. Golf Betting Odds: Strategies, Tips, and Picks for Winning Wagers

Golf Betting Odds

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The slow pace and distinct breaks between holes make golf an ideal sport for betting. Furthermore, advancements in live golf betting now enable you to wager on minute details such as a player’s score on the upcoming hole. This allows you to place bets as you watch the action unfold.

Almost every weekend, you can place bets on PGA tournaments, celebrity charity matches, international team showdowns, and more. Regardless of the outcome of the last weekend’s golf betting, there's always the next weekend to anticipate.

You’ve come to the right place if you’re interested in placing legal online bets on golf in Arizona. We’re about to give you the essential information you need for golf betting in AZ, along with live PGA odds straight from the leading online sportsbooks.

Live odds for next PGA golf tournament

The odds for PGA Tournaments are released well in advance of the initial tee shot. Our live odds feed compiles the most recent odds from all leading sportsbooks, saving you the trouble of doing it yourself. Simply click on the odds to claim the bonus and prepare for your bet.

Golf odds explained

Before tournaments start, most discussions among betting enthusiasts center on predicting the winner and identifying golfers likely to perform well. Consequently, many popular bet types are based on these predictions. For bets such as tournament winners and Top 10 finishers, odds will be provided for all participants. The top of the odds board could look something like this.

Waste Management Phoenix Open Winning Odds:

  • Jon Rahm        +1200
  • Collin Morikawa    +1300
  • Dustin Johnson    +1400
  • Jordan Spieth        +1500

This type of betting closely resembles the futures market for upcoming major golf tournaments such as the Masters or US Open. It provides odds for all competing golfers: favorites are listed first, underdogs at the end, and the rest are positioned in between.

These bets imply that the lower the odds, the higher the chance a golfer has to perform well, according to the oddsmakers. As bettors start to place their bets, there will likely be shifts in the betting board. The odds for some golfers may decrease, while they might increase for others.

Numerous other golf bets involve fewer choices. A head-to-head bet, for instance, matches two golfers against each other, whereas groups might consist of three or four field members. The odds in a simple pairing situation would be similar to those in a moneyline bet for different sports.

  • Rory McIlroy        -120
  • Brooks Koepka    +110

Negative odds signify the favorite outcome, while positive odds are associated with the underdog. A narrow gap between the two numbers suggests a closely contested matchup, while a large difference indicates a likely mismatch. In group betting, this system operates similarly, with a designated favorite and fluctuating odds for each option.

Regardless of your golf betting strategy, it’s advisable to consistently compare odds by shopping around. Our live odds feed is an excellent resource for this. Without looking, you might miss the discrepancies among different sportsbooks. Given that the odds directly influence your returns from winning bets, the time invested in this endeavor is well worth it.

When discussing returns, if you know the odds, you can rapidly calculate potential profits.

Odds in the negative: This indicates the amount you need to wager for the potential to win $100.

  • Place a $140 bet with odds of -140 for a chance to win $100.

If the odds are positive, the number indicates the amount you would expect to receive back for a successful bet of $100.

  • Place a $100 bet with +150 odds for an opportunity to win $150.

Golf odds may initially seem perplexing, but rest assured, you’re not alone in feeling this way. The silver lining is that with some familiarity and practice, it won’t take long to understand them. Soon, you’ll be viewing PGA betting odds with confidence, ready to place your bets swiftly.

Top Ways To Bet On Golf

Numerous methods exist for participating in the action of the PGA Tour through legal online sportsbooks. As you prepare to partake, it might be beneficial to categorize the best options into two primary groups: top finishers and individual performances.

In the first case, you will be placing bets on the overall winner of the tournament or on those you expect to rank highly. Examples in this category include:

  • Betting on golfers to win the tournament.
  • Bet on golfers to finish in the top 5, 10, 20, etc., without necessarily winning the tournament.
  • Each-way: A type of bet that involves wagering on a golfer to either win or rank in the top 10.

Odds are available for all golfers in the field for these bets. A typical PGA Tour stop usually sees over 100 golfers ready to tee off, providing a wealth of information to process. To make it easier, it can be beneficial to categorize the field into three tiers: favorites, longshots, and mid-range.

You can then choose your preferred options from each category and focus most of your research time on them. Other popular golf bets only require you to make a few choices. These bets can provide you with extra excitement as the tournament unfolds, while also increasing your chances of winning.

