Take the risk out of winning when betting on Australian greyhound racing by letting an expert do the form for you. Find out which boxes are best by choosing a Gold, Silver of Bronze package from jesmcdonald.com.
Don’t rely on luck when you want to win at the greyhounds. Expert form analysis by jesmcdonald.com will give you the tools to make money when betting on the dogs.
PROBABILITIES
Converting the betting odds into implied probabilities of winning may prove a more intuitive tool to use than viewing betting odds in isolation, especially for the novice.
To convert odds into implied probabilities, simply divide 1 by the decimal odds.
For example, a greyhound with a market price of $3 implies that the market believes its probability of winning is roughly 33% (1/$3.00 = 0.33). We say roughly because the sum of all probabilities must equate to 100%. However, because bookmakers and the TAB clip the odds, the market odds available are actually less than what would be available without an intermediary, thus elevating the sum of the field’s probabilities above 100%. For example, if you and a friend bet on a coin toss, and the odds are $2 for heads and $2 for tails, then the winner will win $10 on a $10 bet. If the TAB were acting as intermediary, then the odds would likely be $1.95 for heads and $1.95 for tails. The winner would record a net win of $9.50 and the TAB would keep 50c (the two players threw $10 x 2 into the win pool, and the eventual winner received $10 x $1.95 = $19.50, a net win of $9.50). The $1.95 odds imply the probability of winning the coin toss is 51.28% which of course we know is not true (it is 50% on any coin toss).
To overcome this, you can build yourself a “Wheel of Fortune†(WOoF) in excel like the one below. You’ll note that the probabilities of each greyhound adds up to a figure greater than 100%. However, the wheel of fortune adjusts the percentages of each runner to accurately illustrate the probability of winning according to the market. Using the wheel, you can try and imagine which number you might back based on risk and return. Or alternatively, the next time you see a greyhound runner with odds of $10, the wheel can help you visualise your chances of winning (again, if the market is correct!).
https://images.app.goo.gl/VuJTcNM9ymeNqfjp6
Box Number Odds Offered to win Odds translated into Probability of Winning
1 $10.00 10%
2 $5.00 20%
3 $2.10 48%
4 $8.00 13%
5 $12.00 8%
6 $20.00 5%
7 $26.00 4%
8 $16.00 6%
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When you will discover important greyhound races program t any time in the future a lot of betting websites will supply ante put up odds on Just about every greyhound happening within the heats, and that is frequently when punters can secure the highest feasible odds, so long as They may be prepared to back again a greyhound extended ahead of time of the final becoming run.
Greyhounds will often be procured with none crystal clear comprehension of what goes into possessing one particular. There are several Greyhounds wanting adoption and or fostering.
Greyhounds can Wait and see with children and have already been regarded to step delicately close to toddlers, Nevertheless they do most effective in houses with more mature little ones who know how to act close to canine. They are more prone to stroll clear of a teasing child than to snap at him.
seven billion a calendar year. A Selling price Waterhouse Coopers report in NSW in 2014 concluded the racing industry is a 'consumptive sector', and won't 'create any considerable productiveness Added benefits to the remainder of the economic climate'.
Greyhounds may become overweight, which happens to be poor for his or her health and fitness. It's common for your retired racing Greyhound to gain approximately five lbs . following retirement, but he should not be permitted to gain any over that. For the reason that he's tall, supply him with elevated feeding dishes to help make dining a lot more at ease.
He mentioned it absolutely was "disappointing" gamblers appeared unaffected via the modern insight to the sport's cruelty.
Loyal and affectionate with his loved ones, he isn't intense towards strangers, While He'll Permit you are aware of — via a bark or a subtle pricking of his small, folded ears — that someone's approaching your house.
Some canine are only simpler than Other individuals: they take to education superior and are quite easygoing. They are also resilient adequate to bounce back from a issues or inconsistencies.
Greyhounds occasionally have difficulty While using the sit command as it's actually not a normal place for them, and you will normally see them type of balancing on their tail.
Enrolling him inside a Puppy dog kindergarten course is an excellent commence. Inviting guests around on a regular basis, and getting him to hectic parks, stores that allow for canine, and on leisurely strolls to satisfy neighbors may also assistance him polish his social techniques.
They are smart and independent, even catlike in some ways. They are doing Use a sensitive facet and so are fast to react to tensions in the house. They may become shy or timid with mistreatment, even when it's unintentional.
All modern day, pure-bred pedigree Greyhounds derive through the Greyhound inventory recorded and registered initially in non-public studbooks in the 18th century, then in public studbooks within the 19th century, which in the end have been registered with coursing, racing, and kennel club authorities of the uk.
Wonderfully conditioned pet dogs race around the monitor chasing the entice, when punters guess on their overall performance in Significantly the exact same way as horse racing betting. An apart, and part of the attraction will be the remote likelihood the pet dogs will basically catch click here the rabbit, which Even though a unusual incidence, does transpire occasionally and causes massive consternation and pleasure amongst the puppies.
Dig down below the shiny general public façade of greyhound racing, And you will find one thing A lot uglier. Far from remaining 'relatives helpful' enjoyment, this cruel betting business churns relentlessly through revenue and life. Along with your tax dollars are keeping it afloat.
