Beginner's Guide to Online Golf Betting
Golf has been a hugely popular sport since the 15th Century, and in recent years, this has led to the increase in popularity of betting on golf online. Throughout this article, we will highlight everything you need to know to help start your journey with online golf betting.
Golf – The Basics
The aim of golf is to record the lowest number of strokes from the tee to the hole across a course of 18 holes. Golf tournaments consist of 4 rounds, 1 round being played each day. After the first 2 days, the number of competitors is cut in half depending on their overall score following those 2 rounds. The structure of a tournament is especially important when betting on golf online, and we will provide strategies to help you take advantage of this, as well as other golf betting tips to help you earn profits from your wagers.
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Golf Competitions
There are a number of golf competitions played across Canada and the globe which sportsbooks provide markets for. The most well-known ones are listed below:
PGA Tour - this is the most popular tour and involves all of the top golfers in the world. The tour consists of 46 events played mainly in the United States. One of these events is the RBC Canadian Open which is played each year at different golf course venues across the country..
European Tour - 45 events in total played mainly across Europe. This tour involves many lesser known players who haven’t been invited onto the PGA Tour yet. It is definitely worth looking into for Canadian bettors as it will increase betting opportunities and potential value bets.
LGPA and Ladies European Tour - tours for professional female golfers across the United States and Europe.
Mackenzie Tour - a total of 24 events played across Canada and the United States.
With the combined total of events for the 3 main tours mentioned above being 115, there is so much opportunity for us to beat the bookie.
Betting Markets
Sportsbooks offer a large number of markets for Canadian bettors. We recommend that beginner bettors concentrate on the 3 most popular markets.
Outright Winner
Who will have the lowest score after all 4 rounds. Although this is extremely difficult to predict, due to the large number of players competing, the odds do reflect this by being very favourable. Predicting the winner can lead to huge payouts.
Top 5 / 10 / 20
If the outright winner market is too risky for you, then your next best bet is to place a wager on your preferred golfer finishing in the top 5 / 10 / 20. The odds will be a lot lower for these markets, but the added number of places reduces the risk and increases the chances of winning your bet.
Match Bets
This has become a very popular market for bettors in recent years. Here you can choose who will record the best score between 2 golfers during a round. Sportsbooks will try to group together 2 golfers who are evenly matched, but there is value to be found in this market, so please research carefully into which golfer has a slight edge at the course they are playing at.
For the more experienced bettors, we will provide more insight into a number of extra markets on offer in our betting markets article.
Golf Betting Tips
Extensive research should be carried out when betting on golf online. The 3 main areas that we recommend you look into are as follows:
Golfers Overall Form
Look into the current form of each golfer and assess how they have performed over their most recent events, preferably the last 5. Check to see if they have won, came in the top 5 or 10 and whether they have consistently made the cut. This information will help you choose which market to place your bet on for that golfer.
Golfers Form at the Upcoming Course
Many events on the tours are played at the same course every year, including The Masters at Augusta National in Georgia, USA. Each golfer has their favourite courses and will inevitably play their best golf at those courses. Make sure you look at the results of the past events to see how well each golfer has performed at the course in question.
Course Statistics
Research each course. Prior to the tournament starting, the greenkeepers will set how wide the fairway will be and how long the rough will be over the 4 days. This is important to determine which golfer will likely succeed at this course depending on whether they usually hit the fairway from the tee and how they play out of the rough. One factor that will affect each individual day (which in turn will affect the match bets for that day), is the placement of the pin. The pin will be on a different part of the green on each day of the tournament, so please be aware of this prior to the first golfers teeing off on each day.
What’s Next?
When you have looked into the game of golf and carried out your in-depth research into the upcoming golfing event, it is time to find a sportsbook. Please take a look at our article highlighting the very best sportsbooks for Canadian bettors. Following this you should choose your preferred markets according to your research and start placing bets.
Please make sure you place low wagers across a number of markets to help you narrow down the ones that provide you with consistent profits.
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