The Guide to Greyhound Betting

Greyhound tracks reap glorious rewards to those who attempt to outsmart the bookie. Indeed, the markets for greyhounds are some of the oldest and most well-known. The sport in itself is hardly separated from the associated betting that goes along with it, such is the extent to which they are intertwined. Despite the fact that Greyhound betting attracts, and has attracted some of the most dedicated punters in betting, it’s still an accessible market for a beginner. It doesn’t take a life time in order to gain an elementary understanding of what can affect greyhounds in a race. Just a little bit of practice and some sound knowledge of the variable plays should get you off to a good start.

The Markets to look for

There are several bet types. To bet for a win you will simply put your money behind a certain dog winning. Ask the teller for ‘a win on 5’. To lighten the risk you can pick your favourite for a ‘place bet’ where you will land in the money if they hit the first three. You can insure your favourite while also improving your odds by getting both a place bet and a win bet; this is called ‘each way’.

Another popular bet is an ‘open boxed trifecta’, whereby you select 3 dogs to place in the top 3. This can be a great opportunity for a combination of insurance and value, if you select a favourite and (what you see as and undervalued) some underdogs; the favourite will improve the odds of the bet hitting while the underdogs will improve the equity of your bet so that if you hit them you will pay out greater. You can also do ‘first 4’, which gives great payout if you can correctly select the first four placing dogs. Though profitable, you will need some serious insights to beat the odds on these bets.

Watch volatile movement on the favourite

The market in Greyhound betting is largely made up of professional punters who conduct independent analysis and perform rational betting. The down side of this is there is less easy competition swelling the ‘favourites’ out of true alignment, meaning less opportunities for informed punts against ignorant volatility. The up side is that the sways in the market can actually be taken to accurately reflect real information. A strategy that some punters employ is backing a ‘backed’ dog whose odds are suddenly drastically reduced leading up to the start of the race; on a similar token

How is the dogs form?

An older dog is a slower dog, and once its past 2 or 3 it’s likely to be past its prime. Take note of the fact that although the odds on more matured (i.e. had more than 100 races) dogs are more consistent as bookies have payed close attention, the money can be hidden in new talent (30 races or less) where young talent and youthful exuberance hasn’t been identified yet.

Another thing to keep in mind when narrowing your selection is a dog’s recent history. As a general rule, don’t bet on dogs that haven’t run in the last 30 days as it’s possible that they’ve been injured and have been in recovery.

A dog that runs well from the inside and has stats as a favourite on the line-up will still perform subpar if it starts on the outer trap or in the middle somewhere; you can look up its past history to identify trezds like this, and it’s worth doing so because small things like this can make a difference in how the race unfolds.

If you can see the field, watch the first few races before betting

The field will favour certain draws on the card depending on the conditions of the day, and these trends will only emerge after several races go through. The conditions on the ground can have a massive impact so it definitely worth watching out for any trends early on. Wet weather can be better for wider runners as the inside track will be destroyed faster. Another thing to consider is if the dog will be a ‘front runner’/first off the track, or trailing at the start. In bad conditions back runners are liable to cop a lot of muck from those in front, which can affect their form. If the track becomes dryer or more compacted in freezing conditions, inside draws can have an edge due to the early advantage which can hold with the more even turf. Also lighter dogs have a more difficult time in wetter conditions where they can’t skip on a dry turf as easily. A combination box with a favourite and some heavier dogs can pay off in these spots especially if you’re so fortunate as to have a female favourite wedged between the two heavy dogs, or just behind.