betting on greyhound racing

The Basics of Greyhound Trading Part 1

The basics of Greyhound Trading Part 1.

It’s easy for someone like me to forget that some of the people reading this have no idea about how to bet or trade on any sport let alone Greyhounds. So I thought it only fair to go back to basics. 

So, if anyone is left to follow this, let’s get going. One of the first things you should know about greyhound racing is that some countries have 6 dogs running in a race and some countries have 8 greyhounds running in a race.

greyhound tips



So, most greyhound bets are the same as other sports, you can trade to win or to a place. But there are other bets you don’t see on another sport, well maybe occasionally in horse racing where there are fewer runners.

 

So a winning trade, I think, is obvious – you place a trade on the dog (or the trap) you believe (or the tipster service or the strategy you are following) will win the race. An each way trade is where you place a trade on a greyhound (or trap) to come first or second, or third (in races with 8 runners) depending on the number of dogs for a ‘place’ (2nd or 3rd) you will receive a ¼ the odds against your stake for 5 – 7 dog races or a 1/5th for 8 dog races.

 

As well as ‘straight betting’ as above, you can also do forecast betting and reverse forecast betting, but I think I’ll save that for another day! 

betting on greyhound racing

What you will notice with the place and each way trades is that you are selecting one trap (or dog) to win or be placed. However, with The Two Trap Greyhound System, this is based on the fundamental premise that you select a probable (not possible) winner from two of the dogs in a field of 6 – 8 greyhounds.

By using this simple approach together with historical data and by following a disciplined staking and trading strategy you essentially double the probability of winning since you now have 1 in 3 chance of winning instead of a 1 in 6 (or 8) chance of success.

 

If you haven’t already invested in my The Two Trap Greyhound System book but would like to know more, simply click here and watch the video.