Whether you’ve been betting on golf for years or you’re new to the sport, it always helps to brush up on your knowledge of golf betting. And our golf betting guide is just the place to do it. Here, we’ll run through the different types of golf bets and golf betting markets. We’ll detail how to read golf odds and throw in some golf betting tips and strategies too.
Let’s tee off for a hole in one with your golf betting.
Types of Golf Bets
When it comes to betting on golf, you can choose from a range of golf betting markets and golf bets. They include:
Outright Golf Betting
An outright bet on golf is a bet on a player or team to win a golf event. You could back Rory McIlroy to win The Open or Europe to win the Ryder Cup. You can make an outright bet before a competition starts or at any point during the tournament.
Each Way Golf Betting
With so many players competing in top golf tournaments, it can be difficult to pick an outright winner. With an each-way bet in golf you bet on a player to either finish top or to place, i.e. finish in the top positions.
It’s important to note that an each-way bet is actually two separate bets on two outcomes, so your stake will double. If you back a certain player each way and they win the tournament, both bets come in. If they don’t win, but finish in the top places, your bet to place to comes in.
First Round Leader Betting
This is a bet on which player you think will top the leaderboard at the end of the first round of a specific competition. It doesn’t mean they’re going to win, but you’ll often find plenty of value in this particular market.
Top 10 / Top 20 Finish
A simple bet on whether or not you think a certain golfer will finish in the top 10 or top 20 at the end of a tournament.
Hole In One Betting
A bet on whether or not a player will score a hole in one during a tournament or round.
You select two players and state which you think will win over the other. The performance of the rest of the field has no bearing on the result of your bet – just the two golfers going head-to-head.
Proposition Bets in Golf
You can also place proposition bets in golf. This is a bet that doesn’t have an impact on the outcome of the event. They can include:
- The nationality of the winner
- Finishing positions of specific golfers – top 5, 10 or 20
- Cut line – whether a particular golfer will make the cut for the next round
- Longest drive
- Most birdies
Golf Betting Odds Explained
Golf betting odds are super simple to understand. At Grosvenor Sport, you’ll see our golf betting odds displayed as fractional odds, say for example odds of 4/1 on Europe winning the Ryder Cup. Odds like these mean that for every 1 of your stake, you’ll win 4x if your bet comes in.
If you bet £100 on Europe winning the Ryder Cup with odds of 4/1 and they triumph over the USA, you would win £400. You also get your original £100 stake back too, so your total pot would be £500.
This is a simple example to get your head around. In reality, the odds can be a little more complicated. This is the case when you include multiple outcomes within one bet – you can use our handy bet calculator to work out your potential winnings on any golf bets.
Golf Betting Strategies
Looking for golf betting tips to help inform your wagers? These golf betting strategies should help:
Study Player Form
Whether you’re backing a player to win a tournament outright or choosing one golfer over another in the head-to-head, form is key. Look to their previous tournaments this season and analyse their finishing positions. Are they flying and racking up the wins? Have they faced some struggles during this campaign? Of course, form can change but it usually takes a while. Backing a player to continue their current form – good or bad – is usually a failsafe golf betting strategy.
Study Course Form
Yes, we said that current form is always a good indicator, but if there’s one thing that can change poor form it’s playing a tournament at a favourite course.
If you’re thinking about a certain player to take a title, win a round, or finish in the top 10, look back to their history on this course. Have they tasted success here once before? Or has it been a bogey course for them in the past? It could well happen again.
Look into the Stats
Statistics play such an important role in sports and sports betting nowadays, and golf is no different.
Take the example of golf courses. Some courses demand accuracy off the tee. Other courses that have little in the way of obstacles to the tee favour big hitters over shorter hitters. You might find that others have a tricky hole that certain players always seem to come unstock on.
Check all the available stats and data and use it to inform your golf betting.
And when it comes to backing certain golf players, you’ll need to consider loads of stats to understand how they perform across a range of factors, including:
- Course Type
- Tournament Status
- Course Conditions
- Weather Conditions
- Time of year
Specialise on a Certain Type of Bet
Picking a winner every time from a tournament featuring over 100 players is a difficult feat. You might manage it once or twice, but doing it every time can be tough.
A good golf betting strategy is to specialise on a certain type of golf bet. You may consider betting on head-to-head on each tournament. This requires knowledge of individual players and an analysis of the head-to-head stats between them.
Or you could choose the finishing position of a specific golfer each time. This requires in-depth knowledge of that golfer, their current form, past tournament performance and courses they favour. How about betting on the longest drive at a specific tournament? You’ll need a little knowledge about each course and the potential for big hits.
Golf Betting Bonuses and Promotions
At Grosvenor Sport, you’ll find a range of golf betting bonuses and promotions to give you a helping hand with your golf wagers. When you sign up for an account with us and make your first deposit, you’ll get a Welcome Bonus. Plus, we provide plenty of regular promotions for our Grosvenor Sport members – you’ll see them all on our Promotions Page.
To bet on golf with us at Grosvenor Sport, sign up for an account today and claim your Welcome Bonus.