Interested in lay betting but not for greyhounds or you’re more looking for football lay systems.
Head over to my article on lay betting for the lay the draw strategy here.
But, if you’re new to betting on greyhounds, knowing what is the best greyhound trap strategy to use can be difficult. Whether you are a professional or semi-pro sports trader, laying bets can be an effective betting on greyhounds strategy.
If you’re unsure if laying greyhounds is a workable strategy for you, this article will help you to understand how laying greyhounds can be a great way of betting on greyhounds. And of course I’ll be answering the question of the best greyhound trap to lay and which greyhound trap strategy wins the most.
Through my years of sports trading I have seen many successful trading systems that allow you to lay bets using betting exchanges. This article will be covering the 5 best strategies for laying greyhounds. With these strategies you don’t need to sign up for a greyhound tipster, or look for tips for greyhound betting.
I’ll share with you tips from other experts in sports trading that will help you get the most out of dog betting. Including a strategy that doesn’t require you to spend hours looking at a greyhound form guide.
Table of Contents
How Does Laying Greyhounds Work?
With the introduction of sports betting exchanges, this has provided bettors with an opportunity to make back bets for winning picks or to lay bets for losing selections. When you lay a bet you are acting like an online bookmaker. Instead of backing a selection to win – you are laying it to lose
Unlike other sports, greyhound racing has a number of characteristics that are fixed. For example the number of dogs in any race is either 6 or 8 depending on the country. This only varies when there is a non runner.
In greyhound racing the betting market is often very tight, which means it’s rare for there to be a large spread of odds between the 6 (or 8) racing traps. In some races you can find as many as three favorites. If that happens I recommend you don’t place a lay bet on that race.
The Best Greyhound Laying Strategies
Here are the five best greyhound laying strategies you can start using today to make more winnings!
1 – Laying 3rd Favorites
A very simple strategy for laying favorites is by laying the 3rd favorite. This has been seen to work best in countries with 8 dog races.
The system is to pick the third favorites from the market about two minutes before the start of the race. This way, odds are lower, and so liability is less and likely to be more profitable.
2 – Lay the Favorites
Finding favorites is very important in making better greyhound lay bets. Both before and during live greyhound betting.
Due to the high number of races each day, this often results in low liquidity on Betting Exchanges. This means it’s not easy to identify the favorites by following the market on their platform alone.
You should refer to odds comparison sites as well as they will show detailed information about the likely favorites in the races. There are many comparison sites ready to help you to identify favorites and help you make better betting decisions.
Let’s assume we have a 6 dog race with three of the greyhound traps having close favorites with the shortest odds table.
|Trap 1||5.8 2.8|
|Trap 3||6.8 3.5|
|Trap 4||9.6 7.0|
|Trap 5||10.8 8.25|
|Trap 6||14.0 16.0|
From a glance at this type of market, laying the 2nd favorite looks a good prospect. In our example, simply by prioritizing all the favorites. You can see that Trap 1, 2, and 3 respectively are the first three.
Where the second favorite is the best greyhound trap to lay with 3.0 odds.
Should Trap 2 not win, and you wagered say 10 points, by laying the second favorite. Your bet wins. You win a potential 10 points from a 10 point stake.
With a race of 8 dogs this gives you an even better probability of winning your lay bet.
Additional tips for this strategy:
- Watch the odds at 2 minutes before the start
- Refresh the betting exchange site page for the final 60 seconds
- Make sure your initial research holds true; the pick is the greyhound trap which is 2nd in the betting market.
3 – Laying the Field
Laying the field is another laying greyhounds strategy. You need to be very expert at your research. And have a BIG betting bank and robust staking plan.
By laying the field, you decide how much you want to risk across all the runners in the trace. Then divide this stake equally to stake on each dog in the field.
Let’s say we lay the field of a 6 dog race for 60 points. Using the lay the field system, each dog will have a stake of 10 points as the lay bet. Remember they will all have various liability amounts in the event of the selection winning.
As you can see the total risk from a straight 60 point lay bet is 135. As long as either the first or second favorite wins, you’ll be in profit, less the exchange’s small commission. If trap 2 wins you’ll be slightly down because of the commission.
BUT – any other dog winning will wipe out all the stake and could potentially wipe your whole day’s trading. That’s why you need to be experienced and confident when using this strategy. Not recommended for the newbie or semi-pro enthusiastic punter.
4 – Watch The Points system
Use site: https://www.timeform.com/greyhound-racing, go to a Race meeting, open up the race card, refer to the columns marked Mstr and Sect. Look for the dog with the lowest points on both columns. This is the least likely dog to win and therefore the most likely dog on which to lay the bet.
A word of caution though is to keep an eye on the live betting just before the off, check the market movement before placing your trade. A word of caution, you will on many occasions be laying the dog that has the longest odds – whilst this reflects the least likely to win the race, it does mean the highest liability to you.
