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crockam, a 'cash' index from a spreadbetter is not the cash index at all. It is cash in the sense that it settles at the end of the trading day rather than settling on a futures expiry date. It can't be the actual cash index since they would have no way of buying/selling the index in the market to lay off their position if necessary. In fact it is based on the closest future. You can use it to determine the direction the FTSE will follow, but not the absolute value.

kayak disagree with you ,now you can bet on a daily basis which is on a ftse daily bet using the ftse 100 index. fundy cricket looks a cert draw at this stage but 2 short at moment.

Many thanks for the comments
At one point i reckon it was 10 points adrift
Unfortunately an expensive way to learn

Cardiff now in the play off places .... oh joy , great few days :-)

It was very close Dil!

Sending off made the difference Harlosh ... nice one ref :-)

Glad I didn't trade it. Was tempted to back the draw at 1-1 but didn't.

Evening guys

After a very successful 36 hrs (for me), thought that Ipswich looked like they could always score even with 10 men, so rather rashly backed the draw at 3.50, only to watch cardiff take the lead a few minutes later. Faith was paid in full however and greened up at 1.22. Just in time lol :-)))

pth

Well done pth.

Just shows the value of greening up asap.

Too true harlosh, too true. Personally, I will always take the money and run, once the money is in the bank.

Morning all

A cracking first session for England and the ideal start to the test match (as an england fan and a trader) Hopefully we will bat well into tomorrow for a huge total.

O/T - nice to see YOO raising some funds this am

Steve, Plenty of comments on the Betfair forum about Pipex seems everybody has been having problems.

Thx scrip - will take a look

Well England undoing most of their good work losing 3 wickets sweeping the off spinner. Glad i took a bit of Pakistan in double figures, just wish id taken more!!!

morning fundy just got back in what a diffenrence a couple of hours make went out at 101-0 back in 187-4

Morning Woodie and Fundy (Sounds like a double act!)

Got one eye on the cricket but no positions yet but tempted to lay the draw. Too many wickets have gone for my liking so far. Eng seem to turn a good position into a bad one at the flick of a switch!

morning bakko iam the same as you looking to lay the draw

Woodie,

Just picked this up from Sky Sports. Just be careful if laying the draw over next few days as it doesn't look like there'll be full days play. Also beware that Pakistan will be dragging their heels as are more than happy to play for a draw to win the series.

"248-6 - The players have gone off for bad light and as this was a very clear day it's hard to see how play will continue past 1130 GMT in any of the remaining four days. If Pakistan had been up to speed with the over rate, we would only have had an additional five overs. Join me at 0500 GMT tomorrow for day two"

bakko thanks

Bak

read my pre-match assesment - i think youll find i covered that lol

Laid draw at 1.86, backed pakistan a couple of times in double figures so book looking quite good at the moment thoguh game not proceding as England would have hoped. The key for England is going to be to make good use of the new ball when they bowl and hopefully to get Inzy out cheaply