PaddyPower is a bookmaker, not a prediction exchange. Hence, the Tiger Woods divorce cost odds are computed by an analyst, not by the market.

1. It is not the &#8220-punters&#8221- who have fabricated the odds, but a PaddyPower employee.

2. It is not a set of &#8220-market odds&#8221-, but a set of bookmaker odds.

3. The bookmaker analyst does not have access to any confidential contract. So, the PaddyPower press release is aimed at suckers in the media.