Tuesday, September 29, 2009

Is Tiger Woods a good golf bet?

Tiger Woods is undoubtedly one of the best golfers of all time. He is a credit to the sport, a fierce competitor, a noble sportsman, and a worthy champion.

But let’s open a can of worms. Is he really a good bet?

Let’s look at some of the statistics. In the next three tournaments he plays, Tiger will start at anywhere between $2.50 (Australian Masters) and $3.40 (US Masters).

That means at best, Tiger must win one in three tournaments for us to come out on top. At worst, he needs to win every second time he walks out.

While it’s a fair call to suggest he’s favourite each time he plays, it’s also fair to suggest it’s inhuman to finish first past the post each event.

Tiger has won 6 from 17 events this year. If we’d backed him in each one, we might be slightly ahead. We’d also be incredibly frustrated.

Here’s Tiger’s results:

March 3: 17th World Match Play.
March 15: 9th World Golf Championships
March 29: Won Arnold Palmer Invitational
April 12: 6th Masters Tournament
May 3: 4th Quail Hollow Championship
May 10: 8th The Players Championship
June 7: Won The Memorial Tournament
June 21: 6th US Open
July 5: Won AT&T National
July 19: Missed the Cut, British Open
August 2: Won Buick Open
August 9: Won Bridgestone Invitational
August 16: 2nd PGA Championship
August 30: 2nd The Barclays
September 7: 11th Deutsche Bank Championship
September 13: Won BMW Championship
September 27: 2nd The Tour Championship

If you invested in Tiger immediately after the British Open, it’s likely you’d have made your best profit. But as a long-term investment, chances are the bookies will be a little too wise.

A better bet for mine – if you study the golf – is to find a three-ball option you like.

Chances are you’ll find someone with good form who might be paired with a better-known name. In such cases, the form player will usually win with inflated odds.

Either that, or try the old roullette tactic of doubling up each time Tiger loses.

2 comments:

  1. Nice article mate.

    I reckon you're right, the three balls on Thursday and Friday are where you make your cash. Recent form is a good pointer, but so are previous results at that tournament (given it's at the same track each year). There are blokes who will miss three cuts, then arrive somewhere familiar where they have good memories and go low.

    Davis Love is a good example at Harbour Town, where he has five wins. Or Tiger at Firestone or Torrey Pines.

    But put Tiger at The Players Championship at Sawgrass and I wouldn't back him with my in-laws' money!

    ReplyDelete
  2. Mate, I'm sure your in-laws are lovely people.

    ReplyDelete