First Week Review
Compared to this year’s Australian and French Open, it’s been somewhat of a “slow” start to the tournament trading wise, but profitable nonetheless. This fact is also confirmed by the numbers, such as the total withdrawals, which have been at a record high. 17 in total to be exact.Things started to pick up in the last few days and besides the great quality matches to trade during the first few days (Ferrero vs Monfils, Young vs Wawrinka, Murray vs Haase which was probably the most predictable comeback from 2 sets down) we had matches like Schiavone vs Pavlyuchenkova, Tsonga vs Fish and Wozniacki vs Kuznetsova. But let’s take a look at what we can take from this first week, both for the short and long term future.
In 2010, over 60% of my trades were in the tennis markets. The percentage would have probably been higher if if wasn’t for the world cup which reignited my interest in the football markets. Although the new tennis season will not officially start until next year with the Brisbane, Doha and Chennai tournaments, we do have some early matches starting as of tomorrow. The Mubadala World Tennis Exhibition Event basically is the start of the new tennis trading season for me. Baghdatis will play Berdych followed Soderling against Tsonga.
What I like about this exhibition tournament is that it gives me the opportunity to get a feel for tennis trading again. Extended periods of time without trading your favorite sport followed by an almost instant immersion into the markets can produce some unwanted results. Exhibition tournaments or matches which are listed on the betting exchanges always tend to bring decent trading opportunities with a recent example being the two matches played by Federer and Nadal in Zurich and Madrid.