Bets for tennis have become incredibly popular in recent years as more people look for ways to enjoy sports betting. But how does +2.5% coverage and betting on tennis compare to other sports? We took a look at the stats to find out.
The Growth Of Tennis Bets
You may have heard of the ‘summer of 2019′, as it was a very memorable and eventful tennis season. The world number one female player, Angelique Kerber, was the first tennis player to suffer a losing streak in over a year, while the 2019 French Open was decided in a shocking final between Johanna Konta and Simona Halep.
With so much attention paid to tennis, odds on the game rose as high as 14/1, making it a worthwhile wager for anyone looking to increase their odds of winning. While this is a phenomenal rise in tennis betting popularity, it’s not a totally unprecedented event. We looked back at the previous five Tennis Masters tournaments (the four grand slams and the US Open) to see when and how often tennis betting odds rose above their prior value.
Which Events Are Most Popular For Tennis Bets?
What events are most popular for tennis bets? The data reveals the key French Open, the US Open, and the Australian Open as the most popular tournaments for bets (33.33%, 28.57% and 20.00% respectively) with the 2019 Wimbledon and the 2020 Tokyo Olympics slightly behind.
It’s interesting to note that while the tennis season is now over, the betting action is still very much alive and well. In fact, people are now more likely to bet on the French Open than the US Open, which is the complete opposite of what happened this time last year.
How Does Tennis Coverage Affect The Odds?
How much does tennis coverage affect the odds? Looking at the previous five tennis tournaments, we can clearly see that increased coverage leads to higher odds. The greater the exposure, the higher the odds.
The 2020 French Open will mark the 100th anniversary of the tournament, which is widely considered to be the world’s most prestigious tennis event. It was first held in Paris in 1920, which makes it one of the most renowned sporting events of all time. Increased coverage for this tennis classic will undoubtedly result in higher odds, particularly as there is a fantastic line-up of top-class athletes and exciting matches ahead. More people are likely to tune in to watch the French Open than any other tennis tournament, which helps to explain the popularity of this event for sports betting.
Why Is The French Open So Popular For Tennis Bets?
Why is the French Open so popular for tennis? It’s the most prestigious tennis tournament in the world and is arguably the most exciting event of the season. The increased coverage and interest in the French Open means that anyone putting on a bet is more likely to get their money back, as the odds usually increase greatly for this tournament. With some of the most fascinating matches and spectacular play, the French Open is sure to keep fans entertained throughout the year.
Tennis fans can enjoy the final of the 2019 French Open on Sky Sports, while the US Open goes head-to-head with the Australian Open for sports coverage on the NBA and MLB networks. The French Open is also available to watch live on the BBC, with coverage also provided by Eurosport in Europe and South America, and other major TV networks across the globe.
How Does Betting On Tennis Compare To Other Sports?
There’s no question that sports such as tennis and golf are highly popular and exciting games to bet on. More people are likely to bet on tennis than any other sport, with the Australian Open and the French Open the focus of many a wagering session. While the appeal of betting on golf isn’t a new phenomenon, the ease of online betting has made it much more accessible.
The data from bet365 – one of the world’s biggest and most reputable betting sites – indicates that while the vast majority of their users place bets on traditional sports like football, cricket, and rugby, there is also a sizeable portion of their user base who choose to bet on events such as the French Open and the Masters. This is likely because these events are significantly less popular than the ones mentioned above, so there’s less competition and therefore bigger odds for punters.
Since the start of this year, the price of a tennis bet has increased by 10%, with the Japanese Open now the most expensive tournament at 13/2, compared to 12/1 just a few days ago. This reflects the continued rise in popularity of tennis as well as the growing demand for risk-averse bets. With some of the world’s best tennis players set to appear at the annual Japanese Open, it will undoubtedly attract plenty of casual and experienced bettors alike.
The Difference In Covers And Odds
The biggest difference between tennis and other sports is in the amount of wagering done on each sport. While there is plenty of interest in baseball, basketball, and hockey, punters put more money on each game, which results in lower betting odds. This trend is especially noticeable in the United States, where there is more gambling than in any other country.
According to US sports betting laws, all sportsbooks are required to publish the spreads and odds of every game, so it’s easy for consumers to find the information they need. This is quite different to the situation in other countries, where the spread and odds of a game can be found, but only if you know exactly where to look. This is made all the more difficult by the frequent changes in betting regulations that are made by different states and territories, which means that bookmakers often find it hard to keep up.