How to Guarantee Your Profits in a Greyhound Betting System

/in Sports Trading, Betting Expert, Greyhound Racing/by Peter

The title of this article is quite a bold statement. How to guarantee your profits in a greyhound betting system. Notice it says ‘guarantee a profit’, not win every race.

In any greyhound betting system, the most basic trades are known as back and lay.

Those of you reading this, expecting the silver bullet to win every greyhound race you wager on, should click away now. If there was a system that won every time, guaranteed, do you think it would be given away for free?

As you read this article and see which areas of this sport appeal to you most. And as you understand the benefit of using the different types of bet. You will be ready to use your new knowledge and have ideas for creating your own greyhound betting strategy.

Along with discipline and a reasonably sized betting bank. It is possible to make a steady profit over time.

Now, grab your favorite drink, sit back and read on.

If you’re already familiar with greyhound racing, please feel free to skip over the sections of this article that you already know. For those of you who are new and want to discover more about greyhound betting systems, keep reading.

First off, just looking at a race card and trying to figure out the winners of a greyhound race is not the way to profit. Just like any sports betting strategy the best greyhound betting systems will include different ways to bet on a race or series of races. Let’s start with setting yourself up for success.

Getting Started – Preparation

How To Prepare Correctly

If you’re going to be successful in any venture then it’s really important to have a good foundation. It’s just as true for greyhound betting. There are four cornerstones to your success in developing your own betting strategy.

Whether you are going to the track or betting online, it helps to be prepared. The four pillars for your success are; understanding how dogs run in a race, what traps they are drawn in, the weather at the track, and being a track guru.

Understanding The Dogs

The phrase horses for courses, is just as true for greyhound racing. Understanding how dogs run in a race and at a certain track is important. If a dog is fast out of the box, it’s likely best suited to sprint races. Maybe it’s slow to start but likes to come from behind. In which case it will do best in a stayers race.

Doing the research on the dog’s pedigree, previous performances, and the trainer it is stabled with, can help in analysing the runners in a race. Helping you identify likely winners and potential losers in a race.

To be successful in understanding greyhound racing and finding the right dogs. You are going to need to learn how to read form.

LEARN HOW TO READ FORM

Typically form guide cards are the same whether you’re at the track or checking the race card online.

It does take time to understand the form card. But with practice you’ll start to understand the different signals presented on them to help your selections.

I’ll run through a UK race form card with you here;

To illustrate let’s use a Swindon form card for the greyhound running out of Trap 3.

After the Trap number is the dog’s name.

In previous years, there used to be a letter in brackets. THis would indicate what part of the track a dog preferred to run; [R]ails,[M]iddle or [W]ide. But not any more!

Not that big a problem as you can check from the form in the ‘Remarks’ column how the dog ran in previous races. Here’s a summary of what each column signals;

Date – The date of the race

Track – Racetrack name, usually dogs will run at their ‘home’ track unless they are in the national competitions like the ‘Derby’

Dis – Distance of the race ran

Trp – Trap the dog ran from

Split – The time, in seconds, the dog ran from leaving the traps to crossing the starting line

Bends – the dogs position in the race at each bend; 1 to 6 or 1-8 depending on number of dags in the race (country specific)

Fin – where the dog finished

By – distance dog won by or was beaten by the winning greyhound

Win/Sec – name of the dog that came second (if this dog won) or the dog that won the race

Remarks – abbreviated summary of the performance; e.g. Mid = Middle, Chl = Challenged, RnIn = Run in

WnTm – winning race time

Gng – Track going allowance

Wght – the greyhounds weight before the off

SP – forecasted starting price of the dog

Grade – Grade of the race ran

CalTm – Race time of the dog, includes adjustment for the going allowance

In the above example T3 seems to be a good prospect to win the race, it’s been placed or won in its last 4 races on this track and distance. And Brosna Pet has been joint favourite in its last 2 races when finishing 2nd both times. You would have to see how it compares against other dogs in the same race. Did it win?

Yes it did, it was also a very short odds on favourite.

MBT Sports Pro Tip: Look For Value in The Lower Grades

UK greyhound races are graded A1 to A11. With A1 being the highest grade. The younger greyhounds will usually run in the lower grade races. By looking at these lower grades you could spot a future profitable dog.

In the lower grade races odds are often better value because of the outcome being less certain. It’s always worth following the lower grade greyhound races, which is where the younger dogs will be running.

Greyhounds are bred for a certain type of race. But when they are just starting out the dogs will be trialed over different distances. You should follow certain race tracks and keep a watch on the new dogs’ progress. Doing this will help you spot value and should be an integral part of your overall strategy.

Know The Trap

When you’ve identified a good prospect in a race you’ll need to check what Trap it’s running out of. If you have a copy of my book The Two Trap Greyhound System, you’ll know that some traps are more successful than others. This is especially true when you can identify certain race tracks.

It’s worth knowing the Track stats by distance as well as how often your selection has won out of that trap and over that distance. This is especially useful if you are placing large wagers. Have a read of the FAQ section in my article that covers traps in more detail here.

Weather Conditions

The weather can play a big part in the outcome of a race. This is especially true when the track is not an all weather surface. Just as dogs perform differently depending on the Trap draw. They can either win or lose depending on the weather conditions. When you’re checking a dog’s past form,check what the weather was like on the day it either won or lost.

If your selection has never won on a rainy day, probably best to avoid that race if it’s raining.

Become A Track Guru

This factor is as equally important as any of the other three. Especially when developing your own greyhound betting strategy.

Understanding the dog, the traps and how the weather impacts them is crucial. Understanding how a Track performs is just as important. You need to become an expert at a few tracks and only focus on race meetings at those tracks.

Obviously the tracks you choose should have a proven history of past winners, with some clear signals. In many countries dogs usually race at only one, or two local tracks. Getting to know the dogs, the successful trainers, and the track will help to identify possible trends or signals.

It’s best to choose busy and popular race tracks as they will have a lot of dogs and a good back history of data on which to do your research. All of this research will take some time. But when you start to see the fruits of your research with more successful winning dogs I’m sure you realise the benefit.

Before I get into how to create your strategy, let’s take a look at some of the background into the sport of greyhound racing.

Greyhound Racing: background

Greyhound racing was at its peak over 70 years ago. Back in the 1950s there were more than 100 greyhound stadiums in the UK.

Fast forward to today and there are only 19 official race tracks left in the UK.

The sport has been saved ironically by the internet and the popularity of online gambling. Greyhound betting makes up 20% of bookmakers annual income.

About The Races

As mentioned earlier, every greyhound is registered to a ‘home’ track and the greyhound races between home dogs. In the UK races are graded from A1 (the highest) to A11. In Australia by letters A, B, C, D, J and M (for Maiden), and in the USA it’s A, B, C, D, E and M (for Maiden).

As a dog progresses up the order the races become more competitive with more ‘equally matched dogs; – well in theory anyway. Dogs will move up or down the graded races depending on form.

Each country’s greyhound association will stipulate race distances, some are the same. But it’s worth getting to know what these distances are and what distances are most used at the race tracks you’re following.

