Saturday, July 14, 2007

Pro40 cricket trading

Daily Result: £163.97

Well the good news is the rain relented and we finally got some live domestic cricket on tv. The bad news was it was a pretty dull game and not the best for trading. Still, managed to turn a profit and did ok on the spreads too so a pretty good result despite the match.

The game I got involved with was the Leicestershire v Kent Pro40 match. Fancied Kent from the off with such a strong batting line up. 10 of their team had first class hundreds. The 11th batsman merely a first class 90! Was hoping they'd bat first, set a nice total and enable me to ride the price down to 1.01.

Unfortunately Leicester won the toss and rightly chose to bat. They got off to a good start but as Kent started to take the pace of the ball batting got harder and the final total of 176 was below par but certainly defendable.

The real issue at that stage was how the Kent batsmen got on against the slower Leicestershire bowlers who have a deserved reputation for relative tightness. It never came down to it though. No doubt fearful of the spinners Kent came out to get off to a quick start and they did. Got ahead of the rate and stayed there. Even sending the No. 11 Cook in at no. 3 to have a smash. The plan worked as by the time the spinners came on the required run rate was so low it was simply a case of taking singles as and when. In the end Kent cantered to a 6 wicket win with more than 6 overs left to spare.

Trading wise it was all a little quiet. I made a mistake in the first innings which left me green Leicestershire and red Kent. I decided to just leave things until I had a better idea of the result. Unfortunately that eventually meant getting on Kent which led for a smaller win but my stakes were relatively small - first game back and all that - and I'm happy with the £160 or so. Was actually more interested in the spreads today and picked up a similar amount on them.

Will no doubt have a look in on the Lancashire v Essex Pro40 tomorrow though will be unable to do much of the match so will again keep the stakes small and just try and keep a pretty level green book as I go.

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