Completed Match Market On Betfair

As I have stated on this website many times before, there is plenty more to betting on cricket than just picking Team A to beat Team B, and the ‘Completed Match’ market on Betfair is a prime example of one such alternative cricket betting option.

Completed Match Market Betfair
Betfair Exchange

Completed Match Market On Betfair

For those not familiar with it, this is a market available on limited overs matches where we can bet on whether or not there will be an ‘official result’ in the match. On Betfair it is simply a ‘completed match’ market, and you bet on either the ‘Yes’ or ‘No’ outcome.

If a limited overs match is rained off without a ball bowled, it is a ‘no result.’ If the minimum amount of overs aren’t bowled to constitute a match, it is also a ‘no result.’

In both these instances, ‘No Result,’ would be the winner on the completed match market on Betfair.

How Many Overs Constitute A Match In T20?

To get an official result in a weather effected T20 match, both sides would have to face a minimum of 5 Overs each. Anything less than 5 Overs each, would be called No Result.

If one side batted for all their allocated 20 Overs, and the other team only faced 5 Overs, there would be an official result. The match would be decided on the Duckworth/Lewis method.

How Many Overs Constitute A Match In A 50 Over Match?

In order to get an official result in a 50 Over match, both sides would need to face a minimum of 20 Overs.

It could also be one side bats all 50 Overs, and the other team only bats 20 Overs. This would still constitute a match. Likewise, the result would be based on Duckworth/Lewis calculations.

As long as both sides face a minimum of 20 Overs, a 50 Over ODI match will have an official result.

Completed Match Betting Can Be Madness

The completed match market is usually benign, as cricket is played in good weather. If the sun is out, the market is dead. As there is generally an official result.

Put some rain in the air though, and this market can turn into a panic stricken, betting frenzy. It can have millions traded on it.

It seems that punters take leave of their senses. Punters just bet on what they see in front of their eyes at that precise moment. For example, rain covers being brought on to the pitch, etc.

There appears to be little thought going in to what might happen in 10 minutes time. It could stop raining, resulting in the covers coming off again. Then the game is played to a conclusion with no further interruptions.

Yes, there are plenty of shrewd punters out there checking weather radars and thinking ahead. In general though, the masses seem to bet on instinct. The sight of rain seems to trigger that instinct and send the market into hysteria. It just goes crazy, with what appears to be bonkers bets placed on it.

In India’s ICC Champions Trophy final victory over England back in 2013, the ‘No’ outcome got backed in to below 1.10. People were betting on it at odds of 1/10, and lower, it was pure madness. If you stop and think about it for a minute, the ICC were always going to pull out all the stops to get a game of some sort on…. and yet people still backed ‘No’ into sub 1/10.

Make Sure You Know The Completed Match Betting Conditions

If you are betting on this market, be sure you are aware of the playing conditions. For example, the minimum number of overs needed to be bowled by both sides to constitute a match.

Or is there a reserve day? If there is, the match has more chance of being completed. As 2 days will need to be washed out.

They will vary depending on what format of cricket it is (50 Over, T20, 40 over domestics, etc), and can vary from series to series even in the same formats, so be careful there.

If you are a new starter thinking of having a go in this particular cricket betting market, wait for a rain effected match and just play around with a minimal amount of cash and watch the market to see how it behaves.

Favouritism in this market can flip over from one side to the other numerous times during a rainy day. Events like this gives Betfair cricket traders a great chance to win big with little outlay. If we can lay at sub 1.10, or even sub 1.20, we can lay larger amounts without breaking our betting banks if things go wrong.

Cricket Betting Carnage On Betfair

Trading cricket on Betfair can be a volatile business, and yesterday’s on-off game between India and Pakistan seen absolute carnage on the betting exchanges. The market in question was the completed match market.

20 overs a side constitutes a match in this Champions Trophy, that is the minimum amount of overs both sides have to face to achieve an official result (unless a team gets bowled out in less than 20 overs).

