How To Win at Greyhound Betting

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The passage discusses a book about different techniques for winning at greyhound betting.

The book discusses different techniques for winning money by betting on greyhound races.

The book discusses techniques like the Trap Repeat Technique, Trap 2,3 and 6 Capture Technique, and the Three-Grid Unnamed Favourite Crawl Technique.

How to win at

Greyhound Betting

Samuel Blankson
How To Win At Greyhound Betting

Copyright © 2004, by Samuel Blankson. All rights reserved


including the right to reproduce this book, or portions thereof, in
any form except for the inclusion of brief quotations in a review.

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

vii
How To Win At Greyhound Betting

APPENDIX ......................................................................44
Appendix 1.................................................................................................... 45
Fibonacci................................................................................................... 45

Appendix 2.................................................................................................... 47
Elliot Wave ............................................................................................... 47

NOTES ............................................................................50

OTHER WORKS BY SAMUEL BLANKSON ..................53

ABOUT THE AUTHOR ...................................................74

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:

• Lack of a proven system


• Greed

We shall closely examine these two points later in this


book but for now let me put your mind at rest, we will also look
at how to win consistently, because in this book you will learn
many techniques and systems for winning with greyhound
betting and controlling your greed.

ix
How To Win At Greyhound Betting

Chapter 1

• Investing verses Gambling

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).

The rules to successful gambling investing are:

1. Follow a proven system.


2. Eliminate greed from your decisions.
3. Never increase your investment allocation in order to
make more profits, or recoup lost money.

In addition to the above, limit the total amount you invest


to a maximum of one week’s income. Therefore, if you earn
$50,000 per annum, invest up to:

$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.

3
How To Win At Greyhound Betting

Prerequisites
Before you can start investing in gambling, you will need the
following:

1. Accounts with two to three bookmakers who accept


stop at the first winner bets, deal with greyhounds,
and with horse races.
2. Internet connection. (I like to use the Opera internet
browser to display the William Hill results page
http://www.willhill.com/iibs/EN/results.asp for the
Greyhound and Horse race results, because it allows
you to auto refresh every 1 second to 30 minutes.
You can download it free from http://www.opera.
com/download). You can also use teletext access for
receiving racing results.
3. Money to invest. (As mentioned earlier, do not to
exceed a week’s wages, make this smaller if
possible).

The following are some of the most reliable bookmakers I know:

• 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

4
Investing in Gambling

• http://www.Eurobet.com
• http://www.Expekt.com
• http://www.Bets4All.com
• http://www.beteuro.com/
• http://www.coral.co.uk

When opening a bookmaker account, there are only three


things you should be interested in. These are as follows:

1. Do they accept Stop at the first Winner bets?


2. What is their minimum bet?
3. Are they free to join?

If their answers for the above questions are all “yes”,


then open an account with them. After your account is opened,
you can then transfer your investment allocation into this
account.
The next step is to set up your computer. You will need
prompt results when dealing with gambling investments. The
best way to obtain this through the internet is from the following
websites, which you should bookmark:

• 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

Elliot Wave and Fibonacci Drains


Like all things in life, racing conforms to the Elliot Wave
and Fibonacci principles and laws. The Elliott Wave theory has
periods where there will be 61.8% losses to 38.2% wins. In
racing, you will find that using any system works well 61.8% of
the time, whilst 38.2% of the time, you will experience

5
How To Win At Greyhound Betting

uncharacteristic losses. Watch out for these drain periods, as I


like to call them. Unlike the equity markets, you cannot use
reverse strategies to make money during a drain period in the
betting results. You just have to stay out of the market.
Luckily, drains can be spotted easily. When your system
fails two to three 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. Whilst reading the
following systems, you will need to bear the drain principle in
mind.

Basic Greyhounds Betting Techniques


Greyhound racing unlike horseracing is not normally
affected by the weather. This is because the race is normally
held indoors. Greyhound racing however is notorious for race
fixing. In spite of all this, there are several systems for making
profits with this gambling investment.
Unlike horse racing, where a random number of horses
start each race, with greyhound racing, there are always a fixed
number of dogs in each race, six. This allows for some statistical
advantages over horseracing. The greyhounds are assigned trap
numbers, 1 to 6.
Unnamed favourites are also used in greyhound racing.
However, there tends to be a larger occurrence of co-favourites
thus lowering the chances of making profits.
There seems to be some strange patterns with dog racing
which make no statistical sense. However, these patterns can be
used to win. The patterns are as follows:

1. On any day in all the greyhound races, the trap


number that repeats first is normally going to repeat
many times at other venues throughout the day.
2. Amongst the sixteen biggest venues listed below, I
have found that trap numbers 2, 3 and 6 are regular
winners:

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

3. Even stranger is the fact that amongst these sixteen


venues, when a favourite wins at one venue, a
favourite normally wins within the next three races
no matter the venue.

These three observations are the basis of the greyhound systems


that I have developed.

Trap Repeat Technique


For this technique, you will need to have a copy of the
sixteen venues listed previously. Then with this, go to the
following web page, which lists all the greyhound races for the
day: http://www.willhill.com/iibs/EN/allsportsandcoupons.asp?
sport=GR. Note that the races are in three sections, the morning
(11:00 until 13:30), the afternoon (14:00 until 18:00), and the
evening (18:30 until 23:00). Avoid the evening races, as most of
the race fixing occurs then, especially if the venue is not on the
list of the sixteen listed previously.
7
How To Win At Greyhound Betting

Firstly, obtain the two morning race venues from


http://www.willhill.com/iibs/EN/allsportsandcoupons.asp?sport
=GR. Secondly, sort them into time order as illustrated below:

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

With the Trap Repeat Technique, you have to watch the


results of the morning and afternoon races. (The morning and
afternoon will have separate outcomes; the observation from the
morning will not necessarily hold true for the afternoon.
Therefore, observations will have to be repeated for both racing
periods). Observe the trap numbers. If you see one that appears
twice, place a 7-race grid on the next 7 races, after the second
appearance. Then place your bet with the bookmaker, making
sure you ask for a stop at the first winner bet on the 7 races with
the trap number you have observed to win.

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.

Time Venue Trap # Odds


11:26 Sunderland 1 4:1
11:34 Sheffield 1 5:1
11:41 Sunderland 6 FAV 9:4 £5 lost
11:48 Sheffield 6 CF4 7:2 £11 lost
11:55 Sunderland 6 6:1 £24 lost
12:02 Sheffield 1 6:1 £52 won
12:09 Sunderland 2 FAV 3:2 £114 stop
12:16 Sheffield 5 4:1 £249 stop
12:23 Sunderland 1 FAV 7:4 £545 stop
12:29 Sheffield 6C2F3 7:2
12:37 Sunderland 3 4:1
12:44 Sheffield 3JFAV 5:2
12:51 Sunderland 2 7:2
12:58 Sheffield 3 7:2
13:06 Sunderland 2JFAV 9:4
13:12 Sheffield 2 12:1
13:19 Sunderland 4 4:1
13:27 Sheffield 3 5:1
13:33 Sunderland 2 FAV 3:2
13:44 Sheffield 5 6:1

From the results, you can see that you would have won on the
£52 stake at 6:1 odds.

