Sharing how to bet on golf is extremely simple
Betting on golf can be an exciting and rewarding experience, offering a unique combination of strategy, research and prediction. Whether you are a seasoned bettor looking to diversify your portfolio or a newcomer looking to explore the world of sports betting, understanding how to bet on golf is essential to making Make wise and profitable decisions. This guide from kingsoccertips.com will walk you through the basics and popular betting markets in golf, ensuring you have the knowledge and confidence to bet wisely. From choosing a trustworthy bookmaker to understanding the different betting options, this comprehensive overview will equip you with the tools you need to navigate the volatile golf betting landscape.
Understanding Betting Terminology
In North America, golf betting odds are written in the American system. A player’s odds are written with a plus sign (+) and indicate how much a bettor would win if they placed a $100 bet. If Rory McIlroy has odds of +700 (also written as 7-1), the bettor would win $70 if they bet $10 on McIlroy.
Let’s take a closer look at specific bets in sportsbooks, as well as key terms in golf betting.
Outright Betting
Outright betting or “outright winner” bets are placed on which player will win the tournament. Most PGA tournaments have over 100 players, meaning even backing a favorite can be profitable. Favorites are usually listed with odds ranging from +600 (6-1) to +1300 (13-1). Outright bets offer the highest payouts.
Placement Betting
Placement betting or “place” bets predict which player will finish in the top five, ten, or twenty positions in a tournament. Typically, placement bets have smaller payouts and follow the dead-heat rule. In other words, if you bet on Brooks Koepka to finish fifth, but he ties with another player, the payout is halved (or divided by the number of players tied in that position).
Match Betting
Match betting involves wagering on which player will win a round (not the entire tournament) and is crucial when learning how to bet on golf. In match bets, odds are listed with a favorite (-) and an underdog (+). Bettors can wager on the spread or the moneyline. For the spread, bettors choose which golfer will win or lose by a certain number of strokes, known as the handicap. For the moneyline, bettors predict which player will win that round.
Prop Bets
Prop bets encompass a variety of wagers for any event – and golf betting has many. Some prop bets are player-specific. For example, a bettor might wager on whether Brooks Koepka’s first-round score will be over or under a certain number, whether he will make a hole-in-one, etc. Two of the most popular prop bets include: the nationality of the champion and head-to-head bets on which player will perform the best within a group.
Value Betting
Value betting is not a type of golf bet but a way to describe odds in relation to their payout potential. Savvy bettors look for free bets as well as bets with high-value odds. In golf, value bets are determined by comparing a player’s chances of winning a tournament to the odds provided by sportsbooks.
Let’s look at an example. If Jordan Spieth has +900 odds to win the US Open and a 20% statistical chance of winning based on the field size, you can determine the value bet by multiplying the two and subtracting 1. In this case, +900 are 9-1 odds, so it’s written as 9.
(9 x 0.20) – 1 = (1.8) – 1 = 0.8
Golf betting tips suggest only placing bets if the result is greater than 0, meaning backing Spieth (in this example) would be a good move.
How to Bet on Golf
Betting on golf is a straightforward process that you can effectively carry out on any reputable bookmaker. To place a bet on a golf match, follow these sequential steps:
- Choose a Reliable Bookmaker: Review the top Golf betting websites and select the ideal bookmaker.
- Understand the Odds: Scan the available odds and compare the market prices offered by the bookmaker.
- Select Your Tournament: Pick a suitable golf tournament, such as The Masters, The Open Championship, or The US Open.
- Research the Golfers: Conduct extensive research on the golfers and find out their current form.
- Place Your Bet: Add your market to the bet slip, whether it’s the Outright Winner, Round Leader, or Match Winner.
- Follow the Action: Watch the golf event as it unfolds to see if you are likely to win.
- Cash Out or Let It Ride: If the odds are in your favor or you suspect a loss, you can cash out your bet to secure higher winnings or prevent a loss.
- Collect Your Winnings: After the golf match results are determined, wait for the operator to disburse the money into your account.
Explaining Common Golf Betting Markets
Understanding betting markets is crucial when placing bets on golf. Grasping the meaning and usage of each type of bet will help you make informed predictions. Here is a detailed list of popular golf betting options you should know before placing single and ACCA bets online:
Outright Winner
This market involves betting on an individual or team to win a tournament, such as the PGA Championship or the Ryder Cup. This is a long-term bet. For example, you might bet that Jon Rahm will win The Masters.
Top-Five or Top-10 Finish
This market allows you to bet on a golfer or team to finish in the top 5 or top 10 of a tournament. As a long-term bet, it often offers high odds.
For example, you might predict that Cameron Young will finish in the top 5 or top 10 at the PGA Championship.
Head-to-Head Matchups
In this type of bet, you choose the golfer who will have a higher score in a specific round or tournament. Instead of betting on a player against the entire field, you bet on the outcome of a matchup between two (or sometimes three) golfers.
For example, you might predict that Rory McIlroy will have a better score than Callum Shinkwin in a match at the PGA Championship.
Round Betting
This is a short-term market where you bet on the outcome of a specific round rather than the entire tournament. You can bet on a player’s score in a particular round, often in an Over/Under format.
For example, you might bet that Min Woo Lee will score over 71.5 strokes in The Tour Championship.
First Round Leader
This market allows you to bet on which player will be leading after the first round of a tournament. This is a short-term betting option.
For example, you might bet that Brooks Koepka will be the first-round leader at the PGA Championship.
Group Betting
In this type of bet, you wager on which golfer will have the highest score within a specific group, usually up to 5 players. Bookmakers may provide a list of top European golfers in professional tournaments.
For example:
- Sergio Garcia – 1/8
- Luke Donald – 1/7
- Henrik Stenson – 1/6
- Rory McIlroy – 4/1
Your task is to predict who will achieve the highest score within this group.
In-Play Betting
In-play or live betting allows you to place bets on events occurring during an ongoing golf match. This market can include Total Rounds or Round Leaders.
For example, during an ongoing FedEx Cup match, you might bet that Viktor Hovland will lead after the first round.
Proposition Bets (Props)
Prop bets are wagers on events that do not directly affect the final outcome of the match. Bookmakers can offer various side bets on golf, such as:
- Will Dustin Johnson avoid a bogey?
- Will the course record be broken? Yes or No.
Understanding each of these markets will help you make more accurate and effective betting decisions.
Conclusion
In conclusion, mastering how to bet on golf involves understanding the various betting markets, conducting thorough research on players and tournaments, and making informed decisions based on current odds and statistics. By following a structured approach—selecting a reputable bookmaker, familiarizing yourself with betting options such as outright winners, top finishes, head-to-head matchups, and in-play bets—you can enhance your betting experience and increase your chances of success. Whether you’re aiming for a long-term investment or seeking immediate thrills, the key lies in being well-prepared and strategic. With this guide, you are now equipped with the essential knowledge to confidently place your bets and enjoy the excitement that golf betting offers.
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