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Bakko, thanks for the advice on Fed.Im on that already but will watch it next time, well done on Serena, meanwhile heres one of my banker!

Sad news for all followers and fans of high class international football

Currently experiancing the perils of back an event under-round. Several times during the ashes the series market has been under-round but because the event is not completed yet Betfair have only settled those events that can not happen. As a result my P&L looks terrible but I have made profit, just no yet. There must be a better way to settle these markets.

Free money!

Special bets, UK, Top summer temperature. Forecast is for 29c tomorrow the last day of this market. People are laying off 1.01 at the moment so unless there is a huge spike in temperature tomorrow to over 34c your bet is safe.

I'm covered up to 97f so I should be pretty safe!

Plently available this morning, Looks like some are bailing out and offering up to 1.04 to exit their position.

Scrip

may be because it is forecast to get into the 90's today

You can easily cover yourself to 97f in the market this morning. I have an additional 10k in there all matched this morning.

I don't have the conviction that 94f won't be broken. In fact I couldn't stop myself backing 26 to 1 for a couple of quid that it would :-)

Edit - I've changed my mind and I'll risk another 4% that it will :-))

It sounds like you and I have traded then as I have been sweeping up the money on <94f and covering on >94

FWIW at 10:45 am it is already 25C / 77F on my max/min external thermometer in darkest Gloucestershire ;-)

27c just SW of Heathrow

I think the peak will come around 4pm

Panic seems to have set in on the markets, now at 1.14. The book keeps going underround as well, I am having a great time over here.

scrip what is underround?

Scrip

thanks for the heads up on this

Woodie

underround is where the total martket adds up to less than 100% so if you back every event in the right proportions you will show a profit

100% = perfect market
>100% = margin in favour of layer
<100% = margin in favour of backer

...and now <94 is coming in again - this is fun

thanks for info

Started at 1.01, went out to 1.14 and now back to 1.06.

28c and steady over here.

Appear to be quoting a max of 32C which is just under 90 on boith met office and beeb sites. Managed to take some at 1.10 and trying to get some more at 1.09

Scrip - is that you laying off at 1.07?