How To Win at Greyhound Betting
How To Win at Greyhound Betting
How To Win at Greyhound Betting
Greyhound Betting
Samuel Blankson
How To Win At Greyhound Betting
ISBN: 1-4116-2377-0
iv
Acknowledgements
Acknowledgements
I give full thanks and all glory to GOD for all I have to
share, my wife Uju for always being there during the many
loosing days it took to create these systems and her tireless work
during the editing of this book.
v
Contents
Contents
ACKNOWLEDGEMENTS ................................................ V
CONTENTS.................................................................... VII
Introduction .................................................................................................. ix
CHAPTER 1 ...................................................................... 2
Investing in Gambling................................................................................... 3
Prerequisites................................................................................................ 4
Elliot Wave and Fibonacci Drains .............................................................. 5
Basic Greyhounds Betting Techniques....................................................... 6
Trap Repeat Technique .......................................................................... 7
Increasing profitability of Trap Repeat Technique..................... 10
Trap 2, 3 And 6 Capture Technique..................................................... 10
Increasing profitability of Trap 2, 3 and 6 Capture Technique... 12
Co-Favourite Price Erosion.................................................................. 12
Three-Grid Unnamed Favourite Crawl Technique .............................. 14
The Grids ............................................................................................. 16
CHAPTER 2 .................................................................... 20
Advanced Techniques ................................................................................. 21
The 7-Sum Chase Technique.................................................................... 21
The Triple Bottom Technique................................................................... 23
The Fibonacci Spread Technique (FST) ................................................... 23
FST on the morning greyhounds.......................................................... 24
The Single Hit Fibonacci Spread Technique (SHFST) ........................ 27
Single Bet Popular Trap Chase (SBPTC) ................................................. 29
SBPTC Contention Settlement............................................................. 32
The Grand Slammer Technique................................................................ 34
The Non-Loosing Technique (NLT)......................................................... 35
How does the NLT work...................................................................... 35
Improving On The NLT....................................................................... 40
The Ultimate Greyhound Betting System................................................. 41
SUMMARY...................................................................... 42
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How To Win At Greyhound Betting
APPENDIX ......................................................................44
Appendix 1.................................................................................................... 45
Fibonacci................................................................................................... 45
Appendix 2.................................................................................................... 47
Elliot Wave ............................................................................................... 47
NOTES ............................................................................50
viii
Introduction
Introduction
Today sports’ betting is a big industry for the book-
makers and race organisers. Of all the people who benefit from
sports racing the “punters” (or in this case you), are the last on
the list of people who consistently gain. In fact, the greyhounds
probably gain more from these races than most punters.
Why is that? Well there are many reasons but most of them
centre on these two things:
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How To Win At Greyhound Betting
Chapter 1
2
Investing in Gambling
Investing in Gambling
Greyhound betting is a very high-risk investment tool. It
has a bad name and stigma. Add to that the fact that most
gamblers are not investors, but instead, addicts of a vice and you
have a channel of investment that is dismissed as a bit of fun or a
mugs game.
The positive point about investing in gambling is that
wins are tax free in the UK, and probably are in your country as
well (check this for your country).
$50,000.00 = $961.54
52
Now put your income into the equation and see how
much you can invest. It is critical that you do not break any of
the three successful gambling rules.
There are many tipsters and gambling systems offering
gambling advice or services for a fee. Avoid them all. Almost all
of them are unscrupulous fraudsters, making promises that never
materialise, whilst running off with your money.
Try and always trade your own money, as opposed to
empowering others to trade on your behalf.
