BTC Cricket Trading Thread
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@richard-futter rain outta nowhere bugger off ha
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Draw out to 6.0 and still an hour to go tonight.
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tick
classic book just about dipped into red and hopefully may not see it remainder test
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Here we go!
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Aussie price shooting out
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Looking forward to laying ENG @11's when 30/0
So could be 4 or 8 years from now
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Tough test ahead for England top order
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@james-woodroffe said in BTC Cricket Trading Thread:
Happy to drip some more into the draw lay for 3.55.
can't understand those odds, bad weather expected?
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Happy to drip some more into the draw lay for 3.55.
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3.30 re layed
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Slow going this. I did think there was a chance of a declaration at tea, but looks like they'll give England an hour's batting in really difficult conditions.
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@richard-futter said in BTC Cricket Trading Thread:
Is Labuschagne the luckiest man in cricket?
He has been lucky but you bat long enough this English side will give you an opportunity to have some luck go your way.
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What do bowlers gain by bowling that close to always being no balls in the first place
#muppets -
@nathan-bennett ditto
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@richard-futter yes and starting to irritate me ha
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Is Labuschagne the luckiest man in cricket?
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Just go home England just go home
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@dan-mackinnon Thanks Dan, and thanks Richard
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@stuart-wallace you’ll find people refer to pt (points or percentage point) which relates to your bank. Often if you had say £100 you would split that into 100 £1 stakes. The benefit is that you have a lot more control of your bank and can adjust your staking over time. It’s also a lot easier to explain your strategy rather than talking in £s which is why YouTube and social media is really misleading. The simplistic way to think about it is imagine playing in a casino and you’ve exchanged your money for chips.
If we use the example of 1pt is 1% and £2 minimum stakes = 1pt from a £200 bank. When I said you’re laying to win 1 pt and risking 3% because the odds are 4.0. So your liability is £6 and to win £2.
What Richard is saying about drip laying is taking the stake (so let’s say £10) and splitting it and feeding it into the market in stages. So you could split it into 5x £2 stakes and enter as the market goes in your direction. The benefit is that you’ve never entered your full £10 if things went against you. The disadvantage is that if things suddenly changed you’ve missed the opportunity to get value from that £10.
Hopefully that makes sense and I haven’t confused you more! To be clear, you don’t need £200 bank you can apply the same principle using £100, £50, whatever as long as you’re consistent.
