Best Betting Odds for Wimbledon 2020
Our Wimbledon Odds Comparison
Wimbledon is one of the biggest sporting events in the world, and as such has one of the biggest opportunities for tennis fans and sports bettors to make some cash and have a good time doing it. It’s one of the most competitive tournaments in the world, bringing together the cream of the crop when it comes to tennis pros.
All this to say, if you’re planning on getting the best betting odds for Wimbledon, you absolutely need to be comparing the odds on offer to make sure you capitalise properly. Wimbledon betting odds in the UK have a massive amount of markets, including some niche categories with opportunities to catch the bookies out – a Wimbledon odds comparison is a great place to start.
Most important reasons to compare odds
Not all odds comparison services are free, but for the best betting odds for Wimbledon you simply HAVE to use a Wimbledon odds comparison. Any veteran punter will tell you that one of the worst things that can happen, is that you manage to clean up on a wager only to realise that you could have had a better offer elsewhere. There’s so many different ways to see the available Wimbledon odds comparisons on offer that it’d be a waste not to make the most of it, because punters can get infinitely better odds online than anywhere else. The prices can vary massively, and even the slightest numerical difference in the odds can multiply your winnings.
It’s also perfect for the matched betting strategy, where bonus bets are utilised to maximise total profit on a particular market.
Offline vs. Online: Chasing the best odds
Although online betting is the biggest it’s ever been at the moment, there are still a massive amount of punters who still visit betting shops to back their favourite sports. We’re unsure as to why – familiarity, probably – because as far as we can tell the benefits to gambling online are near limitless.
The Wimbledon betting odds UK are better, the markets are more varied, the offers and promotions are infinitely better value and pop up more often online, you can bet in play and live stream sporting events, it’s as safe as it can possibly be – honestly, it’s staggering how different an experience you get when you bet online.
Sports betting in particular is so much more enjoyable when you bet online, given that you can take your bets anywhere, watch the scores come in, and make adjustments in between the games themselves. If you’re serious about getting the best betting odds for Wimbledon, this is the way to go.
The history of betting odds in tennis
The origins of sports betting can be traced back to ancient Roman times, where men in togas spun six sided dice over the fate of some poor gladiator and didn’t care about the best betting odds for Wimbledon. Presumably, the odds were always stacked against the man fighting the lions, but thankfully nowadays we’re a little more civilised. In the last century, sports betting has gone from being a marginal back alley business to a legitimate and adored hobby enjoyed by millions.
Although almost definitely initially started as a form of football pools, sports betting now concerns almost every type of competition you can think of. The largest sporting competitions are all host to their own book of online gambling opportunities, which makes it a great place to get the best bookmaker Wimbledon odds and great Wimbledon betting odds UK.
In the 2016 iteration of the competition, world number one and all time great Novak Djokovic was knocked out in the third round by Sam Querrey, a relatively low ranking American player. Some of the odds for this result were close to 50/1, making it a massive winner for any lucky punters who took a shot online, constituting some of the best betting odds for Wimbledon’s history.
Here’s a rundown of the different types of Wimbledon betting odds UK, where they’re used and how to understand them:
These types of odds are used in Australia, Continental Europe, Canada and New Zealand, and are written in the form of a decimal number. This number represents the amount you’ll win for every £1 wagered. For example, a bet with odds of 2.00 would win £2 for every £1.
British and Irish odds are usually displayed in fractions, with a “/” in between two numbers. Exactly the same as the decimal odds, the numbers show the ratio of money won to money wagered. So fractional odds of 5/1 mean you take £5 for every £1 you bet.
All of the Wimbledon betting odds in the UK will follow this format.
In American (or Moneyline) odds, favourites are denoted with a minus sign (-) indicating how much you need to stake to win $100. Underdogs are denoted with a plus sign (+) indicating how much you would win if you placed $100 on the result.
For example, if Federer played Barry in the first round of the US Open (here for the best US Open odds), the American odds for Federer might be listed as -1000, indicating that you would need to bet $1000 to win $100, with a total payout of $1100 (winnings plus stake). Barry would have odds of +2000, showing that if you bet $100 on him and won, you’d get a total payout of $2100.
How are odds being calculated
Bookies use a mix of public opinion, historical data and professional statistics to create their Wimbledon betting odds UK. It goes without saying operators aren’t keen on taking risks, and so once the rough odds of the event happening have been calculated, the bookmaker then takes away their margin. This is their commission – a slice of the value that ensures the operator makes profit.
As a customer, you’ve always got to remember that the bookies are looking to balance their books, and that the odds set by them aren’t the statistical odds of the event happening, but rather the odds that their customers will bet on them. Generally, this means that when the punters win, the operators win, and it’s hard to find a bet that actually gives you an edge over them (at least without using a Wimbledon odds comparison).
One of the key components of getting the best betting odds for Wimbledon, is being able to notice expected value in a bet. This is a method of calculation that allows you to speculate as to how profitable a potential venture may be, and is found by multiplying each outcome by the probability they will occur and then adding all those numbers together. The idea here is to get a solid number that indicates the value of the wager to you. It’s a great rough estimate of how important a bet could be to your bankroll, and a great way to find the best Wimbledon betting odds UK.
