Underneath a legendary Tennis match

30/01/2012 | By More

Not many words can describe the fantastic Men’s final at the Australian open tennis, so I wont try. But to say it was special, would definitely be an understatement. I started the match half dressed having not risen early enough to get changed properly, broke for a full Sunday lunch and still returned for a hour of excitement. Amazing stuff.

The great thing about these matches is that pretty much any trading strategy you adopt will win. If somebody goes from being a set up to a set down, or nearly a set down, you could have backed or laid either and had the opportunity to trade out at a profit. In this match it swung backwards and forwards on a number of occasions. In total, when I was active on the market, I counted 10 breaks of serve, excluding tie breaks.

At the start of the match you could back Djokovic for 1.71 and Nadal for 2.40. From there the start of each set had odds as follows: 2.28 & 1.74, 1.60 & 2.64, 1.14 & 7.8 then the final set started around 2’s as both players struggled into the sixth hour. If you would have laid Djokovic at his start price and got out at 2’s then laid again at your entry price to repeat the trade; you would have turned a trade at least seven times. This would have returned more than double your stake. Laying both at 1.16 would have worked as well returning  an 84% profit on your stake. Timing either strategy would have increased your potential significantly.

I’ve put some charts on the forum, they wouldn’t fit on here. The Betfair charts are a bit ‘squashed’ and not linear, so these charts give a clearer picture of the match. In total £46.2m in matched bets were traded on the market, £42m in-play. Amazing stuff.

 

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Category: Tennis

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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