To calculate your winnings, use the following formula:

(Winning bet of x odds) – (loosing bets) = Total returned


£52 + ((£52 x 6) – (£24+£11+£5)) = £324 represents 32.4% gain

9
How To Win At Greyhound Betting

This is a good system, as you place the bets very close to


the races thus making it more difficult for your bet size to affect
the results of the race. Secondly, you place the bet based on a
trap number, thus avoiding co-favourite price erosion.

Increasing profitability of Trap Repeat Technique


When using this system, you will observe that the repeats
often occur in the first races. For this reason, I always place my
bets backwards, thus making sure that the highest stakes are on
the earlier races. To illustrate this point, the following grid has
been used as an example:

Time Venue Stakes


12:23 Sunderland £5
12:16 Sheffield £11
12:09 Sunderland £24
12:02 Sheffield £52
11:55 Sunderland £114
11:48 Sheffield £249
11:41 Sunderland £545

Always call your bets in with the lowest stakes first. This
system requires the reversal of the race times only, NOT the
stakes.

Trap 2, 3 And 6 Capture Technique


This technique places a seven-race grid over the morning
or afternoon races, hoping to catch the third trap out of traps 2,
3, or 6, to appear.
To do this technique, you need to get the morning or
afternoons race list from the following web page:
http://www.willhill.com/iibs/EN/allsportsandcoupons.asp?sport
=GR. Now, sort them into time order. Once you have done this,
you then watch for one of these numbers (2, 3 or 6), to appear

10
Investing in Gambling

twice in a row. When you spot this pattern, place a seven-race


grid over the next seven races, as below.

Time Venue Trap # Odds


11:26 Sunderland 1 4:1
11:34 Sheffield 1 5:1
11:41 Sunderland 6 FAV 9:4
11:48 Sheffield 6 CF4 7:2
11:55 Sunderland 6 6:1
12:02 Sheffield 1 6:1
12:09 Sunderland 2 FAV 3:2
12:16 Sheffield 5 4:1 £5 lost
12:23 Sunderland 1 FAV 7:4 £11 lost
12:29 Sheffield 6C2F3 7:2 £24 lost
12:37 Sunderland 3 4:1 £52 win
12:44 Sheffield 3JFAV 5:2 £114 stop
12:51 Sunderland 2 7:2 £249 stop
12:58 Sheffield 3 7:2 £545 stop
13:06 Sunderland 2JFAV 9:4
13:12 Sheffield 2 12:1
13:19 Sunderland 4 4:1
13:27 Sheffield 3 5:1
13:33 Sunderland 2 FAV 3:2
13:44 Sheffield 5 6:1

Call your bookmaker, and place a stop at the first winner bet for
the third number to appear.

To calculate your winnings, use the following equation:

(Winning bet of x odds) – (loosing bets) = Total returned


£52 + ((£52 x 4) – (£24+£11+£5)) = £168 represents 16.8% gain

Watch the results to determine whether you have won or


not. If you win, stop betting for that session (morning or
afternoon). You will only erode your profits if you continue to
bet in the same session after you have won.

11
How To Win At Greyhound Betting

The trap 2, 3, and 6 Capture Technique is a more volatile


system than the Trap Repeat Technique; however, it does
eliminate co-favourite price erosion. Wins are normally at or
within the first four bets in the grid.

Increasing profitability of Trap 2, 3 and 6 Capture Technique


When using this system, you will observe that the third
trap number to appear out of traps 2, 3, and 6, often occurs in the
first races in your grid. For this reason, place your bets
backwards, thus making sure that the highest stakes are on the
earlier races. To illustrate this point, the following grid has been
use as an example:
Time Venue Stakes
12:58 Sheffield £5
12:51 Sunderland £11
12:44 Sheffield £24
12:37 Sunderland £52
12:29 Sheffield £114
12:23 Sunderland £249
12:16 Sheffield £545

Always call your bets in with the lowest stakes first. This
system requires the reversal of only the race times, NOT the
stakes.

Co-Favourite Price Erosion


The unnamed favourite is a great system, but has one
major flaw. This is caused by co-favourite price erosion. When
more than one favourite wins a race, the profits are split amongst
the winners, and therefore on the principle returned too, as
illustrated in Figure 4-1. Thus in the case of a joint favourite 5 to
1 win on the last race of the previous grid, you would earn:

(545/2) + (((545/2) x 5) – (249+114+52+24+11+5)) = £1180.00

12
Investing in Gambling

Figure 4-1: Effects of eroding profits from increased co- favourite 5 to 1


odds

From the graphs in Figure 4-2 and Figure 4-3, you can see that
co-favourites can also erode your wins.

Figure 4-2: Effects of eroding profits from increased co-favourite


numbers at 3 to 1 odds

13
How To Win At Greyhound Betting

Figure 4-3: Effects of eroding profits from increased co-favourite


numbers at 2 to 1 odds
From the graphs in Figure 4-1, Figure 4-2 and Figure 4-
3, you see that favourite and co-favourites can really erode your
wins. To guard against this problem, I use the three-grid
Unnamed Favourite Technique. Here, you have to shorten the
grid length. Therefore, for the Three Grid Unnamed Favourite
Crawl Technique, I use a three-race grid.

Three-Grid Unnamed Favourite Crawl Technique


Just as we did for the unnamed favourite grid we used for
the horse races, you will divide your allocated funds by five. If
this total is for example, $500, you will split your $500 into five
$100 pieces. This gives us a grid size and money distribution as
illustrated below.

$10
$25
$64

14
Investing in Gambling

Before 11:00 am GMT, you must collect the day’s race


details and sort them into time order. Once you have your day’s
races, divide them into sets of 3 races as illustrated below:

Time Venue Bet


11:26 Sunderland $10
11:34 Sheffield $25
11:41 Sunderland $64
11:48 Sheffield $10
11:55 Sunderland $25
12:02 Sheffield $64
12:09 Sunderland $10
12:16 Sheffield $25
12:23 Sunderland $64
12:29 Sheffield $10
12:37 Sunderland $25
12:44 Sheffield $64
12:51 Sunderland $10
12:58 Sheffield $25
13:06 Sunderland $64
13:12 Sheffield $10
13:19 Sunderland $25
13:27 Sheffield $64
13:33 Sunderland $10
13:44 Sheffield $25

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.

