Spread Betting golf markets explained. Guide for spreadbetting golf market
 

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Tournament Index





In this market we will predict how a golfer will perform in relation to a selected number of his/her competitors (usually 10).

It is important to note that only these 10 players count for the bet; as a result your player does not necessarily need to win the tournament for your bet to win.

Within the Index, points are awarded as follows:

1st = 50 points, 2nd = 30 points, 3rd = 20 points, 4th = 10 points and all others = 0 points.

Example

In a typical US Tour Tournament, Phil Mickelsons prediction might be 14 - 16 in a competitive 10 man index. If you believed that Mickelson would beat the other nine men in the Index, you would bet high at 16, for the stake of your choice, in this case, 5.

If your assessment had proved correct and Mickelson finished top of the ten named players, you would have won 34 times your stake, in this case 5 per point. (50 - 16) x your stake = 34 x 5 = 170

However, if he had finished 5th or lower, he would not have been awarded any points so the same bet would have lost you 16 times your stake. (16 - 0) x your stake = 16 x 5 = -80



Leaderboard Index



In this market the bookmaker predicts how well every player will perform in the tournament. The difference between this and the main Tournament Index is that every player in the competition counts. The players within the Leaderboard Index correspond with those leading the tournament, so other players may be priced up as the tournament progresses.

For a typical Leaderboard Index, points are awarded as follows:

1st = 60 points, 2nd = 40 points, 3rd = 30 points, 4th = 25 points, 5th = 20 points, 6th = 15 points, 7th = 10 points, 8th = 5 points, all others = 0 points.

Example

Before the start of a tournament the bookie will predict Ernie Els as winning 10 - 13 points on the basis of the scoring system above.

If you fancied Els to do better than 6th (15pts) you would bet high at 13 for the stake of your choice, in this case, 5.

Had he ended up finishing 4th (25pts) you would have made 12 times your stake. (25 - 13) x Your Stake = 12 x 5 = 60



However, if he had struggled with his game and eventually missed the cut, he would have received 0pts on the Leadership Index. As a result you would have lost 13 times your stake. (13 - 0) x your stake = 13 x 5 = -65



Live Index



During the final round of most televised tournaments will offer live prices as the action unfolds. Therefore you have the opportunity to outwit our market makers as each shot is hit. The scoring system awards points as follows:

1st = 25pts, 2nd = 10pts, 3rd = 5pts, all others = 0pts

Example

In the British Open we might offer predictions for eight players in contention during the last round (live on TV). Walking off the 15th green, after a birdie to bring him within two shots of the leader, we might price Vijay Singh at 7 - 9 points. If on the 16th hole his drive went into the water and the prospect of him dropping a shot looked highly likely, we might quote him at 3 - 6.

Having watched this on TV, you might believe that the situation appears worse than it actually is, and in fact Vijay may be able to record par at the 16th. As a result you might decide to bet high at 6, for the stake of your choice, in this case, 10 a point.

If he did drop a shot at the 16th but managed to keep his composure and finish second in the tournament, he would have been awarded 10 points in our LIVE Index. As a result you would have made 4 times your stake, in this case 10 per point.

(10 - 6) x your stake = 4 x 10 = 40

However, having seen him in the water, you might have decided that he had no chance of finishing in the top two, and decided to bet low at 3.

In the scenario above, your judgement would have been incorrect and you would have lost 7 times your stake. (Singh was awarded 10 points for finishing second).

(10 - 3) x your stake = 7 x 10 = -70



Finishing Positions



For this market we predict the position a golfer will finish at the end of a tournament. We will quote a prediction for a selection of golfers that will reflect how well we think they will play. Please note that this market differs from many others we offer because you should bet high if you want your selection to do badly, and bet low if you expect him to do well. The maximum finishing position is the number of players who make the official cut in the tournament +1.

Example

We might predict that Lee Westwood will finish 22nd or 23rd in the US Masters, as a result our prediction would be 21 - 24.

If you fancied Lee to perform well you would bet low on his finishing position at 21. However, had he struggled with his driver and eventually finished 35th, you would have lost 14 times your stake, in this case 5.

(35 - 21) x your stake = 14 x 5 = -70

However, if you had decided to bet high on his finishing position you would have won 11 times your stake:

(35 - 24) x your stake = 11 x 5 = 55



Hotshots Index



This is a market based on the performance of nominated golfers. Unless stated otherwise, 25 points will be allocated for a top ten finish (including ties) with a 25 point bonus for winning the tournament.

Example

During the Masters we might offer a group of hotshots including, Jim Furyk, Davis Love, Vijay Singh and Phil Mickleson, with a prediction of 34 - 38.

If you thought these four players were going to perform well, you would bet high at 38 for the stake of your choice, in this case 5 per point.

By the end of the tournament, had Love and Singh finished lower than 10th and both Mickleson and Furyk finished in the top ten, the final result would have been 50. (25 points for each player finishing in the top ten). You would have made 12 times your stake.

(50 - 38) x your stake = 12 x 5 = 60

However, if you had decided to go low on the Hotshots Index at 34 for 5 you would have lost 16 times your stake:

(50 - 34) x your stake = 16 x 5 = -80



72 Hole Match Bets



For this bet the bookie will pick two golfers and predict who will finish higher at the end of the tournament. The result is the number of shots that one beats the other by. If either player misses the cut, both players’ halfway scores will be doubled. NB For this bet it does not matter where the golfers finish in the tournament, or how any other competitors perform.

Example

In a 72 Hole Match Bet between Colin Montgomerie and Lee Westwood. The prediction could be that Westwood would beat Montgomerie by around one shot. As a result our prediction would be 0.5 - 2.0 shots.

If you believed that Westwood would continue his good run and that Montgomerie would struggle, you would bet high at 2.0 for the stake of your choice, in this case 10 per shot.

Had your view been confirmed with Westwood beating Montgomerie by 10 shots, (Westwood 8 under par and Montgomerie 2 over) you would have made 8 times your stake.

(10 - 2.0) x your stake = 8 x 10 = 80

However, had Montgomerie returned to his imperious best and finished on 16 under par (Westwood 10 under par) you would have lost 8 times your stake.

(6.0 - -2.0) x your stake = 8 x 10 = -80



18 Hole Match Bets



A large number of 18 hole match bets are offered for each day of most tournaments. Two players are picked from the whole field and predict which golfer will win over 18 holes. A player is awarded 10 points for winning plus 3 points for each shot he wins by.

Example

Before the 1st round of a tournament we might offer an 18 Hole Match Bet between Davis Love III and Phil Mickelson. Following a recent win we might make Love III favourite, with the prediction being 2 - 5 points.

Having watched Love win the week before, you might decide to bet high at 5 for the stake of your choice, in this case 5 a point.

If Love had shot 68 and Mickelson 70, the result would have been 16. (10pts for Love winning the Match Bet plus 3 points for each shot he won by = 16pts)

As a result you would have won 11 times your stake. 16 - 5 x your stake = 11 x 5 = 55

However, had Mickelson shot a 65 and Love only managed a 69, the final result would have been -22. (10pts to Mickelson for winning the Match Bet plus 12pts for winning by 4 shots = 22). Had you gone high at 5, you would have lost 27 times your stake. (22 - -5) x your stake = 27 x 5 = -125

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