Live Tennis Trading - April 1 - Bank: $2249.43    Month 3 P/L: +$1249.43    Week 12 P/L: +$649.93
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What’s The Best Tennis Trading Strategy?

reading tennis trading markets

Reading tennis trading markets.

If you’re new to tennis trading this is perhaps one of the first questions that you would ask yourself, after you notice that laying and backing randomly is not a profitable solution. As a rule of thumb a profitable tennis trading strategy would be one that returns a higher percentage of winning trades compared to the red ones, while using the same stake.
In my opinion one of your first goals as a beginning tennis trader, considering that you are already familiarized with the basics of tennis trading, is to try and implement a strategy that brings you profit. Once you manage to have a green average you can start tweaking your game plan in order to increase winnings.

Profitable Tennis Trading Strategy
In order to apply any tennis trading strategy, you need a starting bank. Once you decided what amount are you willing to trade with, and deposited it into your Betfair.com account, you will be able to calculate your basic stake for opening positions. On average your basic stake should be 10x smaller than your bank. This means that if you have a $1000 trading bank available you can open positions with a $100 stake. Of course that the stake might be smaller or bigger depending on the risk of the strategy that you plan to apply.

Next, based on your knowledge of tennis, the players and after you have an idea about how markets react at given point during a live tennis match, you can start and figure out a trading strategy that suits your skills. You need to be aware that any strategy that you intend to apply has to have a success rate of at least 51%. This means that if you use the same strategy 100 times with the same stake and same stop-loss and green-up margins you should end-up with at least a slight profit. Of course the higher the success rate the bigger the profits. If you choose to follow a certain strategy and see that the overall winnings are negative, you need to re-check it and see what’s wrong. For example if you decide to jump in a trade and always back the receiver on break-point, but his average of converting BPs is to low you will end-up losing in the long term because, you will loose far more if the server holds compared to the returns that you get if break is completed (when it’s completed).

Best Tennis Trading Strategy
In my point of view there is no such thing as “best tennis trading strategy” that can be applied for everyone. Because if all traders would use the same strategy that strategy would become inefficient because market would react to it.

Yes, we can talk about the best strategy for a certain trader, but what could work best for me, could not be as efficient to some other trader and so on. This is why I always encourage traders to trade with low stakes and trade as much as possible and observe market reactions and learn more about tennis players. This way each of you will spot good backing or laying opportunities when they arise and open a position.

Experience is one of the most valuable assets in tennis trading. Experience about how tennis markets react, experience about strength and weaknesses of players. All these in conjunction will surface a tennis trading strategy. Next you only have to begin and apply it with low stakes and gradually increase your stake if you see that your success rate is above 50%! I can only wish you good luck and profitable trading!

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4 Responses to “What’s The Best Tennis Trading Strategy?”

  1. TheAlchemist says:

    Only just found your site, I am a tennis trader also. Looks very good and decent posts here so keep up the good work!

    Alchemist

    • The Underdog says:

      Thanks for the kind words. Hope that you are doing well in 2014. I’ve just started my season with Indian Wells 2014, two weeks ago.

  2. Tennis trader says:

    Very good post indeed. I like tennis trading, it’s like hobby, I read everything connected with tennis trading. Reading your posts I have noticed that your approach and my first mentor’s approach is very different. My first mentor’s style is risky (he is well known in internet), for example he advises to leave the market only at 40% loss, so you are advised to stay and wait for 40% loss instead of leaving earlier. Overall he advises to enter market and then wait for break point even if it happens after 4th game, these days I understand that such approach is very risky, so you gain 25-30% profit if break point happens as you planned or you get 40% loss if break point goes against you. I also found that such approach is very-very stressful because you sit and wait for something that may not happen for long and even go against you later. From your posts I have noticed that you don’t stay in the market too long and leave market at 5-10% loss or profit no matter what happens next. I understand that you have different entry and exit points but overall you always try to minimize risk and therefore you try to enter at right moments and then leave quickly whether you get some small loss or some green. Am I right? These days I think that it should not matter who gets first break point, to be honest, I want to use same approach as you, enter and exit very quickly and never wait for break point to occur. So, in new season, I’m drastically changing my trading approach. I’m expecting less stress and hopefully my greens will cover and exceed my reds as far as possible.

    • The Underdog says:

      Yes, I try to get in and out as quickly as possible, because I feel that risk is reduced at maximum this way. The longer you stay in an open position, the more your trade turns in to a gamble, unless you are a fortune teller ;)

      I’m also trying different approaches this year to maximize profits, but prefer to test them first before exposing. Anyway higher profits mean higher risk. Because you can only get higher profits if you either increase your stake and that comes with a higher risk of losing more money, or you extend the time that you spend until you exit the trade to win more ticks and this is not something that I recommend.

      However, what I am trying to do is to perform as many “safe” trades as possible in the opening set and once I have a decent “green” amount and get a certain feel about the outcome of the match I try to take a few more risks and try to consolidate profits. I feel that having a green amount behind your opening bet, makes the trade more comfortable and keeps your mind clear and relaxed. Hope this helps! ;)

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