Tuesday, 25 March 2008

Celtics - Sixers

I'm not sure it's too cool to talk about the size of profits once they are over and above a certain amount, so I'll just say that I have tonight had one of my better wins on the NBA.

The game in question was the Boston Celtics v Philadelphia '76ers. Pre-game, I believe Boston were pretty short favourites, around 1.15 (give or take a point). So with 5:01 remaining, I see that the game is tied at 80. Now my thinking is that if the teams are tied with 7/8ths of the game gone, then the teams are pretty evenly matched, and the odds should be a lot closer to evens than the 1.25 / 1.3 that the Celtics were trading at. 

I took the 1.3. Mild panic sets in as I think I'm missing something - the Sixers have had a player sent-off perhaps, so I sit back ready for the Celtics to go on a late run, but happily watch the Sixers take a 5 point lead. Finally the market wakes up to the fact that the Sixers might actually really win the game, they see-saw to favourites, and I lay off locking in £200 should the Celtics come back, and significantly more if the Sixers should hold on.

They held on. And I was joking about the Sixers having a player sent-off. I'm in the mood for jokes right now!

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