Golf Betting & Golf Odds at Betiton
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Golf has gone on to become one of the world’s most popular sports, and it is actually one of the best sports for placing bets on. Why is this? Well, it is because there are many golf events that take place, which means that you will always have something to put your hard-earned money on. To add to this, there are plenty of different markets that you can make use of, meaning that boredom will never creep in when golf betting online. In this golf betting preview, we will tell you everything that you need to know about sports betting on this wonderful sport.
Golf Betting Explained by Betiton UK
To develop a successful golf betting strategy, it’s crucial to grasp the concept of using odds to assign an implied probability to a specific outcome.
Understanding this concept aids in identifying value within published odds and guides the determination of stake amounts. This process involves calculating a unique balance between risk and reward for each bet.
A formula applicable to decimal odds facilitates the calculation of implied probability:
(1 / decimal odds) * 100 = implied probability
For instance, if you aim to support Player X in winning the 2024 U.S. Masters Championship, you can take the value of 1 and divide it by the team’s average odds of 2.10. The resulting value, when multiplied by 100, indicates that the Player X has a 47.61% probability of winning the 2024 U.S. Masters Championship.
How to Bet on Golf at Betiton UK?
If you want to start betting on golf tournaments, there are some important steps that you need to go through in order to place your wager. We have outlined them below for you but would like to highlight that these steps apply for betting on any sport that you want to bet on at Betiton. So, without further delay, let’s crack on:
- To open an account at Betiton UK, first you just need to click “Join” in the top left, and fill in the empty fields in the form with personal details.
- After that, click “Open Account”, and you will be a member of Betiton
- Once you have a new account, the next thing that you need to do is fund your account. To do this, go to our cashier page, choose among our deposit methods that suits you best, and follow the simple instructions. The money that you deposit should appear in your account right away
- Claim the Welcome Bonus that we have on offer. Simply deposit £15, and then bet £15 on an outcome with minimum odds of 1/1 in order to receive a £10 free bet.
- The next thing to do is find a golf event that you can place your bet on. Simply click on golf from our list of sports, and have a look through until you find something that catches your eye.
- Click on it, and the market and odds will be added to your betting slip. Decide how much you want to stake and add the value into the stake box. Once you are happy with your choices, click on Submit, and you will have placed your first golf bet at Betiton UK.
Top Golf Betting Tournaments
While there are golf events being played on the PGA Tour and the European Tour throughout the year, there are some golf tournaments that are more prestigious, and we are going to take the time to have a look at these below.
🏌️ Golf Event | 🏟️ Place | 📅 Dates |
U.S. Masters | Augusta National, Georgia | Mon, 8 Apr 2024 – Sun, 14 Apr 2024 |
The Open Championship | Royal Troon, Scotland | Sunday, 14 July 2024 – Sunday, 21 July 2024 (including qualifying) |
The Ryder Cup | Marco Simone Golf & Country Club, Rome | Friday, 29 Sept 2023 – Sunday, 1 Oct 2023 |
The PGA Championship | Louisville, Kentucky | Thursday, 16th May 2024 – Sunday, 19th May 2024 |
The US Open | Pinehurst, North Carolina | Thursday, 13th June 2024 – Sunday 16th June 2024 |
The Masters
The Masters is played in April each year at the Augusta course in Georgia, Atalanta, and it is one of the biggest golf tournaments out there. It is one of the four majors in men’s golf, and is the only one that takes place at the same location every year. The winner of this golf tournament receives a green jacket, which is the highlight of any golfer’s career. John Rahm won the competition for the first time in 2023, while Jack Nicklaus is the most successful player, having won The Masters no fewer than six times.
PGA Championship
The PGA Championship is another one of the four majors – it used to take place in the middle of August, but in 2019 it was moved to the month of May, and it has stayed like that ever since. While The Masters is played at just the one venue, the PGA Championship takes place in a different location each year. The 2023 edition was played at the Oak Hill County Club in Pittsford, New York, while the 2024 version will take place in Louisville at the Valhalla Golf Club. Brooks Koepka won for the third time in 2023, while Jack Nicklaus is the most successful player in the history of this competition with five wins.
