Golf can’t exactly compare with team sports like NFL, NBA or MLB in terms of overall popularity. But there’s no denying the fact that it has a loyal crowd of diehard fans across the globe. Consequently, many online betting sites offer a wide range of golf betting options. These range from betting on the outright winner of a given match to combination bets, to golf futures.
Golf betting markets usually tend to differ from the betting options available for popular team-based sports. It only takes a few minutes to learn how each type of wager works. In fact, if you’ve been following golf for the past few years, odds are high you’ll become a fairly successful bettor right out of the gate.
Our guide to Golf betting online covers:
This type of golf bet is as simple as the name—Bet on the outright winner of the golf match.
Betting on the outright winner is the simplest way to take part in online golf betting. All you need to do in order to receive a payout is to predict who’s going to take the event. As you’d expect, online sportsbooks are well aware of the fact that not every player has the same chances of claiming the championship trophy. Consequently, each player is assigned different odds, which reflect their skill level/current rankings and give you some idea of what the potential returns on your investment might be.
When you click on the list of outright winner markets, you’ll see golf odds like this:
If you’ve ever tried betting the moneyline on other sports, the first thing you’ll notice is the fact that there are no negative/clear favourite lines here. This is due to the nature of golf.
In our example above, betting $100 on one of the contenders that are least likely to win, such as Johnson, Thomas or Fowler, is going to provide you with a chance to win between $450 and $600. However, if you bet on McIlroy, who’s expected to place high in the event and he ends up winning the entire tournament, you’ll get only $150.
Bet on the winner of match-ups throughout the entire event, and win if your golfer has the lowest score in his pairing.
Two and three-ball bets are more manageable than going for the outright winner, as you need to guess who will win individual matchups throughout each round of the event. In order for the bet to be successful, your golfer is required to have the lowest score in his pairing or group in a single round.
However, most sportsbooks will require the golfers to complete three holes or more for the relevant wagers to stand. Two and three ball betting is often picked over betting the outright winner by bettors who like to minimize the variance and risk. Making the right prediction with this type of bet is considerably easier, but the payouts are significantly smaller than outright tournament betting.
Top three golf betting is very similar to putting your money on the outright winner. However, in this case, you are wagering whether the golfer will manage to place in the first three of a tournament or not. As you’d expect, the odds offered on bets of this kind are somewhat lower. As a result, you should always compare the prices between the two in order to get the best odds and return on your investment.
Parlay your bets – Place multiple bets on golf, on a single ticket.
Parlay wagers in golf betting are no different from the combination bets offered in football or basketball. Basically, a parlay allows you to put multiple bets on a single ticket. However, there is a catch here, as all selections have to be covered in order for your parlay to payout. Consequently, if one of your predictions on a four-selection parlay is wrong, and the remaining three are right, you still won’t receive anything. The more selections you include, the higher the potential return on your real money investment will be.
Betting on golf futures requires you to predict the outcome of a specific event well in advance, rather than individual weekend bets. This means that the odds offered on wagers of this kind tend to be very high. For example, most sportsbooks allow you to bet on who will win the Ryder Cup or who will place on top of the PGA Tour Money List, well before the events begin.
In the end, the specifics vary according to the sportsbook so you should keep that in mind when making your deposit if you’re interested in making this kind of long-term commitment. It also pays to check out the safest online sportsbooks, so you can trust your money isn’t going anywhere.
Bet on different factors of the golf match, besides the final score. Think of these bets as something you can have a bit more fun with, things like if players will wear a certain colour or use a specific type of club.
Proposition bets, or prop bets, are wagers that don’t fall into any of the aforementioned categories. Props are a fun way to get a different type of action on the links and can provide you with an entertaining alternative compared to more serious bets. Most golf props are related to individual golfers, which means that in most cases you’ll have to guess whether someone will manage to score a hole-in-one, closest to the pin or who wins the hole.
Some examples of golf props you could make are ‘fun’ things like, “what colour t-shirt will the tournament champion be wearing?” and “what will the caddie’s cut of the winner’s purse be?” However, these types of props are typically reserved for high-profile tournaments like the Masters, so maybe keep these types of props until big-name events, like the PGA Tour or Ryder Cup.
Bet on players from specific regions or countries in the odds to win the match.
A nationality bet is a wager on a player from a specific country or region to win the tournament outright, or that a certain player will finish first from their country or region.
For example, you could bet on Louis Oosthuizen being the top South African player in the Masters. If he beats all other South African players, your bet would cash. You could also bet on how many players from the United States finish in the top 10. These types of bets vary between sportsbooks.
For those new to professional golf tournaments, they are made up of four rounds of 18 holes. Most tournaments have four rounds, usually played over four days (Thursday – Sunday, barring inclement weather). This allows for 72 holes of play.
In a first-round leader bet, you are placing a bet on the person that will have the lowest score of all the players after 18 holes of play. This is usually quite a hard bet to cash, and as such, you’ll get some great odds. The drawback is tournaments usually start off with about 150 players and an unknown player can simply catch fire and tear it up the first day.
A versus the field bet will come along once a tournament has started and a player is breaking away from the pack. The bet here is whether anyone can catch the leader, so you’re betting on anyone else other than the leader to go all the way
Sportsbooks often hold this bet until the morning of the final round and it is also a popular and frequent choice for live betting when the tournament gets down to its final holes.
It can pay to know the golf course the tournament takes place at.
This is because different golfers bring different skills to a course, and if you’re knowledgeable about each golfers’ unique skills & strengths, this can give you an edge when it comes to reading odds from the sportsbook. For example, are they a better putter, or strong straight from the tee? Knowing this leads to more informed golf betting.
Well, not exactly. In golf betting, dutching is when you spread your wager across among different runners in a tournament.
Dutching essentially means you create a stable of players to spread your stake and ensure a more ‘level’ profit. A strategy to build your stable is to consider each players’ stats and mix your stable up with a variety of strengths, players at different tee-off times and even simply checking what the weather forecasts at various points during the event you’re betting on.
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Yes, in fact, golf betting online is very popular among sports betting players. This is because there are several different ways to bet on the sport. From outright winner, to parlay golf bets to 2/3 ball, online golf betting offers a bet for every taste.
We’ve provided some of the best golf betting online sites for you to check out at the top of this page.
Hedging a bet is a common online golf betting practice. It’s a strategy that requires you to place additional bets to guarantee a profit regardless of your original bet.
An “each way” bet consists of two separate bets. Will the golfer win OR place? What determines if a golfer “places” varies by sportsbook; it could be top three or top five. Because there are two different outcomes that can be winners, you will have to double the amount of your bet. So, if you wanted to wager $25 on an each way bet, it’ll cost $50 to cover the win and place.
In short, “the field” refers to everybody participating in a tournament except for one specific golfer or a choice few. For example, a sportsbook may offer that you can wager on Dustin Johnson/Tiger Woods to win a tournament OR you can pick “the field” to win. If you select the field, if any other player besides Johnson and Woods win that tournament, your bet cashes.
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