Just like in other forms of betting, the main objective in tennis betting is simple: predict which player wins the match. If you’re correct, you collect a payout. Although the objective is simple, the procedure and calculation of the actual payout are complex. Also, there are terms and sports lingo that are unique to the game.
Top Bookmakers for Tennis Betting 2024
If you’re planning to bet on this sport or wants to improve your chances of collecting a payout, you should read up and prepare. And preparing means learning more about how tennis odds work and the different types of bets you can play.
How To Read the Odds in Tennis Betting?
If you’re a fan then you know that there are different kinds of tournaments and top-tier players who compete for the championship. And at the start of every tournament, some write-ups and predictions suggest that a certain player will win the title. For example, at the French Open, many publications may put Rafael Nadal as the favored player to win. Some will say that a player will have 6 in 10 chances of entering the quarterfinals. This is where tennis odds comes into the picture. In tennis betting, the odds will tell you the likelihood that an event will happen. Your tennis betting odds are represented by numbers, either as decimal, fraction or the moneyline. In many sportsbooks today, you can find odds in decimals and these are prominently displayed in the sports section.
For example, Roger Federer is booked with odds of 1.75 to win the Australian Open. If you see this in a sportsbook that hosts Australian Open betting, it only reflects the bookie’s assessment of the chances of the player to win the event (or match). In short, it’s an implied probability and it’s computed using the formula: 1/identified odds.
Using the formula, a Federer win has a 57.14% chance of winning (1/1.75). This means that learning how to read the Federer Nadal odds can help improve your chances of landing a payout.
Use the Tennis Odds to Compute for the Payout
Aside from telling you who will likely win, tennis betting odds also gives you an insight into how much you can win. Let’s use the odds for Federer at 1.75 to win the Aussie Open. To compute for the payout, simply multiply our stake with the odds. If you wager $100 on a Federer win and it happens, then you can collect $175 as a payout. And we consider the original wager, it means that your profit for this kind of bet is $75.
In short, reading and understanding the odds can help enhance your tennis betting experience. So before you place your bet and play real money, make sure you compare all available odds and use these to your advantage.
Know the Different Tennis Betting Bet Types
In tennis betting, it’s critical that you also know the different kinds of bets to play. Here’s a look at the most popular bets you can play at leading online sportsbooks:
If you’re looking at a tennis tournament in its entirety and you want to predict the eventual champion, then an outright bet is best. Here, you simply put your money on who you think will win the title. In previous French Open betting, Rafael Nadal is frequently the odds favorite to take home the Roland Garros title.
In many tennis betting sites, the match bet is the most popular. As the name suggests, you simply choose which player will win the match. For example, you can choose Dominic Thiem to win the tennis match over Novak Djokovic. Here, the number of sets played or points scored have no bearing on the payout. This type of betting is also known as the Moneyline and this is used as well in many sporting events. Also, this is the easiest tennis bet to play since you will only decide who will win the match.
This bet type works like tennis spread betting wherein a player is handicapped to level the playing field. Under this tennis betting arrangement, a player has several games or set as an advantage even before the start of the match. For example, a sportsbook may add a set to Andy Murray when playing Roger Federer (+1). This means that for your bet on Federer to win, he must win by 3-0 or 4 sets to 1. If you put your money on Federer and he wins by 3 sets to 2, your bet loses since through tennis handicap betting, the final set for Murray is now 3 (from the +1), thus it works like a draw. In this tennis gambling, the handicap can be in the form of games.
In tennis betting, this also refers to tennis over-under bets. Before the match, the sportsbook like Bet365 live tennis site will identify the total number of games to be played. It’s your job as a bettor to decide if the total number of tennis games will fall over or under this figure.
These are just some of the most basic tennis betting bets to play online. Depending on the sportsbook, you can also encounter specialty bets like props or even a tennis accumulator. In this type of wager, you combine multiple bets in one entry.
Always Prepare Before You Enjoy Tennis Betting Online
Tennis betting works on a basic principle. Simply put your money on the player who you think has the bigger chances of winning the match. And the amount of payout that you’ll collect depends on your wager and how risky your bet is. Although this may seem like an easy task to do, keep in mind that there are complex terms and lingo too that you should know. Before you start in tennis betting, you should learn how to read and compare the odds.
Aside from the odds, you should also learn more about the different types of bets from the money line to under/over. An understanding of these basic concepts can help you come up with a comprehensive tennis betting system that can deliver huge payouts. More than the payouts, a clear understanding of the concepts and procedures can help you enjoy tennis sports betting in a fun and responsible manner.
❓ What will happen with my bet if a player retires during a match?
For your bet to stand, at least 1 set needs to be completed. So if a player retires after the end of the first set, the bet stands.
🤔 What is over and under in online tennis betting?
An over/under bet is a bet on how many sets a tennis match will take to complete. You can bet that the match will end in straight sets - under 2.5 sets, or you can go for the over 2.5 sets bet, meaning the match will end after the 3rd set.
⚖️ Is tennis betting legal in the Philippines?
Yes, it is legal to bet on tennis in the Phillippines. All you have to do is sign up with a reputable and licensed offshore operator that accepts players from the Philippines.