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.
Sunday, April 22, 2012
Interview with World Series of Greyhound Handicapping Champion 2011
Sunday, April 15, 2012
Hollywood Dog Track to Test Single Pool Wagering
This is the headline from the article linked here
When I read this headline I was somewhat interested as I know Jim Smith with bigjackpotbetting.com has been pushing for a 'win only' wager. I fully support the win only wager. As a professional player I would much rather be able to only pick one greyhound and have a large enough pool to bet into that I could show decent returns on my wagers. But alas it is not to be. They are testing this on the trifecta pool.
Based on the pools last week this would have meant a $11k trifecta pool which isn't extraordinary by any stretch of the imagination. An $11k win pool on the other hand would have been an oddity worth talking about and wagering in. I don't understand the thinking here. I really don't get it.
I already have a home for $10k plus trifecta pools. And I'm comfortable at that home. Mardi Gras on the other hand is a track I struggle with. So I won't be dumping large amounts of money into their $10k plus trifecta pool. On the other hand, I would have eagerly made a $100 win bet into a $10k plus win pool. And I would play that pool regularly.
How does this affect the casual player? Think about it. Most casual players aren't betting the trifecta pool. They are making Win/Place bets and betting the quinella pool. That's what they do. Where do you think they will go when the trifecta wager only race comes up? I don't know. I hope they would give it a shot. Some of them will. I suspect most will just go play the slots though.
I'm not trying to demean Mardi Gras greyhound park by any means. I really appreciate the steps they have taken to cater to the player. The lower take out on w/p/s wagers was appreciated. The other things they are doing at the track and online have been appreciated. They are taking chances and breaking new ground in a sport that has typically been happy with the status quo or worse, making things worse for the player year after year.
Kudos! Hollywood. Kudos on not being afraid to shake it up. Thanks for your courage. But I must admit I don't get this move. I really don't get it at all.
Learn to play and win....www.greyhoundtracktips.com
When I read this headline I was somewhat interested as I know Jim Smith with bigjackpotbetting.com has been pushing for a 'win only' wager. I fully support the win only wager. As a professional player I would much rather be able to only pick one greyhound and have a large enough pool to bet into that I could show decent returns on my wagers. But alas it is not to be. They are testing this on the trifecta pool.
Based on the pools last week this would have meant a $11k trifecta pool which isn't extraordinary by any stretch of the imagination. An $11k win pool on the other hand would have been an oddity worth talking about and wagering in. I don't understand the thinking here. I really don't get it.
I already have a home for $10k plus trifecta pools. And I'm comfortable at that home. Mardi Gras on the other hand is a track I struggle with. So I won't be dumping large amounts of money into their $10k plus trifecta pool. On the other hand, I would have eagerly made a $100 win bet into a $10k plus win pool. And I would play that pool regularly.
How does this affect the casual player? Think about it. Most casual players aren't betting the trifecta pool. They are making Win/Place bets and betting the quinella pool. That's what they do. Where do you think they will go when the trifecta wager only race comes up? I don't know. I hope they would give it a shot. Some of them will. I suspect most will just go play the slots though.
I'm not trying to demean Mardi Gras greyhound park by any means. I really appreciate the steps they have taken to cater to the player. The lower take out on w/p/s wagers was appreciated. The other things they are doing at the track and online have been appreciated. They are taking chances and breaking new ground in a sport that has typically been happy with the status quo or worse, making things worse for the player year after year.
Kudos! Hollywood. Kudos on not being afraid to shake it up. Thanks for your courage. But I must admit I don't get this move. I really don't get it at all.
Learn to play and win....www.greyhoundtracktips.com
Tuesday, October 25, 2011
Close counts in greyhound racing
To be successful in greyhound wagering you must have a chest full of 'tools' to help you be successful. A few items on this list should be:
1. Proper Bankroll
2. Ability to find power keys
3. Ability to find Value keys
There are many more. Today I will discuss Value keys. In my daily grind as a professional handicapper I rely on POWER KEYS for more than half of my wagering profits. These keys win a high percentage of the time but are usually chalk (betting favorites). I leverage my ability to spot them and play them with a mathematically advantaged wager structure. In short, I hit the exotic wagers with less combinations bet than the average person playing the race. Their wasted wagers/combinations wind up in my pocket as profits.
Value keys come from several different insights. The easiest to spot is the 'close' greyhound. Let's assume you have a race with a really strong greyhound. When you compare this greyhound to the others in the race you see that there is one or two others that are very close in speed and ability. Now the obvious greyhound may go off at 2/1 odds or less, but these other 'close' contenders may go off and 5/1, 9/1 or even higher. If you can learn to spot these races and track them you will find that the obvious greyhound doesn't really win at a significantly higher rate than the others that are close. But you are getting a lot higher odds on the close contenders. So what is your strategy here?
I would say you dump the chalk and play the VALUE hounds in that race. You may find when the chalk key wins the trifecta may only pay $50 or $100. But when the CLOSE contenders with it could pay $500 or higher. This is especially true when the obvious chalk missed the board (which happens often!) So you should always have a combination or two played that takes into account the chalk greyhound not even making the money.
