How to Bet on Greyhounds: Practical Strategies for Beginners

Betting on greyhound races can be quite an exciting adventure, albeit a complex one for beginners. However, with the right knowledge, the art of greyhound betting can become accessible and rewarding even for novices. In this article, premiumsoccertips.net will share about how to bet on greyhounds that beginners need to know for successful greyhound betting.

Learning About Greyhound Racing

Knowledge is power, and greyhound betting is no exception. For beginners, it’s crucial to invest time in understanding the basics of greyhound racing before diving into betting.

Greyhound breeds are categorized based on distance, age, and quality of the dog. All of these factors can significantly impact the outcome of a race. Therefore, understanding these areas will help you make more informed bets.

Best Ways to Bet on Greyhounds

If you’re looking for a surefire way to succeed in betting on greyhounds, forget it. There’s no sudden way to make money from greyhound betting. Instead, what you need to do is develop your own technique based on a combination of online gambling knowledge, understanding of the racetrack, and sound, tested strategies.

To learn more, you should check out our unique strategy page. However, if you’re just starting out, we recommend starting with this page, as it serves as an excellent introduction to various types of bets.

Greyhound Ante Post Betting

Simply put, greyhound ante-post betting refers to any bets placed before an event—such as the day before or a week before. However, when talking about greyhounds, we often refer to major competitive events such as Greyhound Racing in England or Greyhound Racing in Ireland. These events are not just a single race but consist of multiple rounds—thus, bettors can wager entirely on a dog to finish and win the final race.

Due to the large number of dogs appearing in such an event, you can get very high odds for large-sized greyhounds. This contrasts with day-of betting, where someone watches which dogs are running that day and bets on them. It’s worth noting that, with most races lasting 30 seconds or less, live betting doesn’t apply to greyhound betting.

Types of Greyhound Bets

There are many gambling terms you should familiarize yourself with before stepping into the arena. Most common among these is the single bet, while those confident in predicting the outcome of multiple races may engage in accumulator betting. These are indeed the basics, while more seasoned bettors will delve into wagers such as forecast betting and tricast betting—requiring expert precision to make the right choices.

Next, if you’re truly among the sharpest bettors, I advise you to capitalize on quinella and exacta box bets, as well as selecting trebles and even six-folds. In the following section, we’ll precisely explain what this means. We recommend you understand the exact significance of each type of bet to truly maximize your betting experience. Please read what we’ve written below to get a comprehensive idea.

Single Bet

A single bet is the meat and potatoes of greyhound betting. This means you place a bet on a greyhound to win or place in a race, and if the race concludes, you’ll receive a payout based on your stake. This can also be done as a two-way bet, meaning the first two or three dogs to cross the finish line will still be rewarded.

We advise you to place this bet if you think only one greyhound will win the race but don’t know much beyond that. It’s certainly a good way to start.

Accumulator Bet

If you’re someone looking to win big with a small stake, there’s nothing better than an accumulator bet, also known as an accumulator bet. This works by combining the odds of two events together—for example, odds of 2/1 and odds of 3/1 combined to become odds of 6/1.

How to bet on dog races: Types of Greyhound Bets

This starts off with just two selections before doubling, tripling, quadrupling, quintupling, and so on. Most bookmakers allow this to occur within about fourteen or fifteen selections. By then, a single £1 bet could help you earn thousands—although the likelihood of this happening is very, very slim.

Forecast Betting

Forecast betting is straightforward; all you have to do is bet on two greyhounds. The first bet is which team will win while the second bet is which team will come second. A reverse forecast is when you bet on one greyhound to win and the other to come second, while also betting on the other greyhound to come second while the other wins. This is considered a good way to get better profits. We advise you to engage in this bet if you have a sure idea of the top two contenders in the race.

Tricast Betting

Tricast betting is similar to forecast betting but for those who understand even better how greyhounds work. This time, instead of just betting on the first and second positions, the player will bet on the first, second, third positions.

Of course, the odds for this type of selection are quite high, making it a good choice for savvy bettors. A boxed tricast bet is when the bettor wins if any of their chosen selections come first—but obviously, the payout is much lower. The first bet of this kind took place in the US in 1971 at Arlington Park.

