Tennis is one of the most popular competitive sports in the world and as such, attracts betting action from millions of punters from different countries. The game is played all around the world but is especially loved in countries like the United Kingdom, Australia, France, New Zealand, and the United States. A large number of tournaments are held throughout the year and many people would gather together to watch prestigious competitions and associations like the ATP, Wimbledon, or the US Open to see who the next big champ will be.
The sport is popular among spectators and punters alike since it offers no shortage of excitement and betting opportunities. There is a wealth of bets one can place on this gripping racket sport, especially online, as all major web-based sportsbooks offer a variety of tennis markets for punters to choose from. Many online bookmakers would also provide bettors with the opportunity to place wagers on the go via intuitive mobile apps, allowing them to never miss out on the action.
Tennis markets are preferred by both recreational bettors and professional punters, but if you are a tennis betting rookie, it would be a good idea to first learn about how tennis betting sites work and what types of tennis bets you can find there. Gaining a better understanding of the bet types and tennis odds enables you to make the best wagering decisions and become a successful tennis bettor in the long run. You can start by reading this article which introduces novices to all they need to know about tennis betting sites, odds, and bet types.
Features of Tennis Betting Sites
Many enthusiastic punters are accustomed to placing tennis bets with landbased bookies and often feel intimidated when transitioning to online sportsbooks offering markets on this sport. However, making this transition is well worth it since online sportsbooks are loaded with great features punters can benefit from.
First off, there is no shortage of tennis markets to choose from when you are betting online, with a comprehensive coverage of all prestigious competitions that run throughout the year, including major tournament series like the WTA, the ATP, Wimbledon, the ITF, the Australian and the US Open. But what is more important, online sportsbooks would often offer much better odds for tennis events in comparison to their landbased counterparts – very important if one is looking to become a successful sports bettor. Also, tennis betting sites would accept much higher wagers than landbased bookmakers.
Another feature that makes tennis betting sites so appealing is in-play betting, which is impossible to find at your local brick-and-mortar bookmaker. This enables punters to choose more favourable odds and place their bets while a given tennis match is still in progress. Naturally, one would make a better decision with their bets when the action on the court unfolds before their eyes.
Then again, there is the added benefit of watching a live video stream directly at the websites of online bookies. Some of the most reputable sportsbooks would even allow punters to activate live matches alerts and receive notifications for sets, games, and matches. Others would offer you audio-streamed commentary on some of the in-play events or even podcasts that would introduce you to the latest news about the sport. The bet slips are just as easy to fill online as those at landbased sports betting shops, with punters from different countries having the option to select from three odds formats – fractional, decimal, and American.
You can get more value for your money when you are placing your tennis bets from the comfort of your home since online sportsbooks are in the habit of rewarding bettors with welcome deposit bonuses, free bets, rebates, and bonuses on accumulators. Special promotions are often running throughout the course of major tennis events.
Of course, one needs to deposit into their online sportsbook account if they are willing to partake in these promotions. The diversity of secure payment methods is another thing tennis betting sites can brag about, with the option to deposit and withdraw via cards, digital wallets, online banking, prepaid solutions, and bank transfers. The websites of major sportsbooks are usually multi-lingual and offer a variety of common currencies as well as a professional customer support at all times.
Understanding Tennis Betting Odds
It is of essential importance to understand how the odds of tennis bets work before you back your favourite player online. There are three ways to express tennis odds, decimal, fractional, and American, but for the sake of simplicity we would use decimal odds throughout the following explanation.
In most general terms, tennis odds are meant to represent the payout the punter will receive for a winning bet. This would be the proper moment to clarify that sports betting is by no means an exact science but despite that, probability allows us to determine to what degree a specific event’s outcome is likely to occur. A good understanding of tennis odds allows us to determine whether a specific bet is worth investing money into.
Tennis odds would be easier to understand through examples, so let’s suppose a bookmaker has assigned odds of 1.10 for Raphael Nadal winning an ATP Barcelona match against opponent Guillermo Garcia-Lopez who has odds of 26.00. Now, what does this mean? Since the purpose of odds is to show us the probability of a specific event happening, the odds here indicate what Nadal’s and Garcia-Lopez’s chances of winning the match are, at least according to our hypothetical bookmaker.
It should be noted that the smaller the odds offered on a given outcome are, the higher the chances of this particular outcome occurring, and vice versa. Using the above-listed odds, we can easily calculate the likelihood of any of the two players winning. All we have to do is divide the number 1 by the odds assigned to the specific tennis player like so 1/1.10 and so 1/26, after which we need to multiply the result by 100 to transform it into a percentage figure. From this, it follows that Nadal’s chances of prevailing over Lopez are particularly high at 90.90% whereas Lopez has only a 3.84% chance of winning the match.
