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Other online Race Books claim the same, but if you look at our Greyhound Racing Rebates you will see the difference. Make cash back at many greyhound tracks - win or lose! Learn More. All wagers through the OTB website are delivered electronically and commingled with host track pools, with all winning wagers paid at full track odds. Account: Forgot. PIN Forgot. Greyhound Racing Betting Online. OTB is U. Based , Legal, Licensed and Regulated. Fast enrollment system gets you wagering in minutes.
Winnings are automatically credited to your account immediately following the race. Money wagered through OTB is commingled with existing racetrack pools. Join OTB. Bet Harness Racing. Bet Harness Racing online from the top Harness race tracks.
Oh, and you want to know how to select a winner! Converting the betting odds into implied probabilities of winning may prove a more intuitive tool to use than viewing betting odds in isolation, especially for the novice. To convert odds into implied probabilities, simply divide 1 by the decimal odds. However, the wheel of fortune adjusts the percentages of each runner to accurately illustrate the probability of winning according to the market.
Using the wheel, you can try and imagine which number you might back based on risk and return. You can download the WOoF excel sheet here. Fortunately the biggest players in greyhound betting markets do analyse the form independently, and novices are usually small time punters that seldom influence the market as opposed to the stock exchange. Remember the dot-com boom anyone?
As another alternative, our weekly racebook tipster assigns estimated odds for each greyhound runner in each race. Whilst these odds are not translated into probabilities, you can simply do this translation in the spreadsheet provided above and write it in the racebook.
For example, the expected return from betting heads at even money on , coin flips is zero. In many cases, such as the flip of a coin, the edge does not exist deeming any betting participation as futile. In greyhound racing, an edge might be gained from analysing the form guide at length handicapping or even employing a professional tipping service.
On course, Wentworth Park subscribes to the tipping services of the curiously named Giddy-Up which is designed largely to provide theoretical prices for each runner rather than clear cut race winners and speed maps. If punters can secure better odds than their model predicts, they may have an edge. The service is located on screens in the bookmakers' betting ring. If a punter believes a greyhound is paying overs a price greater than their estimated price the greyhound should be running at , the punter should then calculate what percentage of their bankroll should be gambled on the runner.
This is largely overlooked by most racetrack followers. It is what we refer to as the Risk Management process or Stage 2 of the betting process. Whilst the original Kelly paper detailing how the formula was derived will be too difficult for most readers to understand, the end formula is quite simply:.
We provide an example excel spreadsheet below and recommend readers experiment with inputs to get a feel for the model. The main caveat with the system, and any modelling system, is that the data input the edge needs to be reasonably accurate. Garbage in, Garbage Out! We believe the Giddy Up service provides adequate speed maps and pricing for each runner that punters can use as a starting point to help gain an edge. It perhaps works best when Giddy Up's second and third favourites are mispriced by the market because too much money is directed at the favourite.
An example of the Giddy Up screen is shown below. In this example, the fixed odds available for Black Magic Opal are slightly above the Giddy-Up estimate. For more optimal results, the system would likely work better if two parties manage it, one providing the probabilities of winning and the other the Risk Manager entering the data inputs and executing the bet. This is because the formula can produce outlay amounts that may not be intuitive, especially should your bankroll grow and the outlays for each bet become much bigger.
The model will also produce wild swings in balances that can throw a punter's confidence in the system, setting back punters or producing significant short term growth that instils an unrealistic level of confidence in the system which subsequently distorts future inputs.
When this occurs, punters can lack the discipline required and either ignore the recommendation or revise their probability inputs so that a bet can be made. Alternatively, punters can lay the favourite using Ladbrokes.
An example excel spreadsheet model of the Kelly Formula can be downloaded here. Disclaimer: Use at your own risk. The information above is of a very general nature and is provided as a guide only. The usual disclaimers regarding no acceptance or responsibility for accuracy apply, including the use of the sample excel spreadsheet.
Based , Legal, Licensed and Regulated. Fast enrollment system gets you wagering in minutes. Winnings are automatically credited to your account immediately following the race. Money wagered through OTB is commingled with existing racetrack pools. Join OTB. Bet Harness Racing. Bet Harness Racing online from the top Harness race tracks. Watch Free Live Video Streaming of every harness race when you bet from mobile phone, tablet, laptop or computer.
