Most Important Reasons to Compare Odds
Comparing sports betting odds is like comparing prices. Naturally, you want the best value for your money. So why buy something that costs $ 1000 when you can get the same thing elsewhere for $ 800?
Likewise, comparing odds helps you determine the best operator to “buy” or place your bet. Sportsbooks offer different values of odds for the same bet on the same game. Comparing the best betting odds for tennis gives you insight on how to gamble online and maximize your potential winnings.
This is because the best betting odds for gambling on tennis will render the highest potential winnings for a tennis bet. In other words, your $ 10 winning bet can earn you $ 20 at one operator, but $ 25 at another.
That’s why it’s crucial to compare tennis betting odds so that you can truly maximize your winning capacity on a bet. By comparing odds, you’ll also see which operators offer the best tennis sportsbook odds on average. This is especially true for major events, like our US Open odds comparison .
Online Vs. Offline: Chasing the Best Odds
Technology is advancing at an exponential rate. With it, many traditional ways of doing things are slowly becoming outdated. The same can be said for gambling on sports. While land-based bookies are still largely used, the wave of online sportsbooks is becoming harder to compete with.
This is especially evident when you can weigh up the best football betting odds, tennis betting odds, whatever sports you like, all in a few moments. The internet grants you access to the most up-to-date betting odds comparisons.
The convenience, versatility, and flexibility, as well as access to bonuses and sports betting promo codes, is yet another excellent reason why online with the No.1 bookies is the way to go.
Whether you’re a tennis fan or a US online sports betting enthusiast, even without any prior knowledge, you can find the best sportsbook odds for tennis and place some decent wagers in a short span of time. All this, while having the latest stats, data, and all the tools you need, right at your fingertips.
Bookies with best odds for tennis:
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The History of Betting Odds in Tennis
Tennis has a rich history spanning hundreds of years. The four major “Grand Slams” were established between the years 1877 and 1905, while the first US Open was held in 1881. It’s now one of the most significant sporting events in the world, starting in late August, and finishing in mid September each year.
As tennis’s popularity sky-rocketed, so did gambling on tennis, which made finding the best betting odds for tennis more challenging. Fractional odds were the first to be used, with Decimal and American odds coming later. Tennis betting odds can seem confusing at first, but once you have a grasp of the basics, you’ll be able to view and understand our tennis betting odds comparison here, with ease.
Mostly, odds are just a term used in betting to express the likelihood of an event happening vs. the likelihood of an event not happening (or the “implied probability”). The odds for certain outcomes of a game in a single bet can be represented in three ways: Decimal Odds, Fractional Odds, and American Odds.
The majority of UK-based sportsbooks use fractional odds while much of Europe uses decimal odds, and American or “moneyline” odds are used in North America. However, most new US sportsbooks have the option for you to choose your preferred format.
American odds
A number, with a plus (+) or minus (-) sign in front of it. If the odd is negative (-), it means that this event is more likely to happen. If the number is positive (+), it means that this outcome is less likely to occur. A bet of $ 10 on +300 odds pays $ 30 + your initial stake of $ 10, giving you a total of $ 40. Using the same example on -150 odds, you’ll need to wager an amount of $ 15 to get $ 10 + your initial stake of $ 15, giving you $ 25.
Fractional odds
Usually written as a fraction, like 4/1 or 4-1 representing the ratio of the amount won to the stake of the wager. In other words, on a winning bet, you’d make $ 400 profit for your $ 100 stake. Odds of 1/1 are also known as “evens.” Tennis betting odds of course follow the same calculation.
Decimal odds
These odds represent the amount in winnings for every $ 1 wagered. Quoting the ratio amount, including the stake amount. So, 4/1 fractional odds = 5.00 is Decimal Odds.
Here’s what one odd looks like in all three formats:
American odds: +300
Fractional odds: 3/1
Decimal odds: 4.00
‘Implied probability’: 25%
Regardless of the format, the percentage will always stay the same, and your bet won’t be affected if you change formats.
Bookies with best odds for tennis:
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How Are Odds Calculated?
A bookie sets its margin for tennis betting odds (for example, at 5%), also called “vigorish” or “overround.” Calculated on historical performance and statistics, if the real probability is +200 odds (or 3.00 decimal and 2/1 fractional odds), then the 5% margin is subtracted, and the odds given will then be +190 (or 2.90 in decimal and 19/10 fractional).
