SMARTCROWD: America's Cup: Update

July 03, 2007

America's Cup: Update

Alinghi hoists the America's Cup for a second time.

Swiss yacht Alinghi successfully defended the America's Cup against New Zealand's Emirates Team after a photo-finish win in Race 7 today, taking the match series 5-2.

In the run-up, New Zealand's Emirates Team defeated yachts from around the world, including Larry Ellison's BMW Oracle Racing, winning the Louis Vuitton Cup and the right to challenge Alinghi for the America's Cup, but the Kiwis failed at the last hurdle with the Swiss team proving too strong. The bitter irony is that Alinghi was skippered by Brad Butterworth from New Zealand.

After putting the America's Cup defeat behind them, all New Zealanders will be pinning their sporting hopes on the mighty All Blacks who go into the Rugby World Cup tournament in France, in September, as overwhelming favorites. At Inkling Markets, the All Blacks are rated with a 51% probability of winning the Rugby World Cup. At Tradesports, the All Blacks are quoted at 68-73, on nil volume.

New Zealand is one seriously competitive sporting nation, especially given its population is just under 4.2 million.

From the crew at SMARTCROWD

Posted on July 03, 2007 at 10:28 PM in Sports | Permalink

Tags: Alinghi, America's Cup, New Zealand, Prediction Markets, smart crowd

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November 2007