Wagering on Men’s Tennis Matches
With great tennis players such as Andy Roddick, Roger Federer, Andy Murray, Novak Djokovic and Raphael Nadal dominating the tennis world, men’s tennis is quite exciting to watch. Players such as Roddick, Federer, and Nadal always make for an exciting, action packed match – which is great for the tennis spectator and even better for the fan that enjoys placing wagers on men’s tennis matches.
In most Association of Tennis Professionals tournaments, which are commonly known as ATP tournaments, the men typically play matches that end when one player has won three sets. These best-of-five tennis matches are naturally a bit longer than those that are played by the women. Women’s tennis matches are played in a best two out of three format. When betting on tennis matches, the betting line is normally stated in a traditional money line format and the bet pays out based on who wins the match. A money line listing for the early rounds of a men’s tennis match may look something like the following:
Novak Djokovic -2000
Sergiy Stakhovsky +800
In the sample tennis odds above, Novak Djokovic and Sergiy Stakhovsky are set to play one another. You will notice a negative number after Djokovic’s name and a positive number after Stakhovsky’s name. These positive and negative numbers are the money line. With money line betting, positive numbers indicate how much one stands to win for every $100 they wager. This means a $100 bet on Stakhovsky to win would pay out $800 if he in fact won the match. Likewise, a $200 bet would pay $1600 and a $50 bet would pay $400 if he pulled out the victory.
While the positive numbers in the money line express the amount of money potentially won per $100 wagered, the negative number does not work the same way. The negative number in a money line indicates how much money must be wagered to win $100. Novak Djokovic is listed at -2000. This means that a person betting on Djokovic to win the match needs to put up or wager $2000 to win $100. Likewise, if the wager were $1000, the bettor would win $50 if Djokovic won our sample match and a winning $4000 bet would pay out $200. Clearly, Djokovic is heavily favored in this match to beat Stakhovsky and clearly, the value from a risk-reward standpoint would be on Stakhovsky if one believed he had a legitimate shot at winning.
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