Greyhound Bet 2020: Odds & Strategies

Greyhound racing is wildly popular around the world, as the instant gratification that comes with these fast races on short tracks. And placing a greyhound bet is also a popular practice based on the fact that bettors are able to quickly get their wagers placed and settled due to how fast the events are and how many can be fit into a single day. In this guide to greyhound racing betting, learn more about the different types of greyhound wagers that players have at their disposal as well as some tips to give bettors as good a chance as possible to win when they bet on the races.

Everything you need to know about Greyhound Betting
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  • There are several possibilities for Greyhound Bets

  • There are several betting strategies you can use

  • Some top strategies are Betting moneyline, Point spread betting, and others

  • You need to make your Greyhound bets with proper Sportsbooks

How does a greyhound bet work?

A greyhound bet is often one of the most simple forms of betting in all of sports wagering, as bettors are tasked with determining the results of a greyhound race in some form or fashion. There are some variations to this that can take place, which we will get to later in this guide. But the main idea is that bettors will be tasked with determining what is going to happen as the greyhounds sprint down the track with the goal of winning their respective races in mind.

To place a greyhound bet is often simple, as long as a player is using a betting site that offers action on greyhounds. First, a player must login to the greyhound betting site of their choosing and make sure that their accounts are properly funded. Once that is done, a bettor can choose to look through the menu of different greyhound racing options that are available to them and select the ones that appeal to them. Once that is complete, bettors can choose their stake amount and finalize their wagers. While picking greyhound winners can be difficult, placing a bet on them is anything but difficult.

What kinds of greyhound bets can I make?

The variety of greyhound racing wagers that are available to bettors isn’t quite as impressive as the menu of options in other sports. This is largely due to the lack of live odds, as live odds tend to spice up any odds menu. That isn’t to say that there are no options to choose from, but the menu can certainly be less than some of the more mainstream sports and racing choices that bettors might have due to the live factor. Here is a list of the different betting markets that are typically available for the greyhounds.

  • SIngle bets
  • Multi bets
  • Exactas
  • Trifectas
  • System bets

A single bet is just that, a single wager on a dog to win one race. This is the most common from of greyhound race betting. Exactas, trifectas, and other forecast bets are ones where bettors are expected to determine the finishing position of multiple greyhounds correctly. An exacta asks a bettor to pick the top two greyhounds accurately, while a trifecta asks for the top three to be selected perfectly.

System bets are variations on multi bets, where bettors can choose a series of wagers and have them combined into a series of multi wagers for them. These include the Trixie bet, the Yankee bet and other variations of system wagers that can yield big payouts for players if they pan out. Another type of multi bet is a pick three or pick six wager, where bettors can pick a predetermined number of race winners, with the potential to earn big payouts if all of those winners were to come home for them. As you can see, there are very few limits when betting on greyhounds.

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Popular greyhound racing venues

Unlike horse betting  or other popular sports, many sports fans who follow the mainstream do not know a lot about the top dog racing venues and events around the world. Interestingly enough, it is England and Australia that tend to be the best in the world when it comes to greyhound racing action. Because of that, there are no shortage of tracks in those two countries that have attracted national pride, as fans of the sport flock to these two locations to take in what is surely some of the best greyhound racing that exists.

In England, Towcester is one of the gold standards for dog racing, as bettors can take on some of the action for this track that has only been around for a few years but has definitely made the most of that time. This venue plays host to the English Greyhound Derby, which is considered to be one of the biggest dog races in all of the world at this point in time.

The Meadows in Australia is another great place to watch a greyhound bet play out, as bettors can enjoy some consistently high level races in that venue. There are a whopping nine group one greyhound races emanating from this venue over the course of each year, with bettors having the ability to wager on each of them.

Things to remember when placing greyhound bets

There are plenty of things to consider for bettors who are attempting to lock in their dog racing wagers, no matter what venue the races are taking place at. The first thing to remember is that bettors are going to want to take a look at the track positioning of each dog before a race begins and before they place their bets. This is because different track positioning leads to different chances of coming out of the first turn without being impacted by other dogs, which can change the results of a race entirely.

Another thing that greyhound bettors should keep in mind is the fact that there are usually no shortage of weather related issues that bettors should be mindful of. Recent rains can soften up tracks and make it more difficult for some dogs to come out on top, while others might excel in the conditions. Understanding which of those categories different dogs fall into is very important, as bettors look to get themselves in a position to win each wager.

Finally, it is important to remember that there are plenty of chances to place greyhound bets and that bankroll management is important. Instead of betting too much on one of the results to take place, spreading out bets economically and responsibly is a play that can help a bettor on a long-term basis.

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Greyhound betting tips and strategies

When it comes to greyhound betting strategies, there might not be a better one than simply going based on which greyhounds have the best track positioning heading into a race. There isn’t a lot of ground that greyhounds have to cover during each race thanks to the short tracks that feature prominently in each of these events. Therefore, the advantage of a favorable spot on the track is invaluable and is often worth taking a long look at. Of course, the advantage could be baked into the betting odds for a race, which bettors should keep in mind as they bet.

Another strong betting strategy is to look at the previous results for each greyhound involved in a race. Form isn’t everything in greyhound racing or in sports betting in general, but the form of a dog going into a race is a good indicator of how they are doing in a recent time frame and can give bettors a good idea as to what they can expect when they look to back a greyhound in their next race.

Finally, and perhaps most importantly from a strategy standpoint, bettors should be careful not to get too exotic with their bets. While the menu of options like the pick six are appealing, where a bettor has to pick the winners of six races for a payout, it is worth remembering that it is hard to pick just one winner of a greyhound race, let alone six of them. Developing an understanding of what makes greyhound betting challenging is important and using strategies that are beneficial with smaller bets is often a better solution.

Find the best greyhound betting site for you

Greyhound race betting is plenty of fun, but it is even more fun when it is done somewhere that a bettor is happy with being a part of. You can find a bookmaker that you are happy to bet with when you use our sportsbook comparison tool to find the right wagering site for your specific needs. By comparing different sportsbooks based on a series of criteria, you can cut through the clutter and find the right place for you to bet on greyhounds or whatever else you are interested in. Don’t waste any more time on a sportsbook you don’t mesh with. Find the right site for you and get your bonus today.

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Conclusion:
An interesting race option

The greyhound bet is fascinating in that it makes bettors think about factors that go well beyond just which dog is the fastest. Bettors have to consider things like track positioning and surfaces to give themselves the best chance to win, even if racing seems simple on the surface. That dedication to accuracy down to the last facet of each race is what separates great greyhound handicappers from the rest and is what makes betting on the greyhounds fascinating regardless of skill level.
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