Cricket is one of the best sports for trading and the England Vs Pakistan One Day International yesterday was a great example of this.
I don’t normally trade cricket matches other then the 20/20 games and by 5pm yesterday I realised the reason why.
I sat down to trade the England match at 12.30pm and was still nowhere completing my initial trade even four hours in! Considering I was only going at this game with small stakes I felt like there were much better ways to spend four hours of my time but you can only learn that with experience.
With all the recent controversy I wasn’t even sure if I should trade the game, hence the small stakes. After a slightly dodgy start I finally managed to complete my initial trade on England once they started batting and had the all green screen that you can see below. Not a great hourly rate if you think about it but considering I am still quite new to trading cricket I am happy with it.
I took the below screenshot with England about 91-0 and looking very good. They continued to trade really low and hit 1.06. I flicked back on to sky sports at about 8pm and they were still going at it, however now Pakistan were trading at 1.06. Looks like I missed out on a great end to the game after being bored senseless during the play in the afternoon.
Pakistan took the match and with both teams trading below 1.10 it must have been hard for people not to make money on this game! It’s a prime example of why we trade rather then punt on matches like these. England’s starting price was 1.40 which is a pretty heavy odds on favourite and by trading I was guaranteed a profit either way.
I do hope the Pakistan betting scandal doesn’t affect the integrity of the sport too much and we can continue getting great trading matches like this.