Saturday, 28 July 2012

Makes you proud to be British

I must confess that I have not exactly been gripped by Olympic fever. I have serious doubts about various aspects of the games; the ticketing system; the 'brand' police; the 'Olympic Lanes' and whether or not it would be a financial white elephant.

From a sports trading viewpoint I think it's fair to say that I will avoid all bar the football and maybe the tennis on the basis that my knowledge of most sports represented would leave room to spare if I wrote it all on the back of a postage stamp.

But.... what a spectacle the Opening Ceremony was, at least once all the Mary Poppins bit was over and done with! The entire gun household was la la la-ing to Hey Jude at the end, marvelling at how the cauldron all came together and I suppose thankful that nothing untoward took place. Even the Queen's parachute jump seemed to go off seamlessly!

Let's hope the Olympic oaths taken are upheld by the competitors and that we have a games unspoilt by politics and / or doping etc. If the competition follows a similar vein to the opening ceremony I think it will be great watching. I'll leave the trading of it to those with the required knowledge though!

Friday, 27 July 2012

Here we go again, sort of

I don't know about you but this close season seems to have really dragged. At the ripe old age of half a century I suppose I shouldn't really be wishing time away, but I am fed up with poor cards and poorer liquidity, Euro 2012 aside.

The good new is that Ligue 2 kicks off tonight and long term readers will know that I consider this to be an excellent Scatter Gun league and that the doom mongers who decry French football for its lack of goals are misguided.

A quick scan down the list of fixtures shows a set of very evenly matched sides, and although only five of the games go in play I believe there's money to be made using the SG in all these games - even if you use a 'set and forget' trade.

Good luck if you trade all or any of them..


Sunday, 22 July 2012

Who'da thought it?

What a great afternoon's trading. The final round of a Major golf championship usually offers all sorts of in-play opportunities and today was no exception.

I said in my last post that 2.50 ish was my anticipated trade out of my lay of Adam Scott, but as he went to about 2.14 after the first hole it seemed silly not to reduce my liability there and then. Sure enough, he rallied and went on to play superb golf for the rest of the afternoon until, for some inexplicable reason, he imploded on the 16th. I engaged in several minor trades, the lowlight of which was an inspired back of Snedeker just before he decided not to win! Needless to say that I spotted the golf that the Big Easy was playing when he was backable at 40 something and left it alone :-(.

I laid Scott at 1.2 and again at 1.07 - not sure why really - just seemed like a good idea and I had only about a £50 liability on him and nice greens across the rest of the field.

I honestly didn't expect to be coming out of both those lays with a decent profit, and having done so laid Ernie when Scott's ball found that tuft of grass at the side of the 16th. I was able to square that one away for a modest profit and then sat on my mouse to prevent any trades for the sake of it.

So I ended up taking a substantial three figure profit from the tournament, and was pleased that Els won - I've always admired his golf.

But I've got to say my heart truly went out to Adam Scott - he was a great competitor and I really can't imagine how he must be feeling right now. If, perchance, he reads this he might take some comfort from the fact that someone made a decent amount of money from his misery.