WTA Tennis Odds
I was reminded of that tennis betting system by John S. So, I revisited the betting system this morning finding out that the system is profitable only if bettors lay at short odds — like a bookmaker does — or bet at bigger than average odds.
No surprise there I suppose! The spreadsheet I created calculated the probability of each tennis player to win each game and depending on the average odds found in the database, it was able to prompt the value bets I needed to risk my money on. Initially though, my back testing conclusion was that the system was profitable only if bettors bet against those value bets.
In other words trying to turn a losing system into a winning one, since if one bet on the value bets, they would lose in the long run. On the other hand, due to having developed the system quickly, I assumed layers would have a steady profit target, risking different amounts per bet.
Many sportsbooks offer live betting as well, where the odds change often depending on who is ahead. In the example above we have a spread margin of Player A wins the first set and then loses the next 2 sets Other props or exotic bets for tennis include who will win the first set?
Will the match end in two sets or three? And various correct score bets which predict the exact result of the match. For futures long-term bets , there are odds listed for most major tournaments posted weeks before the event, with updated odds listed between each round as the competition progresses. Similar to golf, there are four major tournaments in tennis: For women, Serena Williams has always been a popular pick, but she has been surpassed at the top by Simona Halep and Caroline Wozniacki.
Betting on these players usually means taking short odds, but also a much higher chance at a payout when the championship trophy is awarded. If we consider in addition information regarding the opposite player AH line movements, we would have 10 wins and 2 losses when other participant will have AH line moving up raised or remain unchanged.
We do not count events where's no information regarding the opposite AH games - line movements. This is the best practice in our opinion. There would be 3 losses when the opposite AH games-line were dropped.
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