Golf Betting Sites checklist
When you place an “each way” bet in golf, you are essentially dividing your wager in half. One half is placed on the golfer to win the competition, while the other half is placed on the same golfer to finish in the top 5, top 6, or however many places the sportsbook is paying out.
Traditionally, the golfer needed to finish in the top five for that portion of your wager to be successful, as this was the typical number of places rewarded. However, many bookmakers now offer additional places, sometimes up to 10, which significantly increases your chances of winning.
First-round leader specials
Several golf betting sites offer promotions centered around the first-round leader. While not all bookmakers provide these specials, if you place a bet on a player to win the tournament outright and they are in the lead after the first round, you may be eligible for a free bet or an early payout if the offer is particularly attractive. These promotions can add an extra layer of excitement to your golf betting experience, and it’s worth keeping an eye out for them when choosing where to place your bets.
Enhanced odds
Enhanced odds or price boosts are not specific to golf, as many bookmakers offer improved odds on a wide range of sports on a daily basis. When it comes to golf, enhanced odds can increase the likelihood of a particular player winning or placing. Many golf betting sites group players together, such as Bryson DeChambeau or Rory McIlroy, as favorites to win. By taking advantage of enhanced odds offered by bookmakers, you can potentially increase your winnings if your chosen player performs well.
Free bets
Free bets are a common offering from online betting firms, whether as part of sign-up promotions or ongoing customer rewards. While these free bets may not always be exclusive to golf betting, they are often eligible for use on golf events. This provides a great opportunity for golf betting enthusiasts to place additional wagers without risking their own money. It’s important to carefully review the terms and conditions of any free bet offer to ensure that you are eligible to use it on your preferred golf betting markets.
Betting on Golf Tournaments
Strokeplay tournaments are typically held over four days at the same golf course and can involve over 100 players competing against each other. After the first two days, the number of players is usually reduced through a process called the “cut,” where the lower-performing proportion of the field is eliminated from the competition.
Selecting the outright winner of the tournament is the most common type of golf market. Due to the large number of golfers participating, favourites are usually priced around 10/1. On the other hand, outsiders are often available at odds of 250/1 or higher. The favourites are typically familiar names who rank near the top of the World Golf Ranking, such as Jordan Spieth, Rory McIlroy, or Scottie Scheffler. By placing a bet on the outright winner, you can potentially earn a substantial payout if your selected player performs well throughout the tournament.
Picking the outright winner of a golf tournament can be challenging due to the large number of players involved. Even experienced bettors may struggle to identify successful outright winners. However, each-way betting is a popular alternative that can be more lucrative. It allows bettors to select a player who performs well in the tournament, even if they don’t win. This type of betting can be a smart choice for punters who want to increase their chances of earning a payout.
Bet Types
Each Way Betting and Extra Place offers
When placing an each-way bet, your stake is divided equally between an outright win and the player being placed. The bookmakers will determine the number of selected places in which the player must finish in order to be considered “placed.” Typically, bookmakers offer 1/4 of the odds for a top-five finish. However, enhanced place terms are often available, especially during the Majors, where bookies may offer six, seven, or even ten places for each-way terms
Other types of Golf Bets
In addition to each-way and outright winner betting, there are several other popular golf betting markets. These include First Round Leader, Player to Miss the Cut, Top 10/Top 20 Finish, and various match bets.
The First Round Leader market involves predicting which golfer will be in the lead after the first 18 holes. Since it’s difficult to maintain consistency over four rounds, the odds for this market are often longer for tournament favorites compared to the Outright Winner market. The overall performance of players is usually averaged out over the course of a tournament, with the best players consistently achieving better scores.
Match bets allow punters to wager on a head-to-head competition between two players, even if they’re from different groups. This makes for an exciting and engaging way to watch golf.
March Play and Team events
In match play tournaments, the outright winner market remains the same, but the way in which the winner is determined is different. Players compete against each other in a knock-out format, with winners advancing to the next round until a final winner is decided. This format increases the popularity of match betting markets as players must outperform their opponents to progress, and draws are not an option.
The Ryder Cup and the Presidents Cup are examples of team events that feature match play format. In these events, two teams consisting of 12 players each compete against each other over three days. The format includes head-to-head matches between players or groups, with teams being awarded 1 point for a win and 0.5 points for a draw.
In these team events like the Ryder Cup and the Presidents Cup, the outright winner market focuses on the winning team, either Europe or USA. Nevertheless, individual markets such as Top Points Scorer remain available along with fun markets like a player to get a hole in one.