Sports Betting Trading Explained
Ok, why Sports Betting Trading in TENNIS you may ask. Can’t this trading method be applied to other sports? The answer to that question is that it is theoretically possible. The trouble is any trader knows that to make any real money in the market, there must be liquidity in that market. Now I am sure most of you must be wondering, if that is the case why not soccer then??
Admittedly, the soccer betting market is the most liquid of all sports betting markets. The trouble it is the way the soccer market is traded during a live match. Firstly, there are MORE THAN TWO outcomes to a soccer match, ie. win, lose or draw. By virtue of this alone, this puts the average punter in an unfavorable position already as far as winning is concerned over the long run. Secondly, every time when there is a goal, red card, penalty in a match, the market is momentarily suspended for trading until after the event is over. When the market resumes, the odds will be adjusted to reflect the new status of the team in the match, ie. up one goal, down one man etc. So can you imagine, it is like holding on to a portfolio of stocks and waking up the next morning to find that the market crashed and the value of your stock holdings has halved in value !!!!
Fortunately, these things don’t happen very often in the financial markets. However, can you imagine that happening every 5 to 10 minutes in a soccer match? Sure you may be on the right side of the bet when it happens, but it surely is a question of control and to trade in market conditions like that, will certainly make it unfavorable to the trader. It is little wonder that the bookmakers love punters for soccer matches.
So what is different about Sports Betting Trading in Tennis matches. Everything that isn’t is with soccer matches, ie. only 2 outcomes with a winner and a loser and no momentary suspension of matches.
Essentially by laying a bet, you are doing what a bookmaker does in the betting world. Let me explain this a little bit more, let’s say if you want to place a bet with a bookmaker on Roger Federer to win on a particular match and the odds are at 1.20 as he is the favorite to win. So you place a bet on him for $100 at odds of 1.20. What you have just done is actually backing Federer to win. So in betting terms, you have BACKED Federer at odds 1.20 for $100. The following shows you the financial outcomes for both winning and losing.
BACK Federer at 1.20 for $100 – FEDERER WINS – Winnings is $20, ie. $100 X 1.20 = $20
BACK Federer at 1.20 for $100 – FEDERER LOSE – Loss is $100, ie. entire stake of $100 is lost
The following is the bookmaker’s point of view from the above bet placed by you.
Lay Federer at 1.20 for $100 – FEDERER WINS – Loss is $20 ie. $100 X 1.20 = $20
Lay Federer at 1.20 for $100 – FEDERER LOSE – Winnings is $100, the entire stake of $100 is won in the bet
By the looks of things, it sure is nice to be on the side of a bookmaker doesn’t it ?? Until the existence of Betting Exchanges laying a bet for the average punter was next to impossible. However, it is easily done today with Betting Exchanges.
You will find that my Tennis Betting Trading method hinges on a premise of Laying a bet in a match most of the time and the expected volatility of the range of the odds traded in the course of the match. By doing so, the objective is to trade to what I call and ALL GREEN status which means, whichever player wins the match, you will WIN MONEY either way !!! The secret of course to pick matches with the right conditions for this to happen, and that is what you will find in my “Trading Tips” section.
All that is required for you to get started is to Register and Registration is FREE for a limited period so that you will get access to my REAL TIME Trading Tips. You will also need to have a betting exchange account and e-wallet like moneybookers for easy transfer of your funds. If you do not already have any of these accounts, please click on the banners below to get an account.
