The Risks and Rewards of Tennis Betting

Betting on tennis is something that brings with it risks and rewards like with any other sport. However, tennis is unique even for bettors in the sense that it has various different levels of competition which gives the bettors a wide array of choice while placing bets. Here’s a piece to guide you on all the risks and rewards involved in tennis betting.

The Risks

Risk Losing Your Money

The obvious one. As with any form of betting, betting on tennis goes hand-in-hand with the risk of losing your wager, and hence your money. While sports betting in general is much safer than gambling, since it is more dependent on your knowledge and skill, the luck factor may not always be with you. Even if you have substantial knowledge about tennis and tennis players involved, the player you bet on might have a bad day at the office, leading you to lose the wager.

If you needed convincing of this, just look at the match-up between Roger Federer and Grigor Dimitrov at the US Open in September 2019. Federer had beaten Dimitrov in all of their seven matches previous to this one. So as you can imagine, few people thought Dimitrov could pull off a miracle and finally beat Federer, and yet he did.

The point to keep in mind is that sports wagers will have their share of risks. The best you can do is keep yourself up to date on the sport and the players, understand how a particular match-up might play out and of course the recent form of the players involved. This way you reduce the risks to a minimum.

Negative Impact on your Mind

Losing money on a bet you placed can have a negative impact on your mind. This may be especially true if you were very confident about the wager since you put your money on the heavy favourite or based on your knowledge. Of course losing money is always going to bring you down, nobody is happy to lose, but it is important you are not affected by it long term.

To avoid this negativity and huge losses, it is vital you do some money-management before you place any bets. Simply make sure that you are not wagering money that you cannot afford to lose. If you bet a major chunk of your savings and lose a bet, it is inevitably going to make you sad and anxious.

The Rewards

Financial Gain

The obvious and the main reason behind betting on tennis is winning money on the wagers. You have to take the risk of losing money when you place a bet on a tennis match; however, if you win, you earn back whatever you bet and some more depending on the odds of the bet.

Risks and rewards are proportional to one another; if you take a bigger risk on your bet, the rewards will be bigger too should you win it. Hence, betting on the favourite between two players in tennis will give you smaller profits should you win. On the other hand, taking a risk and betting on the underdog will reap much more significant winnings if you win.

Here again, let’s consider the Federer v Dimitrov match that took place at the US Open 2019. While Federer was the overwhelming favourite to win the match, Dimitrov managed the unthinkable by defeating the Swiss legend. The bettors who took the huge risk of betting on Dimitrov were rewarded with a windfall of winnings.

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Entertainment Value

While most people tend to bet on tennis and sports in general is with the purpose of earning some money, others are in it for the entertainment it provides. People who bet for the entertainment value usually do not mind losing some money; they are in it for the thrill. Losing, in such a case, becomes more like a fee you pay for the entertainment.

Winning, of course, brings its own excitement and thrill along with it. Could be it validates the bettors knowledge on the sport or even his/her instinct. All in all, if you keep the bets to a small amount and only to the money you can afford to lose, sports betting becomes a very cheap source of entertainment.

Betting in tennis is quite a source of entertainment. Exciting as it already is, watching two (or four) players going at it to win the honours, betting adds another level of anticipation to it.

Tennis is a sport of momentum, and the momentum can constantly shift between the players competing. Even a single point can change the tide between two players and add the excitement of betting to that and you are left wanting little else.

Comprehensive Understanding and Following of Tennis at All Levels

Tennis is a highly competitive sport. It is a fierce battle for supremacy between all the players for eleven months in a year. Betting on tennis naturally compels you to follow the sport even closely than you usually would.

Unless someone is blindly placing bets on matches and players, the bettor is likely to keep himself updated on all things tennis. The eleven months in a year make for a long season in tennis, which means bettors have plenty of opportunities to place wagers on the various competitions taking place throughout the year. It is not often that you will have a dull moment with no tournament to follow and bet on.

Tennis has has multiple different levels at which the players compete, starting with the Futures tournaments which is the first and lowest rung of professional tennis.

Then comes the ATP Challenger Tour, where the players can earn enough points to become eligible for the qualifiers or main draw of ATP Tour tournaments. You are also likely to find former ATP event winners who have fallen down the ladder here, looking to get back to the top level.

Finally comes the ATP Tour level of tennis, which is the top level of professional tennis and the events that the very best players in the world compete in.

Looking at the different tiers of tennis you can understand why betting in tennis is popular. You have quite a lot of options that you can go with when it comes to waging bets.

While some people must have found that they are unable to follow the lower level of the tennis circuit since broadcasters usually tend to only show the ATP Tour level events. But now with bet365.com it has become quite easy to follow each level of tennis closely.

Bet365 allows users their exclusive option of live streaming* tennis tournaments taking place throughout the year. It covers all three levels of the tennis circuit- Futures tournaments, Challenger tournaments and ATP Tour, making it easy for bettors to keep track of the form of the players and pick out their favourites. There is no better alternative to understanding the tennis circuit than to actually watch and follow the matches.

To avail the live streaming services provided by bet365, all you need to do is create an account with them and deposit the minimum amount required in the account. Once you do this, you can avail their live streaming service all for free which again means that the money you deposited is left intact for you to use to bet on tennis matches.

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Feeling of an Expert

Winning tennis bets, or for that matter any sports isn’t just a matter of financial gains. For a few of the fans we spoke with informally, the financial motivation associated with tennis betting wasn’t as high as being able to boast to colleagues of a correct call.

Backing an outsider and seeing him/her win also wins punters big but also brings with a sense of satisfaction of making that kind of a call based on instinct.