The Ryder Cup
The Ryder Cup is a tournament that takes place between a team from the United States and a team from Europe every two years – the location will vary between courses in Europe and the United States. The 2023 edition will be played at the Marco Simone Golf and Country Club in Rome from the 29th of September to the 1st of October. The United States won the 2021 edition in Wisconsin and will be quite confident of being able to retain their title later this year.
US Open
The US Open, which is also called the United States Open Championship, is the third of four majors and is played at different locations across the United States. The 2023 edition will take place between the 15th-18th of June, and Scottie Scheffler is the favourite to win it with odds of 7/1. The likes of John Rahm, Brooks Koepka, and Rory McIlroy are also strong favourites to take the title home. Matt Fitzpatrick is the reigning champion, having won it at The County Club in Brookline, Massachusetts, in 2022.
The Open Championship
The Open Championship, which is also called the British Open, is the sole non-American major, and it comes with plenty of prestige because golf was created in Scotland. This is the oldest golf event in the world, and used to take place each year at the Prestwick Golf Club in Scotland. However, nowadays the event takes place at a variety of golf courses around the United Kingdom. The 2023 edition will be played between the 20th and 23rd of July at the Royal Liverpool Golf Club, and Cameron Smith will try to defend the title that he won in 2022.
The Players Championship
Although the Players Championship is not actually a major, it is such a prestigious competition that many consider it to be the unofficial fifth major. As of 2023, the winner of this event claims a huge $4.5 million, with the complete prize purse being $25 million, the biggest purse in the golfing world. The competition takes place in May each year at the Ponte Vedra Beach in Florida. The 2023 edition was won by Scheffler, who came out on top against Min Woo Lee and Cameron Davis.
Arnold Palmer Invitational
The Arnold Palmer Invitational takes place every March in Bay Hill, Florida. Since 2017, the winner of this event gets a red cardigan sweater to honour the memory of Arnold Palmer, who died in 2016. As you can tell from the name of this competition, a played needs to be invited in order to take part in this competition. The 2023 version of this event was won by Kurt Kitayama.
Golf Betting Markets
Now that you know about the betting rules and the different big competitions that you can place bets on, we are now going to take a look at some of the best golf betting markets that golf bettors can put their money on. If you look at the different golf betting offers out there, you would be forgiven for believing that golf is a sport that was created for the sole purpose of betting.
The nature of this sport opens it up to a variety of bets, so below we are going to have a look at some of the most popular golf betting markets that golf bettors can put their money on.
Tournament Winner
This is an uncomplicated and straightforward bet on the golfer that you think will go on to win the competition. If they do go on to lift the title, then you will win your wager. If they do not lift the title, then you lose your stake. It is as simple as that.
1st Round Leader
With a 1st round leader wager, you are trying to predict the player that will be sitting at the top of the leaderboard when the first day’s play has come to an end. With this bet, it does not matter what your player does after the first day, so long as they are sitting pretty at the top of the final table on day one.
Top 5 Finish
In golf, due to the vast number of participants, you can also put your money on a player finishing within a particular range of positions. For instance, you can put your cash on a player to finish in the Top 5 – If they do not play well enough to win the trophy, but finish in second, third, fourth, or fifth, then you will win your bet.
Top 10 Finish
If you do not think that a player will end up in the top five but still think that they will go on and have a good competition, then you can put your money on them finishing in the top ten, instead of the top five.
Top 20 Finish
If you think that a top 10 finish is too much of an ask for a particular player that you would like to bet on, then another option available to you is to bet on them finishing within the top 20. Obviously, when it comes to golf betting odds, if you put your money on a player to finish in the top five, then you can expect to find higher odds than if you were to put your cash on a player to finish in the top 20.
Make the Cut
In a stroke play golf event, there will be a cut that eliminates those players who find themselves in the lower half of the table. Although it might seem harsh to some sports fan, it is a necessary procedure due to the fact that there are usually around 120- 160 players taking part in a golf competition. Those players that get to carry on after this elimination process are said to have made the cut, while those who are eliminated are said to have missed the cut. At a top golf betting site such as Betiton UK, you will be able to bet on whether you feel a certain player will make the cut.