15
How To Win At Greyhound Betting

Time Venue FAV Odds Bet Profit


11:26 Sunderland lose 4:1 $10 $0
11:34 Sheffield lose 5:1 $25 $0
11:41 Sunderland FAV 9:4 $64 $173
11:48 Sheffield CF4 7:2 $10 $11.25
11:55 Sunderland lose 6:1 $25 Stop
12:02 Sheffield lose 6:1 $64 Stop
12:09 Sunderland FAV 3:2 $10 $25
12:16 Sheffield lose 4:1 $25 Stop
12:23 Sunderland FAV 7:4 $64 Stop
12:29 Sheffield lose 7:2 $10 Stop
12:37 Sunderland lose 4:1 $25 Stop
12:44 Sheffield JFAV 5:2 $64 $77
12:51 Sunderland lose 7:2 $10 $0
12:58 Sheffield lose 7:2 $25 $0
13:06 Sunderland JFAV 9:4 $64 $69
13:12 Sheffield lose 12:1 $10 Stop
13:19 Sunderland lose 4:1 $25 Stop
13:27 Sheffield lose 5:1 $64 Stop
Total $355.25

From the results of the morning races in the grid above,


you see that you have to stop after your first five bets, as you are
up 255.25%. This is the time to apply greed management.
Because you are in profit, you should not continue for the rest of
the day.

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:

16
Investing in Gambling

The 2-race grid:


5
10
15

The 3-race grid:


5
10
20
35

The 4-race grid:


7
13
27
53
100

The 5-race grid:


5
9
18
36
72
140

The 6-race grid:


5
9
18
36
72
145
285

17
How To Win At Greyhound Betting

The 7-race grid:


5
9
18
36
72
145
290
575

The 8-race grid:


5
9
18
36
72
144
289
577
1150

The 9-race grid:


5
9
18
36
72
144
288
576
1152
2300

18
Investing in Gambling

The 10-race grid:


5
10
20
39
78
156
313
626
1251
2502
5000

As you can see, the total grid stakes rise dramatically


with grid size. This means that profitability therefore drops with
wins. We will look at ways to deal with this challenge, starting
with the Triple Bottom Technique.

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.

The 7-Sum Chase Technique


This technique is very simple. You need to use a 3-grid
bet stake. Use it only on the morning and afternoon greyhound
races. Firstly, list all the races in time order in your spreadsheet.
Wait for the first races’ result. After you receive the results of
the first race of the day, you may begin.
Depending on what trap came first, you will subtract the
trap number from 7 and place a bet on the result. For example, if
trap 6 came first then 7-6=1 so bet your first stake on trap 1 to
win the next race. If you win wait until the next 2 race results
come in (this is as if you are using a stop at first winner bet.
When you win, you do not place further bets from the 3 grid
stakes). This means if you won on the second race in the grid
you would stop and not place a bet on the third race of the grid.
After a complete grid of races is over you may start again with
the next three races.
There will be roughly sixteen 3-grid blocks in each day.
On average, you will win in 61.8% of them and loose in 38.2%
of them. Keep this in mind.
Remember the Fibonacci division of 61.8 to 38.2%. Use
this to guard against your greed. If you win half of your day’s
grids consecutively, stop for the day, as you will inevitably loose
most grids after that. Aim to win double what you loose then
stop for the day.
Because you are betting on traps, you will not experience
co-favourite price erosions. Moreover, you will often win on 3-
1, 4-1, 5-1, 6-1, or better odds.

21
How To Win At Greyhound Betting

Time Venue 1st Trap to bet on Result Stake


11:26 Wimbledon 1 Wait 0
11:34 Walthamstow 1 6 Loose 5
11:41 Wimbledon 6 6 Win 10
11:48 Walthamstow 5 1 Loose 0
11:55 Wimbledon 2 2 Win 5
12:02 Walthamstow 6 5 Loose 0
12:09 Wimbledon 3 1 Loose 0
12:16 Walthamstow 6 4 Loose 5
12:23 Wimbledon 1 1 Win 10
12:29 Walthamstow 1 6 Loose 15
12:37 Wimbledon 2 6 Loose 5
12:44 Walthamstow 1 5 Loose 10
12:51 Wimbledon 6 6 Win 15
12:58 Walthamstow 1 1 Win 5
13:06 Wimbledon 3 6 Loose 0
13:12 Walthamstow 3 4 Loose 0
13:19 Wimbledon 1 4 loose 5
13:27 Walthamstow 5 6 Loose 10
13:33 Wimbledon 3 2 Loose 15
13:44 Walthamstow 1 4 Loose 5
13:51 Wimbledon 3 6 Loose 10
14:03 Walthamstow 2 4 Loose 15
Table 1: Example of 7-sum chase technique
From Table 1, you can see how the 7-Sum Chase
Technique works in practice. Remember to observe the drain
periods as well as stopping as soon as you have won twice as
many grids as you have lost.
Note also that in the bet on trap column of Table 1, the
previous race result is subtracted from 7 to obtain the trap
number to bet on in the next race.
Note also that within each grid, we stop at the first
winner (see the stake column of Table 1).

22
Advanced Techniques

The Triple Bottom Technique


This simple greyhound technique is based on the trap
number of the dog that came second. It works as follows:

If the same trap comes, second in two consecutive races


in the morning or afternoon greyhound races, place a three-grid
stop at the first winner bet on the next three races in time order
of first race, third race, and second race. An example illustrating
this point is shown below:

12:51 Sunderland £ 143.00


13:06 Sunderland £ 286.00
12:58 Sheffield £ 571.00

In the above example, the first race is 12:51, then 12:58,


and finally the 13:06. As you can see, the races have been
arranged in order of first, third, and second. The reason for this
is that the second race seems to win more than the other two.
Therefore, by placing it against the largest stake (the third stake),
you increase your winnings whenever the second race alone
wins.

This system has a high reliability rate. In addition to this,


because you are betting on traps, you will not suffer from the co-
favourite price erosions experienced when the there are joint or
co-favourite wins.

The Fibonacci Spread Technique (FST)


Before reading, this section, first read Appendix 1. The
Fibonacci 61.8% and 38.2% add up to make a perfect 100%. In
greyhound racing, something interesting occurs when you take
all the day’s races and divide them into sets of three races. You
will find that the unnamed favourite wins in 61.8% of the sets,
whilst loosing in 38.2% of the sets. The Fibonacci Spread
Technique (FST) is based on this phenomenon.
23
How To Win At Greyhound Betting

To work this technique, you must first gather all the


greyhound races of a session (morning or afternoon races). With
greyhound racing, never bet on the races in the evening after
18:00 pm GMT. These races have terrible favourite odds and
many multiple favourites win. This adds up to a loosing night.

In greyhound racing, you will have races from 11:26


until 17:20; however, I find it better to separate the greyhound
races of the morning from the afternoon races.

AVOID USING THIS TECHNIQUE ON FRIDAYS AND


SUNDAYS.