Greyhound Traps

I’ll cover the 3 major greyhound countries, UK, Australia and USA.

In the UK, six dogs per race is the maximum permitted number of runners. Each trap has its own colour scheme, which is reflected in the jacket each greyhound wears. This makes it easier for you to spot your dog by its jacket colour.

Trap 1 – Red jacket, white number 1
Trap 2 – Blue jacket, white number 2
Trap 3 – White jacket, black number 3
Trap 4 – Black jacket, white number 4
Trap 5 – Yellow jacket, black number 5
Trap 6 – Black and white striped jacket, red number 6

In the USA, eight dogs per race is the maximum permitted

Trap 1 – Red jacket, white number 1
Trap 2 – Blue jacket, white number 2
Trap 3 – White jacket, black number 3
Trap 4 – Green jacket, white number 4
Trap 5 – Black jacket, red number 5
Trap 6 – Yellow jacket, black number 6
Trap 7 – Green/White striped jacket, black number 7
Trap 8 – Black jacket, white number 8

In Australia, eight dogs per race is the maximum permitted

Trap 1 – Red jacket, white number 1
Trap 2 – Black and white striped jacket, red number 2
Trap 3 – White jacket, black number 3
Trap 4 – Blue jacket, white number 4
Trap 5 – Yellow jacket, black number 5
Trap 6 – Green jacket, red number 6
Trap 7 – Black jacket, yellow number 7
Trap 8 – Pink jacket, black number 8

A bit of a pity they couldn’t agree to keep 1 through 6 the same and change 7 and 8!

Types of Betting Markets for Greyhound Betting

I have written a number of articles on the various betting systems for greyhound racing. You can check out ‘5 Greyhound Betting Systems That Win’ and ‘Betting on Greyhounds – A Beginners Guide’ for more. I’ve included an overview below for reference.

In greyhound betting, there are four main markets:

Straight bets
Forecast bets
Accumulators
Prop bets

In my experience, the best greyhound betting strategies use a mix of all types of bet. Let’s cover each one and see how they work.

Straight Bets

Straight bets are simple win or place bets. You wager on an outright winner or you’re betting each way.

Forecast Bets

Those of you familiar with horse racing will likely know these types of markets:

Forecast – pick the winner and second place dogs in the correct order.
Tricast – pick the first, second and third placed dogs in the correct order.
Reverse – Similar to Forecast and Tricast, but the dogs you select can place in any order for you to win.
Exacta and Trifecta – these are Tote-only versions of Forecast and Tricast bets which have a minimum stake and winnings defined by the number of winning tickets and the Tote pool dividend. You’ll usually have to be at the actual race track to place these wagers.

Accas

Unless you are completely new to sports betting or trading you will be familiar with accumulator bets. The odds can be very high with an acca bet, this reflects the level of chance versus probability of success. As every prediction on your ticket must be correct, or your bet loses.

MBT Sports Pro Tip: Acca Strategy

A good acca strategy is to pick performing teams/dogs/horses that are generally low odds favorites or joint favourites and place them in an Accumulator bet of 3 to 6 selections. Placing low-stakes accumulator bets should always be a part of your betting strategy.

Matched Betting

Matched betting comes in various forms. Back and Lay, hedging, arbitrage, or the most popularly known variation is matched betting.

All three will guarantee a lock in profit. All three require a lot of extra time and effort to trade in.

Back and Lay

Simply done by covering every bet you place with your bookie by ‘laying’ it through a betting exchange. When done well, back and lay can almost completely eliminate potential gambling losses. It does require a lot of time and effort.

Here’s a simple explanation of how backing and laying works.

About 5 minutes before the race, let’s say you picked a greyhound running in Trap 6. In this case, a “back” would be betting on Trap 6 to win. A “lay” bet would be betting on the opposite – i.e. Trap 6 not finishing in 1st place.

Obviously you can’t just back and lay straight off. You need to find a variation between the back and lay odds, also known as a spread. The spread is where you get the guaranteed profit. Back and lay is only effective in the run up to the start of a greyhound race, just before the off.

Greyhound races finish generally inside a minute, so there’s very little in-running time to lock in a trade. You do need to watch out for the odds and how they move through the build up of a race. If lots of others bet on Trap 6 the odds will shorten (go down). If not then the odds go long (move up). You need to be able to catch the odds that are profitable to you.

Here’s a recent example;

Hedging for Guaranteed Profit?

No doubt you’re familiar with the phrase ‘hedging your bets’.

Hedging protects you from losses and locking in a guaranteed profit. This is definitely more of a sports trading strategy since you’re locking in lower guaranteed profits as you are covering yourself against a loss. For example, rather than double your stake with a straight bet by using a hedging strategy you may guarantee say just an extra 50% return or half point guaranteed profit.

There are variations on hedging. Maybe betting on say the favourite to place but then the second favourite to show. In greyhound racing this is very doable. You do have to be right on top of your trading game for this to work. If the odds move too quickly against you, you won’t lock in that guaranteed profit.

Arbitrage

Arbitrage is similar to hedging your bets but it is done in a way that it guarantees you a profit regardless of outcome. This can be done through a betting exchange. This is because you can bet on how the odds are moving as well as how the odds are positioned. If you’re new to betting exchanges you should be very cautious when starting, best to paper trade or virtual trade until you’re comfortable with your new trading abilities.

Matched Betting – Free Bets

Matched betting is very popular, mainly because it makes use of bookmaker special offers so that you can create free bets, lay the pick on an exchange and profit regardless of the result. This subject would make a whole other article. For now, just know it’s a great way to support your sports betting strategies.

Build Your Own Greyhound Betting Strategy

YOUR STRATEGY

I hope this article has helped you get familiar with greyhound betting and that you’re ready to create your own strategy.

As I said earlier, your strategy should have a number of systems or markets within the core system. Will you look to back and lay, straight bets or arbitrage? Whatever you decide you will need a good understanding of how the races work, the form of the greyhounds, and other important factors which can affect the outcome of a race.

Taking a more professional and disciplined approach to your sports betting and trading will inevitably make you more successful and profitable. The more you learn about greyhound racing, the tracks, the form etc and identify a couple of tracks you have a better understanding of will help with your success.

Once you’ve found the area of greyhound racing that appeals most to you, you can build your greyhound betting strategy around those criteria and signals.

Finding the Value Bet

Over time as you become more experienced you’ll be able to calculate your own odds and compare those against the bookmaker odds. A value bet is where you have identified an opportunity where your analysis suggests that the online bookmakers have got their odds wrong.

Creating and keeping up to date records of your bets, signals that worked, those that didn’t, and making key notes of that, will help you understand more. It takes time to become efficient and consistent with your winning bets.

Always remember to only bet what you can afford to lose and never bet with emotion. Keep calm, be disciplined and professional and you will achieve success over time.

Recovery strategy

It has to be said that there are two main schools of thought around stake recovery plans. This is a very divisive subject, much like climate change or the world being flat!

After many years of trading in my experience I much prefer to have an opportunity to recover my lost stake on a future wager, rather than think I have lost my stake forever.

