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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.
The John Kelly Formula is merely a tool amongst many that may be of use to some gamblers. Giddy-Up also provides no guarantee that their service will generate any return in isolation. Giddy-Up is a service we subscribe to and we have no affiliation with beyond that subscription. See here for more information regarding problem gambling.
If less than 8 runners, a place bet pays on only 1st and 2nd placings. You can add more greyhounds to the mix to improve your chances. You can pick between 4 or 8 greyhounds in your bet. Don't feel embarrassed! You can select 'fixed price odds' which guarantees your price when you make your bet note that all on-course Bookmakers provide fixed price odds.
Simply tell the TAB operator "fixed odds" when placing the bet. The start is one of the most important factors to assess because a good start can mean a greyhound will avoid a squeeze. Here is a snap shot of a Speed Map, overlaid with some comments by ourselves:. Number 1 the red rug appears to have plenty of room here as numbers 2 and 3 appear to be slower starters based on recent race history. The number 1 box also produces the most winners see below "stats" , so we just want to then look at recent race times at Wentworth Park over m compared to the other greyhounds.
If we see Greyhound runner 8 also appears a fast starter, so check how he matches up against number 1. The race review slide the screen across to the left on the app will usually mention if any of these greyhounds are what we call a "widey" likes to race wide and avoid the other greyhounds or a railer hugs the rail, which is of course the quickest way to the finish post. Racebooks will also report "1st Sectional Times" which is the input for the above Speed Map and is usually around 5 seconds.
Study these closely as even a fraction difference can determine a race. If a dog ran a poor 1st sectional last start, check from which box it ran from. If it is box 4, 5 or 6 then you could forgive it! Look for best times and best sectionals, but discount anything more than months old. Check how many races the greyhound has won and its placings. 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.
Unlike the horses there is no need to check track conditions, weather, the jockey, whether the rail is out or if its a full moon etc. Minor considerations might include whether your selection is a bitch female and if two dogs male are placed either side of it at the starting boxes.
These odds are for the win pool only. They have no relation to the place, show, quiniela, or any other pool. On the right of the Odds Board, each Quiniela combination is listed with odds posted next to the combinations. The odds change often before the race, based upon the amount of money being bet on each runner in each pool and are based on the number of wagers placed on a particular runner. As more wagers are placed on a runner for a win or quiniela combination, the odds go down.
If fewer wagers are placed on a runner, the odds go up. After each race, the Odds Board will show which runners came in first, second, third, and fourth. The Odds Board show payoffs on all wagers for that race and remember, the Odds Board is only an aid to the bettor. Errors on the Board will be corrected, however, the Association will pay only the correct winning price. The dogs chase a mechanical lure, typically an artificial bone, which is called a hare. The hare starts about half a circuit behind the start.
When it passes a point near the starting traps, it automatically triggers the gate and releases the dogs. Should the dogs catch or overtake the lure, the race is declared void. Although the dogs are normally docile creatures, they become very excited when they race, and there are times when a runner may turn its head aggressively on another runner.
This is why the dogs wear muzzles when they race. Greyhounds were first introduced to America in the 18th century to help farmers control the jackrabbit population. As time went by, the farmers started to conduct some form of competitive greyhound racing which evolved into the greyhound track racing as we know it today. The origin of the greyhound is quite old, possibly dating back thousands of years. The Pharaohs rated them first among all animals as both pets and hunters. Images of the early greyhound can be seen etched on walls of ancient Egyptian tombs.
In Arabian culture at that time, the birth of a greyhound ranked nearly as high as the birth of a son. In Persia, Rome and Greece, the greyhound enjoyed similar standing. Email support totebet. Information on Jai Alai betting action from the fronton. Beginners' guide to betting on Greyhound Racing. There's no limit on how much can be won on any single bet.
Only the odds determine the amounts. About Greyhound Racing Dog racing is a sport run by greyhounds. History Of Greyhounds Greyhounds were first introduced to America in the 18th century to help farmers control the jackrabbit population.
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|Number one sports betting site||And finally, if the greyhound finishes in third place, it pays out as a Show bet. The remainder of the pool will be paid to punters who have guessed correctly the second half of the Twin Trifecta. 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. However, if one of the dogs has recorded faster times in its previous races, this may serve as an indicator of a potential winner. Email support totebet.|
|Betting odds sport||Unfortunately, in many cases such dogs may be impeded by their rivals as they need to pass in front of them. Some trainers simply have a way binary options trading systems dogs and know how to get the best out of them. You can download the WOoF excel sheet here. After each race, the Odds Board will show which runners came in first, second, third, and fourth. However, a few good betting tips can further tip the scales in your favor. You can add more greyhounds to the mix to improve your chances.|
|Dog racing betting odds explained point||In this case, two wagers are combined. At the bfbetting of the form, you will notice the number of the race is specified. Information about betting at more than 50 US horse tracks. An example of the Giddy Up screen is shown below. Look first to find the one showing the most "in the money" finishes at the current grade racing. However, if one of the dogs has recorded faster times in its previous races, this may serve as an indicator of a potential winner.|
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Watch up to three greyhound races at a time! Earn valuable Cash Rewards when you bet greyhounds! 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. Perfecta or Exacta or Straight Forecast. A bet placed on two greyhounds but they must cross the finish line in exact chosen order. Trifecta or Tricast or Treble Forecast. A bet placed on three greyhounds to cross the finish line in exact chosen order.
A bet placed on four greyhounds to cross the finish line in exact chosen order. Twin Trifecta. A multiple pool bet. Two trifecta selections in two races. You select the winning Trifecta combination in one race and exchange that ticket for a second Trifecta in the following race.
One-half of the net Twin Trifecta pool will be paid equally to winners of the first half when those tickets are presented to be exchanged. The remaining half of the pool, along with any carry over will be to winners of the second half. If no one selects the second half correctly, the pool is carried over to the next racing performance.
Similar to the Twin Trifecta. You select the winning Trifecta combination in one race and exchange that ticket for a Superfecta in the following race. Titanic Tri-Super This operates the same as the Tri-Super, except you must correctly select the Trifecta combination in the 5th Race and the Superfecta in the 7th Race. Daily Double. Similar to an accumulator you select the winners of the first and second races on that day.
You must place your bet before the start of the first race. Pick six winners in six races to share in a Jackpot prize. The rules and prizes will vary from race track to race track. Parlay or Accumulator. A multiple bet. A kind of 'let-it-ride' bet. Making simultaneous selections on two or more races with the intent of pressing the winnings of the first win on the bet of the following race selected, and so on.
All the selections made must win for you to win the parlay. If a race is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; a double parlay becomes a straight bet, a triple parlay becomes a double. A parlay bet can yield huge dividends if won. Forecast or Straight Forcast - A bet placed on two greyhounds but they must cross the finish line in exact chosen order.
USA, Perfecta or Exacta. Pick 3. Picking the winners of three consecutive races. Pick 6. Picking the winners of six consecutive races. Accumulator - Also, Parlay A multiple bet. All the selections made must win for you to win the accumulator. Advance wagering - Wagers that are accepted on a race on a future performance.