The 2006 Ryder Cup Matches between Europe and USA tee-off on 22nd September at the K Club, Straffan, C. Kildare, Ireland. The Ryder Cup is one of the biggest events in golf.
Early action in the betting and prediction markets shows, as expected, some consistency. The markets are calling Europe slight favourites.
Betting Markets
Oddschecker aggregates sports betting odds/prices. At the time of this entry, the best prices for Europe and USA were .99/1.00 and 1.21/1.00 respectively. Click here <Oddschecker> for latest prices.
Prediction Markets
Tradesports shows Europe to Win's last trade at 57 on small volume; 721 contracts.
Click here <TradeSports* USA to WIN> for latest prices.
Click here <TradeSports* Europe to WIN> for latest prices. Here's how the "Team Europe to win" contract at Tradesports has performed in recent weeks. Note: the Team USA win market will generally move in the opposite direction.
*TradeSports pricing is based on a binary system where each contract settles for either 100 (where you choose the correct outcome) or 0 (for the incorrect outcome). Watch the odds and prices change as the competition unfolds.
Newsfutures
Newfutures quotes almost identical pricing at the time of this entry. Newfutures* quotes "Team Europe to win" at 56. 3226 contracts have been traded (5 times more than Tradesports), which is perhaps not surprising given Newsfutures contracts do not require financial settlement;
Europe to defeat USA market
*Newsfutures are also binary contracts but trade is for pure ego and 'play' money.
The 2006 Ryder Cup promises to be a close call that will be keenly followed by golf and sports fans worldwide. We'll follow changes in these market as the matches get underway.
On balance, the smartcrowd suggests Europe should win the Ryder Cup, but there could easily be a Team USA upset. Get up-to-date Ryder Cup news here <Google Search>.
Watch this space!
From the crew at SMARTCROWD
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