Another question that arises at this point is which player would reward us with a better payout? This is again calculable with the help of the assigned odds. The profits these two tennis players can earn you can be just as easily determined by multiplying the stake by the assigned odds. Therefore, Nadal can earn you as much as £110 in net profits with a £100 bet whereas the profits from Lopez (who is much less likely to win) would be far more impressive at £2,600.
However, there is usually no need for punters to calculate their profits from a specific bet when they are staking their money at tennis betting websites since the returns are automatically calculated when one fills in their bet slip.
Types of Bets Offered at Tennis Betting Sites
One of the surest ways to become a successful tennis bettor is to first understand what the different bet types for this game are all about. This would enable you to determine how much value you can extract from a bet and evaluate whether or not it is worth placing. Let’s face it – some tennis bets offer a good deal of thrills and excitement but are not worth it because one’s chances of winning with them are minuscule.
The sections below introduce novice tennis bettors to some of the most common types of wagers offered for this sport. Some are more advanced than others, but in all cases, they are worth learning about.
Outright wagers attract a good deal of action from tennis bettors worldwide for the simple reason they are among the most straightforward bets one can make on this sport.
Many recreational punters prefer outright bets because the latter offer rather considerable payouts and respectively, higher odds. That being said, winning with outright wagers is far more difficult because the player you are backing needs to win all matches he or she participates in to collect the competition’s champion trophy.
The bookmaker would offer you odds for both players, which balances out the market. An example will be a match between Juan Martin Del Potro and Damir Dzhumur where the two players are assigned odds of 5.45 and 1.15. Here, Del Potro is obviously a sure favourite, earning you £115 with a £100 bet for a total profit of £15.
One thing you need to consider when placing a match bet is how your bookmaker settles the wagers in cases when one of the two participating players withdraws due to injury or gets disqualified. Of course, the policies of each online sportsbook are different for such scenarios.
For example, if one player retires after the end of the first set, some bookmakers would declare his opponent a winner but if the withdrawal takes place before the first set is finished, all bets on this market will be voided. Because of this, it is very important to go through your online sportsbook’s terms before you back your favourite players with real money.
Correct Score Bets
This type of tennis bet is often called a set bet, so do not be confused when you encounter it under this name. Punters who are more audacious would sometimes even try to predict the correct score of the first set of the match, which we must admit is a huge feat. There is nothing overly complex about these bets since the punter simply must select the score they believe will be correct, if they are content with the odds it offers.
As you can suppose an inexperienced punter should avoid correct score bets because these are extremely difficult to get right even by expert bettors. It makes sense the odds available for correct score predictions are rather juicy and one such winning bet can earn you a handsome payout.
Over and Under Score Bets
To give you a better idea what this means, let’s use a best-of-three sets tennis match between Milos Raonic and Grigor Dimitrov. In one such case, there are only two betting options, for example over 2.5 or under 2.5.
If the punter decides to bet on under 2.5, this means either Raonic or Dimitrov needs to win in straight sets of 2-0 for the wager to turn a profit. Here it is irrelevant whether it is Ranoic or Dimitrov who emerges winner. The only requirement is for the match to end in under 2 sets, or fewer, because it is impossible to win half a set. An over bet would be the opposite.
First Set Winner Bets
Ask any tennis maven out there and they will confirm sometimes clashes may take quite a long time before somebody wins, especially if two tennis players of equal capabilities are competing against each other.
This type of bet poses as a great option for bettors who prefer to back the underdogs. This might sound irrational but there is logic behind this approach since the underdogs would often start the match strongly and win the first few sets before the favourite picks up and establishes a solid lead.
Accumulators are extremely popular among punters and can be made on a number of different sports. Tennis is not an exception, either. Note that you can also encounter them as “parlays”, but both terms refer to the same thing. With tennis accumulators, the number of selections is usually limited to 12.
These pay off handsomely since the odds for all selections are multiplied. But there is a catch. The successful outcome with an accumulator depends on all of its selections winning. You may have won 9 out of 10 selections but your entire accumulator will be considered a loss. What happens if a player you have included in your accumulator withdraws before the match has reached its natural conclusion? There is no need to worry if this happens since you will not lose your entire wager. One of your selections would be deemed a push and the wager will be reduced to a straight bet.
