Wednesday, October 31, 2007

Cricket Trading:Facts

Hello everyone,
Good days because no international cricket around these days means beer,food and normal work.This is the last day of this month in which we seen international cricket all in sub-continent.Home sides (asian teams) Sri Lanka,India and Pakistan lost series to their opponents.Although only Pakistan played test series also.Sri Lanka v England one-day series result was not anticipated by many.
Anyway lets come to cricket trading facts which remained intact in all series are:
One day's>Market mood was to go with Australia,Lanka and Africa with their opponents which was India,England and Pakistan respectively and in those one-day's whenever these favourite teams comes to bat first there was very good free lay and trading opportunities mainly after good start or flying start.Don't know each match detail but from my memory Australia traded at 1.4x or 1.5x after good start (first ten overs) in atleast three matches and in middle of the innings (15 to 35 overs) they drifted to 2.5+
in all or two matches.Fact remains is that whenever short odds team bat first and having good start lay them in 1.3x-1.5x zone and then sit relax because these odds generally not shorten further.This is basic of my 1st innings trade which i called as 'Predict Target Odds' so always wait for these situations.For 2nd innings trade once again there was good free lays and trading opportunities when batting team odds reached to low zone specially in high or low score chase in day/night matches.Basically the biggest fact in cricket trading is that always try to find opportunity to oppose batting team in low odds which is obviously backing bowling team at value and than book profit in parts.Lay/back plan may be different according to situation but try to make them in advance in these situations like if it is only 1st or 2nd wicket is gone than back all on batting team and may consider some top-up for eg. lay in 1.2x then back all plus some more (20%) on 1.4x after initial couple of wickets.

Another big fact is never back batting team in short odds.In this you may earn in 80% but loss in 20% will be so heavy that it may be more than the profit in 80% matches.
Good bye for now.In next post i will take Test Cricket Trading facts.
All the best.

Monday, October 29, 2007

Follow Us,Guide Us And Together We Will Beat Bookies

5th ODI P/L +£1474.8
Monthly P/L +£2904.9
Wow what a result.Not in condition to tell more but only one thing never back short odds of batting team only lay them.You may loss in 50% but cover it all in only one match.
Bye for now tomorrow i will tell you some interesting facts about cricket trading in new post.
Thanks for regular visit.

Pakistan v South Africa,5th ODI {Inplay}

4th ODI P/L -£70.4
Monthly P/L +£1430
Hello and welcome back.Ooh loss in 4th ODI for us but as our main strategy is to lay batting team in low odds works mostly I'm not too worried.
Today is 5th ODI and series score is 2-2 so it may be a cracker.
SA won the toss and elected to bat first.Score is now 21/1 in 4 overs.Odds are Pakistan 1.77 as favourites.My first inning plan by 'predict target odds' is:
SA bat first:
310 1.3x
290 1.4x
270 1.5x
250 1.7x
230 2.2x
210 2.8x
These are SA odds.Pitch is not looking 300+ so lay SA in 1.5x if comes anytime in 1st 35 overs.
Good luck

Friday, October 26, 2007

South Africa v Pakistan,4th ODI {Inplay}

South Africa 86/1 in 14 overs.
Odds SA 1.10
'Is it free lay of the month'.
................
2nd Update
Pakistan 230/9 50 overs.
Odds SA 1.49
Plan is to wait and see SA odds in 1.2x zone when comes and run rate and wickets at that time.But if it comes in 1st 5 overs due to good start lay it.Good trading opportunity will be to back SA 1.8+ if comes early after any wicket for a quick trade because target is not much more.
Good luck
...............
1st Update
Pak 65/3 19 overs.
Odds 1.47>SA
Bad start for Pakistan.This is the crucial stage of the match.

