Masters prop - no hole-in-one

abc

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Dec 30, 2006
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As it happened, Ramsay had spent much of Sunday with Mickelson, eating breakfast and playing nine holes with the world No 8. In the morning, he watched Mickelson hole in one with an eight-iron on the 16th and then claimed $10 (about ?5) from the American as a result of a bet on their match. Then, when playing by himself after lunch, Ramsay had holed his six-iron second shot at the 5th.

As Mickelson and Ramsay walked from tee to green, Mickelson dispensed advice liberally. ?He stressed to me how some holes are par holes and some are birdie holes and you have got to realise that on some holes the flags are positioned in places where you hit the green and take two putts, and some you go at it and make your birdie,? Ramsay said. ?It?s knowing when the right time is to attack and when to play the safer shot. It?s percentages, knowing how to get it round Augusta when you?re not on your game.
 

joeseppy

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Jun 9, 2005
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Odds look about right to me. They always put the hole in a very good place for holeouts on the 16th green in the final round and there have been three in the last three years just on that hole alone.

I took the 100/30 last year about the first hole in one being the 16th, it never came up. Victor Chandler go 7/2 this year and I am currently mulling over going in again
 

phar.lap

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Aug 15, 2006
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Australia
Actually, I think -165 is reasonable value. Given that you only need to win 62% of the time to break even, this would have been a winning bet over the last 10 years with it losing on 2 occassions and winning 8 (and 20 years for that matter...losing on 5 occassions and winning 15).

Although the 16th is quite accessible (especially on the last day), there are only a small number of players that get a crack at it.

Prima facie it appears to be good value to my eye (admittedly its a rather narrow quantitative analysis).

Good luck either way.
 
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