The Wrap - 29/07/2014
Welcome to the Wrap. Still a couple of weeks out from the football season (and the LevBet trading competition) but I think we can find some money making opportunities.
A great leveraged bet
As team USA keep losing key players in the lead up to the FIBA World Cup of basketball in Spain, are they really becoming more vulnerable? Replacement talent still wildly exceeds the first choice rosters of any other team. Further, bringing in younger players with less star ego and need to hold the ball (the USA’s biggest worry if any) may help the team to gel. Watch for their odds to win the cup to drift in; they should not be challenged whatsoever until facing Spain in the semifinals.
More cricket trading
India are batting against England in day 3 of the Third Test at Southampton. After England posted a massive first innings total, India are making a hash of some very favourable conditions. However, their batting lineup is talented, deep, and a number of their first innings wickets were not a result of good bowling. Markets are quite erratic about pricing the draw. There may still be some value here.
What is your risk profile?
Have you ever bought a stock that had a 9/10 chance of going completely bust? Well that is basically what happens every time you back odds of 10-1. I dislike the adage that betting is about entertainment not money, because losing money is not entertaining to me. I like to treat punting just like any other investment but continue to benefit from the fact that it is far more entertaining, and far more satisfying getting it right. If you are betting at long odds, why not spread your funds over a large number of events, or add automated stop losses with LevBet? Trading on our private beta is a great testing ground for your betting strategies. You can set up an account here.
You can also view tutorials at
University.levbet.net
demos at
Demos.levbet.net
and previous editions of The Wrap at
news.levbet.net
And did you know that…
Kite flying is a professional sport in Thailand?
Happy punting,
LevBet team
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