Some Golf Action: A Beginner’s Guide to Golf Betting
Golf was one of the few sports that was able to continue operations when all else came to a grinding halt in 2020, and as a result, golf viewing and wagering numbers significantly increased in the past two years.
Golf is in the unusual position to offer plus odds alternatives week in and week out, which is alluring to consumers hoping to earn a greater payout on a smaller bet. This is in contrast to other major sports in which customers place wagers on strong favorites or spreads.
Learning how to bet on golf and developing into a knowledgeable golf bettor can pay off in ways that betting on other sports may not be able to. Long odds are available for bets like first round leader and tournament winners, and placement bets can also pay very well and allow you some wiggle space.
Picking the tournament winner
Picking the winner of a golf tournament is the main golf betting option. Every participant in the competition will be an available wager for any tournament. You can even take advantage of special offers, like the 22bet promo code, to place a wager on the winner of a golf tournament.
Betting on golf tournament winners is quite easy to do. Depending on the calibre of the competition in the week of said tournament, the odds for the favourite pick in a golf tournament, for instance Brooks Koepka, will range from +500 to +1000. In tournaments like the PGA Masters and the U.S. Open, these odds can be even longer.
This is an alluring aspect of golf betting because, typically, consumers who bet on favorites don’t receive six-to-one (6-1) or 10-to-1 odds.
Placement position bets
Wagers on placement positions are a crucial component of developing good golf betting strategies. These allow buyers to choose whether players will place in the top five, top ten, or top twenty.
Golf tournament triumphs are rare, with the majority of players only winning one to three tournaments each season, thus selecting one of these will obviously yield a lower payoff than selecting a player to win the competition completely. This is also an effective approach to establish insurance for a customer’s choice, which will keep money in their account if they choose a golfer who finishes in the top three but falls short of the first place.
Most golfers in the competition will have plus odds in the top five, top ten, and top-20 selections, but a few of the favorites might have minus odds in a top-20 market option.
It’s vital to keep in mind that the dead-heat rule frequently applies when deciding how to wager on golf for these markets. Customers who bet on Rory McIlroy, for example, to place in the top five at odds of +100 and he finishes in fifth position by himself win their stake at odds of +100. However, the McIlroy top-five payout will be shared by three if three golfers are tied for fifth place.
First round leader wagers
As was previously said, not many sports regularly offer 30-1, 40-1, or even 50-1 or greater rewards for a single day of play, but the first round leader market in golf does.
In contrast to season-long future bets, which require clients to wait an entire season for their winnings, a FRL (first round leader) bet can get someone there in just one day. This wager picks the golfer who is leading after the first round, as opposed to picking the event winner over the standard four-day period.
The winning payout will be divided by the number of players who are tied for first place after the first round, as dead-heat rules almost always apply to this market. For instance, if Tiger Woods starts as a 15-1 favorite and ends up in a three-way tie for first, the payoff is 5-1. You’ll succeed if you develop your golf betting skills with an emphasis on first round leader golf bets.
Matchup betting
There are many matchup betting options that may be found on a golf betting page. Golfers can face off against each other for a single round or the entire tournament. In order to identify which market one is seeking to place bets on, a customer should become familiar with the sportsbook operator’s user interface.
Similar to baseball games, these prices will have lines, which often offer a favorite option and an underdog alternative.
For instance, Jon Rahm has a -120 advantage over Collin Morikawa, who is at +110, both overall in the tournament and each round. These are helpful if a player has a solid track record on a course or a favorite putting surface (putts better on poa greens compared to bentgrass greens).
Group betting markets will also be available, requiring customers to choose one of three players from the group they are a part of. Because consumers are choosing one out of three players rather than a showdown between only two golfers, these odds selections typically result in bigger payouts for them.
