The markets covering the Ryder Cup remained relatively steady during the week, though Team USA prices improved as interest in the event increases. Prices for USA increased significantly at Newsfutures (fake money market), though volume was low.
Prediction Markets
Prices currently stand as follows (at the time of this entry):
Tradesports, The Europe to Win at 57 (current bid at 53.5, ask at 57.2), price unchanged; with 1,341 contracts traded; with USA to Win, also steady at 43.8 with 2,444 contracts traded. Here's the price chart for USA to Win at Tradesports;
Newsfutures, The Europe to Win's price spiked up to 79, on low volume with 5,400 contracts traded (vs a total of 4,890 contracts traded this time last week). USA to Win is the opposite side of the very same market proposition at 21. Here's the price chart for Europe to Win at Newsfutures.
Betting Markets
Oddschecker aggregates sports betting odds/prices. At the time of this entry, the best prices for Europe to Win was 18/19 on, while USA to Win was 11/8 against.
Click here for <original entry, news and current prices>. Here's the latest <Google News> about the Ryder Cup event.
From the crew at SMARTCROWD.
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