Whether you plan to bet on the PGA or the LIV tour, there are some important tips that you should always remember when gambling on golf. There is so much to love about betting on this sport from the wide range of markets to the unexpected nature of the events. Click here to see just how many markets you can potentially bet on. Before you make any picks or part with any of your cash, here are some tips you must remember.
Scanning For Odds
Because of the unexpected nature of golf results, the odds can vary wildly from one bookmaker to the next. This is exactly why you have to ensure that you scan across several bookmakers before you place your bets. In some cases, you may find that a single golfer to win a tournament could range from 20/1 to 30/1, for the same pick. It is important that you get maximum value for your bet and that is exactly why you need to scan across the bookmakers. Some sites will collate all the current odds from different sportsbooks, so check those out too.
Get in Early
Most bookmakers will allow you to place bets on events months before they get started. This gives you the best chance of getting some seriously high-quality odds. If you are worried that you pick a golfer who then goes on to get injured before the event, don’t fear as you will get your money back if they do not feature for any reason. Making your picks ahead of time can secure you some tasty odds.
Using Each Way Betting
Each way betting allows you to pick a golfer whom you think will do well, and it will pay out if they finish in the top 4. Some bookmakers will actually pay out if they finish in the top 5. Picking a winner at a golf event is far from easy, yet each way betting gives you a much fairer chance of securing some winnings if your pick does do well.
Using Your Cash-Out Feature
There are many bookmakers out there who will offer both in-play betting and the chance to cash out your bets. This is a great option especially if you are choosing to bet on a long shot. As we have seen many times in the past, a longshot may have 2 good rounds and make the cut, before falling off and dropping down the rankings. If you have picked such a golfer, however, you may have a decent cash-out option after that second round. Let’s say that you picked a 50/1 shot and placed $10 for a potential $500 payout, you may find that you are offered around $100 if they play well across the first two rounds. It is prudent to take that cash out and the profit and move on to another bet.
These are just some of the tips you need to bear in mind when placing bets on golf.