With all the hysteria surrounding Tennis Trading at the moment, Chris Shepherd from TheTrendReport.org drops by for his first guest post in a long while to explain why he feels we should all be converting from football traders to tennis traders..
I am about to give you 5 reasons why it is better to be trading Tennis rather then Football but first I must offer a disclaimer. I must stress that I love football as much as the next man but I initially found it much harder to make a profit from. It was only when I discovered the nature of trading sports like Tennis & Cricket that I began to make better progress as a Betfair trader and this actually helped me with my football trading also. I am suggesting that if you are struggling with making your football trading pay then giving tennis trading a go might be the best thing you ever do.
Anyway, here is my list…
Seeing the market suspend in football drives me mad and I know other traders can feel the same.
This is a betting exchange after all and with the in-play delay there is no need for the market to suspend betting anymore. If someone leaves unmatched money in the markets then surely that is their responsibility and no one else’s? My main gripe with market suspensions on Betfair is the scary times when it remains suspended for too long or when it gets suspended without anything actually happening. I have frequently seen two quick goals go in with the market still suspended and that can leave some traders screwed. When you start trading Tennis you will love the fact that the market never goes suspended until the very last point is scored.
Probably the main reason why I love trading Tennis is the glorious market swings that you can often get. Do not make the mistake of expecting every match to be a close one and have great swings however I can definitely say that you get big swings more often then in football. You don’t see many football matches where both teams will trade lower then 1.25 but in 3 set Tennis matches you will definitely get a few per day like that at the start of a tournament.
Every Point Matters
When you come to start trading Tennis and you start watching the markets closely you will notice they move in accordance to EVERY single point that is scored. This makes the game far more interesting from a trading perspective for me.
In Football, the markets are reliant on goals being scored to make them move otherwise they generally move in the same direction through the match. So depending on which way you trade you are either relying on a goal being scored or not. Since football matches average 2.5 goals per game this can mean you actually end up with 2.5 opportunities to trade per match on average.
This can end up being quite frustrating as goals will arrive when you do not want them to and then when you want them to arrive it feels like its a stalemate. Since every point has an impact in a Tennis match there are so many different ways to trade a match from scalping to swing trading and this can make it a much more interesting prospect.
Low Laying Opportunities
I simply love the fact that you can often lay at very low odds and potentially pick up some huge wins. It makes every trading session feel that little bit more exciting as you never know when that next big win is around the corner.
For example, If I am watching a match and I spot a player trading below 1.10 but I feel the underdog has enough to get back in it then I can enter the markets for low amounts but still have the potential to pick up huge wins. For example, if a player is trading @ 1.01 but I think the underdog might pick up a few games before the end and cause a price shift then I can lay that play with £2000 and risk only £20. From there if the player only goes back up to even 1.25 I can exit for a guaranteed £400 on each side. I could make even more if I assess the situation and decide I could let it run longer. You rarely get opportunities like that in football since you are relying on goals to be scored and since football matches average 2.5 goals per game your opportunities will be limited.
It is a Beautiful Game!
Football may be “the beautiful game” according to the cliché, however Tennis is equally as beautiful. I must admit to not being interested in this sport in the slightest until Betfair came along but now I have spent many hours watching it I have definitely become a fan.
As mentioned earlier, every point matters in a Tennis match and when you have a close encounter then this can serve up some fantastic drama. There are some incredible athletes within the game (Nadal, Djokovic, Federer, Murray et al) and some entertaining characters (Serena Williams, Tsonga, Tipsarevic etc) which means there is rarely a dull moment on the court. I guarantee that if you commit some time to trading tennis you will fall in love with the soap opera of it all too.
So, those are the main reasons that I feel Tennis Trading is better then Football Trading. If you fancy adding more sports to your portfolio then Tennis is one I would definitely recommend getting involved with first.
Chris Shepherd also writes regularly for The Trend Report which features Betfair trading strategies and analysis for multiple sports.