Like most individual sports, tennis is played all year round. As such, you can find tennis betting odds available on the online sportsbook. This isn’t limited to the four Grand Slams played but to every available tennis tournament with the ATP (men’s) and WTA (women’s) Tours.
How Do Odds Work in Tennis?
Before betting on tennis, you will need to learn how to read tennis betting odds first. The odds for tennis betting manifest in three formats: American, decimal, and fractional. The latter two are straightforward.
American odds, most used in American sportsbooks, show as either a positive number (e.g. +1000) or negative number (e.g. -200). These indicate how much is won on a $100 bet ($1,000 with the example) and what wager amount is needed to win $100 ($200 in the example).
Tennis’s game handicap is the point spread of the sport. Oddsmakers give or subtract games from a player. If a player has “-4” listed, it means 4 games will be deducted from his final score. He is the favorite. Alternatively, his opponent will have +4 indicating he is the underdog and four games will be added to his final score. The winning bet is whoever wins after their game handicap is applied.
The moneyline odds in tennis betting is where you pick the winner, straight-up. However, expect some potentially lopsided odds meaning you may have to shell out a lot to win a little when betting favorites. Alternatively, underdogs can pay a lot should they win.
The total is where you bet on whether the total games won from both players will be over or under what the oddsmaker has set.
Should the tennis betting odds be too steep, a way to get a better line is to parlay your bets. A parlay is when you put together two or more bets into one ticket. The result is a better payout although all bets in the parlay, no matter how many, need to win.
In tennis, futures betting is through the form of outrights. This is when you bet on a player to win the tournament. For tennis, the four Grand Slams have futures open as early as when the tournament ends. Thus, you can bet on futures almost all year round.
Examples of Betting Tennis
Let’s look at an example of betting on game handicaps in tennis. This is a line that has opened:
- Rafael Nadal -4 (-115)
- Alexander Zverev +4 (-105)
In this match, Nadal is a four-game favorite against Zverev. It means that Nadal needs to win by five games or more when we tally their total score. The match is played and Nadal beats Zverev 7-5, 6-4, 6-3. Nadal “covers the spread” as they say as his total of 19 games, minus 4 (-4) equals 15, which still beats Zverev’s score of 12. With the odds, a $115 bet on Nadal would net a $100 profit.
The futures market is another one that is popular and potentially lucrative. Let’s use the Wimbledon women’s outright as an example:
- Iga Swiatek +200
- Naomi Osaka +600
- Serena Williams +1400
- Maria Sakkari +2000
Only one of these players can win the Wimbledon hence only one bet here will win. Due to how long the odds are, it is possible to wager on more than one player and still profit. If we bet $100 each on Osaka at +600 and Williams at +1400, either one winning will cover the wagers plus provide a profit.Follow us on Twitter