How Greyhound Betting Works
The sport has declined amid pressures from other entertainment and gambling options, but the tracks that do run still show races most days of the week.
Betting has always played an important role in greyhound racing. But with betting available, it is possible for tracks, dog racing teams and fans to share in the loot. The internet has introduced new life to the sport as the global reach of the internet makes it possible for people located anywhere to place bets on races.
The biggest issue in betting on greyhounds is finding a place to do it. The next best bet is to visit a website that accepts greyhound wagers. That leads us to the next issue — finding a site that provides greyhound wagering. Most betting sites do not follow the sport. The one operator that we recommend for greyhound racing is BetAmerica.
This is a legal and regulated website in the United States that follows both horse racing and greyhound racing. Even the illegal offshore sports and racebooks tend to focus on just sports and horses.
Both horse racing and dog racing were specifically mentioned in the UIGEA and were given a free pass. Most states decided to allow online racing betting, but a few states did opt out. You can see the list of states that allow online greyhound betting below. Online poker, sports betting and casino games were not so lucky.
Horse and dog racing sites managed to get their exemptions and have been running in the open in the US ever since. 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 at licensed betting sites. Out of those three, only BetAmerica deals with dog racing. Greyhound betting is a form of pari-mutuel wagerin g. What this means is that all wagers of a certain type are pooled together. Then, the payouts are determined based on the amount of action placed on each bet-type after the house take and taxes are removed from the pool. Parimutuel wagering is a little different than sports betting because the payouts are calculated in real-time as wagers are collected.
By comparison, regular sports betting odds are calculated ahead of time. The advantage of parimutuel wagering is that you, the bettor, do not compete against the house. The house gets its cut no matter which dogs win or how the race plays out. Your only competition is the general betting public. Betting on greyhounds is almost identical to betting on horses.
All the same types of bets that you can place on horses can also be placed on greyhounds. There are two main categories that all greyhound bets fall under: How a book handles difficult situations is what determines whether its customer support is worth anything.
For example, a player writing to say that a book unfairly cancelled his wager at the last minute puts customer support to the test. Does the site take his complaint seriously and address the issue or does it brush him off? Your first real interaction with any greyhound betting site is depositing; your last is withdrawing.
A quality racebook makes it easy for the customer at both ends. The best greyhound racing betting sites have easy-to-use deposit methods that are both fast and free. They offer multiple deposit methods and treat low-rollers and high-rollers alike with respect. Withdrawal are even more important, easy cashouts are mandatory.
There is nothing more frustrating than dealing with a racebook that slow-pays. The thinnest of margins draws the line between winning and losing punters.
One of the best things you can do for your long term success is to get the most value out of every selection. This means taking advantage of promotions, getting the best odds, and choosing the best bets across a wide range of tracks and races.
Promotions, odds, and track coverage are all things we look for when ranking greyhound betting sites. If you have two equal sites to choose from and one of them has an obviously superior betting interface, the decision is simple. UK and European greyhound racetracks work closely with dog racing betting sites to bring the full experience to your computer. Most of the major bookmakers have agreements with local tracks that allow you to watch the races in real time on your computer and participate in the betting pools hosted by each track.
The dog betting websites that we recommend for dog are all licensed by the UK Gambling Commission. These sites operate in the open and most of them have long histories that date back to before the internet even existed. These are some of the most respected racebooks in all of Europe.
In the United States, online greyhound betting is completely legal thanks to exemptions written into anti-gambling legislation. Therefore, the major US greyhound betting sites are legal and licensed to do business.
This is the optimal situation for online greyhounds betting in the US because it means you can play at sites that are headquartered in the USA. You get local help, easy-to-use banking options,and lightning fast payouts. You can even watch the races in real time thanks to partnerships between major tracks and licensed racing betting sites. You can even fund your account with bank-to-bank transfers and Paypal.
Not too much, but you can actually leverage this. Winning on either bet of a smaller amount pays more because these bets are longer odds. Leveraging can turn a novice into a pro in a hurry. Your daughter's name is Amy, the dog's name is Chasing Amy, therefore you think the universe is telling you that "Amy" is the winning ticket! You'd be surprised at how many people fall into this trap. We're in no way trying to be rude, but mysticism doesn't exist.
There are no universal whispers coming through on a dog track. There's only dogs in a good position to win, and the rest of the field. Don't fall into this association with names, numbers, or any other superstition. It's a quick way to lose. There is no guaranteed way to always pick winners, but research is undoubtedly your best bet. Research the dogs in the field, see how they run on dirt vs. See how well the dogs practice.
All this info will be available via a reputable racebook. If you're willing to put in the time to research, you can make better picks and ultimately win. We can help tell you in which direction to look, but we cannot do the legwork for you in this regard. Greyhound Betting Online wants to help guide you through the process as a beginner. We hope we have touched on all the aspects you will need to get started.
If we can add anything else, it would be this: Let us point you in the direction of a reputable racebook. You don't have to waste your time researching in this regard; you can simply follow our lead. Greyhound Betting Guide For The genre of greyhound racing may not be as large as the poker or online casino genre, but that still doesn't mean it isn't large.
Friendly Greyhound Betting Site. They are a full service online racebook offering wagering options of horses and greyhound races from all over the world. And they are mobile friendly which means you can bet on the go anytime. This site is for informational purposes only.
Please check with your local laws as to whether or not betting greyhounds is legal in your area.
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