Thursday, September 13, 2007

Twenty20 World Cup,Strong Team v Minnows Matches Strategy

Hello again,
P/L Since Last Post £122.7
Last match i traded was first match of the Twenty20 World Cup between South africa and West indies with profit of £122.7 Prematch lay of SA in 1.58 and flip flops in 2nd inning specially in first 10 overs was main highlight of trading.Although lay of SA around 1.2x in last overs of 2nd inning not worked.
After that match 3 more matches played yesterday and 3 more scheduled today but i'm not trading on these matches due to lack of time but from tomorrow may involve if time will permit.
Shocking result yesterday as 1.01 odds Australia lost to Zimbabwe by 5 wickets.Pakistan was also Looking in trouble when batting first against scotland.Only New zealand won easily.
From these matches and other matches played between strong team versus semi-minnows or minnows in past i think chances of profit is more or strategy should be like this:(including 50 over oneday's also)
WHEN TO ENTER OR SELECT WHICH MATCHES
1.When
Strong Team Bat First In 1.0X Odds:When strong team bat first for example like in two matches played yesterday between Pakistan/Scotland and Australia/Zimbabwe.Chances of odds move upward of strong team was more than if weak team batted first.Because even if weak team start well there odds not changed much but if strong team had bad start then there is more chances of upward move in there odds.
If you see the history of upsets or near upsets.,you will find that in most of instances strong team batted first for Examples(Recent) From my memory (update later with more data).
1.India lost to Bangladesh in last world cup.
2.Pakistan lost to Ireland in same world cup.
3.Australia lost to Bangladesh (Don't know date)
4.Australia lost to Zimbabwe yesterday
These are real upsets but there was many other instances in which strong team found themselves in trouble when batting first and nearly escaped in last.Pakistan was in trouble last day in start.
I'm not saying that lay strong team blindly when they bat first but we may find free lays and good trading opportunities when strong team after bad start have some recovery and then try to find good lay.We may found them again in1.0x zone at 50/3 because of market favouritism and take this as Entry Point even in slight higher odds.
2.When Strong Team Chasing Good Score In 1.1x Odds:Not going in detail just a example of last world cup match between South africa and Bangladesh in which Bangladesh batted first and scored 240+ and SA started chase at 1.1x and even after 2 or 3 wickets was in 1.1x zone because of the same reason market favouritism.
3.When Weak Team Chasing Low or Average Score and strong team odds are 1.1x:Generally in these conditions chances of trading opportunities are more than upsets.Any good over changes odds dramatically in most of the times.
4.Summary:General psychology is that if we missed 1.0x odds and then seeing some real movements what we do is either we back strong team in 1.2x odds or don't lay them.My personal experience is wait for some time than you may find 1.1x odds again to lay.Backing short odds without lay first is always risky.
I'm not trading today but follow these points and you may find
Selection,Entry Point and Exit Point In All Matches In Future Between Strong Team and Minnows (Twenty20 and Oneday's)
Good luck for today.

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