In NSW it is, 9. 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. Our trusted online bookmakers provide the best odds on greyhound racing whether its through tote betting or fixed odds markets. Click here to check out our comprehensive reviews on our trusted Australian bookmakers. Greyhound Racing Fixtures.
There are multiple greyhound racing meetings every single day in Australia. Check with your preferred online bookmaker to see which greyhound races are taking place on any given day. Greyhound Racing Results. Greyhound racing results can be found at the official governing body's website for each state. Western Australia. South Australia.
Greyhound Racing Betting Options. Below is a glossary of the major betting types and exactly what they mean:. You can elect to "box" your trifecta for a diminished return which means they can finish in any order, or you can select the exact finishing positions. Like a trifecta bet you can elect to box it. The more dogs you select per race, the less your return will be.
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Big Dog's Neighborhood Casino features an unique, grandfathered 35 machine casino license. We offer more game choices than most other tavern operations. Want to get personalized gaming promotions? Personalized Gaming Promotions Want to get personalized gaming promotions? View Our Current Promotions. Rancho Dr. A final round level par 72 cost him a chance at winning the WGC event last week, but he seems in a rich vein of form and will be keen to show Greg Norman that he made a poor decision picking both Robert Allenby and Aaron Baddeley on the bases of the Australian nationality, and not on current form.
Anders Hanson is currently 6 th in the Race to Dubai and enjoying a very consistent season. He played pretty well last week but definitely needed the week to familiarise himself with the conditions. He will play much better this week in a tournament that has seen some of his best golf over years gone by. He played average to say the least at the HSBC Champions in and but finished inside the top 5 at the Singapore Open the following week.
The course sets up nicely for him and he will be looking to go one better than his second place finish last year. Jhonattan Vega s is one from the PGA tour that has enjoyed his time in Asia very much, finishing in the Top 10 last week in China and putting together a 63 in Malaysia the week before. He is well priced and if he can put together some putts he may be a hard man to beat in his current form. He has already won this year and will have no problem featuring at the top-end of the leaderboard come Sunday.
Finally, Jeev Milkha Singh is a player who blows very hot and cold. He has the capacity to shoot the lights out of a course, but at the same time can struggle and blow up at any point. The interesting thing about Jeev is he looks good at the moment with a top 10 finish in Malaysia 2 weeks ago, followed up by two rounds sub 70 in China.
Good Luck,. Louis Oosthuizen 1. Anders Hanson 1. Labels: asian tour , betting , european tour , golf , golf betting , Singapore Open. Some may see playing Lake Malaren as an advantage as those competitors will be acclimatised with conditions. With the course measuring 7, yards and rain forecast for parts of the week, the course looks to be playing on the longer side and big hitters may be more suited to conditions.
Accuracy may also play apart with several water hazards scattered around the course but flat greens will mean good shots will be rewarded. With that in mind, my headline pick this week is Lee Westwood. The Englishman is yet to win a major or WGC event but is long overdue a high profile victory. His stroke average for the course is Motivation will certainly be high after seeing his ex-pal Rory win last week.
Already a winner of a WGC event, he will be looking to make the trip profitable by adding to his two wins this season. He is sure to be brimming with confidence after finishing 3 rd on the US money list. He also has previous course form with a 5 th place finish on his debut two years ago.
My final selection is Paul Casey who has been troubled for much of the season with injury. However he has shown signs that this is firmly behind him and he is ready to get back to the devastating form he showed last season. He finished T-7 not so long ago at the Frys. Labels: betting , golf , hsbc , picks , wgc , wgchsbcchampions. All eyes will be on Sergio Garcia and rightly so after a sensational display of birdie making at last weeks Castello Masters. Although feared, the temperamental Spaniard is not a pick this week due to his erratic nature and the hangover he may feel after triumphing in his hometown last week.
Valderrama is a tricky course and the players will have to be on their game to compete in what looks a strong field on the European Tour this week. The course tests every attribute of your game and accurate iron play to tight and difficult greens is a must.
I expect methodical planners around the golf course to be in contention this week. My headline pick goes to Graeme McDowell who simply loves the splendid setting of Valderrama and will relish the chance to defend his title. After recent news of his compatriot Rory McIlroy joining the same management company, he will surely be spurred onto great things. His last visit in Europe proved fruitful after finishing 2nd at the Alfred Dunhill Links Championship.
My next selection is Anthony Wall who comes into this week in good form and also enjoys the test that Valderrama throws up to the players. The Englishman finished in the top 20 last year and a notable 2nd when the Volvo Masters was played there in He likes playing in Spain and comes off the back of an 11th place finish at the Castello Masters last week.
Thomas Bjorn is the third player on my staking plan this week. The Dane has had an extraordinary season and talk suggests that the run is likely to continue. Thomas has stated he is playing the best golf of his career and wouldn't rule out further wins before the season is out. Lastly, the talented youngster Joost Luiten completes the betting for this week.
Joost is coming off an 11th place finish in Castello as well as 3 top tens in his last five events. Graeme McDowell 1. Thomas Bjorn 1. Labels: andalucia masters , betting , european tour , golf. The Lake Malaren Shanghai Masters. They are guaranteed a healthy pay day, with the winner bagging a cool two million dollars.
All the bookies are paying out for four places at a quarter of the odds, so the key this week is to search for value and there are two golfers that fit the bill perfectly. Anthony Kim is coming into some form after his third place finish at the KJ Choi Invitational last week. His final round of 73 cost him the title after starting the final round one shot off the lead.
Shooting one over par and having 36 putts in his final round emphasises his inability to convert on the greens after a solid display from tee-to-green. Kim enjoys the small field events at is priced extremely fairly in the market. There are big things expected of the young Korean and this could be the place he announces himself on the world stage.
Good Luck, Big Dog.
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|Bitcoins wallet address phone||AnotherAustralians are estimated big dog betting be at moderate-risk of developing a gambling problem. When it was all said and done, he won eight feature races and was unplaced just 12 times in starts. Here is a snap shot of a Speed Map, overlaid with some comments by ourselves:. Queen of the Turf Stakes. Other information is important such as the record of the Trainer and first-time starters at Wentworth Park, but overall the variables and inputs that influence a race start to shrink.|
|Big dog betting||New Customers only. You can add more bwin free betting to the mix to improve your chances. You can pick between 4 or 8 greyhounds in your bet. We apologise for any inconvenience. Check out our greyhound racing tips and all the latest odds here. Tax revenue from poker machines accounts for Golden Eagle.|
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