The completed match market is where you can bet on whether there is an official result. ie, the recent washed out Champions Trophy game between Australia and New Zealand was a ‘no result,’ so in the completed match market, it would have been ‘No.’

Yesterday’s game between India and Pakistan had an official result (India won), so in the completed match market, it was ‘Yes.’

At various stages yesterday, the match looked certain to be a wash out, and at various stages it looked certain to be completed. At times the completed match market on Betfair looked to be all over the place, punters seem to get spooked very easily and panic seems to always ensue.

I can’t work out whether people are betting on what they think will happen, or how they think the market will behave, or just in blind panic.

To clarify that last statement in a bit more detail…. sometimes I might not know whether a match will be completed or not, so I won’t have a bet on it.

If the players are off the pitch for rain, the sight of a bit of blue sky, or covers coming off the wicket, will usually trigger a betting surge in the market, meaning I can back ‘Yes’ in the completed match market, and then trade out (for hopefully a nice profit) when the price plunges. And vice versa if the players are on the field and it starts to rain.

This is more what I would call cricket trading, as opposed to cricket betting.

Anyway, back to yesterday. And the screenshot below shows just how much money was traded on the ‘completed match market’ outcome.

At one stage yesterday when Pakistan were batting, during the first rain break, the ‘No’ outcome was trading down at odds on, in the belief that a large storm was heading to Birmingham later in the day.

Then after that threat had passed over with limited damage and while India batted early in their (reduced) innings, ‘Yes’ was trading at down below 1.10. Then while they were off for the final rain interruption ‘No’ was trading at sub 1.05 as shown above.

I then watched as the ‘No’ price went from under 1.05 to around 4/1 in a matter of about two minutes as the covers were removed. This wasn’t a massive surprise, the surprise was that the ‘No’ outcome had got backed down to as low as it did. It was absolute carnage.

This just goes to show the opportunities that are there to profit from trading cricket on Betfair. It can be costly if you get it wrong, but can be brilliant when you get it right. I think the trick is too lay at low prices, so if you do find yourself on the wrong side of the outcome your losses are minimal.

The screenshot above is testament to this, you would had been far better off laying 1.05. If you lay £100.00 at that price you lose a fiver. So what!

This is where we get the value. A bet at Even money in these events is pretty much a toss of a coin gamble (unless you trade straight out for a small profit), more akin to a Casino bet. Whereas a lay at odds like sub 1.10, is a calculated risk.

It’s not always the case, and every event should be judged on it’s own merits, but at least you shouldn’t go bankrupt laying at those prices….. like some people probably did yesterday.

England V New Zealand 2nd Test Betting Review

As I said in yesterday’s post (pre start of Day 5), this was one hell of a topsy turvy affair from a cricket betting perspective. From the close of play on Monday night, up until the last rights on Tuesday afternoon, I don’t know how many times England traded down at sub 1.5, and then above Even money on Betfair.

Trading cricket on Betfair can be very dangerous when the price is jumping up and down in that manner. In betting terms, it was more like the end of a closely fought ODI or T20 match, where the match favourite switches on almost every ball.

I did stupidly get involved during the kamikazi period of trading after play had finished on Day 4. I was already in a strong position at the time (about £50 green on the draw and the same on England), but I just couldn’t resist the urge to try and make a few extra quid trading a couple of ticks here and there as the price settled down at the end of play.

It worked the first time and I managed to make a couple of quid (England were trading at around 1.92-1.96 at the time), the second time I wasn’t so lucky as the England price crashed (to around 1.60) with only my lay matched.

I wasn’t overly concerned as I knew it was supposed to start raining before play started on Day 5, so I knew/hoped the price would come back – which it did very early on Tuesday morning.

I managed to get out of that hole, so to prove to myself that I will probably never learn, I did a couple more small price movement trades before the scheduled start on Day 5, and then I eventually left it.

I initially did the bulk of my trading between the end of play on Day 3, and the start of play on Day 4. I hadn’t really got involved much before then, except for a small loss, pre toss.