On Friday and Sundays, the betting volumes tend to be


very low. This seems to cause the winning odds to be lower.
Occurrences of co-favourite wins will erode your returns further.

FST on the morning greyhounds


There are 6.67 three-race grids in the morning
greyhounds (six complete three-race grids, and 2 races extra
forming an incomplete grid). So using Fibonacci, we use the
following calculations:

Winning grids = 6.67 x 0.618 = 4.1


Losing grids = 6.67 x 0.382 = 2.5

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).

The winners tend to occur separately to the losers, so that


you will often find four winning grids together, and two loosing
grids, one after the other. The key here is that you will be in
profit on the day if you only have one loosing grid, therefore as

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.

Win/Lose Time Venue Odds


13:44 Sheffield £33
WIN
13:33 Sunderland £67
13:27 Sheffield £14
LOSE 13:19 Sunderland £29
13:12 Sheffield £57
13:06 Sunderland £14
LOSE 12:58 Sheffield £29
12:51 Sunderland £57
12:44 Sheffield £14
WIN 12:37 Sunderland £29
12:29 Sheffield £57
12:23 Sunderland £14
WIN 12:16 Sheffield £29
12:09 Sunderland £57
12:02 Sheffield £14
WIN 11:55 Sunderland £29
11:48 Sheffield £57
11:41 Sunderland £14
WIN 11:34 Sheffield £29
11:26 Sunderland £57
25
How To Win At Greyhound Betting

Table 4-1: Morning races with the times reversed

Win/Lose Time Venue Odds


LOSE 18:04 Crayford £0
17:58 Romford £14
LOSE 17:48 Crayford £29
17:44 Romford £57
17:33 Crayford £14
WIN 17:27 Romford £29
17:17 Crayford £57
17:07 Romford £14
WIN 16:57 Crayford £29
16:48 Romford £57
16:37 Crayford £14
WIN 16:27 Romford £29
16:18 Crayford £57
16:08 Romford £14
WIN 15:58 Crayford £29
15:48 Romford £57
15:38 Crayford £14
WIN 15:28 Romford £29
15:17 Crayford £57
15:07 Romford £14
LOSE 14:57 Crayford £29
14:47 Romford £57
14:37 Crayford £14
LOSE 14:27 Romford £29
14:18 Crayford £57
14:08 Romford £14
WIN 13:58 Crayford £29
13:48 Romford £57
Table 4-2: Afternoon races with the times reversed1

1
The 18:04 race has £0 assigned to it, as it is an incomplete grid.
26
Advanced Techniques

The Single Hit Fibonacci Spread Technique


(SHFST)
There is an even more profitable technique utilising the
Fibonacci spread phenomenon. This system requires you waiting
until you see the 38.2% three-race grid losses occur, followed by
a subsequent single grid win. This will mean that the drain is
over therefore, any grid bet from then until the end of the session
will win. So now, you can place the next grid with 50% of your
betting allocation. This 50% allocation is to ensure that if the
next grid looses, you will not be wiped out.
You will win about 20% or more of your betting stake
back. This represents a 10% minimum win per day. (Winning 5
days, a week will equal a 50% per week win).
Reverse the races, so that the first is the furthest away,
whilst the last is the next race. When placing your bets, place the
stop at the first winner bet within 5 minutes of the previous race.
In Table 4-3, you would have waited until 15:43 before placing
the 16:08, 15:58, and 15:48 Stop at the first winner bet. I have
used £100 betting totals for each three-race grid.

27
How To Win At Greyhound Betting

Win/Lose Time Venue Odds


WIN 18:04 Crayford £0
17:58 Romford £14
WIN 17:48 Crayford £29
17:44 Romford £57
17:33 Crayford £14
WIN 17:27 Romford £29
17:17 Crayford £57
17:07 Romford £14
WIN 16:57 Crayford £29
16:48 Romford £57
16:37 Crayford £14
WIN 16:27 Romford £29
16:18 Crayford £57
16:08 Romford £14
WIN 15:58 Crayford £29
15:48 Romford £57
15:38 Crayford £14
WIN 15:28 Romford £29
15:17 Crayford £57
15:07 Romford £14
LOSE 14:57 Crayford £29
14:47 Romford £57
14:37 Crayford £14
LOSE 14:27 Romford £29
14:18 Crayford £57
14:08 Romford £14
LOSE 13:58 Crayford £29
13:48 Romford £57
Table 4-3: Using the single hit Fibonacci Technique (FST)

If you want to use a different betting allocation value (as


opposed to the £100 betting total per each three-race grid above),

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:

£107 750 x 0.142857142857143


£214 750 x 0.285714285714286
£429 750 x 0.571428571428571
£750

You can key these equations into a spreadsheet


application, and have this calculation automatically executed
every time you change the total stake.
Please note that if all the winning grids occur at the start
of the day, and the loosing grids occur at the end of the day, you
should not place any bets that day, as doing so will be deviating
from the system.

Single Bet Popular Trap Chase (SBPTC)


This technique requires time, but it is great if you have
the time to dedicate to it. SBPTC is very profitable and can be
used any day of the week on greyhound races. It works as
follows.
You keep a tally of the trap number appearances so that
as soon a trap wins twice, and has won more races than all the
other traps of the session (morning or afternoon only), you place
a bet on the next race for that same trap to win.
If this trap looses in the next race, but is still the highest
winner of the session, then place another bet on the same trap for
the next race. The betting stakes to use are as follows:

29
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

Remember not to use a stop at the first winner bet, as this


technique requires individual bets placed manually. After each
race, your tally of the top-winning trap may change. Therefore,
you will need to decide on your bet stake size with each result.
As soon as you win, reset the betting stake back to the
lowest stake (in the examples above this would be £5 or £25).
Continue until you only have five races or less left for the
session (morning or afternoon) after a win, then stop for the
session. You may start again in the next session, but treat each
session individually.

30
Advanced Techniques

Time Venue 1st 2nd 3rd


11:26 Wimbledon 1 4 3
11:34 Walthamstow 1 2 4
11:41 Wimbledon 3 1 4
11:48 Walthamstow 5 2 4
11:55 Wimbledon 3 1 4
12:02 Walthamstow 6 4 5
12:09 Wimbledon 3 4 6
12:16 Walthamstow 3 1 2
12:23 Wimbledon 1 2 4
12:29 Walthamstow 4 2 3
12:37 Wimbledon 5 6 3
12:44 Walthamstow 3 5 1
12:51 Wimbledon 1 4 2
12:58 Walthamstow 3 2 1
13:06 Wimbledon 6 5 4
13:12 Walthamstow 1 2 4
13:19 Wimbledon 1 5 4
13:27 Walthamstow 2 1 3
13:33 Wimbledon 6 5 4
13:44 Walthamstow 6 1 5
13:51 Wimbledon 1 2 3
14:03 Walthamstow 1 2 6
Table 4-4: Race results of the morning session on the 8th of October 2004

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

Using this technique, you would have started by betting


on trap 1 after you received the results of the 11:34 race.
However, you would have swapped from trap 1 to trap 3 after
31
How To Win At Greyhound Betting

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.

