Why is it called a Calcutta auction?

The Calcutta auction originated in Calcutta (now Kolkata), India, where British colonists used the format to wager on cricket.

Why is it called a Calcutta?

The city's former name, Calcutta, is an Anglicized version of the Bengali name Kalikata. According to some, Kalikata is derived from the Bengali word Kalikshetra, meaning “Ground of (the goddess) Kali.” Some say the city's name derives from the location of its original settlement on the bank of a canal (khal).

How does a Calcutta auction work?

A Calcutta is an auction pool conducted by an organization authorized by the department. Competitors in an event are “sold” to the highest bidder and the winner(s) of the pool of money is determined by the results of the event.

What does Calcutta mean in golf?

A Calcutta auction is an open auction held in conjunction with a golf tournament, horse race or similar contest with multiple entrants.

What is a rodeo Calcutta?

A Calcutta refers to a kind of auction that allows you to “own” a race horse for the day of the race and win a percentage of the pot if your horse comes in first, second, or last. Let's say a horse called Tips Galore is running in one of My Lady's Manor races. You are the winning bidder at $1000.

Calcutta Explained

Is Calcutta legal?

Yes, a Calcutta is legal and the betting style goes beyond just golf into other sporting events. This format is also done in other sports like bowling, horse racing, NCAA basketball, and billiards as well.

What is a horse Calcutta?

What is a calcutta? A calcutta is the same as a sweep except at the completion of the draw there is a an auction in which all ticket purchasers can bid for each participant.

What is a $2 Nassau?

A two-dollar Nassau is $2 to the winner of the front 9, $2 to the winner of the back 9, and $2 to the winner of the overall match. If someone asks on the first tee, "Who wants to go five, five, and five?", a five-dollar Nassau has just been offered.

Are Calcutta tournaments legal?

Is A Golf Calcutta Legal? A golf Calcutta is legal in some areas but not legal in all states. If you are a tournament organizer and thinking of putting together a Calcutta event, you must first make sure that it is legal in your area.

What is a Nassau in golf?

A Nassau is generally three separate bets. The front nine, the back nine and the total for the round. You can either play as a team bet or play each other individually. You set a dollar amount for the Nassau such as $1 or more. If you lose all three matches you only lose $3.

What happens at a Calcutta?

The Calcutta commences with one ticket being drawn for each runner in the 2YO Magic Millions. If your ticket is drawn, you 'own' that horse ahead of the auction stage! All proceeds from the ticket draw go into the prize pool.

How does a Masters Calcutta work?

A golf Calcutta is an auction-style event that utilizes a pot and pays out a few winners. Each golfer or team is put up for “auction” and you bid on players. The highest bid gets that player, and if that golfer were to go on to win The Masters they would get the highest payout of the pot.

What does Calcutta mean in a fishing tournament?

Regarding the Calcutta - the calcutta is the side pot with which the “big money” is won in these tournaments. It should be discussed amongst the crew, all contributing members, and the owner, BEFORE THE BOAT LEAVES THE DOCK, how winnings are to be distributed, if they are to be distributed.

What is the English meaning of Calcutta?

(kælˈkʌtə) noun. 1. Modern name: Kolkata. a seaport in and the capital of West Bengal state, in E India, on the Hooghly River: former capital of British India.

Is Calcutta still called Calcutta?

Although the city's name has always been pronounced Kolkata or Kôlikata in Bengali, the anglicised form Calcutta was the official name until 2001, when it was changed to Kolkata in order to match Bengali pronunciation.

Who named the Calcutta?

The rent-roll of Akbar, the 16th century Mughal emperor, and the work of a Bengali poet, Bipradas Pipilai, of the late 15th century, both make mention of the city's early name's being Kolikata, from which Kolkata/Calcutta derive.

How is a Calcutta played?

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.

Are calcuttas legal in Texas?

Under Texas law, it may be a defense to placing a bet or keeping a place for betting if done in “private.” You may therefore consider who has access to the Calcutta. There are other factors that need to be considered. You may want to consult an attorney confidentially to discuss them.

What is a tennis Calcutta?

The Calcutta is a Labor Day weekend, mixed-doubles tennis tournament, which has been played in The Branches for the last 15 years. Sixteen teams, consisting of two women and two men, battle it out over Saturday and Sunday to crown the champions.

Can you decline a press in golf?

Invoking, Offering or Rejecting the Press

If such an option is agreed upon, then feel free to reject the press with impunity. If this is not hashed out before the match starts, you can still try to decline a press. However, doing so is considered very bad form and you risk being ridiculed by your golf buddies.

What is a press in Nassau?

The Nassau press is a side bet, in addition to the original bet, offered during a Nassau match by the side that is losing in an effort to even their money for either the front nine, back nine or overall.

How do you play 666 golf?

field 666 tournament is being played where Four-Ball is played on the first 6 holes, alternate shot on the second stretch of 6 holes, and scramble on the final stretch of 6 holes. To take a close look at how the Course Handicaps are computed and applied, we suggest reviewing the Handicap Analysis.

How do you do a Calcutta golf?

Each golfer participating in a Calcutta is both a player and an owner, but before anyone can tee off, all golfers must first “buy” another player through an auction. Golfers bid on who they feel will win the event, generally beginning with the lowest handicap player and ending with the highest handicap player.

What is Melbourne Cup Calcutta?

Calcuttas are generally held on country cups in the area they are held and important races such as the Melbourne Cup. There are generally two parts. First is the selling and drawing of tickets to allocate ticket holders to horses and second, the auction of all horses in the race.

How does a Calcutta Work Melbourne Cup?

Calcutta tickets can be purchased at the bar prior to the event. On the evening, all the raffle tickets purchased are put in a barrel and the Melbourne Cup horses in another barrel. If your name is drawn out you become the temporary owner of the horse that is drawn out of the other barrel at the same time.