If you choose tennis as your preferred sport to bet on, you already have an “edge” over other people who place or offer odds on it. This “edge”, however, can only be used to consistently make money. To do so, you need to first grasp two principles. Apply the power of mathematics.
Principle #1
It is foolish to place a tennis wager (or any bet) with a “traditional” bookmaker. The saying “You can’t defeat the bookie”, is untrue. You just can’t beat them over time. Because the odds favor the bookmaker mathematically. The mathematical edge that the bookie has against the punter to make a profit is something that everyone should be aware of.
Computer technology has led to “exchange betting” and “matched betting”, a new kind of betting. The “betting marketplaces” are free from bookies. In other words, there’s no middle-man. Every punter places a wager against another punter (or punters) somewhere in the Internet ether. Any punter, or “trader”, can place a bet on a player’s win or lose. So, punters can be either an average bettor or a bookmaker.
The odds of exchange betting are not set by a third party or middle-man. They are set directly by the punters, who either place requests to have odds placed (if they want to act as an average bettor) or make offers to bets at odds they are willing to lay (if you wish to be a bookmaker).
As “back” betting operators lower their odds and “lay” betting operators raise their odds, the software of the exchange betting site matches all back bets with all lay wagers in the same moment. The “layers” and “backers” accounts are then automatically credited with the winnings a few seconds later, depending on the outcome.
The technology that allows for fair betting must be paid for. This payment takes the form of a percentage of the net profits made by the punter for an event or “market”. The commission is only for any positive difference between the winnings and losses of the same event.
This betting system is as close as you can get to a fair environment.
There are not many betting exchanges M88. This may be because the exchange software is so complicated and costly. Betfair holds about 90% market share at the time this article was written. Betfair is just one of the other exchange betting websites, along with ibetX (Global Betting Exchange), Betsson and Matchbook (WBX). Betfair is most loved because it was the first company to offer this “perfectly Fair” betting environment. It is also trusted to deliver accurate and timely results.
Principle #2
What gives tennis betting an advantage over other sports? Although the answer is simple, it’s often overlooked by people who regularly bet on tennis. If you haven’t bet on tennis in a while, you probably wouldn’t know the importance of the tennis scoring system.
Take into account this fundamental difference in the scoring system for tennis and other sports.
In order to catch up with the leader in other sports or games, the trailing team or player must win one point for every point it has lost. Only then will they be able to move on. This truth seems obvious.
However, in tennis, the losing team or player can lose the first set by 6-0. If the tie-break ends in 7-6, the team winning the second set may win by the narrowest of margins. ).
When the leading player or team wins the 2nd set, both sides instantly have equal scores, even though one or more of their opponents might have won more points.
This phenomenon can have a profound psychological impact on either one or both of the sides. It affects their play and the betting odds that are offered. This is an aspect of tennis betting, which could be the subject for another article. This article focuses on the mathematical side of tennis betting, and how to win with this knowledge.
How do you win at tennis betting
You now have a basic understanding of these principles. Now, how do you apply them to your advantage in making tennis bets.
It’s not enough to be a “backer”, or “layer”, but you must also wager on the event’s outcome. You’ll lose out in the long-term if that happens. Because there is always a slight difference between “back” and “lay odds, there will be no incentive for anyone else to offer odds or make any betting. This is combined with the commission that you pay on your net wins, and mathematically the “edge” is against the you (although it’s not as large as conventional bookmakers).