Here we have an excellent resource for understanding Golf Betting odds. Below I will explain how to read the odds given for golf through your PGA betting site of choice. Also listed are live odds for the upcoming PGA golf tournament. You will want to make sure you obtain the best odds for your PGA selections to ensure maximum payouts. To do this you will want to make sure you utilizing the trusted betting websites we have listed. If you have previously bet on and understand PGA odds please feel free to skip to the bottom to see the live odds for the upcoming golf tournament.
PGA Betting Odds Explained
Outright Winner – This selection is made at the beginning of the tournament and it trying to select the winner of the golf tournament. For example – here is a six-pack of golfers and their odds
Steve Stricker = (20/1) Ernie Els = (25/1)
Hunter Mahan = (35/1) Dustin Johnson = (35/1)
Rickie Fowler = (60/1) Fred Couples = (100/1)
The numbers beside the player’s names in brackets represent the odds given out for that player to win the tournament. If you were to bet $1 on Dustin Johnson for example and he won the tournament, you would win $35. If you were to bet $100 on every player and Dustin Johnson won the tournament you would profit $3000. ($600 total bet. 3500 won for Dustin Johnson’s win plus the 100 you put on Johnson back gives us a nice 3 grand profit.)
Head to Head golfer Match-ups (picks offered only through email)
In head to head golfer match ups we are predicting who will finish with a better score in the tournament. (Note – if the players tie it is the same as a push and the bet is refunded.) Here is an example below.
Phil Mickelson ( +120)
Lee Westwood (-130 )
The numbers in brackets represent the odds listed for each player to finish better in the tournament. These odds are referred to as American odds. If the number has a plus sign in front of it this means he is the underdog, and will pay out more than what you bet. For example at +120 odds a $100 bet on Phil Mickelson would pay out $120, or a $10 bet would pay out $12. If the number has a negative sign in front of it this means he is the favorite, and will pay out less than what you bet. For example at -130 odds it would take a $130 bet on Lee Westwood to payout $100, or $13 to payout $10.
If you are interested on betting on this week’s golf event head to 5dimes.eu to get started.