The time period denotes a selected kind of public sale pool generally related to golf tournaments, although it may possibly lengthen to different aggressive occasions. Members bid on groups or particular person gamers earlier than the competitors begins. The best bidder acquires possession of that group or participant. Winnings are then distributed based mostly on the efficiency of the bought group or particular person all through the precise competitors. For instance, in a golf setting, people may bid on particular pairings or golfers they consider will carry out nicely; the payouts are then derived from the golfers ultimate standing.
The attraction lies within the mix of ability evaluation and probability. People leverage their information of the rivals to make knowledgeable bidding selections, doubtlessly yielding a big return on their preliminary funding if their chosen competitor performs favorably. Traditionally, this format has added a layer of engagement and pleasure to sporting occasions, fostering a way of camaraderie and competitors amongst contributors. It additionally permits for a extra lively involvement past merely watching the occasion unfold.