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How To Win At Greyhound Betting
Prerequisites
Before you can start investing in gambling, you will need the
following:
• http://www.willhill.com
• http://www.gamebookers.com
• http://www.Betfair.com
• http://www.PaddyPower.com
• http://www.PinnacleSports.com
• http://www.SportingOdds.com
• http://www.SportingBet.com
• https://www.betandwin.com
• http://www.Bet-At-Home.com
• http://www.bet365.com
• http://www.VictorChandler.com
• http://www.PremierBet.com
• http://www.SportingIndex.com
• http://www.Canbet.com
• http://www.Ladbrokes.com
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Investing in Gambling
• http://www.Eurobet.com
• http://www.Expekt.com
• http://www.Bets4All.com
• http://www.beteuro.com/
• http://www.coral.co.uk
• http://www.racingpost.co.uk
• http://www.willhill.com/iibs/EN/results.asp
• http://www.sportinglife.com/racing/results/ for horses
• http://www.e-tote.com/24dogs/results.php
• http://www.thedogs.co.uk/trap6/res_races.php
• http://www.willhill.com/iibs/EN/results.asp
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How To Win At Greyhound Betting
6
Investing in Gambling
Venue
Belle Vue
Brighton and Hove
Monmore Park
Brough Park
Catford
Crayford
Hall Green
Milton Keynes
Oxford
Perry Barr
Reading
Romford
Sunderland
Swindon
Walthamstow
Wimbledon
Trap
Time Venue #
11:26 Sunderland
11:34 Sheffield
11:41 Sunderland
11:48 Sheffield
11:55 Sunderland
12:02 Sheffield
12:09 Sunderland
12:16 Sheffield
12:23 Sunderland
12:29 Sheffield
12:37 Sunderland
12:44 Sheffield
12:51 Sunderland
12:58 Sheffield
13:06 Sunderland
13:12 Sheffield
13:19 Sunderland
13:27 Sheffield
13:33 Sunderland
13:44 Sheffield
8
Investing in Gambling
Next, you will see the results for the races on the 15th July 2004.
As you can see, you would have placed your bet after the results
for the 11:34 Sheffield race came in. The results via the internet
can be delayed by up to 5 minutes; therefore, you would have
missed including the 11:41 in your grid.
From the results, you can see that you would have won on the
£52 stake at 6:1 odds.
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How To Win At Greyhound Betting
Always call your bets in with the lowest stakes first. This
system requires the reversal of the race times only, NOT the
stakes.
10
Investing in Gambling
Call your bookmaker, and place a stop at the first winner bet for
the third number to appear.
11
How To Win At Greyhound Betting
Always call your bets in with the lowest stakes first. This
system requires the reversal of only the race times, NOT the
stakes.
12
Investing in Gambling
From the graphs in Figure 4-2 and Figure 4-3, you can see that
co-favourites can also erode your wins.
13
How To Win At Greyhound Betting
$10
$25
$64
14
Investing in Gambling
Remove the incomplete grid from the end of the list. Call
your bookmaker and place your bets. Make sure you tell them
you want to place a stop at the first winner bet on unnamed
favourites to win.
Place the first five stop at the first winner bets first. If
you are in profit after these five, stop betting for the day. If not,
then place the rest of bets from your grid. To show you how this
works, let us view some actual results.
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How To Win At Greyhound Betting
The Grids
Most bookmakers accept a minimum bet of £5, thus the
grid structures have a minimum starting stake of five.
Subsequent stakes after this minimum grow by a factor of two,
or as close to two as possible. Therefore, the most efficient grids
are as follows:
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Investing in Gambling
17
How To Win At Greyhound Betting
18
Investing in Gambling
19
How To Win At Greyhound Betting
Chapter 2
• Advanced Techniques
20
Advanced Techniques
Advanced Techniques
We will now look at some more advanced greyhound
betting techniques.
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How To Win At Greyhound Betting
22
Advanced Techniques
From this result, you can see that four of your three-race
grids will win, and two of them will loose. This rule stands true
for all high bet volume races. (Normally, Saturday is the highest
whilst, Monday to Thursday are average).
24
Advanced Techniques
soon as you loose a grid, stop. Wait until you spot a winning grid
before continuing.
This technique works well on horse racing too. What you
must do however, is stick to the grids, and not deviate from the
system. You will need timely race results to decide whether to
enter into the next grid or not. If you do not have the results by
the time a grid’s earliest race occurs, do not carry on. You must
wait until the next grid.
During the weekdays, the horse races can have terrible
odds on the favourites. For this reason, I prefer to invest in the
morning and sometimes afternoon, greyhound races.