Main plan is to wait for 2nd inning as always because it is looking a low score match and i always like to see batting team in short odds in 2nd innings to lay.For 1st inning trading opportunity wait for 1.2x or 1.7x odds of SA to lay in first case and back in second case if comes.
..............
Yesterday P/L +£12.6
Monthly P/L +£1500.4

Hello and very warm welcome to our 4th ODI inplay post.Match will start at 08:30 GMT because today is friday.Pakistan leading the series 2-1 not anticipated by many.Odds are 1.85 SA as favourites.
So far in series key thing is spin bowling by Pakistan in middle overs and Saffers find it difficult to get away.
So if SA bat first consider lay them around 1.6x in 15 overs if comes at score 50/1 or 80/2.
If Pak bat first and Afridi opens try to take advantage like if flying start than lay Pakistan 1.6x if comes in 10 overs.I will update as soon as i get news on pitch and teams.
Good luck.

Thursday, October 25, 2007

India Blue v India Red,Challenger Trophy,25 October 2007 {Inplay}

Hello and welcome to our India domestic one-day tournament 1st match inplay.Not a long tournament only 3 teams which will play each other one game than 2 teams will qualify for final on the basis of points/run rate.
Today is the first match between India Blue and India Red (Don't know much about the teams as big players are not playing although read reviews at cricinfo.com and by that I'm taking them as equal teams).
Pitch report is that it is full of runs ( 270+) There will be due factor later on also all matches will be played at same ground and all are day/night.
India blue won the toss and elected to bat first.Score is 46/4 in 14 overs and odds are 1.28 India Red as favourites.

Not much opportunity at this time but if some recovery by India Blue like 80/4 then i will consider lay around 1.3x with back plan at 1.6x if comes.
It is looking a low score match and there may be good free lays/trading opportunities in 2nd inning.So main trading will be in 2nd inning as always (liquidity will be also better at that time).
Good luck to all.

Wednesday, October 24, 2007

Hottest Tip For Trading Sports

Monthly P/L +£1487.8
Traded on least matches this month since start of blog.Busy days so obviously less 'Inplay posts' also.
As i said before i reduced my stakes to make me comfortable most of the times.Biggest profit (around 800) this month came in 2nd Test match between South Africa and Pakistan.In that 'Best Free Lay Of Month' which was South Africa at 1.4x in their 2nd innings i found.Because there was no reason that it may shorten more than 1.40 till SA bat.So it was almost 90 overs free lay and eventually drifted to 1.9x in middle.
Rest is of ODI matches with loss in 2 and profit in 4 matches and net P/L of one-days is 680.5 but good thing is that loss was not more than 150 in any match.
Bad thing is that loss in those matches came because due to shortage of time i involved at death with no planning.Anyway losses has always excuses and the main thing is what we learn from them.
Coming to the main topic 'Hottest Tip' :
I nowdays applying it on all cricket matches in which i trade and that is while seeing matches live on T.V i switch off the volume means no sound (mute) and it is working well from trading point of view by:
1.Cool and comfort>it is more in crunch/tense situation in match to make plan.
2.F3 Gland>Fear,fight and flight or adrenaline effect is less without sound like when you see any wicket or four and six in match and that is going against you.
Main thing is mind is more relaxed while we are not listening crowd roar or commentators rubbish hence chances of wrong trades are decreased because you can asses situation and make better plans while trading on sports.
It has a psychological impact and i think this tip will work on all sports.Try it and then tell me results.
All the best.

Saturday, October 20, 2007

Pakistan v South Africa,2nd ODI {Inplay}

4th Update
SA 60/2 from 12 overs.
Odds Pak 1.85
I'm waiting for SA odds in low zone:1.7x for quick trade and 1.2x for free lay if comes.
................
3rd Update
Pak 265/9 in 50.0 over (Innings break)
Odds SA 1.73
Bang on target again as 1st inning plan gone well.
Now 2nd inning plan is to wait for bat/chasing team in low odds like 1.2x and wickets/run rate at that time.Good trading opportunity will be if South Africa got electric start than lay them in 1.38-1.42 in 1st 10 overs.Remember it is a day/night game so chase will be not so easy.
All the best.
................
2nd Update
Pakistan 171/3 in 36 overs.
Odds Pak 1.83
In 1st Update i advised lay Pakistan 1.82 or below now you can see after 7 overs odds are same.It is called 'free lay'.
................
1st Update
Pakistan 141/3 in 29 overs.
Odds Pak 1.82
Market predicting score 270-280 range.Lay Pak now for small and if comes in 1.7x lay some more then wait.
................
Hello and morning all.Pakistan won the toss and elected to bat first.Just a reminder it is the same venue where 1st ODI played and a day/night match.
1st Inning plan by 'Predict Target Odds' is:
Pakistan bat first
310 1.6x
290 1.8x
270 evens
250 2.6
230 3.8x
210 5.0x
so lay Pak if comes in 1.7x zone.For good trading opportunity back SA at 2.0 if comes in 1st ten overs.
Good luck