Don’t misunderstand me; there are some really bad recovery systems and if you follow them you are almost certain to lose your shirt. The martingale system being one of those.

The martingale system is simply where you double your stake in the event of a loss. This relies on you having a big enough betting bank or you are infinitely wealthy. If you have a poor strategy, or worse still, no betting strategy you are certain to lose everything and real fast. So DON’T do it.

Just to illustrate. If you had a 100 point betting bank and you placed 5 points to win, but lost the first event. And you used the martingale system to recover. You only need a losing streak of 4 bets to run out of stake money!

Another bad system is The Monte Carlo system. Basically this is where you bet against an event simply because you believe the winning run has to come to an end. This really is gambling and chance. It’s not based on any proven system.

A really good example is in football; The Premier League season of 2003/4, a lot of punters (amateur gamblers) lost a fortune betting against Arsenal. They won the Premier League without losing a single game. 26 wins and 12 draws.

Imagine the temptation to bet against Arsenal, especially during the silly season of Christmas. Had you tried, you would most certainly have been the worst for it.

So I don’t believe in not having a recovery strategy, nor do I believe in a ‘all in’ recovery approach either. I prefer to use a stake recovery system but with an unemotional stop loss which I set before I start trading for the day.

Stay Away From Fun Bets

Another word of warning. Avoid bookmakers’ special bets. You know the ones; the Premier League Special acca at 200/1 for example. When you look at the detail you can easily be seduced into thinking the outcomes are realistic.

But ask yourself ; in 5 matches do you really see both teams getting over 1 corner in each half and both teams to score in each half? If you’re tempted, just look at that offer again.

Over 1 corner each team in each half. That’s 2 corners each team each half. 10 teams. There is a tendency for teams to start slow in the first half. Statistics show there are more corners in the second half in the majority of matches.

Then add to this all 10 teams to score a goal in each half. If you really think this is worth a punt, check out the statistics for the number of matches that are 0-0, 1-0, 0-1 at half time. I’ll save you the search; it’s 75%.

Fortunately there are few fun bets for greyhound racing.

FAQ’s for Greyhound Racing Systems

What is the best way to bet on greyhounds

There are many different ways you can bet on greyhound races, and the best approach will depend on your goals and resources. I have covered this in detail in my article on ‘What’s the Best Greyhound Trap to Lay’. That article explains:

Research the dogs and their past performances.
Track conditions.
Spread your bets around.
Set a budget.
Learn different types of bets.

How do you win big on greyhounds

There are many ways you can win big on greyhounds. My article on 5 Betting Greyhound Systems That Win can be found by following this link.

How often do greyhound favorites win

As with any type of betting or gambling, luck will always play a role in determining the outcome of a race. However, there are some factors which may give you an edge to certain greyhounds over others when it comes to winning races.

Such things as the dog’s pedigree, being well trained and conditioned for the race ahead of time. Also having experienced handlers who know where to properly position the dog in the Trap in the order for maximum speed and efficiency.

And of course form. Statistically it’s been seen as an average across all tracks that favorites win around 30% of the time. Which means they lose 70% of the time! if you’re using a lay strategy that’s great news!

What is the most profitable greyhound betting system

I think I’ve answered this question in the main body of this article. Your own strategy which should include a variety of betting types as well as a disciplined staking plan will in time show you profit.

What is The Two Trap Greyhound System

Having gone over in detail all the information you need to build out your very own greyhound betting strategy. I am here to tell you there is a way to profit from greyhounds without having to study form, focus on one or two race tracks, follow trainers and analyse all the data.

You can learn about the system in my book; The Two Trap Greyhound System. Get your copy here.

CONCLUSION: IT’S TIME TO OPEN THE TRAP!

I hope this article has inspired you to look into creating your own Greyhound Racing strategy.

As you can see, there’s plenty of different ways you can go about developing your own system. The best greyhound betting strategy will use different bet types. So having decided on your bankroll for the day or event, you should set your staking plan and for your different types of greyhound wagers.

You might decide to have straight or place winners. Or mix it up with some accas and forecast bets. And if you’re going to use matched or arbitrage betting systems, then this is more sophisticated.

If you’ve enjoyed this article and you aren’t already subscribed. Join our newsletter here and get our free book; ‘Evergreen Sports Betting Strategies You Can Start Today’. And if you want exclusive sports tips, systems and strategies that we only share with members then head over to mbt-sports.com.

Good luck in your sports trading and remember: ‘Stop Gambling and Start Trading! Click here if you want to learn more about a greyhound betting system that truly works.

This article is also published on Medium.

Betting on Greyhounds – A Beginners Guide

/in Sports Trading, Article Tips, Betting Expert, Greyhound Racing/by Peter

In this article, betting on greyhounds: A beginners guide, I am going to take you through the most popular greyhound bets that will help you get familiar with how to bet on greyhounds. Just to let you know from the start, there’s no sure way to win at greyhound betting. However, this greyhound bets explained guide will go some way to making you more knowledgeable on the sport.

I prefer the greyhound racing because there’s less room for variance – there’s so many more constants than in horse racing.

I’m probably not alone in this, but for me I much prefer betting on the dogs more than I do betting on horses! In fact, since becoming a more professional sports better, I rarely bother with horse racing.

I prefer greyhound racing because there’s more consistent factors than in horse racing. For example, there can only be 6 or 8 dogs in any given race depending on the country (UK and IRE is 6). Most tracks are all weather and so rarely impacted by the climate.

I also think it’s more exciting to watch. Why, because the races are fast and furious. It takes about a minute for most races to finish.

I first got into betting on greyhound racing about 30 years ago. Back then I was a real amateur, I’d just try to figure out a reverse forecast in the next dog’s race. There was no system behind it, I just looked up the fastest two dogs and wrote their trap’s in a reverse forecast onto my slip. No internet in those days.

Truth be told, I lost more than I won, but I did enjoy the speed of the race and that you’d know the result really quickly. Another big advantage was that you still had time to get on the next race if you wanted to do that.

Online bookmakers today offer very similar bets to those you can still get in the traditional bookies on high street. Except now it’s from the comfort of your own home or on your computer or smartphone.

In my book; THE TWO TRAP GREYHOUND SYSTEM although we don’t use other forms of betting on greyhounds. I have been asked by readers to give some background to the types of bets that can be had.

When you’ve read through this article you should be familiar with how does greyhound racing betting work. Now read on.

Types of Greyhound Racing Bets

Many of the terms used for Greyhound Betting types are common to many other sports and betting markets too. Some of these you will already be familiar with. Unless you are a complete beginner to sports trading or betting. So let’s explain what are the bets at greyhound racing.

Ante Post

Ante post is simply placing a wager on the trap or dog well before the start of the race. This can be days or even months, in the case of big races, before the main event.

In greyhound racing the most popular ante post bets are for the Derby events. The English or Irish Greyhound Derby events for example. These competitions have a number of qualifying rounds so it’s possible to get long odds on greyhounds even those that are favourite to win outright.

The Single or Win Bet

There’s not much to say about this type of bet. The win bet is the easiest bet to describe. This is a straight forward bet; you choose the dog you want to win the race outright (coming in first place).

