GOLF BETTING GUIDE (101) – HOW TO BET ON GOLF
Golf betting has a lengthy history, particularly in the United Kingdom and Europe. However, it is presently among the fastest growing betting markets in North America. The PGA Tour has begun forging strategic alliances with gaming companies. As a result, more betting markets are available online, and odds are being shown during broadcasts.
Read on to discover more about golf betting, whether you’re new to the game or simply want to better your game.
Strategies for wagering on the PGA Tour
Golf is essentially a year-round activity due to the availability of odds practically every week on professional circuits like the PGA Tour. Major PGA tournaments and team competitions like the Ryder Cup attract the most wagers in the golf betting world.
Those Who Are the Best, the Masters
- Betting Strategies for the 2022 Masters Tournament
- American PGA Championship / United States Golf Association Open
- This year’s Open Championship (British Open)
- In golfing, the Ryder Cup is played
The number of golf bettors and betting options have both increased dramatically. Furthermore, because golf tournaments often extend for four days, bookmakers alter their odds frequently to include wagers on outcomes other than who will finish first in the event.
Golf wagering types
Similarly to the other team sports, golf betting offers a wide variety of wagering structures. The tournament winner market is by far the most common, but you’ll also discover many additional alternatives including as head-to-head contests and several props.
Place a wager on the clear victor.
Picking the winner of a tournament is the most popular golf betting option. Here are the chances of winning the British Open as of June 23, 2021, for instance.
|Golfer||British Open Odds|
With a +900 odds-on favorite to win the British Open, if you bet $100 and Jon Rahm wins at Royal St. George’s Golf Course, you’ll get back $900. The odds for the tournament favorite to win are typically around +800 to +1,200.
Let’s shift our focus to a player like Rory McIlroy who is a little lower on the betting board. If Morikawa were to win his second major, a $100 wager would return $1,100 (odds of +1,100).
Odds both ways
You may bet on a player to not just place in the top three or eight of the event, but also to win the whole thing, with each-way odds. An each-way wager is really two independent wagers, each with its own potential return. In the event of a player’s victory in the tournament, the each-way wager would pay out on both wagers. In the event of a loss, but a third-place finish, just the Top-3 portion of the each-way wager would be paid out.
You may wager on the tournament winner, as seen above. Most of the time, these wagers are made before the competition even starts, and the results appear after four rounds on the final standings board. If a sportsbook offers outright betting on the tournament while it is in progress, you may place bets on the eventual champion at any time between rounds.
Comparative chances for a best-of-three series
Head-to-head odds in golf betting are like a moneyline, except that you bet on two golfers against each other instead of on the whole field. You may wager on the player you believe will have a better tournament based on the odds that have been established by the oddsmakers.
The probabilities of a three-person playoff in a round of golf Betting on the winner of a tournament involving three competitors is as easy as adding a third participant to the mix of odds.
There are now four more golf betting options
Quantitative summation in a round / Round totals
If you want to wager on a player to go Over or Under a certain round total, oddsmakers will establish a predicted final score for that player.
Consider a possible first-round score of 69.5 for Tiger Woods. That implies you should back the Under if you believe Woods will shoot 69 or better. Betting the Over means you believe Woods’ first round score will be higher than 69.
Proposition wagers in the sport of golf / Golf Prop bets
Golf odds on anything from hole-by-hole outcomes to chances on a hole-in-one and whether or not a player will make the cut make golf prop betting one of the fastest-growing businesses. The Masters, the U.S. Open, the PGA Championship, the British Open Championship, and the Ryder Cup are the most popular events for golf betting propositions.
Opportunities in Golf in the Future / Future Betting
Futures odds for the big events, such as the Ryder Cup and the Masters, are often available many weeks before the actual tournament week. Major golf tournaments often have active betting markets months before the first round even starts.
Golf in-play wagering / live betting
Live golf odds are available at most online or mobile sportsbooks and change in real time as the event progresses. Chances of winning the tournament overall, chances of winning a particular round, and odds of winning a specific hole are all included.
Advice on Golf Betting
There are a few crucial considerations before making a bet on golf odds:
Shape as it is now
Golf bettors should begin their weekly tournament handicapping by examining how their favorite players are doing in the here and now, since this is where the oddsmakers begin when constructing the odds. The ups and downs that golfers experience are similar to those that teams experience.
A player’s streak might consist of anything from a victory to a Top-5 or Top-10 finish in a tournament to just performing above and above their norm. You need to investigate the source of these streaks. Sometimes it’s because of an increase in performance, and sometimes it’s just because the competition in tournaments is easier.
Some players have cold spells, and these slumps often have something to do with a certain aspect of their game, such as their putting or driving accuracy. A golfer’s performance may be affected by factors like as injuries, recuperation time, swing mechanics, methods, and breaking in new clubs.
That was par for the course
Matching a player’s strengths and weaknesses to the current course layout is known as “horse for courses,” a common expression in golf betting.
Some golf courses feature wider fairways and a longer average hole length, making them more suitable for powerful hitters who can swiftly and reliably locate the green. Contrarily, courses that require more precision off the tee and have more hazards in the fairway reward better drivers.
There is an abundance of water and sand bunkers, as well as strategically placed pins, making it more important than ever to locate players with precise approaches and strong scrambling statistics, while undulating greens may swiftly offer the advantage to the best putters.
Studying the Past
It’s safe to assume that most golfers will stick to the same courses they’ve played on recently, whether it’s because of the layout, the fact that they’re already acquainted with it, or some other factor. Same goes for stumbling blocks in some classes.
Bettors in the world of golf should always investigate the course history of each player they’re considering betting on, breaking it down round by round to search for patterns and comparing the course to past years’ tournament layouts. Golfers from that state or area will generally have some acquaintance with the courses outside of professional competitions, so this is something to keep in mind.
Weather may have a significant impact on how a course plays, from having players cut their drives and rely on accuracy to slowing play because of soaked fairways and greens. Always check the long-term tournament prognosis in addition to the comprehensive daily forecasts before placing a wager on the golf futures, head-to-head markets, or prop odds.
From there, you can assess how much a player’s skill set is affected by weather, and you can see which players are accustomed to playing in less-than-ideal settings based on their home countries.
There is a wide range in expected weather conditions throughout the day for golfers, and it all depends on when they tee off. Early morning golfers may find the course to be softer and slower than those who tee off later in the day, when the sun and heat have dried the fairways and greens, speeding up play.
Places to place a golf wager
Golf wagers may be placed at the majority of virtual casinos and sportsbooks. Golf odds might differ from one book to the next. Learn more about the local golf betting sites we suggest.