At the end of Day 3, England were trading at 1.30. I thought was a ridiculous price, given the weather forecast for Day 5 was showing a possible wash out.

At that moment in time, it looked like England would have to wrap the match up on Day 4, as there looked little chance of any/much play on Day 5. So that meant they would have had to bat New Zealand out of the match, declare, and then bowl the Kiwi’s out in a day – or the weather forecast for Day 5, would have to drastically improve.

With this in mind, I thought 1.30 on England was just way to short, and I just had to lay England. I couldn’t believe this price, the market didn’t seem to be factoring the Day 5 weather into the odds at all.

Either I was going mad, or the market knew something I didn’t!

Anyway, it appeared that I wasn’t going mad as the penny finally dropped, and by the time play started on Day 4, England had drifted out to 1.65 on Betfair.

I had traded out long before this (mainly due to the erratic way the market seemed to be behaving), but I was kicking myself that I didn’t follow my instincts and stay in longer to win more. Greed has done for me many times in the past, but I think this wouldn’t have been greed, it would have been a calculated risk – that turned out to be correct. I think I was definitely too over cautious here.

What makes it all the more worse, is the silly trades I then went and got involved in between the end of play on Day 4, and the start of Day 5 – where I clearly wasn’t in any way cautious, or responsible.

Anyway it all worked out well in the end and I ended up with a nice £45.81 win. I do think that I could have traded the Test match a lot better than I did at times though.

Below is a screenshot of my how my cricket trading on Betfair finished up, it was taken just before England wrapped up their victory.

New Zealand V England – 2nd Test Betting

With just Day 5 and plenty of potential rain left to come, it would be somewhat of an understatement to say this has been an up and down, topsy turvy, weather influenced event, from a cricket betting perspective.

Even now with less than an hour to go until Day 5 gets under way the betting exchange market is going crazy. In the last couple of hours alone I’ve seen England trading at 1.92-1.95, and 10 minutes later the draw is trading at 1.88-1.90, while the mainstream PayPal bookmakers have England at 8/11 and the draw at 11/10 (name your price on New Zealand).

For anyone reading this thinking why don’t you trade it then? The answer is I have done a couple of times, but that’s it for the time being, unless I see something I think to be way out of kilter. It’s just madness, as the market is all over the place. Trading a market like this at the moment, is more akin to playing Roulette.

The way I traded it this morning was to lay the draw at just under odds on first, and then lay England after, for a couple of ticks profit.

The reason I did it this way is because the market fundamentally sees an England win, and is just waiting for some good news on the weather front. Therefore the only price crash I could see coming was England getting backed in, if the weather forecast looked improved. And as I placed my draw lay first, that wouldn’t have bothered me.

Bear in mind this was two to three hours before the scheduled start of play, so there was never any real possibility of the draw price crashing. And I was always aware that the weather forecast for later in the day looks a lot better than it did this time yesterday.

This would have enabled me too sit on my draw lay (if the price had crashed), and hope/expect it to drift again as the weather cleared up later in the day (as it is expected to do so). That would be a risk, but it would have been a calculated risk.

Basically, I get the impression that the market this morning was fluctuating between two schools of thought/punters. Those betting on the current weather, and those betting on what they believe the weather will do later in the day.

Anyway, it’s just too unpredictable at the moment, we’re basically betting on the English weather, so I think I’m going to leave it alone now.

Cricket Betting Results

The first Test match of the English summer seen a nice profit landed as England beat New Zealand inside 4 days at Lord’s. The quick turn around in the direction of the match on the Saturday morning allowed me to turn a potentially losing position, into a £30.01 win.

I started off trading the Test match on Betfair before a ball had been bowled. I thought the draw looked too short around 48-36 hours before the scheduled start of play, so I started off by laying it (it was 2.44 when I placed my lay bet). This short price was obviously down to the bit of indifferent weather that was lingering over London and most of the UK in the build up to the Test match.

