Showing posts with label Tennis Hedging. Show all posts
Showing posts with label Tennis Hedging. Show all posts

Wednesday, August 14, 2013

Tennis Hedging Strategy


A couple of times over the past month, I've had a look at trading tennis matches in-play.

These matches generally have high liquidity, but can be very jumpy. I made small gains, but it's clear to me that in order to trade such markets successfully it's essential to have live pictures, or at a minimum, live scores. Even the official 'live scores' direct from the tournament website can be some minutes behind the play, making it very difficult.
This led me to think about an article I'd read some time ago by Peter Webb of Bet Angel fame. I don't have it to hand but, from memory, he was suggesting that, irrespective of your opening position at the start of the match, you can place a closing trade which will have a high probability of being matched - as long as you are not greedy.