In this Barking Dog review, I’ll be taking a look at this unusual tipping services on the Betfan platform. Lay systems and services are nothing new – but can it work for greyhounds as well as with the horses?
What is Barking Dog?
Greyhound racing is, in my opinion, overlooked in the tipping world. There are just not enough good services picking winners. So, what this service has done is turned it all on its head and concentrated on picking losers.
Lay systems are nothing new in the horse racing world but are rare when it comes to the dogs. In horse racing, lay systems usually consist of lots of bets making small profits with the occasional big loss when one of the horses actually wins.
With there being usually just 6 runners in a greyhound race, this makes the likelihood of an unexpected winner that much more likely, so I’ll be seeing if picking losers on the dogs can make you any money.
How does Barking Dog Work?
For a start, you won’t be getting the 20 or 30 bets a day you get with some horse racing lay services. You’ll get 2 on most days, with maximum odds quoted rather than a minimum. In this case, it’s 21 so you have a bit of leeway most of the time. However, the lower prices you can get these at, the less damage will be caused when one of them wins.
You’ll be staking 5 points most of the time which will give you 4.75pts after the exchange has taken it’s 5% (though you’ll probably be able to get 2% with a little bit of extra effort). The idea of laying shouldn’t be new to you but you might have to get a bit familiar with Betfair to make this work.
How long does Barking Dog take to set up?
Making sure you’ve got a working account with one of the exchanges (preferably Betfair) is the first job on your list after you’ve joined. If you’re already familiar with the BetFan website you’ll know you have to register before you can do anything, but once you’re in you can follow any of their services easily.
After you’ve parted with your cash, and checked you can still get into Betfair, it’s just a case of sitting back and waiting for the first tips to arrive in your inbox.
How long does it take to use Barking Dog?
Once they do arrive, you’ll want to get them on quite quickly. In the same way you’ll expect the odds of a favourite to come in as you get closer to the race, you’d expect the prices of the less favoured runners continue to rise.
You might think that as you’re expecting them to lose, it doesn’t matter what odds you get. But, should it unexpectedly win, there is a lot of difference to the damage caused to your profits by 10/1 instead of 5/1.
So, while this will take you a maximum of a minute or two to do, it’s when you do it that will affect your profits rather than how long it takes.
How much can you make with Barking Dog?
All in all, those profits aren’t bad but it is a different mindset. With a usual tipping service, you’ll be used to frequent small losses and hoping for a big win. What you’re getting here is a series of small wins and hoping you don’t get a big loss.
So, on months when you get lots of wins an a couple of losses, you’ll make a decent profit. In months when nothing losses you’ll make a very good profit. More than a few losses and you’re in trouble.
Overall this service has made 123pts profit in the seven months this service has been running. In that time there has been 5 months of small profits (20-30pts) one big winning month and one big losing month which more or less cancel each other out.
So, apart from raising a few questions about bank size, this gives you an average profit of 17pts a month. At £10 a point that just gives you £170 and with smaller profit levels, you don’t want fees to be eating into that too much.
How much does Barking Dog cost?
Luckily, those fees are won’t do that. It’s £7 for a week, £21 for 28 days, £59.15 for three months or £100 for six months. This is one of the cheaper services I’ve come across and will give you an average of about £150 each month after fees.
A word about your bank though. If you have a few big losses, this will absolutely destroy your bank. A 100 pt bank would have been bust easily so you’ll need at least 200pts to be happy.
Barking Dog Review Advantages
This is a great little service. It’s easy to use and will take you next to no time. It’s different enough from everything else to keep it interesting and as you’d expect from a lay system, the win rate is incredible. The profits are reasonable and the fees are some of the cheapest I’ve seen.
Most of the time it’s a consistent little earner for next to no effort.
Barking Dog Review Disadvantages
The problem is, of course, is that you can have the occasional bad month that will wipe out everything that went before it. This means at £10/pt a £2000 starting bank will exclude some people and put off others who see the modest returns.
Barking Dog Review Conclusion and Overall Rating
That said, overall I really like this service. The frequent wins keep this ticking over, even if you do have to clench a bit if your selection is doing better than expected. I would have this as the only service I followed, but I would definitely consider it as part of my portfolio of tipsters and you should too.