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Hey guys,
So you here you will find the step by step advice on how to do the “lay
the leader” tennis trading strategy.
In this book you will the basic version of this method which is one of my
favourite ways to trade tennis. Those who know my style of sports trading
know that I LOVE to go against the markets and there is no better way to go
against the market than to oppose the player who is winning.
You will also find this strategy is very simple to employ and I am sure you will
be able to practice with this right away.
Feel free to re-watch the videos for some extra tips and I wish you all the best
on the markets!
Ben Michaels, Founder of SportsTradingLife.com
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And remember, this strategy is a basic version of “Lay The Leader”.
My more advanced method is called the “Boomerang” and is
strategy 2 from my premium course, Ultimate Tennis Trading.
In the course, I go into further detail showing you how to spot the
best times to use this method, when to get in the market, when to
get out, how to cut losers short and how to maximise profits.
I also show how you can win with this method even when we don't
get it right ;-)
Doors opening again soon, for more information on how to apply
click the link.
UltimateTennisTrading.com/Apply
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WARNING
Quick warning before we begin...
The purpose of this formula is to give you a good idea or a
“ballpark” of where the prices will be.
In most cases, it will be accurate but it is important to understand
that it is not 100% accurate.
And NOTHING can be when trading.
Other factors such as the dominance of a player, market favourites
and the fitness of the players can have an impact on the prices too.
So you have to allow for that when using this formula.
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LAY THE LEADER
BASIC
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Step 1
When the first set has finished you are going to lay the leader who
is the winner of the first set.
If you lay the leader @ 1.50 with £100, then you will have £50
actual risk in the market with £100 profit potential.
When you are a beginner, it is advised you just try this when the
pre-match underdog has won the first set for the most simple
experience.
Keep in mind, when the underdog wins the first set they will NOW
be the favourite to win the match at the start of the second set.
It is also advised you do not lay players at prices any higher than
2.0. They should be odds-on.
And do not do this blindly, have a GOOD reason to get involved.
This might depend on your pre-match research or your match
reading observation based on the first set.
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Step 2
You then let the second set begin and your aim is to make a profit
by the leading player conceding the NEXT break point.
From here, 3 scenarios can play out...
If the leading player concedes the next break point you can then
instantly cash out for a profit.
If the leading player scores the next break point you will then have
to cash out for a loss.
If neither player scores a break point and the first set ends in a tie-
break you can then exit for a scratch trade.
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For Example...
The first set has just been completed in this match between
Delbonis and Baena.
In this, the underdog (Baena) has won the first set.
And we expect that Delbonis will get back into it in the second set.
So we enter the market with a LAY of £200 on Baena @ 1.58.
Our risk in the market is £118 but this full amount should never be
at risk as we will be trading out.
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In the first game of the second set, the leading player has conceded
a break point and the markets have moved in our favour.
The price on Baena has moved from 1.58 up to 2.10 and we can
now lock in a profit on this trade.
Once we have cashed out we have locked in £51 profit and a 43%
ROI on our initial market risk of £118.
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When It Goes Wrong...
Remember, you will not win every trade with this strategy.
In this match, we had a lay on the leader @ 1.67 with £100 at the
start of the second set.
But as you can see above, he has scored the first break point of the
second set and his price has moved in to 1.24.
So we just have to take the loss and exit!
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And that is it!
This is a simple basic 2 step strategy that can be a great
introduction to tennis trading overall.
You can see how simple it is!
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And remember, this strategy is a basic version of “Lay The Leader”.
My more advanced method is called the “Boomerang” and is
strategy 2 from my premium course, Ultimate Tennis Trading.
In the course, I go into further detail showing you how to spot the
best times to use this method, when to get in the market, when to
get out, how to cut losers short and how to maximise profits.
I also show how you can win with this method even when we don't
get it right ;-)
Doors opening again soon, for more information on how to apply
click the link.
UltimateTennisTrading.com/Apply
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Thanks!
So now you have a pretty good strategy to start experimenting with
on the tennis markets and if you are new to this sport it is a good
way to cut your teeth with it.
And if you have a good experience and want to take things to the
next level then the details about my premium course were on the
previous page. Just check that out!
Best of luck in your tennis trading journey, and keep the stakes
small when learning!
Ben Michaels
SportsTradingLife.com
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