Test Match Cricket trading is one of the most lucrative opportunities in the world, and one of the easiest to be profitable on.
You just have to know your stuff…
In this article we’re going to tell you the best Test Match Cricket trading strategies that will make you money! Knowledge is key in test match cricket trading, anticipating certain things result in big returns.
So, let’s get started…
1. Test Match Cricket Weather
Knowing what the conditions will be like heading into any Test Match is absolutely key when trading cricket. You’d be surprised how many people don’t do the correct research. More preparation will give you a significant edge.
Before thinking about anything else, do some past score research and get a feel of the ground history. This should give you an insight into what possible scores can be achieved and especially focus on what scores have been chased down in the fourth innings. The market loves history, for example; if a score of 300 has never been chased at that ground, it’ll have a big impact on the prices.
The next thing to do is really clever, but not many people do it.
About five to three days before the Test match starts, search for photos of the pitch on social media. We live in a world today where people love to show how great they are online, use this as a trading weapon in your cricket strategy.
If you can find a picture of the pitch conditions this give a huge edge when trading the market prior to the off. A green pitch could mean a big draw drift, or a seemingly flat pitch could see the favourite drift (and the draw come in). These are two simple bets that regularly effect market movement.
BBC Cricket is a good resource as they often post updates about up and coming matches.
Another huge factor for Test Match betting is the weather. You simply have to know what the forecast is, and then you have to weigh up if that forecast is accurate correct or not. This knowledge is key to understand if it’s a good idea to lay the draw or not. In most cases, markets will over react to the weather.
Let’s get stuck into that now below…
2. Observing Current Conditions
OK so you’ve done all your prep work, and now it’s time for the test match to start. Overhead conditions will play a huge part in the opening phase of the game — will the ball swing?
A swinging ball makes it difficult for batsmen, and thus the bowling side could be an excellent trade if an early wicket falls. The new ball will swing most, but not all of the time. The crucial factor here is cloud cover and moisture in the pitch/air.
Cloud cover will almost certainly mean the new ball will swing, and it’s fastest fingers first to get on the bowling team when they win the toss.
As the Test Match goes on, you should be getting a better feel for things.
Is a bowler/batsman confident? are pitch conditions changing? what about the weather?
If you can notice any of these things before the market goes, it’s worth a lot of money to you. Always be looking for these factors.
On the last two days of the match, your prep work on scores chased down comes back to the fore. Is the pitch playing as usual?
If it is, you already know what score is highly unlikely to be chased down on history. Some people operating in the market may have been lazy and didn’t do this research. Don’t be that guy. It’s a real advantage when push comes to shove.
3. Exploiting Market Overreactions
Markets overreact to everything, don’t forget that. People get caught up in the heat of the moment and take five to ten ticks shorter than they should. When something significant happens it can sometimes take up to five minutes for the market to settle, resist the urge!
Picking and choosing when to place your trade on these overreactions is key. It may be that the market is overreacting to a camera shot of dark clouds in the background. Your research pays for itself here, especially if you know it’s just a passing shower.
Draw price will crash as people think we will have a rain delay, but we may not even lose any overs if it passes quickly.See the opportunity?
More examples could be an injured player, a wicket falling, time wasting and one ball spinning out of the blue. All these things can and will cause the market to overreact. You just have to decide which of them is correct and which if them is totally incorrect and make your money on a quick trade. Number of overs lost from each day is very important to the draw price.
Remember your prep work is key here, and your knowledge of the current conditions too. Always work to know why the market is moving and what are the reasons behind that movement. Understanding the market forces enhances the chance to win…
Summary: Key Factors To Test Match Cricket Trading
Knowledge Is Power. As noted above, knowing why the market is moving is a huge key to success. If you know why the market will move, you will soon get a sense of what it overreacts to. This is the situation where you make your move.Trading off the back of that movement holds great potential. This can take months, even years, to understand fully, so be prepared to put in the hard yards.
Build A Database. If you’ve done all the hard work, getting ground stats and building a portfolio of what to expect at that ground — don’t forget or throw away that work. Keep it for the future, because there could be another match at the same time next year. You could build a huge database of every Test Cricket ground in the world, think about how much better than the average trader you will be with that in your locker. And if it grows every year, so too will your knowledge and you’ll become smarter with your decision making for trades.
Keep Trading Records. You won’t be right all the time, that’s just trading. But it’s important to note down what went wrong and why so you can work to correct it for next time. Good records should be able to tell you what your strengths and weaknesses are, and that’s a good thing — it means you can focus on your strengths going forward and avoid your weaknesses. There’s no much cricket on around the world it’s easy to pick and choose when to make a trade — always make sure everything is in your favour with good records.
Markets are ever changing on cricket, with new rules introduced or grounds changing (building new stands etc). A good example of this at the moment is Day/Night Test Cricket, this is only new so not many people will know what to expect! The key is to always keep learning as you go along, keep good records and a trading journal. But if you’re looking to get into trading Test Cricket and start with our strategies above, this will help you get off to a flying start!