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Online Golf Betting Guide: How To Bet Golf at Online Sportsbooks
Betting on Golf came shortly after the invention of the golf game in Scotland, the creation of Golf clubs, a dimpled ball and then came the great past time of betting on golf. Any hacker who has ever played the game knows the beauty and thrill of having some action on a pressure filled put. The PGA Tour and golf around the world has grown phenomenally over the last decade with big money purses all over the world. The growth of online sportsbooks has made it convenient for golf fans around the world to wager on tournaments weekly on their favourite international players or on long shots that payout big odds on their first win. Betting on a no name journeyman golfer trying to win his first tournament and big pay day being paired on Sunday with a Tiger Woods, Phil Mickelson or a Vijay Singh is the ultimate in betting on long shots. It makes Sunday golf viewing akin to Sunday NFL football but in ultra slow motion especially on the undulating greens of Augusta National. This Golf betting guide is meant as a beginners introduction to online betting on golf (golf betting online). There are some quirks in when betting lines are posted, the type of wagers you can make and most importantly creating a profitable betting strategy for a Golf Season that is almost year round 52 week tournament betting. The Internet and the PGA Tour website keeps great statistics now to help with your golf handicapping research. For more info on Sportsbook Deposit Methods to bet on Golf Online.
Golf Bet Types - Tournament Futures, PGA Future Odds, Head To Head (H2H), 3 Ball, 2 Ball, Tournament Match Ups
Online sportsbooks will have different types of betting lines offered for different tournaments. US Sportsbooks will offer more lines on PGA Tour events and naturally European based sportsbooks will offer more betting lines and options on the European Tour. This online golf betting guide will look at the following bet types: Golf Tournament Futures and PGA Future odds, Head To Head (H2H), 3 Ball, Tournament Match Ups.
Online Golf Bet Types - Tournament Futures, PGA Future Odds, Head To Head (H2H), 3 Ball, 2 Ball, Tournament Match Ups
The most basic form of online golf betting is the PGA Future odds or Tournament Futures where you will see a field of players and in American odds attached to the player. For example the following are Masters 2009 Future odds:
Master 2009 Future Odds
Tiger Woods +150
Phil Mickelson +900
Padraig Harrington +1400
Ernie Els +2000
Retief Goosen +2200
Sergio Garcia +1400
Vijay Singh +2000
Adam Scott +2500
Justin Rose +2500
Anthony Kim +2000
Jim Furyk +2800
Andres Romero +4000
Geoff Ogilvy +3300
Henrik Stenson +3300
K J Choi +3000
Lee Westwood +4000
Luke Donald +3500
Stewart Cink +4500
Trevor Immelman +3300
Paul Casey +5000
Stuart Appleby +6000
Zach Johnson +6000
Rory Sabbatini +7000
Angel Cabrera +6500
Brandt Snedeker +6500
Ian Poulter +6500
Mike Weir +6500
Bet Source Odds - BetUS Sportsbook, January 21, 2009. BetUS Sportsbook Review.
Tiger Woods is the tournament favorite at +150 odds meaning that for every $100 bet on Tiger Woods would win $150. The bet type is moneyline Future odds bet meaning that Tiger Woods has to win the tournament for you to win your wager.
Online Golf Bet Types - Head To Head (H2H) and Tournament Matchups Golf Odds Explained
Golf Head to Head (H2H) odds or Golf Tournament Matchups mean you are betting between two golfers to see who has the lowest score. For example have a look at the example below from BodogLife Sportsbook:
PGA Tour - The 50th Bob Hope Classic hosted by Arnold Palmer - Jan 21st @ 11:30 am EST - First Round Mythical 2Balls
Players listed must Tee off for wager to have action.First Round Only. Single Bets Only.. If both players have the same score the "Tie" option is the winner.
Mike Weir 5/7
Mark Wilson 7/5
Tie (Weir vs. Wilson) 15/2
In this example, the golf betting line is a match up between Mike Weir and Mark Wilson and it is a 3 outcome golf wager. Odds are expressed fractionally. Betting lines for Match Ups are usually posted less that 24 hours prior to the starting time of the most golf tournaments because many tournament fields are not finalized until Wednesday. The wager is settled after the first round as the bet only applies to the first round.
Another example of a Tournament Matchups from BetUS Sportsbook:
Qatar Masters Golf Tournament
Sergio Garcia -130
Adam Scott Even
In this Golf Tournament Matchups you can bet on Sergio Garcia -130 or Adam Scott Even on who will have the best golf score (lowest) at the end of the tournament. The current odds show that Sergio Garcia is the favorite at -130 odds meaning that for every $130 bet will payout $100. Adam Scott is the underdog at Even odds meaning that for every $100 bet will payout $100. If both golfers end up tied at the end of the tournament the wager will be settled a PUSH or Cancelled and your Wager/Risk amount would be returned to you. Online odds makers choose matchups with the most appeal with closest odds so they can attempt to get even action on each golfer. A 3 Ball Golf betting line will have a choice of 3 golfers and you would an option to bet on who you think would have the lowest score. 1st round 3 Balls usually match the tournament field and is especially attractive for golf fans going to the event who want to follow a group around. New round by round Tournament Matchups are usually posted for all the major golf tournaments but the betting lines will only be up a short time between rounds so that you have to get on them quickly. Each online sportsbook will have their own betting line posting times.
Bet On Golf: Golf Betting Lines Posting Time - 24 Hour Window
Betting lines for golf are very small time slots of sometimes only 8 hours or less because the final tournament field is not finalized with qualifiers until Tuesday and some pros do not have to commit to a field until very late making it difficult for line makers to post odds. The To Win the Tournament Odds with full field are usually posted around noon the Wednesday of the tournament or a bit early if the odds become available. Tournament matchups, 2 Balls, 3 Balls and other golf betting props will be posted usually only 24 hours before a tournament. Furthermore, you will often see online sportsbooks pull down golf betting lines if a golf player comes up with a last second injury (back problems being the most common) and readjusting odds. Between round match up odds are only up for maybe 8-12 hours between rounds and the morning tip off. So you have to check back often and make your betting choices quickly. This can also lead to great profit opportunities for cappers who know their local golfers well as some have tendencies for better round play or morning play. Future odds on the Majors are posted well in advance as most of the top 50 ranked players are expected to play.
The golf majors: Masters, PGA Championship, British Open and US Open will have more betting lines available due the interest of golf fans. For example Golf betting lines on the popular international golf tournaments like the Qatar Open: 1st Round Leader, To Make The Cut, To Win, Top 4, Top Great Britain and Ireland (For golf fans who like to bet on their country men), Top Scandinavian, To Miss The Cut (Always a favorite for fans of chokers and guys who have lost their confidence - can be very profitable), Top 10, Top Rest of World, Top Continental Europe and, 72 Hole Group Betting and more. If a tournament will have a lot of the top 50 ranked golf players, online book makers will be putting out a betting product for the consumer.
As a last resort, all the Internet sportsbooks that we have recommended below have great customer service by email and phone to answer your questions. We have wagered on golf at all the US online sportsbooks below. Accounts are free to open and you get a nice deposit bonus to start your online betting. Get in the action at our recommended best golf sportsbooks an make some money by watching and betting on the golf links.