Gambling on the Golf
Golf may not be as popular as football, ice hockey, or basketball, but it still boasts some of the most exciting sports stars competing in tournaments on a weekly basis. Tiger Woods, Phil Mickelson, Rory McIlroy: these professionals are all able to draw in millions of fans every single week, and online sportsbooks have acknowledged the popularity of golf by offering plenty of betting options.
While golf fanatics will follow the PGA or European Tours all year-round, most fans prefer to wait until the big majors in order to place a wager. The smaller events are seen as practice runs for the competitors, which makes major championships that much more exciting when they roll around each year.
The four majors: The Masters, US Open, Open Championship, and PGA Championship all provide exciting opportunities for punters to enjoy golf betting, and there are countless wagering options available at online sportsbooks. So whether you are keen on tournament matchups, winner selections, or futures, golf betting has everything you could ask for in an entertaining sports bet.
Tournament matchups are the most popular form of golf bets you will find at online bookies. As golf is an individual sport, tournament matchups are the closest you will get to betting on the money line in golf. Rather than two teams facing off against one another, bookies take two golfers and attribute odds in relation to who is expected to outplay the other. Therefore, the tournament matchup will look something like this:
- Tiger Woods: -150
- Rory McIlroy: +120
Anyone who has wagered on the money line before will understand how these odds work. If Tiger Woods finishes the tournament in a better position than McIlroy, then a wager of $150 would earn the punter a $100 profit. If instead McIlroy caused an upset, a $100 wager on him would see a potential $120 in winnings.
If you arenít keen on tournament and round matchups, futures are always an interesting wager to make. Golf betting incorporates such a vast number of players that futures will always be popular options for punters. Depending on the tournament and the online sportsbook, you will be able to bet on futures such as Best North American, First Round Leader, Best Amateur, and of course To Win.
The To Win bet has the potential to be extremely lucrative for golf fans, as recent results can often play an integral role in determining who has the best chance of winning. Because tournaments are played over four days, the odds are usually very generous as well, which makes futures all the more enticing. For example, Louis Oosthuizen, who won the 2010 Open Championship, sat at +8000 To Win odds for the 2010 PGA Championship at most online sportsbooks.
For more information on how golf has become one of the most popular sports in the world, take a look at our article on the history of golf.