India Tour of Australia 2021: Exchange Insights

First Test

Last Traded Pre-Play Prices

Australia — $1.87
India — $2.88
The Draw — $8.40

Australia were heavily favoured going into the opening Test match — a day-nighter at Adelaide Oval — and they got off to a dream start when Mitchell Starc dismissed Prithvi Shaw in the second ball of the innings to see Australia hit $1.55. That was as low as they would trade in the opening day, with India and the draw being matched at as high as $3.95 and $11.50 respectively.

India set a first innings total of 244 and the hosts made tough work of it, replying with just 191 first innings runs to have the Indians trade as favourites — as low as $2.22 — on Day 2. From there, however, it was one-way traffic, with Australia humiliating the visitors, bowling them out for a dismal 36, before making quick work of the run chase.

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Second Test

Last Traded Pre-Play Prices

Australia — $1.32
India — $8.20
The Draw — $8.80

Much was in Australia’s favour going into the second Test after a resounding opening win and with Virat Kohli absent from the Indian squad going forward. Australia elected to bat first and despite finding themselves at 38-3 and then getting dismissed for 195, the hosts never traded above $1.85 on Boxing Day.

India’s first innings got off to an awful start as Starc picked up another first over wicket, though Shubman Gill and Cheteshwar Pujara steadied the ship somewhat as a turbulent day of flucs took place. India finished the day at 277-5 after trading as high as $3.60 and as low as $1.53 and they never looked back from there as they maintained favouritism across the following two days to level the series 1-1.

Third Test

Last Traded Pre-Play Prices

Australia — $1.53
India — $5.90
The Draw — $5.70

After levelling the series in Melbourne, India again found themselves as significant underdogs going into the Sydney Test. Will Pucovski stole the headlines on Day 1 with his 62-run knock on debut as the hosts finished Day 1 at 166-2. Unsurprisingly, India drifted out to $18 on the day, with the draw out to $7.00 and Australia into $1.45 at one stage.

Big totals from Steve Smith and Marnus Labuschagne helped Australia to 338 but the Indians were steady in response, finishing Day 2 at 96-2 as the market remained relatively stable across the day. The same can’t be said for Day 3, however, as India suffered a dramatic collapse to be bowled out for 244, putting Australia $1.10 favourites with the draw trading as high as $26 on the day.

The market remained keen on the Aussies across Day 4, trading no higher than $1.42, while the draw didn’t fall below $5.00 as India finished the day at 98-2, chasing 407. A stern Indian batting performance on Day 5 saw them trade at a low of $3.35 and Australia $1.10, but India held firm with the bat to secure a draw, which was matched at as high as $13 on the final day.

Fourth Test

Last Traded Pre-Play Prices

Australia — $1.33
India — $16.50
The Draw — $5.10

With Australia needing a win against an injury-ravaged Indian team to claim the Border-Gavaskar Trophy, they were again heavily backed by the punters pre-off. Much had been made of Australia’s 32-year unbeaten run at the Gabba and after winning the toss and electing to bat, their odds were even firmer. Finishing the opening day at 274-5, Australia were matched at a low of $1.32 while the draw and India traded as high as $5.50 and $40 respectively.

Day 2 was where the draw really came into play, trading at a low of $1.90 as rain hit Woolloongabba, resulting in an early finish to play with India trailing by 307 and their price ballooning out to $15 at one stage.

Australia became the punters’ elect at a point on Day 3, with India at 186-6, but lower-order resilience saw the visitors bat out much of the day as the draw again became odds-on, getting as low as $1.21 — the lowest it would reach across the Test — while India reached their max price of $70.

An 89-run opening partnership from Australia and further rain delays again had the draw as a short $1.22 favourite, with Australia and India reaching highs of $6.80 and $38 respectively. History was just around the corner, though, as a knocked-up Indian side pulled off a miraculous final day chase to complete a riveting Test on the Exchange. Even on the final day, they traded at a high of $46, while Australia got as low as $1.56 and the draw $1.22.

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