People have been betting on sports for thousands of years, dating back to ancient times.
It was common in Rome and Greece, where people would bet on chariot races and gladiator fights. In the 18th century, high members of society would bet on horse races. In this age, it’s made its way to basketball, football, and even golf.
Golf enthusiasts are currently looking forward to the biggest golf event of the year, the PGA. The PGA tour is particularly exciting due to its budding partnerships with betting operators and gambling. Are you interested in PGA tour betting?
Here are some essential tips to know to help you win big. Read on to learn more about golf tournament betting.
1. Time Your Bets
PGA tour odds vary between sportsbooks, so shop for odds where you can. One sportsbook may offer a payout of $15, while others may have something more worthwhile.
Timing is also crucial when deciding to place a bet. Some will wait, and others will lock in their bets early. Neither is necessarily better than the other.
That’s why it’s crucial to learn how to time your bets. Practice makes perfect, but you’ll have a better grasp of timing the more you keep betting on golf.
If you’re betting on an underdog, it may be better to bide your time. Oddsmakers adjust prices depending on bets throughout the week.
Don’t be afraid to look for resources that tell you the most popular bets. You can find these on podcasts and social media or visit this golf betting website.
2. Don’t Play Favorites
Every sports lover has a soft spot for a specific player or team. However, when golf tournament betting, you don’t want your bias to get the better of you. The PGA is a high-profile tournament with a high chance of many golfing celebrities attending.
A lot of public money flows toward these players even if they aren’t at peak performance. If you choose to bet on a fan favorite, be smart. Sportsbooks tend to shade lines when there’s a popular market for a particular golfer.
Shading lines in sports betting means increasing the value to the point of consumers overpaying. This translates to not getting enough value for what you paid for. Sportsbooks do this to increase their profit.
3. Look Away From the Tournament Winner
Golf may not seem like the most interesting sport to bet on, but it can be exciting if you know what you’re doing. Picking a tournament winner is the most popular route, but there are plenty of other ways to bet on golf.
Each-way odds are essentially two bets with two payouts. Aside from betting on a player to win, you’re also betting on their final standing, like top 5 or 7. You can place your bet before the event begins or between rounds if the sportsbook allows it.
Head-to-head odds are similar to money lines. You will choose between two golfers and bet on who plays better or finishes higher. There are also nationality bets, where you wager which golfer will be the best player from their country.
4. Research the Course
You don’t have to know the course personally, but it may help to learn about its layout before placing a bet. The region where the course is can impact a player’s performance. Some courses can be bumpy, or the grass can have a different grain.
For example, Bermuda grass tends to have a more severe grain. This can impact the break of the putt.
Some players may thrive in a certain environment, while others struggle to adapt. Betting on a golfer who’s playing on their home field may be the safer option in these cases.
5. Do Your Homework
Doing extra research can help you predict the best odds and get a higher ROI. Don’t simply look at a golfer’s win history and base your bets on that. Instead, check out their performance as they head into the week.
Have they sustained any recent injuries? How long will it take for them to make a full recovery?
Some say the course history doesn’t matter, but it may provide some value in an event as big as the PGA. It may also help to familiarize yourself with up-and-coming amateur players. Look for rookies who stand out, like Sam Bennett and Ludvig Aberg.
6. Check the Weather Report
Weather is a crucial factor in how a course plays. Anything from harsh winds to light rain can alter the course and the golfer’s accuracy. Before locking in any bets, look at the extended and daily weather forecast.
It also helps to look at a player’s skill set to determine how much the weather will affect their game. The weather can also change throughout the day. If you’re expecting rain in the early morning, wait until the sun has dried up the course in the afternoon.
7. Assess Streaks
Golfers can experience hot and cold streaks when we least expect them. In some cases, hot streaks occur when a golfer is in the zone. At other times, the golfer could be competing in a weaker tournament field.
Cold streaks can happen when a golfer has poor putts or driving accuracy. It can also occur if they’re trying out new mechanics or techniques. Previous injuries can also have a significant impact on a golfer’s performance.
If a golfer is on a hot streak, don’t be too hasty to place your bets on that person. Analyze their strengths, how they play into the current course, and how they might impact the golfer’s performance towards the end of the event.
8. Be a Responsible Bettor
If you want to learn how to bet on golf, the most important thing you should take away is to be responsible. There will be over 300 players participating in the 2023 PGA tour. With so many competitors, predicting the right outcomes for any part of the tournament will be difficult.
Betting is a game of profit and loss and you never know what you will get. Only bet what you can afford to lose and know your limits.
PGA Tour Betting Tips for Beginners
Here’s everything you need to know about PGA tour betting. The PGA is an exciting event, and it can be fun to up the ante with a little wager. With these tips, you’ll be able to make some winning betting picks.
Want to learn more about golfing? Check out our other blog posts to discover more.