BTC Cricket Trading Thread
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Yep fully layed myself, a very green opportunity .
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England doing their best to bring the draw back into the equation here. Down to 8 having traded at 120 earlier! Well worth laying at single figures; chances of a draw as close as you can get to zero I reckon, especially as there's only a 1% chance of any rain.
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@shaun-halse didn't work out sadly - and I got out when the wicket fell, meaning a loss of ten ticks at 1.37. Looking back at it, should probably have waited an over or two to see how the pitch was behaving. Generally, with a short term trade like that I go with how I see the match rather than having a hard and fast fixed loss strategy.
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@richard-futter thanks mate appreciate the feedback. I did numerous short term lays of Australia yesterday once NZ started their first dig before laying the draw this morning. Could see the Kiwis showing ticker before Oz got on top so was happy with my reading. Like the idea of laying an ordinary England before possibly laying an ordinary SA.
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@james-woodroffe I do literally hundreds of trades during an England Test match, but that's because I do lots of short term scalps as well as the longer term trades.
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If England can make just 200 in their second innings, they're 95% winners for me. Got to be worth a lay at 1.47 in the short term though, with such a couple of inexperienced opening batsmen.
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A good day trading the Sydney test. Laid the draw at 3.85 this morning. Something I am interested in and maybe Richard or Nathan could fill me in on, is on average how many trades per test match do you guys make? I see Richard did an early lay of England and then correct me if I’m on wrong mate did you back the draw before closing out for green and then did you lay it? Once the draw odds went thru the roof did you then close it for more green before now looking at a possible lay of SA? Or is there no average? The test being the test. Just wondering in test cricket if there’s a dont over trade mindset- philosophy also.
Last year for me was all about making rookie-dumb arse mistakes whilst I learnt and got my head around certain things where as this year is about not making rookie-dumb arse mistakes and becoming a better test match trader. -
@richard-futter its so simple but effective,laid the draw in sydny at 2.92 & trade out at 6.
Early morning profit.
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Was a nice spike it the odds last few overs, Englands price gone up from 2.5 to 3.0 in space of 2 overs. Iv only been getting involved in lays of England so far
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@richard-futter I was reading about this also recently and funny enough I thought of you and the old adage of “nobody ever went broke laying the draw”. Made so much more sense after reading that article.
Which makes 3.85 in Sydney very sexy.
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@richard-futter brilliant stat! let's hope they don't got for four day tests.
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A nice stat for those traders who, like me, just love to lay the draw in Test cricket. In 39 Tests last year, only 4 ended in draws, and in three of those draws an entire day's play was lost due to rain.
So, unless there's a real danger of significant rain, draws in Test cricket are a pretty remote possibility these days.
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These odds are crazy. Surely England's price has to drift.
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For the life of me cannot understand how England are odds on favourites with five wickets down on a good batting track.
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great shout on the draw lads market moved nicely
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@nathan-bennett Thanks Nathan. Love when the batting side get on a roll on the flat track. Results last few this wicket but 600 runs 1st innings both sides around 5 tests back at this venue. Gives confidence despite the teams not being at full batting strength.
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@richard-futter thanks Richard I’m pretty much doing that have backed it at 7.80 and will just monitor play now for a while but yeah can’t always trust England.
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@gregory-emblin just a lil protecting capital thing to remove red while still having a free bet so say [email protected] lay and [email protected] back would give you a free roll for 50 if SA don't win …
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@james-woodroffe definitely like the draw, as I can see it shortening considerably. Keeping stakes quite low though as you can never entirely trust this England batting line up.
