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Search results
- You’re betting a golfer wins or finishes high. It depends on what each-way betting options the bookmakers have set, but usually, it’s a top-5 finish. Think of it as two separate bets; one bet is to finish first, and the other bet is for them to finish in the top 5.
www.sportsbettingdime.com/guides/how-to/golf-bets-explained/
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Jul 11, 2024 · Learn how to bet on golf online with our detailed golf betting guide. Explore bet types, strategies, tips, advice, and more.
What is an each-way bet? An each-way bet can be thought of as two sepeate bets: a win bet, and a place bet. The place bet will be at reduced odds for the player to finish in the top x. Example: A £10 each-way bet on a 20/1 selection and paying 1⁄5 the odds a place for the top 7 would cost £20.
- What You Will Learn About An Each Way Bet
- Exploring An Each Way Bet
- Essential Factors in Golf Betting
- Course Analysis and Setup
- Understanding Golf Betting Odds
- Strategies For Successful Each Way Betting in Golf
- Managing Bankroll and Staking Plans
- Common Mistakes to Avoid
- Exploring Each Way Betting Markets
- Where Can I Place An Each Way Golf Bet?
An each way occurs when you back a player to win and placeYour odds are lower than for an outright winEach way betting increases your chances of receiving a payoutA payout for an each way bet is less than for an outright winDefinition Of An Each Way Bet?
An each way bet occurs when you split your bet on one player into wins and places. Instead of backing a player to win the tournament outright, you leave yourself room for error by including a place bet. That means you can still enjoy returns if your chosen player finishes typically within the top 5, 8, or 10. Sportsbooks determine the cut-off point for places depending on the size of the field. For example, if we look at Unibet for the RBC Canadian Open, 6 is the highest placing spot they pay...
Each Way Bet Payout Structure
I will use the example of Rory McIlroy’s odds for the RBC Canadian Open to detail the payment structure. Rory is priced at 5.50 for an outright win, and Unibet is offering ⅕ of those odds for a player who finishes in the top 6. Therefore, if I decide to take a $10 stake at 5.50 for an outright win, I stand to win $45 and my initial $10, giving me a total of $55. If I switch to golf each way betting, I would pay $20 for the bet to cover the wins and places stake, and my payout potential is $54...
How Each Way Bets Differ in Golf
The most significant difference between each way bets in golf and other sports is how many places the bookies offer. For example, in horse racing, a cut off for a place is 3rd in a standard race and maybe 4th in larger fields. However, in Formula 1, your places are limited to the top 2. However, in golf, each way betting extends places to 5, 6, 8, or sometimes 10 players, depending on the prominence of the tournament and field size. Places are limited at the discretion of the sports book. For...
Player Performance and Form
The best golf punters dedicate their time to scouring PGA and DP Tour Websites for statistics on golfers, courses, and past tournament results. We are gifted with a wealth of data metrics to analyze a golfer’s strengths and weaknesses. However, I find the PGA Touris worlds ahead of their European counterparts. You can use these statistics to identify which golfers have achieved the most victories, top 5, 10, and 20 finishes. In addition, it helps determine the quality of the player’s tee stri...
Analyzing Recent Tournament Results
Analyzing the results of recent tournaments is an appropriate starting point to determine which players are currently in form and brimming with confidence. Although past form does not guarantee success, these players obviously have a higher shot at success than a golfer who has missed consecutive cuts and struggled to find his swing.
Considering Course and Playing Conditions
Considering the golf course on hand and the playing conditions is more essential for me than past form. Every golfer on tour has the ability to win at some point. That is why they compete weekly with the game’s best. When you research, determine what qualities are vital to delivering a solid performance on this course. What trends do you notice from previous winners? Were they accurate off the tee or on approach? Or was their scrambling and putting performance strong. Once you have this infor...
Course Length and Design Features
Besides analyzing a player’s performance, dive into the detail of the golf course for that week, including length, hazards, grass grains, and doglegs. If the golf course is exceptionally long, you want to look at accurate long hitters on tour who will have a better chance to attack flagsticks and make birdies where their peers have to play safe. In addition, if the layout is tight, fairways and greens in regulations become a key factor. Plus, you may consider players with a quality scrambling...
