There are several reasons why tennis is considered to be one of the most popular sports in terms of online wagering. Not only is this game relatively easy to understand, but matches occur on a regular basis and entry-level wagers are affordable to those who might be dealing with a stringent budget. There are nonetheless some finer points to iron out in order to make an informed decision. Understanding tennis odds is a perfect example. Let’s take a look at the three most common approaches as well as the unique characteristics of each. This will help to take the proverbial guesswork out of the equation.
Decimal Wagering Odds
Decimal wagering has existed for a long period of time and this system tends to be preferred throughout Europe. To make things simple, this approach involves multiplying the odds by the initial stake. The stake is thereafter subtracted from this total. The main intention here is to obtain what is known as the “implied probability”. Implied probability is simply another way of calculating the chances of placing a winning wager.
American Wagering Odds
As tennis is a predominantly American sport, this type of wager is arguably the most common. Odds will be presented with either a positive (+) or negative (-) value. Here is a general rule of thumb:
- Higher positive values signify that the chosen player is less likely to win.
- Lower negative numbers illustrate that the player has a greater chance of emerging victorious.
Positive numbers are meant to illustrate how much a wagerer would win when placing a wager of $100 dollars (or a similar currency) on the underdog. Negative values highlight how much would need to be wagered to win $100 dollars when placing a get on the favoured player. Of course, these values will change on a regular basis as the match draws closer. This why it is always important to check today’s tennis odds so that the correct wager can be placed at the right time.
This is yet another approach that is sometimes used when calculating the odds of a tennis match. Fractional odds are normally presented as a ratio of two digits (such as 15/1). This simply signifies that a specific player has a 15-to-1 chance of winning the match. Another important point to mention in regard to fractional odds is that the amount won will be determined by the difference between the two numbers. As a rule of thumb, a greater disparity equates to a higher profit margin. This only makes sense when we consider that “longshots” always pay out at a more attractive rate.
Please note that this is only a brief description of the three most common types of tennis odds that are likely to be encountered within online sportsbooks. It is always a good idea to perform additional research. This can help you to better determine which system is the most suited for your personal wagering style.