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Betting on Dog Races

Dog races represent one of the oldest forms of sports betting and today they are also available in a virtual environment, providing adrenaline enthusiasts with an endless source of entertainment and excitement. Betting on dog races requires a dose of expertise and knowledge to increase the chances of success. Check out the various types of bets, strategies, tactics as well as how to achieve winnings in this exciting and very interesting sport.

Variety of Bets

When it comes to betting on dog races, there are several different types of bets you can choose from, all depending on your strategy and your understanding of dog races. The existing bets include:

Bet on the race winner - This is the simplest type of bet, where you wager on which dog will win a specific race,

Betting on a dog to finish the race in first or second place,

Bet on a dog to finish the race in first, second or third place. This bet has a higher chance of winning but usually offers a smaller payout,

Bet on the exact order in which two dogs will finish the race.

Strategic Approach to Betting

Success in betting on dog races requires a proper strategic approach. This includes tracking statistics, studying the dogs' forms and understanding all the elements that influence the race outcome and could be significant for you. Diversifying bets and betting on various races or dogs can reduce risk and increase the chances of winning.

Understanding the different types of dog races and the rules that govern them is also crucial for successful betting. Some races may be fast and short, while others require more endurance from the dogs. The basic rules of betting on dog races are relatively simple but should be thoroughly studied.

Formula for Placing Bets on Dog Races

While there is no universal formula for placing bets on dog races, there are methods you can use to increase your chances of success and potential winnings. This may involve regularly monitoring the dogs' form and performance, as well as understanding the impact of weather conditions, race length, and the dogs' psychology on their performance.

Tactical Moves in Betting on Dog Races

A tactical approach to betting on dog races can be crucial. This includes choosing the right moment to place a bet and understanding how odds can vary before the race. Additionally, tactics may involve selecting the right type of bet for a particular race based on breed analysis, form, and dog statistics.

You must know that betting on dog races can be an exciting and profitable experience but requires a strategic approach, tactics and an understanding of this sport. Whether you are an experienced bettor or a beginner, familiarizing yourself with different types of bets, tracking statistics and understanding the basic rules of betting will help you achieve success.

Enjoy this exciting and fun activity!

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Virtual ticket, you can pay in WWin shops.
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Tax calculation according to the Law on Games of Chance, Sl. glasnik RS 22/19. Articles 101 to 103

Method of tax calculation:

  • Tax base = Total profit - Total stake
  • Tax = Tax Base x Tax Rate
  • Example: Ticket stake = 100,00KM, Odds: 15,00, Total winnings: 1500,00
  • Tax base = 1,500.00 - 100.00 = 1,400.00
  • Tax = 1,400.00 x 0.10 = 140.00
  • Payout = 1,500.00 - 140.00 = 1360.00

Tax rates in KM:

  • 0.00% - for winnings from 0.00 KM to 1,000.00 KM
  • 10.00% for winnings over 1,000.00 KM to 10,000.00 KM
  • 15.00% for winnings higher than 10,000.00 KM to 50,000.00 KM
  • 20.00% for winnings higher than 50,000.00 KM to 100,000.00 KM
  • 30.00% for winnings over 100,000.00 KM

Tax rates in €:

  • 0.00% - for winnings from € 0.00 to € 511.29
  • 10.00% for winnings over € 511.29 to € 5,112.91
  • 15.00% for winnings over € 5,112.91 to € 25,564.59
  • 20.00% for winnings over € 25,564.59 to € 51,129.18
  • 30.00% for winnings over € 51,129.18