Impact of Weather Conditions
Whenever I create golf betting tips for my clients, I search for a 10 forecast at the proposed venue to see what we have to deal with. If rain or wind is forecast, I look and see how my possible pick has performed in these conditions in the past. It may appear random, but I also consider where the pro grew up or went to University to judge how they will fair in the rain, wind, and sun. For example, players who grew up or studied in coastal areas may have a grasp on how to play in windy condit...
Green Speed and Difficulty
As I mentioned previously, the undulation, speed, and grass on the greens are worth analyzing. When the tour heads to courses like Augusta, where green speeds elevate the stimpmeter, you want players with minimal 3 putts to their name and a strong record of holding longer putts. In addition, look at the total putts per round and one putt record. You want players who can navigate the quick, curving greens without leaking strokes to continue troubling the leaderboard.
Decimal and Fractional Odds
Golf betting odds are displayed in fractional, decimal, and money line format. The latter is predominantly used in North America. An example of fractional odds would be 10/1, meaning for every dollar you stake, your gain $10. As a result, you earn your $10 profit and your original $1 stake back, making it a total of $11. Regarding $11, 10/1 decimal odds are written as 11.0 or 11. That is because you earn a $10 profit on top of the $1 you bet. If you apply the same odds in the money line forma...
How Are Returns On Golf Way Bets Calculated
Returns on golf way bets are calculated by multiplying your stake by the odds. For example, Rory McIlroy has each way odds of 3.7 to win or place in the top 6 at the RBC Canadian Open. If I stake $20 on him, $10 for a win, and $10 for a place, my potential payout grosses $54. Plus, I receive the $20 from my original stake, totaling $74. Let me use an example with fractional odds. If the odds on a player for an each way bet are 3/1, it means that for stand to earn $3 for every $1 you bet. Ther...
Identifying Value Bets
Using my individual player research, course layout, and forecasted weather, I have a clearer picture of who is well-positioned to excel that week. You want to scan down the list and identify golfers who are cheaply priced for the occasion. For example, I identified Corey Connors as a value play at the RBC Canadian Open because his win/place golf bet odds are 11.8. In addition, it is his home Open, where he will thrive off the crowd’s support, and the Oakdale Golf Course is narrow and demands...
Identifying Dark Horses and Outsiders
Golf tournaments are no strangers to dark horses upsetting the leaderboard and punters. You can take calculated risks with cheaply priced golfers with the necessary factors to succeed on a specific course. For example, in the Masters, you want golfers with an accurate tee and approach game. In addition, it is wise to consider golfers with a solid lag putting game, who can face up to lengthy, speedy putts and get down for a par or birdie. Look at the rookies still making a name for themselves...
Researching Lesser-Known Players
The PGA Tour and its affiliates offer a wealth of statistics to help you analyze individual players’ performances. I suggest making the PGA Tour stats siteyour first port of call to identify the capabilities of lesser-known players. However, if you struggle to find information, I recommend finding which tour the individual played before teeing it up on the PGA Tour. Look at the DP World Toursite if the individual is European or the Sunshine Tour site for African players. In addition, you have...
Assessing Recent Improvements in Performance
Golf is a confidence game, and often players hit a hot streak, which sees them constantly challenging the leaderboard. When researching players to back for a tournament, take note of their recent form and see if it is on a downward spiral or an upwards trajectory. If they are improving every week, analyze why that is. Were the courses similar during that period, or did the golfer change something in their game to induce this change?
Setting Realistic Betting Limits
As tempting as it is to bet aggressively in the hope of hitting big, it is vital to gamble responsibly and set realistic betting limits. I suggest setting aside a monthly fund after paying your essential expenses and divide the total budget by 4 to see how much you have to play with every weekend. For example, if you have $100 extra to burn monthly. That leaves you with a budget of $25 per weekend. You can start using $20 a week on an each way bet, and use the $5 towards your next weekend. As...
Applying the Kelly Criterion
The Kelly Criterion is designed to help you identify the ideal mount to stake for a bet. The higher the probability of winning a bet, the more you intend to wager. However, the model dictates that you do not bet if your chances are less than the bookies. The downside of the Kelly Criterion is accurately determining a player’s win or place probability before the tournament, given the quantity of players on the tee sheet. You can obviously use the implied probability percentage from the bookies...
