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How to Bet on Golf
Basic Odds and Betting Options
The most common type of golf bet is to wager on which golfer will win a tournament. Let’s say Happy Gilmore is a real person and a favorite in every tournament he plays in – like Tiger Woods in his prime. A line for Gilmore would look something like this: +700
This indicates that Happy is a 7-1 favorite to win the tournament and you would need to bet $700 to win $100. Because he is the favorite, this bet requires you to wager more money on him. However, if you were to bet on an underdog in the tournament you would need to wager less and you’d see a larger payout if you won your bet.
Side Bets and Other Wagering Options
Many tournaments offer side bets in addition to betting on which golfer will win the tournament. These bets include head-to-head matchups as well as prop bets.
For example, a bettor who wants to wager that Roy McAvoy – Kevin Costner’s character from Tin Cup – will outperform Ty Webb – Chevy Chase from Caddyshack – at the British Open could bet McAvoy heads-up against Webb. A bet like this doesn’t take into consideration where these two fictional golfers placed in the overall standings. Instead, this bet would only cover which of the two finished with the better score.
This type of bet involves betting on the country a player is from instead of the player themselves. You could bet that the US will have a certain number of players in the Top 10 or that only players from China will be in the Top 20.
Match bets are wagers that you place on who will shoot the lowest score out of a two or three ball group. You can also make match bets on two individual players who are playing the same course but in different groups.
Golf Betting Strategies
One of the great things about golf is that on any given weekend, a new star can be born. The elite golfers will often be at the or near the top of the leaderboards, giving bettors a good chance to make a small profit by wagering on them. However, there are dozens of golfers right below the elite tier who can come away with a tournament win if they are getting the right bounces and sinking their putts.
Bettors should always be studying the field and getting to know as many golfers as they can. Aside from your top picks, you could also find some value picks who are primed for upsets with huge payoffs.
Even if you have your large bets on one or two favorites, you could also place smaller bets on live +3000 or +4000 plays that would pay off well even on small wagers. This knowledge will be especially helpful in smaller tournaments. Many of the top golfers skip the smaller tournaments, providing excellent betting opportunities for golf bettors who have a deeper understanding of the field.