Top Nationality
With most golf events, you will be able to put money on the golfer that you think will be the top player from a certain country. For example, if there are three Irish golfers playing in an event, and you would like to put money on McIlroy to be the best performer from the three, then all he needs to do to help you win your stake is finish in a higher position than his compatriots.
Golf Betting Tips
In this section of our guide, we are going to provide you with some top golf betting tips that you can make use of when you are live golf betting. These can increase your chances of landing a win, but it is important to remember that winning is something that can never be guaranteed when you are betting on sports. However, when you are betting on this sport, it is wise to have a golf betting system instead of just relying on luck.
Player Form
Before you start US Open golf betting or betting on another event, one of the very first things that we recommend you do is look at the players and assess the kind of form that they are in. You should check out how they have played in recent events, and forget about putting your money on a golfer that has not played at a tournament for a while – they will be rusty and usually do not go on to win.
Check Out the Stats
Have a gander at recent and season-long stats as this is something that can give you some sort of edge over your sports betting site. One important thing to pay attention to is a player’s putting success because if they struggle to putt, then they will not come out on top in many golf events.
Analyse the Course
Many European and PGA events take place on the same courses, and this makes it easier for you to check whether a player has a liking or a dislike for a particular course. Novice bettors often believe that all courses are more or the less same, but this is a misconception. Some golf courses will require a lot more accuracy off the tee, while other golf courses are wider and do not require as accuracy.
Do Plenty of Homework
Before you place your latest golf betting wagers, it is really important that you do a bit of homework beforehand. We recommend that you listen to podcasts from golf tipsters that know a lot about this wonderful sport. One top podcaster is Steve Bamford, so give him a listen before placing bets.
If you are serious about golf betting, then you need to know what the different golf scoring terms are. You can find them out in the table below:
Term | Score |
Albatross | 3 Under Par |
Eagle | 2 Under Par |
Birdie | 1 Under Par |
Par | Same as Par |
Bogey | 1 Over Par |
Double Bogey | 2 Over Par |
Triple Bogey | 3 Over Par |
Golf Betting Offers and Promotions
The sports betting world is a very competitive one, so sports betting sites, such as Betiton, need to offer enticing bonuses and promotions to try and attract new punters to open an account and existing players to stick around. We are now going to have a look at some of the different bonuses and promotions that you can come across should you opt to register with Betiton.
- We are going to start off by looking at the Betiton welcome offer that we have available. If you register with Betiton, then there is a £10 free bet that is up for grabs once you have bet at least £15 on a sports event. The odds of your qualifying bet have to be at least 2.00, and you will have just 14 days to use the free bet once it has been given to you.
- When it comes to promotions, there is a Boostiton promotion which is great for those who like to make accumulator bets as we will boost any winnings by a certain percentage. For instance, if you build an accumulator with a minimum of four predictions and it comes in, you will receive a 4% boost. However, if you construct a 15-fold accumulator and it wins, we will add a massive 77% boost to your winnings.
- We also offer a great cashout feature that our punters can use. This feature is great as it gives you full control of your wagers since it allows you to cash out when you want to. If your bet is currently winning, but you feel that it will go on to lose, then you can consider cashing out so that you at least land some type of profit. However, it is important to note that not all wagers have a cash out feature.
Frequently Asked Questions about Golf Betting UK
❓ How Do You Bet on Golf?
Betting on golf is as easy as betting on any other sport. Simply go to our golf page, take a look at the current markets on offer, and select something that entice you. The market will be added to a betting slip, and you then have to decide how much you want to wager on it. When you are content with your decisions, hit submit and your bet will then be placed.
❓ Where is the Best Places for Golf Betting?
Betiton is the best place to bet on darts as we offer a wide variety of golf markets as well as really competitive odds. No matter the golf tournament that is being played, you can bet on it here.
❓ Can You Gamble on Golf?
Yes, of course, you can gamble on golf. This sport happens to be one of the best to gamble on due to the fact that there are so many yearly events and plenty of markets that you can put your cash on. However, when betting on golf, always remember to gamble responsibly.
❓ What Are the Best Golf Betting Markets?
Well, this is a subjective question as the best golf betting markets for one person, might not be the best for another. However, some of the most popular markets for golf include tournament winner, to make the cut, and best nationality.