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What is Jazz Cricket Trade?
The Jazz Cricket Trade is a cricket stock exchange game. Instead of
buying shares of companies, you use virtual money (Jazz points) to buy
shares of the 10 one day playing teams; Virtual Money (Jazz points)
will be provided to you by Mobilink at the time of registration by
which you buy shares of the teams. As the value of team share increases
your portfolio value increases. The aim of the game for customers will
be to make as much profit as you can by buying and selling team shares.
The first competition of the game will end with the Cricket World Cup
and at that time whoever will have the maximum portfolio value will be
the winner of the competition.
How Do I Start?
First you need to register yourself and for that you need to type “REG”
on your mobile SMS message screen and then send it to 350. The cost of
registration is Rs. 20 plus tax. On registration we will credit one
million (1,000,000/-) Jazz Points in you account by which you can start
your game.
What are Jazz points?
Jazz Points are the virtual currency of the game through which transactions will take place.
How Do I Play?
Once you are registered and you have virtual money in your account you
can start building your portfolio. You can buy and sell as many times
as you want. The aim is to maximize your portfolio value therefore you
buy shares of the team you think will win the match and in case that
team wins your portfolio value will increase otherwise it will come
down.
In order to become a top trader you
should do an active buying/selling during the live match as every over
or wicket impacts the prices of team’s share value who are in
match hence giving you opportunity to make more and more money.
How do prices of shares change?
The value of the teams’ shares varies according to their
performance and success in their international one day matches. Share
values are affected after taking different teams' stock value and
margin of victory into account. Example: if Zimbabwae play Pakistan,
both team's share values won't change significantly in case of Pakistan
winning with a narrow margin, because Pakistan is too strong for
Zimbabwae. But Zimbabwae wins the match even with a very narrow margin,
share price of Pakistan will decrease significantly and Price of
Zimbabwae share will increase quite substantially.
The price of shares also varies due
to market factor i.e. how many traders have bought them, so buying
shares early that are likely to increase in their value will always be
a good strategy because soon other traders will also buy the same
shares and your portfolio value will increase.
What is market factor?
Just like the stock market, the price of shares rise when lots of
people invest in them. The most popular shares will therefore rise in
value in proportion to how many traders buy them.
How does value of the team changes while they are playing?
During a live game, after every over, our predictor predicts the likely
outcome of the game based on the score at that time and the shares
value is adjusted as per that prediction. However, when the game
finishes, the prices will reflect the impact of actual result. It is
also important to know that the predictor starts working after the
completion of 19th of each inning and during that period (i.e. 1st to
10th over) the prices don’t change and hence the transactions are
also not allowed.
During a live game you have an option
to trade the shares; however, all the transactions will take place
after a delay of 10 minutes. Whenever a match will start, the shares
will be delayed for the course of the match.
What are the teams whose shares are available in the game?
The stocks of the top 10 one day playing countries are available in the game, i.e.
- Australia (AUS)
- Pakistan (PAK)
- New Zealand (NZ)
- Bangladesh (BAN)
- India (IND)
- Sri Lanka (SL)
- England (ENG)
- West Indies (WI)
- Zimbabwe (ZIM)
- South Africa (SA)
What are the SMS commands for the game to play?
All the SMS commands of the game should be sent to 360 and the cost of
these SMSs is only Rs. 2 plus tax. Following are the SMS commands of
the game;
- To buy shares of any particular team type the following command and send it to 360
- "buy<space>Country Name<space>amount of shares”
Example: if you want to buy 10,000 shares of Pakistan then type the following message and send it to 360.“buy PAK 10000”
- To sell shares of any team the command is
- sell<space>Country Name<space>amount of shares
- To get Latest stock prices of all the team, type "Stock" and send it to 360
- To check your own portfolio, "mystock"
- To view your rank "rank"
- For the help on SMS commands, type "help” and send it to 360
What are Daily Quiz and Promotion Codes and how do they affect the game?
Daily Quiz and Promotion Codes are two additional ways by which you can
earn the bonus Jazz Points. Everyday all the registered members receive
a question through SMS related to Cricket. Members are required to
answer that question before the 5.00 am next day. In case of correct
answer 10,000 bonus Jazz Points are awarded the member.
Members can also earn Bonus Jazz
Points through Promotion Codes. Every day a digit Promotion Code are
displayed/announced in various Mobilink Adds on TV, Radio and print
media. Members are required to send the Code to 360. In case of valid code the member will be awarded with the 50,000 bonus Jazz Points.
What are the rankings in the game and how do they change?
There is only one ranking in the game
- Overall Rank: This is based on the overall value of the portfolio
You can check your rank by sending a simple command through SMS. Just type “rank” and send it 360 (ranking will be updated on 12 noon and 12 midnight).
How do I become a top trader and how can I win prizes?
In order to become a top trader you have to adopt the right strategy to
maximize your portfolio value. There are multiple strategies on which
you can work on but the most important thing is to buy and/or sell the
shares at the right time and only a really active trader can achieve it.
- One of the strategies is to always
invest on the lower share value teams because in case they win then the
share prize will increase substantially and even in case they loose
then the loss will not be much.
- Another strategy, which requires a
care full insight about the cricket, is to invest in the higher rank
team at least a few hours before the start of the match. The first
benefit you will get when other members will invest in the same team
shares which will increase the share value. Then at the time of toss
you have to consider the strength of the team and make a short term
investment on that team, e.g. in case England is playing against
Zimbabwe and England is batting first then one can safely assume that
an early wicket will fall and hence the share price of England can fall
and Zimbabwe share price can increase in the early stages. Hence the
strategy can be to invest in Zimbabwe for short term purposes and after
getting the initial gain sell Zimbabwe on higher value and buy England
shares on lower value. Again the timings have to be correct because as
mentioned above that during live game the transaction will take place
after 10 minutes of receiving the instructions.
Please note that
the above strategies are mentioned just for explanation purpose and
Mobilink is not responsible for any loss in share value.
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