Betfair Tennis Trading – Roddick vs Ferrero 27.09.2008
September 27, 2008 by arcmdn
Filed under Trading Examples
This was a tennis match in Beijing Open Quarterfinals between Andy Roddick and Juan Carlos Ferrero. Andy Roddick was the favourite player with current ATP rank of 8. Ferrero, on the contrary, is ranked 48 and was this match’s underdog.
However, as it sometimes happens in tennis, clear favourites don’t always win the first set of the match. And clever Betfair tennis traders like me (LOL!) can exploit the ensuing price movements to their benefit!
As clearly described in one of my Betfair tennis trading systems – Race Your Profits – you can wait on the favourite player to lose the first set and then act accordingly. What this acting accordingly means? Well, if you’re not a Betfair trading newbie, it should be pretty clear to you. You have to back the favourite first and then lay him off when he breaks in a game, for example.
But this time I did something different. As you can see, I layed off the under-dog Ferrero at the odds of 1.83 when the favourite Roddick scored a game point.

The next game was for the under-dog to serve and I was closely watching the match. During the next game both players scored a number of points each. When the favourite player had an advantage and Ferrero’s odds had drifted out to 2.1, I backed him.

The result – 27 euro profit in less than six minutes! Not bad, is it?
If you’re wandering how I could predict that Ferrero’s odds would drift out, here are a few cornerstones of successful Betfair tennis trading:
* Quite often a strong favourite having lost the first set will gain a few game points at the beginning of the next set.
* When a player scores all the points in a game, you can confidently expect him to perform very well during the next game as well. Even if he takes the opposite player’s serves, by the way.
* Break points are crucial moments during tennis matches triggering very good price movements.
However, to make consistent long term profit, this is not enough. You have to know the right odds filters and exit strategies – and it’s what my Tennis Trading League Systems are all about:-)
Regards,
Paddy





Howard on Fri, 17th Oct 2008 9:46 pm
By the way, I was trading on the very same match! I didn’t have all green at the end of it, though.