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What is Golf Betting?
Golf betting involves you making a prediction about anything happening in a golf tournament and then backing your prediction with a real money bet. If your prediction is correct you’ll win back your stake as well as winning that are determined by the odds. If your prediction is wrong, you’ll simply lose your betting stake.
You will find that each online sportsbook will give you a vast range of
bet types
for each golf tournament. This means that you could bet on anything from who will win the next Masters to whether a particular golfer will make the cut in the PGA Championship.
Golf betting is simply a great way to add an extra touch of entertainment to any golf tournament. Just remember to bet responsibly, as betting on golf can be notoriously unpredictable at even the best of times.
Editor’s recommendation for golf betting - BetMGM
Pros and cons of BetMGM
- Excellent golf coverage
- Competitive golf odds and odds boosts
- $1,500 welcome offer
- User-friendly app
- Site navigation could be better
While most online sportsbooks will put on a pretty good golf betting service, BetMGM usually manages to edge ahead of its rivals. This is because BetMGM has a spectacular coverage of golf with everything from LIV tournaments to the majors, all stops on the PGA tour, the Ryder Cup, Presidents’ Cup, and there are usually a range of specials on individual players.
You can sign up to BetMGM and get an excellent welcome offer that will give you up to $1,500 depending on whether your first bet loses. Elsewhere you will find no shortage of odds boosts on specific betting markets.
What’s best is that because BetMGM is such a major sportsbook, it’s legally available in the vast majority of states where sports betting is legal. So for everything from great golf betting odds to quality customer support, you should give BetMGM a try.
BetMGM Sportsbook Sports Promo
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Best golf betting tips
Anyone can bet on golf and have a good time, but it’ll take a little more skill to consistently win when betting on golf. So here are some simple tips to keep in mind for the next time you enjoy some golf betting:
First and foremost, you will have to be aware that you are more likely to lose than win when betting on golf. After all, there is such a huge field of players to choose from, so set a budget and only bet on golf as a form of entertainment.
You will find a vast range of
sports betting bonuses
out there, and each of these deals should have the capacity to take your golf bets to the next level. Just remember to read through the bonus terms and conditions to avoid getting caught out by the small print.
Consider the betting lines
Betting on who is going to win an entire golf tournament or round is going to be tricky. So push the odds in your favor by betting on lines like the nationality of the winner instead.
Live golf betting isn’t just entertaining, but it can also be a great way of getting extra value from your bets. After all, the odds for the favorite will lengthen if they have a rough first hole and you could swoop in to take advantage.
Most online sportsbooks will now let you cash your bets out early before the golf tournament or round concludes. This offers you much more flexibility in terms of walking away from a bet and keeping some of your stake.
Biggest Golf Tournaments to Bet On
While the calendar is filled with plenty of golf tournaments to bet on, chances are that you’ll be betting on one of the following competitions:
PGA Championship
This is an annual golf tournament and one of the four Majors. It used to be played in August, but the PGA Championship has now shifted to take place in May on the weekend before Memorial Day. Recent PGA Championships have seen a purse in excess of $11 million and it is now held at one of a small group of courses such as the Valhalla Golf Club in Kentucky.
US Open
This epic tournament has been running since 1898 and is held in mid-June. The US Open is held at a variety of different courses that are usually chosen from their difficulty, with an emphasis on requirement for maximum driving accuracy. Winners of the US Open can look forward to a purse in excess of $20 million - the largest of all four majors.
The Open
Also known as the British Open, this is the oldest golf tournament in the World. It takes place at one of the many links courses in the US and the Open is now the final major tournament in the year, taking place in mid-July. Interestingly, the Open is open to all, including both amateur and professional golfers
The Masters
The Masters takes place on the first full week in April, making it the first one of the majors each year. What makes the Master different from other majors is that it always takes place at the Augusta National Golf Club in Georgia. The Masters is an invitation-only event which makes the playing field smaller than that of other major championships.
The five main golfing bets
Go to any one of our recommended sportsbooks, and you will find that they offer you a vast range of betting options for each golf tournament. However, you will probably end up trying one of the following main types of golf bets:
Here you are simply betting on which individual golfer will win a tournament such as the Masters, the Open, the PGA Championship and so on.
This is simply where you will take a bet on which player will be winning after the first round.
Here you will be betting on whether an individual player will make the cut and proceed to the next round.
This is where you make a bet on whether the winner of the golf tournament will be American, Canadian, British and so on.
These kinds of bets are where you bet on whether an individual player will finish within the top five, 10 and so on.
Understanding golf odds
Betting on golf requires you to bet on odds. Each sportsbook will present its odds in different formats like American, decimal and fractional odds, but for these purposes, we’ll look at American odds.
Let’s take an example of betting on the tournament winner of the next PGA Championship. Here you might see the following odds:
- Scottie Scheffler -200
- Jon Rahm +200
Scottie Scheffler was the favorite and therefore he would have a minus symbol next to his odds of -200. This means that you would have to bet $200 in order to make $100.
Jon Rahm was an outsider and therefore he would have a plus symbol next to his odds of +200. This means that you would have to wager $100 to make $200.
From this, you should see that the higher the odds number, the less chance it has of winning but the better your payouts could be. Conversely, the lower the odds number, the more likely it is to happen, but you will get smaller payouts in return.
Conclusion - Enjoy quality golf betting
We have shown you that golf betting is something that you can do legally in most states and that it is great fun too. While you will need to take care to play responsibly, you can bet on golf and add an extra dimension to pretty much any event on the golfing calendar.
We have handpicked some of the best online sportsbooks for golf betting in the banners of this page to make it easy to find superior odds and generous promo offers. So be sure to sign up to one of our featured sportsbooks and enjoy a superior way to bet on golf.
Golf betting FAQ
⛳ How does betting on golf work?
Most people will bet on golf in a way that they make a prediction about who will win a tournament, bet on a sportsbook’s odds for this prediction and then hopefully win their bet. However, our guide reveals that golf betting can work in much more interesting and enjoyable ways than just this.
💪 What are the best ways to bet on golf?
It’s usually best to set yourself a budget and then thoroughly research the field of players in advance of each tournament. Plus consider some of the alternative betting markets than just the tournament winner.
❓ Is golf hard to bet on?
It can be difficult if you stick to some of the trickier bets like predicting the overall winner of a golf tournament or round. However, you can make things easier for yourself by betting on things like whether a player makes the cut or the nationality of the tournament winner and so on.
👮 Is golf betting online legal in the US?
Yes, it’s legal to bet on golf in dozens of states across the US. Make sure that you read our guide to see those online sportsbooks that legally let you bet on golf from your state.
🏅 Who has the best golf odds this week?
At the moment, we would say that sportsbooks like BetMGM, FanDuel and DraftKings will each give you among the best odds for any golf tournament this week. But be sure to shop around to make sure that you are always playing with the best golf odds.
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