every two years the golf world lights up with the Ryder Cup it makes for an
excellent trading tournament but it trades very differently from other
traditional golf tournaments so if you're interested in learning how to
trade the Ryder Cup and watch the rest of this video please like and comment on
the video below that will allow me to produce better quality videos and more
of them in the future if you're interested in learning to trade
successfully in sports then why not visit the bet angel' Academy where we
have more detailed videos so it's the Ryder Cup and the Ryder Cup is very
different from other golf tournaments in that the most of them may work all of
the majors actually that you see are stroke play tournaments so this
basically means that the players have to over the course of four days have to get
round the course in the fewest number of strokes possible and that's how most
golf tournaments are played out most if you're not into golf most of the stuff
they see televised would have been a stroke play tournament as they say in
golfing terms whereas where the Ryder Cup is different is it's a match play
tournament so a match play tournament is where on each individual game that takes
place you're battling to win a home how do you win a whole one you basically
complete so see we've got a par 4 or a par 5 it's probably a better example
you're trying to win that hole against your opponent you're trying to actually
complete that individual hole in less shots than your opponent if you do you
get awarded at a point but if you both end up getting the same score then the
hole is halfed so in Ryder Cup golf it's a bit like a football match you can have
team a winning team B or you can get a tie as they would say as opposed to a
draw but basically that the point would be haft
at that particular point so when you're playing stroke play golf you're playing
over the course of 18 holes typically on a major over four days you're trying to
get the lowest score possible over those four days but when you're playing match
play golf it's all about getting the lowest score on one individual hole if
you do that you get awarded a point but if you get the same score as your
opponent you get a half and on the Ryder Cup those points are allocated between
European players and American players so the Ryder Cup is different also in
terms of in the golf world you do have match play tournaments there are match
play tournaments that take place all the time so the players set off they go
round the course and they're looking to win holes against each other and then
basically they will continue that until it's impossible for one player to win or
perhaps they could actually end up haft overall and then the match will continue
until we find a winner so yeah you know the concepts very different and
therefore the style of play is very different probably the best way for me
to sort of paraphrase this is it's a sort of a t20 for golf effectively it
makes go for a bit more exciting because you have to go for the shots so as
you're going round the course you know you may end up in a situation where you
just sort of think well you know what I can't win this hole so I'll just give it
to my opponent and very often what you'll see is on the putting green at a
match play tournament you may actually find somebody conceding a hole because
somebody's landed the ball this far they're already a shot behind and it's
pretty obvious they're going to get the putt definitely in one am at least in
two so they may just give it away so you may not see people putting out at the
Ryder Cup simply because they've definitely won or lost a hole and they
may just concede it now so yeah it's very different but also think about the
way that the tournament is played when you play a major and you're playing a
stroke play tournament what's happening is you're trying not to make mistakes
you're trying to get round in the we're making the fewest number of mistakes and
hopefully picking up a shot here or there it's sort of like the Test match
equivalent of cricket so you know you're defending most of the time and you're
playing defensively or as in the Ryder Cup and in stroke play tournaments
there's a huge incentive to go for a shot so say you know your whole round at
some point and there's not many holes left then you're probably going to try a
few of those trickier shots or do something a bit special in order to try
and pick up a point or two and also throw into the mix as well that what
we're doing here is we're playing Europe via the USA and each one of those
individual matches can contribute to the score so one of the characteristics of
the Ryder Cup is that messages are flying backwards and forwards and just
saying look we've lost this particular competition you need to go for it and
try and get this point so that really liven things up in terms of
the activity that you see not only in the Gulf match itself but in the
underlying market that you're likely to trade on Betfair or any other betting
exchange it's very different from your traditional strug play tournament so
where the Ryder Cup is different as well is that in traditional match play
tournaments they'll be player against player going off to try and win their
individual match by winning as many houses they can against their opponent
but in the Ryder Cup you actually have different formats mixed up with in there
as well so they set up to different teams and then those teams can play you
know it may be that a player doesn't play in the first part of the tour but
plays in the singles a bit later on but basically you'll have different formats
within the Ryder Cup as well so you get the foursomes which is basically where
two players from each team go together in a group before hence the name but
what they actually do is they hit alternative shots so basically one
player will go up and tee off and then on the fairway the other player will
play the next shot and that happens on both teams so they alternate so
basically if your colleague gets you in trouble you're going to have to dig
yourself out of that trouble and vice versa but basically you end up playing
alternative shots throughout the rest of that particular match now you also have
the four ball as well which again as the name suggests there are four players but
basically have your own individual ball you play that particular hole and then
the person that gets the best score is the one that goes up against the
opponents so it's a slightly more forgiving format rather than having to
hit your opponent's ball and you don't know what's going to happen you know you
could have an absolute shocker but your colleague within the same team has a
blinder and it's his score that will count towards that particular hole so
yeah those those two are very different from what you would have seen in
traditional golf and it makes it a bit more exciting and a bit more variable as
well and then typically on the last day you have the singles which is where the
players play against each other and the captains of each team will strategically
select players to go against other players on the other side and then they
