Value Available On The Cricket

Discussion in 'Bulletin Board ARCHIVE' started by orsenkaht, Jul 15, 2015.

  1. orsenkaht

    orsenkaht Well-Known Member

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    England are 7/4 for the second (Lords) Test (represents a 36% chance).

    It's hard to believe that the bookies still make Australia favourites for this match after the heavy defeat at Cardiff. Haddin and Watson are both missing, and a debutant keeps wicket for Australia. Morale must surely be low in the Aussie camp - even Jason Gillespie called them "Dad's Army" before the series started. By contrast, Root is rampant for England and they have a number of match winners still to come to the party. With Pietersen consigned to history, the rancour (yes - correct spelling) has gone from the home side.

    According to the BBC Weather site (dodgy - I know) there is little chance of rain at Lords, and only two of the last fourteen tests there have ended in a draw (the last four Lords Ashes tests all produced positive results). If you're brave enough to totally discount the draw, I'd rate the Aussies' chance at no more than 50% at best, suggesting that each side should be no more than Evens if the stalemate is taken out of the equation.

    7/4 (36% chance) England therefore looks a generous price to me.
     
  2. pompey_red

    pompey_red Well-Known Member

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    how can the stalemate be taken totally out of the eqaution though?

    Id too be quite happy to back England at 7/4 however with the expectation that all 3 results are as likely as the other, so as per your math england at 36% gives me 3% extra on outcomes just as likely, this is the basic formulae but then lets look at it this way.......

    this extra 3% is more than likely to be something much higher as the draw must be lower than an equal chance (33%) based on history. weather and recent scoring rates etc so while i understand discounting the draw the likelyhood must be somewhere between the absolute zero % and 33%..... where it actually lies depends how good your bet on england is i guess.
     
  3. dreamboy3000

    dreamboy3000 Well-Known Member

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    First test I made a pretty tidy sum betting on the under/over runs market. Bookies put the runrate at around 3.3-3.5 over a set amount of overs even though both sides go closer to 4 runs an over. You can do runs in 5 over bursts but with being so short it doesn't account for a few slow batting overs, so I tend to work on 10-15 over periods.

    For example when the toss is made tomorrow in play betting will probably have runs scored in the first 15 overs at around under/over 48.5 if it's anything like the first test. Barely three runs an over. At odds of around 5/6 that are offered for these kind of bets the win bank soon rises. Definately worth keeping an eye on that market.
     
  4. orsenkaht

    orsenkaht Well-Known Member

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    It can't, totally. But what I'm saying is that if you look at the stats and the weather forecast, a draw in this test seems unlikely. There's a lot of comment around to the effect that "the Aussies will come back strong....." and so on. But to me they actually look very brittle after that first test. I give England a big chance in this match.
     
  5. I'm Spartacus

    I'm Spartacus Well-Known Member

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    Would be happier to lump on if both were playing...
     
  6. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    The Aussie fans I know are over the moon both are being dropped. I think the 2nd Test will be difficult for us, and I don't make us favourites at all.

    7/4 can stay where it is for me. Tempting though.
     
  7. dreamboy3000

    dreamboy3000 Well-Known Member

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    Easy money already. 5/6 for Australia to get at least 28 runs in the first 10 overs, which they did in just over half the time. Bookies keep the Aussie runrate under 3 and keep cashing in.
     
  8. RichK

    RichK Well-Known Member

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    Hope you're not into it too heavy orsen. Draw looking favourite to me after 1st day, England win rank outsider.
     

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