Played on outdoor grass courts at the All England Club in Wimbledon, Wimbledon is the oldest and is widely regarded as the most prestigious tennis tournament in the world. Inaugurated in 1877, Wimbledon is one of the four Grand Slam tennis tournaments, amongst the Australian Open, the French Open, and the US Open and is the only major still played on grass.
Taking place from June 25th-July 15th 2018, the 132nd edition of the tournament will certainly provide plenty of thrilling betting opportunities, as the world’s best thrash it out to be crowned champions.
The Wimbledon Tournament Format
Wimbledon has relied upon the ranking provided by the ATP for the men’s draw and the WTA for the women’s draw since 1975 and the tournament features a 128-player main draw for the men’s and women’s singles events.
Wimbledon also seeds players who have performed well on grass and the seeding system is designed to keep the best players in the tournament for as long as possible. The doubles competition has 64 pairs in the draw who play one round less and the top-16 doubles pairings are seeded.
Popular Wimbledon Betting Choices
Few sports provide as many betting markets as tennis and Wimbledon is always a popular choice amongst tennis betting enthusiasts. Online sportsbooks roll out a wide range of markets ahead of the first matches being played and outright betting opportunities are a plenty.
The most popular Wimbledon betting markets are as follows: (these may look familiar if you search for NRL Premiership odds often)
- Outright Winner – M/F Singles: a wager on which M/F player will be crowned the Wimbledon 2018 Champion
- Match Betting: a wager on which player will win a specific match
- Correct Score Betting: a wager on what the final score of a specific match will be
- Set Betting: a wager on which player will win a specific set in a match
Analysing Wimbledon Betting Odds
Odds are calculated by bookmakers to reflect how likely an event outcome is and are based on what is believed to be the genuine probability for each outcome in a sporting event.
Odds are displayed in different formats and are also used to denote the payout for successful wagers.
With decimal odds, multiply the odds by the stake to calculate the potential return and fractional odds reflect how much the potential return is relative to each unit staked.
Finding Value in Wimbledon Bets
The most important factor of Wimbledon betting is identifying betting opportunities with value. Value in sports betting is when it is believed that the chances of the given outcome are greater than the odds implied by the bookmaker and successful bets of this nature can be incredibly lucrative.
For example, if your favourite online bookmaker is offering odds of 3.60 on Roger Federer winning the men singles trophy – an implied probability of 27.78% – while you believe the odds of Federer winning are closer to 45%, you have identified value.
If you placed a $100 bet at these odds, your potential pay out would be $360, which is a fantastic outcome.