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Greyhound betting sites offer a variety of promos that change over time. These incentives often include cashback on losses, payouts if your horse comes in second and more. Greyhound betting was one of the first forms of online betting to be legalized in the United States. Individual states retained the authority to opt-out of racing betting, however. Most states decided to allow racing betting, but a handful do not.
You can see the full list of states that allow online greyhound betting below. So why did horse and dog racing get exemptions from the law? Well, it was most likely a result of political clout. Horse and dog tracks have strong connections with politicians in their states and were able to plead their cases to the powers that be.
Additionally, dog and horse racing tracks rely on betting revenue to stay in business. Internet betting was seen as a way to bring increased viewership and wagers to struggling tracks, which in turn hire people and spur the local economy. What this means for you is that it is legal to bet on greyhounds online and via mobile devices at any of the licensed racebooks listed here.
The significant decline in active greyhound tracks beginning in will have a major impact on the industry as a whole, but fans in most states including Florida will still be able to bet on greyhound races online at major websites for as long as there are active racetracks anywhere in the United States.
Greyhound betting is a form of parimutuel wagering , in which all wagers of the same type are pooled together. Payouts for each wager are determined based on the amount of money bet on each dog after the house take and taxes have been removed from the pool. The most important thing to know about parimutuel racing betting is that the odds are not fixed in place, even after you place your wager. The final payout odds are only known after the final bet has been placed.
The advantage of pari-mutuel wagering is that bettors do not compete against the house. The house takes a cut regardless of how the race plays out. Your only competition is the general betting public. Betting on greyhounds is almost identical to betting on horses. The same bets and wagers that can be placed on horse races can also be placed on greyhounds.
This is the simplest greyhound racing bet of them all. In a straight bet to win, you pick one dog and you win if that dog takes first place. This is another bet on a single dog, except this time you win if your dog finishes 1 st OR 2 nd.
This bet is a little easier to win and therefore pays a little less than the straight bet to win. Again, you bet on a single dog. This time, your bet wins if he finishes anywhere in the top 3. An across-the-board bet is a combination of the above three wagers.
In this one, you pick exactly one dog and place three different bets on that dog: a win bet, a place bet and a show bet. If your dog comes in first place, you collect on all three bets. If your dog comes in second, you collect only on the place and show bets.
If your dog comes in third, you collect only on the show bet. Pick two different dogs and you win if they take first and second place. Pick the first place finishers of two different races. This bet is usually offered on the first two races of the day and you must place it before the first race begins. Similar to a daily double bet except in this one, you pick the winners of 3 different races.
Sometimes you will also see Pick 4s and Pick 6s. Those also have the same basic idea except applied to four or six different races. Some dog racing tracks offer special jackpots for the Pick 6 bet. A racetrack will set up some type of jackpot that grows each day until one person successfully picks the 1 st place finishers of six different races.
A parlay is a chain of bets spread across multiple races. If your first pick wins, the winnings automatically roll over and are applied to the bet on the next race. Parlays are difficult to win but they offer potentially massive prizes. One of the more advanced betting options in dog racing is to box a quinella, trifecta or superfecta.
This bet would allow you to pick four different dogs and then you will win if any two of those dogs take first and second place. You can pick anywhere from 3 to 8 dogs, but the more dogs you box, the more expensive the bet becomes. A keyed bet is similar to a boxed bet in that it allows you to pick multiple dogs. The difference here is that you pick one dog to take first place and then add 3 or more other dogs to take 2nd and 3 rd place in no particular order.
In a superfecta key, you pick one dog to take 1 st and then three or more dogs to take 2 nd , 3 rd and 4 th in no particular order. The main thing to keep in mind here is that the key dog MUST take first place; the remaining dogs can finish in any order. TVG and BetAmerica both have a nice simulcast system for watching live greyhound races. All you need is an account and you can watch the races in real-time. You do not need to bet or even fund your account.
There are other bets which fall under this category as you will see but the main one is just predicting who will win. The payout odds for straight bets are fairly high because predicting which dog will win is no easy task. The payout of dogs is based on the likelihood of that dog winning the race. The higher the likelihood of a certain dog winning, the lower the payout. Dogs with a lower likelihood or underdog are given a higher payout.
Betting to Win : As we explained previously, betting to win is simply predicting which dog will win the race. Betting to Place : A place bet is simply betting on the dog arriving either in second or even first place. This bet is made by more conservative punters. People who are wary of their favourite dog winning so they make a bet on dog arriving second or first place. Betting to Show : A bettor will only be paid off when his selection comes first, second or third. The proceeds that come with the show wagers are usually very small.
Across the Board : This bet is three in one. Meaning that a winning wager is when your dog wins, places, or shows, combining all three previous bets into one. The way across the board works is as follows; if the dog comes in the first place then the bet will pay for all three wagers. If the dog comes in second place, then the bet will go for only placing and showing. Finally, if the dog comes in third place the bet will pay only for showing. Exotic bets simply refer to when the bettor places a wager on more than one outcome.
You can bet on a few greyhounds simultaneously. Some exotic bets are as follows:. Daily Double Bet — This is a wager on two greyhounds to come 1st in the first and second race of the day. Quinella Bet — This is betting on two chosen dogs fill the first two places in the race. Betting on Perfecta and Exacta — This wager will collect if the two selected greyhounds will come first and 2nd in the same race exactly in the chosen order.
Betting on Trifecta — This bet has one of the highest payoffs throughout all of greyhound betting, while also being one of the most popular. This is simply due to the fact that to win it you would need to be very proficient in greyhound racing while also having a bit of luck on your side. Trifecta wager will pay off if three selected greyhounds finish 1st, 2nd, and 3rd in the same race, exactly in the predetermined order. Superfecta Bets — A step above Trifecta, this wager will payoff when 4 greyhounds take the first four places in the exact order.
Pick 3 — Here you will pick 3 greyhounds to win three different but consecutive races. To win all greyhounds must win. Pick 6 — Here a bettor is wagering on six greyhounds to win six consecutive races. Bettors like to make use of different wagers to increase their chances of winning.
Greyhound betting gives bettors a way to approach betting in a rational way. Before wagering on a greyhound you can easily see the greyhounds stats , seeing exactly who trained it, how much it weighs and its previous races. If you indulge in such a sport you will quickly start learning how to make a smart bet.
Research is very imperative so always invest some time in order to make your bet smarter and profitable. BeGambleAware GameCare. We use a self-learning algorithm which predicts outcomes of football games with high accuracy.
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