For example, if the odds were +, you would need to wager $ in order to win $ (overall payout of $). The larger the value of the odds are, the larger. If a customer wagers on McIlroy to finish in the top five at + and he finishes in fifth place by himself, the customer will win their bet with + odds. If. When placing a golf bet on the outright winner, you are wagering on odds for a specific golfer to win the golf tournament that week. You can also wager on. Odds vary depending on if one of golf over under betting players is a heavy favorite over the others. If the bet is on the top Australian golfer, you might see Marc Leishman as.
A minus bet is seen as one with more probability of success, usually attributed to the favorite in a matchup. This scales with your unit size. Now you have a grasp on the odds … what about the golf betting markets. Here are some of the more common ones you can encounter.
This is a popular market where you are quite simply trying to pick the tournament winner. This market is generally open a few days before sometimes longer the tournament begins and remains open at major sportsbooks throughout the contest. With as many as players in some PGA TOUR events, trying to find a winner can be tricky — but it also offers longer odds than the majority of sports.
Even the favorites can often be at relatively high odds, i. Given the high number of competitors in golf tournaments, it is also common to see place markets. You will see odds become shorter but obviously, it becomes more likely for a player to finish in the top five, 10, 20, 30 or 40 on the leaderboard. So be aware, your potential profits could be lowered further in this case.
While most golf tournaments are individual contests, sportsbooks will often match up players of similar odds together to give a head-to-head battle to bet on. These battles can be two players pitted against each other for the full tournament or over just one specified round. Whichever golfer scores better either over that round, or the tournament, wins the matchup.
This is a bet on who will lead the tournament after a specified round. First Round Leader is a common market with high odds, while the results of early rounds obviously affect the subsequent leaderboard odds based on previous play. This is pitting players from the same nation, or region against each other for the tournament. Who will be the top American on the leaderboard, or Australian or Contintental European?
You can bet on an ace in a tournament, a specific round, or even an ace by a specific player. The betting operator will set a mark for an individual round — say The main wagering option for a golf tournament is choosing the tournament winner. Golf over under betting All players in the tournament will be a wagering option for any tournament.
This is an enticing part of placing wagers on golf as usually when customers are wagering on favorites, they aren't getting six-to-one or odds. Placement position wagers are a great part of learning how to bet on golf effectively. These give customers the option to decide whether players will finish inside the top five, top or top Obviously, choosing one of these returns a smaller payout than picking a player to win the tournament outright, but golf tournament victories are hard to come by, as most players only win one-to-three tournaments per season.
This is also a good way to create an insurance for a customer's selection that will keep money in their account if they select a golfer who comes close but does not finish in first place. Top five, top and top selections will spit out plus odds for most golfers in the tournament, but a couple of the favorites may be minus odds in a top market selection.
An important thing to note when thinking about how to bet on golf for these markets is it is often that the dead-heat rule applies. If there are three golfers tied for fifth place, the McIlroy top five payout will be divided by three. As mentioned earlier, there aren't many sports routinely paying out , , or even or higher payouts for one day of action of a sport, but golf's first round leader market provides this.
Usually, long shots come in the form of season-long future bets where customers must wait an entire season to reap their rewards, but an FRL first round leader bet can get someone there in one day. Instead of selecting the winner of the golf tournament over the usual four-day span, this wager is selecting the golfer who is in first place after the first round is over.
Dead-heat rules almost always apply to this market, so the winning payout will be divided by how many players are tied for first place after the first round. For example, if Jon Rahm went off at to lead after Round 1 and finishes in a three-way tie for first, the payout is There are a few factors to consider when trying to select a first-round leader winner.
Although it may look daunting seeing almost 80 golfers in an event and having to pick a select few, customers can eliminate most golfers by paying attention to the weather, the style of golf course, the course conditions, and other player trends. For example, if the players teeing off from 7AM to 11AM play with little-to-no wind, and the afternoon groups may catch heavier wind and light rain, it could steer someone in the direction to choose a player from the early pairings.
The opposite can be true where it may be 50 degrees in the morning, but a beautiful degree perfect weather afternoon between 1PM to 4PM where it may be easier to score. For those into advanced stats, player trends can also lend a hand in selecting a first-round leader for a golf tournament. First-round scoring or first-round strokes gained off the tee are golf stats readily available to the public, as some players may start out strong throughout an entire season but do not score as well in the later rounds.
There are a few versions of matchup betting that will be seen on a golf wagering page. Head-to-head matchups between two golfers can be for one round, or the entire tournament. It is important to get familiar with the sportsbook operators user experience, so a customer knows which market he or she is trying to place wagers on.
These prices will have lines like baseball games, usually providing a favorite option and an underdog option. These are useful when a player has a strong course history or has a preferred putting surface putts better on poa greens compared to bentgrass greens. There will also be group betting markets, where a customer will have to select one of three players in the group the players are in.
These odds selections will normally be higher payouts for customers because a customer is selecting one out of three golfers instead of head-to-head matchup between only two golfers. Like most sports, there are golf props to check out as well.