  • Head-to-head: This is similar to choosing the winning team in other sports. However, in this case, you’re determining which of two golfers will outperform the other.
  • Betting in groups: Rather than selecting the best from a single matchup, groups can consist of three or four options, frequently referred to as three-ball or four-ball bets.

There’s a lot to ponder in the two main categories, but the golf betting menu also offers several other premier options. Here are some of the most favored ones.

  • Props, or proposition bets, are essentially wagers placed either on the overall tournament or on an individual golfer’s performance, like the number of eagles scored in the second round.
  • In-play betting: This feature allows you to wager in real time as the event unfolds on the field. It’s a highlighted service provided by leading sportsbooks. You can also see live updates directly on the app or website as the action continues.
  • Futures refer to wagers placed on results that will not be determined until a future date. In golf, the primary futures are centered on the victors of the four major tournaments: the Masters, the US Open, the Open Championship, and the PGA Championship.

Numerous betting methods exist for golf. As a beginner, you don’t need to master all these methods simultaneously. Instead, select a few that you find attractive and acquire as much knowledge as you can about them. Gradually, incorporate more options into your toolkit. Eventually, you’ll discover the perfect blend of strategies that work best for you and your plan.

Latest Odds for PGA Golf Majors

Regarding the PGA Tour, some tournaments garner more attention than others. The four major tournaments sit at the pinnacle of this list, consistently drawing the leading golf personalities and obtaining the most media attention. Additionally, they offer the most gambling opportunities. Here’s all the information you need about these four tournaments.

Masters Odds

The Masters, the most esteemed golf tournament, is annually held at Augusta National in Georgia in the early part of April. A green jacket, the tournament’s most iconic tradition, is awarded to the winner.

Sportsbooks typically provide bettors with a variety of bets and special deals for The Masters. These may range from hundreds of dollars in betting credits to additional bets on the performance of the previous year’s champion.

Having experience is significantly beneficial at the Masters, given the multitude of course details that can instantly derail a round. It’s crucial to know the best placements for the ball to navigate the course smoothly. Effective putting and outstanding accuracy with irons are both essential for securing the green jacket. Typically, champions position themselves for shorter putts to avoid tackling extensive distances on Augusta’s greens.

The tournament has a prize pool exceeding $11 million, with approximately $2 million going to the winner. Check our complete page for The Masters golf odds.

Year Champion
2021 Hideki Matsuyama
2020 Dustin Johnson
2019 Tiger Woods
2018 Patrick Reed
2017 Sergio Garcia

US Open Odds

The US Open, which is held in mid-June, rotates among various golf courses. Regardless of the location, one constant aspect is the high difficulty level of the course, characterized by thick rough and other features that contribute to high scores.

Golfers, therefore, have to be extremely precise to evade these traps and stay on the fairway. Consequently, golfers who play recklessly may often find difficulty in the US Open due to their inability to navigate around the course successfully. It’s usually a wise strategy to select players who consistently hit fairways.

The purse of the tournament is over $12 million, which is the highest among all major tournaments. Check out our comprehensive US Open golf odds page.

Year Champion
2021 Jon Rahm
2020 Bryson DeChambeau
2019 Gary Woodland
2018 Brooks Koepka
2017 Brooks Koepka

PGA Championship Odds

The PGA Championship, a major that typically takes place in the Eastern United States, shifts locations periodically. Only prestigious courses host the tournament, which is unique in that it does not allow amateur players to compete.

The rotating host course can cause the required skills and traits for golfers to vary from year to year. For example, on courses with narrow fairways, precision might be the most coveted trait, while on others, strength could be more rewarded. To stimulate betting on the PGA Championship, special promotions such as enhanced odds and deposit bonuses may be offered.

The tournament’s total prize money is approximately $11 million.

Year Champion
2021 Phil Mickelson
2020 Collin Morikawa
2019 Brooks Koepka
2018 Brooks Koepka
2017 Justin Thomas

British Open (Open Championship) odds

The Open Championship, the only major that occurs outside the US, is held in the United Kingdom on a links-style course typically situated near the ocean. This necessitates a unique style of play due to the distinct features of links courses. The tournament is scheduled for July.

