Golf Betting Tips - Learn How to Bet on Golf

Conrad Castleton

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Last updated: 06 Apr 2024

Conrad Castleton 06 Apr 2024

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Understand all the main golf betting markets

Golf is a popular sport with the professional golf circuit dominated by the four major events - the Masters, the US Open, the Open Championship and the PGA Championship.

LIV Golf began in 2022 after attracting many of the top golfers due to the huge prize money on offer.

Betting in golf is becoming increasingly popular with a wide range of markets offered for tournaments on most weeks of the year.

Why Should I Bet on Golf?

Betting on golf can add excitement and interest to watching tournaments, whether it's a major, a regular PGA Tour event or LIV Golf event.

Golf offers more big-priced winners than any other sport due to the fact that there are usually over a hundred players that compete in each tournament. Most players can be backed at double figure odds which offers plenty of value.

Due to the nature of the sport, a tournament’s four-day format provides plenty of opportunities to bet In-Play. Some savvy punters wait until the cut is made at the halfway stage before placing their bets so they get a definite run for their money.

These are the main golf betting markets offered by bookmakers:

Outright Winner

Betting on which player will win the tournament.

Each Way

Betting a player to finish within a certain number of places (eg. top 5 or top 10). If the player finishes within the specified range, an each way bet means both the win and place bets pay out.

Top Finisher

Betting on a player to finish as the top performer among a group of players (eg, top American, top European.

Matchups

Betting on the outcome of a head-to-head matchup between two players over a specified number of rounds.

How Can I Win Money Betting on Golf?

Research Players and Course

It's essential to research players participating in a tournament and understand their form, past performances on the course and relevant statistics (eg. driving accuracy and putting average).

Factors such as course layout, weather conditions, and player strengths/weaknesses can influence outcomes.

Odds and Value

Check the odds offered by bookmakers and try to find value, which is opportunities when the probability of an outcome is higher than the odds. This is particularly useful for outright bets.

Bankroll Management

Manage your bankroll responsibly by setting a budget for your golf betting to avoid betting more than you can afford to lose. Consider using a staking plan to allocate your betting funds strategically.

Get the Best Odds

Compare odds offered by different bookmakers to make sure you are getting the best odds on offer.

Stay Informed During the Tournament

Stay updated on developments during a tournament including player performances and movement on the leaderboard. Adjust your betting strategy during the tournament if necessary.

Bet Responsibly

Betting on golf should provide entertainment. There are no guarantees of winning and if you feel that gambling is becoming problematic or causing financial distress, get help from gambling helplines and/or support groups.