Getting Behind Some Important Sports Betting Strategies
What is Tennis Handicap Betting?
When it comes to tennis betting, it’s important to learn about all the available bet types to make sure that you increase your profitability, as you’ll be able to avail only the right options suitable for you. The most basic bet which can be placed on tennis matches is the bet on the match winner. Herein, you simply back the tennis player you expect to win the match, and move to the next round.
For instance, let’s say De Schepper is up against Roger Federer in his next Wimbledon match. Roger wins it in two straight sets, with the score line reading 6 – 2, 6 – 2. The closing odds for this match at Bet365 were 13.03 and 1.05 respectively. Now, if you had bet £ 100 on Federer win, you’d have received only £ 105 in return, scoring a net profit of just £ 5. As is evident, betting on favourites in this manner, involves very small returns at a relatively higher risk. This is where handicap betting comes into the picture.
Why should you place handicap bets?
Whenever an underdog is up against a huge favourite, the low odds for favourite don’t seem very attractive to the sports bettors, as they don’t like the idea of tying up a significant amount of their bankroll to earn only a tiny reward. This is the reason why bookmakers provide handicap markets, for countering the differences in players’ abilities, and for levelling the match. These handicap markets are normally about the number of games players are expected to win.
As a result, the probability of a player winning, or pricing of the handicap, becomes closest possible to 50%. Please keep in mind that you’re not actually guessing the actual winner when you’re betting on the handicap market. Instead, you’re betting on the performance of a player. The handicap is factored into the eventual score, for determining the win or loss of a bet.
It’s highly advantageous to bet on handicap markets whenever there is a clear favourite in a match. You can achieve maximum value in these markets by backing the underdog with a positive handicap or backing the favourite with a negative handicap. Therefore, in the match between De Schepper and Roger Federer, the handicap was +5 games for French and -5 games for the Swiss player.
About negative and positive handicaps
The tennis matches featured in the handicap markets have underdogs getting the advantage of a few games, i.e. a plus (+) handicap, while the favourites and get a disadvantage of few games, or a minus (-) handicap. This is basically done for countering the gap in their qualities.
The bets placed on the player who bags more number of games after the application of the handicap are considered winning bets, regardless of the player who wins the match.
Going back to the De Schepper vs Federer example, Federer won 6 games each in both the sets, while De Schepper managed only 2 games each in the two sets. Summing up the number of games won by both the players, Federer won 12 games in total, while De Schepper won 4.
Hence, any bets placed on Federer win, with the handicap of -5, would be winning bets as 12 - 5 works out to 7, which is higher than 4. Therefore, 7:4 is the final score as far as this bet is concerned. It is also referred to as ‘covering the handicap.’
On the other hand, any bets placed on De Schepper win with +5 handicap, would end up as losing bets, as De Schepper would lose 9-12 even after adding 5 games to his 4.