Online Golf Betting »
Golf, played with a metal club and ball, has been established as a gentlemen's sport for many years. Developed in Scotland, it takes more than a heavy swing to get through 9-18 holes of green fairways, blistering sand traps, and tricky putting greens. It may not seem like much to wager one, but bookmakers see golf as a profitable betting market.
Whether you want to place a straight wager on a golfer, play the field or bet a multiple-player there are plenty of chances for you to make par on your initial wager. A few different types of golf betting include future betting, head to head tournament betting, and prop betting. Future betting allows you to bet in advance on a specific golfer playing in a tournament. Head to head betting can leave you biting your nails right up until the end as you wait to see who, out of two golfers, will finish better. Finally prop betting involves betting on anything that doesn't have to do with the final outcome of a tournament or round. So grab your clubs, tee up, and see if your caddy has any good betting tips.
Golf Betting Overview: Markets, Strategy & Stats
One of the few sports to be played almost 365 days a year, golf continues to bring in serious crowds from around the world. Golf betting is itself a burgeoning market – one that has benefited from the increase in television coverage of the sport in recent years.
In the long term, punters can back the player they think will top the US PGA Money List or the European Order of Merit at the end of the season by accumulating the highest number of points. In the more popular short term, they can simply try to predict the outcome of a particular tournament.
For tournament betting, websites such as Paddy Power and Ladbrokes offer markets such as the option of betting on which group of players (normally five) will perform best throughout the contest. Such a market is excellent for those looking to back an underdog to perform well against the odds, but who hasn’t quite got the legs to go all the way.
Other online bookmakers like bet365 and Totesport also offer the opportunity to bet on which players they think will make the cut. This, in a four day tournament such as The Open, is when the under-performing players drop out of the contest after two days, allowing the others to fight it out over the remaining two rounds. For example, at The Masters, players have to be either within 10 strokes of the leader’s score or within 44 places of the lead at the end of play on Day 2 to have a chance of continuing over the weekend. This market often throws up a few surprises, though its odds are generally fairly restrictive.
Obviously, the most common option in golf betting is backing the outright winner of a tournament. However, while it is easier to predict the leader in the overall PGA Money List because very few players have the consistency to perform day in, day out over the course of a season, tournaments are more difficult to predict. A player priced by online bookmakers at 50/1 could easily storm through the pack to take the trophy, while Tiger Woods or Rory McIlroy, probably closer to 7/1 or 8/1, could easily be eclipsed. This market, then, is largely wisely ignored by most golf bettors, except for when a healthy bankroll allows for a little extra expenditure.
An each way wager is probably a better option when golf betting on a tournament; most bookies will offer returns for those who place in the top five or six. Take careful note that some online bookmakers will only offer a ‘place only’ market, meaning your choice has to come in the top two for you to regain any capital.
More niche markets include who will be on top after each round, who will register the most birdies/bogeys, which Brit/American/ European will finish the highest and many more along these lines. Furthermore, punters will be given golf betting odds on how the rest of the field in a tournament fares against the best in the game – i.e. the top 5 in the current world rankings. This is the ‘Big Guns v The Field’ market, which could prove rather profitable if you back a member of the field to outperform the top players.
Golf betting odds, because of the unpredictable nature of the sport – especially in the short term – are usually long and highly profitable if the correct outcome occurs. However, outright markets are not always the easiest to get right, so more fun – and more profit – is likely to be had on the slightly more niche options.