Greyhounds spread betting
Considering the relatively small amount
of spread betting opportunities on offer in comparison
with something like football, greyhound racing does
well to comprise around 6% of all spread bets placed.
The multi traps (or multi mutts) index ranks as one
of the most violently fluctuating and heavily geared
market that a spread bettor can encounter. This opportunity
for a gambling roller coaster ride can make a spread
bet on the dogs particularly attractive for many. Even
with a minimum stake, it is very easy to win or lose
a large sum on any meeting.
Multi traps indices are published 30 minutes before
the start of each race. The index is on the total of
the multiplied forecast numbers for each race. Therefore
if trap 6 beats trap 5 (6x5) the race make up is 30.
In a standard 12 race meet, the theoretical range of
potential make-ups is potentially huge.
Spread betting on greyhounds has little to do with
individual runners. Many bettors put money solely on
trap numbers in the belief that a dogs starting trap
is the most vital performance related factor. Therefore,
a significant portion of all dog bets are ‘through
the card’ forecasts.
Traditionally, it is the dogs that run out of traps
1 (inside) and 6 (outside) that perform better. The
inside trap has less distance to travel whereas the
outside trap has a lesser chance of being interfered
with by other dogs.
The companies Hills and Sporting Index are, at present,
the best with which to have an account with as they
offer quotes on both the daily midweek BAGS meetings
whereas other companies do not. They also frequently
provide enough of a difference in quotes to make a bet
worthwhile. A scenario where one company’s sell
price is the same as another’s buy price is quite
common.
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