September 30, 2022

Once a 50-1 long shot, Serena Williams is now among the favorites at the US Open.

Most popular as the betting underdog is the all-time great, usually responsible for the sportsbooks, and Serena Williams He did that damage with his upset No. 2 seed in the second round of the US Open Annette Condweed.

Some books pointed to significant losses for the 40-year-old American at 2-to-1 odds in what many expected to be his final Grand Slam due to majority support.

“It’s pretty unique to have a sports icon like this at long odds,” Caesars Sportsbook vice president of trading Craig Maclow told ESPN, adding that Williams took five times more bets than Kontavet to share the house. “It’s a great story, and long will the run continue, we’ll see Serena supporting it, for sure.”

The six-time US Open champion entered the event as a long shot at 50-1. His odds dropped to 30-1 after his first round victory and now sits at 14-1.

“The future is ugly,” SuperBook managing director and oddsmaker John Murray told ESPN. “A big number of responsibilities can add up in a hurry. The stakes always increase in the late rounds, and interest around Serena will rise if she continues to win.”

Due to the increasing legalization of sports betting in many states, it is difficult to compare the betting handle to previous years. However, operators shared that they are seeing a lot of racing interest in the event, which could be Williams’ final run. Caesars said he will enjoy 10 times the handle on his matches this tournament compared to 2021.

“It’s definitely a huge handful for early matchups,” DraftKings sportsbook director Johnny Avello told ESPN, sharing that he saw “awesome” action for his second-round upset. “I think that trend will serve throughout. The responsibility continues to grow in the future, and it will only increase if he continues to succeed.”

To meet the heightened interest in this US Open, Caesars also offered an indexed bet on how far he would last in the tournament. Bettors can place bets in advance on the particular round in which he will be eliminated, which is not normally offered before.