Monday, September 22, 2008

NASCAR Market Update - Cover Bet on Biffile @ 6/1


Those of you who follow my blog will know I have the following positions on the NASCAR Sprint Cup

- 10 pts win (£250) Jimmie Johnson @ 7/1 (now favourite, top priced 7/4)
- 2 pts win ( £50) Carl Edwards @ 5/1 (now second favourite, top priced 2/1) (cover bet)

With 2 DNFs for Kyle Busch, the Sprint cup now looks increasingly like a three horse race between Johnson, Edwards and Biffle (the latter who was won the first 2 races of the chase). I have therefore has a 2nd cover bet as follows:

- 2 pts win Greg Biffle @ 6/1 (2nd cover bet)

It is 25/1 bar these 3 drivers, so I my position is +£1.6K on Jimmie Johnson, level on Edwards/Biffle and -£0.35K on the 25/1 outsiders.

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