Handicaps are one of the more advanced types of wagers one can make in tennis and as such, are not recommended for sports betting novices. It is possible to make in other sports as well, like football, where it is referred to as point spread betting.
Handicap is artificially done by the bookies as a means to attract more action and balance out the market. The underdog is given an artificial lead by having extra points added to their score whereas the favourite has points subtracted from their actual result. Here the number of games played throughout the match is of crucial importance. The final match result is irrelevant with handicap bets.
As usual, it would be best to demonstrate with an example. Let’s suppose you are interested in betting on Djokovic against Nadal where you will have two options for a handicap. If you place a bet that Nadal will prevail with a handicap of -3.5, this means that he needs to win at least three more games than his Serbian opponent.
If the match ends with a score of 6-3 and 6-2 in favour of Nadal, this would mean the Spanish pro would have won a total of 12 games whereas Djokovic would have won only 5. When the handicap of -3.5 is applied to Nadal’s result, he still would prevail over the Serbian with a result of 8.5 to 5 and you will win your bet.
It is not difficult to see why these bets are confusing for beginners, but they are not that hard to master with a little bit of practice. Note that handicaps can be applied on the number of sets played and not only on the number of games in a set.
Specials, also known as proposition bets or props, rank as some of the most exciting wagers to place on tennis. These are usually offered when major competitions are under way. Note that specials are not related to predicting the final outcome of a tennis match or even the sets’ outcome. There is a wealth of options for bettors with these wagers.
There are many examples of specials. For instance, you can place a bet on whether or not there will be a tie-break in a given match. Another option is to bet on who you think would be eliminated in a given round or on the overall number of games played before the match is won. The possibilities are unlimited but do not forget that these bets do not offer a very good value.
It is hardly surprising online sportsbooks are so popular among punters. After all, they offer them the unique opportunity to place bets on events that are currently in progress via their live betting service. As you can imagine, it is much easier to make an educated guess what is likely to happen when watching the tennis match as it unfolds rather than placing bets before the event starts.
And another thing – live betting allows you to put your money on stake on almost anything. You can even bet on whether or not a player would register an ace during the respective match or on who would win the next point. The possibilities are practically endless.
Tips on Becoming a Successful Tennis Bettor
Some novices who are just delving into the world of sports betting wrongfully assume that being a keen tennis fan is sufficient to become a successful sports bettor. This could not be further from the truth, though. Turning a long-term profit from your sports bets on tennis requires a good amount of knowledge and practice. If you are new to tennis betting, take heed of the tips to follow.
To begin with, you need to do your homework, compare the odds available for the tennis markets at several reputable online sportsbooks, and choose the website which offers you the best odds. This will help you collect more with your winning bets. It would be optimal for you to open accounts at several sportsbooks with great odds as this would increase your winning opportunities in the long run.
This is not to say you must bet on a gazillion websites, but three or four good ones will do. This would enable you to compare the odds for the same market and event and make the best decision. For example, you want to back Nadal in an upcoming Australia Open match and have accounts at three bookmakers, each one offering you different odds for this outcome – 1.83, 1.72, and 1.87. Why accept the lowest 1.72 odds when you can extract more value from the competition’s offer of the 1.87 odds?
Then again, you must never place a bet if it does not offer any value, even if you are dying to back your favourite player. Why waste money on a sure loser? That being said, some research would help you identify the bets that offer you the biggest value. When you are a beginner, it would be best to start by first specialising in a certain area of expertise.
Choose the area that interests you the most regardless of whether this is the Grand Slam, the WTA, or the ATP. Start by mastering the most straightforward markets like match betting before you proceed to place more advanced wagers that are difficult to grasp. It would be unreasonable to start off with handicaps, would it not?
Also, you need to do your homework in the statistics department. Take advantage of the live streaming services at tennis betting sites and watch events from different competitions, even if you are not presently betting on them on the in-play markets. This enables you to get a proper understanding of different players’ styles, their recent performance, and the shape they are in. Always, consider the terrain matches are played on. Some players do better on a grass surface while others perform well on clay. Such factors can also influence the results.
Betting on sports, especially on tennis, is impossible without proper bankroll management and nurturing the ability to identify value. Both things are easily achievable by keeping a record of all the bets you place. You can include valuable information for each wager, such as your stake size, where you have placed the bet, on what event, at what odds, and on which date. One such record would also provide a very good overview of how you are doing with your tennis bets and will serve as an indicator as to which bet types earn you the most consistent profit.
And remember, one cannot go wrong when they invest a sufficient amount of effort and passion into an endeavour, especially when this endeavour is sports betting.