If all dogs in the race appear to be evenly rated with their points, it’s best to skip a lay trade on this race. You have other options depending on the race meeting, you could use a straight betting strategy based on greyhound form, or if it’s a qualifying race track, use The Two Trap Greyhound System, which you can get a copy of here.
5 – Reverse Engineering The Two Trap Greyhound System
If you own a copy of my book; The Two Trap Greyhound System. Or even if you don’t but have been paper trading for some, you’ll know favorites don’t always win.
Quite often non-favourites will win a race, and this can be with some quite long odds. I have seen races won with odds over and above 12.0. When laying that dog you could lose all your bank on your first trade. You have to cover the liability of 11 times the stake!
THE TWO TRAP GREYHOUND SYSTEM is based on the law of probability and a controlled recovery system, that when followed exactly as explained will identify which two traps have the HIGHEST probability of winning at the racetrack under review.
By simply reverse engineering the process you can identify which traps are least likely to win or what is the best greyhound trap to lay. Using the principles of the two trap greyhound system you look for the reverse results. To identify which trap is the worst performing.
This will give you the traps with the highest probability of NOT winning the race. It often won’t matter if the greyhound in the trap has been selected as a favorite.
Here’s a working example:
Let’s say the two trap greyhound system in reverse, as it were, had identified Trap 4 as the most probable trap to lose at. Your analysis indicates that Trap 4 loses about 42% of all races. 42% is still a big risk right?
So what more can we do to find the best greyhound trap to lay? How about we look at the time range? So let’s say we identify that for every dog that was drawn from Trap 4, that was running before 14.00hrs, there was a very high number of losers. This is actually true for some Traps at certain racecards.
In fact, if you can identify the right Trap and time window, it’s possible to identify traps with very low winners, some detailing as low as 4% of winners.
Think of that for a minute. 4% – that means that 96% of all greyhounds selected in the above example that were running before 14.00hrs lost their race! 96% !!
A word of caution here, don’t just go off and run this ‘lay’ system. Or any of the other systems for that matter. Not until you have paper traded for some time. If you don’t already have a copy of The Two Trap Greyhound System, go here and get your copy now.
Laying Greyhounds: Tips From The Pro’s
- Remain disciplined, set a target and stick to it. If you have set a win profit for the day of only £20, you could win this within the first few races. You might be tempted then to carry on trading. More often than not this is a big mistake. Stick to your target, stop for the day and start again another day.
- If there are not enough price movements, avoid trading.
- Do enough analysis and research before starting, better yet, practice by paper trading. Once you are comfortable, then start with low stakes to minimize liability and slowly grow your bank.
- Avoid chasing losses and trade only within your affordable means.
- Use software only when you have a strong betting bank.
- Watch the odds, it is no good laying dogs with greater odds, I look for odds of between 2.0 to 6.0 but sometimes up to 8.0. If a dog, you lay does win at least you have some control of what you have lost.
- When using the points system. You do not need to find a lay on every race. If the points are not good enough or the odds are not good then leave this race alone.
- Never bet or lay more than you can afford to lose.
Common Questions About Greyhound Betting
Which Trap Wins Most in Greyhound Racing?
Greyhound racing is a game of chance. The outcome of a race can be affected by many variables such as the skill and training of the dogs. Or the dog’s physical condition, the track surface and conditions, and many more.
So I’m sorry to have to say that it’s not possible to predict, with certainty which greyhound will win a particular race for every race track in the world. It is however possible to use the historical data at each track to determine the probability of each trap having a likelihood of winning the race.
What is the Best Way to Bet on Greyhounds?
You can bet on greyhound races in many different ways, and the best approach will depend on your goals and resources. And determining the best greyhound trap to lay will follow a few steps. Here are a tried and tested tips that may be useful:
- Research the dogs and their past performances. Look at factors such as their win-loss record, how they have performed on different tracks and surface types, and how they have fared in different post positions.
- Consider the track conditions. The condition of the track can significantly affect a greyhound’s performance. Look at factors such as the surface type, the weather, and the condition of the starting boxes.
- Don’t be afraid to spread your bets around. Instead of putting all your money on a single dog, consider placing bets on multiple dogs in a single race or across several races. This can help spread out your risk and increase your chances of winning.
- Set a budget and stick to it. It’s important to gamble responsibly and not to bet more than you can afford to lose. Decide on a budget in advance and stick to it.
- Learn about the different types of bets and choose the one that best fits your goals and risk tolerance. There are many different types of bets you can place on greyhound races, such as, lay bets, win bets, place bets, forecast bets and show bets.
How Often Do Favorite Greyhounds Win?
If I had the answer to this question I would be a millionaire many times over! The truth is that no one can definitively answer this question.
As with any type of betting or gambling, luck will always play a role in determining the outcome of each race. However, there are some factors which may give an edge to certain greyhounds over others when it comes to winning races.
These include the dog’s pedigree, being well trained and conditioned for the race ahead of time, as well as having experienced handlers who know where to properly position the dog in the order for maximum speed and efficiency.
And of course, not forgetting form. Statistically it’s been seen as an average across all tracks that favorites win around 30% of the time. Which if you’re using a lay strategy is great news!
