Golf Tournament

Top Golf Tournaments

Understanding Golf Tournaments & Leaderboard

While the golf tournament isn’t as matchup-based as other individual sports (boxing, tennis, or mixed martial arts [MMA], as examples), golf matchups are offered in wagering. Golf players tee off in pairs or threesomes, and you can wager on golf in this way. 

Tee-offs on the first day of a golf tournament are in inverse order of the standings, meaning the top-ranked golfers begin later in the day than the lower-ranked players, with few exceptions. The second day has the tee times determined by the standings in the tournament, so the current leaders (at the beginning of that round) are last out.

Playoff matchups occur in several events, including the Ryder Cup pitting the U.S. against Europe. Events like The Match have two pros and two celebrities (usually other star athletes) opposing each other. 

Review these pertinent golf tournament statistics to get a good idea of how players are faring this season. However, take the stats with a grain of salt. Consistency in golf betting is difficult. As it’s among the most competitive of any sport, there’s a lot of variance in results.

2023 Golf Events Winners
DateEventWinnerScore
May 31 – 3The Memorial TournamentViktor Hovland16-under-par (272)
May 3 – 6Wells Fargo ChampionshipWyndham Clark14-under-par (274)
May 10 – 13AT&T Byron NelsonJason Day23-under (261)
May 18 – 21PGA ChampionshipBrooks Koepka14-under-par (274)
May 24 – 27Charles Schwab ChallengeEmiliano Grillo15-under-par (269)
May 24 – 28LPGA Match Play – Bank of HopePajaree Anannarukarn14-under-par (274)
May 25 – 28KLM Open GolfThomas Pieters20-under-par (268)
May 26 – 28Mithra Ladies OpenAtthaya Thitikul19-under-par (269)
May 26 – 28DC LIV GolfCharl Schwartzel20-under-par (268)
May 29 – June 4Mizuho American OpenRose Zhang9-under-par (279)
Jun 1 – 4Memorial TournamentViktor Hovland16-under-par (272)
Jun 1 – 4European OpenTom McKibbin9-under (283)
Jun 2 – 4Principal Charity ClassicStephen Ames17-under (199)
July 16 – 23Open ChampionshipBrian Harman13-under (271)
Aug 3 – 6Wyndham ChampionshipLucas Glover20-under (260)
Aug 21 – 27Ally ChallengeVijay Singh14-under (202)
Aug 21 – 27TOUR ChampionshipViktor Hovland19-under (261)
Sept 29 – Oct 1Ryder CupTeam Europe16.5-11.5

Past 5 Winners

Scottie Scheffler.
2023 Winner 100%
Cameron Smith.
2022 Winner 90%
Justin Thomas.
2021 Winner 80%
Rory McIlroy.
2019 Winner 70%
Webb Simpson.
2018 Winner 60%

Top Five Ranked Golfers (All-Time)

Jack Nicklaus
18 major championships and 73 PGA Tour titles 100%
Tiger Woods
15 major championships and 82 PGA Tour titles 90%
Ben Hogan
9 major championship 80%
Bobby Jones
Jones won 13 major championships 70%
Arnold Palmer
The King won seven major championships and 62 PGA Tour titles 60%

Betting on Golf Major Events

There are many different golf tournament formats that can be used for betting purposes. One such format is called “2-vs.-2, 3 in 1”, which involves four golfers playing in teams of two, with three different formats played over the 18 holes of the bet.

The format changes every six holes, for example, Holes 1-6, better ball; Holes 7-12, alternate shot; Holes 13-18, 2-man scramble.

This format can be a fun way to bet on a tournament with a group of friends or colleagues. The formats can be customized to suit the preferences of the group and can add an element of strategy to the betting.

Betting on golf tournaments has become increasingly popular in recent years, with a wide variety of betting markets available to choose from. Let’s take a took at the most popular types of golf betting.

Golf Futures Betting

One of the most widely available markets for golf betting is futures betting, which focuses on the Majors, including the Masters, the US Open, the PGA Championship, and the Open Championship. In futures betting, you place a wager on a particular golfer to win the tournament outright.

The golf odds for each golfer will vary depending on their past performance, current form, and other factors. It’s important to note that futures betting requires a long-term perspective, as the outcome of the tournament won’t be known until several days later.

3-Ball Betting

Another popular type of golf betting is 3-ball betting, which involves betting on which of the players in a particular group will score the lowest for that round only.

For example, if Phil Mickelson, Keegan Bradley, and Vijay Singh are grouped together for a round, you can place a wager on Mickelson to win the 3-ball bet. If he shoots the lowest score of the three players, you win the bet.

The odds for each golf player will vary depending on their current form, past performance, and other factors. The 3-ball betting type can be a great way to add some excitement to a particular round of a tournament.

Examples of Betting on Golf Tournaments

This is the most common way to bet on golf tournaments. You bet on which player will win the tournament outright. If your chosen player wins, you win your bet.

Outright Winner Bet

PlayerOdds
Jon Rahm +900

As an example, if you bet $100 on Jon Rahm to win The Masters outright at +900 odds, you would earn a $900 profit, with an overall payout of $1000.

This is a bet on which player will finish in the top 5 or top 10 of the tournament. If your chosen player finishes in the top 5 or top 10, you win your bet

Top Finisher Bet

PlayerOdds
Dustin Johnson 4/1

As an example, if you bet $50 on Dustin Johnson to finish in the top 5 of a tournament with 4/1 odds, and he finishes in the top 5, your profit would be $150 ($200 winnings minus the $50 outright wager).

This is a bet on which player will perform better in a head-to-head matchup. The sportsbook will match two players together and set odds for each one to win.

Matchup Bet

PlayerOdds
Jordan Spieth-110
Rory McIlroy+100

As an example, if you bet on Jordan Spieth to beat Rory McIlroy in a head-to-head matchup, and Spieth finishes with a lower score than McIlroy, you win your bet. Matchup bets can be placed before or during the tournament, depending on the sportsbook.

Golf Tournament FAQs

What types of bets can be placed on golf tournaments?

There are several types of bets that can be placed on golf tournaments. The most popular type of bet is the ‘Tournament Winner’ bet, where a bettor picks the player they believe will win the tournament. Other types of bets include head-to-head matchups, prop bets, and each-way bets. Each-way bets allow you to wager on a player not only to win the tournament but also to finish within a certain high-placing range.

How are the odds determined for golf tournament betting?

Golf tournament odds can vary greatly due to the large number of competitors. Odds are often determined by a player’s recent performance, course history, and overall skill level. A pre-tournament betting favorite, such as Rory McIlroy, will have odds in the +600 to +1200 range or 6/1 to 12/1. A player ranked outside the top 100 may have odds as high as 500/1.

How do I read and interpret golf betting odds?

In American odds, a plus sign (+) before a number indicates how much profit you would make on a $100 wager. For example, if you bet $100 on a player at +600, you would profit $600 if that player won. Fractional odds work by multiplying your wager by the odds to calculate your payout.

Can I bet on golf year-round?

Yes, golf is a year-round sport with tournaments taking place every week. This gives bettors a wide range of opportunities to wager on various events.

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