Taking Insurance

I've mentioned previously on this blog that I sometimes take outright positions to cover outcomes I don't necessarily want to happen.  The way I look at it is that I'm paying for the service of not having to endure a result that would be uncomfortable to bear.
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So to all my English friends, I'm sorry to tell you I've backed England to win the Rugby World Cup!  Even though I don't think it'll happen, with the 'Northern Hemisphere' side of the draw looking like an open contest I can't take any chances...once was enough, but twice?!?
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To be on the safe side, I've also lumped on Samoa at a big price just in case they miraculously beat Wales out of the pool ;-)
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One Small Step...

Overall, the first game covered in the NFL trading room received positive feedback.  This is encouraging and although typing when trading can be distracting, I do enjoy speaking with others when a game is on.  It makes you realise that there are other people who do this too!
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More good news is that I've managed to coax Cassini into covering another game next Sunday.  So, if you'd like to take part then click on the link at the top of this page to register.  The match in question will be the 6pm kickoff on Sunday (Buccaneers @ Vikings) which promises to be a close one so hopefully we'll do well.
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As I couldn't do this alone I'd also like to thank Cassini again for giving up his time, and it's good to see he was able to post a fantastic result on Monday night with this result.  The Raiders were leading by 13 points at half time but the Broncos surged back to unluckily fall short by just 3.  This got me thinking.  What was the biggest upset to happen in NFL history?  Now I don't have records going back to the 70's or 80's but remarkably I do recall the Broncos v Raiders match last season.  The Broncos went off 7 points favourites and ending up losing 14-59!
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With possibilities to profit on events like this each week it's now no wonder that my love for this sport is deepening - watch out Billy Walters!
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