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Re: What You Need to Know About Being a Professional Gambler
Value is the key to successful punting or trading in my view – my experience of trading is very limited admittedly but from watching hundreds if not thousands of tennis matches and following some in running there are certain things that are clear from how the markets react – generally the markets overreact especially in the volatile and wacky world of the WTA. You will often see women players (not the top 10 players) down two breaks of serve and facing serve in the final set of a game go off at prices in the hundreds yet people will continue to back their opponents at 1.01 despite the fact that there have already been multiple breaks in serve already. The chances of the player serving out are often quite low and the odds on her opponent will shoot back up as soon as she fails to close out. This is replicated to a lesser extent in the ATP.
The markets tend to overreact to events such as winning a break point or more dramatically winning a set when the reality is that the games often have a lng way to go.
No one has said welcome yet Matt so welcome to Daily Punt. Hopefully you’ll post a bit here.
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