SBPTC Contention Settlement


When using SBPTC, you will sometimes have
contentions, i.e. two or more traps with the exact same amount
of scoring (they have appeared first the same amount of times,
and they have equally appeared the same amount in second and
third positions too). In these special cases, you will have to
judge, using the trap with the most second appearances.
Therefore, in Table 4-5, you will see that trap three appeared
five times in second place compared to trap 2, which had three-
second place appearances, and trap 6, which only had one-
second place appearance.

Time Venue 1st 2nd 3rd


14:21 Oxford 1 5 4
14:28 Milton Keynes 3 4 6
14:38 Oxford 6 3 1
14:44 Milton Keynes 2 6 4
14:52 Oxford 2 3 4
14:58 Milton Keynes 1 5 6
15:06 Oxford 6 2 5
15:13 Milton Keynes 6 5 4
15:22 Oxford 5 3 1
15:27 Milton Keynes 3 2 6
15:37 Oxford 4 3 2
15:43 Milton Keynes 1 2 6
15:53 Oxford 2 3 1
15:59 Milton Keynes 3 4 2
Table 4-5: Contention illustration

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.

Time Venue 1st 2nd 3rd


14:21 Oxford 1 5 4
14:28 Milton Keynes 3 4 6
14:38 Oxford 6 3 1
14:44 Milton Keynes 2 6 4
14:52 Oxford 2 3 4
14:58 Milton Keynes 1 5 6
15:06 Oxford 6 2 5
15:13 Milton Keynes 6 5 4
15:22 Oxford 5 3 1
15:27 Milton Keynes 3 2 6
15:37 Oxford 4 3 2
15:43 Milton Keynes 1 2 6
15:53 Oxford 2 3 1
15:59 Milton Keynes 3 4 2
16:08 Oxford 3 4 5
16:14 Milton Keynes 2 6 5
16:22 Oxford 3 6 5
16:28 Milton Keynes 3 6 2
16:37 Oxford 6 4 3
16:46 Milton Keynes 1 3 5
16:54 Oxford 4 2 3
Table 4-6: Contention settlement illustration

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.

The Grand Slammer Technique


At the beginning of this book, I mentioned that the race
results conformed to the Elliot Wave and Fibonacci theories, and
that 38.2% of the time, you would experience uncharacteristic
losses, which were drain periods. The Grand Slammer
Technique was designed to deal with the drain observations.
This technique involves a lot of waiting until you spot a drain.
The drain period could be a time where there is a lack of
favourites, joint favourites and co-favourites winning, but with
generally awful odds like 10:9 or 1:3 etc. After each favourite
drain, there is a string of wins, normally the following day. You
will see favourites occurring twice every five races or better.
When you spot this, the drain is over. You then place a large
stop at the first winner bet on the next three races.
Make sure you reverse the times and place the bet very
close to the start time of the first race in your three-race grid.
You can use a larger amount than normal for the Grand
Slammer, as long as you do not exceed a week’s wages in this
investment category.

Exception: If the first grid of the session (morning or afternoon)


is a loser, and the second is a winner (see illustration below), do
not play that day. If you must play, wait until you see two
consecutive grids win. This exception will save you many
loosing days if you observe it.

3
Total of 1st, 2nd and 3rd position appearances
34
Advanced Techniques

14:37 Perry Barr


WIN 14:27 Hove
14:18 Perry Barr
14:08 Hove
LOSE 13:58 Perry Barr
13:48 Hove

On average, wins with this technique are normally 50%


or better of the total stake. Possibilities of loosing are greatly
minimised by using the Elliot Wave cycle to determine your
point of entry. However, I also never exceed 50% of my
gambling allocation with the Grand Slammer Technique.
Remember that you can use the Grand Slammer on the
horses or greyhounds, but do not mix the two in any one bet.
When drains occur in one, they normally do not occur in the
other.

The Non-Loosing Technique (NLT)


When designing this system, the criteria was simple: to
design a system that never lost, was simple enough for anyone to
apply, required less than one hour a day to execute, required a
single bet a day to maintain, and the profits for the first year
should exceed £100,000 tax free. The Non-Loosing Technique
was born.

How does the NLT work


There are three reasons why this system works; firstly, a
very small betting base is used (£25 per bet). After each grid
loss, the stake is doubled until you win. After this, the betting
base returns to the first grid size, £25. Therefore, only a small
amount is needed for this technique. The second reason why this
system works is that the grid size is only two races long, as in
the example below. The use of this small grid size means that

35
How To Win At Greyhound Betting

losses have less of an effect on your betting allocation, whilst the


effect of winning greatly increases your profit.

£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:

1. Find the two race venues of the morning.


2. Watch the results for the first trap to appear three
times.
3. Immediately after you spot the third appearance,
place a Stop at the first winner bet on the next two
races for the same trap number to win.
4. If you loose, double the betting stakes the next day.
5. Each day, start this cycle again. (The five-day version
will be only Mondays to Fridays).

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.

This technique will now be explained using the following


grid. Here, you would have placed your two-race stop at the first
winner bet on trap number 1 to win at the 12:23 and 12:29 races.

36
Advanced Techniques

Time Venue 1st


11:26 Perry Barr 1
11:34 Hove 4
11:41 Perry Barr 5
11:48 Hove 3
11:55 Perry Barr 3
12:02 Hove 1
12:09 Perry Barr 4
12:16 Hove 1
12:23 Perry Barr 1
12:29 Hove 5
12:37 Perry Barr 3
12:44 Hove 6

In the mornings for UK greyhound races, one or more


traps will appear three times or more. The first trap to win three
times is what you look out for, because you will place your stop
at the first winner bet immediately after the third appearance.
Normally your first bet will loose, which is an advantage. You
want to loose your first bet in order to double your betting base
to a substantial figure. You will eventually win after less than
ten losses, and by this stage, your profits will be multiplied by
the last betting base figures. The results are illustrated below:

Race 1 Race 2 Bet size Total lost Losses


£500 £2000 £2500 £2500 1
£1000 £4000 £5000 £7500 2
£2000 £8000 £10000 £17500 3
£4000 £16000 £20000 £37500 4
£8000 £32000 £40000 £77500 5
£16000 £64000 £80000 £1,57500 6
£32000 £1,28000 £1,60000 £3,17500 7
£64000 £2,56000 £3,20000 £6,37500 8
£1,28000 £5,12000 £6,40000 £12,77500 9
£2,56000 £10,24000 £12,80000 £25,57500 10
£5,12000 £20,48000 £25,60000 £51,17500 11

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.