Place or Each Way Bet

If you were wondering can you bet each-way on greyhounds, here’s the answer.

An each-way bet is the second most popular bet on both greyhounds and horse racing.

Not sure if your chosen dog is good enough to win? Then bet each way, it’s simply two bets on the same dog. Half of your total stake is bet on the dog to win and half on it to be placed in a qualifying position.

If your selection wins, you win on both the win and place parts of the bet. The place part of the bet is paid out at a fraction of the win odds and will be shown in the betting slip.

Each-way betting can be a very useful strategy when selecting long odds (or outsiders) in a race.

Many of you may already use the two trap greyhound system and will have seen that quite often the winning dogs have longer odds, some as high as 9.0 or more!

Long odds winners in greyhound racing happen quite a lot. These long odds work especially well when you are trading as a stake percentage of your bank, as opposed to a percentage increase of your bank.

MBT Sports Pro Tip:

Betting on greyhounds: Never miss out on the best odds: many online bookmakers now offer “best price” or “best odds guaranteed”, this means that if the starting price is better than the odds that you placed your bet on, they will match the higher price. It is worth comparing the early prices for different bookies as value can sometimes be found there.

Forecast Betting

There’s quite a few types of forecast betting.

Dual forecast and Tricast betting

Involves selecting dogs to finish 1st and 2nd or 1st, 2nd and 3rd in the correct order respectively. As you’d expect. the odds for this are higher – since the probability of you predicting the right dogs to finish in the right order is very low! It is that much harder to predict.

Straight Forecast

Involves picking the 1st and 2nd dog, they must be in the correct order to win.

Exacta

There’s usually a minimum stake to bet for an Exacta; it’s the same bet as the straight forecast but the return varies as it’s based on the ‘ Tote’ dividend.

Trifecta

Similar to Exacta but you have to name the first three in the race and again in the correct order. This really is gambling in my opinion. It’s really hard to predict the first 3 in any race, and the returns for this bet are very high to reflect this.

Reverse Forecasts & Tricasts

Reverse forecasts and reverse tricast bets let you choose the dogs in the same way as forecast and tricast betting but the dogs can finish in any order as long as they are in the first two (for a forecast) or three (tricast). The returns are lower as you have more options to win.

Acca’s or Multi Bets

If you like the chance of a low stake with a potential high return then an acca or multi bet is the system that will do this for you. Simply put, you select the greyhound or trap that you feel has the best chance of winning the race. You select a number of dogs and place them together in a single acca.

A multi bet starts with a double, which is the first two selections, adding a third dog to make a treble. Then a fourth to a four-fold, five-fold and so on. Most bookmakers allow you to go to around fourteen or fifteen selections in a preformatted online slip. But you can add as many as you want in principle.

The outcome if successful can take a simple 1 point bet and make you thousands. But as the likelihood of this happening is very small, the bookies will tempt you with long odds. I really wouldn’t recommend this as a strategy.

Remember whether you are new to sports betting or new to greyhound betting and you plan to use these strategies, start by paper trading. Paper trade first until you are confident enough to start real betting. And start with small stakes.

2 More Questions On Betting on Greyhounds

How do you win big on greyhounds

There are many ways you can win big on greyhounds. My article on 5 of the best greyhound betting systems can be found by following this link.

Which box wins the most in greyhounds

This is a big question! To be honest it’s probably an incomplete question really, or at least it should be asked in context. You probably should ask; what number wins most at a greyhound racetrack? Why this question?

For clarity what we mean by number we can refer to as the Trap or Box number. In the UK there are only 6 traps, numbered 1 to 6. In the US and Australia it’s typically 8 boxes, numbered 1 to 8.

Being able to identify which trap wins most often at a greyhound track is at the core of my system; The Two Trap Greyhound System. But you don’t have to invest in my book to take advantage of knowing the importance of trap, or box, draws.

Typically, the trap draw will influence how a greyhound will run in any given race. You can make a huge difference to how often you successfully win your greyhound bets. If you understand how each trap, or box, can affect a greyhound, and which greyhounds perform at their best depending on the trap number they are drawn in.

I’ll give you an overview of the 8 box set up below. This is useful for Australia and the US. If you’re betting on UK and Irish race tracks where there are 6 Traps, this analysis is still valid, just reframe the middle 4 boxes.

It’s fair to say that, in general, Trap 1 will throw up more winners than any other trap. But that’s not helping if you want to increase the probability of you picking more winners at a particular racetrack.

You can read more on this research by going here.

Summary of Greyhound Betting

Many of you will have noticed that these systems on how to bet on greyhounds are the same as for horse racing and in some cases, like acca’s, can be used in all types of sports. And if you want to learn how to place lay bets on greyhound racing you may find this article of some interest too.

If you want exclusive sports tips, systems and strategies that we only share with members then head over to mbt-sports.com.

Betting on Greyhounds, Is It Worth It?

Unashamed Plug.

If you haven’t already got your copy of The Two Trap Greyhound System, click below.

What’s the #1 best greyhound trap to lay?

/in Sports Trading, Article Tips, Betting Expert, Greyhound Racing/by Peter

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.

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.

Example

Let’s assume we have a 6 dog race with three of the greyhound traps having close favorites with the shortest odds table.

Dog Station	Odds
Trap 1	5.8 2.8
Trap 2	3.0
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.

Example

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.

Acca’s

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.

Forecast

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.

Straight

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.

Good luck in your sports trading and remember: ‘Stop Gambling and Start Trading! 😊
Click here to know more betting systems that work.

This is a proven system guaranteed to give you consistent wins in each race. With this system, you can stop betting and start trading right away! Go here to learn the profitable greyhound system to use.

5 Greyhound Betting Systems That Win

/in Betting Mathematics, Betting Expert, Greyhound Racing, Sports Trading/by Peter

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Since publishing my ebook: The Two Trap Greyhound System, currently in its 5th edition. The question; how to win betting on greyhounds has been asked many times.

It’s my experience that Greyhound racing is overlooked by many bettors mainly because they don’t understand the sport. Or, maybe they have dabbled in the past and have lost their money. If you’re not sure about betting on greyhounds or you are a beginner, go and read my article on betting on greyhounds – a beginners guide.

Once you have read this article, you will have a better understanding of greyhound systems available to you. There are a number of ways you can win your greyhound bets. Like any sports betting strategy, it takes more than luck to win when betting on greyhounds.

In this article, we’ll discuss some of the best greyhound betting systems that will help you make money while having fun along the way. We’ll look at a variety of systems, from basic strategies to advanced ones, that require a deeper understanding of the sport.

I will be sharing with you 5 greyhound betting systems that win. Using these 5 greyhound systems, you can increase your chances of success Remember to use a good staking plan, bet wisely and be disciplined.

System Number 1, Exchange Scalping.

It’s not easy to come up with a good profitable greyhound selection strategy if you rely only on backing just one greyhound in any one race. However, the concept behind greyhound betting is simple if you are following a proven strategy. Racing is frenetic, and the slightest bump or trip can change the race.

Backing more than one greyhound in a race increases your probability of winning. Depending on the country, there can never be more dogs running in a race than there are traps. In the UK, that’s a maximum of six dogs per race.

