Greyhounds have a royal history dating back to Egyptian and Roman lore. Their reputation for speed, vision and hunting is what led this dog breed to be used in the English “coursing” racing matches. Years later in 1922, a dog racing stadium called Hialeah was built, along with many other dog tracks throughout the U.S. Greyhound racing was always a big draw in England and remained that way until betting on the dogs took on a dark turn on the betting side, possibly involving mobsters. Under government regulation, many safeguards were established to prevent the fixing of races. Also, the American Greyhound Association was formed in 1906 to legitimately register racing greyhounds.
Greyhound betting is one of the most famous types of betting, along with matched betting services like Profit Accumulator (which you can read an excellent review of here), because there are a lot of races, plus it is covered by bookies and there are many online sports books all around the world. Racing with these magnificent canines differs from country to country. In the U.S. people can make bets against each other and in the UK betting odds are set. Many of the same bet types in the U.S. and England that punters place on horse races can also be placed on the greyhounds including the following:
- Straight Bet: people bet on the dog they believe will win the race.
- Place: a wager bet on a particular dog finishing in the top two.
- Show: a bet that a dog finishes in the top three.
- Across the Board: like horseracing, this is a bet on a dog in win, place, and show areas.
- Pick 6: a bet where a dog will win six consecutive races.
- Pick 3: a bet where a dog will win three consecutive races.
- Straight Forecast: a UK bet where a person places wagers on two dogs to cross the finish line in a particular order.
- Treble Forecast: a UK wager where three specific dogs will finish in a particular order.
- Reverse Forecast: a bet that involves betting on two dogs to finish first or second and it doesn’t matter which finishes in what place.
- Combination Bet: a wager is placed on two to four dogs and how they will cross the finish line is a particular order.
- Super-fecta: this is a bet that four greyhounds dogs will finish in a specified order.
- Jackpot: Individuals bet on six winners. If all of their picks win, they get a portion of the Jackpot.
Generally, when you arrive at the race tracks, you are given a “race” card, which gives some details about each of the dogs. Each line on the race card gives information about a different race including the outcome of each dog’s last 6 races. There are no jockeys in greyhound racing, it is all about the dogs and their career history. In dog racing, the betting pools are small, so there are no high paying dividends for place bets. This is why “win” bets are more popular because if you use the right method of betting, you can get better returns.
Many people bet on greyhounds without doing their homework and proper research. The more you know about the dogs, the better your odds are. Find out how many wins the dogs are compiled, which trainers have had more wins and find out the dog’s previous and split time records on the track. Consider the conditions of the track, just like in horseracing because a track affects horses and greyhounds also. Find out the age of the dogs because greyhounds are retired between the ages of four and six. Their age determines how they will perform and where they are in their racing career.
With online betting there are now lots of free bet specials and bonuses available to punters. Before you place a bet on a big race, check to see if there are free bet offers around because this is a great way to enhancing the value of your bets and the size of your winnings. Just remember to bet responsibly and have fun!