Does Laying The Favorite Work?
Trading greyhounds is a very profitable venture due to the turbulent price reaction Greyhound racing is a very volatile market that can possess more than three favorites from just one event.
Therefore, laying favorites, in this case, is very welcoming, especially if the bet is on the third.
How Do You Always Win On Greyhounds?
Firstly, there is no 100% winning form when gambling, even top traders can attest to that. However, you can start using good risk management and strategy to make more wins and lesser losses. Good luck!
Can You Make Money Laying Greyhounds?
Don’t be fooled. Like any form of sports betting or trading, making regular winning bets is not easy. It takes knowledge and practice before you can turn it into a profitable venture. That’s one reason why we always recommend you paper trade a new system.
Laying greyhounds for a living is possible. But only when you trade with the right strategy and have good risk management.
Is Laying the Only Good Greyhound Betting Strategy?
There is no greyhound betting strategy that will work for everyone. You should use a strategy suited to your abilities and the amount of time you have available. Regardless of whether you are a casual bettor or a professional sports trader, strategic betting will add to your enjoyment. There are different ways to place bets that don’t rely on hours of studying form or having an in depth knowledge of all things greyhound related. Here’s how to start;
Pick a Track
Find a greyhound track that has frequent meetings. Some of the more popular greyhound tracks will have a day and evening card. Depending on your situation you may only be able to follow one of the two times. Pick a track where you can follow the meeting in case you intend to use a greyhound betting strategy that requires it.
Better still, if you can pick a popular track close to home, there’s a lot of fun to be had when actually going to a race meeting. Aside from the betting on the dogs, it’s a great afternoon or evening out. So much better than sitting in front of the telly.
Decide on Your Market
There’s different ways to analyse dog races. You can look at the track statistics for any predictable trends. How well local trainers do with their dogs. Greyhound pedigrees. How far the trainer/dog has traveled for a race. Although it’s rare that dogs travel unless it’s for major trophies.
Choose a Betting Strategy
There’s a few ways you can bet on greyhound races. Straight win, forecast, tricast, reverse forecasts. To name a few.
The Three Most Popular Betting Types
If you’re new to greyhound batting these are the three types of bets you will become most familiar with; Acca’s, Forecast and Straight.
An accumulator bet requires you to choose the winner from a series of different races. The way an accumulator works is by rolling up your winnings on to the next race automatically. You could bet on more than two races, or the entire racecard for the day’s greyhound racing. The more selections you make, the longer the odds and the more unlikely each outcome is, but the more winnings you may see if your selections are successful.
If you’re familiar with horse racing then forecast bets are not going to be new to you:
- Forecast – predict the winner and second place dogs in the right order.
- Tricast – predict first, second and third placed dogs in the right order.
- Reverse – Similar to Forecast and Tricast, but the selections can get placed in any order for a win.
The most popular type of bet, also known as a moneyline bet in the US. This is where you bet on the greyhound to win, or be placed each way, 1st or 2nd. As there are only between 6 to 8 greyhounds in a race, each way odds are very short – unless your dog happens to win.
Answer to What’s the Best Greyhound Trap to Lay?
When it comes to laying a trap, it’s really more a question of which dog is least likely to win the race. Now whilst my ebook; The Two Trap Greyhound System, identifies which traps are the most likely to result in a win. The opposite would be true when you’re looking to lay a dog.
A Simple Race Form Guide Hack
You can help improve your lay selections by using this simple form hack.
On some race form cards you will find a letter in brackets after the dog’s name. The letter R indicates that the dog runs best on the inside rail. The letter M indicates that the dog runs well on the center of the track. And a W means that the dog prefers the outer track.
In some form guides you’ll see comments from the tracks’ Racing Manager. These comments include how the dog performed in previous races. These comments can help you make informed decisions about future races.
Many of you reading this will already have past experience of how sporting events can play out. I have seen many races and matches not go the way the odds suggested. And it’s never been through my poor research or analysis.
Where animals and humans are involved, there’s always an unknown element. Even with the best trading models on earth, you can’t avoid occasional human or animal mistakes. For example, a defender doesn’t mean to foul a player in the penalty area, giving away a penalty.
Similarly a dog running faster than the dog in front can’t always avoid not tripping or stumbling. When this happens it can end your winning position. On another day there’d be no penalty awarded or the dog would have had a clear run.
To illustrate this, if there’s a clear favorite in a race of 6 dogs and its form letter is R, but its trap number is 4. Have a look at the dog in Traps 1 and 2, if they are short odds too and have the form of R, they have a really good chance of winning the race.
Using race form and having an idea on where a dog likes to run can give you an edge on how the greyhound is likely to perform. Another way, or even to compliment this analysis, is to reverse engineer my book: The Two Trap Greyhound System research.
If this article hasn’t inspired you to look into Greyhound Racing as another opportunity for betting. Or you want to discover more lay betting strategies, but in football. Head over to our article on how to lay a 0-0 draw. Just click here.
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