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Author's note
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As we approach the finals of the Brisbane International, it’s time to think about all the players who didn’t make it. My research with Kerry Papps and Wayne Grove shows that only a tiny fraction of professional tennis players actually make a steady income, let alone vast riches. Most players are likely much better off pursuing other careers. So, why do so many turn pro?
It’s the same reason gamblers love long odds. People get a lot of pleasure from going for something with a huge payoff, even if the possibility of that payoff is vanishingly small. Having dreamed of becoming a tennis superstar myself as a kid and teenager, I am now happy I didn’t go that (almost certainly) futile route.
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Michael Jetter
Senior Lecturer in Economics
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Top story
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Tennis is one of the most unequal professional sports.
AAP
Michael Jetter, University of Western Australia; Kerry L. Papps, University of Bath; Wayne A. Grove, Le Moyne College
Only a few professional tennis players make a stable income, let alone vast riches. Research suggests it's this small chance of a huge payoff that drives players to play professionally
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