It’s amazing, the effect the weather can have on cricket betting in England!

Sure enough by the morning of the Test match, I was in a position to trade out for a couple of quid profit on all outcomes. Unfortunately, this is where things started to initially go wrong though.

I didn’t trade out. I thought that in the hour or so prior to the start of play, the draw would drift further out to around the 2.9 to 3.0 mark  (I believe it would have been around 3.4- 3.5 without a weather risk). It didn’t drift though, it stayed at around 2.62-2.68.

This price still offered me a profit, but I didn’t take it and I then compounded things as I then took my eye of the ball and missed the toss. This gave me a massive problem as England won it and decided to bat. This meant that the draw immediately got backed in, as the Betfair cricket betting market felt that England would probably bat for 4 or 5 sessions and take time out of the game, and with the dodgy weather in the air, increase the likelihood of a drawn match.

Had England bowled first, I believe the draw would have drifted, as the market would have expected England to bowl New Zealand out cheaply given the overhead conditions, and move the match on at a pace.

Anyway, I know found myself in the position of either having to take a hit, or sit tight and hope/expect that the match would turn. It clearly didn’t on Day 1 as play was cut short by rain, and England had batted very cautiously and slowly prior to that.

Day 2 seen an improvement as wickets started to tumble. After the two Kiwi wickets fell early in their innings, I managed to trade out for scratch and thought I had got away with things.

On Friday night I then decided to trade the draw on Betfair. I put my lay bet up, it got matched, so and I put my back bet up, and that got matched, giving me a couple of quid profit.

I did it again, only this time I placed both my back and lay bet at the same time. This was a bit lazy of me, I didn’t expect the draw to shorten, so I should have got my lay bet matched first (as I could only see the draw drifting), and only then should I have placed my back bet.

Anyway, only my back bet got matched as the draw drifted. I went to bed assuming it would come back in, and that I would get up in the morning to see a small profit on all three outcomes, but I didn’t. When I got up in the morning, the draw had drifted even further. This left me with a nice profit on the draw, but large losses on an England or New Zealand win. And I didn’t think the game would end in a draw!!

So I then decided to place a large lay of New Zealand at 3.75. I did this in the belief that that they would either lose wickets, meaning they would drift. Or they would also grind out a score over a long period of time, taking time out of the match like England did, and their price would also drift (but not as much).

My preference was a clatter of wickets, and luckily that’s what happened. I then found myself in a position to trade out for a nice all round profit. My green on England was around £46.00, so I waited until it was time for England to bat again, and then stated to reduce some of my New Zealand red (by backing them at longer odds).

I gradually reduced my potential New Zealand loss over the Saturday afternoon, and I was pleased I did after England collapsed late on in the day.

This then left me in a position to back the draw for pennies, which I did. In the end I just decided to square the bet off so I was guaranteed around £30.00 no matter what happened.

The irony of the bet was that if I hadn’t managed to get myself into such a mess trying to trade the draw, I probably wouldn’t have been so bullish with my New Zealand lay. I probably would have played it safe, and tried to just win a couple of quid to top up my cricket betting bank.

Anyway, it ended up a good start to the English Test summer. Lets hope it is the first of plenty of cricket betting wins this season.

England V New Zealand – Test Series Betting Preview

Although you could be forgiven for not noticing, the 1st Test match of the (so-called) English summer is almost upon us. Starting this Thursday, England resume battle with New Zealand, and the hosts will be looking for a somewhat better outcome than the one they got in the recent drawn Test series down in the Southern hemisphere.

In truth, England were lucky to escape with a draw in New Zealand, but on home soil it is widely expected to be a different outcome.

It is only a two Test series this time with the 1st Test played at Lord’s from 16th – 20th May, and the 2nd Test at Headingley from 24th – 28th May. These will be immediately followed by three ODI’s, and if New Zealand still have the will left to play any cricket, two T20’s at the end on June.

In the betting, the online bookmakers certainly all expect a comfortable England victory as they make the home side heavy odds on favourite for a series win, England are generally available at 1/3 to 2/5 to achieve this.

