The correct amount to wager depends on several thing. When people ask what makes us different at www.greyhoundtracktips.com I tell them it's because we cover important things like this. No one else does.
1. When you are a novice player with a small bankroll your bets should be based on only one thing. The size of your bankroll. You should never bet more than 5% of your betting bankroll on a single race. 2% is the most optimum.
2. When your bankroll grows some your priority changes to betting according to your advantage. Your skill will also have grown. You will bet more on races where you have a huge advantage and less in races where you have a small advantage.
3. When you have the maximum bankroll and knowledge you will be looking to bet the maximum that the pool you are betting into can withstand. You will want to extract as much money from that pool as possible while maintaining a minimum return for your wager.
Those are the guidelines. It is more complicated than that because you must know how to bet. You must know what your advantage is in a race. You must know what pool wagering ratios are and what the minimum return is. But now you know where to start. If you want to know more than just a starting point we'd be glad to teach you at www.greyhoundtracktips.com
About the author
- Pup
- I am a professional gambler. My income is derived from several forms of gambling, primarily greyhound racing. I offer greyhound tips and greyhound handicapping training.
Wednesday, March 23, 2011
Tuesday, March 22, 2011
Vote to support greyhound racing
It is possible that this great sport we love could disappear soon. Make your voice heard. If you live in Florida please contact your representative and let them know you support greyhound racing! You can also vote in this poll a local florida tv station is conducting.
VOTE HERE
VOTE HERE
Monday, March 21, 2011
Greyhound tips, picks and software
I get more questions about greyhound picks, greyhound tips and greyhound software. Everyone wants to know which of these will give them winners. The answer is ALL of them will give you winners. But here is what NONE of them will do.
NONE of them will tell you what races to play
NONE of them will tell you how to structure your wager
NONE of them will teach you bankroll management
NONE of them will help you with the psychology of gambling
NONE of them will let you walk beside a professional player and learn
www.greyhoundtracktips.com DOES do these things. If you have tried all else, why not try the only online greyhound university?
NONE of them will tell you what races to play
NONE of them will tell you how to structure your wager
NONE of them will teach you bankroll management
NONE of them will help you with the psychology of gambling
NONE of them will let you walk beside a professional player and learn
www.greyhoundtracktips.com DOES do these things. If you have tried all else, why not try the only online greyhound university?
Sunday, March 20, 2011
How many tools are in your handicapping toolbox?
When I first started playing the greyhounds at the greyhound track I only knew speed. Back in those days I would take a calculator and add the running times of each greyhound up, divide by the number of races and get an average. That was the extent of my handicapping abilities, and it picks a fair amount of winners, but they are usually the chalk of the race. The worst problem is that it is only one tool in a toolbox that needs to be full of handicapping tricks.
I later learned about the importance of class, post position and other things. As I got better at handicapping my toolbox filled up. The thing I LOVE about greyhound racing is that no matter how long I play I can still learn more. I am always searching for something to give me an extra edge over the other players at the track.
My advice to players who want to win but aren't is to play less races. Play the TYPES of races you know you are good at playing. As your tookbox grows so will the number of races you can play. One day you will reach a level so you can play 50% or 60% of the races profitably.
I founded www.greyhoundtracktips.com to help players fill up their toolbox of handicapping skills. That is why we call it an online greyhound university. It's much more than a pick sheet or some pithy advice. It is an on going education. I mean, it took me nearly a decade of serious study and many losing years to learn to play profitably. I can tell you now that you won't learn to be a winner in a week, month or more. We are there for the long haul at greyhoundtracktips.com. You come in as a losing player and you learn at your own pace. And our goal is to have you leave us a winning player.
How full is your toolbox?
I later learned about the importance of class, post position and other things. As I got better at handicapping my toolbox filled up. The thing I LOVE about greyhound racing is that no matter how long I play I can still learn more. I am always searching for something to give me an extra edge over the other players at the track.
My advice to players who want to win but aren't is to play less races. Play the TYPES of races you know you are good at playing. As your tookbox grows so will the number of races you can play. One day you will reach a level so you can play 50% or 60% of the races profitably.
I founded www.greyhoundtracktips.com to help players fill up their toolbox of handicapping skills. That is why we call it an online greyhound university. It's much more than a pick sheet or some pithy advice. It is an on going education. I mean, it took me nearly a decade of serious study and many losing years to learn to play profitably. I can tell you now that you won't learn to be a winner in a week, month or more. We are there for the long haul at greyhoundtracktips.com. You come in as a losing player and you learn at your own pace. And our goal is to have you leave us a winning player.
How full is your toolbox?
Saturday, March 19, 2011
Don't ignore the obvious when handicapping
While playing tonight and chatting with other players in the chatroom something became obvious to me. Sometimes you just can't ignore the obvious. If you had a sure fire way of hitting the winner in a race 41% of the time, with NO effort on your part...why wouldn't you? I don't know the answer to that question.
Most tracks have updated stats on their website so you can check post position wins. If you use software like Quickdog you can also keep these stats yourself. If you check out the most recent stats for Palm Beach located here, you can do a little math and follow along with me.
