US Open Tennis
When I have a look at a Tennis match I am always looking for where the biggest potential upside is. Tennis is scored in such a manner that reversals in fortune occur with quite remarkable regularity. With these reversals come very sharp movements in odds. Bartoli vs Clijsters is a good example from yesterday evening, after the racing!
Clijsters started at 1.30ish (I missed the exact start) and as Bartoli grew in confidence Clijsters price moved all the way out to 2.30’s, a 100% trade. That was the high point for Bartoli as she eventually called on the trainer and slumped from that point onwards. By levelling the match Clijsters moved back to her starting price and onward from there.
I like opposing the favourite in a match as there is always tons of upside available and your downside is clearly definable. If you look at the match that followed the Clijsters match you can see how it is possible to still escape with a profit even if the favourite whitewashes his opponent.
Del Petro was priced at 1.05 to beat his compatriot Monaco, so I offered up some money to lay Del Potro at 1.05 which was matched. If Del Potro took the first set then his priced would come in a bit but if he got off to an indifferent start his price would shoot out. As it was, he got of to a comforable start and Monaco never really got into it, though he did fight hard on the first few Del Potro service games. This meant it was easy for me to trade out for a small profit despite the fact it was obvious no upset was on the cards. Only a tiny profit, but of course if Monaco had broken Del Potro then the price would have really started to move. A nice set up, lots of potential profit but little downside, in fact none at all. That’s why Tennis is such a nice sport to trade given the right setup.
Category: Tennis
