The Greyhound Betting Guide: Odds, and Tips on Winning Big
Many people don’t realise it, but the only way to be successful at betting is to know the ropes. Figuring out how to bet successfully means knowing all your options: From sports betting, betting on horses, to greyhound betting, you have to know the ins and outs.
Without further ado, welcome to the world of dog racing: In this guide, we’ll talk in detail about racing greyhounds, including the terms, odds, and what platforms to bet on for the best greyhound stakes. Ready, set, go!
What Is Greyhound Betting?
Betting on greyhound racing is simple: You bet on a race featuring six to eight dogs. The most straightforward bet to place here is a win bet.
The Best Sites To Place Bets On Greyhounds
Selecting the right site to place bets could make all the difference between success and disaster. Some greyhound bookmakers offer just the right bonuses, while others have great odds. Here are some of the best sites to make bets on greyhounds!
888Sport is an excellent betting site. It offers users live streams of dog races every day, combined with really great odds. There are also hundreds of markets to choose from. After all, the more options you have, the higher your chances of success.
William Hill is one of the oldest bookmakers out there, with an opening date in 1934. It has a daily offering of dog races and the Racing Outsider special. William Hill supports fast withdrawal and a wide range of currencies, so all your bases will be covered.
With Ladbrokes, greyhound betting gives you daily Price Boosts, live streaming on dog races so you can live out the action as it happens, and some of the best odds on the market. Ladbrokes is one of the oldest betting sites in the UK, and what you get is pure pedigree.
If you don’t like any of these, you can always pick from the hundreds of other betting sites out there. Just remember – the greyhound betting system with the bookmaker you eventually settle for must offer a wide variety of bet types.
Now that we’ve covered where to play the game, it’s time to take a look at how you can play it.
Greyhound Bet Types
There are various types of greyhound racing bets, and you should be comfortable with all the terms if you want to participate. Some of them – e.g., the single and multiples bet – are easy to understand, while others require a little more expertise.
Single bets are beginner bets: Pick a greyhound to either win or place in a race, and if your predictions are correct, you will have won your bet.
You can also make an each-way bet. Here, you’re betting that your favourite will either place or win, and you get a return either way. If you’re a newcomer to betting on greyhound racing, this is an excellent option to start with.
Some people believe in the dynamic of staking small and winning big. If this is you, look no further than a multiples bet (i.e., an accumulator bet).
Here, you bet on two (or more) events simultaneously. If both occur, you win. If either doesn’t pan out, you lose. You can have a double, a treble, four-fold or more, with many bookies letting you make a bet of up to 15 selections. With a multiples bet, you could very well earn thousands on a few pounds with the right greyhound racing odds. However, the more selections you make, the slimmer your chances of success get.
With a forecast bet, you are betting on at least two dogs. With a straight forecast, you predict which greyhound will win the race, and which will finish second. A reverse forecast bet would be you betting on the same two dogs, but they can finish in any order, so long as they are first and second. A combination forecast involves three dogs, but you’re betting on at least two of them to finish first and second. And there are several other types of forecast bets, too!
A trifecta bet on greyhound racing is a straight forecast bet with three dogs. The odds on this type of bet are tenuous, since you’re essentially tying three events together. You need to have plenty of background knowledge on greyhounds and the particular greyhounds racing in your race of choice to make it successfully.
Pick Six Bets
A Pick Six bet involves a bettor picking the winners of six different races. It sounds almost impossible, but should your selections come true, your winnings would be massive. These bets are considered a massive risk in greyhound racing, but if you’re looking for high wins on small stakes, they might be just the ticket.
Greyhound Ante Post Betting
This is any bet that has been placed at least a day before an event, when the price of a bet is more favourable than it would be once the event starts. A greyhound derby, for example, isn’t just one race, but a set of events; you can make an ante post bet on the final winner long before the final race actually occurs. Most dog races last for only 30 seconds or less, so you should know that live greyhound betting isn’t available.
Best Bet Type For Greyhounds
Which bet would be best for you depends on several factors. The first is your reason for betting. The second is the odds you’re comfortable with: Are you looking to earn big on small investments, or use a substantial amount on relatively low odds? Now that you’ve had greyhound betting explained, you should be able to answer those questions. For expert bettors, complex bets fit the bill, whereas newbie bettors should stick to basic bets like singles or multiples. Just remember – no bet brings guaranteed success; it’s a mix of luck and knowledge.
How to bet on greyhounds properly:
You can use many strategies, but the most important thing is that you have as much information as possible before making a bet. You need to know the odds, the racers, your betting options, and keep a close eye on your bankroll to make a proper greyhound bet.
What is the best way to bet on greyhounds?
No way to bet on greyhounds guarantees winning. However, when just starting out, your best bet is to bet on one dog to win a particular race, or pick two greyhounds to be placed in order, offering you a better chance of winning. When betting on greyhound races, it is also important to remember that picking a dog to win a race has the least lucrative odds, and lower winnings.
What are the best dog racing betting sites?
While there are a lot of sites that offer bets on greyhounds, there are some that simply stand out from the rest. We have enlisted our top three performers in this guide, but feel free to do your own research; there are many places to look at when it comes to greyhound betting.