Be smart and you will see that CLOSE counts in horseshoes AND greyhound racing!
I train the most talented and profitable group of greyhound players anywhere. We would love to have you join us. For about the cost of one good wager a month you can be a member too. Even better you will move from being a losing player to being a profitable player. I have a couple of slots open right now which is rare and won't last long. I cap my membership at 35 players.
www.greyhoundtracktips.com
1. Proper Bankroll
2. Ability to find power keys
3. Ability to find Value keys
There are many more. Today I will discuss Value keys. In my daily grind as a professional handicapper I rely on POWER KEYS for more than half of my wagering profits. These keys win a high percentage of the time but are usually chalk (betting favorites). I leverage my ability to spot them and play them with a mathematically advantaged wager structure. In short, I hit the exotic wagers with less combinations bet than the average person playing the race. Their wasted wagers/combinations wind up in my pocket as profits.
Value keys come from several different insights. The easiest to spot is the 'close' greyhound. Let's assume you have a race with a really strong greyhound. When you compare this greyhound to the others in the race you see that there is one or two others that are very close in speed and ability. Now the obvious greyhound may go off at 2/1 odds or less, but these other 'close' contenders may go off and 5/1, 9/1 or even higher. If you can learn to spot these races and track them you will find that the obvious greyhound doesn't really win at a significantly higher rate than the others that are close. But you are getting a lot higher odds on the close contenders. So what is your strategy here?
I would say you dump the chalk and play the VALUE hounds in that race. You may find when the chalk key wins the trifecta may only pay $50 or $100. But when the CLOSE contenders with it could pay $500 or higher. This is especially true when the obvious chalk missed the board (which happens often!) So you should always have a combination or two played that takes into account the chalk greyhound not even making the money.
Be smart and you will see that CLOSE counts in horseshoes AND greyhound racing!
I train the most talented and profitable group of greyhound players anywhere. We would love to have you join us. For about the cost of one good wager a month you can be a member too. Even better you will move from being a losing player to being a profitable player. I have a couple of slots open right now which is rare and won't last long. I cap my membership at 35 players.
www.greyhoundtracktips.com
Sunday, October 9, 2011
Using Quickdog handicapping software - backtesting
At my website I teach people how to use Quickdog software as a tool to win. In my opinion NO software can pick winners for you and make you profitable. But Quickdog can put all of the tools, information and stats you need at your fingertips to help you handicap to win! On my site I teach players every aspect of winning. Handicapping, playing trifecta's, wager structuring, bankroll management, how to know what races to play and what races to pass. It is a 100% comprehensive university for greyhound players. But many people ask me about the basics of quickdog. I try to provide as much free assistance to players each year as I can. Below is a link to a 20 minute video on some of the features of quickdog. It is Part 1 of a 3 part series on backtesting. I hope you enjoy it.
http://greyhoundtracktips.com/backtesting01/
http://greyhoundtracktips.com/backtesting01/
Monday, October 3, 2011
Greyhound wagering is as easy as you make it
In nearly 10 years of working with people and helping them become profitable playing greyhounds I have learned one thing: Everyone has something that they do pretty well. The only players this doesn't apply to is someone who just started playing greyhounds this week. If you have been trying for several months or years then YOU have something that you do pretty well.
The easiest way to start making money right now (or at least start limiting your losses) is to evaluate what you do well and then do more of it!
The first step in this process is to keep records. Every race that you play (or play on paper) you need a record of your picks, your wagers, your wins and losses, what grade the race was and the distance of the race. In the old days keeping records was a nightmare. With computers and spreadsheets so readily available now and so easy to learn, there is no excuse for not keeping records.
Maybe you see you can pick the winner a high percentage of the time in Grade A. Or you hit the exacta in grade A a high percentage of the time. It could be that you are really doing well in maiden races. Look at everything from every angle and put your money where you have the best chance of winning!
If you see that you are losing 95% on Grade C races at 660 yards....DONT PLAY THEM ANYMORE. You can keep playing them on paper and figure out how to make money. But don't bet another real dollar until you figure it out. Take the money you would be betting on these races you have no record of being profitable in and add it to your wagers on the races you are doing well at.
Being profitable is hard but it isn't difficult. Using some good ole common sense is your best bet.
I teach people how to play profitably. You will learn more than you ever have before when you become one of my members. www.greyhoundtracktips.com
Stop Losing. Start winning. Let me help you.
The easiest way to start making money right now (or at least start limiting your losses) is to evaluate what you do well and then do more of it!
The first step in this process is to keep records. Every race that you play (or play on paper) you need a record of your picks, your wagers, your wins and losses, what grade the race was and the distance of the race. In the old days keeping records was a nightmare. With computers and spreadsheets so readily available now and so easy to learn, there is no excuse for not keeping records.
Maybe you see you can pick the winner a high percentage of the time in Grade A. Or you hit the exacta in grade A a high percentage of the time. It could be that you are really doing well in maiden races. Look at everything from every angle and put your money where you have the best chance of winning!