Friday, October 19, 2007

What Is Free Lay And Why It Exists:Reconstructed

Hello and welcome back.It is officially now that this blog is on cricket trading.When i started this blog i want to cover some other sports on which i sometimes trade but i found it difficult to get in at micro level like cricket,so i dropped idea to cover other sports.
I love cricket to watch and play.I likes to loft balls out of the ground and a handy medium fast bowler on club/college level. :-)
Nowdays plays less due to busy schedules.
So basically I'm a cricket lover.That's why i decided to trade only on cricket.

Now come to the main topic that what is 'Free Lays' and why it 'Exists'
Although i posted it before but i want a repost on it or a reminder post.
What Is Free Lay:
Free lay is the odds generally short which have great potential of upward move than downward move and best range is 1.2x to 1.4x zone.It may shorten but not more than 20% and may remained unchanged for a long period inplay or prematch.
For eg. any team chasing 280 in 50 over match and at some stage like 30 overs is 151/3 and odds are 1.25
Equation is:
130 runs needed in 20 overs at 6.5/over
Most of the times it looks easy but if you follow cricket it seldom happened swiftly like chasing team wins one way after 3 wickets in high chase games.like i said odds may reach to 1.1x zone but any wicket or maiden over and odds back in 1.2x zone and if 2 0r 3 quick wickets at that time then flip flop happens.
It was just a example of a oneday (50 over) game and these 'Free Lays' we may find in any form of cricket at many occasions.
Although as i said many times chances are more in high or low chase matches and most of the times it is in batting team low odds.

Take another example:
1st Innings free lays by predict target odds:
Recently played ODI series between India and Australia whenever Aussies bat first and had flying start there odds reaches in 1.3x zone simply because market mood is that they will score more than 300+ and win from here like 70/1 after 12 overs.
They won from these positions except last match (7th ODI) but there odds reached from 1.3x to 2.0+ in most matches.
So if you understand the basic that at 1.3x 'that was the lowest odds probably which market will offer' if they continue bat well from 70/1 score.
Australia scored 300+ in most of the matches but after some Hiccups or difficulty like lost wickets in middle.
I hope you understand my point.

Why Free Lay Exists:
Answer to this question is simple i think:
1.World betting market open odds for any event for *End result* what is most likely.During inplay it is also seen.
2.Large people still bet for outcome or most likely result of an event.
Because of this Willhill,Stanjames,paddypower still running.So can they offer 1.8+ on Australia when Australia and india playing at start?Definitely not.

These are two simple reasons that why free lay opportunity exists either inplay or prematch.It is up to you to find it.

P.S:
This blog is mainly on cricket but there must be 'Free Lays' opportunities in other sports like Tennis,Football or Rugby etc. also exists.If you trade on them try to find them by your experiences.
That's all for now please send your suggestions/comments on how to find Free Lays. :-)
See you tomorrow.
Good day and best of luck.

A Quick Update

Hello and sorry for no post/inplay after October 14, 2007
My busy days with work and hopefully i will post inplay posts for tomorrow's 2nd ODI Pak/SA and Twenty20 India/Aus
Thanks for regular visit.

Sunday, October 14, 2007

India v Australia,6th ODI {Inplay}

1st Update
Ausralia 311/6 49 overs
Odds Australia 1.25

courtesy odds.bestbetting.com

This is Australia price in last 3 hours.

Check it for free lay in 1.3x-1.4x zone in start.

