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Greyhound Betting Odds & Markets: Find the Best Greyhound Bet Online

It’s thought that the first greyhound race was contested as far back as the 1800s, so this is a sport with a whole lot of history.

To mark your card, here’s a look at greyhound racing’s major races each year, as well as the various bet types and markets you can explore.

Major Greyhound Racing Events to Bet On

There’s prestigious greyhound races that take place in all four corners of the globe, so dog racing betting options are never in short supply.

The English Greyhound Derby is one of the sport’s oldest renewals, dating back to 1927. The great and the good of racing have all contested this historic race at the famous Towcester Stadium, with the winner taking home around $300,000 in prize money.

The Irish Greyhound Derby typically takes place each September at Shelbourne Park, and remains the most famous dog race in Ireland. Around $180,000 is awarded to the winner.

With a total prize fund just shy of $1 million, it’s no wonder that the Melbourne Cup is considered a classic of greyhound racing. Held at Australia’s Sandown Park each November, a rigorous qualification campaign identifies the fastest dogs around, who are then pitted against one another in the showpiece occasion.

New Zealand has its own fair share of major greyhound races too, including the Auckland Cup and Galaxy Sprint. But it’s the New Zealand Cup that takes top billing at the Christchurch track.

Popular Dog Racing Betting Odds & Markets

You might be surprised by just how many different online greyhound betting markets there are, with numerous ways to place single and multiple wagers.

Here’s a quick look at some of the most popular options for betting on greyhounds:

Win

For those that bet on greyhounds, backing the winner of a race is the ultimate aim.

You might study the form and decide that the favorite is the worthy market protagonist, or you might think that an outsider provides the best value.

Place

In ultra-competitive races with large fields, exploring the place market can be a sensible option for your greyhound racing betting.

Although the odds are typically less attractive than win only, you can hedge your risk with a place bet.

Show

With a show bet, you can extend the number of places that are paid out to three – in races where there are four or more dogs competing, of course.

Quinella

If you think you have an accurate read on a race, you can look to make your analysis count with a quinella bet.

This requires you to correctly predict the 1-2 in a race – although your two selections can finish in either order.

A box quinella allows you to pick more than two dogs to finish first and second, although your payout will be impacted by the ‘losing’ picks.

Exacta

Like a quinella, only tougher to get right!

With an exacta, you’re looking to predict the exact 1-2, e.g. which dog will finish first and which will come in as runner-up, in that precise order.

There’s less margin for error than with a quinella, but the odds taken will be longer.

Trifecta

For the highest risk-reward in greyhound betting online, try a trifecta – here, you have to correctly predict which dogs will finish first, second and third in that exact order.

That’s not an easy task, of course, although the odds for a trifecta bet will typically be much longer than those offered on an exacta.

Futures

For the major greyhound races around the globe, you might just find futures odds available at BetVictor Canada.

These allow you to back a dog or two for a specific race weeks or even months in advance, which is a great way to lock in some early value if you have spotted a greyhound with plenty of potential.

There’s tips and advice on how to bet responsibly at our Safer Gambling hub.

How to Read Greyhound Odds

When you browse the greyhound betting odds for a single race, you’ll see a list of dogs with fractions next to their name.

The greyhound racing odds look something like this:

  • King Memphis 16/1
  • Links Maverick 18/1
  • De Lahdedah 20/1
  • Romeo Command 22/1
  • King Capaldi 25/1

In these greyhound odds, King Memphis is the favorite because he has the smallest fraction – which indicates the lowest payout.

To calculate your potential winnings from any greyhound bet, simply multiply the number on the right of the fraction by the number of the left. For every $1 wagered on King Memphis, you’d win $16. If you bet $0.50, you’d win $8. If you wagered $10, you’d win $160… and so on.

How to Bet on Greyhound Racing

With the various greyhound bets explained, you can now begin to plot your first wagers.

You’ll need a live, funded account, so click the sign-up button on the BetVictor homepage, or search for BetVictor in your relevant app store, to get started.

Once registered, you can claim an exclusive welcome offer before making a deposit via our secure payment portal.

Navigate to the greyhounds section and have a good look around, before clicking on the odds of the dog(s) you wish to back. Enter your stake, double-check the amount and tap to confirm – that’s how to bet on greyhounds with ease here at BetVictor Canada.

Find the Best Greyhound Odds Today

We’re confident that you’ll find the most competitive greyhound racing betting odds here at BetVictor.

Like all good greyhound betting sites, we offer odds for all of the big races as well as weekly meetings around the world too.

And armed with our welcome bonus, your greyhound betting journey couldn’t get off to a better start.

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Online Greyhound Betting Odds FAQs

How are Greyhound Odds Determined?

A greyhound’s breeding will be a factor in their odds for a race, alongside the reputation of their trainer, the dog’s form at the track and over that distance, and whether they have won a race of that class and grade before.

What Types of Greyhound Bets Can I Place?

You can bet on greyhounds to win or finish in the places, while predicting the 1-2-3 of a race via bet types including quinella, trifecta and exacta.

What Does SP Mean in Greyhound Betting?

SP stands for Starting Price, which is the odds that a greyhound is available for at the race’s start.

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