We perform a large deviations analysis of homological growth rates of oriented geodesics on hyperbolic surfaces. For surfaces uniformized by a wide class of Fuchsian groups of the first kind, we prove the existence of the rate function which estimates exponential probabilities with which the homological growth rates stay away from the mean value. The rate function is given in terms of the multifractal dimension spectrum described in our earlier result J. Jaerisch and H. Takahasi, Multifractal analysis of homological growth rates for hyperbolic surfaces, Ergodic Theory Dynam. Syst. 45 (2025) 849–883. We also establish an Erdős–Rényi law, and refined large deviations upper bounds.
Jaerisch et al. (Fri,) studied this question.