Tennis is among the most popular sports in the world, giving fans amazing levels of entertainment. Many tennis fans also make money by wagering on tennis, leveraging their passion and knowledge of the game.
If you are looking to make money wagering on tennis, this is a quick guide for you. It tells you how tennis wagering works, the strategies you need for consistent wins, and why you need to choose the right bookie. It also discusses the importance of Pay Per Head (PPH) Bookies.
How Does Tennis Wagering Work?
Tennis wagering is among the easiest sports wagering to understand. Its most common wagering market is the moneyline, allowing wagerers to wager on the winning player. The common tennis wagering types are discussed below:
Moneyline
Moneyline wager type is very straightforward. It involves placing a wager on who you favor to win a tennis match.
Over/Under
This wagering market type entails wagering on the total number of games or sets to be played in a tennis match or the difference in the number of games won by both players.
Tennis Parlays
These are very easy and quick wagering types. It entails selecting two or more events to occur. The chance to combine multiple wagers in a single wager gives wagerers the opportunity to increase their payouts. It typically involves combining events in different games or the same game (known as same game parlay).
Tennis Futures
Futures allow wagerers to wager on future events, such as the player to win a tournament. It is usually available for the four majors in tennis – the Australian Open, the French Open, the US Open, and Wimbledon.
Tennis Teasers
Teasers allow wagerers to adjust totals or spread in their favor. This tennis wagering type helps wagerers increase their winning odds, though the payouts are also lower.
Props
This wagering type gives a great level of flexibility that allows wagerers to wager on different aspects of a game or tournament, such as the result of a set and when a player will be eliminated in a tournament.
Tennis Odds and Wagering Lines Explained
Carlos Alcaraz and Novak Djokovic are to meet in the US Open final, with +110 and -110 odds, respectively, to win. This means Djokovic is considered the favorite to win while Alcaraz is the underdog. Therefore, to win $100, you need to wager $110 on Djokovic, while a wager of $100 on Alcaraz will give you a $110 profit. That’s a moneyline wager.
To wager on the spread in the same game with the following odds
Djokovic -115 @ +2.5 games
Alcaraz -115 @ -2.5 games
If your wager is on Djokovic, he must win at least three games more than Alcaraz. If your wager is on Alcaraz, all he needs to do is not lose by more than 2 games. If Djokovic wins with over 3 games, a $115 wager will give you a $100 profit, while a $100 wager will give you a $115 profit if Alcaraz does not lose by more than 2 games.
Is a Tennis Wagering Strategy Required?
Consistently making money wagering on tennis requires developing and/or adopting a method or plan, known as a wagering strategy. Take note of the following strategies to increase your tennis wagering wins:
Go for worthwhile odds: the first rule of tennis wagering is to only wager when the wagers are worth it. Tennis odds are considered good when the probability of the outcome happening is higher than the odds suggest.
Consider players’ mentality, form, and schedule: details such as a player that just did very well in a major competition, favourite competitions, form, and mentality of players must be adequately accounted for in your tennis wagering decisions.
Monitor fitness: injuries are common in tennis, hence the freshness of players based on their schedule must be properly monitored before placing a wager on them.
Choose the right bookies: the bookies you choose make a lot of difference in your tennis wagering decisions. Hence, always consider key factors such as odds competitiveness, payment options, and ease of withdrawal when choosing a bookie.
What are the Benefits of Using the Right Bookies?
You stand to gain some edge if you choose the right bookie for tennis wagering. They include:
- Higher payouts: the best bookies offer highly competitive odds that increase your profit margin
- Diverse market types
- No delay in processing withdrawal
- Safe and reliable
- Excellent customer support to address your concerns
Check the record on courts: tennis players have their favourite courts. Some do better on clay, while others prefer grass or hard courts. Check the record of players on different courts before placing a wager.
Monitor climate: weather elements such as wind affect players. For instance, windy conditions often affect attacking players, who have to be more reserved than they would typically want to.
Check the head-to-head record: the head-to-head record between players offers crucial hints on what the outcome of a contest is likely to be. Some top players struggle against certain lower ranked players with certain skillets, hence it must be factored into your wagering decisions.
What are Pay Per Head Bookies?
Pay Per Head (PPH) bookies work as an intermediary between wagerers and bookmakers. They invest in high-level software and infrastructure for the creation of user-friendly platforms for bookmakers and wagerers. Pay per head bookies are geared towards streamlining wagering processes and enhancing the general experience of users.
Independent bookmakers pay Pay per head bookies a fee for each active wagerer, commonly known as per head fee. This fee takes care of every feature and service a pay per head bookie provides. Hence, it becomes easier for bookmakers to efficiently manage their sportsbooks. PPH bookies are important for the following reasons. They provide:
- User-friendly wagerer platforms, that allow wagerers access to a wide range of wagering options.
- Risk management, which involves setting wagering limits, odds adjustment, and monitoring wagering activities to reduce the risk of losses.
- Real-time odds, that allow wagerers to make wagering decisions based on changes in the wagering lines and the latest odds.
- Account management, such as account set up for both bookmakers and wagerers, deposit and withdrawal management, as well as ensuring account balances are up-to-date and accurate.
- Reporting and analytics tools that allow bookmakers to monitor the wagering activities of clients, track their performance, and make informed decisions to make their sportsbooks better.
Therefore, the merits of a Pay per head bookie include:
- Reduced overhead costs for bookmakers who don’t need to invest in wagering platform building and maintenance.
- It accommodates changing needs, giving room for scalability.
- It gives a level of flexibility that allows sportsbooks to focus on the preferences and specific needs of clients.
