As we have now introduced Greyhounds to our sports list, here is a basic introduction & some advice for getting started.
Types of Betting
As a beginner, you’ll find a lot of similarities between horse racing bets and greyhounds.
We suggest sticking with a few types of bets to get the hang of Greyhounds as sometimes they can be unpredictable.
You should also consider playing around with different bet types to see what suits you.
Below we’ll list some of the most common & basic bets placed on Greyhounds:
Win Bet
A greyhound win bet type is the most straightforward type of bet. You will place a bet on the dog you think will win the race.
There is always a favourite in a race and this will be reflected in the odds.
Favourites will have lower odds but a higher chance of winning whilst those at the back of the field will have greater odds and a slim chance of winning.
Each Way Bet
Similar to Horse racing, an each way bet allows you to have some protection depending on what outcome happens.
An each way bet is two bets on the same dog to win and its position, half of your stake may go to a win and another half goes onto its finishing position.
This means that even if your dog doesn’t win, you can still get a win from the place position.
If a dog wins and comes in place then you win two times.
This is a great bet type as it provides a small hedge or insurance policy in case your favourite doesn’t win. However, because you’re placing two bets, you can expect to have lower returns unless both are in your favour.
Forecast Bet
There are a few forms of forecast bets, whilst they’re similar in name, they all have their own rules.
With a greyhound forecast bet you’ll try to predict how the race will turn out.
Straight forecast – With this popular bet type, the punter will have to choose which dog will come in 1st place and 2nd place, in the correct order.
This can provide some great returns if the punter is correct without staking a lot, however, this can also be far more difficult to win than even the Win bet we discussed before as you’ll have to pick two dogs positions correctly.
Tricast betting – Tricast betting takes Straight forecast to another level of complexity. You’ll need to predict the dog which will win, place second and third in the correct order. This is extremely hard to predict but of course, if you do predict correctly you’ll get a great return on your stake.
Reverse Forecast
The reverse forecast bet is a variation of a straight forecast bets and a tricast forecast bet format. You have to choose which bet comes first, second and third but with a reverse bet it doesn’t matter what order they finish in.
That means you can list 3 dogs names and regardless of which one comes first second and third, you will win, however, you still need those dogs to be in the top 3.
This is an easier bet to predict than a Tricast as it gives you some flexibility and yet still can provide some great returns.
There are plenty of other bet types for Greyhounds but it’s important to take things easy when going into uncharted waters.
We recommend starting with the Win bet and the Straight forecast bets with low stakes before going onto more advanced bet types such as accumulators.
Want to try greyhounds for yourself?
We now run greyhounds through our Horse Groups, for more information click here