As with other techniques, reverse the times of the races
for maximum profitability as illustrated in Table 4-1 and Table
4-2.
1
The 18:04 race has £0 assigned to it, as it is an incomplete grid.
26
Advanced Techniques
27
How To Win At Greyhound Betting
28
Advanced Techniques
you will need to calculate how to spread this balance across the
grid.
Multiply the total stake by 0.142857142857143 to get the
stake for the first race. Next, multiply the total stake by
0.285714285714286 to get the stake for the second race. Finally,
multiply the total stake by 0.571428571428571 to get the stake
for the last race.
As an example, if you had £750 to invest, you would do
the following:
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How To Win At Greyhound Betting
£5
£9
£15
£27
£47
£82
£144
£251
£440
£770
If you have the funds, you could use the following stakes
instead:
£25
£44
£77
£134
£234
£410
£718
£1,257
£2,199
£3,848
30
Advanced Techniques
From Table 4-4, you can see that the following trap winnings
occurred:
1 2 3 4 5 6
13 9 10 14 8 6 Appearances in 1st, 2nd, or 3rd position
6 1 6 1 2 4 1st place appearances only
the 12:09 race. You would have continued to bet on trap 3 until
near the end of the day when you would have switched back to
trap 1, after the 13:12 race. You would have won six races in
total. Remember that you are only interested in the number of
times a trap came first.
32
Advanced Techniques
1 2 3 4 5 6
6 8 8 6 5 8 Total2
0 3 5 2 3 1 2nd
3 3 3 1 1 3 1st
From the above contentions in Table 4-5, you can see that trap 3
should be used from the 15:59 race onwards (until another trap
beats it in appearances). Following on from that race, let us see
what happened.
2
Total of 1st, 2nd and 3rd position appearances
33
How To Win At Greyhound Betting
1 2 3 4 5 6
7 11 14 10 9 12 Total3
0 4 6 4 3 4 2nd
4 4 6 2 1 4 1st
As you can see from Table 4-6, trap 3 is still in possession of the
lead, and you would have carried on winning with trap 3. The
examples above are the actual results from 10th October 2004.
3
Total of 1st, 2nd and 3rd position appearances
34
Advanced Techniques
35
How To Win At Greyhound Betting
£5
£20
The third reason is that in this technique, you are betting on the
trap number that was the first in the day to appear three times.
Because of this, you always win and make money when you
win, rather than having your winnings eroded by joint favourites.
Here are the actions to take each day for this technique:
Only place a single bet each day. Some days will be a non-racing
day i.e. Christmas day, so continue on the next racing day as
normal after these non-racing days.
36
Advanced Techniques
37
How To Win At Greyhound Betting
As you can see, the more you loose, the more you risk
until eventually you win. From this grid, you will see the single
flaw in this system. You need a lot of investment capital for the
potential eventuality of a major loss. So far using this system, I
have not experienced more than eight losses in a row before a
win, but the potential is there. Luckily, if you play this system
for any amount of years, you will earn enough to be able to fund
that potential loss.
Because of the sums of money required to maintain this
system, I would not advise it for anyone who is not debt free,
financially secure, and financially independent. If you cannot
afford to invest in excess of £25,000 before you see returns, then
this technique is not for you, and you should stick to other
investments. For the few who can afford to invest a potential
£25,000, this system will make you hundreds of thousands every
year. You will need to place your bet daily, and keep track of
your winnings and losses to determine the next betting size.
If you play seven days a week, you will need a smaller
buffer for the potential losses to use this system (less than
£25,000). For those who have close to £100,000 to invest, you
can trade Mondays to Fridays only. The five-day week version
of this system will make you more money, but the losses can
often last longer.
You will not make regular large wins with this system,
but over a six-month period, you will make in excess of £50,000,
depending on your investment. The longer you use this system,
the more profits you stand to make.
Note that Friday 20th February 2004 was a non-trading day. The
win on Tuesday 24th February 2004 followed a ten betting day
loosing streak.
