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Best ATP Monte Carlo Masters Betting Odds (ATP)

ATP - ATP Monte Carlo Masters
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The Monte-Carlo Masters serves a dual function in the tennis calendar. It is certainly a major warm up for male tennis players ahead of the French Open at Roland Garros, which take place a short time thereafter. However, it is also a huge event in its own right as part of the Masters 1000 series of tournaments on the ATP tour, making it one of the most prestigious events to win outside of a Grand Slam event. 

Several factors combine to make the Monte-Carlo Masters one of the most exciting events of the year. Sure, it’s time in the calendar ahead of the French Open helps but combine that with the fantastic surroundings of Roquebrune-Cap-Martin bordering Monaco and its always high-quality field, and you have the perfect combination for a top event of the year. 

So, if you are a tennis fan, or a tennis betting enthusiast that loves to enjoy a wager on the big tournaments throughout the year, let’s take a look at what you are going to need to know about the markets and odds offered from bookmakers for the Monte-Carlo Masters 1000 tournament.

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Monte-Carlo Masters Betting Odds Explained

If you are a relatively newcomer to sports betting, and everybody had to start somewhere at one time or another, then you may be confused about the different odds, the different formats on offer (Fractional, Decimal, American etc) and what they mean relevant to the bet that you want to make. 

So with that in mind, let us first clearly explain what odds are, how they can be presented and what they mean in terms of the bet that you wish to make. 

Odds are simply a way that bookmakers use to imply the probability of a certain outcome happening. That sounds complicated but it is not. In a tennis match between two very evenly matched players, let’s say for ease of explanation, that the bookmaker reckons the game is a 50/50 chance meaning each player is equally likely to win. 

In the real world, a 50/50 chance, such as picking whether a card will be a red card (heart or diamond) or black card (spade or club) from a pack of 52 cards is an even money chance. This is denoted, depending on the odds format used as either Evens (1/1) in Fractional odds, 2.00 in Decimal odds or -100 in American odds. 

For beginners, decimal odds are the best to use as it makes calculating your potential winnings from any bet so much easier as it is a very simple calculation – Your Stake x The Decimal Odds. So, in the example above, if you bet £10 on a 2.00 (even money) selection, then your total winnings, if the bet was a success, would be £10 x 2.00 = £20. 

Of course, in betting terms, odds calculations are more complex than simply saying a 50/50 event is evens on both parties. This does not build into it the bookmaker’s edge to guarantee them a profit, however this example shows how odds are used within the industry and how decimal odds in particular can be an easy way to calculate your return if your bet is a winner.

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How are Monte-Carlo Masters betting odds calculated? 

Now that we understand what odds are and how they are used within betting on tennis matches, such as at the Monte-Carlo Masters, another thing to consider is how a bookmaker reaches the decisions on what odds are to be offered for certain markets. 

The process is far more complex than many punters appreciate. It is certainly no arbitrary selection based on an oddsmakers gut feeling for a particular market or match.

At the heart of the process is a very complex mathematical calculation called an algorithm. The data fed into this algorithm for both the tennis stars competing will determine the odds that it generates for the different markets. As this process is now calculated by computer, odds can be generated within a fraction of a second.

A huge amount of data goes into the algorithm for every market, and you would think that this is the end of the process, but almost all bookmakers also use a human oddsmaker or risk assessor to check the odds offered and ensure that they are not only competitive compared to their rival bookmakers, but also that they are going to appeal to punters too.

This is the process that eventually sees you with your odds of 4.00 (3/1) on the underdog player to beat the 1.00 (1/2) favourite in the Monte-Carlo Masters betting.

Finally, the amount of money bet on an outcome can also influence the odds once they have been set. If one player receives a lot more backing in the betting markets than their opponent, then the bookmaker will shorten their odds. The opposite is also true as if one selection does not attract much in the way of betting money, then their odds will be lengthened.

By doing this, the bookmaker can ensure that they ensure a small profit, or that their liability is kept to a minimum on a tennis match, or any sport event for that matter. 

So, as you can see, the calculation behind deciding betting odds is far more complex and involved than many would expect. 

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Why are odds important for your Monte-Carlo Masters bets?

Why are odds important for your bet on the Monte-Carlo Masters? It’s a good question as bookmakers would not spend a huge amount of time and resources on generating the best possible odds they can, if they were not important to their customers. 

Obviously, the main benefit of odds to you as a tennis bettor is that when you make a selection their odds give you an idea of how likely they are to win that bet for you. The shorter the odds, the more likely the player is to land the win you want. Additionally, the odds shown also allow you to calculate what you stand to win, should the bet be successful. 

But odds actually are more important than that. Every bookmaker has their own process in generating their odds for the same market and by comparing these different odds on offer at different bookmakers, you can actually use the odds to ensure that you get the best possible return for your bet!

For example, let’s say you are looking at backing Andrei Rublev to beat Casper Ruud in a Monte Carlo Masters quarter final game. You look at the odds with one betting company and they are offering 2.50 (5/2) on Rublev to win the game. However, if you check with another bookmaker, you may find that Rublev is 3.00 to win the game with them. Obviously, it then makes more sense to place your Rublev to win bet with the second bookmaker. 

These differences in odds offered by competing bookmakers can be significant, which leads us nicely onto the next part of the process of ensuring you get the best odds on offer for any bet you make.

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Register with a variety of bookmakers! 

Registering with one bookmaker will allow you to bet on the Monte-Carlo Masters, but it is not guaranteed that you will get the best odds you can for your bets. In fact, it is highly likely that you will not. 

To ensure you can use the difference in odds offered by bookmakers, it is a wise move to open as many betting accounts as you can with different bookmakers. You can then use a trusted odds comparison site to compare the odds on offer for selected markets so that you will always get the best odds on your chosen tennis bet. 

The difference in odds may only be small but as any experienced punter will tell you, over the weeks, months and years, those small extra returns can add up to a considerable amount over time. So why win less than you could have done by simply having more accounts with bookmakers available to you? 

Remember too, multiple accounts means that you can access multiple welcome offers at the different sites, which can provide their own benefits to you, depending on what the free offer is of course. 

So if more free bets, deposit bonuses and better returns on winning bets on the Monte-Carlo Masters, or any sports event for that matter, sounds like a good idea, remember to open as many betting accounts as possible to gain the maximum benefit!

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