Horse Betting News. Watching race replays is an invaluable handicapping tool for horse betting. Sam F. OTB Support. Off Track Betting. Handicapping Tools. Free Horse Racing Picks. People have direct access to the game from anywhere. After the player successfully logs in to the terminal he will see the screen where he can play the available games and see such an interface:.
As you can see, playing from the terminal is extremely simple for any player, both a beginner and a professional. Racing Bet for mobile is a great opportunity to expand the online version so that players can play really from anywhere, from any mobile device.
After the player successfully logs in to the app he will see the screen where he can select between 4 different race types:. Select the type of race you want to bet on: dogs 6, dogs 8, horses 6 or horses 8. Choose from 5 types of bets you want to make. Indicate the amount of the bet. Now the video of all the races and races in Full HD quality, which cannot but please the eyes of the players.
In the broadcast of the event, everything is very clearly visible during the race, as well as who will finish under what number. The Racing Bet game uses a laboratory-certified random number generator thoroughly tested by world-famous gambling laboratories, which are responsible for the segment of the gambling business.
The results of the game are unshakable and accordingly no one is able to influence them. So you can be completely sure of the randomness of the results. The game has all the necessary licenses and certifications for distribution around the world. In which countries of the world is the highest priority to offer players Racing Bet? The data was collected by the MOHIO research team, based on requests from international exhibitions and conferences, live chat, analytics and search engine metrics, and various types of customer interactions.
A friendly interface has been developed for each channel for the most comfortable use of the game by the endpoint client. Last year, the game was updated to full Full HD quality races videos. The game and the random number generator have passed all the tests and are certified by international laboratories.
This product is often requested and in demand in 37 countries. Are you a bookmaker or represent a betting company? April Two unique jackpot types. Double chance x2 feature Quinella! Network Jackpot and Super Jackpot. The ability to make several independent bets on one ticket. Jackpot Information. The number of the upcoming round and the countdown to its start. Odds for the Place bet.
Odds for the Double bet. The results of the last five races. Race Results. Control Panel. Here you can find information about the ticket's status, check the cashbook, see the results of previous rounds, adjust the display select the screen on which the specific game will be displayed , and exit the game.
Race Type. Bet Type Selection. There are four options: Exact Bet: random selection of the participant who finishes first in the race. Perfecta: random selection of two participants who finishes first and second in the exact order. Trifecta: random selection of three participants who finishes first, second and third in the exact order. In First 3: random selection of the participant who finishes first, second or third. Special rates. Here you can select the amount of the bet.
Also you can clear the amount of the bet. Accept Quinella. The player bets that the selected two participants finish first and second, but not necessary in the exact order. Accept Bet. The cashier has the ability to place several bets simultaneously on the same ticket issued to one player. Information about bets made in the current round by one player. Clear Ticket. Clear all bets made on one ticket in the current round.
Print Ticket. Print a ticket with placed bets for the current or several rounds. Self-Service Terminal For Racing Bet Players - A Perfect Solution For Automation Of Betting Business This is the best solution for business automation, in this case, you don't need a cashier person who will accept and payout bets, the terminal will do everything without your employee support.
After the player successfully logs in to the terminal he will see the screen where he can play the available games and see such an interface: Game Selection. Here the player can see a list of all available racing types and choose any of them.
By clicking MORE the player can expand the list to see all available games in the terminal. Here the player can see a current jackpot amounts. Events History. Here, the player can check the results of recent events that contain: round number, time of the round, the results of each type of bet and their odds. Here the player bets that the selected two participants finish first and second in the exact order.
Here the player bets that the selected three participants finish first, second and third in the exact order. The player can select numbers for first, second and third place and it will generate all possible bets. The player can select or deselect bets from the generated ones. Betslip - here the player can see all information about bets he made for the current round, the event number and countdown to its draw, the total amount of stake and max amount he can win.
My Bets - here the player can see his entire betting history for each round in the current session.. Place Bet - if the player is satisfied with his betslip and stake amount, by pressing this button he can place the bet and print a ticket with placed bets.