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How To Win At Greyhound Betting
Tip: After the second appearance of the any trap, call your
bookmaker for the race results three minutes after the races.
Bookmakers get the results two to three minutes after the race,
whilst the results on the internet appear five to eight minutes
after the race. This will give you more time to decide whether
you will be placing a bet or not.
40
Advanced Techniques
41
How To Win At Greyhound Betting
Summary
Betting is a risky business and no more so than
Greyhound betting. You have just completed a crash course in
successful Greyhound betting. The information you now know
cost me over £50,000 in losses to learn. You are lucky because it
cost you less than £100 to gain the same knowledge. I hope you
use it wisely. Remember knowing the technique is not enough.
You also have to apply greed management in order to win in
Greyhound betting.
You have been given over eight techniques to use when
betting on Greyhound races. Treat them as your box of tools and
use them as such. Remember if at any stage, you have two or
three loosing days, STOP. Analyse your self to see where you
may be going wrong. If you cannot find fault in what you are
doing then remember the Fibonacci drain principle. Wait and
monitor the race results until your system begins to work again,
then, and only then, should you get back in the play.
Greyhound betting, like any investment type, requires
dedication, discipline and most importantly, accurate monitoring
of statistics. If you are not keeping accurate result sheets for
each betting session, you may not be able to argue with
bookmakers over incorrectly placed bets or review your
performance in order to improve.
You have been shown techniques that, as a set, work
under all market conditions. So if one particular technique is not
working well on a particular day (remember the “drain”) switch
to another. I like to use any of the trap systems and switch to an
unnamed favourite system when the trap system experiences a
“drain”.
I wish you the best of luck using these techniques, and
hope you too can benefit from consistent and regular winning
days whilst engaged in Greyhound betting.
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How To Win At Greyhound Betting
Appendix
44
Appendices
Appendix 1
Fibonacci
Fibonacci is the nickname of the 1170AD born Algerian
Educated Italian mathematician. For a full break down of
Leonardo Pisano’s (Fibonacci) achievements go to;
http://www-groups.dcs.st-and.ac.uk/~history/Mathematicians/
Fibonacci.html
Simply put, if you start with 1 and add the last 2 numbers you
will get the series;
1 0.000000000000000
2 0.500000000000000
3 0.666666666666667
5 0.600000000000000
8 0.625000000000000
13 0.615384615384615
21 0.619047619047619
34 0.617647058823529
55 0.618181818181818
89 0.617977528089888
144 0.618055555555556
233 0.618025751072961
377 0.618037135278515
610 0.618032786885246
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How To Win At Greyhound Betting
987 0.618034447821682
1,597 0.618033813400125
2,584 0.618034055727554
4,181 0.618033963166707
6,765 0.618033998521803
10,946 0.618033985017358
17,711 0.618033990175597
28,657 0.618033988205325
46,368 0.618033988957902
75,025 0.618033988670443
121,393 0.618033988780243
196,418 0.618033988738303
317,811 0.618033988754323
514,229 0.618033988748204
832,040 0.618033988750541
1,346,269 0.618033988749648
2,178,309 0.618033988749989
3,524,578 0.618033988749859
5,702,887 0.618033988749909
9,227,465 0.618033988749890
14,930,352 0.618033988749897
24,157,817 0.618033988749894
39,088,169 0.618033988749895
½
2/3
3/5
5/8
8/13
etc.
46
Appendices
price bounces and our case the distribution of losers and winners
in a given Greyhound racing system. For other applications see
http://www.mcs.surrey.ac.uk/Personal/R.Knott/Fibonacci/fibnat.
html.
Appendix 2
Elliot Wave
Stock markets were thought to be chaotic and without
any order but during 1929 Ralph Nelson Elliott discovered a
repeating pattern in the stock markets. He found a fractal type
mathematical model to define the pullbacks and gains that a
stock and the markets as a whole go through. This work was
later improved on and published in the ground breaking book,
“The Elliott Wave Principle – The Key to Stock Market Profits”
by Robert Prechter and A.J. Frost (published by John Wiley and
Sons Ltd). Get this book if you want to learn a lot more about
this theory. In this work, I will only be covering Elliot Wave
theory so that any one can use it to create profits. You do not
need t be a mathematician to do that.