Competitive US sportsbooks have lower margins, and one might calculate tennis betting odds slightly differently to another. On the whole, though, these odds will have better value compared to the odds on an unpredictable event like the winner of “X Factor”, because there is more data available on the former.
Using the formula:
(Amount to win x odds of winning) – (Amount to lose x odds of losing)
you can find the expected value of a bet. This equation is a fantastic tool to measure the profitability of a bet placed on the same odds over time. You can use it with all the best sportsbook odds for tennis.
Odds Betting Strategies
Arbing or matched betting
When it comes to making the best use of odds on offer from the No.1 bookies , tennis betting odds comparisons are crucial in betting strategies like arbing. This strategy is one in which you place a ‘back’ bet (for an event to happen) and a ‘lay’ bet (against an event happening) so that, regardless of how it turns out, you still end up with a profit.
The key is finding a bookmaker that has higher ‘back’ odds, and then a betting exchange with lower odds. Matched Betting in general terms, is a strategy used that will guarantee you a profit by taking advantage of free bet bonuses and promotions offered by US online gambling sites .
Points betting
Betting on points is more exciting but less predictable than other strategies. Having said that, betting on the player serving is usually a good strategy, as long as you make an educated bet based on a player’s strengths and weaknesses too.
Handicap betting
With this strategy, you’re betting on a player to perform well overall, as opposed to either winning or losing a match. Handicap Betting is a popular alternative to betting on one player against another in games where there’s an obvious top-dog and underdog, and if you find the best betting odds for tennis, you can turn a profit.
Betting on sets
Another popular alternative is to bet on a straight-set win. This strategy is best used in a match where there’s a solid favorite, and the likelihood of a straight-set is therefore higher. Factors like the surface of the court must also be taken into consideration here.
Win margin betting
Another popular alternative used to bet that a player wins his (or her) set by say, 6 to 2 instead of a straight match win. This usually increases the tennis betting odds significantly.
Live in-play betting
Seeing the player in action could help you determine whether it’s worth placing a quick bet at the best betting odds for tennis. This could be on a comeback set, for example, where top players are sure to bring their best.
Bookies with best odds for tennis:
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Bet $1 and Get $365in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
The Most Popular Markets in Tennis
There’s an abundance of tennis tournaments and matches to bet on throughout the year. The most popular betting markets in tennis include some of which we’ve covered above, Total Games, Match Winner, Handicap, and First or Second Set Winner. You can also use a parlay bet, also known as an accumulator, which is a combination of two or more wagers.
Odds Comparison FAQ
Yes, it’s 100% free of charge for you to use in a number of ways to maximize your online betting experience and strategy, as we’ve outlined above.
Q2. Is Your Odds Comparison Updated Frequently?
Yes, we only display the latest odds available from various top-rated bookmakers in the USA . Our Odds Comparison Tool can be used to compare odds for other major sports, including Football, Basketball, Golf, Soccer, and more.
Q3. Is “arbing” or “matched betting” legal?
Yes, it’s 100% legal – all you’re doing is placing bets with two sportsbooks that have contrasting odds on the same event. Our tennis betting odds comparison is perfect if you’d like to try out this strategy of betting.
Matched betting too is legal, though some sportsbooks might not like the idea of you turning the tables and using their free bets to make a guaranteed profit.
Make sure to read the rules concerning online gambling withdrawal options at your chosen sportsbook operator. Keep in mind these rules may be different from betting sites deposit options rules.
Q4. Do Sportsbooks Calculate Odds Differently?
Yes, each bookie has its own preferred method of calculating odds for an event. Still, statistical data including past performance, injuries, history, weather, and more are all used in determining odds on a specific event. However, you’ll notice that leading sportsbook apps all have highly competitive odds that are consistent over time.
Q5. How Often Are Live In-play Odds Updated?
This is purely dependent on the sportsbook you’re using, but there’s usually a delay of only a few seconds. Operators with high bookmaker ratings generally have fairly fast betting line updating.
Just remember that not all US gambling apps offer a live in-play betting option.
Conclusion
Comparing tennis betting odds before placing bets all willy-nilly is a crucial component of a concrete betting strategy. We make this part incredibly easy for you, though, by providing the latest odds comparisons and betting odds calculator tools so that you can keep your eye on the numbers.
At first glance, the best tennis sportsbook odds can seem confusing with all the math involved. However, as you’ve seen, all you really need is a basic understanding of how the odds and a few strategies work, and you’ll be well on your way to placing some decent bets for, hopefully, some very decent profits.
Bookies with best odds for tennis:
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Bet $1 and Get $365in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
