Understanding Golf Betting: A Beginner’s Guide to Betting on Golf Tournaments
Golf remains one of the top sports globally with huge popularity across America and Europe. The rise of online gambling is only bringing this fact to life, as there are different wagers to stake on. You will find several pros and top-up-and-coming golfers to focus on in a tournament, including names like Dustin Johnson, Brooks Koepka, Tiger Woods, Bryson DeChambeau (aka The Scientist), among others.
If you’re a newbie interested in how golf betting works, this article is for you. We understand that the high number of options and markets can be intimidating. This beginners’ guide will enable you to learn the basics, bet types, and what factors should influence your wagering decision. Before betting, you need the plan to increase your chance of winning. We help by providing some expert strategies that could shape your route to win. This article ends with simple tips as you place your first-ever bet on golf. If you’re ready, let’s begin the journey.
The Basics of Golf Betting
In the American betting style, odds are written with a plus (+) or minus (-). Hence, a player’s odds come with either of these signs, showing the potential winnings from wagering on a golfer based on a $100 bet. If you place bets on Brooks and the bookmaker places odds of +800, you win $80 if you place a $10 bet on him to win. You’ll find these wagers on legal sportsbooks. Search the professional reviews of various sports betting sites by CasinoTop that are made to enable the New Zealanders to make informed decisions. Each wager comes with top bonuses with wide markets, including the masters and championship.
Another thing to keep in mind is tournaments available to place bets on. There are two main tours that bettors place wagers on. The first and most popular is the PGA, which is majorly played in the US. The other is The European Tour, with events scattered across Asia, Continental Europe, and the South part of Africa.
Types of Golf Bets
Now that we’re done explaining basic terminologies, it’s time to consider the golf bet types available. Due to the rising popularity of golf, there are several options available.
Outrights
The outright bets predict who the final tournament winner will be. Numerous events under the PGA usually feature 100+ golfers. Hence, tipping a golfer to win comes with the best odds and the highest potential money payout.
Matchups
These bets will determine who will win a round matchup. You should note this bet as a newbie golfer. For the matchups, favorites to win come with a (-) and the underdog (+) in front of their odds. Here, you can either stake on moneylines or spreads. With the spreads, you choose the total points a golfer will win or lose, otherwise known as a handicap. For moneylines, you predict who wins a particular round.
Finishing Position Bets
This option determines which golfers end in a tournament’s top 5, 10, or 20. Since the margins for error are low here, the odds and potential payout are less than the outrights. You will receive a half payout if a golfer shares a position with another golfer.
Props
The props cover many wagers on any golf event, and as stated, there are many golf betting markets. However, some are specific for players. For instance, a player decides to stake on what Brooks’s first-round score will be, whether over or under. Start with these types: the final champion’s nationality and head-to-head for the most successful player in a group.
Factors to Consider when Placing Golf Bets
As you prepare to place your first bet, pay attention to some pointers at play. Studying them will let you see what all golfers offer and what to bet on. Here are key issues to consider.
The Course
The golf course’s condition plays a huge role in how it is played. Venues that differ based on the sandy pitches of a full-blown green cause drama in the final resting place of the golf ball. It also matters as it influences a golfer’s playing prowess. The courses are affected by:
- Fairways
- Length, and
- Greens.
Weather Conditions
The next influencing factor is the weather, including the presence of hazards. The local conditions could determine the outcome, especially for windy venues with sparse tree presence. A course could also be difficult to play on if it combines with thick greens or narrow fairways.
Players
All players, including the professionals, have preferences. When evaluating this condition, you can confirm what grounds they have optimal performances. This includes the courses where they finished in the top ten or became a winner. Since almost all golfers have a long career, it is easy to work out their individual abilities, including strengths and weaknesses.
Strategies for Golf Betting
Generally, the key to becoming successful at sports betting has a strategy at hand. Here are four ways that you can apply to your wagering conditions. You’ll understand which tournament is more valuable than the other.
Know the General Form
One of the first questions any golf bettor should ask is this: what is the player’s form? Noting the recent finishes for all events, up to the event in question, will help rule out any golfer who performs below your expectations.
Know and Study Values
Each bet comes with its own value. However, you will be able to appreciate it when you have a strong idea of the statistics. We recommend going for the recent and season-long performances, which will give you an edge over the bookmaker. Consider the course’s accuracy and how smoothly a player can putt at the course. Everything revolves around the golf pitch, so base your statistics findings here.
Don’t Bet on Inexperienced Players
For the final strategy, avoid players without a trophy on their shelves. This is because it helps remove some pressure from the golfer in the long term of “keeping their card.” Hence, they have more leverage to choose which events they will participate in.
Easy Tips to Bet on Golf
Learning the art of wagering could take a while to master. Here are some expert golf betting tips that can help you in your journey.
Know the Bet Value
Your first learning point is understanding a bet’s value. As stated, each stake in golf betting covers a particular aspect. The odds attached are also based on the golfer’s winning chances. The key tip is knowing what the bets are worth and not placing higher stakes.
Look for the Best Odds
After knowing a bet’s value, compare the odds offerings. Online betting sites from CasinoTop come with some of the most competitive offers, which is essential to increasing your potential payout.
Conclusion
Staking on golf comes with a big leap of entertainment. The twists and turns are impressive but could be challenging at first. Understand the tours, as this will give you an idea of where the big golfers are. It’s also a great way to build your winning pattern. Before staking, remember to study the weather conditions, statistics, and player performance.
