Golf has always been a popular sport for betting, particularly in the United Kingdom and other parts of Europe. However, it is presently one of the fastest growing betting industries in North America. The PGA Tour has accepted gambling and is negotiating relationships with betting companies. This has resulted in increasing odds in telecasts and adding more betting markets to betting sites.
If you’re into golf betting, check our guide to help you understand how golf online betting works.
Whether you’re new to golf betting or seeking to improve your game, keep reading to discover more about how to wager on golf. Follow us for more golf betting news, tips, odds, guides, tips, and more.
How to Place a Bet on the PGA Tour
Golf odds are available practically every week on professional circuits like as the PGA Tour, making golf a year-round sport. The main PGA tournaments and team events such as the Ryder Cup are the most important events in golf betting:
- Masters Tips 2022: A Complete Betting Guide
- U.S. Open PGA Championship
- The British Open Championship (British Open)
- Ryder Cup
With more individuals betting on golf, the number of ways to bet has increased dramatically. With four-day events, sportsbooks are fast to provide new golf betting odds, providing possibilities beyond which player will top the scoreboard.
Golf Sports Betting Types
Golf, like major team sports, has a plethora of betting opportunities. The most famous market is predicting the tournament’s outright winner, but there are many other alternatives, including head-to-head contests and props.
Betting on the overall victor
The most common strategy to wager on golf is to predict who will win the tournament. Here are the odds to win the British Open on June 23, 2021, for example.
| Golfer | British Open Odds |
|---|---|
| Jon Rahm | +900 |
| Rory McIlroy | +1,100 |
In this market, Jon Rahm is a +900 favorite to win the British Open, which means you could profit $900 for every $100 gambled if Rahm wins at Royal St. George’s Golf Course. The odds for the favorite to win a golf tournament often range from +800 to +1,200.
Now consider someone who is further down the betting board, like as Rory McIlroy. If Morikawa wins his second major at odds of +1,100, a $100 wager would return $1,100.
Odds on each outcome
Each-way odds allow you to bet on a player to win the event while also finishing in a specific position, such as third or eighth. An each-way bet consists of two bets with distinct payouts. If a player wins the event, they will get payouts on both sides of the each-way bet. If they did not win but finished third, just the Top-3 side of the each-way bet would be rewarded.
You can wager on who will win the tournament, as demonstrated in the example above. These bets are often placed prior to the start of the tournament and are graded on the final leaderboard after four rounds. If sportsbooks offer live golf odds, you can also bet on the outright winner between rounds and during play.
Odds for head-to-head and three-way matches
Instead of betting on one player versus the entire field, you can bet on one player versus another in head-to-head golf betting odds, which work similarly to a moneyline. The oddsmakers will set odds on which player will finish first and second, and you can choose which player you believe will have the better tournament.
Golf odds in three ways Simply adding a third participant to the odds mix allows you to wager on which of the three players will finish higher at the end of the tournament.
Four more golf betting options
Totals for each round
The oddsmakers will determine a player’s estimated final score for the round, and you can wager on whether the player will finish with a score that is Over or Under that number.
Tiger Woods’ Round 1 score total, for example, may be 69.5. That instance, if you believe Woods will finish with a score of 69 or better, you should wager on the Under. If you believe Woods will shoot greater than 69 in Round 1, you should wager on the Over.
Prop bets on golf
Golf prop betting is one of the fastest-growing industries, with golf odds on anything from hole-to-hole results to odds on a hole-in-one and whether or not a player will make the cut. The big competitions, such as the Masters, U.S. Open, PGA Championship, British Open Championship, and Ryder Cup, have the most golf betting props.
Futures in golf
Futures odds to win big competitions, such as the Ryder Cup or the Masters, are frequently available far before the event week. Golf betting markets for major tournaments are active months before the first round begins.
Golf betting in real time
Most online or mobile sportsbooks will provide live golf odds as a tournament unfolds, continually changing to course results. This covers outright winner odds, round odds, and hole-by-hole odds for certain players.
Where to Bet on Golf Tournaments?
You can bet on Golf tournaments at any online sportsbook in the Philippines. However, not all sportsbooks offer the same services and vibe. If you want to place your bets safely, register at OKBET sports betting – One of the best sports betting in the Philippines and regulated under the Philippines Amusement Gaming Corporation, which means OKBET is legally operated. If you are 21 yrs old and above, you can bet on golf and any other sports betting events. Own the Win. Join OKBET now!
