Betfair Tennis Trading – WTA Miami – Williams vs Li

Hi All!

Now I’m going to show you how I made nice 44 euro profit on a tennis match where many would probably lose as much. To be honest – I was also on the verge of trading out and taking a loss. However, Williams had to score just one point and the whole situation turned upside down and I could start reflecting on how to maximize the profits instead of minimizing the losses!

So here you can see that I’ve backed the favourite player Williams at odds of 1.66 using a hundred euro stake. As you can see her price is shortening and I could make around 15 euro profit had I closed the trade at the current odds. But there’s an essential part of every trading strategy – and it’s the minimum necessary profit per trade. In other words – unless the odds have reached the critical level – don’t get out of the trade!

Of course, no two tennis matches are the same and you always have to add that human factor to the trading process. But generally speaking – you just can’t afford to close trades as soon as the odds are moving in your favour and taking big losses at the same time, waiting until the last moment to see if the price is going the opposite way.

The second match ends with a tiebreak and it’s a very special moment for traders – a great opportunity looms. The price fluctuations are very large – especially if a player can win the whole match by winning the tiebreak.

In this tiebreak such a player is Na Li – if she wins the tiebreak, the match point is hers. Therefore I have to watch the game very closely in case if the underdog pushes Williams’s odds too high and the potential loss figure that’s showing in red gets too big.

But Williams manages to win this set point and the odds slip out of the critical zone. However, even by scoring the set point she doesn’t secure the minimum profit needed in this match. So I’m waiting a bit into the third set to see how the players perform. If Williams manages to break, it will most likely insure the profit margin I’ve calculated for this match.

And indeed – as Williams breaks in the third game of the third set, her odds shorten to 1.15 and I can close the trade with 44 euro profit! Not bad for less than an hour’s work. Do that 3 times a day and you’ll probably earn more than you do now in your day job. All you need is the right strategies at the right times.

Thanks and talk to you soon,

Paddy