just go head to head basically to try and win their
individual matches and they could win their individual match or they could
actually have it but basically what you'll tend to find on that last day in
the singles is where the overall tournament is won or lost but it can
also throw up some unusual things as well so you know do you throw in a
really really good player against another really good player or do you
sort of mismatch it and just strategically try and win points at
certain parts of the day on certain parts of the course so yeah you get
three different formats of match play in the Ryder Cup so how does the market
trade overall what are the characteristics the market and what
should we be looking to do when you're actively trading the Ryder Cup overall
we would expect the volume to probably I would estimate it to be around twelve
million across all those markets it's going to be somewhere between ten and
fifteen is is my feel for the sort of liquidity that we should see although
the total matched volume as I've said volume is not liquidity in previous
videos so total match volume ten to fifteen million probably around
two-thirds of that you know somewhere between half and two-thirds will go on
the outright winner market so you can bet or trade Europe the USA or the time
so think of the Thai like the draw in a football match you know if one team
starts to pull away from the other then obviously the price is going to drift
but if it gets very tight and maybe you'll see the price of the tie the draw
starts to come in a little so you know those are the three print options and
that's quite a big trading market that is the biggest trading market below that
however you get the match odds market which will be the four walls the
foursomes or the singles where you have you know a group a against Group B and
the Thai or a whole to be haft and those generate a lot of liquidity as
well so they will generate probably four to five million over the course of the
tournament and then you look at all of the other small markets they account for
loads of little bits here and there but predominantly it will be the Arab winner
market and the individual match are markets that account for the bulk of the
liquidity that is going to be traded during the Ryder Cup
if we look at the individual sections you know you've got the foursomes the
four balls and the singles interestingly enough although maybe not surprisingly
they all trade similar amounts of money at the last couple of Ryder Cups you're
looking at about a million and a half per those individual groupings so
despite the fact that there are more players per group in the four walls and
the foursomes they overall trade about the same in total as you'd expect on the
single so what that's telling you is that in the individual singles matches
will be slightly lower liquidity than the four balls and the foursomes but
also think about the way that individual matches play out so it's not impossible
that if you're looking at a singles match that one player may be dominant
against another and therefore what you'll probably find is that when we
look at the singles matches you may have the odd match where the winner is known
fairly quickly and therefore nothing really happens within the market however
if you look at the four balls that tends to be the most varied that tends to be
where the player going for a particular shot is much more likely and therefore
him getting that shot and shifting the odds dramatically introduces the most
amount of variability so you know typically I quite like the four balls
because if you look at historical data I went through the last three Ryder Cups
and we're looking at the sort of late 80s sort of early 90s on some occasions
of matches where more than two selections traded below odds on so
basically what they're saying to you is when a team gets into the lead it
probably makes sense to lay them at low odds in the anticipation that the other
team will come back into the match at some point that works particularly well
on four balls the average price of a team trading heavier than odds on but
not going on to win was about 1.6 and that occurred very frequently when we're
looking at the four balls if we look at the foursomes that's a little bit lower
because the structure of the foursomes is different and they have different
incentives to score there and therefore it becomes slightly less variable but
still you're looking at about sort of 70s mid 70s
participants in that market trading at odds on and when they do trade odds on
there probably be a little bit lower because it will be more certain
so yeah the foursomes you're looking at mid seventies in terms of opponents
trading odds on and they're going to reach a slightly shorter price when that
occurs because it's likely to be more certain and at the bottom of the list we
get to the singles on the last day because we're talking about the group
effort of singles we're not talking about a strategic play here they're just
trying to win so as a consequence you're about two-thirds of those will trades
odds on and still go on to lose but the price at which that occurs will be a
little bit lower so can you see there's a sort of gradual sliding scale in terms
of the chance of players and/or match as trading odds on and the price at which
they reach because it's going to be more certain for example in the singles that
a player will take the lead and managed to hold on to it but look at the
incentive on each of these the incentive to score or to try and go for an amazing
shot varies across individual markets and individual groupings so when you
look at the singles you know if a player is desperately in trouble then he could
lose the hole or he may just go for a wild shot and he never know he may just
bag that eagle or perhaps even an albatross or something by playing that
crazy shot if he's got nothing to lose and he's about to lose the hole why not
to go for it but when you look back up and you look at for example the four
balls you may find that there's a little bit of cooperation in terms of the way
the players are likely to play given how they've played their first couple of
shots and so on so yeah overall what you're tends to find is the match odds
markets produce some great trading opportunities they've got reasonable
amounts of liquidity and you'll very often see some quite variable outcomes
on those individual matches so yeah there's an overall view of the Ryder Cup
sort of volumes that it's trades and the sort of way that you should trade it
I'll be looking at the overall market and trying to make a decision on what
happens there but the individual markets are very often where most of the
opportunity is created and when you see those going
odds on then you'll probably find that it's going to be a reasonable chance of
success if you start going against those old
zong shots especially if it's slightly earlier in the round anyhow there's
loads of information there for you to get on with the Ryder Cup I'm going to
enjoy watching I hope you do too and hope you get a couple of decent trades
out of that tournament
you
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