This is a tennis trading system which can be used all year but is more effective during the big grand slam tournaments, and so Wimbledon seems a good place to start.
Although I am a seasoned trader, most of my trading has been on horse racing and football. I have never traded tennis matches before, although I am well aware that it is probably, after football, the easiest sport to trade. One of the toughest to trade is horse racing, yet many of us stick to it for one reason – it’s quick and there are many opportunities to trade day and night. With tennis trading, for the most part you need to be actively managing your trade in play and some of these games can be long and drawn out. You have been warned!
So, is it overhyped? It certainly seems a tad on the costly side for one strat and the claims are big: “It’s true…I now make hundreds a day from pro’ tennis tournaments without hitting a ball, and if you want to join me, all you’ll need is my laughably simple system (a 7 year old could follow it with ease) and a comfy chair to sit in while you watch the match!”
Hmm. There have been lots of emails doing the rounds, both those selling the system and one from a respected source advising us NOT to buy it, and claiming it has a tricky to claim guarantee. What I do know for sure is, if punters wish to buy this through the Cash Master website, that guarantee is water tight. Graham is a man of his word and hates rip-off artists. That is the point of this website. He has a merry band of independent bloggers such as yours truly who report the services and systems warts and all.
Still, eh? Hundreds a day? The author doesn’t go into how much you would have to lay out in order to achieve that level, and I am going to start with modest £20 stakes.
You should know in blogging this that I can’t be too specific about the match selection procedures in case I give anything away, so apologies for vagueness.
You don’t need any special software to run this, it can all be done on Betfair, though if you do have software you can probably get your bets through more quickly, although that is no particular advantage.
My first port of call is www.tennisexplorer.com. This is an excellent free website which lists the matches in time sequence and you can have a selection page for the matches you want to concentrate on.
On today’s list I had nine potential matches: five men’s, three women’s and one doubles.
So, how did I get on? Of these games, THREE panned out to be trading games; one men’s, one women’s and one doubles. Unfortunately the liquidity in the doubles game was pitiful and thus impossible to trade. In the men’s game I had two early trades go against me, but in set two I made enough profit to cancel out the first two losses (remember, these weren’t the whole stake I lost, just around 50% of it but I possibly should have got out of those with a smaller loss) and end up with a profit of £7.36 so an ROI of 112%, pretty good after the early losses and finished trading that match in set 2.
The women’s game was much easier, I made £11.83 in a few minutes from a single trade which is an ROI of 159%. :). So today’s trades made 123% ROI and £19.18 profit.
So far so good, but early days…