2nd Inning plan is same as before that if india do well in start back Australia 1.8+ if comes in first 10 overs and if they continue to bat well try to find free lay in 1.3x if comes with wickets and run rate at that time.Other thing is Austrlia odds may shorten upto 1.1x if quick wickets in start and consider quick trade opportunity like lay 1.14 then back at 1.25 upto first 2 wickets.

Our 1st inning trade gone well so i will play now with low stakes unless really good free lay which is possible only if India bat well.


..........
Hello and welcome.Just log in Australia 98/2 after 15 overs.
Odds are 1.41 Aus
Laying them as it may not go below 1.36 next 15 overs.
Good luck

Saturday, October 13, 2007

England v Sri Lanka,5th ODI {Inplay}

1st Update
Sri Lanka 211 All out.
Odds England 1.59
Our plan for 1st innings by 'predict target odds' done well.I am going in a mariage party so no update after this in this match.
My only advise is to wait for bat team (England) short odds like 1.2x if comes with wickets and run rate that time to find free lay.Good trading opportunity will be back England 1.8+ for a quick trade after fall of wicket (upto 2 wickets) if comes.
Best of luck
..............
Hello on this big day when Cricket,Rugby,Football and Race (Hemilton) called as "Patriotic punt" is on way.
Cricket is my favourite sport and i believe in this theory try to give your best where you think you are better.
This month there are fewer posts than previous month.Reasons i told before and again i want to say that it is not easy to do trading daily specially when you only trades on a lengthy game (cricket) with other work.
I also noticed that this month 'inplay posts' are more than other posts such as strategy/prematch or general tradings posts because most of the times i get on at start of the match and then get off to work at end or when i think it is right time for exit point.
Also my P/L post for last 3 or 4 matches is pending.Hopefuly will post them today after match or early tomorrow.
2nd Test between South Africa and Pakistan which ended as Draw was very good for trading although i lost my 15% green on Draw in last 4 sessions.I want to post this match P/L in detail and also want to tell you what was the 'Best Free Lay' of month in that. Now back to 5th ODI.Lanka won the toss and elected to bat.Score is now 25/0 in 3 overs.Odds are Lanka 1.44
My first inning plan by 'Predict target odds' is:
310 1.2x
290 1.3x
270 1.4x
250 1.6x
230 1.8x
210 2.1x
so consider lay Lanka around 1.3x if comes in 1st innings.
*Weather:will be some rain today*
Remember it is a day/night game.
Good luck

Friday, October 12, 2007

South Africa v Pakistan,2nd Test Final Day {Inplay}

Pakistan 162/1 in 46 overs.Require another 295 in 74 overs.
Odds SA 4.0,Pak 7.4,Draw 1.44
Hello and welcome back.A classic Test match cricket this is going to be.Draw reached in 1.4x zone and SA odds drifted to 4 and overs remained 74.
New ball due in 35 overs.Well i predicted that Draw may not go below 1.5x but it gone also SA drift more than i assumed.
Anyway plan is not changed and laying draw now and hoping that it will not go below 1.40 in next 20 overs.Other option is to back SA 5+ when comes but i want to wait for more drift.
Good luck

Thursday, October 11, 2007

South Africa v Pakistan,2nd Test,4th Day,Post Tea {Inplay}

2nd Update
4th Day (Stumps)
Pakistan 108/1 require another 349 runs to win in 90 overs.
Odds South Africa 2.74,Pakistan 14.5,Draw 1.73
Well Draw in full picture now.And options for us are either back SA or lay Draw.My book on any result is good.As per plan taken SA around 2.5 and want to let it run till lunch tomorrow with bail out plan.As discussed before looking for Draw around 1.5-1.6 as good free lay.So plenty of good opportunities we may find tomorrow but for now SA at 2.74 is a good trading opportunity and if you want to play safe then wait for Draw odds in 1.5x zone tomorrow.

