How to win at grayhound betting

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.. How To Win At Greyhound Betting 10 T

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How to win at

Greyhound Betting

Samuel Blankson

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Free ebooks ==> www.Ebook777.com

How To Win At Greyhound Betting

iv

ISBN: 1-4116-2377-0

www.Ebook777.com

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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

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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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viii

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

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Introduction

Today sports’ betting is a big industry for the 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

book-Why is that? Well there are many reasons but most of them centre on these two things:

• Lack of a proven system

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2

Chapter 1

• Investing verses Gambling

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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

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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:

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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:

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

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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:

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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

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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:

Time Venue Trap #

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

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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

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

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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

12:09 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

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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

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

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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

12:37 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

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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

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

numbers at 2 to 1 odds

From the graphs in Figure 1, Figure 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

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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

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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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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The 2-race grid:

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The 10-race grid:

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Chapter 2

• Advanced Techniques

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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

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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)

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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:

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

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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

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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 £33WIN

13:33 Sunderland £6713:27 Sheffield £1413:19 Sunderland £29LOSE

13:12 Sheffield £5713:06 Sunderland £1412:58 Sheffield £29LOSE

12:51 Sunderland £5712:44 Sheffield £1412:37 Sunderland £29WIN

12:29 Sheffield £5712:23 Sunderland £1412:16 Sheffield £29WIN

12:09 Sunderland £5712:02 Sheffield £1411:55 Sunderland £29WIN

11:48 Sheffield £5711:41 Sunderland £1411:34 Sheffield £29WIN

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Table 4-1: Morning races with the times reversed

Win/Lose Time Venue Odds

17:48 Crayford £29 LOSE

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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

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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),

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As an example, if you had £750 to invest, you would do the following:

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:

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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

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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 1 st , 2 nd , or 3 rd position

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

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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

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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 1 st , 2nd and 3rd position appearances

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