Betting Guides > Tennis Betting Guide!

    Tennis Betting Guide!

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    TENNIS BETTING ODDS EXPLAINED

    As with all forms of sports betting, odds determine how much a bettor will win from any bet placed, provided they are successful and have correctly predicted the outcome. Odds on tennis are presented in three ways;

    Fractional – Popular format in the UK and Ireland

    Decimal – Popular across Europe and the southern hemisphere.

    Moneyline – Popular in North America.  

    No matter how knowledgeable a bettor or a tennis tipster maybe, as all sporting events are open to human error, sports betting will never be an exact science. However, the laws of probability do determine that an outcome is more or less likely to occur.

     

    WHAT DO TENNIS BETTING ODDS MEAN?

     

    So let’s begin with the common question, what do tennis betting odds represent? If a player is listed at odds of 1.75 to win a Grand Slam match, what does this mean? Well, betting odds represent a likelihood (often referred to as the ‘ implied probability ) of a particular outcome occurring. So if a player is listed at 1.75 to win a match, these odds reflect what the bookmaker believes that player’s chances of winning the match are.

     

    So what are the chances a player listed at 1.75 will win the match? We can answer this with a simple formula:

     

    CONVERTING DECIMAL ODDS TO IMPLIED PROBABILITY FORMULA:

     

    Implied probability = 1 / decimal odds

     

    So in our example, the chances of a player listed at 1.75 winning a match are:

     

    1 / 1.75 = 0.5714 = 57.14%

     

    Understanding the probability expressed in betting odds is key to successful golf betting. Knowing how to convert odds into their implied probability will only help enhance your chances of long-term success betting on tennis.

     

    HOW DO TENNIS BETTING ODDS WORK?

     

    So how much will you win if you place a bet on a particular player and he or she wins their match? This is a very simple calculation:

     

    Your Profit = (Stake * Odds) – Stake

     

    So let’s say we place a £10 bet on a player listed at odds of 1.75 to win an upcoming match. And let’s say that player wins. How much profit will you make on your bet?

     

    Your Profit = (£10 * 1.75) – £10

     

    Your Profit = (£17.50) – £10

     

    Your Profit = £7.50

    So in our example, we would make a profit of £7.50 on our £10 bet. A nice win indeed.

    You call also use our Calculator to ease this process {link}

     

    Where can you bet on tennis?

     

    Tennis betting and other sports betting is only available on certain sites.

    Find out where sports betting is legal on our page about sports betting legalization.

     

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