New Zealand on the other hand are far less fancied in the betting, for a series win they are available at between 9/1 and 12/1. While a drawn series is widely available at between 10/3 to 7/2.

On the playing side of things, England have to cope without the injured knee brace wearing Kevin Pietersen for the whole of the series. Pietersen is recovering from the knee injury he sustained in New Zealand, and is now also out of the Champions Trophy as well.

On the whole England should be able to get by without Pietersen, in his absence Alastair Cook is the 5/2 favourite to be the top English batsmen.

Apart from Pietersen, England are at full strength. Even Stuart Broad is claiming to finally be fully fit, lets wait and see there.

England’s batting looks a touch inexperienced without Pietersen, with Jonny Bairstow set to deputise. The batting line up now has Nick Compton, Jonny Bairstow and Joe Root in it, all players with limited Test match experience. Although Matt Prior coming in at 7, does counteract that.

New Zealand are starting to look more of a settled side (usually a good sign) these days. They are sticking with the bulk of the players that pushed England all the way in the last series earlier this year, and with Martin Guptill and Doug Bracewell pushing for recalls, competition for places seems really good in the Kiwi camp.

Guptill and Bracewell missed the England series due to injury (and not being able to force his way back in, in the case of Bracewell). All in all though, this is a good position for captain Brendon McCullum to find himself in.

As I already stated, the 1st Test starts on Thursday, and in the betting there has already been a big move on the draw – thanks to the great British weather. The draw on Betfair is currently trading at 2.56-2.58, having started out at around 3.5, and getting backed in to 2.26 earlier this week.

As is always the case when betting on cricket, always keep a close eye on the weather forecast for the dreaded rain. Rain generally plays a big part when betting on Test cricket in England, as there is quite often time taken out of a match due to it. It therefore effects the odds on the draw.

Although to counteract that, dark clouds and/or overcast conditions in England can lead to a large clattering of wickets, so beware backing the draw just on the basis of a weather forecast predicting rain!

Betting in the 1st Test again sees England as favourites, they are now at 1.86 on Betfair, and are around 8/11, 4/5 with the bookies. New Zealand are 8/1 and better with the bookies, and 13/1 on Betfair.

The draw is between 13/10 and 6/4 with the online bookmakers, while it is 2.56 on Betfair.

How To Make Money From Cricket Betting

You don’t always have to be able to predict who is going to win a Test match to win money from betting on cricket.

Betting on – or trading – Test cricket can be very profitable just from being able to predict what isn’t going to happen, as opposed to knowing what is going to happen, or who is going to win.

Sometimes it is obvious that a team isn’t going to be in a position to win a Test match, so in this instance (depending on the odds) I would/could place a lay bet against that team (I generally use this method when I’m trading cricket on Betfair).

Depending on the odds involved, I might be looking to place my lay bet and just leave it to run until the Test match concludes, or the other option is to place my lay bet with a view to trading it during the Test match.

For example, if team A is 2/1 to lay and I can only see that teams odds drifting, I would lay them. If their odds drifted, I could then back them at 3/1 or 4/1 to cover my potential loss on team A (in case they turned the Test match around and produced a comeback).

That way if team A does come back and win the Test match, I won’t lose. If team A don’t win as I expect, I pick up my winnings.

Another way of making money from Test match betting is to trade small price movements. For example, in the recent 2nd Test between South Africa and Pakistan, the South Africa price was hovering around the 1.33 to 1.38 mark for a spell of time.

Pakistan were batting and the market was looking to push out the South Africa price, but every time the South African price slightly drifted, an unplayable delivery flashed past a Pakistani edge, and the South African price came in again as the market expected a wicket to fall.

As a result of this, I just kept backing and laying. All I did was to keep backing South Africa at 1.38 for £125.00, then once my bet got matched I would place a lay bet of SA up at 1.35 for the same amount (£125.00), and after a couple of balls it would get matched. After a few trades I was about £15.00 green on South Africa (the Betfair term for winning money).

