Betting Golf 2020: Odds & Strategies
Golf is beloved by many because of how precise the competitors have to be in order to have success. Hitting shots from long distances, golfers need to use the proper clubs and put the perfect spin on the ball to achieve the desired result. When it comes to betting golf, the situation is very similar. Bettors need to use a combination of analysis and knowledge to make the best picks that they can in order to end up winning money betting the tour. In this guide to golf betting, find out more about how to bet on golf games and wagering on the PGA Tour and other key golf events like the FedEx Cup and what strategies you can use to put yourself in the best position to win money.
- Bettors can bet on single rounds or full tournament odds
- Ability to pick tournament winners or other markets
- Futures wagers tend to carry most profitable odds
How does golf betting work?
When betting on golf, there are a few different options that sports bettors can take advantage of in hopes of earning some money. We will get into the different types of golf betting odds a little later in this guide. But the thing that all of those betting markets have in common is the fact that sports bettors are picking a player to outperform different golfers on the course. There are some exceptions to this, but that is largely the way that golf wagers are structured.
To place a golf bet, the player should be logged into the golf betting website of their choosing. From there, they can select the golf betting odds menu at their preferred online bookie and go through the list of betting odds that are available to them. Once that step has been completed, a bettor can select the bet that they want to make and choose their stake amount that they want to risk on the matchup. Once they have finalized the bet, all that is left to do is sit back and watch the bet play out by watching the golf action unfold.
Of course, there are a lot of things that go into making a golf wagering selection, which we will get into later in this guide. But the structure of each golf bet is the same and will follow the process listed above, as wagering on golf is easy to do while deciding what to bet on is the hard part.
What kinds of golf bets can I make?
Golf bettors can choose from a large number of golf wagering options, with odds ranging from tournament winners to where a player will finish in a tournament to even more exotic bets. Here is a look at the different golf betting markets that are available to those who choose to do some betting on golf.
- Tournament winner
- Finishing position
- Head to heads
- Prop bets
- Live bets
- Futures wagers
Many of the betting odds listed here are easy to understand. For example, the tournament winner odds simply ask sports bettors which golfer is going to win a tournament and the cup and money that go with it. Finishing position markets ask where on the leaderboard a golfer will finish when a tournament is said and done, with options like top-10 or top-5 being odds. And betting golf matchups asks players to choose between two golfers either for a single round or a full tournament.
It is some of the more exotic wagering markets that are where things get truly interesting. Prop bets might ask whether players will hit the ball into the water on holes with famous water hazards or whether a ball will be hit out of bounds by a player. Live wagering allows for live props regarding the outcome of single holes on the course or for updated tournament winner odds to be played in a live setting. And futures bets may ask who will win the FedEx Cup or other major championships well ahead of time. All in all, golf has a strong menu of betting options for sports bettors to pick from.
Important events during the golf season
Anyone who knows about golf knows that there are four tournaments that stick out above the rest as the most important in the sport. Those are the four major championships, which consist of The Masters, the US Open, the PGA Championship and The Open Championship. These four events are held in vastly different locations ranging from the West coast of the United States in some years to the United Kingdom in the case of The Open Championship and everywhere in between at some of the most challenging courses in the world. It is worth noting that The Open Championship is held early in the day in United States time zones because The Open Championship is held in the UK.
As a result of their standing as the four biggest tournaments on the schedule each year, major championships tend to receive more attention from a betting perspective as well. This comes in multiple forms, as sportsbooks are likely to have more comprehensive odds for these tournaments available, while sports bettors are also more likely to place bets on these events. Futures wagers on sentimental favorites like Tiger Woods are common during these championships, as fans want to see their favorite players reach the top of the sport once again.
There are important events that take place outside of the four major championships, of course, as bettors are able to bet on important tournaments like the match play championships, The Players Championship and the FedEx Cup playoffs throughout the year at many American betting sites. With the golf world getting excited about those events just as much as the majors, there is no shortage of betting options for them either.
Things to remember when placing golf bets
Golf betting is full of interesting things to remember for sports bettors who are looking to make a long-term profit. The most important of those things to remember is that not all courses are created equally. Some courses on the PGA Tour have much longer driving distances required for players to get the ball to the greens in regulation, while others are more about precision and the need for a golfer to have a solid short game. Knowing that different courses can play to the strengths of different players is essential to success when wagering on golf.
Also important to remember is the fact that weather conditions can play a huge role in the way that a golf course interacts with the shots that players are taking. While golfers aren’t going to stand out there and play in the middle of a storm, they are also impacted by things like wind and how dry the playing surfaces are. A dry putting green tends to be faster than one that has recently received rain, for example, which also gives some players an advantage over others depending on how the course is playing during each of the four days of a tournament.
Finally, it is important to remember that golf is incredibly difficult for those who are playing it. Even the best players in the world are capable of having bad weeks and struggling on the course. That is why it is often more important to find good value in the betting markets than it is to pick the best players in the world on a regular basis.
Betting golf tips and strategies
One of the most underrated pieces of golf betting strategy is to take a look at a player’s previous results while playing on a course. As we mentioned earlier, some courses just play to the strengths of golfers better than others, and finding and utilizing that information is something that often gets overlooked by those who watch and bet on the sport. Using that information to a bettor’s advantage is key, as it allows them to make the best possible decisions ahead of each tournament to maximize the betting odds as they stand.
Another valuable strategy is to find value in head to head matchups rather than always picking the winner of a tournament. It can be difficult to predict which player is going to emerge from a crowded field to win a golf tournament, but it can be easier to identify which golfer out of a field of two is on better form and poised to have a better day or a better tournament. The payout isn’t as handsome as picking one golfer out of the full field to win, but the results have a chance to be more positive.
Find the ideal golf betting site for you
Betting on golf is a great way to get closer to the game you love, but doing so at a sportsbook that doesn’t meet your needs is like trying to play golf without the right set of clubs. Instead, use our sportsbook comparison tool to check out different sportsbooks and compare them based on the criteria that you care about most. Don’t waste another minute, use our sportsbook comparison tool and get started on your sports betting journey today.