The following illustrations show the results of the best


month of 2004 using this system (five-day version).

Figure 4-4: First part of the results from February 2004


38
Advanced Techniques

In the Figure 4-4, you will notice the following row


labels explained next:

• The Trap illustrates the trap number that won.


• The Race # illustrates which one of the two races
of the grid won.
• The Odds illustrate the odds at which the
winning trap won.
• The Win illustrates the total sum that was won or
lost.
• The Totals column on Figure 4-7 is the sum of all
the wins and losses.

Figure 4-5: Second part of the results from February 2004

Figure 4-6: Third part of the results from February 2004

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.

39
How To Win At Greyhound Betting

Figure 4-7: Fourth part of the results from February 2004

Improving On The NLT


To improve the performance of the Non-Losing
Technique, only play for a win on the second race. Here, the first
race is used as a trigger for betting on the second race. If the first
race wins, you do not place a bet on the second race, and if it
looses, then you do. Reset the betting base to £25 if the second
race wins.
Therefore, in this technique, watch for the third
appearance of the same trap, and then watch for a loss in the
next race, straight after the third appearance. If this is a win,
reset your betting base and start again the next day. However, if
it is a loss, call the bookmaker and place your entire grid
allocation for that day on the second race to win, with the trap
number that was first to appear three times that day. This system
will return 15% to 25% more than general NLT over a twelve-
month period.

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

The Ultimate Greyhound Betting System


I have saved the best technique until last. This system is
only available through the purchase of the Ultimate Greyhound
Betting System, a computer program that semi-automates this
system. You will only be required to input your balance, the
venues, and the results of each race of the morning or afternoon.
The program will then tell you what trap to bet on and
how much to invest. When you win, you will need to input the
odds that you won on, as the program will also monitor your
growing balance. I have created this program specifically for
trading my most successful betting system for greyhound
betting. This system can regularly be used to make £1,000 on
most days of the week. This system can be purchased from
www.practicalbooks.org.
The initials BAGS stand for Bookmakers’ Afternoon
Greyhound Services Ltd, which is the bookmakers’ organisation
that negotiates contracts with track promoters to provide a
service of greyhound racing during betting shop hours. For a
simple way of making regular large wins with UK BAGS
greyhound betting, purchase your copy of The Ultimate
Greyhound Betting System today.

We have covered many techniques that you can use to make


profits from horse and greyhound betting. With these techniques,
you will be able to trade every day (barring Fridays and
Sundays). On Saturdays, use the #1 Horse Technique exclu-
sively.

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.

42
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

Leonardo Pisano’s produced several works of mathe-


matical genius involving numbers. The theories that you as an
investor should be most interested in are his number series
theory.

Simply put, if you start with 1 and add the last 2 numbers you
will get the series;

1, 2, 3, 5, 8, 13, 21, 34, 55, etc

Carrying the series on will produce the following results;

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

45
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

If you then divide the last number by the current number


i.e.

½
2/3
3/5
5/8
8/13
etc.

You will arrive at the constant, 0.618033988749895 (phi)


eventually. This number can then be used to calculate a large
array of naturally occurring phenomenon, like the stock market

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

Fig 1: The basic principle of Elliot wave theory.

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.

48
How To Win At Greyhound Betting

Notes

50
Notes

51
Other Works by Samuel Blankson

Other Works By Samuel Blankson


How to Destroy Your Debts

Printed: 165 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (1739 kb)
ISBN: 1-4116-2374-6
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

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.

53
How To Win At Greyhound Betting

The Practical Guide to Total Financial


Freedom: Volume 1

Printed: 124 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (7761 kb)
ISBN: 1-4116-2058-5
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

The first part of a five volume series on creating Total Financial


Freedom. In this volume, you will learn the foundations of
wealth building, and how to secure your family and your wealth
against disasters and losses. This series offers practical,
effective, and easy to follow advice for securely and quickly
building wealth. If you are thinking of buying this book, you
probably want to be free. Free from the rat race, free from the
boss, free from the wage trap, and free from the mediocrity and
hopelessness of poverty and lack of options. Until now, you may
have had no other way of achieving this within the next half a
decade. This book will change all that forever. This book, unlike
many self-help books out there, will actually tell you what to do
in order to achieve Total Financial Freedom. You will find out
exactly how I went about achieving Total Financial Freedom. If
you read, learn, and apply the lessons in this book, you too will
achieve Total Financial Freedom.

54
Other Works by Samuel Blankson

The Practical Guide to Total Financial


Freedom: Volume 2

Printed: 173 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (31040 kb)
ISBN: 1-4116-2057-7
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

The second part of a five volume series on creating Total


Financial Freedom. In this volume, you will learn how to invest
in Bonds, Stocks and Shares, and Funds. This series offers
practical, effective, and easy to follow advice for securely and
quickly building wealth. If you are thinking of buying this book,
you probably want to be free. Free from the rat race, free from
the boss, free from the wage trap, and free from the mediocrity
and hopelessness of poverty and lack of options. Until now, you
may have had no other way of achieving this within the next half
a decade. This book will change all that forever. This book,
unlike many self-help books out there, will actually tell you what
to do in order to achieve Total Financial Freedom. You will find
out exactly how I went about achieving Total Financial
Freedom. If you read, learn, and apply the lessons in this book,
you too will achieve Total Financial Freedom.

55
How To Win At Greyhound Betting

The Practical Guide to Total Financial


Freedom: Volume 3

Printed: 143 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (1716 kb)
ISBN: 1-4116-2056-9
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

The third part of a five volume series on creating Total Financial


Freedom. In this volume, you will learn how to invest in En
Primeur Wine, Real Estate, Businesses, Life Insurances, Art, and
Offshore investment opportunities. This series offers practical,
effective, and easy to follow advice for securely and quickly
building wealth. If you are thinking of buying this book, you
probably want to be free. Free from the rat race, free from the
boss, free from the wage trap, and free from the mediocrity and
hopelessness of poverty and lack of options. Until now, you may
have had no other way of achieving this within the next half a
decade. This book will change all that forever. This book, unlike
many self-help books out there, will actually tell you what to do
in order to achieve Total Financial Freedom. You will find out
exactly how I went about achieving Total Financial Freedom. If
you read, learn, and apply the lessons in this book, you too will
achieve Total Financial Freedom.

56
Other Works by Samuel Blankson

The Practical Guide to Total Financial


Freedom: Volume 4

Printed: 134 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (3961 kb)
ISBN: 1-4116-2055-0
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

The fourth part of a five volume series on creating Total


Financial Freedom. In this volume, you will learn how to trade
and invest in Momentum products. These instruments are high-
risk products that offer high returns, but also the possibilities of
high losses. You will learn how to limit those losses by reducing
the risk using effective and practical methods. Options, Futures,
High Yield Investment Programs, and Gambling are some of the
exciting topics covered in detail. This series offers practical,
effective, and easy to follow advice for securely and quickly
building wealth. This book, unlike many self-help books out
there, will actually tell you what to do in order to achieve Total
Financial Freedom. You will find out exactly how I went about
achieving Total Financial Freedom. If you read, learn, and apply
the lessons in this book, you too will achieve Total Financial
Freedom.

