Greyhound Bets Explained: Everything You Need to Know

The Best Way To Bet On Greyhounds

If you are looking for one sure-fire way to be successful when it comes to betting on greyhounds, then forget it. There is no one way to suddenly be making bank from dog betting. Instead, what you need to do is develop your own technique based on a combination of online gambling knowledge, understanding of the track and a true and tested strategy. To learn more, you should check out our unique strategy page. Nonetheless, if you are just getting started, then we do recommend beginning with this page, which will work as a great introduction to different bet types.

Greyhound Ante Post Betting

In simplest terms greyhound Ante Post betting refers to any bet placed before an event – such as the day before or the previous week. When we are talking about greyhounds however, we are usually talking about huge competitive events such as the English Greyhound Derby or the Irish Greyhound Derby. These events are not just one race, but feature many different heats – therefore the bettor can bet on a dog outright to reach and win the final race. Due to the sheer amount of dogs that appear in an event like this, you can get very large odds on outsized greyhounds. This is in contrast to on-the-day betting whereby someone would see what dogs were running on the day and bet on them. It is worth noting that, with most races occurring in 30 seconds or less, that live bet placement is unavailable for greyhound betting.

Greyhound Bet Types

There are a whole host of gambling terms that you should be familiar with before you get onto the pitch. The most common of them all is the single bet, while people who believe they know the outcome of several races may engage in a multiples bet. These are really the basics, while more expert bettors will engage in bets such as the forecast and trifecta bet – requiring expert precision in getting your choices right. Then if you are really one of the most intelligent bettors around, I would recommend taking advantage of quinella and exacta box bets, as well as picking three and even six bets. In this subsequent section we will explain exactly what this all means. We would recommend understanding exactly which each bet type means in order to really maximise your betting experience. Please read on what we have written below in order to get the full idea.

Single Bet

A single bet is really the meat and potatoes of greyhound betting. What this means is you either bet on a greyhound to win or place in the race, and if the race comes off, you will get a return on your bet. This can also be done as an either way race, which means that the first two to three dogs to cross the line in the race will still pay out. We recommend this bet if you think that just one greyhound is going to win a race but don’t know much about that. Definitely a good way to get started.

Multiples Bet

If you are a fan of winning a lot of money for just a small stake, then there’s nothing better than multiples bet, otherwise known as an accumulator. This works by timing the odds of two events together – for example a 2/1 bet and a 3/1 bet combining to become a 6/1 bet. This starts with a double, which is just two selections, before going up to treble, four-fold, five-fold and more. Most bookmakers allow this to go all the way too around fourteen or fifteen selections. By then, a simple £1 bet could net you thousands of pounds – although the likelihood of this happening is very, very small.

Forecast Bet

A forecast bet is simple; all you have to do is bet on two greyhounds. The first bet is on which one will win while the second is on which will be the runner-up. A reverse forecast is when you bet on both one greyhound to be first and the other to be second while also betting on the other greyhound to be second while the other is first. This is seen as a decent way to get a better return. We would recommend taking part in this bet if you have a strong idea of the top two runners in the race.

Trifecta Bet

A trifecta bet is similar to a forecast bet but for people with even better understanding of how the greyhounds work. This time, instead of just betting on first and second place, the punter will be betting on first, second and third place. Naturally, the odds levels for this kind of selection are rather high, making it a good choice for an intelligent bettor. A boxed trifecta bet is when the punter wins if any of the selections they pick comes first – but obviously, the payout is much lower. The first bet of this type took place in the USA in 1971 in Arlington Park.

Quinella and Exacta Box bets

A quinella bet is a bit like a forecast bet – in that you bet on the top two selections – but they can finish in either order. This actually gives you a better opportunity to get a little bit better of a payout. An exacta box usually refers to the same thing but can also be a trifecta bet that can happen in any order. These are an intelligent bet to pick because you can combine the top three rated dogs in a race in order to get a profit. This is especially good if you don’t know exactly who the winner might be but can assume how much better the top half will do.

Pick 3 Bets

Pick three bets is a simple one, usually offered for the first free races in a day. This is what happens when you bet on the winner for three races in a row. This is a classic exotic bet and should only really be used by the most seasoned of bettors. The likelihood of getting three selections correct in a row is pretty minimal, so if you do this, make sure you are only betting money you are fine with losing, or make sure that the value of the bet well outweighs any potential loss. The payouts for this kind of thing are massive.

Pick 6 Bets

Pick six bets is pretty similar to pick three bets, but instead of betting on three winners in a row – this requires you to pick a whopping six in a row. Just think of the maths. Say every winner is at odds of 2/1. If you bet just £1, this would give you a massive return of £729. This is simply a ridiculous amount – yet to be honest this requires a lot of skill to get right. You could really bet on this outcome 729 times and still get it wrong. Nonetheless, it does offer a great return for a very small investment.

Greyhound Bets Explained: Best Bet Type?

The best greyhound bets explained to the punters are those that offer an easy and appropriate betting methodology. While expert bettors can use some of the more complex bets, novice bettors are better equipped to sticking to the basics. In addition, its worth saying that there is no one bet type that will guarantee success, instead its through a combination of different bets that value could be had. In the sections below we break down what this means for different bettors.

For Expert Bettors

Expert bettors know that while a single bet to win and place still remains one of the best way to bet on greyhounds and make some money, combining different smart bets together represents some really amazing value. Therefore, expert bettors who are comfortable with long outcomes should be looking for strong outright ante post bets to create extra value and combine their bets into forecast, tricast and even pick three and pick six bets. If they are really confident they can stack up lots of different bets into a massive accumulator. As all expert bettors know, its not just about one bet, but slowly stacking up value over time.

For Novice Bettors

If you’ve just started with this sport, try to get greyhound bets explained to you in full by an expert before you begin. There is no need to start thinking you’re a bigshot and trying out some massive pick six bet accas if you don’t know the difference between the inside and outside lane. A sensible solution would be to listen to what other punters are doing, think deeply about the selection, and then doing a place bet. Its normal to stake just a little bit of money at a time and then, when you are confident, start thinking about those bigger bets. But this takes time and a lot of deep thinking about the sport.

Which Bookmaker Gives Me the Best Selection of Bet Types?

When you are betting on the greyhounds, its essential that you have a bookmaker that gives you a great flexibility with your bets. The best bookmakers know this, and give you a wide variety of bet types that cover not only the ones that we have outlined here, but also any bet that you can dream of. After a long consideration of all the different bookmakers we cover, we have found the essential betting site for you to kick off your greyhound passion. Take a look at the table we have created for you below to get started and kick off your adventures in greyhound betting.

If this seems like the bookmaker for you, then why don’t you just sign up and get an account with them today? Offering single, multiple, forecast, tricast, pick 3 and pick 6 bets, all bet types are covered by this bookmaker, giving you great value when you want to bet on greyhounds online.