If you are going to start betting on golf tournaments then it’s best you understand the different type of bets available – there are a lot! There are the standard bets such as Win, Place found in horse racing, but also unique bets specific to golf. In this article we will give you a quick overview on each bet so hopefully you can start punting on golf and making a few bucks!
List of Golf Bets Explained
The following are the most popular golf bets across major Australian sports betting sites & betting apps.
- Bet to win
- Bet to win without x player
- Each way bet
- Round leader bet
- Place bets
- Multiple players to win
- 18 Hole Matchups
- 18 Hole Matchups with Handicap
- Prop Bets
Bet to win
The bet to win is the one you are most used to. In this, you are betting on a player to win a particular round/tournament. One of the advantages of this bet is that you will definitely get better than your investment.
For instance, the odds for the upcoming tournament and the favorite to win were +500, which means that if you bet $100 on that player and that particular golfer wins, you will be rewarded with a profit of $ 500! A $10 wager on that winning player would net $ 60 ($ 50 profit, $ 10 initial bet).
Bet to win without X player
This Bet involves choosing a golfer who will complete the best event if a certain player participating in the game is not included.
Each Way Bet
The each-way golf bet is two bets in one. In which half money goes to a winning bet for the selected golfer and the other half goes to “place a bet,” where a player will end up in a certain position in the leaderboard; that is, the top three, top six, or top eight will have reduced chances for this finish.
For instance, you could bet $ 50 on Louis Oosthuizen to win the tournament at 65/1 and him at 30/1 to finish in the top 6.
Round leader bet
In this bet, you have to choose which player will have either the full lead or a share of the lead after a certain position in a tournament, usually after 18, 36, or 54 holes. If there are multiple leaders, the payout is distributed by the number of leaders.
Place bets
If you like a certain golfer, but don’t feel sure you are betting on them to have the absolute win, maybe a 5/10/20 bet would increase your speed.
For this bet, you have to choose the player who will end up in the position shown in an event. For instance, you pick the golfer to finish in the Top 5, Top 10, or Top 20 in a specific tournament, and if you predict correctly, you get the reward.
Multiple players to win
Here you can choose multiple golfers and bet to win a tournament with just one ticket. In other words, you lower your total chances of alternating the winner in exchange for the possibility of risking less money for a single bet covering many probable champions.
18-hole matchups
Bets are legal once the players have started the first hole. After that, if a round is restricted, wagering on that session is canceled. The winner will be the player with the lowest score out of 18 holes. If an individual match ends in a tie, it will void bets.
18-hole matchups with handicaps/strokes
This golf bet is similar to a “head-to-head” or “two-player matchup” for a specific 18-hole round of a tournament. But they add up with stroke/handicap to make the golfer seem closer in terms of experience/outcome. Finally, the golfer with the lower score wins the round.
Full tournament matchups
These are head-to-head bets, also known as “matchup” bets, in which you have to choose two golfers and predict who will beat the other. At the end of the full tournament, the golfer with the lowest score is declared the winner. If both players have scored the same score, then it will be a tie.
Make/Miss cut
It is a simple bet in which you have to predict whether or not a player will make a “cut” in a golf tournament. If your golfer does not participate in the event, then it will void your Bet. However, if the player has played, bets will stand.
In addition, if your golfer withdraws or is ineligible before the cut has been made, then bets will be considered losers.
Prop Bets
Prop bets are bets on whether or not something will happen or how many times it will happen during a round/tournament. These bets come in all forms and sizes but can generally be classified into skilled and un-skilled related bets.
Betting on un-skilled props does not require any knowledge; you have to imagine and predict. Basically, it is for entertainment purposes. For instance, you can bet on whether or not it will make a hole-in-one during the tournament.
On the other hand, skilled prop bets are those that require knowledge and expertise to predict. And is intended for fun as well as is part of a long-term winning golf gaming tactic. For instance, you might see a bet on whether or not there are more or less than X numbers of birdies on a specific hole. You can consider the weather factor, how the hole lends itself to golfers playing that week, the skill of golfers playing that week, and more if you want to win this Bet.