Mastering Golf’s Each-Way Betting Market

Cian Kirby

May 7th, 2021

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Picking the winner of a professional golf tournament is hard — there are so many good players, so many variables out on the course, and so many things that can dictate who wins week after week. But there’s another way to bet on golf that provides a bettor with more options — and more chances of collecting a return.

“Each-way” betting allows a bettor to wager on a player not just to win, but also to “place” — which means finish in a top number of places, say seven or eight, the exact number to be determined by an individual bookmaker.

The odds aren’t as good as betting on a player to win, but chances of a bettor cashing in are much better. It's a great way of reducing risk while still having the chance to collect a massive return from the win part of the bet.

Bryson DeChambeau was a 16/1 shot to win the US Open in 2020, for instance, while his each-way bet (in this case, anywhere in the top eight) carried odds of 7/2. Making an each-way bet on a player you’ve already bet to win the tournament can result in a double payday if he ends up holding the trophy at the end.

Brand	Golf Live Leaderboard	Extra Places	Cash Out	Max Win Golf	Visit Site
	Yes	Yes	Yes	100000	Visit Site
New Customer Offer- Min deposit £/€/$10'with promo code: GET40 • Min odds 2.0 • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns. All Customer Offer- Promotion valid 11th June – 11th July • 18+ • Event & market restrictions apply • Minimum odds 2.0 • Free Bets must be claimed within 1 day and valid for 1 day. • Withdrawal restrictions, payment methods, country & full T&Cs apply.
	No	No	Yes	250000	Visit Site
Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. 18+. New players only. www.begambleaware.org
	No	Yes	Yes	100000	Visit Site
18+ New Customers Only. Bet must be placed using real money in combination with the Odds Boost Token. Offer applies to Sport bets only. Maximum total stake is £10. Each way bets are a maximum of £5 each way (£10 total stake). Customers have 60 days after registration to use the Odds Boost token. T&Cs apply. BeGambleaware.org

Watch Player Form

Each-way bets can also act as a kind of insurance, especially when partaking in bigger events like PGA Tour betting and Masters betting.

In the 2020 PGA Championship, Tony Finau was trading at odds of 20/1 to win and 5/1 each-way, meaning a bettor would have netted £250 on a pair of £10 wagers had Finau went on to triumph.

Alas, Finau finished fourth that year — but the bettor still would have won £50, more than doubling his initial investment.

It’s key to shop around, given that different sportsbooks can offer different odds and different terms on an each-way bet. A book that offers the top eight places in each-way golf betting can provide a bettor an advantage over a book that offers just the top six.

Make sure to be aware of a player’s form entering a tournament — if he’s battling an injury or some other issue, his strong past performances on that course may not be as relevant.

Brand	Sports with Antepost Betting	Cash Out	Special Bets	Antepost Multis?	Visit Site
	21	Yes	Yes	Yes	Visit Site
	22	Yes	Yes	Yes	Visit Site
	21	Yes	Yes	Yes	Visit Site

Look For Value

As always, research is key. A player’s number of top-five finishes in a season or at a particular event are easy to find and can be an invaluable guide in each-way betting.

Also take a look at a player's course history, which can often be a big pointer to the eventual winner. Jordan Spieth, for example, has finished inside the Top 3 in five of his eight appearances at the Masters making him a strong each-way candidate at Augusta National, although his odds won’t be as long as those of other players.

The goal is to find value, as in any betting situation. Golf research materials are readily available online, and each-way betting widens the pool of prospective betting candidates, allowing bettors to dig deep and unearth potentially lucrative finds for the tournament from the field that week.