This week I’ve been pretty caught up in the Tennis… it’d be rude not to really! It’s nice to have a little break from the horses too from time to time. Obviously I haven’t abandoned them, but missing a few extra races to see how the tennis markets pan out is hardly going to break the bank. In fact it’s done a bit of the opposite at times!
Today in the Sharapova v Vandeweghe match we were treated to a tennis traders dream-come-true! A break back in service when the favourite was trading as low as 1.01 (see image below). I’d been keeping an eye on the match as, if any, women’s tennis throws up these kind of situations as they find it harder to hold serve.
Most of the tactics I employ in a tennis match take place earlier on in the first two sets as the market behaves a little different, so I already had some green to play with… And then the few games on the lead up to Sharapova sealing the match she was a little shakey it seemed. So once Vandeweghe managed to hold her serve, meaning Sharapova was going to have to serve things out it made perfect sense to place a speculative lay! The pressure of these moments in any match are set to test even the best players.
I don’t think many people would have expected Sharapova to go 40-0 down though. From the compressed point of 1.03 where I entered it was perfect, although in such a situation its often best to sit it out… particularly in women’s tennis, I mean that’s several break points for the odds to fall in your favour. To a less experienced hand though it’s often tempting to close out before the break. In this instance it would have been a mistake to though with her breaking back.
Once play resumed in the following set it appeared Sharapova had managed to calm her nerves and so I was out… that said, not a bad trade – risking £6 to win £53….
Good Luck if you continue to play Wimbledon this week!
Related Article: Simple Tennis Trading Strategies