Tuesday, July 18, 2006

Pro40 cricket trading

Daily Result: £211.59

Had a look at the first ever televised Pro40 match today. So ok, it may be yet another rehash of the old Sunday League, but a 40 over innings match is a great trading opportunity and that was enough for me to tune in!

As it was Essex were obviously the big pre-match favourites over Northamptonshire and unfortunately won the toss and elected to bat. I usually prefer the underdogs to bat first as there's bigger scope market movement if they get off to a good start and post a decent total. As a result, although some lucky sod appears to have got 1.7 about Essex pre match, once it got in play the pressure was pretty much downwards from a 1.5ish start to the finish which limited any real opportunity for juicy trades at least.

Should have really cleared £300 on the game but with two wickets down in the Northants innings, and Sales showing he's still a class batsman at county level, I had a cheeky, and as it turned out foolish, lay of Essex. Was hoping for a few more quick runs and a nice trade. What I actually got was a wicket two balls later and a reduced win.

Didn't actually watch too much of the second innings after the first 12 overs or so as the result was a bit of a no brainer at 1.07 ish. But I have seen 1.01s get turned over in cricket before so did keep an eye on the game. And was pleased I did as someone decided to have some fun. With Nottingham around 90ish runs for 4 wickets, and needing over 9 an over from the remaining 20 or so someone put up a £2 million lay of Essex at 1.02. Not the biggest sum I've seen on Betfair by any means but I suspect whoever it was endured a bit of a brown trouser moment when Sales was out and they rushed to cancel the bet hoping they hadn't just dropped £40k by being too slow!! Guess you've got to be pretty sure of your computer set up and internet connection to play around with that kind of cash.

Anyway, pleased with the profit. All helps to build the month's profit after a poor start and keeps the wedding funds ticking over nicely. Tomorrow sees Worcestershire v Gloucestershire in another Pro40 game on Sky so will probably have a dip into that one at some point too.

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1 comment:

Anonymous said...

No risk-it no biscuit.