How to Bet on Golf – Guide to Golf Betting and Odds
Golf is another sport to have benefitted from the rise in satellite TV broadcasting over the last twenty years. At one point, only the major events such as the British Open Championship, the US Masters and the Ryder Cup were picked up by the networks but in the modern day, it’s possible to watch every tournament on the calendar via your TV subscription.
The sportsbook operators have benefitted too because, it’s clearly more fun to place a bet if you can watch all the action unfold live on the TV screen. The best golf betting sites have capitalised and that means it’s a great time for you, the punter, to get involved.
The Current Golfing Scene
If you’re wondering about how to bet on golf then a good starting point is to look at how the sport works on a global basis. On the men’s professional circuit, there are four Major Championships and these are, in date order, the US Masters, the US Open, The Open Championship and the USPGA Championship.
These are similar to the four Grand Slams in tennis and these are the tournaments that the players really want to win. It’s also a time when UK golf betting sites will become more active with offers and promotions so this is really a great time for the golfing punter to get involved.
In terms of team golf, there are minor tournaments throughout the year but the undoubted highlight is the Ryder Cup. This is a long established event that has its origins in the 1920s and every two years, the best golfers from Europe and the USA assemble to do battle.
The Ryder Cup is a busy time for the betting community and this is another event where punters should be looking out for a host of offers and promotions from the best golf betting sites out there.
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Excitement All Year Round
We’ve mentioned the major events on the calendar but betting on golf is virtually a year-round pastime. The sport takes a brief two to three week break around the Christmas season but otherwise it’s possible to find a professional golf tournament being played at all times of the year.
There are two main circuits for men’s professional golf. The first of these is the PGA Tour which is largely played in the United States but does also extend into Canada and beyond while the European Tour covers Europe in the main but can also move out beyond the confines of the continent.
It’s possible to find markets from the online golf betting sites for all of these tournaments and there’s more besides. There’s the Sunshine Tour which is largely based in South Africa and there is also a thriving Ladies golf scene although even the best golf betting sites only tend to quote for ladies’ competitions when a major tournament comes along.
Clearly there is a lot to enjoy in any golfing year so let’s move on now and give a golf punters guide to the markets that are available for all of these tournaments.
Awesome Outrights at the Top Golf Betting Sites
Whenever a tournament is approaching, online golf betting sites will publish markets for the outright event winner. For the major tournaments that we’ve mentioned above, these prices should become available several months before the first shot is hit while for the smaller events, they will only be made available in the days leading up to the start.
For some tournaments, there can be up to 100 players in the field and it’s fair to say that while the favourites can win more often than most, there can be some real outsiders coming through to take trophies. Golf has seen winners priced at above the 100/1 mark so as an alternative to the outright win, bettors may also want to check the golf betting each way rules.
Each way punts are perhaps more popular for golf than any other sport because of its occasionally unpredictable nature. All of the best golf betting sites will have E / W options but they will differ in terms of how many places they will pay down to.
For the major tournaments, there is likely to be a series of special offers from around the sportsbooks, so you may well see a number of bookies pay down to ten places for the US Masters or the Open Championship. However, for the smaller tournaments it may just be to four so the advice is to check the golf betting each way rules from the bookmaker in question.
You’re Not Out of Options Yet – More Golf Bets to Explore
While the outright betting remains the most popular option for anyone’s golf betting system, there are dozens of additional markets to take advantage of. We mentioned each way punts and as a good alternative to this, golf bettors can stake on whether their chosen player will finish in the Top 5, Top 10 or Top 20.
Odds can be shorter than the Each Way bet but this is much more straightforward for those who think their player will do well but aren’t necessarily confident enough to back them for the straight win. The best betting sites also have an option for first round leader and this can also prove to be lucrative.
The history of the sport shows that a number of golfers have an inclination to make fast starts on the course but they lack the stamina to maintain that level for the whole of their four rounds. Therefore, the first round leader market is perfect for that type of player and for those looking for likely betting on golf punts, it’s a definite one to consider.
It’s a Whole Wide World
The best golfers can come from anywhere in the world but it’s fair to say that the highest concentration of top ranked players come from the United States of America. The PGA Tour Stateside also tends to attract the best golfers on the planet and that fact leads to a host of additional markets from the best golf betting sites that are worth analysing.
Golf is multinational so for most tournaments, there are options to bet on highest placed American, highest placed British player, Swede, Czech, Frenchman and so on. As long as there is more than one golfer of a certain nationality playing, some of the bookies will list this kind of market. This bet can become regional too so it’s possible that it may be broadened to best European or best Scandinavian. It’s a bit of a niche but some proper research here can help to turn a profit in this alternative market.
Playoff and Winning Margin Bets in Golf
The number of markets will increase depending on the size of the tournament in question, but the majority of the UK golf betting sites will always have certain options available and among these will be the playoff bet. A playoff in golf will occur if two or more players finish with the same score at the end of the four rounds and your task is to simply bet on ‘Yes’ or ‘No’.
