Generally speaking, it's a bad idea to run from carnivors (dogs, lions, tigers, bears, oh my). That just turns you into a prey animal, AKA Dinner. Dogs really can't help it, that's just the way they are made.
They are pack animals, though, so what I do is the Alpha B**ch thing. I make myself as big as possible and give a good low menacing growl: "Don't you even think about it" or a commanding bark: "NO! Get back!" has worked so far.
That being said, I have Halt and if I ever need it, I will not hesitate.
Give big space to the festive dog that make sport in the roadway. Avoid entanglement with your wheel spoke.
(Sign in Japan)
1978 Raleigh Gran Prix
2003 EZ Sport AX