Tuesday, April 24, 2012

Greyhound Handicapping - How to Bet For the Best ROI


Greyhound Dog Racing Tips.

Good greyhound handicappers know how much they spend and how much profit they make. They have a system for keeping track of their outgo and income. Do you have one? I'd venture to guess that most people who play the dogs don't have one.

If you go to the track, spend whatever is in your pocket and don't pay too much attention to how much you win and lose, how can you know if you're ahead or behind? You can't, of course, which means you won't know if what you're doing is working or not.

Besides the fact that it's just common sense to keep track of your money, you need to know whether the dollars you invest in bets are returning a profit or losing money for you. There's a simple way to do this and it doesn't take much time or effort on your part. As a matter of fact, it's almost automatic!

The first step is to decide exactly how much money you're taking to the track. Get that amount - in cash - and put it in your pocket. Now, every time you make a bet, write the amount on that race page in the program. Then, if you win, write down the amount you won. If you lose, put a big minus sign next to the amount you bet and circle it.

After the races are over, go through the program and add up the amounts you won and the amounts you lost. Total them on the back of the program or a blank page. Figure out whether you made a profit or lost money and write that information in large print on the front cover of the program.

Keep your programs in a central location at home and add them up as you go along. If you like, you can get a calendar just for this purpose and just put the amounts for each day that you go to the track on it. That way, at a glance, you can tell how you're doing.

When you subtract what you lose from what you bet, the profit is your Return On Investment. If your ROI isn't in the positive column, you need to consider a change in strategy at the track. Perhaps a new greyhound handicapping system would improve your bottom line.

Greyhound Dog Racing.