@brian-doe said in BTC Cricket Trading Thread:

@matt-ayles The strategy still shows that because you’re trading at very low odds, even when it goes south, your losses are minimal.

Can easily make it back and more with two good T20s on the cards tomorrow.

To me thats the beauty of this strategy, in that its a minimal loss when it does fail, however, i think Matt mentioned before that in 1 game he monitored 1.1 went to 1.2 four times . So in that instance the profit could be large in comparison to potential loss.

Level 64

@matt-ayles The strategy still shows that because you’re trading at very low odds, even when it goes south, your losses are minimal.

Can easily make it back and more with two good T20s on the cards tomorrow.

Level 10

@brian-doe said in BTC Cricket Trading Thread:

Well this has gone disastrously. Any tips on getting out?

Agree with Matt in that this is more likely to work with 2 more evenly matched sides. My first thoughts on seeing this game is that it was too weighted towards one side , and would probably have passed.

Level 64

@brian-doe said in BTC Cricket Trading Thread:

Well this has gone disastrously. Any tips on getting out?

This is why i like the stop loss at 1.05 as then you only lose half your stake.

Sorry it's not worked out today, but perhaps UAE are not good enough in this sphere to be traded? Perhaps worth only using the strategy on top class teams. Might work on IPL too.

My advice would be once the lay is matched enter 2 back bets, one at double odds and one at half odds, then just remember to cancel the one that isn't matched first.

Level 55

Well this has gone disastrously. Any tips on getting out?

Level 10

@brian-doe said in BTC Cricket Trading Thread:

@matt-ayles Need UAE to dig in and drive the back price up a bit. Fingers crossed.

Back to back 6s helped but unfortunately that kind of aggression brought the wicket, so Im out for a loss this time.

Level 55

@matt-ayles Need UAE to dig in and drive the back price up a bit. Fingers crossed.

Level 10

Bangladesh 1.1

Level 55

@brian-doe said in BTC Cricket Trading Thread:

@matt-ayles Great idea. Maybe we could all chip in and share our research so we’re all singing from the same hymn sheet.

Bang averaging 157 from last three matches for 5ish wickets.

UAE have won just one in their last eight (all formats) and Bang are a clear step up in quality of opposition.

If this innings ends 157/5 I'm claiming witchcraft...

Level 55

Bangladesh are teasing. Get to 1.15 then lose a wicket. Lol

Level 55

@matt-ayles Yeah, makes perfect sense. Too much risk, which can’t be hedged if it starts going wrong.

Level 10

Another thought i had on this is, what if the odds are 1.12, then a 6 is hit dropping it to 1.07, but you would still be matched at 1.1 - your exit is still 1.2 whereas mine is a far more attractive 1.14.

There may be some legs in a set and forget style but right now i want to give it my full attention as its still in its infancy.

Level 55

@brian-doe said in BTC Cricket Trading Thread:

@matt-ayles Forgive my ignorance but have you ever queued up a 1.1 lay and say 1.2 back for if you’re not able to watch an entire game?

If goes as predicted, they’ll match, if not the prices go higher and nothing lost.

Good question. However, no. My current thoughts on the strategy have a stop loss at 1.05 if the game only goes one way. This is a brand new idea though which i only came up with last week but i don't currently want to do a "set and forget".

Also, what would you do if the 1.2 got matched first?

Level 55

@matt-ayles Forgive my ignorance but have you ever queued up a 1.1 lay and say 1.2 back for if you’re not able to watch an entire game?

If goes as predicted, they’ll match, if not the prices go higher and nothing lost.

Level 10

Bangladesh bat first and start around the 1.4 mark. Would need a sizeable opening partnership or a very high run rate to push it to 1.1 in the first innings but certainly not impossible. Worth keeping an eye.

Level 55

@stuart-wallace I'm hoping once i have my first very profitable month, say 1k or so, I'll invest in a decent office setup.

Level 55

@nathan-bennett said in BTC Cricket Trading Thread:

@stuart-wallace might be sick this whole month too

Football World Cup also during most of December ! Going to be one hell of a sporting trading month. With Test matches typically starting during the night from Oz and World Cup games being mostly at 13.00, 16.00 and 19.00 UK time, i am going to be a busy boy ! Like @Matt-Ayles , i will be using a white-board to have a schedule, and get myself set up with multiple screens and a nice office area.

last edited by Stuart Wallace
Level 64

@matt-ayles Great idea. Maybe we could all chip in and share our research so we’re all singing from the same hymn sheet.

Bang averaging 157 from last three matches for 5ish wickets.

UAE have won just one in their last eight (all formats) and Bang are a clear step up in quality of opposition.

Level 10

@brian-doe said in BTC Cricket Trading Thread:

Going to keep an eye out for potential 1.1 chances later.

Two T20s starting at 3; UAE v Bang and Bar v Guy in the CPL

I'll be researching the UAE game later.

Also going to be putting a calendar together for the world cup, match times, where I'll be etc, make sure I'm available to trade as i don't have a month off work lol.

Level 55

Going to keep an eye out for potential 1.1 chances later.

Two T20s starting at 3; UAE v Bang and Bar v Guy in the CPL

Level 10
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