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They peak at certain periods, have good seasons and bad, or if young, may not yet have reached their peak and may perform better as they mature. The challenge of betting on greyhounds is to collect and analyze information and then make a sound judgement on what to bet on, what type of bet to place and how much. To create an opportunity to be a winner, you need to take into account three main factors, analyze them and act on your findings accordingly.
These are: The odds offer Price The value of the odds overpriced or underpriced? The type of bet single, multiple, combination, etc. The odds offer has to be at least to make it worthwhile. If necessary, choose a selection with a slightly higher risk to prop up the price. The value of the odds must be such that the sportsbook's commission is to a minimum, if at all. Some selections get 'steamed' unnecessarily. When this happens, the 'favorite' price lengthens. Take advantage of those situations.
Three type of bets seem to stand out as a sensible combination to use because they are simple, not too difficult to win and have good winning potential: the Straight bet, the Doubles and the Future. These include, knowing and understanding exactly how the dog runs, the trap they are running out of, the weather conditions and becoming the master of a particular domain.
Take a look below! There a bunch of greyhound betting strategy that can be deployed from race to race in order to make sure you achieve your dream of making money from greyhound betting. In this section we will look at those systems that have been proven to work, or at least have a better success rate that others.
These will be different depending on whether you are betting on an event that allows strong outright bets — such as the English greyhound derby — or simply betting on events that happen to be on that day. In the sections below we will be looking at hedging your bets and arbitrage. We would recommend reading these sections with a beady eye as they could mean the difference between merely a decent betting experience and a really great one.
Whether you think you know everything but just need a refresher, or are really new to greyhound system betting, we recommend you read all about it now. Then go forth and utilise greyhound betting systems that work! Hedging your bets is a simple concept. It literally defines itself as protecting yourself in order to maximise your potential for profit.
This can mean betting on, for an example, the favourite to place but then the second favourite to show. It is highly likely to happen, and can protect your bet. This will mean a potentially smaller cut, but does also mean We would only recommend getting your calculator out so your can figure out any potential outcomes. Abritrage is similar to hedging your bets but it is done in such a way that it guarantees you a profit regardless of outcome.
This can usually be done on a betting exchange. This is because you can bet on how the odds are moving as well as how he odds are positioned. Otherwise known as matched betting, this requires a very level of mathematical ability. If you can pull it off however, you can bank some serious cash.
If you have been looking at greyhound betting systems online, you may have come across a few dodgy characters promising a surefire way to make money betting online. The thing is, there really is no surefire way of making money online. Even arbitrage betting, which we have explained above is still a very complicated way of guaranteeing profit and will not be easy to find all of the time.
To help you save cash and not sink it through wishful thinking, we have covered two fallacies that other people may swear by, but that we think can be dangerous to really put your money on. These are known as the Monte Carlo fallacy and the Martingale fallacy. Please take a look at the sections we have created for you below so you do not fall prey to any pipe dreams someone else may be trying to sell you.
The Monte Carlo fallacy comes from the Monte Carlo Casino when the ball landed on the black 26 times in a row. Gamblers lost millions betting against black in the belief that the ball simply had to land on red soon. But this is incorrect. The same goes for greyhound betting. Bet with your head, not irrational thinking. The martingale fallacy is another type of fallacy that comes the world of gambling.
It is when a bettor simply doubles their stake in the event of a loss, with the idea that the win will give them their money back. It sounds good — if you are infinitely wealthy — but this method can quickly bankrupt a bettor seeming as the amount being wagered soon balloons out of control.
This would be even harder to achieve in a greyhound race, given the fact there are six selections in most races. Other things to keep in mind is determining your own odds instead of relying on the bookmakers odds, then seeing if you have an edge over the bookmaker that way. It is worth understanding that success will not be a given right away.
Rather you have to really work hard at it in order to maximise your value over time. When it comes to betting online, there is no tried and tested way of making serious money — but with a little luck and a lot of effort, you can become better and better at it. Remember to only bet what you can afford to lose and never bet with emotion.
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Without using a program With NO handicapping whatsoever Without even knowing the first thing about dog racing or even going to a track, these geniuses figured out how to hit trifectas at one track in the country time after time. How did they do it?
They used a computer to "crunch" the results of thousands of races until it "told them" that the only factor that mattered at that track was "time". Nothing else had any effect on the outcome of the races. Of course, there was a secret formula you had to use to bet the dogs using time, which was where the Twenty-Three Twenty-Three One came in. I know I sure would. Except that if you think about it, there were a few problems with this method.
For one thing, who could bet every race on every program for a whole season? I couldn't. I know that things would happen and I'd miss some programs and screw up my profit. And then there's the fact that all of the "proof" of this method was in the past, like most handicapping methods' proof is. I've said it before and I'll say it again, just because something HAS happened doesn't mean that it WILL happen again or that it will happen consistently.
It's good to check out any system on paper, which will give you an indication of whether it's likely to pan out. The thing about these betting systems is that they cannot guarantee results without honestly explaining the worth of adequate research. For instance, several strategies for successful sport betting focus a lot on the odds assigned to the animals running the race. These odds, however, can be very flexible and may even be significantly altered in the hours or minutes before any race opens.
This means that the odds alone are not a reliable statistic from which to base any of the greyhound betting systems. This gives you plenty of wagering opportunities every day and lots of races to test your gambling skills. Some of the key factors to consider when finding a greyhound betting system that makes money are as follows:. Greyhound racing offers several types of wagers to a punter to choose from. The number of specific wagers and their types vary from one country to another and even from one racing track to another.
However, all wagers can be grouped into two main categories: straight and exotic bets. More experienced gamblers and professional handicappers employ a wide range of wagers, which includes several types of exotic wagers. The best way to approach greyhound racing betting is to first learn the top strategies for straight wagers and later progress to more complicated exotic wagers. Straight wagers are the easiest wagers to understand and make and that is why they are the most common wagers.
This wager is often made when punters are hesitant about making a win bet. They feel that they have more chances of winning if they choose the place bet. The punters who have a very low confidence in their betting skills usually go for this type of greyhound betting. The proceeds with the show wagers when they happen are usually very small. Because of that, if a selection is good for a show wager, it should be considered worth of a win or a place bet. This will be a winning wager when your selection wins, places, or shows.
If a selection comes first, across the board the bet will pay for all three win, place, and show bets. When a selection takes a second place, only a place and show wagers will collect. If a selection finishes third, then only a show wager will be paid off. It is irrespective of the order.