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Feora Max. Savana Cody. Rockburst Mike. Hopes Bullet. Amazing Wink. Place your bets and enjoy the highest quality video feed available from all the top greyhound racing tracks. Watch up to three greyhound races at a time! Earn valuable Cash Rewards when you bet greyhounds! Other online Race Books claim the same, but if you look at our Greyhound Racing Rebates you will see the difference.
Make cash back at many greyhound tracks - win or lose! Learn More. All wagers through the OTB website are delivered electronically and commingled with host track pools, with all winning wagers paid at full track odds. Account: Forgot. PIN Forgot. Greyhound Racing Betting Online. OTB is U. Based , Legal, Licensed and Regulated. Fast enrollment system gets you wagering in minutes.
Whilst these odds are not translated into probabilities, you can simply do this translation in the spreadsheet provided above and write it in the racebook. For example, the expected return from betting heads at even money on , coin flips is zero. In many cases, such as the flip of a coin, the edge does not exist deeming any betting participation as futile.
In greyhound racing, an edge might be gained from analysing the form guide at length handicapping or even employing a professional tipping service. On course, Wentworth Park subscribes to the tipping services of the curiously named Giddy-Up which is designed largely to provide theoretical prices for each runner rather than clear cut race winners and speed maps. If punters can secure better odds than their model predicts, they may have an edge. The service is located on screens in the bookmakers' betting ring.
If a punter believes a greyhound is paying overs a price greater than their estimated price the greyhound should be running at , the punter should then calculate what percentage of their bankroll should be gambled on the runner. This is largely overlooked by most racetrack followers.
It is what we refer to as the Risk Management process or Stage 2 of the betting process. Whilst the original Kelly paper detailing how the formula was derived will be too difficult for most readers to understand, the end formula is quite simply:.
We provide an example excel spreadsheet below and recommend readers experiment with inputs to get a feel for the model. The main caveat with the system, and any modelling system, is that the data input the edge needs to be reasonably accurate. Garbage in, Garbage Out! We believe the Giddy Up service provides adequate speed maps and pricing for each runner that punters can use as a starting point to help gain an edge.
It perhaps works best when Giddy Up's second and third favourites are mispriced by the market because too much money is directed at the favourite. An example of the Giddy Up screen is shown below. In this example, the fixed odds available for Black Magic Opal are slightly above the Giddy-Up estimate. For more optimal results, the system would likely work better if two parties manage it, one providing the probabilities of winning and the other the Risk Manager entering the data inputs and executing the bet.
This is because the formula can produce outlay amounts that may not be intuitive, especially should your bankroll grow and the outlays for each bet become much bigger. The model will also produce wild swings in balances that can throw a punter's confidence in the system, setting back punters or producing significant short term growth that instils an unrealistic level of confidence in the system which subsequently distorts future inputs.
When this occurs, punters can lack the discipline required and either ignore the recommendation or revise their probability inputs so that a bet can be made. Alternatively, punters can lay the favourite using Ladbrokes. An example excel spreadsheet model of the Kelly Formula can be downloaded here. Disclaimer: Use at your own risk. The information above is of a very general nature and is provided as a guide only. The usual disclaimers regarding no acceptance or responsibility for accuracy apply, including the use of the sample excel spreadsheet.
The John Kelly Formula is merely a tool amongst many that may be of use to some gamblers. Giddy-Up also provides no guarantee that their service will generate any return in isolation. Giddy-Up is a service we subscribe to and we have no affiliation with beyond that subscription.
See here for more information regarding problem gambling. If less than 8 runners, a place bet pays on only 1st and 2nd placings. You can add more greyhounds to the mix to improve your chances. You can pick between 4 or 8 greyhounds in your bet. Don't feel embarrassed! You can select 'fixed price odds' which guarantees your price when you make your bet note that all on-course Bookmakers provide fixed price odds.
Mobile exclusive. Min odds Evs. First bet only. Free bets expire in 7 days. Payment method restrictions. UK customers only. First bet must be on Sports. Payment restrictions apply. SMS validation may be required. PayPal and Card Payments only. Please Gamble Responsibly.
Tote and Pool excluded. Must be placed within 14 days of account reg. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. We will announce the latest odds for the Irish Greyhound Derby when they are available, as well as our expert betting tips and predictions.
Do you prefer betting on football? It's free to use and uses a data-driven Football Formula to increase accuracy and reliability! As one of the biggest occasions for Irish bookmakers , you'll be glad to know that there is no shortage of fantastic Irish Greyhound Derby betting opportunities, some of which we have listed below.
A bet to win outright is nothing more complicated than to bet on the winning dog. Forecast betting is where bettors make a prediction on the first two dogs to finish the race — that is to say, the winning dog and the runner up. Note: the bet can only pay out if the punter has also predicted the correct finishing order. If they wish to, punters can double their stake and place a reverse forecast, which means that the same two dogs can finish in the top two places in any order.
Like the forecast, a tricast is a finishers bet; only this time, it is on the first three dogs , rather than just the two.