Even though the match finished with one of my chosen scorelines, when trading that doesn't really matter. I say that because if you are trading seriously then you should always be looking ahead in the match and trying to predict what is going to happen next. Using that information, the idea is then to start covering-off other dangerous scorelines using the potential green that you already have. We're trading, not betting.
If any of you watched the match last night, you will have seen Spain start like a train. They were fabulous, and if anyone doubted that they are still right at the very top, then that was quickly dismissed yesterday. Fast, fluid movement and lovely to watch. Superb football.
So, sensing an early goal and that it was going to be a long night for Uruguay, I put some money on 3-0. When the first goal went in, I layed some of my red off. When the second goal was scored, I layed off a bit more. Then I scalped myself into a position where I had green on every score. The late goal by Horse of the Year winner, Luis Suarez, was an added bonus, but this does illustrate the benefit of trading, whereby it's possible to turn around a potentially losing situation into a winning one.
Football: £133.10 | Golf: £23.93 | Tennis: £33.85 Total P&L: £190.88
Football Showing 1 - 2 of 2 markets
Market Start time Settled date Profit/loss (£)
Football / Spain v Uruguay : Correct Score 16-Jun-13 23:00 17-Jun-13 00:53 58.28
Football / Mexico v Italy : Correct Score 16-Jun-13 20:00 16-Jun-13 21:53 74.82
____________________________________
Alternatively "Any Unquoted" in the "Correct Score 2 Away" market might be worth a look if there is no goal towards the end of the first half, at which point it could be worth laying with a view to trading after a couple of goals.
The Any Unquoted CS2 Away in the Nigeria game was amazingly active. This was helped, I'm sure, by the fact that the normal CS market offered little in terms of value and was closed by the 60th minute in any case!
ReplyDeleteI of course screwed it up by backing at 1.7 expecting a jet lagged Nigerian side to struggle in the early stages of the game. The intention was to let it fall a few ticks and then lay it as you suggest. That was put paid to by two early goals, and 1-5 / 1-6 came too late to avoid a chunky red for me :(
Hi Dave
ReplyDeleteI didn't get involved in the game afterall. I thought I would watch the first five minutes to see how things looked, but a goal went in very early.
After that I watched the first thirty minutes and then just switched my laptop off. I suppose you either get the feeling that trading conditions are right, or you don't.
And with another game always just around the corner, missing-out doesn't really matter.
Sorry to hear about your red. Unusual for you.