Tennis betting guide for 2022

Whether it’s the ATP or WTA, betting on tennis tournaments online is easy, convenient and a great way to add a little extra excitement to a game you already love to watch.

Our handy tennis betting guide tells you everything you need to know about wagering on the much-loved sport, from tennis betting odds explained to rules and strategies. If you're ready to try out tennis betting online, we've found the top 10 betting sites that welcome Canadians.

Best online tennis betting sites in Canada

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Last reviewed: January 2022
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The expert team at OnlineGambling.ca carefully reviews and ranks the best online casinos and sports betting sites available in Canada, based on the following criteria: security, payout speed, win rate, bonuses, choice of games/sports markets, customer service and mobile compatibility. Read more about us.
Canada’s top sportsbook
1 Since 2006
4.5 /5
Excellent
C$200 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 24 hrs

Pros

  • Check icon Dozens of sports to bet on
  • Check icon Dedicated sports betting app
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Cons

  • Check icon FAQs section is lacking

Payments

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Quickest payouts
2 Since 2001
4.4 /5
Great
C$200 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 24 hrs

Pros

  • Check icon Easy sports navigation
  • Check icon Very quick payout time
  • Check icon Efficient customer support

Cons

  • Check icon No phone support

Payments

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Best navigation
3 Since 2012
4.3 /5
Great

Coming soon

C$250 Bonus
  • Check icon Win Rate: 97.17%
  • Check icon Payout Speed: 24 hrs
Play Now

Coming soon

Pros

  • Check icon Very modern sportsbook
  • Check icon Low bonus wager requirement
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Cons

  • Check icon Promotions aren’t so regular

Payments

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Best customer service
4 Since 2003
4.2 /5
Great
C$10 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 24 hrs

Pros

  • Check icon Easy-to-claim sign-up offer
  • Check icon Renowned customer support
  • Check icon Decent range of promotions

Cons

  • Check icon Few payment options

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5 Since 2008
4.2 /5
Great
C$300 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 24 hrs

Pros

  • Check icon Large sports betting selection
  • Check icon Dedicated sports betting app
  • Check icon Huge selection of promotions

Cons

  • Check icon No live chat support

Payments

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Best racebook
6 Since 1997
4.1 /5
Great
C$125 Bonus
  • Check icon Win Rate: 97.22%
  • Check icon Payout Speed: 3 days

Pros

  • Check icon Refer-a-friend bonus offer
  • Check icon Stylish sportsbook design
  • Check icon Separate racebook section

Cons

  • Check icon Few esports betting options

Payments

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7
4.0 /5
Great
C$300 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 1-2 days

Pros

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Cons

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8 Since 2003
3.8 /5
Good
C$500 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 48 hrs

Pros

  • Check icon Leading sports odds
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Cons

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9
3.9 /5
Good
C$1,000 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 5 days

Pros

  • Check icon Big variety of sports markets
  • Check icon Award winning mobile app
  • Check icon Great sports betting promos

Cons

  • Check icon Slightly confusing sports page

Payments

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10 Since 2017
3.9 /5
Good
C$200 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 1-3 days

Pros

  • Check icon Multiple live betting options
  • Check icon Very appealing site design
  • Check icon Quick payout times

Cons

  • Check icon Deposit & withdrawal fees
  • Check icon Customer support is not 24/7

Payments

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More on tennis betting

Introduction to tennis betting in Canada

Whether you’re a fanatic, occasional spectator, or simply want to enter the thrilling world of online sports betting, tennis is a great sport to bet on, offering up lots of great wagering opportunities for bettors.

Here are a few of the biggest reasons Canadians love betting on tennis:

  • The calendar is always jam-packed with great tours and matches from January through November
  • Bets can be made on matches happening throughout the year, and even the lower-ranked Challenger games can be bet on
  • While the Grand Slam tournaments – including the Australian Open, French Open, Wimbledon and US Open – are the top real money draws, that's just the beginning. The Davis Cup and ATP Masters all feature heavily in online sportsbooks' markets

Hit the 'Tennis' tab on your Canadian online sportsbook and you'll find a full list of tours and Slams to wager on. In most cases, certainly with Grand Slams, you can bet on the outright winner months in advance. The odds change over time as favourites rack up wins or get injured.

Individual matches usually have around 15-20 markets on them, from the winner of the match to the set score (e.g. 2-0, 3-1 etc) and the winner of the first set. Some sites offer in-running betting where you can place bets on the winner of the next point. Odds change in real time and canny bettors can take a profit as the market switches.

