Power of the Indian punter

T20, IPL, Test matches or the Ashes, discuss it here.
Post Reply
burdo77
Posts: 351
Joined: Sun Jun 09, 2013 4:13 am

I could't help to notice how much more value there is in an match involving India, which can further light on liquidity in cricket games.
Today New Zealand beat India, however earlier on in the match New Zealand were 2/178 on the 33rd over and trading at 1.75, such prices are ridiculous considering they beat India last week and they were projected to reach a score of 300 or more.
User avatar
megarain
Posts: 2040
Joined: Thu May 16, 2013 1:26 pm
Contact:

Betfair is a peanut, compared to the depth of the Indian markets .. like 1/100th ..

Indians love to bet on ckt, and have definate tendencies, which can influence mkt behaviour.

If u watch long enough, u will spot some, and maybe find some wining strategies.
burdo77
Posts: 351
Joined: Sun Jun 09, 2013 4:13 am

LOL, I posted this like a year ago and i got my first reply.

For that matter the english are just as bad, i backed india at 1.97 last night.
User avatar
megarain
Posts: 2040
Joined: Thu May 16, 2013 1:26 pm
Contact:

It's possible India have given up on Test Ckt .. Or at least, their players are now becoming moulded into ODI/T20 specialists, as that's where the money is.

As bad as they were in the tests, England were as bad in the ODI.

I like Roy's inclusion in the T20 team .. And would like to back Eng today, but, 2.20 doesn't seem quite big enough.

Would take 2.3 or so.
burdo77
Posts: 351
Joined: Sun Jun 09, 2013 4:13 am

I think England and India are the two most overvalued teams in cricket.
User avatar
megarain
Posts: 2040
Joined: Thu May 16, 2013 1:26 pm
Contact:

I am not disagreeing .. But values in what sense ?

India run multiple dedicated cricket channels, 24/7 .. They are not doing this for fun, advertisers pay the big bucks, cos it's what the nation wants to watch.

England normally get pretty full grounds, despite charging the absolute earth .. Went to the ODI final, between Aus and S.Africa in Zimbabwe yesterday .. Cost £1.


It's hard to put value on stuff .. Generally the market sorts it out.
burdo77
Posts: 351
Joined: Sun Jun 09, 2013 4:13 am

Ok, let's take a game between Nz v India and Eng v India. Do u think if Both nz and eng were 2/100 after twenty overs, do u think they would be the same price?
User avatar
megarain
Posts: 2040
Joined: Thu May 16, 2013 1:26 pm
Contact:

I am not really sure what u are trying to argue.

The indian mkt is skewed, sure, but its skewed in mutiple ways, and then biased by views of a couple of v large traders (Mr Lumpy).

I am not disagreeing with u .. there are definate points, where the price is 'wrong', and needs to be backed/laid .. but, in doing so, u have to be prepared to hold the position for a decent amount of time.

Normally, the mkt, stays 'wrong' for quite a while.
Post Reply

Return to “Betfair Cricket trading”