The second biggest betting sport worldwide after football, golf is a goldmine for the sports bettor. With many tournaments throughout the year, and high odds available prior to each tournament, it can be very profitable. How does a winner at 30/1 sound?
It is often said that betting on golf can be as frustrating as it is to play! Everything can be set up for the perfect result, and then - for no reason anyone can explain - the player misses the shot.
But that unpredictability can work in the bettor’s favour too. A couple of lucky shots or a change in the weather can turn a losing position into a winning one.
And with each way wins available up to the 5th or 6th place, it is a bettor’s dream.
A few key aspects of golf betting to take into account:
Research - Betting on golf, more than most sports, benefits from careful research. You are betting on an individual, and requiring them to be at the top of their game - not a team, where a star player can have an off-day, but the team as a whole can still triumph. So knowing about the strengths and weaknesses of the golfers, their current form and history on the course, is vital.
High odds – Bookmakers will offer high odds - even on the favourites - before a tournament starts. The odds can be 30/1, 40/1 or higher! Golf is certainly unusual in this respect. This allows you to back a few players to win, and still make a profit overall, even though you lose all but one of the bets.
18 is a lot of holes – All it takes is a couple of bad holes in a round for a player to lose any prospect of getting on the leaderboard.
The weather – The condition on the day can have an impact. If the day starts fine, but is due to get worse later, it means the early players have an advantage. They can finish their round while the sun is shining, while later players have to battle wind and rain.
OUR TOP TIP
Golf repays careful research into a player's current form, their form on the course, and their abilities in the relevant weather conditions. If a player is currently playing well and has a good history on the particular course for the tournament you are interested in, then they may be worth a high odds bet before the tournament starts. Then, as it progresses, and they are playing well and the price drops, you can lay them (or cash-out) for a guaranteed profit.
In 2011, Darren Clarke won the British Open (aged 42) - a tournament plagued by poor weather. He was very good at playing in such conditions, as research would have demonstrated. Some canny bettors had backed him early on, at odds of 150 to 1...