GOLF BETTING AND ODDS AT MAD MARKET

The game of golf has exploded in the past few years, with life-changing sums of money available to the best in the world.

A simple sport with nothing more than a stick, a ball, and a hole to aim at, golf has long been a popular attraction for bettors, as the pressure of big tournaments put players’ mental and physical skills to the test.

Check out MadMarket’s guide on how to bet on golf.

TOP GOLF COMPETITIONS

There are several golf competitions, with the men’s PGA Tour and DP World Tour played most weeks of the year, and the LIV Tour also hosting tournaments through the year. Outside of the regular events, there are four golf majors each year which draw the best players and the most interest:

  • The Masters: played every April in August, Georgia
  • PGA Championship: played each May in the USA
  • US Open: played each June, also in the USA
  • The Open: played each July, in the United Kingdom

In addition, there are men’s tournaments played on the lesser Challenger Tour and Korn Ferry Tour. On the women’s side, there are also multiple tours as well as five majors: the Chevron Championship, The Evian Championship, US Women’s Open, Women’s PGA Championship, The Women’s Open.

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MOST POPULAR GOLF BETTING MARKETS

Despite the apparent simplicity of the game, there are many complex traditions, rules, and peculiarities in golf that make it very different from other major global sports, like football. As a result, there are a number of specific sub-markets of golf betting odds that have become popular, alongside the traditional offerings.

  • Winner betting: The largest market in golf betting is the winner market. This is betting on the player you believe will finish the tournament at the top of the leaderboard. Due to the depth of the field in many golf tournaments, finding the winner can often throw up lucrative returns at good odds, which is why it is so popular with golf betting enthusiasts.
  • Each-way betting – Similar to winner betting is each-way betting. In golf betting, this is a safer way of backing a particular golfer, so if they win the tournament, you still achieve a lucrative return while getting a good return if they come in a certain number of places from the top. Often, these places can range from finishing within the top five to the top 12, usually based on the size of the field and the event. 

A good example of this would be an each-way bet in the Masters, which would often pay 10 places and over. You can still see big payouts from this type of betting, especially if you fancy a golfer at long odds to perform well without winning. There have been instances of players at odds of 251.00 and above having placed, which is as good as backing the winner!

  • Match betting – A form of golf betting odds offered by a number of bookmakers, and available via the Edge platform is match betting. This is often where a certain number of golfers are priced up in a separate market to beat one another. This can relate to their playing pairings or their position in the market, for example, Rory McIlroy vs Scottie Scheffler. The winner of this bet may not win the tournament, but it is decided on whoever has the lowest score come the end of the tournament. This is popular for punters who may want to take a golfer on at a better price.

GOLF BETTING TIPS

When betting on golf, it can be a good idea to find golf betting tips, particularly if you want the latest golf betting odds. At MadMarket, the Mystic Mac tipster Telegram channel offers golf betting tips on the biggest events and insights that you may find useful.

GOLF BETTING STRATEGIES

A popular golf betting strategy is called ‘dutching’. This is where you choose more than one golfer to bet on, splitting your stake across a few selections. This is often utilized due to the size of the field of golf tournaments, where the number of players can sometimes total over 100 players. Having a few options can narrow down a field and increase your chance of winning.

LIVE GOLF BETTING

Another popular type of golf betting is ‘live’ golf betting, which is also known as in-play golf betting. This is where the bet is placed on a tournament that has already started. This can be effective if you are watching the tournament and fancy a particular golfer to go on a good run. You can then take advantage of the latest golf betting odds before they update.

HOW TO BET ON GOLF AT MADMARKET

Many sites offer golf betting services but you need look no further than ProBet42. The site offers competitive pricing, good limits as well as range of markets across the different golf tours for you to dive into. A useful tool for any form of betting can be a betting odds comparison site. The Edge platform on the MadMarket sports betting brokerage is useful for finding the latest golf betting odds. Including over 10 bookmakers and exchanges, it gives you options to make the most of any potential stake.

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FAQ

What are the best golf tournaments to bet on?

All golf tournaments have their positives and negatives from a betting standpoint, however the best tournaments to bet on are widely considered to be the four men’s majors. These tournaments have the most competitive fields, which means there are often big prices to take advantage of.

What types of golf bets are best for beginners?

When starting out in golf betting, it can be good to bet each way. This means if you do not pick the winner but come close, you are still guaranteed a payout on your bet.

Who are the best golfers to place bets on?

There is no best golfer to bet on as there are so many factors that affect performance. Some prefer certain weather conditions, others like particular courses (such as links courses which are found on the coastline), while recent form and confidence is a big factor. But consulting the latest golf rankings is a good marker, as is a golfer’s previous performance at a certain course.

What happens if my selection pulls out the tournament?

In certain cases, a golfer may withdraw from the tournament, this can be for several different reasons. If they withdraw from the tournament before it starts, your bet will be made void, and you will get your money back. However, if the tournament has started, this bet will likely be settled as a loss.

Be sure to check the rules of the bookmaker you are betting with on Edge, or the rules on Probet42 website as these can change. 

Can I bet accumulators on golf?

Yes. Like with nearly all sports, you can pair up golf selections, if there are enough tournaments and competitions happening concurrently e.g selecting a tournament winner from a PGA Tour event and a DP World Tour event that are taking place on the same week.