How do tennis betting odds work?

Unsure of how tennis betting odds work? Don’t sweat it. To give you a clearer picture, we’ve put together an example using the men’s tennis odds for the US Open 2021 final:

Novak Djokovic
Novak Djokovic
-250
Daniil Medvedev
Daniil Medvedev
+210

World no.1 Djokovic was the favourite to win, highlighted by the fact that his odds were negative, while his opponent, Daniil Medvedev, was the betting underdog. To win C$100 in profit, you would have needed to bet C$250 if backing Djokovic and C$210 if backing Medvedev.

The payout odds are always greater when you bet on the underdog, but of course there’s more risk involved. In the case of this match, Medvedev ended up winning the Grand Slam Final, and so Canadian bettors who wagered C$210 would have won C$100.80 in profit.

We’re using American moneyline style odds in this example, but betting odds can also be expressed as decimals or fractions. Check out our odds calculator below to see how the different odds and prices compare:

Types of tennis bets

There are many different ways to bet on tennis. Some of the best tennis bets today include wagering on the moneyline, the game or set spread, or the over/under. We’ll take you through how some of the most popular bets work below:

Moneyline betting

One of the most popular sports bets on the market, a moneyline bet is simply betting on which player will win the match. In the case of the above example, we know Djokovic is the favourite as he is represented with a minus sign, while Medvedev is the underdog (shown with a plus sign).

Handicap betting

You’ll find tennis handicap betting is very similar to spread betting in other sports. It aims to level the playing field when you have a situation whereby a champion is going up against a much less talented or experienced player. As there’s such a clear favourite, bookmakers will offer a spread, so you can instead bet on how a player will win by a number of games or sets, rather the final result of the match.

Over/under betting

This is a wager on the total number of games or sets played in a match. So, if you consider women’s tennis odds, the over/under for total games for the recent 2021 US Open Final between Emma Raducanu and Leylah Fernandez was set at 21.5. As young British talent Raducanu ended up winning the match in two sets (6-4, 6-3), those who bet under would have won as the match only went to 19 games.

Prop bets

Prop bets, or proposition bets, are great for those of you looking to spice up your online betting experience. Tennis prop bets are pretty wide-ranging, covering everything from which player will win the first set, how many sets a player will win by, whether or not there will be a tiebreak, etc. Of course, be aware that these types of bets come with much greater risk and are generally only offered during major tournaments.

Live betting

When it comes to live or in-play betting, it doesn’t get much for exciting than tennis. Odds can fluctuate rapidly as the match unfolds, with sportsbooks adjusting the prices to reflect the sudden shifts in play, so you need to be on your A game to ensure you don’t miss out on a decent profit.

With in-play tennis betting tips, we recommend paying attention to the markets throughout the match as quite often in tennis the underdog will re-enter the game after being two sets down and in some cases go on to win. We also strongly suggest doing your research when it comes to things like stats and players prior to the match to inform your tennis in-play betting strategy.

Tennis betting apps & mobile options

You don't need to worry about missing any of the online sports betting action anymore. Tennis fans in Canada can easily place bets on their mobile or tablet no matter where they are, so long as there’s a stable internet connection.

The majority of top sportsbooks today have downloadable apps for both iPhone and Android. Of course, some of you may simply prefer to visit the site and place bets through your mobile browser rather than downloading software. The choice is yours.

Tennis tournament schedule 2022

Make sure to take note of these key dates in the tennis calendar, so you don’t miss out on any of the betting action:

  • Jan 17-30: Australian Open (Melbourne, Australia)
  • May 22 – Jun 5: French Open (Paris, France)
  • Jun 27 – Jul 10: Wimbledon (London, England)
  • Aug 30 – Sept 12: US Open (Flushing Meadows, New York, US)
  • Nov 25 – Dec 5: Davis Cup (Madrid, Turin and Innsbruck)
  • Oct 31 – Nov 6: WTA Finals (Shenzhen, China)
  • TBC: ATP Finals (Turin, Italy)
  • Mar 7-20: BNP Paribas Open (Indian Wells, California, US)
  • Mar 21 – Apr 3: Miami Open (Miami, US)

FAQs

When is the next tennis event?

The next major tennis event is scheduled for January 17, 2022, and is the Australian Open, the first of the four Grand Slam tennis events held each year.

How do you bet on tennis and win?
How does tennis handicap betting work?
How do you read tennis betting lines?
How do you read tennis odds?
What happens to a tennis bet if a player retires?