57
How To Win At Greyhound Betting

The Practical Guide to Total Financial


Freedom: Volume 5

Printed: 322 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (7143 kb)
ISBN: 1-4116-2054-2
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

The last part of a five volume series on creating Total Financial


Freedom. In this volume, you will learn how to lower your taxes,
avoid paying unfair and unnecessary taxes, and how to move
offshore and pay no taxes at all. This series offers practical,
effective, and easy to follow advice for securely and quickly
building wealth. If you are thinking of buying this book, you
probably want to be free. Free from the rat race, free from the
boss, free from the wage trap, and free from the mediocrity and
hopelessness of poverty and lack of options. Until now, you may
have had no other way of achieving this within the next half a
decade. This book will change all that forever. This book, unlike
many self-help books out there, will actually tell you what to do
in order to achieve Total Financial Freedom. You will find out
exactly how I went about achieving Total Financial Freedom. If
you read, learn, and apply the lessons in this book, you too will
achieve Total Financial Freedom.

58
Other Works by Samuel Blankson

Living the Ultimate Truth, 2nd Edition

Printed: 166 pages, 6.0 x 9.0 in, Perfect-bound


Download: PDF (855 kb)
ISBN: 1-4116-2375-4
Copyright Year: © 2005 by Samuel Blankson
Language: English
Publisher: Lulu.com

Today most people live a poor example of a balanced life. The


centuries of wisdom passed down from the great leaders of our
past seem lost amid lives centred on minutia and selfishness.
Today we care more about what we wear and where we are seen,
than we do about discovering and Living the Ultimate Truth.
Throughout the world, there is an imbalance in people’s
spirituality, consciousness, and inner harmony. This has taken a
great toll on our environment, our health, and our happiness.
Many are wondering around like lost sheep, seeking a shepherd
in all the wrong places. Many false prophets have promised
quick fixes to these problems, but if these solutions are not
firmly rooted in The Creator, love, integrity and inner harmony,
they are doomed to fail. This book is a reminder of all those
virtues and universal principles that we need, to return to a
balanced, harmonious, and happy life. You will learn to love
yourself, love others, and finally find that inner peace you seek
through spiritual growth.

59
How To Win At Greyhound Betting

Developing Personal Integrity, 2nd Edition

Printed: 118 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (627 kb)
ISBN: 1-4116-2376-2
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

In the field of human character development, integrity is the last


frontier. Many people use the word, but few really know what
real integrity is. This book breaks down the fundamental
components of personal integrity and offers a path to attaining it.
Like success or happiness, integrity is a journey not a
destination. We can only measure how far on the path we are
through the observation of our inner voice, the voice of our
conscience, and through deep contemplation and reflection. This
journey of personal excellence is not an easy one, and as a friend
once said, “When peeling this onion, sometimes you cry.”
Nevertheless, in all great endeavours, the harder the struggle, the
greater the victory will be.

60
Other Works by Samuel Blankson

The Guide to Real Estate Investing

Printed: 117 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (723 kb)
ISBN: 1-4116-2383-5
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

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.

61
How To Win At Greyhound Betting

Making Money with Funds

Printed: 79 pages, 6.0 x 9.0 in., Perfect-bound


Download: PDF (8769 kb)
ISBN: 1-4116-2671-0
Copyright Year: © 2005 by Samuel Blankson
Language: English
Publisher: Lulu.com

Today the world fund market is a multi trillion-dollar industry.


There are many types of funds and as many reasons for choosing
them. In this book, you will learn how Funds work, and how
you, can make money with them.

How to make a fortune with Options trading

Printed: 59 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (1808 kb)
ISBN: 1-4116-2378-9
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

This is a practical book on winning in the Options trading


market. Whether you are a sophisticated investor or a complete
novice, this book is for you. The author takes complex ideas, and
explains them in a way that is both practical and easily
understood by anyone. Having used these techniques to achieve
financial freedom, Mr Blankson now shares with you how he did
it. There is no waffling here, just plain speaking and powerful
techniques that anyone can apply.

62
Other Works by Samuel Blankson

How to make a fortune on the Stock Markets

Printed: 190 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (8769 kb)
ISBN: 1-4116-2379-7
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

This book contains simple but effective techniques for achieving


regular and consistent profits from stock trading. Unlike other
books on the topic, it is not full of theory and projections, but
practical advice learned the hard way, by trading personal hard-
earned cash daily in the world’s stock exchanges. Moreover,
unlike other books on the subject, it is not about how to be a
stock trader and trade other people’s money, but on how to grow
your own funds to a level where you will never have to work for
anyone else again. This book contains real techniques used by
the author to amass a fortune significant enough to have made
him Financially Free. Now you too can use these simple but
highly effective techniques to achieve the same results.
Therefore, whether you are a professional trader or a total
beginner, this book will show you how to achieve Financial
Freedom through trading Stocks and Shares.

63
How To Win At Greyhound Betting

Tax Avoidance A practical guide for UK


Residents

Printed: 104 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (355 kb)
ISBN: 1-4116-2380-0
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

UK residents pay some of the highest taxes in the world. Most of


these taxes are hidden through VAT and service charges. This
guide clearly explains what taxes you are paying, and which
ones you can and should avoid paying through claiming your
allowed deductions and allowances. Prudent tax efficient estate
planning is explained in detail, and hundreds of tax saving ideas
are shared within these pages. Whether you are a qualified
accountant or a non-professional, you will find this little guide
an invaluable source of tax saving ideas and strategies.

64
Other Works by Samuel Blankson

The Ultimate Guide to Offshore Tax Havens

Printed: 418 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (12602 kb)
ISBN: 1-4116-2384-3
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

This book is a detailed listing of all the known and not so


commonly known Tax Havens, their benefits, and their
suitability for relocation by the low tax seeker. If you are
looking for ways to cut your taxes, there is no better way than to
relocate to a low or no tax haven. The South East Asian
Tsunamis and earthquakes have shown us that it is prudent to
select the haven you will reside in carefully. Low taxes cannot
be your only gauge for this task. This book will help you make
that decision.

A must read for all who aspire to changing their lifestyles by


relocating offshore. The havens are listed in geographical order,
starting with the USA and ending with the South Pacific Islands.

