paid out at a fraction of the winning odds. The fractional payout and places offered are dependant on the number of dogs running. Be aware that when you place an each way bet your stake will be doubled when you tick the each way option, so a £10 e/w bet will actually be a £20 total stake.
Place Bets: Here you bet on the dog to finish first or second in the race. If the dog finishes in either of these positions your place bet wins and you will be paid out the same amount regardless of if the dog came first or second. This type of bet increases your chances of winning some money but the payout will be less if the dog wins the race in comparison to a straight win bet.
Forecast and Tricast Betting: With this bet, you need to channel your inner Mystic Meg and predict the finishing order of a number of dogs. With Forecast in order to win you will correctly predict the dogs that will finish first and second. With Tricast you are predicting the dogs that will finish first, second and third. Odds will be high for this type of bet but it will obviously much harder to predict than a straight win bet.
How to Make A Profit On Greyhound Racing
Whilst it is possible to get value from greyhound racing it is a very unpredictable sport due to the very fact that dogs are, wait for it, animals and therefore very difficult to gauge how exactly they will react on race day. If you do still fancy a flutter on the dogs then take a look through the statistics and records of the dogs you are about to bet on. Consider the weather conditions where they are racing and also running style of the dog. These are just a few elements to look for, there are many more.
Researching all of this can take a very long time and there is still no guarantee that you will profit. What if there was a technique that was quick, easy and also wasn’t reliant on a certain dog winning to make a profit. Well, there is, and it is called Matched Betting with Profit Accumulator.
What is Matched Betting?
Matched Betting is a way of taking advantage of the hundreds of free bet offers dished out by bookies. Although it has betting in the name there is no real gambling involved as, unlike normal betting, we cover all possible outcomes of an event. This means regardless of the result we can make a profit and turn those free bets into real cash!
Keen to Get Involved?
The great news is you don’t need to be a sports fan or betting fanatic to sign up and use Profit Accumulator. Many of our members are not sports fans and had never placed a bet in their lives but that doesn’t stop them from making some tax-free cash.
For more info on what matched betting is, check out these articles: