As tennis becomes an increasingly popular sport, more and more people are looking to make money by betting on matches. But for those new to sports betting, the process can be confusing and overwhelming. This guide is designed to provide you with all the information you need to start making money betting on tennis matches.
We will start by discussing the basics of how betting on tennis works and then move on to a more in-depth look at the available bets. Finally, we will give you tips on improving your chances of winning your bets. So whether you are a seasoned veteran or a complete novice, read on for everything you need to know about how to bet on tennis matches!
How do Tennis Betting Odds Work?
The first thing you need to understand is how tennis betting odds work. When you bet on a tennis match, you are essentially predicting who will win the game. The sportsbook will set odds based on their prediction of who is more likely to win and then allow you to place a bet accordingly.
For example, let’s say that Rafael Nadal is playing Stanislas Wawrinka in a Grand Slam tournament. The sportsbook may give Nadal odds of -350 and Wawrinka odds of +250. This means that for every $350 you bet on Nadal, you would stand to make $100 if he won the match. Conversely, for every $100 you bet on Wawrinka, you would make $250 if he were to win the game.
In this example, Nadal is considered the favorite, and Wawrinka is the underdog. This is reflected in the odds, as it is more difficult (and thus more rewarding) to bet on an underdog to win.
Now that you understand how tennis betting odds work let’s look at the types of bets you can place on a tennis match.
The Types of Bets You Can Place on Tennis
- Moneyline: The most common type of bet in tennis is the moneyline bet. This is simply a bet on who will win the match. For example, using the Nadal/Wawrinka match from earlier, you could place a moneyline bet on Nadal to win at -350 odds or Wawrinka to win at +250 odds.
- Point Spread: Another popular type of tennis bet is point spread betting. In this type of bet, the sportsbook will assign several games they expect one player to win. You can then bet on whether the favorite will win by more than that number or the underdog will lose by less than that number. For example, if the sportsbook expects Nadal to win 6-4, 6-3, you could bet on him to “cover the spread” by winning 6-0, 6-1 (Nadal would win by more games than the sportsbook expects) or you could bet on Wawrinka to “beat the spread” by losing 6-4, 7-6 (Wawrinka would lose by fewer games than the sportsbook expects).
- Set Betting: Set betting is a type of bet where you predict how many sets a player will win in a match. For example, you could bet that Nadal will win 3-0 (meaning he would win all three sets), or you could bet that Wawrinka will win 2-1 (meaning he would win two sets and Nadal would win one set).
- Prop Betting: Prop betting is a type of bet where you can wager on anything that is not directly related to the match’s outcome. For example, you could bet on how many aces each player will serve or whether there will be a tiebreaker in the final set.
Now that you know the types of bets you can place let’s look at some tips to help you make winning bets.
How to Improve Your Chances of Winning Tennis Bets
Being smart is just the start; you need to be wiser. So, let’s look at a few tips to ensure you give yourself the best chance to win your tennis bets.
First Step: The first step to improving your chances of winning tennis bets is to do your homework. You need to know everything about the players involved in the match, their recent form, and any injuries or other factors that could affect their performance.
Second Step: The second step is shopping for the best lines. Sportsbooks offer different odds on the exact match, so it pays to shop around and find the best deal. Additionally, keeping a lookout for promo codes like the FanDuel Promo Code can help you get even better value for your money.
Final Step: The third step is to be patient. Don’t bet on every match you see; wait for the right opportunity to place a well-informed bet.
Following these steps can give yourself a much better chance of winning your tennis bets. So get out there and start placing some winning wagers!
Conclusion
Tennis betting can be a lot of fun and can offer some great opportunities to win money. However, it is essential to remember that sports betting is a gamble, and you should always bet within your means. Be sure to do your homework before placing any bets and, most importantly, always remember to gamble responsibly.