Greyhounds Betting and Odds at NetBet Sport

At NetBet, we aim to provide you with a vast array of sports betting markets, and that includes Greyhound racing. We offer some of the most competitive odds that go beyond just individual race bets, with our platform giving you the chance to dive deeper into various Greyhound markets. Whether you’re new to Greyhound racing betting or just looking to see what’s new, here’s a guide on how to make the most of your sports betting.

What is Greyhound Racing?

Greyhound racing is a fast-paced sport where specially bred dogs, known as greyhounds, compete on an enclosed oval track. These races are brief, typically lasting just a few seconds, and use a mechanical lure to lead the dogs around the track. Greyhounds usually retire young, between the ages of two and three, making them energetic and competitive racers before gracefully bowing out.

Greyhound racing is particularly popular among sports bettors, especially in the UK, where over 100 races take place daily across various venues. Although several tracks have closed in recent years, greyhound racing remains a beloved betting option due to its exciting pace and thrilling action.

History of Greyhound Racing

Although you can trace the earliest forms of Greyhound racing to ancient civilisations in Egypt, what most people would recognise as Greyhound racing was initially introduced in 16-century England, where dogs were trained to chase prey like hares. The activity was soon formalised as sport and it has grown in popularity throughout the years, with spectators often placing bets to feel as close to the action as possible.

In 1876, the first recorded greyhound race on a track was held in Hendon, England, though it wasn’t successful. In 1912, Owen Patrick Smith, an American, invented the mechanical lure as a humane alternative to live bait, leading to the establishment of the first commercial greyhound racetrack in California in 1920. By 1930, there were 67 tracks in the USA, though none were legal at the time.

Greyhound racing made its way to Britain in 1926 when Charles Munn introduced the mechanical lure and oval track, helping to establish the Greyhound Racing Association. By the late 1920s, greyhound racing had become one of the most popular events in the UK, with over 275 tracks in operation by the end of 1925. The first English Greyhound Derby was held in London in 1927.

The sport’s golden era in the UK followed the Second World War, but it declined sharply in the 1960s after the 1960 Betting and Gaming Act allowed for off-course cash betting. Today, while greyhound racing remains popular in the UK and Ireland, it has dwindled in the USA, with only 21 tracks remaining by 2014.

How to Bet on Greyhounds racing

We have various markets for you to choose from at NetBet, and with thousands of Greyhound races throughout the year, you’ll always find something to tickle your fancy. Here are some of the most common betting options available:

Forecast Bet: A wager on two greyhounds to finish in first and second place in the exact order. A reverse forecast allows you to win regardless of the order.

Tricast Bet: This involves picking three greyhounds to finish in the top three places, predicting the exact order they’ll cross the finish line.

Single Bet: A straightforward bet on one greyhound to win the race.

Multiple Bet (Accumulator): Select two or more greyhounds and combine their odds for a potentially larger payout.

Each-Way Bet: This consists of two bets—one on the greyhound to win and another on the position it will finish.

Through the NetBet app, you can easily navigate through all our Greyhound racing markets and place bets on the move. We also have a virtual Greyhound racing option for those who prefer to bet on simulated races.