65
How To Win At Greyhound Betting

Attitude

Printed: 418 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (13700 kb)
ISBN: 1-4116-2382-7
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

Attitude, so often misunderstood, yet so vital for success in


every aspect of our lives. A positive attitude will guarantee
happiness in your life, promotion, and growth in your career or
job, peace and joy in your family life, and in addition, a positive
attitude has been scientifically proven to help extend your life
expectancy. In this book, this essential success attribute is
explained in detail. You will learn how to safeguard against
positive attitude erosion, and learn how to build a positive
mental attitude to help you achieve measurable success in every
aspect of your life.

66
Other Works by Samuel Blankson

How to win at Greyhound betting

Printed: 68 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (639 kb)
ISBN: 1-4116-2377-0
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

Today, sports betting is a big industry for the bookmakers and


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: lack of a proven system, and greed. This book closely
examines these two points, and offers techniques and systems
for achieving consistent wins in greyhound betting.

67
How To Win At Greyhound Betting

The Ultimate Greyhound Betting System

Download: MS Excel (233 kb)


Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

If you think there is no trustworthy betting system out there, then


prepare to be proven wrong. This is the betting system described
in the series The Practical Guide to Total Financial Freedom,
and the book How to win at Greyhound betting. This semi-
automatic system allows its user to achieve a minimum of 30%
profits per week by following a proven statistical and rule based
system betting on UK Greyhound races. The system only
requires you to supply the race results and place the bets with
your bookmaker. Armed with this incredible system, you will be
able to beat the odds, and win one over the bookmakers.

How to Win at Online Roulette

Printed: 81 pages, 6.0 x 9.0 in, Perfect-


bound
ISBN: 1-4116-2570-6
Copyright Year: © 2005 by Samuel
Blankson
Language: English
Publisher: Lulu.com

This is a guide to consistently winning at online Roulette. It is a


simple and to the point writing about an amazing system for
gaining an advantage at online Casinos. This book will show you
how to make £1000 per day or more from online Roulette.

68
Other Works by Samuel Blankson

Sixty Original Song Lyrics

Printed: 200 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (1072 kb)
ISBN: 1-4116-2059-3
Copyright Year: © 2004 by Samuel
Blankson
Language: English
Publisher: Lulu.com

This is a compilation of original song lyrics by Samuel


Blankson. This book contains 60 of the songs he wrote in
between 2000 – 2002. Having had some of these lyrics made
into songs for an album (see www.practicalbooks.org), and
several of them now on compilations, Samuel now shares these
60 song lyrics with you.

Images of Kilimanjaro

Printed: 53 pages, 8.5 x 11.0 in, Perfect-


bound
Download: PDF (2573 kb)
ISBN: 1-4116-2016-X
Copyright Year: © 2004
Language: English
Publisher: Lulu.com

This is a book of pictures taken from Kilimanjaro. This is an


accompanying book to the Calendar of the same name.

69
How To Win At Greyhound Betting

Images of Kilimanjaro

Printed: 26 pages, 11 x 8.5 in, Coil-


bound
Start Date: January 1st, 2006
Duration: 12 months
Copyright Year: © 2004 by Samuel Blankson
Language: English
Publisher: Lulu.com

Kilimanjaro, the tallest freestanding mountain in the world, is


captured here for you to feast your eyes on each month through
2006. Kilimanjaro is a source of life for Tanzania and Kenya
locals, who live on its life giving rains and water. I had the
honour of climbing this majestic mountain, and captured the
essence of its allure and mystery through these pictures.

Uju

Download: MPG (6523 kb)


UPC: 4-3157-3526-2
Copyright Year: © 2004 by Samuel and
Uju Blankson
Language: English
Publisher: Lulu.com

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.

70
Other Works by Samuel Blankson

The Bass by Samuel Blankson

Download: MPG (4811 kb)


Copyright Year: © 2004 by Samuel and
Uju Blankson
Language: English
Publisher: Lulu.com

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).

Investing in En Primeur Wine

Printed: 88 pages, 6.0 x 9.0 in, Perfect-bound


Download: PDF (1,095 kb)
ISBN: 1-4116-2867-5
Copyright Year: © 2005
Language: English
Publisher: Lulu.com

Wine investing is not new, it has been going on for centuries. In


more recent years (the last two centuries), government tax laws
on alcoholic drinks have made buying wine a little more
prohibitive to the investor who wants to keep them at home in
his/her private cellar. Nevertheless, as usual, the market has
found a way around this problem.

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.

71
How To Win At Greyhound Betting

Eight Steps to Success

Printed: 105 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (1,095 kb)
ISBN: 1-4116-2738-5
Copyright Year: © 2005
Language: English
Publisher: Lulu.com

We would all like to live a successful life, a life where our


relationships and finances are a source of happiness and joy.
This life is attainable by following timeless success principles.
These principles have been forgotten by our fast food, fast-
paced, reality TV society.

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.

The Eight Steps to Success is an inspirational book that will help


you understand, acquire, hone, and apply the principles of
success.

72
Other Works by Samuel Blankson

Taking Action

Printed: 105 pages, 6.0 x 9.0 in, Perfect-


bound
Download: PDF (1,095 kb)
ISBN: 1-4116-2735-0
Copyright Year: © 2005
Language: English
Publisher: Lulu.com

This is a book about taking action. For some, taking action


means something you will do, might do, should do, have done,
or never will do. This book will show you how to change your
understanding of taking action to mean something you are doing
NOW! When you change this focus in your life, you will release
great powers. This book will show you how to tap into this
phenomenal power and change your life.

73
About the Author

About The Author


An entrepreneur at heart, Samuel Blankson blends art,
creativity, passion, business acumen, and financial expertise
with careful planning and execution in the achievement of
measurable results. He is an avid reader, writer, researcher, and
securities trader.
He is an advocate of self-empowerment and an
individual’s ability to control their destiny through the
achievement of personal freedom from economic, financial,
spiritual, social, mental, and interrelationship restrictions.
Samuel is constantly working to push the boundaries of personal
achievements to their limits, recognising that these limits are
only self-imposed.
Samuel has authored over twenty books (How to Destroy
Your Debts, Living the Ultimate Truth, Developing Personal
Integrity, The Practical Guide to Total Financial Freedom
volumes 1, 2, 3, 4 and 5, and Attitude are some of these works).
He has written over 100 songs, sixty of which are featured in
Sixty Original Song Lyrics. He writes poetry, creates artwork,
and works daily to express his creativity in many ways.
Having successfully run several businesses, Samuel
diversified into securities trading over a decade ago, with great
success. After learning from the masters of the time, Samuel
progressed to develop his own methods and systems for
successful trading. Today, he trades many financial instruments
and has developed ways of successfully generating profits from
his many investments.
A firm believer in knowledge sharing, Samuel travels the
globe, teaching and sharing his personal knowledge with groups
of friends, associates, and anyone who seeks to improve their
life. This is the spirit of Samuel Blankson, a God centred
philanthropist, overcomer, and high achiever.

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