Odds betting strategies
There are multiple betting strategies you can take advantage of if you’re a punter looking for value, each as well thought out as the last and equally profitable if done correctly. The Arbitrage betting system is one such strategy, and involves you placing two wagers on the same event with two separate bookmakers. The idea is to take advantage of discrepancies with the odds themselves, covering your back bet with a lay bet at an exchange. At its best, this betting strategy results in guaranteed profit, which is something you can hardly ever bank on when gambling online on Wimbledon betting odds UK – but as we’ll soon discuss, there’s a catch.
It’s similar in concept to the matched betting strategy, where you capitalise on a bonus bet opportunity to on a specific event. This is done by placing a bet with the bonus bet, then laying a bet of the opposite outcome to guarantee profit. The goal is to make sure whatever the outcome, you profit regardless.
However, we did mention there’s a catch, and it’s a big one: it’s worth noting though (in fact, it’s ESSENTIAL) that if a bookmaker recognises that you’re successfully utilising either of these tactics, they will probably ban your account.
The most popular markets in tennis
Here’s a rundown of some of the most popular markets in tennis betting, all of which can be considered when using a Wimbledon odds comparison:
- Total games betting: Also known as overs and unders betting, here you’re wagering on the total number of games that will be played in a match.
- Match winner: The winner of any given tennis match being played. The most common market for Wimbledon betting odds UK.
- First set winner: Just like first goalscorer markets, here you’re betting on which player will win the first set.
- Set betting: This is a bet on the total number of sets played in a match along with the score (e.g. Federer will win 3 sets to 1).
- Handicap: These kinds of bets run in all sorts of sports, and are what they say on the tin. You’re betting against a favourite with a handicap: for example Nadal might be given a game handicap of -4, meaning he would have to beat his opponents total number of games minus the handicap (Nadal wins 6-3.6-2, and your handicap bet wins because Nadal won 12 games (8, minus the handicap) and his opponent only won 5.
Odds Comparison FAQ
Here are some frequently asked questions from punters on the topic of odds comparison, online sports betting and Wimbledon betting odds UK:
Q1: Is your odds comparison free of charge?
It may sound obvious, but you’d be surprised how many punters mistakenly use an odds checker without realising that it’ll cost them. Not all comparison services will charge you to check the numbers, so it’s something you should always check beforehand in order to avoid a nasty shock later.
Q2: Are there differences between offline and online odds?
There are many – MANY – differences between online and offline odds, many of them working in favour of the former. Not only will you have access to a massive catalogue of promotions and offers online but the numerical odds displayed are very likely to be, simply, better.
Not only will you get better deals online, but the fact that you can constantly check the odds via your mobile device means that you have a serious opportunity to maximise your potential profit. Odds change all the time, so being able to check in when you’re out can help you to find the best betting odds for Wimbledon.
Q3: Is this good value?
Most experienced gamblers have some kind of sense of what value is. Really, it comes to people at different times, but it’s essentially what it says on the tin – value for money. It’s all about asking yourself: “is this wager really worth it to me?”, which might sound like an obvious thing to say, but you’d be surprised at how many punters get carried away and start throwing cash at all kinds of markets.
A sense of value is essential to making the most out of your bets, and for getting the best betting odds for Wimbledon.
Q4: Am I managing my bankroll properly?
A properly managed bankroll is essential to a successful punter. It is literally the most important part of gambling online. The fact is, the best way to gamble online is smartly, as some bets will always be worth more/less than you think you are.
One of the biggest reasons to use a Wimbledon odds comparison in conjunction with your bets, is that it helps you get the very best value at all times, which will have a positive impact on your bankroll.
Q5: Can I get a better deal elsewhere?
With the vast variety of bookmaker odds for Wimbledon available to you, it’d be a mistake to put money down without checking elsewhere. This is where comparison services like our Wimbledon odds comparison come into play. It could take you literally weeks to surf the web and analyse all the offers available, by which point Djokovic will have won the tournament.
Let the internet do the comparing for you, and get the very best offer straight away with our Wimbledon odds comparison service.
It’s hard not to recommend our Wimbledon odds comparison to everyone even remotely close to betting on the tournament. Comparing odds in general is a no-brainer, as the various prices can change drastically from operator to operator. Tennis has a knack for producing regular underdog stories and upsets, making Wimbledon the perfect opportunity for keen bettors to make savvy wagers. All annual tennis Grand Slams are a hotbed for betting, so in addition to using a Wimbledon odds comparison to get the very best betting odds for Wimbledon, make sure you find the best US Open odds and the best tennis odds in general throughout the year, and also consider extending your focus on finding great odds to other sports – if you’re a golf fan, for example, you can also look for the best British Open odds when the time comes.
Whatever sports you’re betting on, it’s helpful to remember that live streams are a great way to keep track of your bets in play, possibly even making some additional punts during the event if the right opportunity presents itself.