Shane Posted May 20, 2009 Share Posted May 20, 2009 Match 55 Sell Highest Score @ 63 @ 100K per point. Link to comment Share on other sites More sharing options...
goose Posted May 20, 2009 Author Share Posted May 20, 2009 Yes i started that market at 110-130. You have no exposure whatsoever having fully closed out your Bangalore and Deccan risk. Your p\l will drop slightly after your latest sale of Bangalore though because every trade is conservatively valued by referring to the current two-way market i.e. sales are valued using the higher number (offer) and buys are valued using the lower number (bid). However, this is only temporary, and is a reflection of the market spread (currently 1.5pts). Once the team has a final standing (e.g 50pts precisely) all is fixed and you get the money back. It's really a valuation glitch on my part. Link to comment Share on other sites More sharing options...
goose Posted May 20, 2009 Author Share Posted May 20, 2009 Match 55 Sell Highest Score @ 63 @ 100K per point. Added. Link to comment Share on other sites More sharing options...
Shane Posted May 20, 2009 Share Posted May 20, 2009 Goose, BUY WIN MARGIN DD OVER MI -10 @ 50 K Does this mean, I am Buying a MI win by 1 wicket or 10 runs? Link to comment Share on other sites More sharing options...
goose Posted May 20, 2009 Author Share Posted May 20, 2009 Goose, BUY WIN MARGIN DD OVER MI -10 @ 50 K Does this mean, I am Buying a MI win by 1 wicket or 10 runs? The market is 3-8 so you can buy at 8. Quite simply, you are betting that DD will beat MI by 8 points or more. Points Rules - 1 RUN = 1PT and 1WKT=10 PTS. Important - index can be negative. e.g DD beat MI by 5 wickets will lead to +50pts e.g DD lose by 25 runs will lead to -25pts. Link to comment Share on other sites More sharing options...
Shane Posted May 21, 2009 Share Posted May 21, 2009 Goose, SELL WIN MARGIN DD OVER MI 3 @ 50 K Link to comment Share on other sites More sharing options...
Don Sharma Posted May 21, 2009 Share Posted May 21, 2009 Please settle Chennai... Sell CHENNAI AT 74.5 in $15k per point. Link to comment Share on other sites More sharing options...
goose Posted May 21, 2009 Author Share Posted May 21, 2009 Please settle Chennai... Sell CHENNAI AT 74.5 in $15k per point. but it's 73 bid...want to trade there ? Link to comment Share on other sites More sharing options...
Don Sharma Posted May 21, 2009 Share Posted May 21, 2009 but it's 73 bid...want to trade there ? Yeah... Link to comment Share on other sites More sharing options...
Lord Posted May 21, 2009 Share Posted May 21, 2009 Buy RCB @63.5@70k sell Chennai@73@30K sell highest team score@212.5@100k Gosh! i'm screwed.anyway out of this? Link to comment Share on other sites More sharing options...
Shane Posted May 21, 2009 Share Posted May 21, 2009 Thank You Bhajji, Just cut my Losses :yay: Link to comment Share on other sites More sharing options...
Don Sharma Posted May 21, 2009 Share Posted May 21, 2009 I am still not clear about spread betting:((, some one pls explain I had bought Chennai at 56 and now I am selling it at 73.Say suppose they go all the way and win the IPL will I lose some $(i.e.100-73) or whatever I earned will be freezed?:nervous: Link to comment Share on other sites More sharing options...
goose Posted May 22, 2009 Author Share Posted May 22, 2009 Yeah... added Link to comment Share on other sites More sharing options...
goose Posted May 22, 2009 Author Share Posted May 22, 2009 Buy RCB @63.5@70k sell Chennai@73@30K sell highest team score@212.5@100k Gosh! i'm screwed.anyway out of this? All added apart from the Highest Team Score - that was 212.00 bid not 212.50 - want to trade there? Link to comment Share on other sites More sharing options...
goose Posted May 22, 2009 Author Share Posted May 22, 2009 I am still not clear about spread betting:((, some one pls explain I had bought Chennai at 56 and now I am selling it at 73.Say suppose they go all the way and win the IPL will I lose some $(i.e.100-73) or whatever I earned will be freezed?:nervous: Don - if you bought 15,000 shares in a company at 56 and then sold those shares at 76, what would your profit and loss be ? How would that profit change if after selling, the share price then went up to 100? What if it collapsed to 25? Link to comment Share on other sites More sharing options...
goose Posted May 22, 2009 Author Share Posted May 22, 2009 Gosh! i'm screwed.anyway out of this? You need Deccan to beat Chennai in the Final ! Link to comment Share on other sites More sharing options...
Shane Posted May 22, 2009 Share Posted May 22, 2009 Buy HIGHEST SCORE @ 65 @ 100k Link to comment Share on other sites More sharing options...
goose Posted May 22, 2009 Author Share Posted May 22, 2009 Buy HIGHEST SCORE @ 65 @ 100k ADDED. Link to comment Share on other sites More sharing options...
Don Sharma Posted May 22, 2009 Share Posted May 22, 2009 Don - if you bought 15' date='000 shares in a company at 56 and then sold those shares at 76, what would your profit and loss be ? How would that profit change if after selling, the share price then went up to 100? What if it collapsed to 25?[/quote'] I forgot about the end price, I thought you will void the bets and settle the money. Thx for explaining.:two_thumbs_up: Link to comment Share on other sites More sharing options...
Lord Posted May 22, 2009 Share Posted May 22, 2009 All added apart from the Highest Team Score - that was 212.00 bid not 212.50 - want to trade there? yup Sell highest team score@212@100K Link to comment Share on other sites More sharing options...
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