Farhan Kapadwala
Farhan distrusts any betting move that has a name before it has a number. Loss cut, book set, cash out — each is a hedge, and a hedge can be worked out to the rupee. Once it is, the name stops sounding like advice and starts sounding like what it is: a trade of one set of outcomes for another.
Mid-match, two prices on screen
The question he asks first
Why did the price move? Every change on a live screen has one of two causes: something happened on the field, or somebody bet. He reads the last few balls before he reads any price, and treats a drift with nothing on the field as a record of other people's money rather than news about the match.
Mid-match, two prices on screen
What he wrote
- loss cut — the formula for the opposite bet, and a ₹1,000 back at 1.80 that becomes −₹400 on both results once the price reaches 3.00;
- market load — three ways to see where the money is going, and why that tells you about price rather than about the winner;
- the checks on the welcome pack page, where most live prices turn out to sit under the 2.00 floor.
Mid-match, two prices on screen
What he checks on every page
Both endings. Every hedge on this site is shown with the result if the team wins and the result if it loses, side by side. A hedge shown from one side only is how people talk themselves into it.
He also keeps the vocabulary honest. A move is called a loss cut on these pages only when it fixes a loss; when the same sum locks in a profit, it is called setting the book, because the reader deserves to know which of the two they are doing.
