In this market we predict how a player will perform in relation to a selected number of his/her competitors (usually 10). It is important to note that only these 10 players count for the bet. As a result your selected player does not necessarily need to win the tournament for your bet to pay out.

In our Tournament Index points are awarded as follows: First of the 10 named players = 50 points, 2nd = 30, 3rd = 20, 4th = 10 and all others = 0.

Here is an illustration. In a typical US Tour Tournament, our quote for Phil Mickelson's might be 14-16 in a competitive 10-man index. If you believe that Mickelson would beat the other nine men in the Index, you would buy (go high) at 16 for the stake of your choice, in this case say £5.

If your assessment had proved correct and Mickelson finished top of the ten named players, you would have won 34 times your stake, in this case £5 per point: (50 - 16) x your stake = 34 x £5 = £170 . However, if Mickelson had finished 5th or lower of the 10 named players, he would not have been awarded any points so the same bet would have lost you 16 times your stake: (0 - 16) x your stake = -16 x £5 = -£80.

In this market we simply predict how well every player will perform in the tournament. The difference between this and our Tournament Index is that every player in the competition counts. The players within the Leaderboard Index correspond with those leading the tournament, so additional players may be priced up as a tournament progresses.

For a typical Leaderboard Index, points are awarded as follows: 1st = 60 points, 2nd = 40, 3rd = 30, 4th = 25, 5th = 20, 6th = 15, 7th = 10, 8th = 5, all others = 0.

Example:
Before the start of a tournament we might predict Ernie Els as winning 10-13 points on the basis of the scoring system above. If you fancied Els to do better than 6th (15 points) you would bet high at 13 for the stake of your choice, in this case say £5.

Had he ended up finishing 4th (25 points) you would have made 12 times your stake: (25 - 13) x Your Stake = 12 x £5 = £60. However, if he had struggled with his game and eventually missed the cut, he would have received 0 points on the Leadership Index. As a result you would have lost 13 times your stake: (0 - 13) x your stake = -13 x £5 = -£65.

During the final round of most televised tournaments we offer live prices as the action unfolds. Therefore you have the opportunity to outwit our market makers as each shot is hit. The scoring system awards points as follows: 1st = 25 points, 2nd = 10, 3rd = 5, all others = 0.

Here's an example. In the British Open we might offer predictions for eight players in contention during the last round live on TV. Walking off the 15th green, after a birdie to bring him within two shots of the leader, we might price Vijay Singh at 7-9 points. If on the 16th hole his drive went into the water and the prospect of him dropping a shot looked highly likely, we might revise our quote downwards on him to 3 - 6. Having followed the action closely on TV, you might believe that the situation isn't as bad for Singh as it appears, and in fact Vijay may well be able to rescue a par at the 16th. As a result you might decide to place your bet high at 6, for the stake of your choice, in this case say £10 a point.

If Singh did drop a shot at the 16th but managed to keep his composure and finish second in the tournament, he would have been awarded 10 points in our Live Index. As a result you would have made 4 times your stake, in this case £10 per point: (10 - 6) x your stake = 4 x £10 = £40.

However, having seen him find the water, you might have decided that he had little chance of finishing in the top two, and decided to place your bet low at 3. In this scenario, your judgment would have been incorrect and you would have lost 7 times your stake as Singh was awarded 10 points for finishing second: (3 -10) x your stake = -7 x £10 = -£70.

In this market we predict the finishing position a player will achieve at the conclusion of a tournament. We will quote a prediction for a selection of golfers that will reflect how well we think they will fare. Please note that this market differs from many others we offer because you should bet high if you want your selection to do badly, and bet low if you expect him to do well - because the larger the finishing positioning number, the worse a player has performed.

The maximum finishing position is 70, so if someone misses the cut they will be settled at 70.

Let's look at an example. We might predict that Lee Westwood will finish 22nd or 23rd in the US Masters, as a result our quote would be 21-24. If you fancied Westwood to perform well you would bet low on his finishing position at 21. However, had he struggled with his driver and eventually finished 35th, you would have lost 14 times your stake, in this case say £5: (21 - 35) x your stake = -14 x £5 = -£70. However, if you had decided to bet high on his finishing position you would have won 11 times your stake: (35 - 24) x your stake = 11 x £5 = £55.

In this market we simply pick two golfers and predict who will finish higher at the end of the tournament. The result is the number of shots that one beats the other by. If either player misses the cut, both players' halfway scores will be doubled. For this bet it does not matter where the two golfers finish in the tournament, or how any other competitors perform, just the two players on which you have placed your bet.

For example, in a 72 Hole Match Bet between Colin Montgomerie and Lee Westwood we might predict that Westwood would beat Montgomerie by around one shot. As a result our quote would be 0.5-2.0. If you believed that Westwood would continue his good run and that Montgomerie would struggle, you would bet high at 2.0 for the stake of your choice, in this case say £10 per shot.

Had your view been confirmed with Westwood beating Montgomerie by 10 shots (for example Westwood finishing 8 under par while Montgomerie ended 2 over), your online spread bet would have returned 8 times your stake: (10 - 2.0) x your stake = 8 x £10 = £80.

However, had Montgomerie returned to his imperious best and finished on 16 under par and Westwood 10 under par, Montgomerie wins by 6 shots. As a result you would have lost 8 times your stake. As you bought Westwood at 2, you lose two points plus what Monty won by. Here's the calculation: (-2.0 - 6) x your stake = 8 x £10 = -£80.

Similar to the 72 hole match bet, we offer a large number of 18 hole match bets for each day of most tournaments. We pick two players from the whole field and predict which golfer will win over 18 holes. A player is awarded 10 points for winning plus 3 points for each shot he wins by.

For example, before the first round of a tournament we might offer an 18 Hole Match Bet between Davis Love III and Phil Mickelson. Following a recent win we might make Love III favourite, with our prediction being 2-5 points. Having watched Love win the week before, you might decide to bet high at 5 for the stake of your choice, in this case say £5 a point.

If Love had shot 68 and Mickelson 70, the result would have been 16 (10 points for Love winning the Match Bet plus 3 points for each shot he won by = 16 points). As a result you would have won 11 times your stake: 16 - 5 x your stake = 11 x £5 = £55. However, had Mickelson shot a 65 and Love only managed a 69, the final make-up would have been -22 (10 points to Mickelson for winning the head-to-head plus 12 points for winning by 4 shots totals 22 points). Had you gone high at 5, you would have lost 27 times your stake, as you lose the 22pts plus the 5 pts you went high at: (-5 -22) x your stake = -27 x £5 = -£125.