If you see that you are losing 95% on Grade C races at 660 yards....DONT PLAY THEM ANYMORE. You can keep playing them on paper and figure out how to make money. But don't bet another real dollar until you figure it out. Take the money you would be betting on these races you have no record of being profitable in and add it to your wagers on the races you are doing well at.
Being profitable is hard but it isn't difficult. Using some good ole common sense is your best bet.
I teach people how to play profitably. You will learn more than you ever have before when you become one of my members. www.greyhoundtracktips.com
Stop Losing. Start winning. Let me help you.
Thursday, September 22, 2011
What is more important. Handicapping or wagering?
This may be the easiest question I have ever answered about playing the greyhounds. Wagering is by far the most important thing that will affect your profit and ROI.
If I were in a contest that required me to place wagers on handicappers and who would do best over time, I would bet all my money on the modest handicapper with outstanding wagering skills over the worlds best handicapper with poor wagering skills. How important is wagering? I'll give you a real life example from today. I had a member of my pro greyhound training site , www.greyhoundtracktips.com , ask me about races to play today. I told him I would give him my best race of the day but he should apply the things he had learned so far to play it the best he could. At the end of the day we would compare notes on how he played it, how I played it and make adjustments to his process as needed.
The race was Palm Beach Matinee Race 3 (todays date 9/22/11)
We just talked a few minutes ago and here is how he played the race:
$3 1/8/A
$3 1/A/8
$5 exacta 1/28
He hit the race. His total wager cost $46 (in our first conversation based on his bankroll I advised him to shoot for an investment of around $50 on the race). His return was $100.10 for a profit of $54.10
Now that is very respectable. He made OVER 100% ROI on this race. In our discussion I first congratulated him on picking it right and getting a very respectable return on his wager. And then I shared my wager.
The reason I thought writing about this today is because we had the exact same dogs narrowed down for our play. So his picks were exactly like mine. The only difference was how we wagered it. Here is my wager
$3 1/28/28
$2 1/A/28
$10 Exacta 1/28
My total wager was $50 exactly. My return was $180.50 for a $130.50 profit. For the same investment I made nearly triple the profit and ROI for my wager.
Now I'm not saying I would always wager better than him on an individual race. There would be some races I might actually miss or only hit small on a single line of wagering that he would get paid and I wouldn't or get very little. But what I did do, and what I always try to do is MAXIMIZE my return when I am RIGHT!
If I could ask you one question that might help improve your returns it would be this. Do you ever make a straight trifecta wager? If not you should. You need to handicap the race the best you can and then make a wager that reflects you being right. Why? A straight tri is only $2. And you won't be exactly right a lot of the time. But when you are right, your ROI on that single line will be massive compared to your $12 line where you hit it for a $1 payoff. So spread your wagers and make sure at least ONE of your wagers will reward you when you are EXACTLY right!
This is how pro's maximize profits. Thats what we teach and live at www.greyhoundtracktips.com
We'd love to have you join the ONLY online training university for greyhound players.
If I were in a contest that required me to place wagers on handicappers and who would do best over time, I would bet all my money on the modest handicapper with outstanding wagering skills over the worlds best handicapper with poor wagering skills. How important is wagering? I'll give you a real life example from today. I had a member of my pro greyhound training site , www.greyhoundtracktips.com , ask me about races to play today. I told him I would give him my best race of the day but he should apply the things he had learned so far to play it the best he could. At the end of the day we would compare notes on how he played it, how I played it and make adjustments to his process as needed.
The race was Palm Beach Matinee Race 3 (todays date 9/22/11)
We just talked a few minutes ago and here is how he played the race:
$3 1/8/A
$3 1/A/8
$5 exacta 1/28
He hit the race. His total wager cost $46 (in our first conversation based on his bankroll I advised him to shoot for an investment of around $50 on the race). His return was $100.10 for a profit of $54.10
Now that is very respectable. He made OVER 100% ROI on this race. In our discussion I first congratulated him on picking it right and getting a very respectable return on his wager. And then I shared my wager.
The reason I thought writing about this today is because we had the exact same dogs narrowed down for our play. So his picks were exactly like mine. The only difference was how we wagered it. Here is my wager
$3 1/28/28
$2 1/A/28
$10 Exacta 1/28
My total wager was $50 exactly. My return was $180.50 for a $130.50 profit. For the same investment I made nearly triple the profit and ROI for my wager.
Now I'm not saying I would always wager better than him on an individual race. There would be some races I might actually miss or only hit small on a single line of wagering that he would get paid and I wouldn't or get very little. But what I did do, and what I always try to do is MAXIMIZE my return when I am RIGHT!
If I could ask you one question that might help improve your returns it would be this. Do you ever make a straight trifecta wager? If not you should. You need to handicap the race the best you can and then make a wager that reflects you being right. Why? A straight tri is only $2. And you won't be exactly right a lot of the time. But when you are right, your ROI on that single line will be massive compared to your $12 line where you hit it for a $1 payoff. So spread your wagers and make sure at least ONE of your wagers will reward you when you are EXACTLY right!
This is how pro's maximize profits. Thats what we teach and live at www.greyhoundtracktips.com
We'd love to have you join the ONLY online training university for greyhound players.
Sunday, August 14, 2011
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