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

Betfair Tennis Trading – Madrid Masters – Tsonga – Ljubicec

When trading on the Mutua Madrilena Masters tournament in Madrid I had an interesting trade which I’ll show you in the video below.

The favourite of this match is the French player Tsonga and at the beginning of the match his odds were around 1.55.

I didn’t do anything during the first set of the match but now comes a very interesting moment. The favourite player Tsonga loses the first set and his odds drift out to 2.52.

Now tell me – even if you don’t know anything about trading tennis on Betfair – isn’t odds 2.52 a bit too high for a favourite player who’s lost only the first set by 6 : 4 ?

Yes, the player is a underpriced at the moment and that’s why I’m backing him at the odds of 2.52 using a hundred euro stake.

And now comes the next set and also the time for more action and profiteering!

Tsonga scores the first game point in the second set and it’s very promising as his odds shorten to 2.2. However, the most volatile prices can be observed when one of the players is facing a break point – and that’s exactly what I want to see in the next game of this set.

So I backed the favourite after the first set at the odds of 2.52 and now I’m following the second game in the second set to see how the events unfold on the court.

The game is being played very evenly by each player scoring points in turn until the favourite is with the advantage and his odds have dropped to 1.9 enabling more than 32 euro profit.

This is exactly what I’m doing and I’m placing a lay bet on Tsonga by clicking on the ‘Current Close’ button on BetAngel Pro screen. In a few moments the profit is split between both players evenly and no matter what happens I’ll get my 32 euro when the match ends!

But now – the best part of this video. Just have a look at what happens with the favourite’s price in a few moments – when he scores the break point. Yes, it was the very moment I was looking forward to; however, I decided to leave the trade when Tsonga had the advantage as I had already reached the necessary profit threshold.

So have a look now – the price drops down to 1.6!

Do you think I’m very regretful about not keeping the trade open for a few more moments? Well, I can only say one thing – this is what separates a gambler from a trader!

It’s essential to judge the events on the court by listening to your inner voice and while I could have made by far bigger profit by waiting a few more moments, I still made 32% profit from the stake, which is not bad at all.

And most importantly – never allow yourself to slip into a habit of counting the money you didn’t make. You’re risking of starting keeping the trades open for too long which is the very opposite of why you’re trading tennis on Betfair – executing profitable trades!

Talk to you soon,

Paddy