Showing posts with label golf betting. Show all posts
Showing posts with label golf betting. Show all posts

Thursday, September 15, 2016

Tiger Woods in the Ryder Cup? You Can Bet On It! #golf

In the game of golf and online sports betting in general, there is almost always a wager that warrants conversation. The latest golf events and odds that have caught our attention refer to whether or not Tiger Woods will be playing with Team USA in the 2016 Ryder Cup ...yes, you can bet there are odds on this!

The internet is a buzz with odds on winning the Ryder Cup, FedEx Cup and more and why not? Gambling on golf has been inherent in the game since it's beginnings. Whether you're betting a fun two dollar Nassau with your mates or selecting Fantasy picks for the Italian Open, golf is one of the sports in which gambling is accepted, welcomed and woven deep into the fabric of the sport.

In a recent article from BusinessDailyAfrica.com, "Golf and gambling go hand in hand under strict rules of the game."

Even "the USGA does not object to informal gambling or wagering among individual golfers or teams of golfers when the players in general know each other, participation in the wagering is optional and is limited to the players."

True, there are some inherent do's and don'ts <...Phil Mickelson> but it is everywhere online and has not been condemned (five million Google results online for golf gambling online) so, if you plan to make a wager, bet with your head, not over it.

That being said, let's take a look at the Ryder Cup odds as they currently stand.

Golf Digest has Tiger Woods as a long shot to be added to Team USA roster by Davis Love III, but he is still in the running. I believe that Jim Furyk would also be a great pick for the team.

As outright winners, which team will win The Ryder Cup?

According to Oddschecker.com, here are the betting odds to lift the Ryder Cup trophy:


As far as deciphering these odds, I only partake in on-course wagers so I am unfamiliar with these odds; please feel free to comment below in this golf blog to help explain!

It is rumored that the PGA Tour is considering permitting sports gambling on golf tournaments. Do you think this is a good idea? Tweet and tag us on Twitter @Golf4Beginners and comment below on our Golf for Beginners blog.



This golf blog does not promote or encourage gambling or betting to any individual under the age of 21 years. Please be thoughtful if gambling on any event and we urge you not to play over your limit.


Tuesday, December 11, 2012

Did You Win YOUR Bet That Mandela Would Make it to the European Tour?

The European Tour is the second largest tour in the world of golf coming in second only to the PGA Tour. The increase in popularity of the European Tour can be attributed to its broad inclusion in other parts of the world featuring venues held not only in Europe but also in Africa, the Middle East and Asia. Smaller tours, such as the Sunshine Tour, are part of a global constinuency which makes up the International Federation of PGA Tours, co-sanctioning four events with the European Tour.

That being said, the most recent event played this past weekend on the Sunshine Tour was the inaugural Nelson Mandela Championship. A possibly more well-known tourney taking place this week on the Sunshine Tour is the Alfred Dunhill Championship. Both events count toward the Race to Dubai, a year-long global affair with a prize in excess of $1 million dollars.

Although few Sunshine Tour events attract top names in golf, this week, Louis Oosthuizen and Charl Schwartzel are both competing: adding the name Mandela to any event also elevates it don't you think? These golf tournaments also give rise to fresh faces who might one day move toward a permanent spot on the Euro Tour.

Since gambling is an inherent part of golf, with these events comes the opportunity for sports betting.  As I have come to learn (no, I don't gamble but I read a lot), in the past, these sorts of transactions were done with a bookie, however, with the rise of the internet over the past few years many forms of gambling have taken full advantage of the online culture of this medium. Now bookmakers and casinos can be found online and everything that goes with them. People who fancy a quick go on the slots on their computer, or even their smartphone, can now do this at sites such as LuckyNuggetCasino.com online casino, along with card games such as Poker or Blackjack which are usually found to be more popular among sports fans. Betting on golf can now be done before or even during the game wherever they are; this new face of gambling also has expanded the types of sporting events on which bets can be placed.

The Nelson Mandela Championship, for example, showed me that a bettor would be able to predict finishing positions. This type of sports bet is where you make a prediction on where a golfer will finish at the conclusion of the tournament. This is a bit different than other bets as you can bet high which means you expect your selected golfer to do poorly in the tournament. On the other hand, you can decide to go low which means you expect him to do rather well. To know specifically what this looks like depends on the quote associated with a specific golfer. For instance, he may be quoted to be 5-8. This means that the sportsbooks have him predicted to finish either 6th or 7th. If you want to bet low, meaning he will do well, you would sell the finishing position at 5. If you expect this golfer may not place as well as expected, you would sell the finishing position at 8.

Where I do not condone gambling, I found the process quite interesting and wanted to share it with the audience. There are many people who go in ready to place a bet but not understanding the modus operandi in order to give themselves a chance at success.

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