The theory is simple enough; it states that there are 5
impulsive waves and 3 corrective waves in stock or market
movement. If you looked closer at these waves you would see
that smaller waves existed within each wave itself, and so on and
so on, giving a fractal effect.
You can see in Fig 1 the repeating five impulsive and
three corrective wave cycles.
47
How To Win At Greyhound Betting
In Fig 1, you see that after “C” the pattern repeats itself,
starting back at “1” again. Let us have a look at some practical
uses of this wave theory.
Like most things in life, racing conforms to the Elliot
wave and Fibonacci principles and laws. In racing, you will find
that using any system works great 61.8% of the time whilst
38.2% of the time you will experience uncharacteristic losses.
Remember also that the Elliott Wave theory also has periods
where there will be 61.8% losses to 38.2% wins. Watch out for
these “drain” periods, as I like to call them. Unlike the equity
market, you cannot use reverse strategies to make money during
a drain in the betting results. You just have to stay out of the
market.
Luckily, drains can be easily spotted. When your system
fails 2 to 3 times in a row, you have encountered a drain. Stop
and paper trade until you are back to consistent wins. The wait
will never be longer than a week for Greyhound racing. Whilst
reading the following systems please bear the drain in mind.
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How To Win At Greyhound Betting
Notes
50
Notes
51
Other Works by Samuel Blankson
If you are like me, you hate being in debt! Every month you
watch, your money run out before the end of the month. You
scrape around for fuel and grocery money, and then finally you
hit the credit cards, hoping they hold sufficient funds. If you
want to get out of this cycle of worry over debt, this book may
be your answer. I say, “May,” because although this book will
definitely give you techniques for controlling, managing, and
even getting out of debt altogether, it will not do the work for
you. That will be up to you. This book will reveal how to destroy
your debts, including your mortgage. It will also make clear to
you how you can increase your income, and have confidence in
your financial future. Your journey to financial freedom begins
here.
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
If you have ever wanted to know how to make money from real
estate, but could never find one source that listed and explained
all the different options available to you, then your search is
over. This book covers over 20 different ways of investing in
real estate. You will find the author’s style easy to understand
and very practical. The section on self-build is so in-depth, that
after reading it you will actually know how to build a house, and
the section on REITs, Indexes, and REIT Options will leave
your mind boggling at the potential profits available to you. This
book also covers the conversional and popular methods of real
estate investing as well. Therefore, whether you want to learn to
develop real estate projects, build your own home, or simply rent
a room in your house, this book will help you maximise your
success and avoid the pitfalls.
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
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How To Win At Greyhound Betting
Attitude
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Other Works by Samuel Blankson
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How To Win At Greyhound Betting
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Other Works by Samuel Blankson
Images of Kilimanjaro
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How To Win At Greyhound Betting
Images of Kilimanjaro
Uju
A six track EP with soulful R&B tracks with a pop flavour. This
EP is bound to have you humming along addictively. For more
info about the artist Uju, visit www.uju-music.com and look out
for her forthcoming album.
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Other Works by Samuel Blankson
A sexy, R&B track with wicked beats and a deep baseline. With
a melody and chorus that will stay with you for a long time, this
addictive and catchy tune deserves your download (see
www.practicalbooks.org).
You can avoid taxes and V.A.T. (Value Added Tax) by buying
fine wine on Bond (also called wine Futures or En Primeur).
This book covers a simple and effective way in which anybody
coming into the fine wine investing market place can safely
securely and successfully select, and invest in En Primeur Wine.
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How To Win At Greyhound Betting
This book defines, explains, and shows you how to apply these
principles and skills in your life to attain happiness, contentment,
peace, joy, and prosperity. The eight fundamental virtues and
skills required to succeed long-term in any endeavour, are
explained in detail and in a style that everyone can understand
and immediately apply.
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Other Works by Samuel Blankson
Taking Action
73
About the Author