Tennis trading on Betfair is another superb way to take money out of the markets. There are various methods as you would expect, some of them are extremely simple while some take a bit more learning and practice.
Just a few of the methods I use are :
- Back the server
- Trade the break of serve
- Lay the server
- Various other in play opportunities when something unexpected happens (injuries, sudden change of form, loss of emotional control by a player etc)
Beware of just watching some of the many Youtube videos showing people trading tennis, it isn’t quite as simple as some of these videos make it seem. You absolutely must do your stats (I use this site), your preparatory analysis, and various news checks to make sure a player has no injuries which aren’t reported until shortly before the match, and any other due diligence you would expect to have to make in any genuine business like this.
Anyone can sit and watch a game of tennis, spot that someone like Federer has had his serve broken, and is extremely likely to break straight back, and then make some green out of such an opportunity. However this is more like value betting or in play trading, and typically, this is the hardest approach to master. This should definitely not be tried until you have mastered some much simpler, much more disciplined and planned strategies where you do your research before a game begins, and then you do exactly, EXACTLY what you planned to do for that trade.
You need to resist being swayed by commentary or other things, so I often trade without commentary or without audio altogether. In this way, I get an accurate view of what’s going on, as for most trades all I want is the scorelines and as FEW opinions in my ears as possible. The only opinion needed is mine, and that’s based on hard evidence such as player stats, serving stats, recent form and so on. Anything else only runs the risk of distracting you from your trading PLAN, and the plan is the only thing which sets apart the gamblers from the traders. This took me years to learn, so read this paragraph again to make sure it sunk in!
I will be publishing some of my methods very soon, more out of answering people’s questions than anything else. But to be honest there are some superb traders out there already publishing similar or identical methods, and in far more professional packages than I have time to create myself. To have a look at what I think is by far the best collection of tennis trading methods currently available – click here.