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Match Abandoned
Betfair have declared this match a VOID game and have refunded all bets.
>>> The trail of my bets leading up to the start of the 2nd Test can be seen below<<<
I placed a £15 Lay on the draw between Windies and England in the second test yesterday and got matched at 2's giving a liability of £15.
My thinking is:
If the match when in-play looks likely to end in a stalemate; my Lay bet wins £14.30
CORRECTION: IF IT'S A STALEMATE/DRAW AND I DON'T TRADE MY WAY OUT; I'LL LOSE £14.30
However, if one or the other of the teams while "in-play" takes a lead, the BET price for the draw will go out, leaving me in a strong trading position to close out in-the-green.
Here's my first Lay screen:
Here's the trigger waiting to be pulled:
So, if the odds for a draw drift out, I can make a perfect trade and at least recover all stakes, but more likely make a £10.17 profit. If I stay with the draw because the Lay odds stay the same or drift in my profit will be £14.30 (15 quid less the Betfair cut)
CORRECTION: IF IT'S A STALEMATE/DRAW AND I DON'T TRADE MY WAY OUT; I'LL LOSE £14.30
Thats the idea... subject to change when things go in-play!
The first test game nearly turned into a betting fiasco. Read the sorry tale of missed trading chances and a very lucky escape with pants intact.
Remember Lay bets at Betfair can lose you a lot of money and things can ALWAYS go wrong when least expected.
I'll update this post when the game is in play.
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