Golf Tournament Explained
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.
Betting on Golf Tournament
Betting on golf tournaments has become increasingly popular in recent years, with a wide variety of betting markets available to choose from. 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 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.
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 player will vary depending on their current form, past performance, and other factors. 3-ball betting can be a great way to add some excitement to a particular round of a tournament.
Finally, 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.
Examples of Betting on Golf Tournaments
Outright winner bet: 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.
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.
Top finisher bet: 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.
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).
Matchup bet: 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.
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.