The stats for the 660 races show that the 1 and 2 position combined win 41% of the time. Yep, with no other factors you can hit the winner 41% of the time at PB in these races by simply playing the 1 and 2 dog to win.
I was playing MG tonight (where the stats are similar) and I hit some pretty nice winners and trifecta's by using this rule. In one of the races the 2 dog was around 15/1 and the 1 dog was 7/1. The 1 dog won and the trifecta paid handsomely.
The point is, don't go reinventing the wheel. not just in this instance, but in any instance where you KNOW something. Do what you know!
Check us out at www.greyhoundtracktips.com to learn how to win at the track. It's what we do!
Most tracks have updated stats on their website so you can check post position wins. If you use software like Quickdog you can also keep these stats yourself. If you check out the most recent stats for Palm Beach located here, you can do a little math and follow along with me.
The stats for the 660 races show that the 1 and 2 position combined win 41% of the time. Yep, with no other factors you can hit the winner 41% of the time at PB in these races by simply playing the 1 and 2 dog to win.
I was playing MG tonight (where the stats are similar) and I hit some pretty nice winners and trifecta's by using this rule. In one of the races the 2 dog was around 15/1 and the 1 dog was 7/1. The 1 dog won and the trifecta paid handsomely.
The point is, don't go reinventing the wheel. not just in this instance, but in any instance where you KNOW something. Do what you know!
Check us out at www.greyhoundtracktips.com to learn how to win at the track. It's what we do!
Friday, March 18, 2011
World Series of Greyhound Handicapping
Test your skill against other players for your shot at a $10k winners pool!
BigJackpotBetting is currently accepting entries into our next contest (2011 Spring Challenge) that will be contested on-line and will commence on Tuesday Matinee April 5th. The winner of this contest will earn his or her's entry into our $10,000 World Series of Greyhound Handicapping event to be staged on-line this summer. The only way to secure one of the 16 final spots in the $10,0000 World Series of Greyhound Handicapping is to win a qualifying event such as this contest.
This contest will be limited to the first 100 people who sign up at BigJackpotBetting. If you are interested in joining this contest and competing for a berth in the $10,000 event then don't get shut out and sign up now to reserve your spot.
www.bigjackpotbetting.com
BigJackpotBetting is currently accepting entries into our next contest (2011 Spring Challenge) that will be contested on-line and will commence on Tuesday Matinee April 5th. The winner of this contest will earn his or her's entry into our $10,000 World Series of Greyhound Handicapping event to be staged on-line this summer. The only way to secure one of the 16 final spots in the $10,0000 World Series of Greyhound Handicapping is to win a qualifying event such as this contest.
This contest will be limited to the first 100 people who sign up at BigJackpotBetting. If you are interested in joining this contest and competing for a berth in the $10,000 event then don't get shut out and sign up now to reserve your spot.
www.bigjackpotbetting.com
Sunday, March 13, 2011
How many ways can you skin a cat?
I hope no one actually skins cats! It's just an old saying. There is usually more than one way to accomplish the same goal which is the subject of this blog post.
I was in the chatroom at www.bigjackpotbetting.com tonight when someone made some comments about my pick in a particular race. I might add that the pick in question won. This person, who I will concede seems to be a pretty good player from all I know, proceeded to take stabs at my play and insinuate it wouldn't be profitable if I kept playing picks like that.
If you recall my last blog post about records it will come as no surprise to you that I know what plays are profitable. It's my job to know. If I don't play profitably then my mortgage doesn't get paid, they reposess my Lincoln and confiscate my fiancee's engagement ring. I am here to tell you that I am not prepared for that to happen.
While I am 100% confident in my ability to play the greyhounds and make a living doing it I will also conceed that there are probably other ways to play and show a profit. I don't have the corner on the market when it comes to greyhound racing. But I do have a profitable line on it. And that is my point.
Do you know how profitable you are? Do you know what plays will show you profit when the year is over and which plays won't?
I do. And one of my greatest pieces of advice to you as a struggling player would be to have a goal of knowing what plays are profitable for you, and which plays aren't.
Are you keeping records?
Learn to win from a winner. www.greyhoundtracktips.com
I was in the chatroom at www.bigjackpotbetting.com tonight when someone made some comments about my pick in a particular race. I might add that the pick in question won. This person, who I will concede seems to be a pretty good player from all I know, proceeded to take stabs at my play and insinuate it wouldn't be profitable if I kept playing picks like that.
If you recall my last blog post about records it will come as no surprise to you that I know what plays are profitable. It's my job to know. If I don't play profitably then my mortgage doesn't get paid, they reposess my Lincoln and confiscate my fiancee's engagement ring. I am here to tell you that I am not prepared for that to happen.
While I am 100% confident in my ability to play the greyhounds and make a living doing it I will also conceed that there are probably other ways to play and show a profit. I don't have the corner on the market when it comes to greyhound racing. But I do have a profitable line on it. And that is my point.
Do you know how profitable you are? Do you know what plays will show you profit when the year is over and which plays won't?
I do. And one of my greatest pieces of advice to you as a struggling player would be to have a goal of knowing what plays are profitable for you, and which plays aren't.
Are you keeping records?
Learn to win from a winner. www.greyhoundtracktips.com
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