It’s a good time to learn how to bet on golf matchups and become a golf bettor with the sport giving young stars like Brooks Koepka, Jon Rahm and Justin Thomas a chance to shine.
There’s also women like Brooke Henderson and Sung Hyun Park who are becoming household names, making the LPGA exciting to watch too. From the Ryder Cup to the Masters, the British Open and the U.S. Open, golf gives bettors something to wager on year-round. There’s also that Tiger Woods guy. You may have heard of him.
How Does Golf Betting Work?
With all the excitement surrounding the golf world, you’re probably thinking: “How do I bet on golf?” Well, whether it’s your first time with sports betting having golf betting explained or you’re a seasoned pro, getting a firm understanding of how to bet on golf online and how to read golf odds can help you make smart bets.
Basic Odds And Betting Options
Let’s start with the basics of golf betting tips so you can start winning quickly after learning how betting on golf works. The most common type of golf bet is to wager on which golfer will win a tournament. Let’s say Happy Gilmore is a real person and a favorite in every tournament he plays in – like Tiger Woods in his prime. A line for Gilmore would look something like this: +700.
This indicates that Happy is a 7-1 favorite to win the tournament and you would need to bet $100 to win $700. However, if you were to bet on a long shot in the tournament, you’d see a larger payout if you won your bet due to the golfer’s longer odds.
Golf is unique for many reasons, but one of them is the significant number of betting props available.
Sportsbooks go all out for major tournaments, offering odds on things like whether there will be a hole-in-one, OVER/UNDERs on the winning score for the eventual champion and odds on golfers to make or miss the cut, to name a few. Similar to other sports, prop bets are a fun way to enhance your betting experience.
For these examples we’ll use Northern Ireland’s Rory McIlroy, one of the best golfers on the planet:
This type of bet involves betting on the country a player is from instead of the player himself. For example, sportsbooks will sometimes list props such as “Nationality of the eventual champion.” If Dustin Johnson, an American, goes on to win that tournament, bettors who selected a U.S.-born player to emerge triumphant would cash.
You can also make bets surrounding players from the same country. Books will offer odds like “Which Australian player will have the lowest score?” If Jason Day, Marc Leishman and Adam Scott – all Aussies – are playing in the same event, you can wager on which man will finish with the better score of the bunch.
The majority of golf events start in groups of three, so sportsbooks will give bettors the option of picking whichever golfer they think will have the best score of the group in a specified round.
Three-ball bets will be decided at the end of that round, so bettors won’t have to wait until the tournament is over to collect their potential winnings.
If at least two of the members of the group are tied for the lowest score after 18 holes, the three-ball bet is lost.
Head-to-head matchup bets are especially fun because they pit two players against each other based on the individual rounds as well as the overall tournament matchups. If Justin Thomas and McIlroy are both in the field at a tournament, their odds to win the matchup would likely be even at -110 apiece.
Match bets are wagers that you place on who will shoot the lowest score out of a two- or three-ball group. You can also make match bets on two individual players who are playing the same golf course but in different groups.
Live betting has been one of the fastest-growing forms of wagering across all sports in recent years, and it’s no different in the golfing world. 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 gained can lock in a win or guarantee a loss.
If you have an inclination on who you think is going to win, you can place a live bet on that golfer before he even tees off to increase the stakes. Live betting can be done throughout a golf tournament on outright winners, and it’s a nice alternative if your pre-tournament wagers failed to come to fruition.
Golf futures betting is a great way to lock in your picks well before an event begins. Knowing how futures wagers work is essential when figuring out how to bet on golf tournaments. It’s an excellent method to capitalize on value months in advance, as your bet won’t be subject to any further odds moves the sportsbooks make before the tournament.
If a player you think is going to go on a hot streak is +5000 to win the Masters in January, you can bet him immediately. If he plays well down the stretch and is +3000 before play begins at Augusta National, you’ll still have him at the +5000 number.
It can be frustrating to see the money tied up in your account months ahead of time, but the potential payoff can certainly be worth the wait.
Golf Betting Strategies
One of the great things about golf is that on any given weekend, a new star can be born. The elite golfers will often be at or near the top of the leaderboards, giving bettors a good chance to make a small profit by wagering on them.
However, there are dozens of golfers right below the elite tier who can come away with a tournament win if they are getting the right bounces and sinking their putts.
Bettors should always be studying the field and getting to know as many golfers as they can. Aside from your top picks, you could also find some value picks who are primed for upsets with huge payoffs.
Even if you have your large bets on one or two favorites, you could also place smaller bets on live +3000 or +4000 plays that would pay off well even on small wagers.
This knowledge will be especially helpful in smaller tournaments. Many of the top golfers skip the smaller tournaments, providing excellent betting opportunities for golf bettors who have a deeper understanding of the field.
These pages will help you handicap your golf bets:
Odds Shark’s Golf Pages
Where To Bet On Golf
Now that you’re up to speed on the various ways to get your money in on the links, it’s important to find the sportsbook that’s right for you. Finding the right book can be daunting at first, but that’s why we at Odds Shark are here to make it a seamless experience.
How To Sign Up At A Sportsbook
To start, head over to our best golf sites page. Once you’ve decided which sportsbook you’re going to go with, click the Join or Sign Up prompt to carry you through the registration. From there, you’ll be asked questions such as name, date of birth, email and address.
Next, it’s time to make a deposit. Most sites will offer a welcome bonus, which often matches your initial deposit up to a predetermined amount. Some even go as far as matching 100 percent up to $200 for first-time depositors.
Along with excellent customer service, our recommended top golf betting sites also offer easy cash-out options.
To get your money in, you can choose from deposit choices like Bitcoin, credit cards, PayPal or e-transfer/online interac. Signing up at a sportsbook is a fairly simple process that only takes a few minutes. All of the books we recommend are safe and secure to make transactions with.
Check out our reviews of the safest and best online sportsbooks to bet on golf by visiting our best golf sites page.
How To Bet On Golf FAQ
When Is The First Major Golf Tournament In 2022?
The first major golf tournament in 2022 is the Masters from April 7-10 at Augusta National Golf Club. Some of the most decorated golfers of all time like Tiger Woods, Phil Mickelson and Arnold Palmer have won the Masters. For a full betting breakdown of the 2022 Masters, check out our betting preview.
Where Can I Find More Golf Betting Content?
We at Odds Shark offer plenty of golf content for you to make some money when wagering on the links, with weekly previews for all tournaments. These breakdowns outline the latest odds for the top golfers in the field and other useful handicapping information. Head over to our PGA Tour page to see the latest up-to-date golf articles.
Where Can I Find The Latest Golf Odds?
Looking for more information on golf odds? You've come to the right place. Our golf odds page has you covered with odds and futures regarding both weekly non-major tournaments and the four major championships: the Masters, PGA Championship, U.S. Open and Open Championship.