Links-style courses are typically constructed more “organically” from the landscape and are characterized by coastal winds. This necessitates players to maintain a low ball flight and also have the ability to hit for distance.

The course for The Open Championship changes annually, with only 14 courses having ever hosted the tournament. Of these, ten are still in use, while four have been retired.

Expect a range of special bets to be available, with a greater focus on European golfers. Occasionally, sportsbooks may provide enhanced odds or promotions for bets placed on these players.

Year Champion
2021 Collin Morikawa
2019 Shane Lowry
2018 Francesco Molinari
2017 Jordan Spieth
2016 Henrik Stenson

What are the most important stats in golf betting?

A range of statistics are available to assist you in making your golf betting choices. These statistics can provide comprehensive insights into a player’s game, helping you determine if they are a suitable betting option.

Understanding what to focus on when examining golf statistics is crucial. For instance, some tournaments necessitate precise driving, while others demand powerful drives. The US Open, renowned for its dense rough, prioritizes accuracy. Hence, seeking a golfer with a high percentage of fairways hit is advisable. For those with powerful drives, the driving distance is the key stat to consider.

To understand where a golfer shines, the strokes gained stat is a useful tool. For instance, the strokes gained putting stat can help identify a strong putter. If a tournament necessitates accuracy with irons, you should refer to the strokes gained on approach stat.

Golf betting promotions and odds boosts

The competition among sportsbooks is one of the greatest advantages of a legal gambling market. These companies vie for your patronage, offering enticing bonuses to persuade you to sign up with them.

Maybe a sportsbook will match your initial deposit up to a specified dollar amount or provide you with a bonus bet. Other typical promotions might involve tokens that can boost your bet size or loyalty points that you can redeem for rewards.

Besides all the existing promotions, odds boosts are gaining increasing popularity. These are picks that the sportsbook provides with extremely high odds. Usually, these plays have a high expected return, and consequently, they typically have a low maximum bet limit.

Betting on other PGA events

The four major tournaments aren’t the only PGA events that offer exciting betting opportunities. Tournaments are held most weekends. The Genesis Invitational, the Waste Management Open, the BMW Championship, and the Wells Fargo Championship are some other significant tour stops. These tournaments all provide substantial prize money and stiff competition.

Additionally, you might discover that you prefer wagering on smaller PGA Tour events as they often present greater opportunities for upsets. The reduced presence or effort of prominent players makes it simpler for lesser-known names to secure a win.

Bet on the Ryder Cup or Presidents Cup

The Presidents Cup and Ryder Cup are both golf competitions where a team of golfers from the United States compete against teams from different parts of the world. The Ryder Cup sees the US team battling it out with Europe, while in the Presidents Cup, the US team competes against teams from the rest of the world.

Betting on these events can be enjoyable due to their deviation from the conventional four-day stroke play format commonly used in most tournaments. The assortment of matches and the dual-team tournament structure provide additional betting opportunities.

For instance, you have the option to place wagers either on a broader scale involving the two teams, or on a more detailed level focusing on the individual golf games. This adds an extra layer of excitement to these two events, which only occur biennially.

Which PGA events are in Arizona?

The warm climate of Arizona makes it one of the world’s top golf destinations, boasting several exceptional courses. Therefore, it’s logical that the state serves as a host for some PGA Tour events.

The Waste Management Open, held in Scottsdale, Arizona, is renowned for its infamous 16th hole and its relaxed atmosphere, which is a stark contrast to the strict rules typically followed by fans at most golf tournaments. This Arizona-based tournament is particularly known for its rowdy crowd. The introduction of an on-site sportsbook from DraftKings at TPC Scottsdale is expected to further intensify the unruliness of the crowd.

This has become one of the most popular and enjoyable stops on the tour, attracting many who wish to experience the tournament’s energy, making it a favored travel destination.

Betting on the LPGA

Betting on the LPGA is an option at certain sportsbooks, although not all will provide odds for every event. The women’s schedule mirrors that of the PGA Tour, hosting tournaments nearly every weekend. However, there are some disparities, such as the LPGA currently having five major tournaments, compared to the PGA’s four.

If you’re interested in following the LPGA, here’s a list of some of the season’s major events that you might want to watch.

