Posts Tagged wimbledon

Great end to Wimbledon

What a fantastic tournament that was. Opportunities seemed to pop out of the tennis court all over the place and we finished with an epic final. £53m was traded on the final, £49m on Federer!

There were several opportunities to lay Federer at short odds and as the match wore on your could easily see it heading for a fifth set. During that fifth set it was very even, but as we strayed into the final stages of that titanic battle you could see Roddick weakening a little bit and Federer retaining his composure. I felt so sorry for Roddick who had really put in so much into these two weeks. At the end of the day Federer broke Roddick just once during the match, but that was enough for the championship. Before the match I went back and listened to an interview that Roddick did a couple of years ago with Jonathan Ross. I remember them talking about grass, clay and Federer. It turned out to be a useful hint of what was to happen.

With Roddick weakening during the latter stages of the fifth set you could easily see the market discounting this into the price of Federer. I eventually jumped on board Federer at 1.43 and just minutes later it was all over. Probably one of the better trades I had made for the tournament and it just happened to be the last.

My confidence in tennis trading is now on a high after such a decent French Open and Wimbledon. I’m glad I’ve put so much effort into the markets in the last couple of years.  If you haven’t traded Tennis before, then give it a try. It’s great fun!

090705 - Wimbledon - Roddick vs Federer - 17 - Copy

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What has worked at Wimbledon?

Laying short priced favourites has worked well this in the tournament. Also, several matches have thrown up some wonderful trading opportunities to do this not just once but many times over. Hewitt and Roddick yesterday was another great trading match.

Putting that aside, one of the best tricks this tournament has been to listen to the ex-legends of the game. It’s remarkable how well they have called a lot of the matches. Today is potentially another example of this. Navratilova said that Williams vs Dementieva would be a tight match, spot on. She also hinted that the other semi-final would not be so tight. So bear that in mind when you start looking at the second semi-final.

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Wimbledon

Two weeks of excellent Tennis liquidity and trading await us. Take your chance to have a try at trading Tennis while it’s here, as the liquidity and range of opportunities are usually pretty big.

Please don’t forget that matches can last days if you are unlucky. So bear that in mind when you first get involved in a trade. You don’t want to get involved in something for a small profit that could trample over other opportunities. Likewise, you don’t want to get distracted by too many things at once, in either direction.

Looking at the women I have had my eye on Caroline Wozniaki for sometime. It’s a shame that she won Eastbourne as she was trading at 40’s before that win, she is now in the 20’s. She was definately value at 40’s but I’m not so sure at 20’s. In the mens draw it’s all about Federer and Murray but the look of the odds. But I fancy a play on an outsider making it to the later stages rather than an outright trade. Therefore I’m looking to dutch a chunk of the field and get my outsider that way. With Murray mania high, it’s going to be an interesting two weeks.

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Nadal out!

Big news from SW19. With Nadal out that dramatically opens up the draw for Murray at Wimbledon. There is a good summary on the official Wimbledon site.

http://www.wimbledon.org/en_GB/news/articles/2009-06-19/200906191245412912140.html

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