Capitalizing on tennis players with equal odds
The idea behind this strategy is unbelievably simple. There is often a point in a tennis match when both players have approximately equal odds (close to 2.0), e.g. 1.98 and 2.02. This means, bettors’ expectations of their win are more or less the same. This often coincides with an even score or some dramatic turn in a match, where, say, the favourite starts losing his/her serves and that shifts the odds in favour of the underdog.
Then the positions of the players begin to get wider apart, e.g. the favourite regains his/her breath and wins the next game, or the underdog asserts his/her hidden potential and is heading for a win.
At that very moment, you need to back the player whose price has dropped from ~2.0 and lay the other player, whose price obviously raised above 2.0.
Then aim to green up both bets or distribute the loss if the bet was not traded out within the specified time.
The triggers have the following settings:
Triggers in Action
So here is the situation we are looking for in the first place:
Note that the market has sufficient liquidity, and so the gap between the back and lay prices of both players is not too large. You should avoid markets where this gap is anything more than 10 ticks.
As the game continues, the prices start shifting. The program waits for 2 minutes to assess where they are going, and then places the bets on the players along with green-up bets:
Now we are waiting for them to be matched. After a while they both get matched, and we’ve got profit!