  • ANA Inspiration
  • US Women's Open
  • Women's PGA Championship
  • Women's British Open
  • The Evian Championship
  • Marathon LPGA Classic
  • Amundi Evian Championship
  • AIG Women's Open
  • CP Women's Open

How to download an app for live golf betting

If you want to place bets on live golf, the most efficient way is via an app. Apps provide unmatched speed, enabling you to wager on events as they unfold in real time. It’s straightforward to download a sportsbook app and get started with betting. Here are the steps you need to follow:

  • Select one of our suggested Arizona sportsbook apps and click on its link to navigate to its website.
  • Download the app from the site of the sportsbook.
  • Begin by setting up your account and commence your betting.

Betting live is becoming more and more favored. The golf betting odds that are provided prior to the event will fluctuate rapidly as the event progresses in real time. This signifies that the odds will constantly change to mirror the evolving nature of the event. Such odds are quick to change, hence, if you find some appealing ones, you should be prepared to place a bet swiftly.

These odds are determined by the sportsbook based on two considerations. The first is to mirror the likelihood of an event happening. For instance, if Dustin Johnson is significantly leading the pack, the live odds for his victory in the tournament will be low. The second consideration is to minimize the sportsbook’s risk. This implies that it aims to promote roughly equal betting on both sides of a bet.

Best golf betting app in 2023

DraftKings AZ Sportsbook is likely the top golf betting app for Arizona residents. It provides a wide variety of golf bets, appealing promotions, and enhanced odds. The betting markets are strong and offer numerous options. Additionally, it’s the sole group formally partnered with the PGA and TPC Scottsdale to provide sports betting in Arizona, both online and at the TPC Scottsdale sportsbook.

DraftKings offers a highly competitive product for live betting, positioning it as a leader in the industry. The app refreshes rapidly and features a user-friendly interface, delivering a satisfying experience for bettors of all skill levels.

If you’re based in Arizona and want to place a bet on golf, consider using the DraftKings platform. Alternatively, BetMGM Arizona and FanDuel Arizona are also excellent options for regulated sportsbooks.

Golf betting tips for beginners

In the realm of golf betting, there are certain pitfalls that beginner bettors may stumble upon. The following golf betting suggestions and tips are designed to assist you in circumventing some of these potential issues.

  • Conduct thorough research: You may occasionally win a few bets by trusting your instincts, but golf betting requires a fair amount of research for consistent success. Invest time in understanding which golfers excel on different courses, who is currently in top form, and how the weather conditions might impact the tournament. These factors greatly influence the outcomes of tournaments, and detailed research will assist you in making more informed betting decisions.
  • Change up the odds you bet on: The tournament offers a broad spectrum of favorites and underdogs all vying for the title, which could lead bettors to lean too heavily on one type of wager. There are those who always bet on underdogs and long odds, whereas others excessively bet on favorites. It’s advisable to diversify your betting. Have a blend of bets that cover stronger players with a higher likelihood of winning, and others that cover longer shots with massive potential payouts.
  • Wager on various golfers: Most beginners usually select one golfer to support and root for throughout the competition. However, the problem is that each tournament only has one victor. It can be extremely challenging to identify that winner with just one choice. By opting for several golfers, you introduce diversity to your selections. Even though this golf betting strategy may reduce your potential earnings, it can prove beneficial in the long term.

What are the advantages of golf betting?

Wagering on golf offers several appealing advantages. Here are three primary reasons why it’s beneficial:

1. Variety of bets available

While major types of bets such as the moneyline, total and point spread are available in all major North American professional team sports, golf provides a range of different betting options.

Options for betting encompass predicting which player will score a birdie on the eighth hole and if there will be a hole-in-one during the tournament. This range of options helps maintain excitement and novelty.

2. Potential for long-shot victories

Peruse the odds offered for any golf tournament and you’ll encounter a multitude of names. Given that even top-notch players may only secure victories a handful of times annually, golf proves an enticing option for those who relish hunting for underdog champions. For those willing to dedicate the time and effort, it's feasible to reap significant returns if an obscure golfer triumphs.

3. Year-round action

Professional golf tours conduct a tournament almost every weekend throughout the year. These tournaments run from Thursday to Sunday, after which the players advance to the next week’s game.

This is ideal for those who don’t want to manage the off-season typical of other sports. With golf, there’s always a tournament to anticipate and always an event to get your bets ready for.