This simple strategy uses the lack of liquidity on betting exchanges to help improve your profits.

Here’s how:

Follow live race prices on a regular online bookmaker.
Wait for the live prices to appear and make note of the three longest odds dogs
Then go to your betting exchange site and back the 3 outsiders to win
Carry this on until you win, then stop at a win!

For you reading this, this system probably sounds counterintuitive. But, historically statistics show that favorites win around 30% of the time. Which if you’re using this kind of strategy is good news.

MBT Sports Pro Tip:

If you want the return to be the same whichever outsider wins, use a dutching calculator to adjust the stake to ensure the same profit.

System number 2, Outsiders Exchange

Here’s a twist on system number 1, but it does need patience and some research.

Follow a race meet and if you can find a track where early races are won by dogs at odds of greater than 4 then you could back the 3 outsiders on the betting exchanges, where odds are usually better.

Here’s how.

Check the results for a venue that has already run 2 or 3 races.

If you see an outsider or two winning in these early races, check the same venue again once the racing has finished seeing if the strategy would have won.

If you want to test this idea out historically, go to the results pages and choose some days at random to see if the venue has consistent long odds winners.

You will find that at some venues the front three favourites in the market tend to dominate throughout. So look for the race track that is the reverse of that.

System number 3, Arbitrage

Back and Lay arbitrage, when done correctly, removes the risk associated with traditional betting. When using a sports bet exchange back and lay arbitrage, all you need to do is spot an opportunity where the back odds and lay odds pricing move in your favor and then place your bets accordingly. By doing this, you can lock in a guaranteed profit.

There’s many articles on how to do this, just search arbitrage betting for more details.

MBT Sports Pro Tip:

Always make sure there is sufficient liquidity in the exchange market to cover your arbitrage bet.

System number 4, Lay it – To win it

You’ll need a betting exchange account for this one.

First of all go to the site’s greyhound form page for the next race.

Then remove any Trap number that is mentioned winning either at the race track, the distance or the grade of race.

Whatever is left lay the Trap with the lowest odds.

Always lay on odds below 4.0. You only need a hit rate of 75% to profit using this system.

To learn more about lay betting on greyhounds go and read my article on the best greyhound traps to lay

System number 5. The Two Trap Greyhound System

I couldn’t do a article about greyhound betting systems that win, if I didn’t include my own ebook and training videos called; The Two Trap Greyhound System.

The Two Trap Greyhound System offers you the opportunity to see regular profits from backing greyhounds, and historically has thrown up the occasional long odds winners.

You can invest in the book but ideally, by subscribing as a member of MBT Sports, you’ll get access to the training, the MBT Sports calculator and access to the research done for you greyhound racing alert service.

As well as the greyhound system, you’ll also gain access to other sports betting strategies including football, horse racing, tennis and golf.

Click on the link here to discover more:

Frequently Asked Questions On How to Win Betting on Greyhounds

Is Greyhound Betting Worth IT?

I have been asked this question many times, and in my opinion the answer is yes. Whilst greyhound betting won’t necessarily make you rich, it will add to your sports trading arsenal. Greyhound betting is much more exposed to liquidy in the market, especially if you’re lay trading. To get a more detailed answer on this question head over to my article; Greyhound Betting: Is It Worth It?

What Number Wins Most in Greyhounds?

For clarity what we mean by number we can refer to as the Trap or Box number. In the UK there are only 6 traps, numbered 1 to 6. In the US and Australia it’s typically 8 boxes, numbered 1 to 8.

BOX 1

A greyhound that prefers the rails and has good form and is a fast starter has a great chance of winning the race. You can check for this information on the form card and race reviews. A big advantage of Box 1 is it’s the inside Trap. So the Trap 1 dog does not have to jostle with any other greyhounds on the inside. If the greyhound gets a good start and has first access to the rails running into the first corner, the dog has a good opportunity to leave the pack behind.

In Trap 1 the dog also misses any interference that could come from bunching just after the start when dogs in the outer boxes, who are ‘railers’, try to head across to the inside or ‘wide runners’ try to veer out.

When you’ve watched a lot of races, as I have, you’ll see that in many races the leading two or three dogs will move off the track when they hit the first turn. This leaves space for the Box 1 dog to run on in the rails.

MBT Sports Pro Tip:

When checking the form of a dog drawn in Trap 1, look for these points:

Is it a good starter?
Is it a confirmed ‘railer’?
Has it won previously from Box 1?
Has it got early speed and do you think, based on the other runners, it can lead to the first turn?
Has it won over the distance of the race in a similar class event before?

If your analysis shows the answer to all these five questions is YES then the probability of a winning bet is very good.

Trap 1 can also be suited to greyhounds that prefer the outside or wider rails. This is because if they are quick starters they can pull away from the pack and still head to their preferred run.

If your analysis of a race concludes Trap 1 is your dog, and this is confirmed by the bookmaker odds making the Box 1 greyhound the favorite. Even better.

BOX 2

This is similar to Trap 1. A good starter in Box 2 should have a near equal chance to get to the first turn if it has the pace and can shoot out the box from the start. However, as it’s in Box 2, it does have that one rails dog on its inside.So it might be squeezed soon after the start.

BOX 3

Statistically the middle boxes don’t throw out so many winners. Railers or wide numbers perform much better across almost all race tracks. The only time that middle boxes have a fair chance is when the race is longer and the greyhounds form suggests they are better suited to the middle, the distance and have won from there in the past.

BOX 4

You probably think Trap 4 would be like Box 3? But surprisingly at most tracks it isn’t.

If you have a fast starter in Trap 4 then you are well in with a good chance of avoiding trouble. Oftentimes the middle dogs get space to settle down cleanly because of the jostling that occurs with the dogs on the inside or outside.

Obviously don’t take chances with Trap 4 greyhounds, back only good starters in Box 4. Slow start dogs will often find their path blocked by faster dogs or get caught up in the jostling as the dogs look for the favorite place on the track.

BOX 5 & 6 (of 8) or Trap 5 (of 6)

I regard 5 and 6 as the worst in an 8-dog event, similarly Trap 5 in a 6-dog race. Statistically this is proven right. Dogs starting from these boxes need a lot more going for them than the other runners.

They are subject to all sorts of challenges. Once again, they will have to be really fast starters if they are to overcome the natural disadvantages. If you fancy a greyhound running in these boxes make sure you have carefully examined the form and the racing tendencies of all the other dogs. That way you’ll have a good idea if they are capable of winning despite the handicap of the bad box.

MBT Sports Pro Tip:

You may find that favorites drawn in these unfancied boxes are a good prospect for a lay the favorite trade. So many top class greyhounds are beaten when starting from these middle boxes. There are so many things that can happen to upset their chances that you have the percentages stacked in your favor when laying. Especially where the odds are very short and therefore your lay liability is low.

BOX 7 in a 8-dog

This is a good box if your dog can break fast and prefers to run wide.

It’s a terrible box for slow starters, unless it’s a long distance race and the dog is more suited to the longer distance. Be careful though as a slow start can mean the dog may not see the hare and so loses motivation to chase.

