Finding a profitable greyhound betting systems can give you a solid edge in the world of sports betting. There are numerous systems you can find online, but do these systems really work?
In this article, we’ll examine popular greyhound betting systems, looking at there effectiveness and potential drawbacks. Additionally I will give you two systems that I have used to make a profit, with real-life examples and results.
Popular Greyhound Betting Systems
First off let’s take a look at some of the most popular staking systems you will find for greyhound betting.
Martingale System:
- How it Works: This system involves doubling your bet after each loss, with the aim of recouping all previous losses with a single win.
- Example: If you start with a £10 bet and lose, your next bet is £20. If you lose again, bet £40, and so on.
Labouchere System:
- How it Works: Also known as the cancellation system, it involves creating a sequence of numbers (e.g., 1-2-3). You bet the sum of the first and last numbers in the sequence. If you win, remove those numbers; if you lose, add the amount lost to the end of the sequence.
- Example: With the sequence 1-2-3, your first bet is £4 (1+3). If you win, your next bet is £2 (just the middle number). If you lose, your new sequence is 1-2-3-4.
Fibonacci System:
- How it Works: Based on the Fibonacci sequence (1, 1, 2, 3, 5, 8…), this system requires increasing your bet according to the sequence after a loss and going back two steps after a win.
- Example: Start with £10. If you lose, your next bet is £10, then £20, £30, £50, and so on. After a win, you go back two steps.
D’Alembert System:
- How it Works: This system involves increasing your bet by one unit after a loss and decreasing it by one unit after a win.
- Example: If you start with a £10 bet and lose, your next bet is £11. If you win, your bet goes back to £10.
Kelly Criterion:
- How it Works: This system calculates the optimal bet size based on your bankroll and the perceived edge over the bookmaker.
- Example: If you believe you have a 60% chance of winning a bet with even odds, the Kelly formula suggests betting 20% of your bankroll.
Do These Systems Actually Work?
I have been profitability betting on sport for over 10 years now. The truth is, no staking system will work in the long run if you are not finding value in the selection you are betting. Staking systems cannot make up for bad selections, no matter how fancy or mathematical you want to make it.
Long term winners focus on finding value!
Let me give you two greyhound betting systems that enable you to do this…
Value Betting
Value betting is a proven way of profiting from the sports betting markets. It involves following sharp money and taking advantage of bookmakers that are slow to move their odds. This is a an excellent greyhound betting system that can allow you to win over the long term.
Above is an example of a Greyhound that has been getting early backing in the morning market. Bet365 however has failed to adjust their odds and are still offering 4.33 for Lough Mancini.
Every other bookmaker has shortened their price on this greyhound.
Looking at Oddschecker you can see the odds highlighted are the colour blue, which indicates that money is backing this selection. When one bookmaker is offering an outlier that is much higher then every other bookmaker. This is usually a big indicator that this selection has value.
(This selection finished with starting odds of 3.7, the 4.33 offered earlier in the day from Bet365 was great value.)
Betting on these selections over the long term is a very powerful greyhound betting system!
Greyhound Betting Tipsters System
The second system that I have used to profit from the greyhound betting markets is using Greyhound betting tipsters.
There are some excellent greyhound betting tipsters available to follow on the internet. Which makes profiting from the greyhound markets very simple. The most important factor for following these tipsters is that you have access to online bookmakers or local shops that will take your bets.
This is due to the fact that most of these tipsters send out selections early on the day. Unfortunately the betting exchanges have very little liquidity until about 5 minutes before the start of the race.
Bookmakers that are useful for greyhound betting include:
- Bet365
- Paddypower
- Betfair Sportsbook
- Coral
- Labrokes
- Unibet
There are multiple greyhound tipsters that have shown to be profitable over the long term. The best tipster that we found is called “Premier Greyhound Tips”.
| Total Bets | Stakes | Profit at Bookmakers | Profit at Betfair |
| 84 | £25 per point | £2105 | NA |
| 79 | £25 per point | NA | £1712 |
Above were our results following this tipster.
Click here to read the full review.
Overall, following long term proven winning greyhound tipsters is an excellent system. It is a time efficient way to profit from the greyhound markets.
Conclusion
There are many Greyhound betting systems offer various approaches for staking and approaching the market. The majority however lack any real value, winning money long term from sports betting requires selections to have value.
If you are looking for a greyhound betting system that wins long term, out suggestion would be to look at using:
- Value Betting
- Proven Greyhound Tipsters (with a long term winning record.)
- Low Risk Staking Method (Level stakes/adjust stake to win a certain amount)
Always remember to gamble responsibly and use a staking plan that does not leave you over exposed to the inevitable losing streaks that happen with sports betting.