Everything You Ought to Know About Greyhound Racing News

 There are a lot of online bookmakers that offer a Live Stream Feature that allows the punters to follow the greyhound races in real-time. However, to place a successful bet on the greyhounds’ race, you must be familiar with the fine points of betting on such events. Here are the different types of bets as per the greyhound racing news. 

 

The different types of greyhound race bets

 

The types of bets you can place on the greyhound races are just as diverse as those for horse racing. They are similar. If you are a beginner to the sports genre, it will be a great idea to start by placing the simplest form of a bet. Thus, it is known as the straight bet or the win bet. Sometimes, it is also known as a single bet.

 

Simply put, when you place a straight bet, you will try to predict which dog will cross the finish line first. Thus, it means you are betting on who you think the winner is. Logically, if the dog wins, you will collect the profit. 

 

Another type of bet to place on such events is the Place Bet. As the name suggests, the punter is expected to place a bet on the favourite dog to finish first or second. It doesn’t matter at which place the greyhound finishes. If it emerges as the first or second-place winner, you shall collect the winnings. The amount of payout is the same for both positions. One of the most important factors to note is that the winning place bets will garner less profits compared to the straight bets. If the greyhound you’ve bet on emerges as the winner of the complete race, the payout will be lower than the profit of a straight bet winning. 

 

Show bets are yet another alternative. The dog you back must finish first, second, or third place, and all three places will pay out the same money. Since the bets on all three positions are winning, this will further increase the chances of generating substantial long-term profits. Sometimes you can also combine several wagers into one.