Betting on tennis can get as exciting as watching a tennis match, under the right circumstances that can transform the act of wagering into an entire experience for the punters.
The thing with tennis is that there is so much action and so many things going on all the time, that those who love to bet on the sport have always something to look for. Bookmakers, including all the new betting sites in Australia, acknowledging the hype on tennis betting and the enthusiasm their customers have for major events such as the Grand Slams or other marquee tournaments, offer a variety of betting markets for different types of tennis bets.
Two of the most popular markets in tennis betting include match betting and outright betting. In fact, these two markets concentrate the biggest share of all tennis betting revenues generated by sportsbooks such as BC Game.
These two markets are also very popular both in the most prestigious, high-profile tournaments and in the smaller and less-known competitions. Let’s see what each of these is and which one is better for you.
With outright bets, punters back their favorite tennis player to win the entire tournament. They are not bothered with individual matches in any of the rounds, only with who gets to win in the end.
Outright bets
Outright bets are very popular when there are big stars taking part in a tour. A lot of bettors will back Djokovic, Nadal, or Alcaraz for the outright win in any tournament, whether a high-profile one or not. And the truth is that big names always have good chances of getting the title, which is why they don’t often come with the best of the odds. The odds for the favorites are not really high.
But we are talking about tennis, where anything is possible and we’ve seen some of the greatest upsets in the history of sports. So, outright betting is much more about the underdogs and the expected upsets. Underdogs have significantly higher odds and thus betting on them can get you significantly higher potential payouts.
But while outright bets, if placed carefully and strategically, can bring in a lot of profits, they can be really disappointing, especially given the fact that they lock in your money for a long time and you have to wait much before they get to be settled. Plus there is not much fun and excitement going on with outright bets, as there is little engagement at the time of placing the bet. And we haven’t even thought of the possibility of the player being eliminated early in the tour and not being able to reach the finals…. That is really disappointing.
Now, let’s get to match betting. Here there is much excitement and considerably more engagement with the event. You watch the match and you are anticipating the result to see what’s going on with your wager. The odds for match betting can be high- though not as high as it can be in outright bets. So, you might give up pay-out potential (which is higher in outright betting), but what you get is more pleasure and more fun, which ultimately affects your entire experience.
But then again you get all the excitement, but you also are running the risk of putting your emotions into your decisions. A long-awaited upcoming match between a player you admire and follow and one you don’t really fancy, will very likely lead you to consider betting with your heart and not with your mind. And on top of this, too often bettors get carried away by their emotions – good and bad, because we may be talking about frustration too – before they place their bets and in this way, end up betting not on what has greater value, but on what you want to occur.
Outright betting or match betting in tennis then? Well, both to be honest. Each has its own advantages and limitations and each offers different opportunities for entertainment. It’s totally up to you to decide. Or you don’t even have to decide and go after both of them!