In simplest terms, a golf Calcutta works like this:
- Golfers bid, auction style, on the golfer or team they think will win the tournament (typically you're allowed to bid on yourself or your own team, too).
- Enter your bid on the golfer or team you think will win, and if your bid is the highest, you bought them.
- All the money raised through the "auction" goes into the pot.
What is Calcutta betting?
Calcutta betting - can anyone explain it for me? A Calcutta, or "auction pool" is an event held in conjunction with a golf tournament, horse race, or similar contest with multiple entrants. Participants in the Calcutta bid among themselves to "buy" each of the contestants, each contestant being assigned to the highest bidder.
What is a Calcutta in golf?
The term "Calcutta" (also called a "golf Calcutta," "Calcutta auction" or "Calcutta sweepstakes") describes a type of auction-pool wagering that can be applied to golf and many other sporting events.
What happens if my team wins the Calcutta tournament?
For example, your team is "won" in the auction by Team X; if this rule is in effect, you can pay half of Team X's winning bid back to Team X in order to buy back half a stake in your own team. If your team then wins the tournament, your team and Team X split the Calcutta payout.
What is the Calcutta payout for a hockey tournament?
Perhaps the simplest and most common Calcutta payout is 70 percent of the pool to the "owner" of the winning tournament team, 30 percent to the "owner" of the second-place tournament team.
What is a Calcutta golf tournament?
Updated December 27, 2018. The term "Calcutta" (also called a "golf Calcutta," "Calcutta auction" or "Calcutta sweepstakes") describes a type of auction-pool wagering that can be applied to golf and many other sporting events. In golf, a Calcutta is most common at a tournament featuring 4-person teams, but a Calcutta can be held in conjunction ...
Why do golfers attend Calcutta auctions?
Calcutta auctions are also encountered by golfers at tournaments as fundraisers for charities. If a golf tournament is being run to raise money for charity , the organizers might include a Calcutta auction to raise additional money.
What is an auction style golf?
Golfers bid, auction style, on the golfer or team they think will win the tournament (typically you're allowed to bid on yourself or your own team, too). Enter your bid on the golfer or team you think will win, and if your bid is the highest, you bought them. All the money raised through the "auction" goes into the pot.
What is a Calcutta golf tournament?
Sometimes, however, to spice up the competition and make things a little more interesting, players will partake in various kinds of wagers. One of those types of wagers is a Calcutta golf tournament.
What is a Calcutta auction?
Calcutta auctions are an exciting way to set stakes for golf tournaments. Although Calcutta auctions are prevalent in various other betting sports, it is also quite prominent in golf tournaments. Calcutta auctions give players a chance to “bid” on the team they think will win the tournament. The teams in the competition are “owned” by whoever ...
What is the handicap range of a golf flight?
For example, one flight may be golfers in the 1-5 handicap range, with another flight containing golfers in the 11-20 handicap range. It would be up to the organizers of every tournament to decide how the flights would work and which golfers belong in each.
Is a Calcutta tournament legal?
There are a few things to note around the legality of Calcutta tournaments. Many golf clubs, tournament organizers, and participants may be aware that a Calcutta tournament may not be legal in their region.
Can you bid on your own team in Calcutta?
Golfers can bid on the team they think will win the tournament in an auction. Whoever bids the highest on any given team “owns” that team. You are allowed you bid on your own team to win the tournament. If someone else wins the bid for your team, you are sometimes entitled to a percentage of the winnings of the pot, ...
Is golf auction illegal in Calcutta?
A Calcutta auction in golf blurs the line between a golfer playing for prize money and simple gambling. So ultimately, if gambling is illegal in a specific region, technically, Calcutta auctions are as well. But that doesn’t mean they won’t still happen anyway.
Calcutta Golf Tournament
A Calcutta golf tournament is simply a tournament in which the Calcutta golf betting rules have been applied. This means that the teams in the tournament have all been “purchased” through an auction system.
How To Run A Golf Calcutta
Though running a Calcutta golf tournament may seem difficult it is actually a fairly simple process.
How Does A Golf Calcutta Payout Work
The payouts of Calcutta golf is actually a fairly simple process. There is no one single way of calculating a payout for Caclutta golf though there are a few common ways of doing it.
Calcutta Golf Betting Strategy
Calcutta golf betting is often one of the highest stake betting formats you will see around your home course. So it makes sense to do some research before you put your money on the line.
Conclusion
We hope you enjoyed our guide to Calcutta golf. If you have any questions regarding this process or any of the information in it be sure to reach out in the comments below.
