Monday, 21 April 2008

Start Of Something Big

Since Last Post P/L: £268.53
Monthly P/L: £796.28

.
Some events come along and you know that things won't be the same again. Just as the Premier League has transformed the popularity of Darts in recent years, so to will the Indian Premier League transform the game of cricket. It's inevitable. You only had to tune in to the start of the tournament over the weekend to see that Twenty20 cricket is here to stay and that it has much more appeal to the average Joe Bloggs than the traditional Test Match or mundane 50 over equivalent. Why? That's a simple question to answer - it's just so much more exciting!
.
The Kolkata Knight Riders versus the Deccan Chargers match on Sunday was a perfect example. A dodgy pitch, top players struggling to make runs and floodlight failure all added to the drama - in short, it had it all! Below is a snapshot of Kolkata's price throughout the game with the green line their price before the start and the blue line indicating their price at the change of innings. Look at the swings! I know it's a coined phrase but this was a "traders dream". Opinions seemed to change following each ball bowled, the market was filled with money and the atmosphere at the grounds electric - fantastic stuff!


So the taste buds have been stimulated and I can't wait for the weekend. On Thursday, Darts will be the appetiser but I've already got my eyes on what promises to be another great Saturday & Sunday. With four IPL games in two days we really are being spoilt.
.
Here's a list of my latest results:
.
Rugby Union
Bath v Leicester : £61.87
.
Darts
Jenkins v Mardle : £1.06
Manley v Wade : £11.97
.
Cricket
Punjab v Chennai : £66.78
Delhi v Rajasthan : £64.40
Kolkata v Deccan : £265.31
Mumbai v Bangalore : £59.50
.

5 comments:

Anonymous said...

Hi Mark,

What strategy do you use when you trade cricket matches?

Rob

Mark Iverson said...

Hi Rob,

Unfortunately, there's no short cut to trading cricket - no one match is the same due to the different players and conditions.

Just watch as much cricket as you can and you'll start to notice trends that you can hopefully take advantage of.

All the best,

Mark

Gaylord said...

Hi Mark,

Do you fancy golf later... ??

The Betfair Loser said...

Hi Mark,

I agree with you about T20...its is the future! I don't think I could sit through a 50 over match now, it would seem so long and drawn out after T20. As for tests....forget it!!

Some amazing price movements so far in the IPL, theres big bucks to be made!!

Mark Iverson said...

Hi BFL,

Nice to hear from you :-)

The IPL is a fantastic evenet for traders - there's just so many swings. It's not for the faint hearted but if you put in the hard work I think you're right, there's plenty of money out there.

All the best,

Mark