I then put some of that money on Pakistan and the Draw – just to be ultra safe – and ended up with a guaranteed win of over £12.00 on every outcome. An easy trade all done in about 15 minutes.

These are just a couple of examples of how money can be made from Test match betting. Like with all betting in general, if you are looking to try your hand at it, start off with £5.00 or £10.00 and just play around with it to try and get a feel for things first.

To open a Betfair account and claim a £25.00 free bet, please click here….

Test Match Betting – Zimbabwe V Bangladesh

How I greened up my cricket bets on the test match between Zimbabwe and Bangladesh.

I did a bit of cricket betting this week on the Zimbabwe V Bangladesh test match, currently taking place in the shadow of the IPL. Above is the screenshot I took after Day 2’s play had finished, it shows the cricket bets that I placed overnight after Day 1’s play had finished (before the start of Day 2’s play).

Sometimes when a test match – or any cricket match, for that matter – isn’t regarded as a big game (in the world of cricket betting), trading can be a bit slow. This is no bad thing though, as it opens up some nice big gaps in the market that can be exploited with a bit of patience and discipline.

In total, I did two cricket bets at the end of Day 1’s play. At the time I placed my first bets the draw was trading at 2.34 to back and 2.36 to lay. I placed my back bet of the draw at 2.36 for £125.00, and then placed my lay at 2.28 (for £125.00). I then left my computer, and when I checked back about an hour later they had both been matched.
At this stage the draw had come in to about 2.30, but I noticed that there was a massive gap in the market below 2.30. So I put a lay bet up at 2.22, and a back bet at 2.34 – again for £125.00, and I then went to bed.
I got up in the morning expecting/hoping the back bet to be matched, but not really the lay bet, I was amazed to find both had been matched.
It was my intention to have my back bet matched (at 2.34), and hopefully find in the morning that I could lay at 2.30 to 2.32. The worst case scenario I thought I might find was the price had drifted out to about 2.36, meaning a slight loss on that trade (but I would still have been in overall profit from the first trade).  
Anyway, when I did check my bets to find they had been matched, the draw was available to lay at 2.38 (a bit worse than my overnight worst case scenario , which I then did for £10.50, to level out my profit across all three outcomes.
This all means that overnight the draw traded at 2.22 when the market was quiet. It must have been a falsely low price, as it was trading at 2.36 (to back), and 2.38 (to lay), about an hour before the second day’s play got under way.
This just goes to show how a market can fluctuate greatly – and how money can still be made – when there isn’t much money in it.

Latest Ashes Betting

The news that Kevin Pietersen is now out of the series against New Zealand starting in May hasn’t really had any impact with the online bookmakers‘ odds with regard to cricket betting for the Ashes series.

In reality, it shouldn’t impact Ashes betting, as what has the New Zealand series got to do with the Ashes? In short, the answer is nothing, but we have been here before with ECB injury updates.

When news of Pietersen’s knee injury first emerged, he was only supposed to be out of the IPL. Now he is out of the New Zealand series as well.

So what next? The Ashes as well!!

Obviously the injury is worse than first thought. Are the ECB not telling us the full story? Are the medical staff getting their diagnosis wrong? Is he really a doubt for the Ashes? Because if he is, the odds will certainly change.

The problem I see here is that we have been here before. We had similar problems a few years back with Michael Vaughan, Simon Jones, Andrew Flintoff and Chris Tremlett.

More recently we have had the issues with Tim Bresnan, Graeme Swann, and I’m convinced Stuart Broad isn’t right.

ECB injury updates remind me of a train delay when you are standing on a platform needing to get somewhere. It starts off as 5 minute delay, then a 10 minute delay, and so on…. I’m sure you get the picture.

Is this a deliberate drip feed of information, designed not to give the Aussies the complete picture of the England players health? Or is this (allegedly) misdiagnosis again?

