The time period denotes a particular kind of public sale pool generally related to golf tournaments, although it will possibly prolong to different aggressive occasions. Contributors bid on groups or particular person gamers earlier than the competitors begins. The best bidder acquires possession of that crew or participant. Winnings are then distributed based mostly on the efficiency of the bought crew 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 properly; the payouts are then derived from the golfers ultimate standing.
The attraction lies within the mix of talent evaluation and probability. People leverage their data of the opponents to make knowledgeable bidding choices, probably 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 individuals. It additionally permits for a extra lively involvement past merely watching the occasion unfold.