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10 Secrets to Winning More Greyhound Races
ONE: STOP PLAYING EVERY RACE!
It doesn’t matter what your skill level is. It doesn’t matter what method you use. Whether you use software or scratch the software with a pencil, this tip will help you start losing a LITTLE and start making MORE right away!
When you play each race, your advantage (or disadvantage) changes with each race. You are splitting your game bankroll between races where you can have a high edge versus races where you can have ZERO edge. STOP!
Let’s assume for example that you have a playing budget of $100. On an average 15 race card that gives you $6.66 per race. My experience is that you will rarely be able to get an advantage in more than 2 or 3 races per card. This is my average and I am very good at what I do. So let’s assume you have close to ZERO chance in 12 of those races (could be even more, but I’m going to be generous in this example and assume you have an advantage in 3 races). So you have 3 races in which you actually have an advantage. These are races where you have a huge advantage over a winner. And you also have great prospects for some secondary runners that will allow you to play the exacta or trifecta for a reasonable price. Let’s compare one possible outcome.
Estimated advantage 25%. This is an imaginary advantage, but I think it’s reasonable and we need something to work with.
12 races played at $6.66 per race with no edge means you lose $79.92
3 races played at $6.66 total $19.98 played. With a 25% edge it means $4.99 profit.
$24.97 winnings + original bet
-$54.95 per lost day
Now let’s play my way. Choose your best 3 races and play them. It doesn’t matter if you win 1, 2 or all 3 races. You know you have a 25% edge in your best races if you ONLY play them
3 races played for a total of $100.
25% advantage means $25 profit.
$125 for a winning day
As you can see… math doesn’t lie. PLAY LESS COMPETITIONS!!! EARN MORE MONEY!!!
TWO: HAVE A PLAN
Do you have a plan? A plan based on your bankroll, ability, goals? Even people who play casino games where the house ALWAYS wins can often ‘stay in the game’ for a very long time just by having a plan. In greyhound racing, the house doesn’t always win. The players do. So having a plan will put you light years ahead of other players. What kinds of things should be on your plan? Here are some
How much can you afford to play per month? Break it down by week, day and race. Then stick with this plan. Play ONLY that amount per race and don’t change. At the beginning of the next month if your bankroll has increased, then reassess it by month, week, day, race and stick to that plan again.
Figure out what you do best. Stick with it. Don’t get too good at exacta and suddenly decide to play a superfecta one day. You haven’t tried your superfecta strategy yet. Work on it. And in the meantime, keep playing what you know best.
The better your plan, the better your results will be. Guaranteed.
THREE: PLAY ON PAPER
I am a professional. Playing with hounds is what I do. I still play on paper. I mostly play trifecta’s but I’m always looking for ways to increase my winnings. Currently I am looking into the benefit of playing exacta’s. So while I’m playing real money for a living, I also keep an accurate track of the exacts on paper. When and if I find it profitable, I will start playing for real money. They one thing I’ve learned over the years… someone who doesn’t have the discipline to play on paper doesn’t have the discipline to be a profitable player. What kind of player do you want to be?
FOURTH: ONLY PLAY COMPETITIONS WITH FULL INFORMATION
So you run into a race with a monster key dog. You really want to play a trifecta and bet a ton of money!! There is a problem with this race. It is a road race and 4 of the other hounds in this race have never run the road distance. So you try every way to figure out how these 4 hounds will run the race at this new distance. You make your game and your key wins by a mile! Excellent! But you didn’t have the trifecta. Not even close. Why? You played a race that you didn’t have enough information about to make a good decision. Stop doing this!
FIVE: PLAY GORE ONLY WHEN YOU KNOW THE WINNER
Every time I tell a player that, they laugh at me. “If I knew who the winners would be, without a doubt, I would be rich!” Obviously, you cannot know with 100% certainty that a hound will win. But you CAN know if you have a potential winner. And you have to play that winner.
