Result:  11-6, -11.28pts

LAY Ernie Els to lose 20pts @16.5  (i.e. stake 1.29pts)
LAY Luke Donald to lose 20pts @27  (i.e. stake 0.77pts)
LAY Justin Leonard to lose 20pts @30  (i.e. stake 0.69pts)
LAY Sergio Garcia to lose 20pts @30  (i.e. stake 0.69pts)
LAY Boo Weekley to lose 20pts @28  (i.e. stake 0.74pts)
LAY Angel Cabrera to lose 20pts @36  (i.e. stake 0.57pts)
LAY Robert Allenby to lose 20pts @34  (i.e. stake 0.61pts)
LAY Chad Campbell to lose 20pts @42  (i.e. stake 0.49pts)
LAY Trevor Immelman to lose 20pts @50  (i.e. stake 0.41pts)
LAY Retief Goosen to lose 20pts @100  (i.e. stake 0.2pts)

After round 1: 

BACK Ernie Els to win 10pts @8.2  (i.e. stake 1.39pts)
LAY Jose Coceres to lose 20pts @50  (i.e. stake 0.41pts)
BACK Luke Donald to win 15pts @4.6  (i.e. stake 4.17pts)

Early in the week to be hedging out (at a loss at that) but still mindfull of the size of the loss suffered when Choi won wire-to-wire earlier in the season which I feel should probably have been averted by taking earlier action. Although Donald is far from prolific he has won this event before and the current price looks about right to me - not a value lay anymore so it makes sense to get neutral on him at this stage. Els is also a concern so have reduced the exposure on him.

after round 3:

BACK Jose Coceres to win 15pts @10.5  (i.e. stake 1.58pts)
BACK Justin Leonard to win 18pts @170  (i.e. stake 0.11pts)
BACK Matt Jones to win 5pts @10.5  (i.e. stake 0.53pts)
BACK Robert Allenby to win 10pts @22  (i.e. stake 0.48pts)

Things haven't that well so far this week - reducing liabilities on some and having a small back of Jones, despite him being unproven in this sort of position the price seems a tad high.

Positions going in to final round:

Ernie Els: -11.28
Jose Coceres: -5.21
Justin Leonard: -3.96
Luke Donald: -2.98
Matt Jones: 4.15
Robert Allenby: -11.51
The field: -1.38