BOX 8 in a 8-dog and Trap 6 in a 6-dog

The very outside trap, or box, is the 3rd best box in greyhound racing, the best 2 being Nos. 1 and 2. From the very outside, a dog can avoid the squeezes and jostling. This is especially true if it’s a fast starter and can find its preferred run to the first turn.

Wide runners are naturally suited to the outside Trap. Their tendency to stay wide will keep them clear of the other dogs. And when they make the first turn they tend to take a path wide out, thus missing any trouble.

Even a dog that is a good ‘railer’, and is a fast starter can often win the race from the outside Trap. Remember this when looking at favorites in Trap 1 and 2.

How Often Do Greyhound Favourites Win?

As part of my research for my system; The Two Trap Greyhound System, available as an ebook. As well as my ongoing research for the service; Research Done For You, inside our MBT Sports members area, historical statistics help to answer this question.

In an involving sport, chance always plays a part in the outcome. Nevertheless, there are some elements that give greyhounds an advantage over other sports, allowing them to win more frequently than others.

And of course, not forgetting form. Statistically though it’s been seen that, 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! But not so good if you prefer to back your selections.

If you use the MBT Sports Pro Tips in the previous answers above, you can certainly give your selections an edge and maybe improve on your own favorite win ratio, well above 30%.

How Do You Bet on Greyhound Racing?

This may seem obvious but, the best way to bet on greyhounds is to know what you are doing. Although betting on greyhound racing seems simple, there are a few things you have to be aware of before you start to bet on dog races and expect to win.

I am not covering staking plans here, that’s for another time. Here I just look to answer the question; how do you bet on greyhound racing? By the how, I don’t mean the actual physical act of placing a bet, but more the different ways in which you can place bets or trades on greyhound races.

Here goes.

The different types of bets;

The types of bets in Greyhound Racing are very similar to those you will find in horse racing, here are the most common bet types in dog racing:

Win Bet – This is the simplest of all bets: you are backing the greyhound to win the race. Based on your analysis of the form of the dogs in the race. Your bet is going to win only if the dog you backed wins the race.
Place – A place bet is won when the dog wins, finishes second in the race.
Show – The selected greyhound must finish 1st, 2nd, or 3rd for this type of bet to win.
Each Way – Any bettor should know this, but just in case you are completely new to betting. Each way is a combined bet: half of the stake goes on the dog to win, and the other half goes on your selection to place, meaning that he should finish in the top 2. This may vary depending on the number of runners and the bookmaker’s rules. This type of bet is usually used on underdogs and not favorites. Underdogs have longer odds, but coming second as an each way with long odds can prove more profitable than backing a low price favorite.
Straight Forecast / Exacta – This bet requires you to pick the top two greyhounds to finish 1st and 2nd in the exact finishing order. It is a risky bet that comes with long odds.
Reverse Forecast – This bet allows you to win if you pick the top two dogs in either order. Your stake is halved as it is split across two straight forecast bets: half stake on each of the two likely outcomes.
Tricast / Trifecta – This bet is similar to the Straight Forecast, but this bet means you have to predict the finishing order of the first 3 greyhounds in the exact order.
Combination Tricast – Similar bet to the reverse forecast but with the three dogs finishing in the top 3 in any order.

MBT Sports Pro Tips:

Some form guide to watch for:

Remember to take into account all the important factors regarding box/trap draws, fitness, form, early speed, and late finishing ability.

Watch for a greyhound that has been dropped down in grade. The dog may have poor form because he has been racing against much stronger greyhounds. When a dog is downgraded back in class, it means he has a much better chance. For example, when in the higher grade it was beaten for pace to the first turn, in this lower grade he probably has enough early speed to be challenging for the lead coming into the first bend.

Or the dog may be a late speed dog but could not produce the finishing spurt needed in the higher grade races, but now, in the lower class race it will be able to finish over the top of the other dogs.

Consider the weight of the dogs, avoid the ‘lightest’ dog. Most often this is a younger dog or a female greyhound (bitch). If you see this scenario then check out the dogs around the lightest dog. If they are much heavier this could prove to be a disadvantage to the lighter dog. Unless it’s a speedy starter and is likely to be away from the crowd by the first turn.

Above all, Senior Citizens can take advantage of Greyhound Betting Systems because its proven to be faster and easier to bet on.

Summary

I hope this article has inspired you to look into Greyhound Racing as another strategy for betting. Also, remember you should always have a good staking plan,which you can find here.

If you want exclusive sports tips, systems and strategies that we only share with members then head over to mbt-sports.com.

Remember, if you are not yet a member of MBT Sports, or you would like to get your copy of The Two Trap Greyhound System, click the link on this page.

Proven Football Betting System That Works

/in Article Tips, Betting Expert, Greyhound Racing, Sports Trading/by Peter

There are many more examples of where this has happened by the league. But that doesn’t mean you just simply ‘lump on’ every match and hope you make a profit. Oh no, there is some proven football strategy behind this.

How to create your own Over 2.5 Goals Strategy for free!

/in Sports Trading, Betting Expert, Betting Mathematics, Greyhound Racing, Video Tips/by Peter

The aim of this video is to give you a step by step walkthrough of how you can make your own over 2.5 goals football strategy.

We’re not going over any staking plan, that’s for you to decide. This tutorial will focus only on the research.

The first step is to open up the sites you’ll be using for the research

Step 2 is to set up each site with the over 2.5 goals of data

Then in step 3, you’ll start your research

Step 4 we’ll gather all of the data together in one place

In step 5 we’ll analyse the information we’ve collected

And finally, in step 6, we’ll put what we’ve worked on so far, into practice.

—

Now, watch the video for the process on how to create your own over 2.5 goals strategy.

https://youtu.be/B-Nn2iCzUf8

Start paper trading your system. This is simply where you do all the research as we’ve shown you, record the selections you would have made – but don’t actually bet.

Then record the resulting win or lose along with the score. If anything stands out where you lost, a record that too (e.g. red card changed the play to defensive, highest scorer was injured etc). And where you feel it’s needed, you can make changes to the system so that you are, on paper, making consistent winning picks.

When we start a new system or look at using one from another source, we always paper trade. We’ll also test the system on past results when that’s available too. Here’s an MBT Sports Pro Tip – paper trade for 30 days to find out how profitable your system is.

If you want to learn even more about sports betting systems and tips head over to our website at mbt-sports.com.

What step from this tutorial was new to you, was it Step 2 or 3 or something else?

Let us know by leaving a comment below.

Top Tips on How To Be A Tennis Betting Expert

/in Sports Trading, Article Tips, Betting Expert, Greyhound Racing, Video Tips/by Peter

In this article we are going to share with you several top tips, you can use today to become a tennis betting expert.

It doesn’t matter how knowledgeable you are, as with all sporting events, they are open to human error. As you know, if you have followed my articles and newsletter – sports betting can never be an exact science.

But, the laws of probability do help to identify when an outcome is more or less likely to occur.

In the MBT Sports membership area, we also have sports trading systems that work similar to Two Trap Greyhound System, and tennis is one of those sports.

