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Can I make lay bets on greyhound markets?

The betting industry have massively changed in the last decade and more people have turned their sights towards the races, no matter if we are taliking about horse or greyhounds. Of course, in this article we are going to analyze the second part, but not the traditional way of betting. Many players out there have been intrigued by the possibility to become bookmakers by themselves, thanks to the lay betting option offered by the betting exchanges. The best part for that matter is that you can place lay bets on greyhound racing and make your dream come true.

 

If you have been wondering though which are thise betting exchanges where you will have the chance to place your lay bets on greyhound races, you can do so on the operators offere by Brokerstorm.com. Whitrhorse is one of the best choices for greyhound races, as it is a betting exchange which is expertised on greyhounds and horse races. Of course, that does not mean that you will not have the opportunity to bet on all the other popular sports, as well. You can also bet on the dog races on OrbitX and on Winfair24, all coming with extremely low commissions.

 

But it is time to see how you can place your lay bets on the dog races and other important info, like the bet types you can find to lay your bets and the benefits you might get by doing so, so keep on reading and you can thank us later.

 

How can I place lay bets on greyhound racing

To begin with, you should always have in mind that you can get involved with lay bets on greyhound markets only on betting exchanges and not on the traditional bookmakers. By placing lay bets on greyhound markets you state that you place a bet on an outcome that you don’t believe that will happen. So, as you might understand, this type of betting is the completely opposite of the back betting. As you said in this guide’s introduction, the only places to bet with lay betting are the betting exchanges and on Brokerstorm.com you will find some of the best on a global scale, like Winfair24, OrbitX and Whitehorse, all handled by a single account. So, so not miss out on the chance to get the most out of your bets.

 

But let’s get back on how you can place lay bets on greyhound markets and the first thing to analyze are the best possible types to place your lay wagers. The first one, as you could possibly imagine, is the Win market. You choose the dog or dogs you don’t believe they wil make it to the first place. You set the odds and you wait for another bettor to match your bet, believing that this dog / dogs are going to win the race. Then we have the market Places, where you don’t want your dog to finish on the top two, no matter the final position. One of the most intriguing lay bets greyhound markets though would be the Each Way, where you should guess if your preferred greyhound will not end up on the first or on the second place. You can also place lay bets on greyhound markets on multiples betslip. In this case you choose 2 of more different outcomes and place them into your betslip, expecting that these two dogs will not win. We are talking – of course, for two different outcomes that will occur from two different races and not from the same race. Finally, you can find the tricast and forecast lay bets greyhound marketsl, where you expect that a specific dog will not end up in the 3 first or the 4 first places of the race.

 

Since we have already analyzed the types on which you can place lay bets on greyhound racing, it is time to see what are the advantages of getting involved with a betting type like that. First of all and the most obvious of all would be that you have the chance to act as a bookmaker by yourself. You just have to set the odds on a market you don’t believe is going to happen and expect another bettor to match your bet, believing that this exact outcome will happen.

 

Moreover, another great benefit of placing lay bets on greyhound racing, is that you are going to get higher odds, thus a greater value on your bets. After all, you are the one to set the odds, meaning that you can create favorable prices, so in the end you will come out on top of the race by having a respectable profit. You just have to train yourself in order to manage getting the best possible for yourself, while still being attractive to other punters.

 

In addition, regarding lay bets on greyhound racing it is easier to pick a loser, than to pick a winner, as the chances are with your side. That is the best strategy when you are placing lay bets on races, as this is the great difference with the 2way markets offered on other sports. Finally, the best part of all, is that you won’t find any middle man when you are about to place lay bets on greyhound races. There is just you and the other punter, in contrast to what happen on the traditional bookmakers. And that is the reason why you have the chance to grab higher odds on your lay bets greyhound races.

 

Finally let’s talk about two betting systems you can use in your favor when you place lay bets on greyhound races. The first one would be Martingale, where you should double your stakes at every time you lose and get back to the initial one, when you win. Another great system to use when you want to place lay bets on greyhound races is the Labouchere. In this one you have to create a sequence of numbers and to create your first amount of bet, you just have to add the first and the last number of the sequence. Should you win, you erase those two and you add the first and the last number of the newly created sequence.

 

On the other hand, should you lose, you will have to leave the sequence almost as it is and add as the last number the amount of the bet you placed on your lost bet. Now, this will be the number to be added to the first number of the sequence and from that calculation you will get the new amount of your lay bets on greyhound races.

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