Golf Betting Match Ups Before an event, sportsbooks like bovada will normally publish a group of match ups between big name golfers. You’ll be betting on one of the players to finish higher than the other over the four days. Sportsbooks try and match up golfers who are considered a similar ability, so the odds on both will be close. How to win money betting on golf With most tour events played over four days and 72 holes, big-priced winners are commonplace in golf but there are many subtleties to this fantastic betting sport.
Odds to Win
The odds to win or betting to win wager in Golf is the easiest and by far the most popular type of bet. The sports book oddsmaker will give the bettor money line odds on specific golfers to win a tournament or event, as well as odds on “the field”, which is an opportunity to wager on a collection of the golfers not given individual odds.
Example:
Unlike team sports, live betting in golf can come down to a single swing of the club to either make or break your bet. Let’s say you’re betting on the final round of the Masters, and two players are tied for the lead on the 18th hole — the difference of one stroke can lock in a win or guarantee a loss. Outright betting is the simplest way to learn how to bet on golf as the sports bettor simply predicts who will win the golf tournament and makes a bet on that outcome. If the golfer you’ve bet on. Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of +400, for every $1 you bet, you will win $4.
Odds for British Open:
Tiger Woods 1/1
Phil Mickelson 4/1
Fred Funk 14/1
David Duval 50/1
The Field (Any other golfer) 6/1
Albert doesn’t think any of the golfers listed will win the British Open. So, he makes a wager on “The Field” at 6/1 odds to win. For every $100 he bets, he’ll win $600 if a golfer from “The Field” wins the tournament.
Golfer Matchups
In a golfer matchup or head to head wager, the oddsmaker takes two golfers in a tournament or event and pairs them against each other. Sports books offer money line odds with one golfer being listed as the favorite and the other being listed as the underdog. In order to win a golfer matchup bet the golfer you select must finish the tournament or event ahead of the other golfer listed in the matchup.
Example:
Chad Campbell -130
Boo Weekly +120
In the above golfer matchup Chad Campbell has been paired with Boo Weekly and Weekly has been listed as the underdog and Campbell as the favorite.
Jake loves Chad Campbell in this matchup over Boo Weekly. So, if Jake was to place a wager on Chad Campbell -130 he would need to risk $130 for every $100 he would like to win. If Chad Campbell finished at least one position higher than Weekly at the end of the tournament, Jake would win his golfer matchup bet.
Group Matchup Betting
The group matchup betting wager is similar to golfer matchup betting, but instead of just a single head to head matchup, the sports book oddsmaker creates a matchup pool consisting of three or more golfers. The bettor then wagers on which golfer out of the pool he or she believes will win. Group matchup bets offer a higher payout than standard golfer matchup bets because the golfer you select must finish higher than all other golfers in the pool.
Example:
Tiger Woods +100
Phil Mickelson +150
Jim Furyk +170
In the above example there are 3 golfers listed in the group matchup betting pool. If Michelle wanted to bet $100 on Jim Furyk to win this group, Furyk would need to finish ahead of both Tiger Woods and Phil Mickelson. If Furyk was able to do that, Michelle would be paid $170 for her $100 bet.
Future Bet
A future bet is a bet made on an event which will happen sometime in the future. The oddsmaker will create odds for future events and a bettor can wager on how he or she thinks those scenarios will play out.
Example:
How many Majors will Tiger Woods win this season?
0 - 10/1
1 - 7/1
2 - 5/1
3 - 15/1
4 - 25/1
Matt believes Tiger is going to have a monster year and win four majors. So he places a future bet on “4 Major Tournament Wins”. If Tiger does win four Majors in 2008 Matt will win $2500 for every $100 he bet.
Betting on an outright winner in golf is exciting – but not necessarily always wise. The reason being is that the fields in golf are so vast, some 150 players can tee it up on any given weekend so to single out one player to win is a ballsy – although definitely not impossible – shout.
Obviously, that’s not to say that we don’t have a good idea who could win an event. Take the Masters for instance. A guy like Rory McIlroy is always going to be in the hunt for the Green Jacket, like his 2020 Masters odds suggest, but whether or not he can get it over the line is another matter, but there’s every chance that should he fall at the last hurdle, he might indeed finish in the top six which is why each-way golf betting is such a winner.
With that said, however, Augusta National is slowly becoming McIlroy’s kryptonite come to think of it so maybe he actually isn’t the best example given that the 24 handicap at your local course is likely to win the Masters before the Northern Irishman. With his Masters’ demons in mind, maybe we should all come to terms with McIlroy remaining a mystery for the duration of his career.
How Does Betting On Golf Workouts
Anyway, enough with the condemning of an otherwise very likeable fella, the point stands about each-way betting though and it’s massive benefits.
How to Calculate an Each-Way Golf Bet
Essentially, the way to look at an each-way-golf bet is one bet to win and another bet to place all on the same slip. So let’s say you want to place a £10 each-way bet on Sergio Garcia to win the Open Championship next year at Royal St George’s. The fiery Spaniard is at odds of 50/1 to win in the latest 2020 Open Championship odds but enticingly, he is at odds of 10/1 to place in the top six as the place odds are 1/5 of any player’s outright odds.
So should Garcia pull off a win then you would walk away with a cool £620. But if he were to channel his inner Jean Van de Velde and crumble when victory looks the only option and finish between second and sixth, then you would claim £110 still. Which all things told, is better than a sharp poke to the eye and more than enough to replace the remote that is currently on top of the neighbour’s roof courtesy of a Garcia double bogey on the 72nd hole.
Now, there are more ties in Golf than there are at a Christmas sale at Marks and Spencers. Obviously there can only be one winner but after that, the pack is about as bunched as a Neil Warnock defence at the Etihad. This means that should Garcia come tied third with four other players than you would divide the £10 each-way stake by four as well as the odds of 50/1, this would mean £2.50 multiplied by odds of 12.50 and that would give you a return of £31.25.
How to Place an Each-Way Golf Bet
Vegas Betting On Golf
Placing an each-way golf bet is the easy part.
- Simply head to the tournament of your choice
- Find the player that you feel can get the business done. Once identified, click the odds beside their name
- Then tick the box that reads ‘EW’,
- Finally, just enter in your stake and click ‘Place Bets’
There you have it, you are now covered in case your player does not finish on top of the pile so long as they don’t finish outside the top six.