.................
1st Update
Pakistan 59/1 in 19 overs.Require 398 more to win in 105 overs.
Odds are SA 2.1,Pakistan 20 and Draw 2.0
Before 1st wicket SA odds reached to 1.9x zone and after wicket 1.5x
Wicket cutting bowling team odds by 0.4 approx and that was 1st wicket so next wicket may cut odds by 0.5 and if it will be Younus Khan may be SA odds cut by 0.6
Planning now is to wait for SA odds 2.4+ or Draw odds in 1.6x zone.I think Draw at 1.5x or 1.6x will be a good free lay any time because Pakistan win at that time will also come in consideration.
................
Hello and welcome back.SA 305/4d and Pakistan needs 456 to win.34 overs today and whole 5th day means minimum 124 overs play more left in this match if bad light or rain stays away.
I chosen to start new post because previous post gone lengthy and also i've closed my main position on this match.Only plan now is to play(lay) in low odds either South Africa or Draw or (fingers crossed) Pakistan if comes with minimum stakes.
Waiting for SA or Draw odds in 1.3x zone if comes from now on and wickets at that time.
Good trading opportunity will be in SA 2.4+ odds if comes today because any wicket at that time will cut their odds by 0.5
All the best.Waiting for comments/suggestions

Australia v India,5th ODI {Inplay}

Hello and welcome to our 5th ODI inplay post.India batted first and all out on 148 in 39.4 overs.Late post but when i get out from bed India was in such a bad position that no scope of trading at that time also involved in 2nd Test between South Africa and Pakistan which is going great in our way.10th wicket in India innings added 41 runs.Odds are now 1.02 Australia as favourites.
Well is their any scope in this match now for trading?I think only for those who are good green on Australia and they should consider lay them because some early wickets and there will be no opportunity to lay Aus in 1.03 again.
Those not traded on this match so far just sit and wait for situation like 30/2 or 50/3 if comes and then try to find free lay in Australia 1.0x odds.
Good luck

Wednesday, October 10, 2007

Sri Lanka v England,4th ODI,Colombo 10th October,2007 {Inplay}

Hello and welcome to 4th ODI 'Inplay' post.
Lanka won the toss and elected to bat first.Score in now 24/3 in 12 overs.Odds are England 1.65 as favourite.
Too much cricket around so difficult to follow each match.Coronary,Eyes and Brain in ascending order exhausted.Although i'm 33 but beers in night and hangover in morning makes it more difficult.So overall not feeling good.Plan is only to trade in second innings in England chase.If you are interested in 1st inning my only advise is don't back short odds of any team and wait for some recovery by Lanka and then by predict target odds trade according to plan.Remember it is a day/night game and looking a low score match so plenty of good opportunities and free lay we may find in 2nd inning.
Best of luck.
P.S:There may be no update in this match and 2nd Test today because i have to go for work any time on call.My request is please post your inplay plan/comments for this match.

Monday, October 8, 2007

South Africa v Pakistan,2nd Test {Inplay}

5th Update,Day 4 (Post Lunch)
South Africa 214/2 lead by 365 runs.
Odds are South Africa 1.9,Pakistan 50,Draw 2.12
Our lay of SA at 1.4x going great.
'Loves Test Cricket' although my biggest loss was in Test match but that was before start of this blog and reason was i defeated by weather and my stupidity by 20% and 80% each.Tell you some other day whole story of that match.
Anyway now plan is to back SA for some and than wait till declaration by South Africa.
................
4th update (08:40 GMT )
3rd Day
South Africa 357 & 28/0 (8.1 ov)
Pakistan 206
Odds SA 1.46,Pak 8.8 and Draw 4.4
Hello and welcome back.
South Africa odds in 1.4x.
Is it a free lay?
I think till they bat their odds will not go below 1.40
Waiting for your comments on this.
.............................
3rd Update
Day 2 (Stumps)
SA 357/10 (1st inning)
Pakistan 140/4
SA odds touched 11+ when Pakistan openers doing well.90 runs added for 1st wicket at good run rate.
SA at 7+ was a very good trading opportunity.Reasons are:
1.SA odds drifted mainly due to flying start by Pakistan and it is not possible to maintain 6/over run rate in Test cricket.
2.If we are backing bowling team in high odds then only couple of wickets cut their odds by half.
3.It was only 2nd day of Test match.
4.SA score 357 in 1st innings of the test match was not a bad score.
5.Draw is not common nowdays in Test cricket.
Our other trade of backing Draw 2.5+ and then lay in low also doing well.My advise is always try to 'green' on any result whenever opportunity comes and trade on daily basis in Test cricket.
Cheers
................
2nd Update post lunch,Day 2
South Africa 357 all out.
Pakistan 46/0 7 overs.
Odds SA 7.4,Pak 2.48,Draw 2.14
South Africa 7.4 is definately a value.
..............
Day 2...........
1st Update 8am BST.

