Category: Golf
Open Source
Continuing my theme of getting more involved in sports rather than just trading them I am headed of to Royal St’ Georges today for the final day of the open golf. I’ll be able to see what it looks like at source. I hope it doesn’t rain too much.
No mobile phones or PDA’s allowed on the course, so no greensiding possible! I’ll just have to enjoy the day.
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Open golf – Best trades
For a full list and other lists, visit the forum.
The Open has been brilliant so far. The highlight today was the hole in one by Tom Watson, amazing. When my shoulder is better I’m getting out there again to reduce my handicap. It’s inspiring to see a 61 year old holding his own against the worlds top golfers.
This is the last list now as we turn our attention to specific golfers for the remaining two days. The …
Big moves
I thought the first day of the Open Golf at Sandwich would be interesting and that’s exactly how it has proved. For a full list of movers visit the thread on the forum.
Golf has really grown on me as a trading sport and the small gap between the leader-board and oblivion creates some fantastic opportunities. With a £10 stake this is what you could have greened up for on the top movers at the end of day one. …
Open Golf – McIlroy drift continues
Now the Open championship market is firming up, I’m interested to see the drift on McIlroy is still continuing. I had factored in a bit of a drift but it’s interesting to see how strong and maintainted it is. At the moment the market and likely conditions are perfectly set up for a good trading market.
While zipping around the net I found this good preview for the championship. A good overview and some food for thought: –
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The Open Championship
Had my first really detailed look at the Open today. McIlroy has drifted a bit since my first casual glance and that makes for a much more interesting market.
I tend to have a good go at the majors unless there is a very short priced favourite, so the drift on McIlroy is welcome. The weather forecast is mixed for later in the week so that increases my interest. I will probably be heading over to Kent on Sunday so …
Final day of a busy week
Well done to Rory McIlroy who continued to rip through the US Open. Unfortunately this scuppered my trade which needs a competitive field to work. At 1.40ish this leaves only one possible strategy, to back or lay McIlroy. I reckon most people will lay McIlroy given his blow up in the US Masters. It’s a clear fact however, that the error most people make is to take past trends and extrapolate them into the future. Rather than go on gut …
Royal Ascot / Open Golf Thursday
Another good day in the bag for Royal Ascot, but I left it late today. I didn’t get a real blockbuster race till near the end of the card. I had to work much harder than yesterday and I took my foot of Betdaq, as working harder meant I couldn’t keep focus on two exchanges effectively. I did broaden my activity out on Betdaq though to other races and they worked well. So after Ascot I’m going to continue my …
US Open golf
I love the majors as they very often throw up some excellent opportunties. So while things are very busy at the moment, I will be taking time out today to open up with some positions on the US open.
The Blue Course at Congressional is longer than when previous majors were held there and the par has been reduced to 71. That is almost certaintly going to make the scoring much more competitive and the scores lower. Should be interesting.…
Record day
Phew, what a weekend that was!
We are now entering peak season for all things sports related and this weekend was a good warm up for the months ahead. It also set a new bench mark for me as the Saturday just gone turned out to be my best ever day on Betfair! Whether I can ever beat such a storming weekend is another question. When you have been going for as long as me, you need a little luck …
US Masters – The cut
It’s been an excellent Masters so far and the big mover before the cut was Jason Day who was trading at 300’s yesterday and has come into 16’s. Fortunately, I had some money on Day at 240’s, so that’s really made up the numbers at the cut. Tiger looks menacing so I have taken profits on positions and will re-appraise during the third day. I have plenty of profit to play with now. If I can’t see any new opportunities …
Tiring weekend ahead
First day of Aintree is now behind me and I can take that knowledge forward to today. I had a difficult start yesterday but ended up doing OK on the day overall in the end. I think I could have done better, but lets see what today brings. If you remember Cheltenham, you will be pleased to know that the Betdaq markets are working well at Aintree also, so bear than in mind today if you are finding the going …
Master-mind a trading winner
I actually think Phil Mickelson should be backed for the Masters, even at around 13/2, but such a short price doesn’t give us much room for manouvre in the trading stakes.
Ideally, we want higher priced players who will be in with a shout, make the cut and allow us to trade out on the Saturday.
We’ve already identified a Vijay Singh as an outsider with good course form and recent form, but there are a few others with the …
US Masters golf
First trade of the tournament is already done. When the market was formed Woods was way too short at 5’s so I laid him. His best finish this year is T10 and there is no evidence at the moment that he was anywhere near a 4/1 chance for the masters. It turned out a lot of people thought the same and he is at a much bigger price and I am out for the moment. Not very often you get …
Dubai far from a failure for Woods
OK, Woods may have flunked the last round in Dubai but it seems other ventures in Dubai worked out quite nicely, even though they didn’t!
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Dubai desert classic
Received a useful tip earlier in the week about Thomas Aiken. Six of the last seven tournaments he has finished in the top 20 and was available at 120’s. After the first round he is five under par, in second place and in to 25’s. I’ve also backed Sterne at 440 to 50’s, Martin 450 to 75 and a fair few others.
