Greyhound betting is getting popular day by day, but most of the folks are still confused about the betting odds. Basically, Greyhound betting has emerged as a superior form of betting in comparison to the horse racing and sports betting.

So, let us consider a simple example to estimate the payout in a particular betting exchange. Let us assume that the total betting amount is about £5,000 and that the deduction of betting exchanges comes to about five percent of the total amount then it leaves £4,750 as the remaining amount in betting pool.

Now, suppose that the winner of the race happens to be the Greyhound numbered 5, resulting in division of money in the pool, and each of them get equal share.

In simpler terms, if there were about 100 punters, each of them gets a pay out of £47.50, and the betting exchange gets the agreed 5%, which is $250 as discussed already. Usually, the share of betting exchange is always more than payout given to a winning punter and hence the betting exchanges maintain profitability in this manner.

If you wish to make higher profit margins in greyhound betting then you may consider betting on a pool with fewer punters.