Using a Progressive Staking Strategy
Positive and negative progressive staking are popular strategies in sports betting, with the former proving more successful for me. A positive progressive staking strategy sees you assign a base stake value to start. If you win your bet, you increase the stake of your next bet by the original stake value. The trend continues until you lose and retreat to the original stake value. Then you repeat the process. The negative progressive staking strategy is reckless in my eyes. However, the idea i...
Chasing Longshots Without Reasoning
Although you may have a gut feel about a player, I recommend avoiding betting aimlessly without research. That is tantamount to throwing your money away. And in most cases, the long shot does not come off. Instead, do your research, and know the strengths and weaknesses of the player, along with the course conditions and weather forecast. Identify value bets with underpriced players and take calculated risks.
Overlooking Course Compatibility
It is easy to get caught up in the hype of a player on a hot streak, but always check that their game suits that course. For example, if the golf course is lengthy, you want to back a long hitter like Rory McIlroy, as he will hold a better advantage over a shorter hitter like Brian Stuard. In addition, make sure the player excels on the fairway and green grass varieties, and their shot shape suits the layout. Picking on previous form alone is lazy and can backfire in the form of losing your m...
Ignoring Recent Player Form
Personally, I find course compatibility the most essential factor in my strategy. However, I cannot deny I never ignore recent player form. When a golfer is hot, they have momentum in their favor, and even a poor round still looks pretty compared to their peers. While recent form is significant, it has no bearing on the outcome of the upcoming tournament. However, it does give the said player the belief that they can overcome any challenge and lift silverware. A prime example in 2024 is Scott...
Pre-Tournament Each Way Bets
The best moment to place bets is before a golf tournament starts because this is when you will typically receive the best odds. Naturally, it carries a higher risk because you are betting before getting a feel for how a golfer performs that week or if the weather conditions suit their swing. Conversely, you could find a player like Rory McIlroy for the Canadian Open who is a hot pot favorite. If you take those low odds and he has a poor Thursday, the money may flow away from him, causing his...
Live Betting and In-Play Opportunities
The challenge with placing an each way bet during the competition is that the odds may drop if a player starts to run away with the tournament. Let us say Tony Finau holds an 8-shot lead after Saturday, the likelihood of him placing outside the top 5 or even losing the tournament is minimal. At this point, it makes no sense to place an each way bet as it is almost a foregone conclusion that he will finish on the podium. Therefore, the odds will be next to nothing.
Understanding the Top-5 and Top-10 Markets
There is more to golf betting than just backing a player to win or place. There are also safer bets like top 5, 10, and 20. The odds are less attractive for these punts, giving the increased room for error, but it does increase your chances of generating a payout for the week. Top 5 and 10 bets are great options to find an outsider or value pick who suits the golf course but may not have it in them to win. I actually took this approach with my countryman Louis Oosthuizen in 2021. He has the a...
Each way bets are most popular with European and British sporting books. I find Unibet, Skybet, and Bet365 are the best options. However, if you reside in the United States, Unibet, BetRivers, and Fox Bet operate in most states. You have a backup option if BetRivers, FoxBet, Unibet, SugarHouse, or Bet365 do not operate in your state. Simply place t...
Learn how to bet on golf online. A betting guide including how to bet on golf matchups, how to bet on golf tournaments, bet types and PGA golf wagers.
- The first major golf tournament in 2022 is the Masters from April 7-10 at Augusta National Golf Club. Some of the most decorated golfers of all tim...
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Aug 26, 2024 · Before we take a closer look at golf betting markets, tournaments, and what you need to consider when golf betting, we’ll give a brief summary of golf rules and scoring. Golf Rules. Golf is a club and ball sport played on a large grassed area called a golf course.
Apr 5, 2024 · Let’s take a look at how to bet on golf. We’ll cover some basic terminology, explore the various golf betting markets and take a crash course in golf betting strategy.
May 10, 2020 · Learn how to bet on golf this 2023 season, including each-way betting and hole-in-one betting. The top 5, and Top 10 can be fantastic types of golf bets.
