Sunday, September 23, 2007

Calling Big Joe

P/L Since Last Update +£1162.7
Semifinals P/L +£1134
Three matches traded:
India/South Africa +28.7
Newzealand/Pakistan +278.42
India/Australia +855.6

Twenty20 World Cup final coming up on monday.Obviously last match but if you look at the first match of the tournament (South Africa v West Indies) every strategy hidden in that match to how to trade on Twenty20 cricket.How?Just look at that match odds inplay:
1.West Indies Batted first and scored 205 in 20 overs.SA started around 1.6 as favourites and then some carnage from Gayle and odds in mid(1st inning) was around 1.4 West Indies.
2.Then some good overs for SA in last and WI restricted to 205 Odds at the innings break was 1.9 West Indies as favourites.
3.SA started to chase and some dot balls in early overs and WI odds shortened to 1.4x
4.Then SA accelerated and WI odds started to drift.
5.Flip flops in middle mainly due to wickets or dot balls.
6.SA won finally by 8 wickets.
7.Both team was traded in 1.4x zone in match.
Summary:
1.When bat team doing well or got a electric start in first innings there odds reaches to a level from which chances of downward movement is less compared to upward movement.(Constantly going for 12/over not is not a easy job specially when spinners are due)
2.When team loosing first two wickets specially when chasing they are not finished.(11 batsmen are there for 20 overs)
i'm not saying that this happened in every match or we earned a lot from this theory.As you know it failed in India/England match when we layed india in 1st innings.It also failed in India/Africa match when if someone put money on SA when they are chasing low score and lost some early wickets.But yes it worked in many matches and our redefined formula 'Predicting Target Odds' for 1st innings born.
Second innings you always know that if it is a reasonable target we always likes to lay bat team in short odds but in Twenty20 laying bowling team in short odds in any innings also worked on many occasions because market always over reacts on wickets but their are 11 batsmen for only 20 overs as we seen in 2nd semifinal when Australia lost Gilchrist.In brief what we learn again and again is 'Never Back Short Odds Of Any Team In Twenty20 At Any Stage' Infact it is true in all version of cricket.
This post is going lengthy i think.
Quick reminder that our inplay plan worked in both semifinals yesterday as lay of Newzealand in first semifinal(1st inning) and than in 2nd semifinal lay of any team in second innings in 1.4x zone.
Coming back to title of post 'Calling Big Joe' those who are regular at Betfair cricket forum knows him.He is blind supporter of asian teams mainly India.Having great sense of humour but sometimes many annoyed by his one sided threads.
But really whenever i read his posts i laughs so loudly that my Mrs wondered what is going on.He is a lovely person but i think he should try to minimize his repetitive views in favour of cricket forum as many thinks it looks like 'Big Joe Blog' more nowdays. Thats all for now.Tomorrow is final and please post your plans for match.
Bye bye
P.S:
Don't know how many knows about 'Betfair Cricket Forum' but it is a great place to find vital information/links on cricket matches specially at start of play like weather,team composition,mood of the market,ground records,pitch behaviour etc.My advice is that although it is difficult to follow it inplay but at the strat and in between innings breaks try to visit there and you may find some valueable informations.

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