Although golf seems to be a less paced sport, in comparison to popular team sports, it brings excellent advantages for bettors. If you’re tired of football, basketball, or tennis, open the world of golf tournaments and find your favorites. Looking ahead, golf competitions are fun to follow and give predictions.
Understand the Basics of Golf Betting
The rising popularity of golf is evident outside Europe and the US. Bettors from all over the world follow PGA Tour games, predicting the outright winners, players who will join the top 5 or top 10 league, or other outcomes. Here, we’ll explain the tournament formats and available betting markets.
How Golf Tournaments Work
There are two major types of tournaments: match play and stroke play. In match play, golfers earn points by winning holes and competing head-to-head. At the end of the game, the players with the most points (won holes) win.
Stroke play is nearly different, requiring you to play in teams. However, the performance of each team player counts individually. Players with the lower total scores win.
Key Golf Events for Betting
The popular golf tournaments listed below are all available for bettors. Popular betting options include outright winners, top 5, top 10, top 20, round leaders, and special prop bets.
- The Masters. The event takes place in Georgia starting in April. Its rich history makes it one of the most iconic golf tournaments. It holds the long-standing tradition of the winner wearing green jackets.
- PGA Championships. It gathers all the best golf players in the world. For bettors, this tournament is one of the most exciting as you can bet on world-famous players and follow the one that remains legendary for decades.
- Ryder Cup. This is the latest golf tournament of the year, taking place in the US and Europe in September-October every two years. Since 1927, Ryder has been a prestigious event that draws the attention of thousands of viewers.
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Types of Golf Bets
Golf betting has existed for dozens of years. Punters have experimented with betting markets and collected the pool of the most outstanding wagering variations. It’s essential to learn all the possible types of a golf bet to stay competitive. Check them out!
Outright Winner
Betting on the tournament winner where the favorites (big boys) have lower odds. The odds depend on the likelihood of winning for a particular golfer. The odds reflect the chances of each player being crowned. It’s considered a high payout bet since determining the winner could be challenging.
Ultimate Finish Bets
Top-based betting markets are famous as you need to pick players and their final position in the ranking.
There is a top 5 list, top 10, and top 20, depending on the tournament. The odds are usually lower, paying out less, but it perfectly suits beginners.
Head-to-Head Matchups
Betting on head-to-head is great during the live event. Here, you need to predict the group winner. Such bets exist only during one game and are considered fast bets. Remember that some matchups consist of more than two players.
Round Leader Bets
Your score prediction after a certain round is what round leader bets are about. Place your bets on the score leader after the round finishes. If the picked player leads, you win the bet.
Prop Bets
These are interesting bets due to their uniqueness. Instead of betting on the tournament or matchup results, you can predict the number of birdies, hole-in-one occurrences, or other match scenarios.
Live Betting
Modern bettors won’t be surprised by the ability to place bets after the beginning of the tournament.
Punters can predict the results based on the actions they see in the game. However, punters must be careful with constant fickle odds.
Key Factors to Consider When Betting on Golf
The idea behind sports betting is to identify the chances of the outcome to happen. In golf, your winning chances depend on how well you prepare for the bet, knowing the conditions of players.
Player Form
The conditions of each player in golf mean a lot; thus, try to identify the form of a player you want to bet on. To do that, a player’s statistics and analysis of previous games are crucial. Analyze metrics, such as “putting” average, accuracy, and number of greens. Also, open the sportsbook with the history of players’ performance and identify their tendencies and motivations.
Course History
Rivalries and courses play a role in the motivation of one to win another. Moreover, some participants demonstrate better performance in specific courses. Thus, run through the statistics of the player over different courses.
Weather Conditions
Golf is an outdoor game that is dependent on weather conditions.
The odds might change significantly if there’s a bad forecast. In addition, some players may change their strategy to overcome new conditions.
Tips for Successful Golf Betting
The mistake of hundreds is non-compliance with the main betting rule: stay responsible and clear-minded. Some bettors prefer to make decisions based on what their gut says and forget about the systematic approach to budgeting and researching.
Research Thoroughly
Information is the key to your success. Delve into the tournament specifications, players’ data, and course conditions. The presence of some players may ruin the chances of others. Remember that even a small thing may help you to make the right decision.
Diversify Your Bets
Modern sportsbooks provide you with a bunch of bet types. You can build complex wagers by placing bets on multiple players and various outcomes.
Manage Your Bankroll
The profits from accurately determined stakes could be great. For instance, measure the amount of money you are willing to spend or lose. Such an attitude will make you decide wisely. Second, divide your bankroll into multiple parts and spend these parts strictly on schedule. If your budget is over, take a break. Third, have control over your own money. Never borrow money and take loans. In this way, you may end up poorly.
Stay Updated
Keeping up with sports insights can be extremely helpful. You just need to monitor golf forums and follow social media news. Golf players have their own social media accounts that you can subscribe to and be the first to know about the player’s shapes.
Common Mistakes to Avoid in Golf Betting
Bettors can make mistakes that decrease the odds. Below are common factors that may destroy your prospects regarding golf predictions.
Ignoring Course-Specific Factors
Depending on the golf course, the player applies various topography skills, analyzing land surfaces. When betting, your winning likelihoods depend on the winning chances of your chosen player. So, make sure to study the course specifics that may influence his prospects of winning.
Overvaluing Popular Players
A common mistake of numerous bettors in different sports disciplines is overvaluing popular players instead of analyzing today’s most prospective ones. Unfortunately, the popularity of players impacts the choice of bettors, but your picks must be based on proper investigation of all participants.
Ideal Platforms for Golf Betting
All golf tournaments are presented in modern sportsbooks. There are thousands of companies that provide betting opportunities, offering competitive odds, a wide range of betting markets, and cheap and fast payments.
Remember to check the company’s license to make sure the bookmaker is fully reliable and trustworthy.
Sportsbook Features to Look For
There are some important aspects to check before choosing one specific platform:
- License from a reliable regulator;
- Responsive customer support;
- Golf games;
- Different golf betting markets;
- Quick payments;
- Low withdrawal commission.
Conclusion
To wrap up, golf has spread across the world at a rapid pace, introducing golf tournaments in different continents and attracting new fan bases. As a result, sportsbooks started experimenting with bet variations, allowing you to make live wagers, and making your wagering experience truly unforgettable.
Frequently Asked Questions About Golf Betting
Can beginners bet on golf?
Yes, modern sportsbooks are open to newcomers, providing multiple golf betting options and welcome prizes.
What is the most popular golf bet?
Outright winner and top finish bets are the most popular golf bets.
How do odds work in golf betting?
Let’s say you want to bet $10 on Xander Schauffele to win with odds of 1/6. If he wins, you receive a payout of $60.