Quinella and Exacta Box Bets

Quinella betting is somewhat similar to forecast betting—in which you bet on the top two selections—but they can finish in either order. This actually gives you a slightly better chance of getting a better payout. An exacta box usually refers to something similar but can also be a tricast bet that can occur in any order.

This is a smart betting choice because you can combine the top three ranked greyhounds in a race to make a profit. This is especially good if you’re not sure who the exact winner is but can assume how much better one will perform than the other.

Pick 3 Bet

A pick three bet is a simple bet, often offered for the first three races of the day. This is when you bet on the winner in three consecutive races. This is a classic quirky bet and should only really be used by the most experienced bettors. The chances of getting three selections correct consecutively are quite slim, so if you do this, make sure you only bet an amount you’re willing to lose or ensure the value of the bet is greater than any potential loss. The payouts for this type are very large.

Pick 6 Bet

A pick six bet is quite similar to a pick three bet, but instead of betting on three consecutive winners—this requires you to pick six colossal consecutive bets. Just think about the math. Let’s say all the winners have odds of 2/1. If you bet just £1, this would give you a whopping £729 profit. This is simply a ludicrous amount of money—but truth be told, it takes a lot of skill to get it right. You could literally bet on this outcome 729 times and still be wrong. However, it brings in big profits for a very small investment.

Explaining Greyhound Betting: Best Types of Bets?

The best greyhound bets explained for bettors are those that provide easy and suitable betting methods. While professional bettors may utilize some more complex bets, newcomers are better equipped to stick to the basics. Additionally, it must be said that there’s no one type of bet that guarantees success; instead, through a combination of various bets, that value can be achieved. In the sections below, we analyze the significance of this for different bettors.

For Professional Bettors

Professional bettors know that while single bets and accumulators remain some of the best ways to bet on greyhounds and make money, combining different smart bets together can yield some truly remarkable value.

Therefore, professional bettors comfortable with long-term outcomes seek out entirely strong ante-post bets to add extra value and combine their bets into forecasts, trebles, and even pick threes and pick sixes. If they’re truly confident, they may accumulate many different bets into one colossal accumulator. As all professional bettors know, it’s not just about one bet but gradually increasing the value over time.

For Novice Bettors

If you’re just starting out with this sport, try to get a full explanation from experts about greyhound betting before you begin. There’s no need to start thinking you’re an expert and try out some massive pick six accumulators if you don’t understand the difference between the inside and outside lanes.

A reasonable approach would be to listen to what other bettors are doing, think deeply about your selections, and then place your bets accordingly. Betting a small amount each time is normal, and then, as you gain confidence, start thinking about larger bets. But this takes time and a lot of deep thought about the sport.

How to bet on greyhounds to win

Here are some betting strategies that beginners can apply to achieve more successful outcomes when betting on greyhounds.

Start with simple bets – If you’re not familiar with greyhound betting, start with simple bets like win, place, or show. You just need to pick a dog to finish in first, second, or third place, respectively.
Avoid bias traps – Don’t blindly follow the crowd’s favorites. Instead, rely on your research and understanding of the breeds.
Bet cautiously – When starting out, avoid the “all or nothing” approach. Bet small amounts on multiple races rather than betting a large sum on one race. This will minimize the risk of losses and allow you to enjoy the betting experience for a longer time.
Follow betting trends – Certain breeds and dog species may have their own betting trends. It’s important to identify these trends to maximize your winning potential.

Conclude

In conclusion, when it comes to betting on greyhound races, beginners should adopt practical strategies to enhance their chances of success. Starting with simple bets like win, place, or show allows newcomers to ease into the betting world while minimizing risks. It’s crucial to avoid falling into bias traps and instead rely on thorough research and understanding of the breeds. Additionally, betting cautiously by spreading smaller amounts across multiple races rather than wagering large sums on single events helps mitigate losses and prolongs the enjoyment of the betting experience. By following betting trends and adapting strategies accordingly, beginners can gradually build their confidence and increase their chances of winning in greyhound betting.