10 Secrets to Winning More Greyhound Races
ONE: STOP PLAYING EVERY CONTEST!
It doesn’t matter what your skill level is. It doesn’t matter what method you offer us. If you use software or if you scratch the program with a pencil, this tip will instantly help you start losing LESS and start winning MORE!
When you play each race, your advantage (or disadvantage) changes with each race. You divide your play bank between contests where you may have a large advantage, and contests where you may have ZERO advantage. STOP!
For example, let’s say you have a gaming budget of $100. On an average card of 15 races 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 map. That’s my average and I’m VERY GOOD at what I do. So let’s assume you have almost 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 where you have a real advantage. These are races where you have a big lead for the winner. You also have great prospects for some secondary runners that will allow you to play an exacta or trifecta at a reasonable cost. Let’s compare a possible outcome.
Expected advantage 25%. It’s a fictional advantage, but I think it’s reasonable and we need something to work with.
12 races played at $6.66 per race with no advantage means you lose $79.92
3 $6.66 races played for a total of $19.98 played. With 25% advantage means $4.99 profit.
$19.98
+ 4.99
———
$24.97 in winnings + original bet
-79.92
——–
-$54.95 per losing 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% advantage on your best races if you ONLY play them
3 races played for a total of $100.
25% advantage means $25 profit.
$125 per 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 bank, abilities, 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 types of things should be in your plan? Here are a few
Bankroll
How much can you afford to play per month? Break it down by week, day and race. Then stick to that plan. Play ONLY this amount per race and do not change. At the beginning of the next month, if your bank has increased, then re-evaluate by month, week, day, race and stick to that plan again.
Method
Find out what you do best. The stick with it. Don’t get really good at exacta then suddenly decide to play superfecta one day. You haven’t proven your super-perfect 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. What I do is play hounds. I still play on paper. I mainly play trifecta, but I’m always looking for ways to increase my winnings. I am currently looking at the profitability of playing exacta’s. So while I play real money for a living, I keep a running track of the exacta on paper. When and if I think it’s profitable, I’ll start playing for real money. There’s 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 winning player. What kind of player do you want to be?
FOUR: PLAY COMPETITIONS ONLY WITH FULL INFORMATION
So you find yourself racing a monstrous key dog. You really want to play the trifecta and collect a lot of money!! There is one problem with this race. This is a route race and 4 of the other greyhounds in this race have never run the route. So you try in every way to find out how these 4 greyhounds will run in the race at this new distance. You make your game and your key wins by a mile! Awesome! But you didn’t have the trifecta. It’s not even close. Why? You played in a race that you didn’t have enough information about to make a good decision. STOP DOING THIS!
FIVE: PLAY COMPETITIONS ONLY WHEN YOU KNOW THE WINNER
Every time I say that to a player, they laugh at me. “If I knew who the winners were going to be without a shadow of a doubt, I’d be rich!” Obviously, you can’t know with 100% certainty whether the hound will win. But you CAN know if you have a likely winner. And you must play this winner.
Some players watch a race and their logic goes something like this…
IF 1 breaks, he can win. IF the 8 hits the rail, he can win. IF the 5 gets behind the 1 before the move, it will move into the stretch and win. So I have to drop 185 on top with blah blah blah. THEY do NOT know which dog will win in this scenario! They don’t HAVE to play this race.
SIX: KEEP RECORDS… ALWAYS
How much money did you lose playing hounds last year? How much did you win? you do not know
I’M DOING IT.
And every winning player knows EXACTLY how much they won or lost last week, last month, last year and 5 years ago.
Without records you CANNOT know if you are getting better, worse or the same.
Document every race you play in a spreadsheet. Document how you played it, for how much and what the score was. Do this every time you play.
The ONLY way to know what works for you and what doesn’t is to have records.
KEEP RECORDS!
SEVEN: PLAY WHERE YOU GET A DISCOUNT
There are several places to play hounds online. Some of them give you a rebate for every dollar you wager. Some of them don’t. In fact, the largest online ADW site gives you nothing for your business.
I get 14% back on every dollar wagered! 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…that’s actually a 74% ROI because of the discount.
If you are a smooth player… you could actually be a winning player. Just by matching your bets, you could actually win 14% of your action. That’s better than any CD rate you’ll get by putting your money in a bank.
PLAY WHERE YOU’LL GET A DISCOUNT!
EIGHT: DON’T CHASE YOUR LOSSES
So you’ve lost all your money by 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!
WRONG!
You lost today. You played the races where you had the biggest advantage because you had a plan (remember tip #2?)
If you have a plan and you’re going broke today, stop. Your day is over. The only thing chasing losses will do is dig yourself a deeper hole to climb out of. Keep the hole shallow. This is your best chance to win.
NINE: STOP LYING TO YOURSELF
Every gambler (myself included) has said this: “I broke even.” When I first started betting, it seems like I broke even every week, every year for about 5 years. The truth is, when I look back and try to piece together my actual results, I lost tens of thousands of dollars.
If you’re a winning player but have a spouse who doesn’t understand variance and swings, then it might be a good idea to tell him/her you’ve failed, if only to keep the peace. But when you convince yourself that you’re always breaking up, even then you’re deceiving yourself from reality. This reality will make you improve, learn more, study, try harder and become determined to win.
I attribute my success to nothing more than determination. I have worked with many people over the years to help them become winners. The main thing they need to understand is that you cannot become a winning player in a week. I’m sorry! It won’t do.
The “best” of anything takes work. And becoming a successful gambler requires a lot more than most professions. Not only do you have to acquire the skills necessary to win, you have to overcome a host of psychological issues. After almost two decades of being a winning player, I still have to struggle with the psychological aspect of the game. Stripes are produced in both directions. Win and lose. I’m not some god of gambling when I’m on an unreal winning streak and I’m not a losing player on an extended losing streak.
The thing that I am…always…honest with myself. I keep records and review my game. Am I the reason I’m losing more than expected or is it just a variation? These things I should always know as a player.
Be honest with yourself about how well you play. Strive to improve.
TEN: LEARN FROM THE WINNERS
One of the biggest steps I took on my journey to becoming a winning player was getting to know someone who was already a winner. His name was LJ. He taught me so much about the game. I will always remember him. LJ received his award in 2006, but the impact he had on my life continues.
If you go to the track, everyone there is a winner. Just ask them. It’s funny how anyone can win when it’s a zero sum game. In a reciprocal system like greyhound racing, someone has to lose in order for someone else to win. So I’m not telling you to look to a puffed-up, loud braggart on the runway for reference. I tell you to find a real winning player to help mentor you. This will save you so much money, time and aggravation in the long run.
We help people become profitable players at Greyhound Track Tips. If I can help you, please don’t hesitate to ask!
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