Markets covering the Ryder Cup responded to the first day's action in Ireland by slashing "Team USA to Win" prices by almost 30% as Team Europe took a 5-3 lead on the first day at the K Club. Team Europe prices were marked up accordingly.
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Prediction Markets
Tradesports: At the time of this entry, Team USA to Win dropped 11.7 points from 42.7 to 31, on 938 contracts today, taking the total contracts traded to 10,817. The current bid/ask spread is very tight with a bid of 30.6 and an ask of 30.9. Current prices are show below in the 24 hour snapshot chart.
Team USA to Win
At the time of this entry, Team Europe to Win was quoted with a last trade price of 69, with a total of 3,126 contracts traded. Current prices are show below in the 24 hour snapshot chart.
Team Europe to Win
Newsfutures: At the time of this entry, Team USA to Win also dropped, touching an low intra day of 21, before closing at 31. Total open volume at Newsfutures is 14,865 contracts. The current bid/ask spread is wide at 21 bid, 38 ask. Team Europe to Win is the opposite side of these propositions. Current prices for Team Europe to Win and Team USA to Win are show below in the 24 hour snapshot chart.
Team Europe to Win
Team USA to Win
Betting Markets
Oddschecker aggregates sports betting odds/prices. At the time of this entry, the best prices for Europe to Win was 4/7 against, while USA to Win was 2/1 on.
Weather permitting, tomorrow (Saturday) promises to bring another great day of golf. Fans worldwide with be glued to their wide screen plasmas, their web connections and internet radio.
Watch this space!
From the crew at SMARTCROWD.
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