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This is down to two reason; modern bookmakers are very intelligently run and most punters bet without having a game plan. The sport that we will be providing information on in this article is greyhound races, a sport which is no stranger to the betting scene. Australia is actually banning greyhound racing come 1st July Although I do not condone the mistreatment of dogs, I am quite a fan of Greyhound Racing. In this article, we will be explaining must-know terms and providing you with some betting tips on how to bet on dog races.
First of all. These are early prices and starting prices, early prices are offered to attract punters in placing an early bet. 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. There are active greyhound racetracks in just four states today, and even that number is on pace to be cut by half over the near term.
Most importantly, licensed greyhound betting sites are safe from a legal and financial standpoint. Additionally, legal greyhound betting sites in the USA have agreements in place with the host track of every race. Online wagers are pooled with those taken in person and fans are paid at full track odds. These agreements also allow legal racebooks to provide live racing video straight from the track free of charge.
These betting sites are well-known, financially suitable and have been in the business for a very long time. TVG and BetAmerica offer numerous promotions and rewards in customer signup and retention efforts. One of the first promotions offered to new depositing customers when signing up is a bonus. Greyhound betting sites offer a variety of promos that change over time. 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.
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In this article, we will be explaining must-know terms and providing you with some betting tips on how to bet on dog races. First of all. These are early prices and starting prices, early prices are offered to attract punters in placing an early bet. 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.
Learning the basics of wagering on dog races only takes a few minutes. Learning how to become a profitable long term bettor takes a bit more time, but people do manage to turn a profit at the racetrack and online racebooks. Review Open Account. Dog racing betting online has grown quickly thanks to the spread of internet access around the world.
In all likelihood, online dog racing betting will become the most popular format for real money wagers at some point, and the same could be said about online horse racing betting. The vast majority of dog racing betting involves greyhound races. The sport of greyhound racing is not as widespread today as it was in times past, but there are still active greyhound racing tracks in many different countries.
Dog racing wagering is usually connected to major racebooks and betting sites. If you already have an account at an online betting site, you can check there first to see if it offers dog racing betting online. If not, there are a few sites listed here that we recommend for greyhound betting.
Finding a decent dog racing betting site is a bit more difficult than finding a regular sports or horse racing betting site. Dog races betting sites are not as common as other types of online gambling. Fortunately, we do know of a few reputable dog betting websites that provide bettors with a great experience.
There are several different types of dog racing bets that are the most popular. These wagers all resemble the most common types of bets in horse racing. Each dog is listed on the betting sheet with its accompanying odds. Dogs that are considered favorites offer smaller payouts while dogs that are known to be slower offer much higher payouts.
The second dog in this example is perceived to be more likely to win, so that dog has been given less attractive odds.
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