There is one system on the market that introduced me to the concept of permutations on the greyhound market
Simply put, the greyhound wizard asks us to wait until prices in a greyhound race meet pre-determined criteria and then back 4 of the 6 greyhounds in 12 combination forecasts. For simplicity let’s say traps 1 to 4 qualify: the bet comprises trap 1 to beat trap 2, trap 2 to beat trap 1; trap 1 to beat trap 3; trap 3 to beat trap 1; trap 2 to beat trap 3; trap 3 to beat trap 2; trap 1 to beat trap 4; trap 4 to beat trap 1; trap 2 to beat trap 4; trap 4 to beat trap 2; trap 3 to beat trap 4; trap 4 to beat trap 3.
Luckily, we don’t need to enter our bets as above. Instead just enter the following: £x combination forecast – traps 1,2,3,4 (mention the track and time of course).
Transferring this to the real world, the results are impressive, but there is one downside – you need the patience of a saint to wait for a qualifying race and this may put a lot of people off. The time required to sit and wait for a potential qualifying race (and even then we are not guaranteed a qualifying race) may prove just too much!
I can’t justify my time vis a vis the potential rewards of waiting for a potential qualifying race. That said, if you were to follow the horse racing or the football on a Saturday, there’s nothing to stop you checking out the prices of greyhounds in intervening races while you are engaged elsewhere – you can pounce then when a qualifying bet shows itself!
Available at www.greyhoundwizard.co.uk for £20. It’s also available with the
http://www.progamblingpackage.com/?hop=nsocat professional gambling systems package – priced at $49.97 or nearly £25. If you want the greyhound wizard, buy this and it will include a large number of additional systems – for £5 more. Note: the greyhound wizard here is called the winalot system.
Yes, permutations could be the key . . .
It dawned on me that permutations could really be the key to success here and I tracked down 2 such permutations that seek to exploit the tricast and combination forecast markets. The tricast market shows the winnings if you can predict the first 3 in a greyhound race, and the combination forecast, as already mentioned, deals with the first 2 in the race in correct order.
Permutations can help us include as many greyhounds as possible in a 6 runner race, and perm them in such a way that we will profit if our selections finish in the first 3 or first 2, depending on which market we are looking to exploit.
Perming and the tricast market
The tricast perm looks to exploit the poor runnings of favourites, by leaving them out of our calculations. Low priced dogs that are placed in the first 3 may result in our payout being lower than our actual stakes!
Here is an example of a tricast perm: Perm any 3 from 1,2,3,4,5 for a winning tricast = 60 bets. Immediately, the cost of the permutation should concern us here. Perhaps, then it would be wise to wait for races where there are a number of dogs all closely priced. On numerous occasions you will see races where there are 3 co-favourites at 3/1 or higher, and it is these which, if profitable, will give us a worthwhile return. We can include the co-favourites at 3/1 along with the next priced in the betting, in the hope that the outsiders run like outsiders!
With the above bet, a £1 tricast perm as above will cost you £60 and our returns, which must exceed £60, are only realizable if we have dogs priced at reasonably high priced odds. E.g. a result with the first dog priced 7/2, the 2nd dog priced 7/2 and the 3rd dog priced 5/1 will return £57.71, and leave us with a loss.
This may be negated if you have the betting bank to continue placing tricast perms on all of the races in a card, as we will have freakish results and large payouts over the £100 mark.
chosen, 3 are placed 1-2-3 all the time.
The inherent unpredictability of greyhound racing may be our downfall though.
For those who think a 60 perm bet is too expensive you can simply reduce the number of traps you cover, thus:
Perm any 3 from traps 1,2,3,4 for a winning tricast = 24 bets. Naturally, if you can hit any of the above races from Oxford with your 4 dogs, you are in profit throughout. But you now have 2 rogue greyhounds running against you, who MUST NOT be placed in the first 3.
Perming and the combination forecast market
A typical perm for combination forecasts (correctly selecting the 1st 2 in the correct order) can look like this:
Perm any 2 from traps 1,2,3,4,5 for a correct forecast = 20 bets.
The likelihood of you profiting increases with this perm because you only need 2 of your 5 selections to finish 1st and 2nd in whatever order. Again, we must ensure our payout exceeds £20 if working to £1 stakes. As you can see from the above table, some combination forecasts fell below our £20 target profit, and, again this is presuming that the dogs we leave out is NOT placed in the first 2, otherwise we lose our stake
(NOTE payments are calculated to a £1 stake, and will naturally increase in multiples, dependent on how much above, or below £10 you stake).
Outsiders sometimes do place in the first 2 or 3, so cannot be immediately dismissed on all occasions. I have no real method for selecting those dogs to be included in our permutations. Luck will, alas play a large part, and provided we are backing good priced dogs in our permutations we can engineer a profitable bet.
(Tip: wait for races with big priced co favourites and include the outsider )
Why you should avoid dutching
Dutching greyhound races is akin to dutching maiden and handicap horse races – the inherent unpredictability of these types of race make it a dangerous game. Remember our stakes in relation to returns can be quite high, and if we miss the mark, this can dent into our previous profits. With no real form basis to go on, and the betting forecast being inconclusive (remember the erratic nature of favourites runnings – how do we know if, this time, the favourite will actually win/lose?) dutching the dogs is a risky proposition.
Conclusion
A headache all round – if you have a large betting bank, and can bet in £20 or £60 (or multiples thereof) you can find that long-term you can make greyhounds pay. This is an area that I really need to investigate further -perhaps there is a lateral way to profit from the greyhound markets – it would be such a pity to let the opportunity of meetings throughout the day go to waste! Watch this space for more developments . . .