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Greyhound racing betting is legal in most US states despite the number of active tracks declining significantly in recent years. In most states, customers can bet on greyhounds online through mobile apps developed by licensed betting operators. There are active greyhound racetracks in just four states today, and even that number is on pace to be cut by half over the near term. Most importantly, licensed greyhound betting sites are safe from a legal and financial standpoint. Additionally, legal greyhound betting sites in the USA have agreements in place with the host track of every race.
Online wagers are pooled with those taken in person and fans are paid at full track odds. These agreements also allow legal racebooks to provide live racing video straight from the track free of charge. These betting sites are well-known, financially suitable and have been in the business for a very long time. TVG and BetAmerica offer numerous promotions and rewards in customer signup and retention efforts.
One of the first promotions offered to new depositing customers when signing up is a bonus. Greyhound betting sites offer a variety of promos that change over time. These incentives often include cashback on losses, payouts if your horse comes in second and more. Greyhound betting was one of the first forms of online betting to be legalized in the United States.
Individual states retained the authority to opt-out of racing betting, however. Most states decided to allow racing betting, but a handful do not. You can see the full list of states that allow online greyhound betting below. So why did horse and dog racing get exemptions from the law? Well, it was most likely a result of political clout.
Horse and dog tracks have strong connections with politicians in their states and were able to plead their cases to the powers that be. Additionally, dog and horse racing tracks rely on betting revenue to stay in business. Internet betting was seen as a way to bring increased viewership and wagers to struggling tracks, which in turn hire people and spur the local economy. What this means for you is that it is legal to bet on greyhounds online and via mobile devices at any of the licensed racebooks listed here.
The significant decline in active greyhound tracks beginning in will have a major impact on the industry as a whole, but fans in most states including Florida will still be able to bet on greyhound races online at major websites for as long as there are active racetracks anywhere in the United States.
Greyhound betting is a form of parimutuel wagering , in which all wagers of the same type are pooled together. Payouts for each wager are determined based on the amount of money bet on each dog after the house take and taxes have been removed from the pool. The most important thing to know about parimutuel racing betting is that the odds are not fixed in place, even after you place your wager. The final payout odds are only known after the final bet has been placed. The advantage of pari-mutuel wagering is that bettors do not compete against the house.
The house takes a cut regardless of how the race plays out. Your only competition is the general betting public. Betting on greyhounds is almost identical to betting on horses. The same bets and wagers that can be placed on horse races can also be placed on greyhounds. This is the simplest greyhound racing bet of them all. In a straight bet to win, you pick one dog and you win if that dog takes first place.
This is another bet on a single dog, except this time you win if your dog finishes 1 st OR 2 nd. This bet is a little easier to win and therefore pays a little less than the straight bet to win. Again, you bet on a single dog. This time, your bet wins if he finishes anywhere in the top 3. An across-the-board bet is a combination of the above three wagers.
In this one, you pick exactly one dog and place three different bets on that dog: a win bet, a place bet and a show bet. If your dog comes in first place, you collect on all three bets. If your dog comes in second, you collect only on the place and show bets. If your dog comes in third, you collect only on the show bet.
Pick two different dogs and you win if they take first and second place. Pick the first place finishers of two different races. This bet is usually offered on the first two races of the day and you must place it before the first race begins. Similar to a daily double bet except in this one, you pick the winners of 3 different races. Sometimes you will also see Pick 4s and Pick 6s. Those also have the same basic idea except applied to four or six different races. Some dog racing tracks offer special jackpots for the Pick 6 bet.
A racetrack will set up some type of jackpot that grows each day until one person successfully picks the 1 st place finishers of six different races. A parlay is a chain of bets spread across multiple races. If your first pick wins, the winnings automatically roll over and are applied to the bet on the next race.
Parlays are difficult to win but they offer potentially massive prizes. All members get access to live video streaming of every greyhound race. Place your bets and enjoy the highest quality video feed available from all the top greyhound racing tracks. Watch up to three greyhound races at a time! Earn valuable Cash Rewards when you bet greyhounds!
Other online Race Books claim the same, but if you look at our Greyhound Racing Rebates you will see the difference. Make cash back at many greyhound tracks - win or lose! Learn More. All wagers through the OTB website are delivered electronically and commingled with host track pools, with all winning wagers paid at full track odds. Account: Forgot. PIN Forgot. Greyhound Racing Betting Online. OTB is U. Based , Legal, Licensed and Regulated.
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