A Simple
Tennis Trading System
Tools You Will Need:
·
Betfair Account
·
OnCourt.info
o With extensive and detailed information on over 540,000 tennis matches
it is a must for anyone betting on Tennis
·
An trading software
application
o
You will only need
to use the more basic functions but if you are looking to get more advanced you
should select your software accordingly. Widely recognized and recommend
software include:
·
Livesportontv.com
o
For this strategy
you will need to only bet on matches which are shown live. This website is
great for providing comprehensive listings for available matches
Other useful links:
Useful Statistics:
•
The favourite will
trade above sp in 85% of matches.
•
You can expect a strike
rate in excess of 53% for this strategy.
·
The strike rate
rises to over 70% if you focus your efforts on selections priced over 1.20.
·
Long term you can
expect to average an after commission profit of6% on stake. Don’t take this
figure lightly, remember that your actual liability in each match is much lower
than you stake, you can reasonably expect almost £40 profit for every £100
risked.
(This
information is based on actual results from over 400 live in-play matches
1. Visit ‘Live Sport on TV’ and check if any of the days matches are
televised
2. Go through the days ‘in-play’ matches which can be found on the
Betfair homepage. Select any matches where the favourite is priced at 1.6 or
less
3. You will be trading the favourite only, just after the match goes
in-play. Once the match has gone in-play,
a. Place a Lay bet of 1.2 on the Favourite
i.
If it does not get
matched before the end of the first set, cancel your order and move on to the
next match
ii.
If the initial
prices is less than 1.20 use a ditching calculator to adjust your price to
back. Your target profit is around 15% of your stake
b.
If your bet is
matched. Place a back bet on the same player at 1.45 (With the assumption you
have layed at 1.20)
i. Use your trading Calculator to ensure that you have an equal green
profit on both players
4. If the price continues to fall prior to getting your back bet matched.
a. Back the favourite if the price reaches 1.04
b. Cancel your initial BACK bet
i. Remember to use your dutch calculator to ensure that you have an even
loss on both players
**** Remember – If your first lay bet does not get matched in the first
set. Then cancel your bet and move on to the next opportunity. ****
Again, don’t be
fooled by how easy this is or its simplicity. If done right you should achieve
an average, after commission, profit of 6% on your stake. Remember, your actual
liability is much lower than your stake, so you should be average a $40 return
for every $100 risked.
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