How to win at grayhound betting

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How to win at
Greyhound Betting

Samuel Blankson

www.Ebook777.com


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How To Win At Greyhound Betting
Copyright © 2004, by Samuel Blankson. All rights reserved
including the right to reproduce this book, or portions thereof, in
any form except for the inclusion of brief quotations in a review.
ISBN: 1-4116-2377-0

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Acknowledgements

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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How To Win At Greyhound Betting
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

viii


Introduction

Introduction
Today sports’ betting is a big industry for the bookmakers 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.
Why is that? Well there are many reasons but most of them
centre on these two things:
•
•

Lack of a proven system
Greed

We shall closely examine these two points later in this
book but for now let me put your mind at rest, we will also look
at how to win consistently, because in this book you will learn
many techniques and systems for winning with greyhound
betting and controlling your greed.

ix


How To Win At Greyhound Betting

Chapter 1
• Investing verses Gambling

2

Investing in Gambling

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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How To Win At Greyhound Betting

Prerequisites
Before you can start investing in gambling, you will need the
following:
1. Accounts with two to three bookmakers who accept
stop at the first winner bets, deal with greyhounds,
and with horse races.
2. Internet connection. (I like to use the Opera internet
browser to display the William Hill results page
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 ra.
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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Investing in Gambling
•
•
•
•
•




/>

When opening a bookmaker account, there are only three
things you should be interested in. These are as follows:
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:
•
•

•
•
•
•


/> for horses
/> /> />
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
5


How To Win At Greyhound Betting
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:
6


Investing in Gambling
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: />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.
7

How To Win At Greyhound Betting
Firstly, obtain the two morning race venues from
/>=GR. Secondly, sort them into time order as illustrated below:
Time
11:26
11:34
11:41
11:48
11:55
12:02
12:09
12:16
12:23
12:29
12:37
12:44
12:51
12:58
13:06
13:12
13:19
13:27
13:33
13:44

Venue
Sunderland
Sheffield

Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield

Trap
#

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.
8


Investing in Gambling

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.

11:41
11:48
11:55
12:02
12:09
12:16
12:23

Time Venue
Trap #
11:26 Sunderland
1
11:34 Sheffield
1
Sunderland 6 FAV
9:4
Sheffield

6 CF4
7:2
Sunderland
6
6:1
Sheffield
1
6:1
Sunderland 2 FAV
3:2
Sheffield
5
4:1
Sunderland 1 FAV
7:4
12:29 Sheffield
6C2F3
12:37 Sunderland
3
12:44 Sheffield
3JFAV
12:51 Sunderland
2
12:58 Sheffield
3
13:06 Sunderland 2JFAV
13:12 Sheffield
2
13:19 Sunderland
4

13:27 Sheffield
3
13:33 Sunderland 2 FAV
13:44 Sheffield
5

Odds
4:1
5:1
£5
£11
£24
£52
£114
£249
£545
7:2
4:1
5:2
7:2
7:2
9:4
12:1
4:1
5:1
3:2
6:1

lost
lost

lost
won
stop
stop
stop

From the results, you can see that you would have won on the
£52 stake at 6:1 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

9


How To Win At Greyhound Betting
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
12:23
12:16

12:09
12:02
11:55
11:48
11:41

Venue
Stakes
Sunderland
£5
Sheffield
£11
Sunderland
£24
Sheffield
£52
Sunderland £114
Sheffield
£249
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:
/>=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
10


Investing in Gambling
twice in a row. When you spot this pattern, place a seven-race
grid over the next seven races, as below.

12:16
12:23
12:29
12:37
12:44
12:51
12:58

Time Venue
11:26 Sunderland
11:34 Sheffield
11:41 Sunderland
11:48 Sheffield
11:55 Sunderland
12:02 Sheffield
12:09 Sunderland
Sheffield
5
Sunderland 1 FAV
Sheffield

6C2F3
Sunderland
3
Sheffield
3JFAV
Sunderland
2
Sheffield
3
13:06 Sunderland
13:12 Sheffield
13:19 Sunderland
13:27 Sheffield
13:33 Sunderland
13:44 Sheffield

Trap #
1
1
6 FAV
6 CF4
6
1
2 FAV
4:1
7:4
7:2
4:1
5:2
7:2

7:2
2JFAV
2
4
3
2 FAV
5

Odds
4:1
5:1
9:4
7:2
6:1
6:1
3:2
£5
£11
£24
£52
£114
£249
£545
9:4
12:1
4:1
5:1
3:2
6:1

lost
lost
lost
win
stop
stop
stop

Call your bookmaker, and place a stop at the first winner bet for
the third number to appear.
To calculate your winnings, use the following equation:
(Winning bet of x odds) – (loosing bets) = Total returned
£52 + ((£52 x 4) – (£24+£11+£5)) = £168 represents 16.8% gain
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.
11


How To Win At Greyhound Betting

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
12:58 Sheffield
£5
12:51 Sunderland
£11
12:44 Sheffield
£24
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
12


Investing in Gambling

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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How To Win At Greyhound Betting

Figure 4-3: Effects of eroding profits from increased co-favourite
numbers at 2 to 1 odds

From the graphs in Figure 4-1, Figure 4-2 and Figure 43, 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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Investing in Gambling
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
11:26
11:34
11:41
11:48
11:55
12:02
12:09
12:16
12:23
12:29

12:37
12:44
12:51
12:58
13:06
13:12
13:19
13:27
13:33
13:44

Venue
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield

Sunderland
Sheffield

Bet
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25

Remove the incomplete grid from the end of the list. Call
your bookmaker and place your bets. Make sure you tell them
you want to place a stop at the first winner bet on unnamed
favourites to win.
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.

15


How To Win At Greyhound Betting

Time
11:26
11:34
11:41
11:48
11:55
12:02
12:09
12:16
12:23
12:29
12:37
12:44
12:51
12:58
13:06
13:12
13:19
13:27

Venue

Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield
Sunderland
Sheffield

FAV
lose
lose
FAV
CF4
lose
lose
FAV
lose
FAV
lose

lose
JFAV
lose
lose
JFAV
lose
lose
lose
Total

Odds
4:1
5:1
9:4
7:2
6:1
6:1
3:2
4:1
7:4
7:2
4:1
5:2
7:2
7:2
9:4
12:1
4:1
5:1

Bet
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25
$64
$10
$25
$64

Profit
$0
$0
$173
$11.25
Stop
Stop
$25
Stop
Stop

Stop
Stop
$77
$0
$0
$69
Stop
Stop
Stop
$355.25

From the results of the morning races in the grid above,
you see that you have to stop after your first five bets, as you are
up 255.25%. This is the time to apply greed management.
Because you are in profit, you should not continue for the rest of
the day.

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:

16


Investing in Gambling
The 2-race grid:
5

10
15
The 3-race grid:
5
10
20
35
The 4-race grid:
7
13
27
53
100
The 5-race grid:
5
9
18
36
72
140
The 6-race grid:
5
9
18
36
72
145
285

17

How To Win At Greyhound Betting
The 7-race grid:
5
9
18
36
72
145
290
575
The 8-race grid:
5
9
18
36
72
144
289
577
1150
The 9-race grid:
5
9
18
36
72
144
288

576
1152
2300

18


Investing in Gambling
The 10-race grid:
5
10
20
39
78
156
313
626
1251
2502
5000
As you can see, the total grid stakes rise dramatically
with grid size. This means that profitability therefore drops with
wins. We will look at ways to deal with this challenge, starting
with the Triple Bottom Technique.

19