Understanding how to identify probability by reverse engineering betting odds, is key to any successful sports trading or betting.

Knowing how to convert odds into their implied probability will help improve the chances of long term success when betting on tennis or any sport.

So how do you determine probability? The best way to demonstrate this is through an example.

A player has decimal odds at the bookmaker of 1.75, we need to determine what that converts to in terms of probability.

Probability is easy to calculate. Take the decimal odds and divide them into 1, and then express the answer as a percentage so in our example.

1 divided by 1.75 = 0.5714

0.5714 x 100 (to get a percentage) = 57.14%

This means the bookmakers believe that there’s a 57% likelihood that the wager will win.

Tennis is one of those sports that has more side markets than many other sports. It’s often better to find side markets to trade on than the straightforward match result.

If you plan to maximise profits and minimise risk, you need to have a tennis trading strategy based on a combination of scientific theory and discipline.

Here are some other tips that will help you become a tennis betting expert.

Only bet where there is value. Find matches where you can see value from your analysis. This can take many forms, but you’re looking for a market the bookmakers have proceed up wrong, in your opinion based on your analysis, and for which you think there’s a profit (value) to be had.

Look for out of form top seeded players; especially true at grand slam events, a player may be seeded higher in a tournament despite poor recent form, online bookmakers will often follow the players’ ranking, not the form.

Servers vs Returners, do some research on the two players, some players are more dominant when serving, others when receiving.

Check the players’ form on the match playing surface. Some players perform better on different types of surface. Be aware of a players’ preference.

There you have it, some simple tips that will help you win more tennis bet markets.

If you like this article make sure to subscribe to our newsletter. And if you want exclusive sports tips, systems and strategies that we only share with members then head over to MBT SPORTS MEMBERSHIP

Now we want to turn it over to you. Which of these tips will you find most useful? Are you going to look for probability percentage or a player’s preferred playing surface? Either way let us know in the comments.

Good luck in your sports trading and remember: ‘Stop Gambling and Start Trading! 😊

Until next time… Thanks!

How To Always Win Football Bets (Updated 2021)

/in Betting Expert, Greyhound Racing, Sports Trading, Video Tips/by Peter

How To Always Win Football Bets is a big promise isn’t it?

But let’s be honest, no one has ever come up with the perfect 100% guaranteed sports betting or trading system.

Even though we believe that our own strategy; THE TWO TRAP GREYHOUND SYSTEM does come pretty close to it.

And if you’re already a member of MBT Sports membership site then you’ll see several other sports strategies that use the two trap greyhound system as part of it’s core systems.

But today, we are here to share with you How To Always Win Football Bets.

As we said earlier, we won’t make that bold promise.

But, what we can do is give you some tips on how to improve your chances of winning your football bets.

Get to know your Sport!

This is true whether we are talking about football or any other sport. It is even more true when looking at sports that don’t lend themselves to a probability system or strategy.

Research, research, research. You can go into piles and piles of statistics and team form in detail if you want to, in fact, many professional sports traders do just that, and they usually specialise in one or two sports and keep very detailed records with analysis on teams and individuals so that they can come up with probable winning bets.

With the power of the internet, many of the stats are freely available if you know where to look. It will take you time to research the ins and outs of matches, the teams and their players. Using online resources, read and take note of the relevant stats and information.

Here’s a great reference site to use; it’s called http://www.whoscored.com. It is an absolute treasure trove of data with statistics on the best goalscorers, defenders, etc. Using the data available you can use this for the side markets in football. Here’s an example; you can research which teams score or concede the most goals before or after halftime; with that knowledge, you could place a bet on the Half-Time/Full-Time result.

Look for Value

I’ll cover how to calculate value, also known as probability, in another article but essentially once you’ve identified value, i.e. if you’ve calculated that the probability of the event you’re trading on exceeds that which is indicated by the probability, then you have a good value bet. Then it’s up to you to decide if it’s worth betting or not.

Side Markets are where it’s at…

Looking for the markets with the best value? Then always have a look at the match side markets, or sometimes called specials. Here you’ll find an array of markets, from over/under, half time / full time, correct score, to name just a few.

It may seem counterintuitive to go for specials, but these are often the markets that can improve the probability of a win. Here’s an example of specials where you can improve your likelihood of winning, that is to say giving yourself an edge.

Looking at the two markets; both teams to score and the over 1.5 goals market. In these markets quite often you’ll be able to make a better profit (or at least the same) betting on over 1.5 goals instead of both teams to score. That’s because over 1.5 goals mean you win if there’s 2 or more goals scored, by either team. But both teams to score market relies on both teams scoring. The odds will reflect this, but which of the two markets do you think to have a higher probability of happening?

Speculate to Accumulate, well kind of….

Accumulators or multi bets are a good way of increasing profit when you are trading on what both you and the online bookmakers believe to be a high probability of success. The downside is that often the odds are shorter and really short in some instances.

So how do you turn a profit with shorter odds? Accumulators of course.

Be warned though. As you know anything with humans (or animals for that matter) involved has an unpredictable edge to it. So having an 8-match accumulator with teams at 1.25 and below (some as low as 1.01) is destined for tragedy. We can almost guarantee that you would lose an 8-bet accumulator with 8 favourites on short odds.

No, if you are going to have multi-bets, keep it to trebles or 4-folds maximum, that’s our advice.

There you have it, a simple guide that will help you win more football match markets.

If you like this article make sure to subscribe to our newsletter. And if you want exclusive sports tips, systems and strategies that we only share with members then head over to mbt-sports.com.

Now we want to turn it over to you. Which of these systems will you use first? Are you going to use the single low odds markets or an accumulator market? Either way, let us know in the comments.

Join Your No.1 source for sports trading and betting systems and techniques online today! CLAIM YOUR MEMBERSHIP NOW.

Greyhound Betting: Is It Worth It?

/in Article Tips, Betting Expert, Greyhound Racing, Sports Trading, Video Tips/by Peter

In this article, I’m going to be discussing with you a question that comes up regularly and that question is; is greyhound betting worth it? Or put another way, is it worth spending time betting on greyhounds?

Just before we get into the video, time for a shameless plug. If you want to learn more tips and strategies for sports trading, then checkout our members area at mbt-sports.com

So let’s get started.

People who are experienced with sports trading struggle to see the value of greyhound betting. It’s usual for them to struggle to trade at the price they want, whether that’s to back or lay. Also, they find it more difficult to trade the racing and wonder why that is. Let’s answer those questions in this video.

Those of you who are familiar with my book; The Two Trap Greyhound System, will know that in greyhound markets, especially if you’re looking to trade in the traditional sense, the betting market for greyhound races has very little liquidity. The opportunities to trade at prices that you want are restricted by the liquidity of the market and whether your lay price will be matched.

https://members.twotrapgreyhoundsystem.com/ebook/

Because of these small markets, greyhound racing has different characteristics than the mainstream sports markets such as football or tennis, as these markets are more popular with the general public.

As well as the size of the market, there are other factors that can influence pricing, not just the form of the dogs. Betting markets are particularly volatile and quite often the markets don’t move until around 5 minutes or less before the off.

