Posts Tagged us masters

Masters first day

As expected Tiger drifted a bit before finishing strongly. I say a bit, at level stakes he moved 200% and now he is at much shorter prices. A good opportunity to green out, he looks in good form.

If you had dutched the ‘favourites’, all under 50’s including Tiger in this case. You would have LOST 11% of your stake value at the close of day one. In contrast if you had backed those ranging from 100-500 you would have GAINED 13%. I’m a healthy all green at close of play on day one so now contemplating if I play again before the cut.

Biggest postive mover on the day, Tiger, IP moved 6%, biggest negative Mickleson, IP moved -7%.

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US Masters on the Iphone

Just downloaded the US Masters Iphone app and I must say this is superb. A lot of other sports events could take a leaf out of the US Masters book and produce a similar app. No excuse now for not keeping in touch with all aspects of the tournament. Great stuff!

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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 dropped shots and no contenders for the price to only come in. As anybody who plays golf knows, that’s virtually impossible. A good round can be destroyed At 4’s Woods is more or less the same sort of price he has been in previous circumstances but you have to wonder how he will perform in his first major since his knee problems. Ever the professional, you wouldn’t bet on Woods havingĀ  a mare. But taking an impassionate view it would be a fairy tale for him to blitz the field over four days.

Luck can play a big part in majors and one interesting aspect of stroke play golf is the cut. After two days you will lose a big chunk of the field when and how this happens can create opportunity if you back or lay the field. You often get complete outsiders coming in on the crest of a wave and this allows you to catch a big price and lay off at much smaller values. I often back 25% of the field at larger prices and hope that a big outsider has a good run at some point. If this comes early I will trade out, but often the cut will increase the chances of a profit. Even if you use tiny amounts of money backing something in the hundreds and trading off at lower prices can produce excellent results.

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