Tennis Betting Options - Fixed Odds & Spread Betting
Tennis Betting Options – Get Set for a Year of Smashing Grand Slams
The world’s finest tennis players will brave the elements and vie for glory at the Australian Open in Melbourne over the next fortnight and Sporting Index have all of the excitement covered. To celebrate the start of the tournament Sporting Index have enhanced the Men’s Outright Price of Novak Djokovic from 6/5 to 11/8, and Simona Halep to Win Ladies Outright from 9/1 to 12/! Max Stake and Terms apply.
Organisers are optimistic that the tournament will go ahead without a hitch, allowing the likes of Serena Williams and Novak Djokovic to strut their stuff on the big stage. Naturally Sporting Index have some fantastic tennis spread betting markets to increase the excitement, and we have compiled a handy guide for anyone unfamiliar with the options at their disposal. These are some of the most popular fixed odds bets and the spread betting alternatives:
Fixed Odds Bet: Winner
The most common fixed odds bet simply involves predicting which player will win a particular match. Our traders assess the relative strengths and weaknesses of the players and assign a different set of odds to each one. The odds are fixed at the time of the wager being accepted, meaning you know exactly how much you stand to win or lose.
You might see 4/6 on Rafa Nadal to beat Stefanos Tsitsipas, and 5/4 on Tsitsipas being the victor. If you bet £10 on Tsitsipas, you know that you stand to either earn a £12.50 profit if he wins, or lose your £10 stake if he is beaten.
Spread Betting Alternative: 100 Index
The 100 Index is a spread betting market that allows you to bet on which player you think will win a particular match. Sticking with the example used above, you might see Nadal assigned a 100 Index of 59-65, while Tsitsipas might be assigned a winner market of 35-41.
The winner will be assigned 100 points and the loser will get zero. If you think Nadal will win the match, buy at 65. If you think he will lose, sell at 59. If you buy at 65 for £1 and he goes on to secure victory, you will earn a profit of £35, because the market would settle with Nadal awarded 100 points and that is 35 points greater than the price you bought at. The difference is multiplied by your £1 stake to calculate your return.
However, if Nadal lost the match, he would earn zero points in this market. This would leave you 65 points below the price you bought at, meaning you lose £65 to £1 stakes.
If you sold for £2 at 59 and Nadal lost the match, you would earn a profit of £118 because the market would settle at zero, 59 points below the sell price. But if Nadal ended up winning the match, you would lose £82, because the difference between the points he gains and the price you either buy or sell at is multiplied by your stake, so in this case there would be a make up of 41 points.
Fixed Odds Bet: Total Games
This tennis betting market allows you to speculate on whether a match will finish quickly or go the distance. It is a great option if you are unsure who will win the match but you do think it will be decided in a set number of games. The odds compilers will set a total games line and you simply have to bet on whether it will go over or under that figure.
You might see the line set at 20.5 games, with odds 10/11 on over and 10/11 on under. If it finishes 6-4, 6-3, under will pay out, as the total would be 19 games. If it finishes 7-5, 3-6, 6-4, over will pay out. Once again you know exactly how much you stand to win or lose.
Spread Betting Alternative: Total Games
The Total Games market takes on a new dimension when it comes to spread betting. You might see a spread of 20-21 and you then have the option to either sell at 20 if you think it will be a one-sided contest or buy at 21 if you think it will be tight. If you decide to buy at £5 and it finishes 7-5, 6-4, you’d return £5. That is because the total games (7 + 5 + 6 + 4) equals 22, which is one greater than the price you bought at. This is multiplied by your stake to calculate your return.
If the match finished 7-6, 6-4, you would earn a £10 profit for there being 23 games, two points over the spread. If it finished 7-6, 7-5 you would earn a £20 profit and if it were to finish 7-5, 3-6, 6-4, you would make a £50 profit, as the market would settle at 31 games, which is 10 over the price you bought at.
However, if it finished 6-4, 6-4 (20 games total), you would lose £5. If it finished 6-1, 6-3 (just 16 games), you would lose £25, and so on.
The big difference with spread betting is that the odds are not fixed and the amount you stand to win or lose can change. It can lead to bigger profits, but also potentially bigger losses. Many punters find it to be more exciting than fixed odds betting, but you should proceed with caution while you learn the ropes.
Fixed Odds Bet: Games Handicap
This gives the supposedly weaker player a head start in order to even things out. Let’s say Serena Williams is the clear favourite to beat Elina Svitolina. You might find odds of 10/11 on Williams -4.5 games and 10/11 on Svitolina +4.5.
If you bet on Williams in this market, she would need to win the match by a margin five or more games in order for your bet to pay out. If she won 6-2, 6-4, you would earn a profit. If she won 6-4, 6-4 or lost the match, your bet would fail.
If you bet on Svitolina, she could still afford to narrowly lose the match and your bet would still pay out. If she lost 6-4, 6-4, you would make a profit, but if she was comprehensively beaten you would lose your stake.
Spread Betting Alternative: Game Supremacy
Our traders will give the supposedly stronger player a Game Supremacy Index over the weaker opponent. You might see Serena Williams assigned a Game Supremacy Index of 4-5 over Elina Svitolina.
You then have the option to buy at 5 if you think Williams will secure a comprehensive victory, winning over 5 games more than her opponent, or sell at 4 if you think she will struggle. If you sell at 4 for £10 and Williams wins 6-4, 4-6, 7-5, you would make a £20 profit. This is because Williams would have won 17 games, while Svitolina would have won 15, giving Williams a margin of 2. That is 2 below the price of 4 you sold at, and you multiply that by your £10 stake to calculate your winnings of £20.
If Svitolina were to win the match 6-2, 6-3, sellers would make a £110 profit. Svitolina would have won 12 games compared to 5 for Williams, leaving Williams on -7, which is 11 below the sell price.
However, if Williams ended up winning the match 6-3, 6-2, you would be down £30, so you would be counting on her to have an off day. The precise margin of victory, in either direction, directly impacts your total win or loss, giving you a vested interest right to the very last serve.
There are plenty more options at your disposal, from Match Supremacy to X-Courts, so check out the tennis spread betting explained page, find something that appeals to you and get involved in the action for the Australian Open and beyond!