Daily Result: £248.79
Well, I've got to be honest. I never thought I'd be writing those words. I mean, England win the CB Series!! But the fact is they did. And whatsmore they did it in style. Beating Australia 3 times in a row. With an injury ravaged team that didn't include Trescothick, Vaughn, Pietersen, Jones or Anderson. I don't know. Perhaps Aussie coach John Buchanan forgot the World Cup is fast approaching. Otherwise you'd think he may have had the decency to have encouraged his team to have "tested" us in the run up. ;-)
Joking aside though it was a magnificent result from England. Except for the person who layed them at 219/1 to win the tournament on Betfair I guess. Today's 2nd - and as it turned out - deciding game of the final, saw England bat first and make 246 on a pitch where the average 1st innings score for the last 10 matches is 284.
Not quite as a poor as it sounds at first as the innings was badly interrupted by rain which broke up the flow and saw England lose at least one wicket the ball after an interruption. Three run outs didn't help the cause, but Collingwood and Flintoff's record English 5th wicket partnership at the ground of 97 helped steady the ship. Indeed Collingwood made 70 to go with his two previous centuries. But the end of the innings slowed, there were no boundaries for the last 7.4 overs and your gut feeling was England would have been a little disappointed with 246.
That said, the record chase under lights on the ground is 260. The bowling conditions were good and although the market had Australia big favourites it was game on. Of course, early wickets were going to be crucial. And although Australia made it to 25 before losing one by the time they'd reached 63 they were 5 down. By then the rain had returned, we were looking at duckworth Lewis calculations and England were hoping they could bowl 20 overs in between the showers to get a result.
It was a close thing. The rain radar showed the heavy weather closing in but eventually England managed to get through just over 25 overs before the big downpour started. Australia were behind on the D/L and the game, final and series was England's! A fantastic result. Full of spirit. England went from taking 70 days on tour to beat Australia once to beating them 3 times in 10 days.
Elsewhere there were two other ODIs on during the Australia v England match. India v Sri Lanka and South Africa v Pakistan. I had a quick look into these during rain breaks and made a little on each. Pakistan showed once again they are a team of extremes. Having crushed South Africa in the last ODI they lost this one by 10 wickets. The second time they've lost to the Saffers by that margin in 10 days!
Finally, after yesterday's disaster in the rugby I had to look in on the Ireland v France match today. Went back to my tried and trusted method of basically laying the two teams to an overround through my reading of the match while building up a large green on the draw in the knowledge that every now and then it happens - or we get close and it can be layed off for a nice profit. Well we didn't get the draw but it was a cracking game, put yesterday's rubbish between Scotland and Wales in perspective and I made around £30. Settle for that.
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2 comments:
Hello, I am interested in your style of rugby trading. Could you clarify what you mean by "laying the two teams to an overround"?
Thanks and hope you keep the blog going after the big day.
Andy
Hi Andy,
Apologies for taking so long to reply. Hope you saw the post about it. The way I was describing trading the rugby is very straightforward. I rarely get involved in rugby these days and it's just a method I used to use a few years ago. I'm sure there are plenty of better / more efficient approaches etc but doing it this should provide a smallish profit on a regular basis if you read the game well with a largeish pay off every now and then when the draw comes in - or looks like it may do as the game nears the end.
The laying two teams to an overround means just that. Laying them to more than 100%. (Sorry if you know all about this but there are some explanations here and here
So basically what I did in the match mentioned was lay Ireland and France a few times to prices that added up to more than 100%. eg, My first lay of Ireland was at 15:04 at 1.86. My first lay of France was at 1.9 at 15:07. This left me a small green either result and a much larger green on the draw. Of course it helps to be able to predict which way the market will move in the short term and that is down to your reading of the game / who has possession / where they are on the pitch etc. But repeat this several times in a match and you have a nice book.
Of course, the potential big payoff comes in if the draw looks likely near the end of the match. If it comes in that's great. But even if it's looking likely near the end the draw price will plummet giving you the opportunity to play with your book and leave much larger greens all round.
Like I say, it's a very simple idea and I'm sure others use far superior methods. It tends to work best where the teams are fairly evenly matched and you have a free-flowing game and plenty of price fluctuation as a result. But for someone like me who gets involved with rugby from time to time and can read the game ok it's not a bad little idea which can sometimes lead to a big pay off for little risk.
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