Tennis is played all over the globe and attracts vast sums of money being placed on the outcome of matches. There are tournaments all year round and if you follow the sport closely it is possible to make lots of cash. If you are considering betting on tennis there are a number of things that you must know first. In this article, I will go through the basics and give you helpful tips to enable you to win big.
Tennis Betting Types
The first thing that you must understand before placing an online tennis bet is to know the different gambling options available. Choosing the correct method of betting will help you to increase your profits and cut the financial risks you’re taking. Different bets can be used as part of a strategy and it is easier spotting value on alternative betting types as generally, you get better odds than placing it only on the outcome of the match.
Match Tennis Betting
The most common type of tennis bet is Match betting which is a wager placed on the outright winner of the match. It is the easiest form of bet type to understand and use. It works by the favorite having a minus against their name. This means that the amount that you stake is greater than the winning you would receive if the bet won. The underdog is marked with a plus sign and this means that the amount you place is less than the total you would receive in winnings.
Tennis Set Betting
This form of tennis bet works by the punter guessing the correct score of the match. It is riskier than placing on the winner as it is more difficult to get right. Due to this, it has higher odds attached to it so if your bet comes in you stand to make a lot of money.
Parlay Tennis Betting
This bet type works by the punter placing a combination of different wagers all linked to the same bet. These can be a mixture of the different betting types and the payout is far greater than placing it on single matches. It is a very risky way to gamble as if just a single game does not go your way you will lose the whole amount placed on the bet.
Futures Tennis Betting
If you want to get better odds than what are available once the tournament has started you can use futures tennis betting. This works by the punter placing a wager on an outcome of a tournament that has not started. The further away it is the better the odds available. It is risky due to the punter losing all their stake if the player does not take part in the tournament. To overcome this though it is possible to take out insurance that will cover the bet made if this takes place.
Proposition Tennis Betting
It is possible to bet on anything tennis related and this is called props betting. It works by the punter choosing an outcome that they think will happen and the bookmaker will supply odds for this. The payouts for this tend to be extremely high and expert gamblers use this type to win big. By using all of their insider knowledge they are able to spot opportunities the bookie’s miss.
If you are thinking about having a punt on tennis make sure you set yourself a budget and do not go over that amount. To get your bankroll started why not use a Betvictor Promo Code 2017 for a £60 Free Bet. You can then get free money to gamble with and eliminate the risk of losing completely.