Sports Betting Tips

Betting on Golf

If Value is What You're Looking For

While some of you reading this are already aware, it will come as a surprise to others to know that you can, in fact, bet on your favorite golfer to win a tournament. In fact, not only can you bet on golf, the potential payouts can be huge. Even the Tiger Woods' and Phil Mickelsons of the world typically offer anywhere from 3-1 to 6-1 odds during any given tournament. While this is decent enough, the real value lies in betting some underdogs.

Anyone who follows golf on a regular basis understands just how difficult it is for a player to win an event on the PGA Tour. In a field of 100 players, there are typically anywhere from 10-30 players who legitimately have a shot at winning, and the potential payouts are huge. For example, as it stands right now at one particular sport book, there are only five golfers who would pay LESS than 20-1 to win the 2010 US Open tournament. Compare this with my statement regarding 10-30 players having a shot at winning any given tournament, and you have some outstanding value and money making potential.  Definitely remember to shop around for the best odds--different sport books offer different odds and it could mean a difference of hundreds of dollars.  Check out reviews of our recommended sport books here.

History Repeats Itself

So, what are our tips? Well, if you're a regular follower of the PGA Tour, you are already well aware of the fact that certain players tend to play exceptionally well at certain golf courses, and of course certain players also tend to play exceptionally bad at certain courses. This knowledge is crucial in identifying potential money making opportunities. If you don't regularly follow the PGA Tour, all the information you need can be found online: where the tournament is being held, past champions and leaderboards, etc. Use this information. If a player has placed in the Top 5 of a particular tournament more than once in the past few years, chances are he likes playing there, his style of golf game blends well with the course and he has a pretty good shot at repeating his past success.

When I bet on golf, I use the knowledge outlined above to identify 3-5 players who have had past success at the course and/or are currently playing well on the PGA Tour. I prefer to only only bet on players who are listed at 20-1 odds or higher to maximize my potential winnings, and I don't bet very much money on them. A golf tournament is a taxing four day event where the slightest mental slip can be the difference between winning and missing the cut. Keep this in mind when placing your bets--a mere $10 wager could return you $300 if your 30-1 player wins the tournament. The risk to reward factor is off the charts, and with baseball being the only other summer gambling option, it's a fun change of pace to bet on golf.

Check out more of our sports betting tips articles to become a smarter sports better. Knowledge is power, folks.  Best of luck, and please gamble responsibly!

--ajec

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