BTC Cricket Trading Thread
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Cricket due to start at 11.... but it's delayed by the groundsman coming on with sawdust even though he could have done that hours ago. Only in cricket!
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Just a thought, but looks like we're going to get some play. The draw is layable at virtually no cost, and a few quick wickets would certainly push the price up a few ticks. Not out of the question if the Pakistan quicks hit their straps.
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@richard-futter great write up and yep just a crazy rare test that we will recover from in no time. Thanks for your input and onwards we all go.
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@nathan-bennett said in 2020 Cricket Trading Thread - Updated Thread:
@richard-futter great last line ha . good write up cheers
Having lived in Leicester all my life and a lifelong supporter quite liked that last line myself
In all seriousness thanks for that post @Richard-Futter it has put things in perspecive. All part of the learning process.
I read on Sky SPorts that there's been huge criticism of the lack of play from thr commentators in this test match. Feel sorry for the players living in a bio secure bubble since end of June without seeing families and not being able to play.
Rain is one thing and fair enough but in this day and age if grounds have floodlightls available why aren't they used and bad light becomes irrelevant.
The ICC needs to have a look at Playing conditions and how they are managed around the world.
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@richard-futter great last line ha . good write up cheers
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@richard-futter Thanks Richard. It is good to here things like this from such experienced heads. Makes it clear that the newbies like me are not getting it wrong but just happened upon a test that ended in a draw.
Your advice, as with others on here, is very much appreciated
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The Stygian gloom of Southampton has been a setback for most of us, I'm sure, but I just wanted to put things in perspective.
I've been watching Test cricket now for well over half a century, and I cannot remember another game where there has been so little rain yet hardly any play. Even in the smog of Delhi three years ago, India and Sri Lanka managed to get four decent innings played.
No one could realistically have foreseen this in mid-August on the south coast, and the great irony is that if this match had been played in Manchester we would probably be well on the way to a postiive result.
Occasionally these totally unexpected events will derail us, but the losses are a pin-p***k compared to the profits made over many years of trading.
There will be drawn games, of course there will, but normally the weather is much more predictable and in the vast majority of cases there are ample opportunities to trade out for a profit.
As cricket gets back into full swing - whenever that might be - there will be countless chances to make good these losses and make progress in building banks again.
And, as Luke and Martin have so rightly said, always be mindful of protecting your bank. I never risk more than a small percentage of my bank at any one time and am ready to get out very quickly if I think I've got it wrong.
In hindsight, I suppose we could have held fire until the latter stages of the game, but in reality I don't expect another match quite like this weather-wise in my lifetime - and more than I expect to see a team like Leicester win the Premier League!
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Lay England something clawed back .#nexttest
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Lights going to kill this, not the rain.
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@simji said in 2020 Cricket Trading Thread - Updated Thread:
Looking at met office for next two days most chance of rain is around 30%. Monday looks a right off. If play resume today does draw come back up. At 1.25 is it worth a small Lay at that price.
That’s a fair reading but I wouldn’t place a trade based on those hourly rain %, as I’ve noticed throughout the Test they are often outdated and inaccurate. Make sure you look at the actual weather radar for Southampton before doing anything.
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Current weather radar pointing towards no (or very little) play today.
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@jon-m yeah I do this, only keep 25% of my roll in Betfair at a time (unless some is tied up in long term outrights which I don't count as the 25%). I always ask the question, why do you need more than that in there?
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@jon-m Jon. That’s a cracking idea mate. Thank you for sharing, that really is a very good suggestion.
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What’s worked for me is setting up a separate bank account (Monzo) and keeping at least 95% of my bank in there. Ahead of any game I want to trade, I only have max 5% available in Betfair, to avoid any impulse stake. At the end of each month, I assess my trades and if I’ve been strict and stuck to my strategy (regardless of the wins/loses) i reward myself by spending 1% on a treat I wouldn’t otherwise do. It’s worked well by helping me to consistently grow my bank and avoid a massive loss. Hope this helps and whatever happens after a loss, I always feel better in the morning after time to reflect on it.
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@andrew-wooding Get consistent with your stakes,
FWIW, I lay approx 10% of my bank (MAX)
If you are going more than that, you are way too high, if you do this consistently over every test, you'll be in profit. 10 draws in a row would bust you.
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@luke-ridger Cheers Luke. It can happen and you don’t overstake for that reason. Lesson to be learned as I messed up, but thx to all the guys in here for their support and honest assessment
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Nobody should be beating themselves up, its unfortunate part of cricket. If you are staking correctly, you have to take these on the chin and play the longest of long games. To my knowledge, there was about 3 or 4 draws last year from approx 40 matches, it can happen.
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@james-woodroffe Cheers, I do appreciate that. Just difficult to see sometimes when you know next to nothing lol
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@matt-wood mate if you followed what somebody like Richard outlined and you laid at low odds you did nothing wrong. It’s just panned out to be one of those tests where now the weather has dictated terms.
