2011 Australian Open Antepost Betting
A number of the United Kingdom’s top bookmakers have opened antepost betting markets for the 2011 Australian Open, allowing tennis fans to play the betting markets long before the first serve is hit at Melbourne Park.
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Antepost Betting
Antepost betting markets allow tennis fans to bet on which player will win the Australian Open. Bookmakers have priced Roger Federer the favourite to win the tournament, followed by Rafael Nadal, Andy Murray and Novak Djokovic.
Bookies are paying up to second place on each way bets at ½ the selection's odds. This means punters will earn a payout on half their stake on each way bets at 50% of the selection’s odds if the selection secures a place in the final.
In turn, this means that each-bets on every player in the men’s draw will produce a profit if that player goes on to reach the final of the 2011 Australian Open.
Tennis fans are also likely to disagree with, and benefit from, bookies’ pricing of the world's top players. While Roger Federer is definitely still capable of winning at the highest level, Nadal is the player who comes into the tournament on the back of three consecutive Grand Slam wins.
Meanwhile ATP Tour World Finals winner, Robin Solderling, looks to have been massively undervalued, and is trading at well over 20/1 at most bookmakers, marking him as one of the best each-way betting options at the tournament,
The easiest way to bet on the Australian Open is to place a handful of bets on top priced players. Depending on the odds of the players selected it is possible to back 2-3 top seeded players and secure a profitable return if only one of these makes it to the final.
Try Trading
The Australian Open is known as the most unpredictable grand slam tournament, and there is no reason why the 2011 edition will be any different. This means that tennis fans can try their hand at trading odds on players at the tournament.
Effectively all fans need to do is pick a player they think will perform better than expected at the Australian open and back them with a small stake at a fixed odds bookmaker. If the player performs better than expected at the tournament and his odds drop, a lay bet can be placed at a betting exchange, guaranteeing a profit irrespective of the result!
Sound complicated? It isn't...
Example:
We’ve already mention that Robin Solderling is undervalued and overpriced, trading as high as 23/1 at Betfair.
We’ll place a $20 bet on Soderling at these odds, which means a $460 profit if he wins the tournament.
All we have to do now is kick up our heels and wait for the 2011 Australian Open to get underway.
In the likely event that Soderling reaches the quarterfinals of the Australian Open we can expect his odds to drop substantially.
We estimate that his odds could drop to around 10/1 if he reaches the quarters. At this point we can lay him at a betting exchange for $30 (which means we’ll win $30 on the lay bet if he fails to win the Australian Open but lose $300 on the lay bet if he does).
We now have all bases covered. If Soderling wins, we’ll walk away with a $160 profit ($460 back bet profit - $300 liability). If the Swede loses, we’ll score a $10 profit ($30 lay bet - $20 back bet).
This is just one example of trading on the Australian Open. You can, of course, trade odds on dozens of players who have been overpriced at the tournament, such as Jo Wilfried Tsonga (105/1 at Betfair).
It's up to you to put your tennis experitise to the test and pick players that are capable of performing better than their prices suggest. The beauty of this betting tactic is that it allows you to profit off bets on numerous players without even having to wait for the final of the Australian Open. Just remember not to place your lay bet until your selection's odds have dropped low enough to guarantee a profit on the trade.