No trading out for me until they finish the second round. All I need now is a …
Westwood done good
An Englishman at the top of the world golf rankings, never thought I would say that. With the declining Woods, his 281 week reign at the top of the sport has ended and Westwood has taken over. Is there something about been a good golfer that requires you to be named after some of the equipment? I’m off to get my name changed by deed poll!
I remember his form dipping after the birth of the his first child (trading …
Ryder Cup winner already settled
Another great publicity stunt by Paddy Power who have already settled Europe as the 2010 Ryder Cup winners.
https://blog.paddypower.com/blog/index.php/2010/09/27/europe-win-the-ryder-cup-we-reckon/
They would have already known their liability so it’s effectively booked as a marketing expense. Of course they will get loads of publicity on it, such as people like me posting it on their blog! This is also something that Betfair would find difficult to do. Very imaginative folks over at PP.
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Ryder cup preview
If you are looking for an authoritative preview for this high profile event look no further than GX Magazine this month.
I’ve written a six page peice for the magazine which includes some indepth analysis of the tournament and players. Looking at the weather forecast this morning, it looks like it will be an event that won’t favour fair weather golfers, so that should make things interesting this week. Make sure you take this into account as we approach the …
Woods slumps to career worst
Woods finished on 18 over at the WCG Bridgstone in Wisconsin, his worst performance as a professional. Playing at elite level in any sport is often about state of mind and Woods is obviously struggling at the moment. I’m suprised at the prices he has been offered to win these tournaments. His lack of form since returning from his break has thrown up many quality trading opportunities.
For the full story head on over to ESPN which has a good …
Golf produces another big price winner
I am really starting to like Golf as a trading medium.
I tend to carefully model sports before getting deeply involved with them. Doing that allows me to test the up and downside limits to a strategy and that in turn allows me to know what I need to do to be successful. I tend to hunt for the downside to any strategy as that allows me to frame it at which point it clearly defines the upside for me. …
Time to sit back and enjoy
With the hard work out of the way on the Golf, it’s now time to sit back and enjoy the weekend play. With plenty of profit in the bank I can take some speculative positions without too much worry and don’t have to watch the market like a hawk. I hope the weekend produces a thrilling climax to the tournament.
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Open golf day two
Here is the list of my best backs from the open. Oosthuzien is the best having crashed in from 490 to just 14’s this morning. This means for my ‘massive’ £4.25 stake I can green up for near on £150 on just Oosthuizen. Daly touched teens early on as well. Three of these bets are on the top ten ‘odds leaderboard’ so its been a cracking start. Would have been even better if some of the shorter prices had blown …
The Open golf championship
If you want a clue as to how to trade this event, just have a look at the weather forecast for a massive clue. Changed course, competitive tournament, poor weather ahead of the cut.
I notice that after nearly winning it last year Tom Watson is priced at 300’s for something similar this year. I don’t think that is realistic, he was 1000 last year. Stewart Cink is 150, he was 800’s last year. Justin Rose is priced to be …
A busy day
I haven’t chosen a good week to get the flu, it was such a busy day today. I really only performed at a fraction of my true capacity. The football was good last night and the golf but I watched little of either. My golf position will not mature till the end of today’s round so I will have to rise on Saturday morning to close that out. Fantastic to see Tom Watson move from odds of 1000 to just …
Europa league
I am suffering from ‘man flu’ this week so it will be an early night for me.
A tricky start to Aintree left me feeling I needed an early night rather than work through the Europe league this evening, but here are some thoughts for you. This competition has provided plenty of decent opportunities this year and both ties with the English teams involved are set up nicely. Given Fulham’s performances so far in the competition you really feel the …
Woods to take indefinite break
Tiger Woods is taking an indefinite break from professional golf to tackle problems in his private life. In a statement on his website, he said he was aware of the disappointment “my infidelity” had caused to his family. “I have decided to take an indefinite break from professional golf. I need to focus my attention on being a better husband, father, and person.”
https://web.tigerwoods.com/news/article/200912117801012/news/
Anybody who trades the golf markets will know that a market with woods in it, is …
Electrifying end to the US Masters
Already green I am sat down enjoying the final day of the masters and there is some fantastic golf being played. It could be a really exciting finish if this level of play is kept up. Great stuff.
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US Masters golf – Todd Hamilton
Hamilton will always be remembered for winning the UK open at odds of 1000. In the US Masters Hamilton was also priced at 1000 and is now 60’s. Any money placed on Hamilton at those starting odds would now be worth a greened up total of 15.67 times your indivdual stake on Hamilton!!! Food for thought!
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Master the masters
While golf isn’t a main sport for me I do like to have a play around at some of the bigger tournaments. Here are a couple of hints for you.
It’s almost impossible for the favourite NOT to drift at some point during the tournament. So laying the favourite is a good strategy. Tiger woods always makes me nervous, but when you look at the game of golf you would need the favourite to have a perfect round and no …
Blast from the past
I was wading back through my archives the other day and realised I am older than I thought! I actually placed my first bet on a betting exchange on June 5th 2000. It wasn’t on Betfair but on Flutter, Betfair’s early rival. I didn’t start on Betfair till the 18th June.
On the 5th June, I had a whopping £5 bet on the FTSE up or down market. A day later on the interest rate market and my first sport …
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