Posts Tagged greyhound

Dogs

Had a quick go at the televised Greyhound racing last night. Nothing special but a satisfactory result. There are lots of greyhound races on each day and if you have never tried it, it is worth giving it a go. Volumes can reach £10-20k per race and the markets are a little illiquid, but they are a decent supplement to horse racing for smaller users.

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Going grey

With the weather hitting the horse racing, I’ve been playing around in Greyhound markets a lot more. Greyhound markets are a different beast from horse racing for sure, but they are viable as a market. I don’t think they are viable on the scale of other markets but they certainly can produce the goods. I can’t afford to spend too much time on these markets but I think they should be of interest to many others.

In this P&L you can see that I earned £42 in 36 markets. While this is only just over £1 a race on average you can get up to 100 races a day. Also, I did this in between my other activity. Start multiplying these numbers up by day, week and year and they look interesting. I’ll stick a video up for Bet Angel customers when I get the chance. Worth a play.

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Greyhound racing in steep decline

Most people are familiar with how the levy raises money for horse racing, but this also applies to Greyhound racing. Both sets of funding are falling but the most recent decline in the Greyhound funding must be quite worrying for the sport.

Income from off course bookmakers to the British Greyhound Racing Fund is now expected to only reach £8.5m, compared to the 2009 budget of £10m, and £12m in 2008.

Full story here.

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