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IPL4 bets update

27 Mar 11 17:11
In my last post I put up what I considered the fair prices for the teams in the upcoming IPL 2011 competition.

Based on those prices I then put this money into the market:

Team Offering Asking
RCB 6.4 7.8
CSK 6.8 8.6
MI 6.8 8.6
KKR 7.4 9
Pune 7.4 9
Deccan 8.8 11
Delhi 8.8 11
RR 11 14
Kochi 17 22
KXIP 44 55


So far I've not had too much interest in what are admittedly fairly wide spreads. I got my back on Pune matched early, which I'm happy about, but after a slow week I've now also had most my lays on the favourites matched too.

Most concerning I think is my lay of KKR at 7.4. I also don't like the feeling that I have liabilities against most the favourites and larger 'green' on the outsiders, even if I'm happy with the prices I've got.

This is what I've had matched so far:


Back Your Odds Your Stake Your Profit Info
Pune Warriors 9 £2.00 £16.00 Ref: 14085028087 Bet matched:07:49 22-Mar-11
Rajasthan Royals 14 £0.91 £11.83 Ref: 14085028088 Bet matched:08:19 27-Mar-11


Lay Backer's Odds Backer's Stake  Payout Liability Info
Royal Challengers Bangalore 6.4 £2.00 £10.80 Ref: 14085068975 Bet matched: 09:40 27-Mar-11
Mumbai Indians 6.8 £2.00 £11.60 Ref: 14085068973 Bet matched: 06:35 22-Mar-11
Kolkata Knight Riders 7.4 £2.00 £12.80 Ref: 14085068972 Bet matched: 10:08 27-Mar-11


This leaves my book looking like:

Chennai Super Kings £3.09
Royal Challengers Bangalore -£9.71
Mumbai Indians -£10.51
Kolkata Knight Riders -£11.71
Pune Warriors £21.09
Deccan Chargers £3.09
Delhi Daredevils £3.09
Rajasthan Royals £15.83
Kochi Tuskers Kerala £3.09
Kings XI Punjab £3.09


I'm hoping my instinct on Pune proves correct!
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