Ok, so having been value betting/arbing or sometime i'm finding too many limitations to continue. This has led me to look at trading and there seems to be less limitations, but obviously it'll take more to achieve.
T20 cricket interests me as it seems to have almost limitless liquidity and volatility which i understand to be key to opportunities. I'm hoping any experienced traders of this format may be able to give me a few pointers on where to begin. So far i have been looking into strategies purely based around price movement.
I'm sure its way to simplistic but here a few i've been looking at.
- lay points for both sides on evenly matched teams to profit regardless
- Back the batting side when two batters have accumulated over 10 runs each. Look to profit on lays when the opportunity arises.
- Back/lay on overreactions to key points e.g wickets/4's/6's. and trade out.
Basically, am i taking the correct approach to T20 trading? Can i try these sort of strategies and get a feel for how the markets move and how opportunities arise? Or is it far more about research/knowledge of the game/players. Probably all T20's are not alike...
Hopefully i'm asking the right questions and thanks for any direction!
Trading T20?
I would say I am experienced trading T20 but I don't make much. I tend to trade sport around the fundamentals of the game as I enjoy following sport. Generally apart from the occasional outlier (The Hundred last year) franchise cricket is a batters game. Caveat the pitch/track when it is two paced or sticking in the surface or taking lots of turn. So in these games bear that in mind. The other scenarios it's a road or a decent surface then the bowlers will be taking a lot of tap. Trade each tournament as you go and you will see which players are in form its one big carousel of franchise players and learn the different factors. D/N possible dew. Sometimes if there has been a lot of rain/moisture then the ball will come onto the bat much better under lights later in the game. etc
I am sure it is possible to trade the overreactions and such like. In general terms work out when the trains occur. Work out when the volatility is off the scale and you will see patterns emerge.
Its great cricket trading. Enjoy the journey.
I am sure it is possible to trade the overreactions and such like. In general terms work out when the trains occur. Work out when the volatility is off the scale and you will see patterns emerge.
Its great cricket trading. Enjoy the journey.
Simple is good but you are going to have to be a lot more creative than the ideas you have listed, T20 markets are very efficient.
It’s also important to note that in order to making money ‘trading’ you still have to find value, there is simply no way around this.
It’s also important to note that in order to making money ‘trading’ you still have to find value, there is simply no way around this.
The majority of games are now market-made by sports hedge funds who have v precise models and pretty much unlimited banks to move the market where they want.
Opposing them blindly is not possible.
To compete efficiently you need feeds within 2 secs of live.
Without it, you won’t make much - and probably even then it will be far from easy, and depend on your personal work ethic/trading mentality,
Opposing them blindly is not possible.
To compete efficiently you need feeds within 2 secs of live.
Without it, you won’t make much - and probably even then it will be far from easy, and depend on your personal work ethic/trading mentality,
Ok thanks for that.
As stated it's all new to me and the strategies are really my only starting point for now. The value has always been very evident previously as its been with the bookmaker and i've not really had to have an in depth knowledge of any sport in particular. Maybe a very short term approach!
I'll do some more scanning of the forum and see if i can find some guides etc
Seems that T20 may not be the easiest place to begin my trading journey
Appreciate the advice!
As stated it's all new to me and the strategies are really my only starting point for now. The value has always been very evident previously as its been with the bookmaker and i've not really had to have an in depth knowledge of any sport in particular. Maybe a very short term approach!
I'll do some more scanning of the forum and see if i can find some guides etc
Seems that T20 may not be the easiest place to begin my trading journey
Appreciate the advice!