Some players watch a race and their logic goes something like this…
IF it breaks 1 he can win. IF the 8 hits the rail, he can win. IF the 5 lags behind the 1 before the turn, it will go into the stretch and win. So I have to play a 185 on top with blah blah blah. They don’t know which dog will win in this scenario! They should not play this race.
SIX: KEEP RECORDS… ALWAYS
How much money did you lose playing the hound last year? How much did you win? You don’t know?
And every winning player knows exactly how much they won or lost last week, last month, last year and 5 years ago.
Without data, you CANNOT know if you are getting better, worse, or the same.
Document every race you play on a chart. Document how you played it, for how much and what the score was. Do this every time you play.
The only way you’ll know what works for you and what doesn’t is by having records.
SEVEN: PLAY WHERE YOU GET DISCOUNTS
There are several places to play hounds online. Some of them give you a rebate for every dollar you bet. Some of them don’t. In fact, the largest ADW site on the Internet does not give you anything for your business.
I get 14% of every dollar I bet! They deposit it directly into my account the next day… every day.
If I have a month where I have a 60% ROI on my bets… it’s actually a 74% ROI because of the discount.
If you’re a layoff player… you might actually be a winning player. Just by breaking even on your bets, you can actually make 14% on your action. That’s better than any CD fees you’ll get by putting your money in a bank.
PLAY WHERE YOU’LL GET DISCOUNTS!
EIGHT: DON’T CHASE LOSSES
So you lost all your money on race 12. But if you deposit another $50 or go to the ATM at the track and get another $40, you can bet on race 14 and WIN!
You lost today. You played the races in which you had the best advantage because you had a plan (remember tip #2?)
If you have a plan and you fail today, stop. Your day is over. The only thing chasing losses will do is dig a deeper hole to get out. Keep the hole shallow. This is your best shot at winning.
NINE: Stop lying to yourself
Every gambler (myself included) has said this, “I went for it too.” When I first started gambling I seemed to go broke every week, every year for about 5 years. The truth is that when I look back and try to add up my actual results I have lost tens of thousands of dollars.
If you’re a winning player, but you have a spouse who doesn’t understand the inconsistency and swings, then it might be okay to tell him/her that you screwed up just to keep the peace. But when you convince yourself that you’re always broken, even then you’re cheating yourself out of reality. This reality will push you to improve, learn more, study, try harder and become determined to win.
I attribute my success to nothing more than determination. Over the years I have worked with many people to help them become winners. The main thing they need to understand is that you cannot become a winning player in a week. We are sorry! It won’t happen.
The “best” of anything takes work. And becoming a winning player takes a lot more than most professions. Not only do you have to acquire the skills necessary to win, you have a whole host of psychological issues to come. After almost two decades of being a winning player, I still have to fight the psychological aspect of the game. Streaks occur in both directions. Winning and losing. I’m not some kind of gambling god when I’m on an unrealistic winning streak, and I’m not a losing player on an extended losing streak.
The thing that I am… always… is honest with myself. I take notes and review my game. Am I the reason I’m losing more than expected or is this simple change? These things I should always know as a player.
Be honest with yourself about how well you are playing. Try to improve.
TEN: LEARN FROM THE WINNERS
One of the biggest steps I took on my way to becoming a winning player was getting to know someone who was already a winner. LJ was his name. He taught me a lot about the game. I will remember it forever. LJ passed on his reward in 2006, but the impact he made on my life continues.
If you go to the track, everyone there is a winner. Just ask them. It’s strange how everyone can win though when it’s a zero sum game. In a communal system like greyhound racing, someone has to lose for someone else to win. So I’m not telling you to look to the loud mouthed braggarts on the runway for guidance. I am telling you to find an actual winning player to help guide you. This will save you so much money, time and aggravation in the long run.
We help people become winning players at Greyhound Track Tips. If I can help you please don’t hesitate to ask!
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