Casual bettors love to bet on Tiger Woods and other big names in golf tournaments. One way to embrace variance is by avoiding the chalk, i.e., the favorites.Įspecially in high-profile tournaments, public money floods toward high-profile golfers, or those with good course history (more on that later), even if they aren’t in the best form. There’s no sport in which this is more true than golf.
Sharp sports bettors embrace variance and harness uncertainty. But that doesn’t mean you can’t find an edge. More so than other sports, golf is a game with A LOT of variance, where the difference between a good round and a bad round is as little as four shots, and where the winner is often determined, in part, by a combination of lucky breaks, advantageous tee times (weather), and hot putting streaks that are anything but predictable. In some cases, golfers can fluctuate from +6000 to +8000 (and vice versa) over the span of a couple of days. If a golfer you like isn’t gaining traction while other golfers are, you’re likely to get better odds on Wednesday than Monday. It’s often better to wait for oddsmakers to adjust prices as money is being bet through the week. If you’re targeting a golfer who you think will fly under the radar, show patience. If you have your eyes on a golfer and anticipate him gaining steam, stay on your toes and try to wager on his opening odds. Listen to sports betting podcasts, follow helpful Twitter accounts, and read golf betting articles to gauge who might be popular bets. This is an acquired skill, and though you won’t ever be perfect, you will get a better feel for timing the more you bet on golf. For others, it might mean waiting for public money to come in and locking in your bet the night before the golf tournament. For some, this might mean betting early, as soon as odds come out. Just as a Wall Street trader wants to buy low and sell high, any golf bettor wanting to be profitable must assess and predict the optimal time to bet on certain golfers. In the same vein, it’s important to try to time your bets. Shopping odds can be the difference in whether you’re a winning or losing golf bettor long-term. A $10 bet may pay out $60 at one site and $85 at another. Golf odds can vary drastically from one sportsbook to the next. True for any form of sports betting, but for futures in particular, make a habit of shopping golf odds and using all of the legal sportsbooks at your disposal. Now that we know what golf outrights and futures are, here are some golf betting tips to consider before making your picks. Tips for betting on golf outrights & futures In 2019, a bettor won over $1M by betting $85,000 on Tiger Woods to win the 2019 Masters at +1400 (14/1) odds.
A $10 bet on Jordan Spieth will win $170. A $10 golf bet on Rory McIlroy (+750 or 7.5/1) will earn $75 in profit if McIlroy wins his first green jacket. Here are what golf futures odds for the 2023 Masters (in January 2023) looks like at FanDuel Sportsbook for some of the top names in golf:Īs you see, golf futures odds look much like NFL, MLB, and NBA futures. Open, Open Championship, and PGA Championship you can wager on winners far in advance. For big tournaments like the Masters, U.S. You can place your wager the Wednesday before the golf tournament and cash out on Sunday after the final round.
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Unlike futures in other sports, you won’t have to sit through an entire season plus playoffs before cashing out.
Similar to betting which team you think will win the Super Bowl or World Series, a golf outright or futures bet picks an individual golfer to win a particular golf tournament.
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What are PGA Outright and Futures Bets?īetting on outrights or golf futures is arguably the most popular way for sports bettors to get skin in the game on professional golf tournaments.
Golf bets, lines, odds, outrights/futures and more golf betting terms to knowįor more general sports betting terms, check out SportsHandle’s Sports Betting 101 & 201. Legal, not live and legal challenges expected
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