I fully understand the ECB not wanting to give the Aussies a heads up about the medical conditions of some of our better players. My fear is that I’m not convinced this is what the ECB are actually doing.

Anyway, onto the cricket betting and with regard to the odds on the Ashes, they haven’t really changed. England are still around the 2/5 to 4/9 mark for a series victory. A drawn series is still around 5/1 to 11/2. The Aussies have slightly shortened, a few weeks back they were generally 7/2 to 4/1, with a couple of bookies going 3/1. They are still in that price range, but I’ve noticed quite a few bookmakers are now offering 10/3 – as well as 3/1, 7/2 and 4/1.

When betting on cricket I feel it is worthwhile keeping an eye on markets long term. As we get closer to the Ashes, if news of the injuries to Pietersen and Swann isn’t getting better, England will almost certainly drift on Betfair and the other betting exchanges. If you know where England’s price has been sitting, it’s easier to make a judgement call as to where you think it may go to.

Test Match Betting Update

The last round of Test matches are now over, and all in all they have been fairly successful from a cricket betting perspective.

I have taken this screen shot showing my cricket trading on Betfair during the 3rd Test between New Zealand and England (if you click on it you will be able to view it better).

The screen shot was taken on Day 5 and it shows the sheer amount of times I backed and placed lay bets on all three outcomes.

Just to be clear, these are consolidated prices. What this means is that I staked a total of £300.00 on New Zealand at 1.58, and a total of £600.00 on them at 1.60, etc. This doesn’t mean I actually had £600.00 in one go at 1.60, it means when you add up all my bets placed at 1.60, they totalled £600.00.

As it happens, the £600.00 was made up of 4 x £150.00 bets, and the £300.00 was 2 x £150.00, and so on. As the screen shot shows, nearly all of my New Zealand bets were £150.00 bets.

My trading on England was nearly all done before a ball was bowled. I just placed two backs and two lays in the hours before the Test match started. In the first trade I placed my back bet at 1.77 and my lay at 1.73. And in the second bet I backed England at 1.70 and placed my lay at 1.69.

I did also have a couple of quid on them at the end of Day 1 at 16 (15/1), but it proved to be worthless.

The majority of my New Zealand trading (all the ‘odds on’ backs and lays) was done before the start of Day 5. I can’t exactly remember when I did the two draw trades, but I do know that none of these bets or lays were placed during play.

All I did in general was placed my bets when there was a few hundred pounds waiting to get matched. If there was £20K waiting to get matched, I didn’t bother attempting to place a bet.

Moving on…. and I didn’t manage to make any money from betting on the 4th Test between India and Australia, which was a bit disappointing.

I think I got caught up playing things a bit over cautious. I had guaranteed winnings coming in from the New Zealand V England Test match, and I suppose I didn’t want to risk losing that money on another bet, before I had even got the winnings in my account.

The time to move was the end of Day 2 when India were 266/8 (Australia had already been bowled out for 262 in their 1st innings). India were trading on Betfair at around 1.48-150.

I considered a bet on India, but in the end I played the over cautious card – mainly because I would have been in bed for the first session and a half of Day 3, and not in a position to react if things started to go wrong.

What I figured would happen was either the Indian tail would wag and build up a biggish lead – or that the last two Indian wickets would fall cheaply, and then they would clean up the Aussie batsmen quite quickly as well.

My reluctance was down to the possibility of Australia getting off to a good start, and me being in bed and unable to trade out of my bet. In the unlikely event of me getting up to find Australia 120/1 or without loss, my bet would have been in trouble. I didn’t think this would happen, but you never know.

And strange things can often happen in dead rubbers!

I was kicking myself about missing out on the 1.48 on India, but never mind, there will be plenty more opportunities. And as I have said before, if I had played things a bit more cautious with my cricket betting in the past, I would have won a lot more often that I did.

That’s the end of Test match betting for a few weeks now. There will be plenty more betting to come though with the Indian Premier League starting soon. I will be writing my IPL betting preview over the next couple of days.