Online Sportsbook Rules | Betting on Professional Golf
Starting with the PGA Tour in the United States and the European Tour abroad, betting on professional golf can be a great way to add even more excitement to all the action and drama on the course as a tournament unfolds.
Most standard tournaments consist of four rounds that start on a Thursday and end on a Sunday, which is also perfect timing for any weekend sports betting activity.
The most basic bet for any professional golf tournament is picking the outright winner, but that only scratches the surface when it comes to the wide array of betting options on the board at your favorite online sportsbook.
The bigger the tournament, the bigger that list grows. When one of the four Majors rolls around during the course of the season, the list of golf betting odds for winners, futures and prop bets options grows even longer.
The first Major of the year is the Masters at Augusta National in Georgia. This year’s event will take place from Thursday, April 11 through Sunday, April 14. Most of the online books already have futures odds to win on the board and the overall list of betting options will continue to build leading up to the start of the opening round.
If you are looking to bet on this year’s Masters or any of the weekly tournaments on any professional tour, it is a good idea to first consult the rules section of any online book where you will be placing these wagers. There are also some general rules for betting on professional golf that span across the entire online sportsbook betting industry.
One of the most important rules concerns when a golf tournament is deemed to be official for betting purposes. The traditional four-round tournament consists of 72 holes of play in regulation. The general rule is that at least 54 holes must be completed for bets to still have action. This pertains to futures bets and any head-to-head matchup props. A tournament needs to be completed within seven days of the final round for futures bets and matchup bets to have action.
Our own Joe Berra offers weekly PGA picks, and has already picked the winner in three events this year. His picks are a great source of information when betting golf.
If any golfer fails to tee off in the opening round or if forced to withdrawal from any subsequent round (other than failing to make the cut) will be graded as having no action. Any wagers placed for a Top 5, Top 10 or Top 20 finish along with any ‘best in group’ bets will be graded according to the rules for a dead heat. This could result in the amount of the wager being divided by the number of qualified finishers.
For example, if you bet $100 on Tiger Woods to finish in the Top 10 at +200 odds and he ends up in a two-way tie for 10th, the total amount of that stake would be reduced to $50 and the other $50 is lost. The full +200 odds still apply to win $100 with $150 credited back into your account.
Any head-to-head matchup bets for a single round still have action if that round is delayed. In the case of tournaments utilizing more than one golf course, head-to-head matchups by round only apply if the golfers are playing the same course.
For individual players bets, a golf round is not considered to be complete until that player turns in an official signed scorecard. If a player is disqualified for signing an incorrect scorecard, any bets revert back to the final hole completed before the scoring dispute.
The basic nature of professional golf makes this one of the easier sports to bet on. However, you still need to be aware of all the posted betting rules when a rare glitch in play does arise. You should always consult the online sportsbook where the bet was placed for final clarification.
Posted March 30th, 2019