Saturday, August 25, 2007

Good profit on 2nd Odi by sticking to our basics

Yesterday P/L +£813.1
It was touchwood a rare day that everything went our way.2nd odi was really a trader's dream match.
From prematch freelay or inplay freelay to good trading opportunities.
But no doubt luck always play part.(fingers crossed)
1st i want to review our prematch freelay:
England odds cut to 1.67 after the news of illness in India team.As i posted before match that it may not go downward further and every chance of upward move is more.And i was 200 green on any team before start of match.Yes toss was vital but if odds was something like 1.95 for England it may not drift more than 1.67 odds prematch
Inplay Trading:
In 1st inning there was little chance of trading opportunity.
2nd inning,again it was like previous match.High chase and only wait for 1.8 or more odds of bowling team(India) to back but i was worried at one stage when 70 quick runs scored by England.At that time i cover some of my liabilities and when after two wickets india odds reach again in 1.7 zone i back them.Rest all you know because i think i posted a lengthy inplay post yesterday.
P.S:
In recent years i remember only one match in which chasing team won over 310+ score easily.In this match bowling team(England) odds drifted one way.It was Srilanka against England somewhere around 2005 in Natwest series when jayasurya hit England bowlers badly.Other matches in which team chase more than 310+ and won was Newzealand against Australia twice recently but not won comprehensively like Lanka so i was confident on India win and sure that if i back them on 1.8 and more i may get chance any time to lay them in 2.1 in worst scenario but i was cautious and alert in 2nd inning and had money management plan to bail out if England chase exceptionaly well.I will post my monthly and since start of blog P/L in next post.

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