It's worth mentioning that the
purpose of the OWGR is
not to provide the most accurate rankings of golfers' skill.
As in other major professional sports, wins are rewarded
disproportionately by golf's ranking system. While this may not be optimal for predicting future performance,
winning is what matters in sport, even if it often
has a large element of luck involved.
However, one feature we do want in a ranking system is for equivalent performances to receive equivalent compensation.
While the OWGR system accomplishes this for the most part, there are some deviations from perfect
fairness (a few of which have been alluded to already).
Using the same model we use to generate our weekly win probabilities, we can estimate the number of OWGR
points a certain player (e.g. the average PGA Tour player) would be
expected to earn at each
OWGR-sanctioned tournament. In a perfectly fair system, the
same golfer would be expected to earn
an equal number of points at every event. The higher the expected number of points, the more favourable
is the overall OWGR point allocation at that event.
At the typical full-field PGA Tour event, the average PGA Tour player is
expected to earn about 1.4 OWGR points; for the typical full-field European Tour event, this number
is about 1.8; at a major championship it's 2.3; at a World Golf Championship event it's 2.7; at a typical
Korn Ferry Tour event it's 1.24; and finally, at a typical Japan Tour event it's 2.5.