How would you like to trade a market where you get large regular price swings every 10 minutes in the afternoon, seven days a week. A
market where all prices are set purely by supply and demand, few transaction costs, no middle men and you only pay commission if you win? Where you can freely act as a market maker and where you have direct market access and where you can create a spread for others to take?

Betfair has revolutionised the betting market and created an open platform for exchanging risk on sports events. This market is now viewed much more like a traditional financial risk market than an old fashioned betting market. Smart users have realised that there are huge opportunities on Betfair because they can buy and sell risk in much the same way they would in a normal financial market but without the burden of cost or the restricted access that is usually associated with traditional financial markets.

Click here to learn more

He's already out to 2.8 so can do it anytime.

Unlikely to shorten much in my opinion now with only a few hours to go and he's not starting until early afternoon.

Not trading the golf atm. When unable to watch the screen I would have a trailing stop in place. In this case, I'm not sure about greening at such a high price either. If Woods has a good first round you should be able to green at a better price. At least you are in a no-loss situation until you green-up.

IMHO the only advantage of greening at this sort of price so early in the contest would be to provide funds for laying off other competitors and retaining a no-loss p&l. This is not so applicable in golf as it is in e.g. football because the other players are at such long odds.

Looking at Woods' price chart, the curve is getting fairly flat now so covering at 2.82 looks like a wise move.

This is how I would trade it. No doubt others would do differently.

Thanks for your thoughts compoundup, I am definitely going to green-up b4 he starts his round as I think he is likely to win with the from he's in.

Also backed M Campbell @ 610 C Pettersson @720 & S Micheel @ 720.

Tiger seems very, very short for the Masters. He is priced pretty much at certainty and in golf nothing is certain. I'd start with a lay for sure.

Scrip

will be trading the masters but wont get heavily involved till the weekend (unless Woods drifts heavily)

with regard to Woods, i think its something like 14 consecutive strokeplay events that hes traded at odds on in a row. would rather be a backer than a layer round augusta where on pure form lines he should be at best even money imo

as far as alternatives to woods go, the 2 i quite liked at the prices were Stenson and Di Marco, tho would sway towards the without Woods market to back them

Scoreboard

http://www.masters.org/en_US/scores/index2.html

also a link to the live masters radio under "interactive" on that site for anyone trading in running

If youre in the UK you can watch coverage of Amen corner via the BBC website

http://www.sportsline.com/golf/masters/video

the above link gives live coverage of amen corner from now and also gives full live coverage an hour before it comes on the TV

Well I'm new to this business and have been having a few punts on the horses - which I know absolutely nothing about - and although starting reasonably well I started to lose so decided to have a look at the Masters.

Currently I lose if Tiger wins 'cos I've layed him at 2.8.
I've taken a relatively small punt on Ollie which I won't bother to cover but the nice one is Stenson where I backed him at 38 and have layed him at 15 - still stand to get a few bob if he wins.

All I need now is Tiger's odds to lengthen and I'll cover the loss ..... so if he starts storming I'm a loser but I would have thought he has to have at least one bad day ...... shurely :)

mg, if you laid tiger at 2.8 you are well in the money, he is at 9's currently.

Fundy, I take your point but only a few dropped shots at Augusta and you can drop well down the field. Be interesting to see how Rose gets on in the second round.

I'm green having traded out on Woods now so I will use some of the profit to lay rose. He's been here before but two good rounds at Augusta would be a surprise. Also I don't have anything to lose now.

Beginning to look like Laying Tiger was a good move, not a very good day yesterday and even worse today, although you never know. He's head and shoulders above the rest of the field most of the time, but anyone can have their day at a Major, you only have to llok historically at the no hopers who have won the Open. Personally I quite fancy Justin Rose if he can have a good round today, if not perhaps Vijay Singh.

I've always looked at the tough courses and felt that an error is more likely than an eagle so I have always had a preferance to lay strong favourites. No idea who is going to win this one! A right mixture of players in the frame at the moment. It seems they make it harder each year and turn it into a bit of a lottery.

Not very often at a Major does any one player stand out during the first two rounds, so very difficult to back a winner. I suspect though that backing Tiger more often than not would have reaped a positive P/L rather than negative. Certainly don't agree that it is a lottery, the player in the best form over 4 days will win rather than the best player over a year, although it may be the same person! I see Tiger came back strongly on the back nine, looking forward to seeing how he plays over the last two rounds. If he gets going the leaders are likely to crumble, his sheer presence on the Leaderboard applies enormous pressure, happens time and time again.

Been looking at Man U stats this week, 31 games - lost 3 - draw 3 and no 0-0 scores,
so if one had backed every game 25 wins, or laid the draw each game 28 profitable results. Laying the Correct Score 0-0 would have resulted in 31 profitable trades, but at odds around 10/15 would one have the 'balls'!

Who said laying the draw was a no no?

Take a look at this site for more Soccer Stats http://www.xscores.com click on Soccer top left.

Have a good Easter all you Odds Traders, I'm away for a few days, see-yas Tues

Actually CHartist, I just re-read my post re laying/backing the draw and I cannot believe what I wrote, think I must have been pissed or half asleep. What I meant to say was backing the draw is not a good move. I'll keep taking the pills :S

Hi ptholden, no worries we all have our off days.

Cheers....

Remarkable 'air shot' by woods on the 13th. Next time I miss the ball I'll be sure to alter the course of the club!

"I suspect though that backing Tiger more often than not would have reaped a positive P/L rather than negative"

I've only lost once when laying a strong favourite on a tough course. Tiger may win this but I've found the price of contenders nearly always drift at some point in a golf tournament. Its a bit like a 100 field horse race in running.