Also made available by the best betting bookies is the winning margin bet and here, as the name suggests, you simply have to bet on the number of shots that you think the winner will get home by. Those are the main markets and there may be some more obscure ones but we’ve covered everything that you really need to get off and running.
Next, it’s a guide on how to bet on golf and getting the best golfing system in place that will give you a better chance of turning profits on a regular basis.
Looking for Value at Golf Betting Sites
All of the popular sports are competitive ones and as far as the online golf betting sites are concerned, they will all want to offer the best possible odds to get you on board. Prices will be tight at all times of the year but when the Major championships such as the Open or the Ryder Cup come along, those odds will become even longer.
It’s a good time to get involved and as part of our golf punters guide, we recommend that you have a quick check of the sportsbooks to see who delivers the best prices. Nobody will have the best odds for every single event but by checking a few prices you can find the bookmakers who have consistently great odds over a period of time.
Don’t Forget Those Offers
Beyond those day-to-day strong prices, the best golf betting sites will also issue a number of offers and promotions to extend that value. These will mainly appear when the big tournaments are on but they can also be listed for any tournament and they are worth looking out for.
We’ve mentioned that many bookmakers will extend their each way markets whenever a Major competition arrives on the calendar and that’s a good start but there’s much more besides and it all begins on sign up.
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As an alternative to their standard welcome bonus, many online golf betting sites are now offering what are referred to as enhanced odds offers. These deals take the standard market price of one or more golfers and boost it to something much higher as a new customer exclusive.
For example, let’s say that Tiger Woods is a 10/1 shot in the open markets to win the upcoming US Masters. The bookmaker in question might see that price and lift it up to 25/1 or maybe even higher subject to terms and conditions. Those terms would typically include a fixed stake which can be set as low as £1.00 while the enhanced portion of the profits would be paid as free bet tokens as opposed to cash.
These points should be kept in mind but these can be generous offers if those tokens are converted into winning bets.
For regular customers to any sportsbook, there may well be some price boost deals from UK golf betting sites in particular. These will be much smaller in size and may only increase the numbers by a very small amount but in this case there should be no fixed stakes and whereas new customer deals are paid mainly in free bet tokens, these are met in cold hard cash.
Those are the main deals you can expect when you’re betting on golf but there may be a host of free bets and other refunds available. The way to find out is to check the promotions tab on any sportsbook and they will tell you what offers you can take advantage of.
How to Succeed at Golf… Betting
We’ll conclude this punters guide to golf by giving our own tips on finding a profit from what can be a tough sport to call. You may already have your own golf betting system in place but hopefully this additional advice will help you along your way.
Form is important in golf as it is in any sport but with so many competitors taking part in any individual tournament, it’s rare to see a player winning even two events in a row. This is partly down to the fact that we see such large fields but it’s also because no two golf courses are the same.
The venue for the upcoming week may have lots of bunkers and water hazards but it could be relatively short and this is where accuracy is the key attribute needed for a player to find success. The following week may see a course that has few sand traps and water but it has wide fairways and is a much longer venue. In this instance, the power hitters from the tee will have the advantage and inaccuracy isn’t greatly punished.
All golfers have certain elements to their game that might help them succeed on a certain course. The best golf betting sites might show some important stats in this respect but two good places to check out are the official websites for the PGA and European Tours.
Every week, these sites produce what are known as Power Rankings and they list, in order, the players who they feel are best suited to success in the upcoming tournament. Many factors are taken into account including driving distance, accuracy, putting, scrambling, greens in regulation and many more.
These rankings will also take into account a golfer’s previous record in the competition and that’s another, extremely relevant factor for anyone betting on golf to take into account.
We highly recommend that you read our full betting guide, where you will find every rule and condition every punter should know.
Familiar Territory – Golf Betting System
There is a trend for golfers to do well at a particular event even if their overall record on the circuit is a poor one. Take the case of Brendan Steele – a journeyman US pro who, as of September 2018, had won just three events on the PGA Tour. The first of those came back in 2011 and there had been nothing until the American claimed the Safeway Open in 2016, read more about how he managed to do that.
A further twelve months without success followed until his third victory – in the Safeway Open again and on the same course. It may seem like a strange anomaly but when it comes to learning the basics of how to bet on golf, this type of sequence happens more than many would expect so when looking at the runners and riders in any field for any event, never rule out the defending champion.
The Nineteenth Hole
Now we’ve come to the end of our guide to betting on golf it’s over to you to take that knowledge and look to make some regular profits. We’ve listed all of the popular markets that the best golf betting sites publish while advising on the popular tournaments that take place across any season.
But golf is an all year round sport with the brief exception of a quick break around the festive season so there is a lot to enjoy for the full twelve months. To summarise, know your markets and how to find the best value, do plenty of research into form and the many relevant statistics that can determine a champion and you too can be a winner from your extensive golf betting strategy.