Often when people are playing golf socially the winner will get a prize of some kind or there might be a bit of jovial betting going on between the group.
Golf is a sport that really suits wagering whether you are a player yourself or just like to watch. Winning golf can also be very temperamental, with a champion doing really well one day and then having a disastrous stroke of luck the next so it is really exciting to wager bets on this sport!
There are three main types of golf betting for tournaments. A wager can be made on the outright winner of the golfing tournament, a wager on the top three or that a golfer will finish higher or lower than another golfer in the tournament. To place bets on these there are money line odds, so fractional or decimal odds set by a sports book. Favourites will have odds that get you less of a return and underdogs will win you more return if they end up winning. Group betting is also popular for golf, there are odds on which group will come out on top at the end of the golf tournament.
Many online sites will have a betting entry called “Field” for golfing tournaments, which comprises of all other golfers besides the ones listed by the sports book. This means that more than one golfer is betted on with one wager, but they are normally the golfers least likely to win. This option is obviously more risky and you need to analyse which top players are entered in the competition before placing your bet.
There are also specific bets that you can place for certain tournaments. So if you are a South African who enjoys the European golf then you might want to get involved in a European Order of Merit wager. This is a long term bet to predict who will win the most amount of prize money by the end of the golfing season. There is also a similar bet to make on American golf with the US PGA Money list. If you don’t want to have your money on something for as long as a year then this is not for you. If you want a short term bet then 3 ball betting is a type of wager for golf. These bets involve betting on who will win the individual matchups on each round of play. For the more cautious of gamblers there is also an In running golf betting option where you can see how people are playing in the tournament before placing your bet. For those early birds there are also often future bets that can be made on tournaments coming up later in the year. The odds are often better for these bets as there is not yet much indication of how golfers will do.
Spread betting can also be assigned to golf by sports books (bookmakers). A tournament index will be created where points are allotted to the first eight finishing positions. More points assigned for a better finish. Now you are ready to place a bet there are a few other factors that need to be considered to ensure you know which player or team to pick. The golfing stats of a player on how they have performed throughout the year and for the specific course can help to educate your prediction on the outcome of their performance in a tournament.
The best place for golf betting is an online sports book (bookmaker).
These sites will often have up to the minute news and stats to help your decision and looking at several sites can help to get you the best odds for your particular player or team that you want to wager on. If you are a newbie to golf or to sports betting in general these sites also often have help sections to explain the rules and how to deposit. Make sure to check the security on the site before parting with your Rand as that way you know it will be safe and you won’t get scammed. If you know your facts about golf then put this to your advantage and make a bet as you will have a good insight into who the golfing champion will or won’t be.