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how to be on Golf
how to be on Golf
Along with Auto Racing, Golf is one of the fastest growing and most popular betting sports. In its simplest form, betting on golf involves picking the outright winner of the tournament. The competition may include 30 or more individual golfers, plus a “field” (all other golfers not listed individually) option.

Example: The betting odds for Ernie Els may be listed at 5-1, Fred Couples at 20-1 and Pat Perez at 50-1. If the bettor wagers $10 on Fred Couples at 20-1, he wins a net $200.

As in auto racing, golf offers matchup wagering in which two golfers are paired against each other in a head-to-head contest, with a betting line on each golfer set by the oddsmaker. The golfer with the lower score wins the matchup. If one golfer continues to play in the tournament and his opponent does not make the cut, then the golfer who continues to play wins the matchup.

Example: A matchup between Phil Mickelson –125 against Jim Furyk +105. If the bettor wagers $125 on Mickelson and Mickelson wins the matchup, then the bettor would win a net $100. If the bettor wagers $100 on Furyk and Furyk wins the matchup, then the bettor wins a net $105.

Some matchups offer one golfer (usually a superior golfer) against two or more others. For example, the oddsmaker may offer odds on Tiger Woods against Ernie Els, Davis Love III and Jim Furyk. For Woods to win the matchup, his final score must be lower than any of the three other competitors.

Golf Propositions: Many sportsbooks offer golf propositions, especially on major tournaments. These propositions include, for example, over/under on the total winning score, over/under on the lowest round by any golfer, over/under on the finishing position by a particular golfer, total birdies by an individual golfer, etc.

Example: The over/under on Mickelson’s finishing position may be 4 1/2. If he finishes first, second, third or fourth, the under wins; if he finishes fifth or worse, the over wins.
 
General Rules
  • In the event a tournament does not go the specified number of completed holes (usually 72), and the tournament is shortened by PGA officials, then the leader at the end of the number of holes determined to be official by the PGA shall be the winner
  • In head to head matchups, both golfers must tee off in order to have action; these golfers have action regardless of completion date
  • In the event that one player or the other is disqualified or withdraws after teeing off, the other golfer will be the winner of the matchup
  • The most completed holes and the lowest score from either golfer is the winner of the matchup
  • If the players complete the same number of holes, then the player with the lowest score wins
  • For betting purposes, if the players are still tied then the wager will be a push, unless they are tied for first place
  • If both golfers in a matchup are in a playoff 1) the winner of the playoff wins the matchup and b) all other playoff participants tie each other
  • Dead heat rule: Where there is a dead heat for any wager – for example where there are 3 players tied for 4th place and a market has been offered on players to finish in the top 4 of a tournament – then the amount wagered is divided by the number of participants involved in the dead heat. The full odds are then paid to the divided portion, with the remainder of the stake money being lost
  • For Place/Show/Top 4/Top 10 betting – when there is a dead heat where the number of tied participants exceeds the places available for that particular bet, the stake money/amount wagered is multiplied by the number of places on offer but divided by the number of tied participants. The full odds are then paid to the divided stake, with the remainder of the stake money being lost. Example: a 3-way tie for third on a top four wager would result in the stake money/amount wagered being multiplied by 2 but divided by 3
  • Dead heat rules do not apply to events where a price is offered for the draw or tie
  • Finishing positions: if a player is involved in a 5-way tie for 5th, as an example, he is sharing 5th, 6th, 7th, 8th and 9th place. His finishing position is calculated by adding the sum of all the positions (i.e., 5+6+7+8+9 = 35) and then dividing this figure by the number of players involved in the tie. The player’s actual finishing position would be 35 divided by 5, or 7
  • Golf Propositions: All wagers will be void if 72 holes are not completed.
Sportsbook School 101
  • How to bet on Auto Racing
  • How to bet on Football
  • How to bet on Hockey
  • How to bet on Baseball
  • How to bet on Soccer
  • How to bet on Golf
  • How to bet on Tennis
  • How to bet on Cycling
  • How to bet on Cricket
  • How to bet on Boxing
  • How to bet on Basketball
  • Telephone wagering
  • Global Sports Betting Industry
  • Horse Racing wagering guide
  • How betting lines are made
  • Responsible sports betting
  • Sports bet types
  • Sports betting glossary
  • Horse Racing glossary
  • Standard horse Racing rules
  • Sports Standard Rules
  • Internet sports betting
  • Tips for successful betting
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