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
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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.

History Of The ICC Champions Trophy

The current ICC Champions Trophy in England and Wales is the last one ever. Before this current tournament started I was looking at the history of the competition in a bit more detail, and in doing so I’ve realised that I never knew just what a controversial history this tournament has had since its inauguration in 1998.

I always knew that the competition had had its fair share of problems over the years, but I never realised just how many controversies the soon to be defunct trophy has had in its brief history. 
The tournament was first held in 1998, and was the idea of former ICC President, Jagmohan Dalmiya, who presided over the organization from 1997 to 2000. The competition initially had a duel purpose, it was meant to raise both the profile, and money for cricket in emerging cricketing nations.

1998 – Hosted by Bangladesh

Winner – South Africa
Runners Up – West Indies

The nine test playing nations (at the time) Australia, England, New Zealand, South Africa, India, Pakistan, Zimbabwe, Sri Lanka and West Indies contested the tournament.

New Zealand beat Zimbabwe in a preliminary qualifier, they then joined the other seven nations in a straight knock out competition, which was won by South Africa, beating West Indies in the final.

There was no room for hosts Bangladesh, despite the tournament apparently existing to raise the profile of and money for cricket in emerging cricketing nations. Despite Bangladesh being an emerging cricketing nation at the time, ICC saw fit not to invite them to take part.

England weren’t too keen on competing and only sent a shadow squad. Flooding nearly caused the tournament not to have to be moved from the host city, Dhaka, which was apparently the third choice venue behind Disneyworld Florida (a well known emerging cricketing nation) and Sharjah.

At the time, the competition was known as the ICC KnockOut Trophy, or too give it it’s sponsored title, Wills International Cup.

2000 – Hosted by Kenya

Winners – New Zealand
Runners Up – India

The second tournament was opened up and this time eleven nations competed. Kenya, West Indies and Bangladesh lost pre quarter finals to India, Sri Lanka and England respectively.

The three victors then joined the already qualified Australia, New Zealand, Pakistan, South Africa and Zimbabwe in a straight knock out format, which eventually seen New Zealand win their first and only international ICC event to date.

The tournament will be remembered for low crowds, blamed on excessive ticket prices. This was widely as a missed opportunity to further promote cricket in the African regions.  

2002 – Hosted by Sri Lanka

Winner – India/Sri Lanka
Runners Up – N/A

The format changed this time, as the Netherlands were admitted to the tournament for the first time, meaning the competition was extended to twelve teams. This time it was four groups of three, with the four groups winners qualifying for a straight knock out semi-finals.

The four groups were made up of….

Group A – Australia, New Zealand, Bangladesh

Group B – India, England, Zimbabwe

Group C – South Africa, West Indies, Kenya

Group D – Sri Lanka, Pakistan, Netherlands

The tournament had to be switched from India after a tax dispute. It was also played within a few months of the world cup – opening the ICC up to the usual accusations of overkill.

The final ended up a farce as two abandoned attempts to play it meant the trophy had to be shared, despite the fact that more than 100 Overs had been bowled over the course of the two failed matches.

2004 – Hosted by England

Winners – West Indies
Runners Up – England

The format was the same as in 2002, with the one change to the competitors, the remarkable inclusion of the United States, at the expense of Netherlands. Yes, the United States of America playing cricket! If ever proof were needed that this tournament is controversial, there it is.

Anyway the four groups were made up as follows…

Group A – Australia, New Zealand, United States

Group B – West Indies, South Africa, Bangladesh

Group C – Pakistan, India, Kenya

Group D – England, Sri Lanka, Zimbabwe

England had the final won, but managed to blow it in the dark and the gloom at Lord’s, with West Indies eventually getting home with an eighth wicket partnership of 71 runs.

The final itself was a great match, but the merely masked the fact that the tournament itself wasn’t great. It was again overpriced, so crowds were low, and it was squeezed in at the end of an English summer when everybody had had their fill of cricket. Such was the lateness of the tournament, it was practically played in the Autumn, hence the finish in the dark at Lord’s on the day of the final.

2006 – Hosted by India

Winners – Australia
Runners Up – West Indies

Yet another change in format to try and revive the competition. This time it was ten nations competing, Sri Lanka, West Indies, Bangladesh and Zimbabwe played a round robin preliminary group, with the top two – Sri Lanka and West Indies – finishing first and second respectively and qualifying for the final eight.

The format was then more groups of four, playing round robin. West Indies joined Australia, India and England in Group A. While Sri Lanka were grouped with South Africa, New Zealand and Pakistan.

The top two in each group qualified for the semi-finals, that was Australia, West Indies, South Africa and New Zealand.

In the final, Australia beat West Indies by 8 wickets under the Duckworth/Lewis method. This was just the start of the latest controversy though, as Damien Martyn appeared to shove BCCI President Sharad Pawar, off the podium after receiving the trophy from him. This was after Ricky Ponting tapped him on the shoulder and gestured to him to hurry up with the presentation of the trophy. The situation was later calmed down after Ponting apologised to Pawar for his teams behaviour.

2009 – Hosted by South Africa

Winners – Australia
Runners Up – New Zealand

The format was trimmed down for the 2009 tournament. It was just the eight teams this time, with Group A consisting of Australia, India, Pakistan and West Indies. Group B seen hosts South Africa joined by New Zealand, Sri Lanka and England.

The two groups were played in round robin format, with the top two from each group competing in the semi-finals. These four were Australia, Pakistan, New Zealand and England.

Australia thrashed England by 9 wickets in one semi-final, New Zealand defeated Pakistan reasonably comfortably (5 wickets) in the second semi. Australia won the final by 6 wickets with more than 4 Overs to spare, they finished the tournament unbeaten.

The main controversy this time came in the months before and after the tournaments original scheduling in Pakistan, in 2008. For weeks before the scheduled start, top players from various competing nations voiced their safety concerns and indicated that they weren’t very keen on going.

National boards seemed to be ducking the issue, and the ICC and the organising Pakistani authorities insisted all was well, and the tournament would go ahead as planned. In the end South Africa broke ranks and decided they wouldn’t be going, this led to the inevitable postponing of the tournament a couple of days later.

The ICC then ducked the issue, and rescheduled the competition to take place in Pakistan, 12 months later. They speculatively hoped that the security situation would improve over the impending year.

The issue was finally put to bed when the Sri Lankan team touring Pakistan in early 2009, were the victims of a terrorist attack. Finally, there was no more debate, or posturing, and the ICC announced later than month that the competition would take place in South Africa.

The upcoming tournament in England, will be the last. Let’s hope it gets a good send off, and the ICC Champions Trophy can finish on a positive note.