The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field (all others) option, at various odds.

For example, Tiger Woods may be listed at 2-1, Tom Lehman at 25-1, Bob May at 100-1, etc. If you bet $10 on Lehman at 25-1 and he goes on to win the tournament, you win $250 plus your $10 back, for a total payoff of $260.

Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head to head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better (lower) score wins the matchup. (If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.)

Especially in major tournaments, some sports books offer odds on unusual golf propositions, such as the over/under on the winning score, the over/under on the lowest round by any golfer or the over/under on the finishing position by a particular golfer.

Rules may vary by bookie, but usually your golfer must tee off in the tournament for "action" (meaning once he tees off, you will either win or lose your bet). If for some reason he does not tee off, this is usually considered "no action" and tickets are refunded.

Golf Rules

In the event a tournament doesn't go the number of completed holes (usually 72), and the tournament is shortened by PGA officials, then the leader at the end of the number of holes determined to be official by the PGA shall be the winner.

In head to head matchups, both golfers must tee off in order have action. And also have action regardless of completion date.

In the event that one player or the other is disqualified or withdraws after teeing off, the other golfer will be the winner of the matchup.

The most completed holes and the lowest score for either golfer is the winner of the matchup.

If the players complete the same number of holes, then the player with the lowest score wins.

For wagering sportsbooks betting purposes, if the players are still tied then the wager will be a push, unless they are tied for first place.

If both golfers in a match-up are in a playoff:

• winner of play-off wins the match-up and
• all other playoff participants tie each other

Dead Heat Rule: For example where there are 3 players tied for 4th place and a market has been offered on players to finish in the top 4 of a tournament (the amount wagered is divided by the number of participants involved in the dead heat).

The full odds are then paid to the divided portion, with the remainder of the stake money being lost.

For Place/Show/Top 4/Top 10 betting: When there is a dead heat where the number of tied participants exceeds the places available for that particular bet, the stake money/amount wagered is multiplied by the number of places on offer but divided by the number of tied participants.

The full odds are then paid to the divided stake, with the remainder of the stake money being lost.

Dead Heat rules do not apply to events where a price is offered for the draw or tie.

Golf - Odds

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