SA 316/7 in 105 overs.
Odds SA 4.0,Pak 3.2,Draw 2.12
Our plan to back draw in SA 1st inning at 2.5+ working well.And the question now is to let it run or lay draw now.I think small lay of draw now and when Pakistan come to bat consider more lay of draw.Those not done any trading so far may consider back SA at these odds.Keep in mind pakistan will bat 4th inning of this test most probably.
.................
Hello and welcome back.SA won the toss and elected to bat first.Score is 12/0 in 4 overs.
Odds are SA 3.1,Pak 3.0 and Draw is 2.08
Well for test free lays are any result odds below 1.6 in 1st two days.And for good trading opportunity back draw 2.5+ if comes in SA 1st inning.
Busy in 4th ODI between India and Australia so we will avoid trading in 1st day of this test.Will update later.
Good luck

India v Australia,4th ODI {Inplay}

1st Update (Innings break)
India 291/4 50 overs
Odds India 1.94
1st inning we saw both team odds shuffling in 1.8x zone.
Plan for 2nd inning is to wait for 1.4x odds of any team with situation at that time.It is a high chase game so try to find free lay in bat team (Australia) short odds if comes after good start.
.....................
Hello,
India won the toss and elected to bat first.Score now is 88/0 in 19 overs.
Odds are Australia 1.8
Predict target odds after 1st inning:
(A)India bat first
310 1.7x
290 1.9x
270 2.2x
250 2.8x
230 3.8x
these are India odds.
So my plan is small lay of india in 1.9x whenever comes in 1st innings.As always main trading will be in 2nd innings.
Please post your target odds.All the best.

Sunday, October 7, 2007

Sri Lanka v England,3rd ODI {Inplay}

Hello and warm welcome to our 3rd ODI inplay.Very busy last week and reason i mentioned in last post.Missed 1 Test,4 One-day matches.
Today also anyhow managed for 2nd inning trading only.Which is not bad because i likes to trade mainly in 2nd innings.Lanka batted first and all out at 164.Odds are England 1.36
Pitch we all know is not easy to bat specially in flood lights.So plan is to wait for England odds below 1.25 with score,wickets at that time.Wickets are crucial because at this score Lanka can win only by bowled out England.
If early wickets then consider small backing England at 1.9+ (if only 2 wickets) for a quick trade because only few runs at this target will shorten England odds quickly.Weather is also a concern although there is reserve day tomorrow but batting conditions will change.
Anyway lets hope for the best.
Good luck.

Wednesday, October 3, 2007

Back To Pavilion

Hello,
Busy in personal & professional life mainly due to pending works which collected during Twenty20 World Cup.So sorry for lack of updates and inplays.
I'm trying to finish them as early as possible.
So no trading on cricket these days and therefor no post since 30th September,2007
Hope i will be back to trading in 1-2 days.
Bye bye
P.S:
I Got good response in mail about this tip/advise from many traders:
"Write down your lay/back or back/lay plan in advance:
It is very important eg.you layed any team for 1k in 1.22 then what you will do if odds are 1.48 or 1.16 after sometime.Don't apply mind at that time it should be very clear when you layed and follow that like machine or robot"
Some said that it is the best advise I've given so far.
All i can say is 'Never Forget We Are Traders Not Gamblers' and without advance lay/back or back/lay plan it is impossible to earn in sports trading.