How Gambling Industry Helps Tennis Grow
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Tennis is one among several games of interest in online gambling, and it is a notable one. Tennis tournaments take place globally, with each event giving gamblers unique opportunities to bet and make money.
Granted that sports betting is risky, many tennis gamblers make a good profit for themselves, and some declare that betting on tennis events is less risky than other sports. Consequently, tennis betting tends to attract more bettors than many sports events.
Tennis’s Popularity in Sports Betting
Tennis remains the second most popular sports activity for sports betting globally. Like football and many other sports, you can bet on a game before it starts or while it is in session, and the latter instance is called live or in-play tennis betting.
One of the gambling opportunities involves betting on whom is to win a set or the entire game. You can also bet on whom you presume will win a tournament. Many other betting combinations occur in the sport, making it a high-frequency betting game.
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Tennis is an easy low odd game, and many gamblers find it easy to predict a winner, especially when any of the big three players compete against the lower-seeded or unseeded players. While Serena Williams held sway, one could predict she would win at least two of the three sets in a game and emerge the winner. So, she was a bankable tennis player. The same goes for Rafel Nadal, Roger Federer, etc.
Granted that the odds on the big three winning sets and games may be lower than others, the low odds still give some measure of winning guarantees, encouraging many gamblers to pitch their tents with tennis gambling.
Big teams in soccer could also be bankable, but soccer is among the most unpredictable sports events on earth today. Even the big teams can suffer defeat when one least expects it. Many soccer gamblers now migrate to tennis, attempting to keep their stakes safe, increasing tennis betting popularity.
Increase in Followership
Tennis currently occupies the second position among gamblers’ most preferred sports activities despite the fixed match issues. On the other hand, soccer is the most popular sports betting activity. The ease of winning bets is among the many features compelling more sports bettors to prefer tennis to other sports activities.
The preference, therefore, makes more bettors follow tennis so that they can make informed decisions when betting on whom to win a particular set in a game or the game itself. The live betting offered by bookmakers further increases its popularity.
Tennis gamblers stake billions of dollars in the game, and tennis hosts several tournaments each year. The grand slam events are:
- Australian Open
- French Open
- Wimbledon
- US Open
The men’s tennis tournaments are Masters Series, 500 & 250 Series, and Challenger Tour & Futures tournaments. Women-only tennis events are WTA 1000, 500 & 250 Series and WTA 125. Each of these events occurs annually, and each has several tournaments. The events are easier to win than soccer betting events.
The primary purpose of betting is to make money, and this has helped increase the number of tennis fans since tennis betting has proved more profitable than football betting.
Aside from improving tennis popularity and growth by increasing the number of tennis bettors, gambling also serves as a source of funds for tennis. The Covid-19 pandemic took its toll on many sports, and tennis was not an exception.
No tennis game could take place during the pandemic, hampering tennis financially. The economic ordeal didn’t stop shortly after the lockdown since people couldn’t buy tickets to watch live matches.
Several tennis organization units partnered with sportsbook to raise funds for their various organizations to resolve the issue.
Virtually all gambling sites offer virtual tennis games, enabling gamblers to bet on the game online without basing their decisions on any real-life match. Global tennis organizations benefit financially from sponsors, helping them to raise funds.
Both the players and gambling sites benefit from the arrangement. Both make more money since Covid-19 pandemic compelled many people to stay indoors. Since the gamblers among the people couldn’t enjoy their live games, they had to opt for virtual games.
Bearing in mind the ease of tennis betting, many people take more interest in the virtual games, further increasing people’s interest in tennis and helping its profile grow.
