I haven't in the past got involved in any of the long term markets featuring league winners or relegation candidates this early in the season. I dabbled rather successfully in the closing stages of the Premiership last season when a judicious lay of United at 1.42 was helped enormously when Everton held them to a 4-4 draw, despite looking like a losing trade as that particular game got under way. We all know what happened after that, and it's fair to say that the Premiership doesn't usually go quite that close to the wire at the top end.
Bet19 produces an interesting and well written blog. For this season he has invested a £500 bank on the long term markets surrounding the Premiership, aiming to double his investment over the course of the season. He charts his progress periodically, giving his thoughts and reasons for his actions and ponderings. A recent post caused me to question his intention of taking a loss on a particular lay he'd made after only 7 games, but what it also did was cause me to have a bit of a poke around some of these markets.
Regular readers will know that I like trading French football, so my first port of call was the Winners market for Ligue 1. The screengrab below shows the situation after just 8 games.
Marseilles currently top Ligue 1 with 19 points, PSG are second with 16 followed by Lyons with 15. And PSG can be laid for 1.39. When I laid United at 1.42 the season was 30 odd matches old. Yet here I can lay PSG for a lower price after 8 matches!
I moved on to Serie A. Juve and Napoli neck and neck after 7 matches, Juve 1.6 to lay. Anderlecht odds on in the Jupiler league market, currently lying third and a few points off the pace.
These are the standouts, and I must admit to having nowhere near the depth of knowledge about any of these clubs or leagues that I have of the Premiership. But surely these prices are immensely layable, not necessarily as a straight bet but as a longer term trade.
I haven't placed any lay bets as yet as at the moment I don't feel I understand sufficiently the dynamics of these markets, and some of the lesser leagues suffer from poor liquidity, but my interest has been aroused and I shall be looking at them again over the coming weeks. My experience of English football suggests that Christmas is really the earliest that one can take a truly objective view of league tables, and I wonder whether that is the case with some of these other leagues.
It would be interesting to hear from readers who have greater experience of these markets - I wonder if any of them also think these prices are too low too early?