For example, Emily's favorite tennis
player Serena Williams wins a majority of her matches. The chances
of winning for Serena's opponent, let's say the 102nd-ranked player
in the world, would be less than 50-50 for this very reason.
Thus, sportsbooks would make bettors wager significantly more money
on Serena than her opponent because of the disproportionate
likelihood of Serena winning the match.
In the case of Serena Williams versus an overmatched opponent, a
reasonable money line would require Serena bettors to risk $400 to
win $100; while a $100 bet on her opponent would win $360.
Here's how the money line would be listed: Serena Williams -400 /
#102 Ranked Opponent +360
Every $400 bet on Serena nets a $100 profit if she wins (plus the
return of the $400 risked). If her opponent pulls off the upset,
$100 bet on the underdog would profit $360 (plus the return of the
$100 risked). For more information on how this works, make sure to
check out Reading and Understanding Money Lines.
Another popular way of betting tennis is picking the winner of each
tournament before it starts. In fact, "Betting to Win" an outcome
event like Wimbledon is the most common way to wager on tennis.
Since tennis has multiple tournaments over the course of a year, "Betting
to Win" obviously offers numerous wagering opportunities. It is very
important to note that not all the competitors in a tennis
tournament may be listed, so another tennis betting option is a "field"
bet which includes all other competitors not listed.
The tennis odds on a "field" bet are typically comparable to a bet
on the favorite in order to protect sportsbooks from taking a big
hit if a major upset occurs. In exchange for a lesser payout, field
bettors gain the advantage of having more than one entrant that can
win for them. For example, the top 20 players going into a
tournament might be listed with their own individual odds while the
rest of the players are grouped together.
Some sportsbooks will also allow you to bet futures on the four
major major tournaments, which is yet another way you can "Bet to
Win" that can offer you appealing odds because you are betting far
in advance of when the event takes place. For example, betting on
the 2006 Australian Open now might get you much better value on
Serena, who may be 10/1 at this moment but dip to 6/1 closer to the
event if she is on fire. For more information on the value of
betting golf futures, read How Future Bets Can Pay Off.
Before placing a future bet or any bet on any tennis player, it's
important to find out their strengths and weaknesses. Some tennis
players perform better on different surfaces, and it must be noted
that the French Open is played on clay and Wimbledon on grass.
Playing on clay was the biggest weakness for Pete Sampras, arguably
the best tennis player ever. He won 7 Wimbledon titles but never
brought home a French championship. Fortunately for Sampras, he also
performed well on a hardcourt surface (the most common), where he
earned the other half of his 14 career Grand Slam tournament wins.
Other possibilities for betting tennis include proposition bets on
the number of sets a match lasts. There are several advantages to
betting at elite online sportsbooks but the very best will give you
the most wagering opportunities, so it's a good idea to shop around
and find out what everybody has to offer.
If you are a knowledgeable tennis fan who has a good feel about how
a match will likely turn out, then you should most definitely trust
your insights and use them to find strong bets. For those of you
with less experience, several sports web sites have power rankings
for players which should give you a good idea of who's hot on the
tennis court and who's not. Of course it's up to you to decide which
driver you want to bet on, but the more you learn about tennis, the
more prepared you will be when placing your bet. Hopefully now you
understand the basics of betting tennis and how tennis odds work!
|About The Author
RJ Bell is the founder of
Pregame.com - Where sports bettors get ready. RJ has been an
expert contributor to Maxim Magazine, CNN.com, About.com,
and ABC News - and has won 3 world handicapping
championships! Located in Las Vegas, the Pregame.com team
works at adding to your betting confidence with powerful
game insights and sportsbook reviews. FreePicksByEmail.com,
the biggest daily sports betting newsletter, delivers help
from famous handicappers.