Often trackside rumours will impact the market more so than the form. Additionally as prize money is so low for winning a race, trainers and owners look for other ways to supplement their income from a race, maybe even betting on or even against their own dog.

So, is it still possible to make money on greyhound racing? Absolutely yes.

BUT – you have to appreciate that greyhound racing as sport does not compete in the same way that other sports do, the external revenue received from sponsorship or TV is not reflective as say football or snooker, for example.

That’s why tracks will offer trackside entertainment like refreshments and dining in order to make a day or night out at the race track that more appealing. Betting on a dog race is almost secondary to having a good day or night out.

Another factor that influences the liquidity in markets is the number of races. Almost every day there are over 70 races that people can bet on. This spreads an already small number of followers across more and more races. Contrast that with football and generally speaking only a Saturday would have 70 or more matches on.

The smaller markets will be influenced much more by even the smallest movement in betting on a dog, and as mentioned before, usually this sparks into life with under 5 minutes before the start of a race. Often within a minute of the off is when the market is at it’s most liquid, almost too late to get the price you want.

But don’t despair, you can still get the value on your greyhound trading. The challenge comes when trying to get your staking plan in place when the markets are not so liquid. You may find you have to place more stake if you can’t get the price you want.

This is particularly true when laying your greyhound racing, whereas if you are backing you have more control and options to place your stake.

Is trading the best way to see a profit with greyhound racing? In general I’d say no. But when you have the right systems, the right staking plan and you treat your greyhound betting in a professional way, as an additional income stream, then the answer is yes.

The Two Trap Greyhound System offers you the opportunity to see regular profits from backing greyhounds, and historically has thrown up long odd winners.

You can invest in the book but ideally, by subscribing as a member of MBT Sports, you’ll get access to the training, the MBT Sports calculator and also access to the research done for you greyhound racing alert service.

As well as the greyhound system, you’ll also gain access to other sports betting strategies including football, horse racing, tennis and golf.

So that’s it for this video. I hope you enjoyed it. If you have any questions or need any clarification leave a comment below or send me an email. You can also find us on Facebook and Twitter.

Remember, if you are not yet a member of MBT Sports, or you would like to get your copy of The Two Trap Greyhound System, click here.

6 Sports Trading and Betting Basics Explained

/in Article Tips, Betting Expert, Greyhound Racing, Sports Trading, Video Tips/by Peter

I’m going to share with you some of the basic terms and approaches for successful sports betting and trading.

https://anchor.fm/peter-bright/episodes/Sports-Trading-and-Betting-Basics-Explained-ebdeno/a-a1m1fmq

1) Fixed Odds betting – This is the most common form of betting.

Fixed odds relate to the fact the odds don’t change once you’ve placed your bet.

This is different from in-play trading or betting as the odds will move to reflect the performance, score, money in the market and other factors that could influence the odds.

2) A selection – this is simple, it’s just the bet or trade you placed on the specific market. For example, Chelsea to win is a selection, as is Chelsea to win 2-0 in the correct score market.

3) The stake – this is the amount of money you are prepared to wager on the selection. This should be a considered amount based on your overall betting bank, the odds and how confident you are in your selection.

4) Odds or SP – odds and SP, or starting price are the odds set by the bookmakers as a reflection of probability of an event happening or not happening depending on your selection.

Depending on your country and or your preference odds will be expressed as fractions, decimals or moneyline. I personally prefer decimals as it’s the simplest way to do the math. For example odds of 2.5 means you will get back 2.5 times your stake including your stake, in other words, 1.5 times your stake as profit.

5) Types of wagers; there are many different ways that bookmakers will offer in various markets and events. The most common ones being; overs and under, acca’s, and point spread or handicap. Overs and under markets mean you bet or trade on an event being over or under a certain number such as goals scored being over 1.5 is betting that more than 2 goals will be scored in a game, Similarly, you can have under 1.5, if you expect less than 2 goals to be scored.

6) Acca’s – accumulators; where you pick multiple selections to make up one bet with a single stake, so a 4-fold would be 4 selections with one stake bet and the odds would multiply up by all 4 odds assuming your overall acca is a success. And a point spread or handicap is where the market has a range (point spread) or one player or team has a handicap, usually in the form of goals or points (as in tennis).

These are much more like gambling as you are reliant as much on luck as you are on your own research and due diligence.

There you are, some basic terms of sports betting and trading explained.

I’m Peter Bright Author and founder of Two Trap Greyhound System and MBTSports, thanks for your attention.

Table of Contents

Getting Started – Preparation

How To Prepare Correctly

Understanding The Dogs

LEARN HOW TO READ FORM

MBT Sports Pro Tip: Look For Value in The Lower Grades

Know The Trap

Weather Conditions

Become A Track Guru

Greyhound Racing: background

About The Races

Greyhound Traps

Types of Betting Markets for Greyhound Betting

Straight Bets

Forecast Bets

Accas

MBT Sports Pro Tip: Acca Strategy

Matched Betting

Back and Lay

Hedging for Guaranteed Profit?

Arbitrage

Matched Betting – Free Bets

Build Your Own Greyhound Betting Strategy

YOUR STRATEGY

Finding the Value Bet

Recovery strategy

Stay Away From Fun Bets

FAQ’s for Greyhound Racing Systems

What is the best way to bet on greyhounds

How do you win big on greyhounds

How often do greyhound favorites win

What is the most profitable greyhound betting system

What is The Two Trap Greyhound System

CONCLUSION: IT’S TIME TO OPEN THE TRAP!

Table of Contents

Types of Greyhound Racing Bets

Ante Post

The Single or Win Bet

Place or Each Way Bet

MBT Sports Pro Tip:

Forecast Betting

Dual forecast and Tricast betting

Straight Forecast

Exacta

Trifecta

Reverse Forecasts & Tricasts

Acca’s or Multi Bets

2 More Questions On Betting on Greyhounds

How do you win big on greyhounds

Which box wins the most in greyhounds

Summary of Greyhound Betting

Betting on Greyhounds, Is It Worth It?

Unashamed Plug.

Table of Contents

How Does Laying Greyhounds Work?

The Best Greyhound Laying Strategies

1 – Laying 3rd Favorites

2 – Lay the Favorites

3 – Laying the Field

4 – Watch The Points system

5 – Reverse Engineering The Two Trap Greyhound System

Common Questions About Greyhound Betting

Which Trap Wins Most in Greyhound Racing?

What is the Best Way to Bet on Greyhounds?

How Often Do Favorite Greyhounds Win?

Does Laying The Favorite Work?

How Do You Always Win On Greyhounds?

Can You Make Money Laying Greyhounds?

Is Laying the Only Good Greyhound Betting Strategy?

Pick a Track

Decide on Your Market

Choose a Betting Strategy

The Three Most Popular Betting Types

Acca’s

Forecast

Straight

Answer to What’s the Best Greyhound Trap to Lay?

A Simple Race Form Guide Hack

Table of Contents

System Number 1, Exchange Scalping.

What step from this tutorial was new to you, was it Step 2 or 3 or something else?

Let us know by leaving a comment below.