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 having 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.