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Betting on the PGA Championship

This year’s PGA Championship is a big one because it will mark a century since the founding of the Professional Golfers Association of America. The 98th PGA Championship is being held at the Baltusrol Golf Club in Springfield, New Jersey and while it is usually held the weekend before Labor Day, this year the championship will be held from July 28 to 31 due to golf’s mighty return to the 2016 Summer Olympics in Brazil.

Bettors need to be prepared going into the golf season’s final major championship. We have all of the best PGA betting news and odds right here at your disposal:

100 Years of the PGA

Before the PGA was established, the United States Golf Association (USGA) was formed in 1894, and governed all aspects of golf, including courses, clubs and facilities for the United States and Mexico. That was until 1916, when the Professional Golfers Association of America was formed in New York City, and began conducting all professional golfing events on U.S. soil. It was in that year that the PGA Championship was held in Siwanoy Country Club in Bronxville, New York. Today, the Professional Golfers Association of America has grown to over 28,000 members and is headquartered in Palm Beach Gardens in Florida.

Initially, the tournament format started out as a match play event, where finalists could play up to 200 holes in a one-week period. In 1957, the event began losing money and they switched to stroke play for the following year, with the standard 72-hole format of 18 holes per day over the course of four days.

Betting on the PGA Championship

Looking to learn how to bet on the PGA Championship? There are plenty of opportunities to get in on the betting action approaching and during the event. Beginner bettors should be aware of the betting options and types available to make the best golf betting decision for them.

Betting options include:

Futures/Outright Winner:

Before the event, you may place a futures wager on which pro will win the PGA Championship. Correctly predicting the winner of the tournament can pay off in a big way – especially if there’s an upset, or one of the underdogs takes home the Wanamaker Trophy. Odds change fairly quickly, especially after the three majors prior to the PGA, so it is best to do some research and choose wisely.

Match Betting:

Early in the PGA Championship, within the first two days, golfers are divided into groups of three, which is also known as “3-ball betting.” The same thing happens on the fourth and fifth day, where they are divided into groups of two, or pairs, which is called match betting. Bettors are tasked with predicting which golfer within the group will have the best score for the given round in the PGA Championship.

Group Betting:

When group betting at the PGA Championship, bettors are looking to predict the player with the highest placing at the end of the 72-hole tournament. Groups usually have five players from the same category, based on the odds for the event or world rankings.