Golf is one of the most popular sports to bet on. With the ability to identify the value of golf betting, it's possible to make consistent profits. And with the high rise of online betting, golf has become one of the biggest growth areas.
If you are a rookie to sports betting and are interested in golf, it might seem overwhelming at first due to the number of betting options, marketers and bookmarkers. This article will take you through each step of golf betting, from what tournaments you can bet on, the types of bets available, how to select a bookmarker and golf betting strategies.
Golf tournaments to bet on
There are two main golf tours for punters. The first is the PGA tour which is played on US soil. In the PGA Tour, the world's best players are drawn to the tour for both prize and it’s where they can gain the highest world ranking points on offer.
The second tour is the European tour (ET) which is played across continental Europe, Asia and Southern Africa. The final series of events on each tour sees the most successful players compete for big prize money in reduced field events.
These two tours are known as the Fed-Ex Cup (PGA Tour) and the Race to Dubai (ET). The Fed-Ex cup is played over four weeks; the first event is played with 120 players, the second reduces to 100 players, the third 70 players, and the number is finally reduced to 30 players for the final week. The winner of the tournament is the one who earns the most money.
The Race to Dubai sees the top 60 point winners from that season's combined ET tournaments qualify for three final series events, however unlike the Fed-Ex Cup are no cuts are made each week. Like the PGA Tour, high points and prize money are available in these three tournaments and the champion of the Race to Dubai will be the player that earns the most points of the ET season.
Golf props
Golf online betting sites like wetten.com feature every major tournament. It also offers odds on which golfer will miss or make the cut, OVERS/UNDERS on the winner's winning score, or whether there will be a hole-in-one. Props are the best way to enhance your betting experience.
Nationality bets
This involves betting on the country a player is from rather than an individual. For example, if an American wins a tournament, the bettors who selected USA will be paid. Bets can also be made with surrounding players from the same country though the winner will be chosen according to the player who scores the best.
Three ball bets
Golf events start in groups of three, so bettors will be given the choice of selecting whichever golfer they think will have the group's best score in a specified round. The bets will be decided at the end of the competition. This is advantageous since bettors won't have to wait until the tournament is over to collect their potential winnings. The three-ball bet is lost when two group members are tied for the lowest score after 18 holes.
Live Betting
These bets are wagers that you place on who will shoot the lowest score out of a two or a three-ball group. The bets can also be made on two individual players playing the same course but in different groups. This can be done throughout a tournament, and it's a friendly alternative if your pre-tournament wagers failed to come to fruition.
Golf Future Bettings
This is a great way to lock in your picks before an event begins, and often higher odds are offered and the possible payouts can certainly be worth the wait.
Golf Betting Strategies
The greatest thing about golf is that on any weekend, a new star can be born. The winning golfers are listed at the top part of the leaderboard. It gives bettors a good chance to make a small profit by wagering on them.Bettors should study the field and get to know as many golfers as they can. Even if they have a large bets, they can also try small bets as they can pay well.
Many top golfers skip the smaller tournaments, providing excellent opportunities for golf punters who have a deeper understanding of the field.
Deposit Options
To start betting you need to deposit money into your account. Most online betting sites will offer a welcome bonus determined by your initial deposit up to a pre-determined amount. You can deposit money using different choices like pay-pal, credit card and e-transfer.