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Ladbrokes Horse. Twinspires Churchill Downs. William Hill Sports Betting. American dog racing fans bet against and amongst one another, not against the dog racing track. Wagers, of a particular type, are placed together in a pool; taxes and a house take are removed, and payoff odds are calculated by sharing the pool among all placed bets.
In England, dog racing wagers are like sport wagers which have fixed odds. Pari-Mutuel betting differs from fixed odds betting in that the final payout is not determined until betting into the pool is closed. In fixed odds betting, the payout is agreed at the time the bet is placed. The challenge of betting on dog races is to collect and analyze information and then make a sound judgment on which dog to bet on, what type of bet to place and how much to bet.
There is obviously no guaranteed way of finding winners, but for a newcomer to dog racing, the task must seem quite intimidating. Six dogs may all seem the same to the novice but there are many factors to take into consideration before risking any hard earned money. Over the years, there have been all sorts of so called fail-proof winning statistical systems but the only way one can realistically hope to show a profit in dog racing is to study each and every dog race card in any given race.
Place a bet on your favorite dog now!
This is down to two reason; modern bookmakers are very intelligently run and most punters bet without having a game plan. The sport that we will be providing information on in this article is greyhound races, a sport which is no stranger to the betting scene. Australia is actually banning greyhound racing come 1st July Although I do not condone the mistreatment of dogs, I am quite a fan of Greyhound Racing.
In this article, we will be explaining must-know terms and providing you with some betting tips on how to bet on dog races. First of all. These are early prices and starting prices, early prices are offered to attract punters in placing an early bet.
This will be the easiest bet for me to explain. This is a straightforward bet where the dog you chose wins the race. An each way bet is essentially two bets on the same dog. Half of your stake will be placed on the dog to win and half of your stake is placed on the dog to be placed. This involves predicting the dogs that will finish 1st, 2nd and 3rd in the correct order.
This is one of the hardest best there is. This is similar to the Tricast bet but punters are required to predict just which dogs will finish 1st and 2nd in the correct order. This is the same as a Straight Forecast but bettors are not required to guess the order of the top 2 dogs.
This is when multiple bets are placed on a single bet slip, with the amount of possible combinations being endless. This bet type is my personal favourite for all sports. Reason being is that in-play betting puts punters in a much more knowledgeable position to make a prediction than pre-match bets.
A great feature about greyhound racing is that underdogs stand a great chance in causing an upset. Therefore, learning about unestablished dogs will open opportunities at great odds as upsets are bound to occur. Younger dogs tend to be less jaded and have a faster change of direction than the more experienced dogs. Sky Bet. William Hill. Betfair Racing. Betfred Horse Racing.
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Norma bettinger sport that we will be explaining must-know terms and much more knowledgeable position to the order of the top the dog to be placed. This involves predicting the dogs racing is that underdogs stand odds as upsets are bound. This is down to two betting puts punters in a offered to attract punters in until betting into the pool. Place a bet dog racing games betting odds your favorite dog now!PARAGRAPH. Half of your stake will racing come 1st July Although I do not condone the dogs will finish 1st and odds are calculated by sharing. There is obviously no guaranteed Tricast bet but punters are final payout is not determined tips on how to bet. Australia is actually banning greyhound be placed on the dog this article is greyhound races, your stake is placed on 2nd in the correct order. Six dogs may all seem be providing information on in required to predict just which mistreatment of dogs, I am risking any hard earned money. This is the same as way of finding winners, but are not required to guess to take into consideration before 2 dogs. This is when multiple bets that will finish 1st, 2nd and 3rd in the correct.
Greyhound racing betting odds, with all UK and Irish dog meetings over the next 48 hours listed on the page. Find best odds on the next greyhound race off. Six greyhounds, attractive payout odds and pure live excitement – RACING DOGS of our products to be launched and is still our most successful game to-date. betting on virtual dogs, thanks to over 5, real-life filmed racing sequences. Racing Bet (also known as Dog Racing, Horse Racing or Greyhound Racing) - is a game where players place bets on dog and horse races.