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Crick's Corner: Understanding Betting Golf

What's Up Y'all?!?!? I've realized, watching The Masters the last couple days, that we haven't discussed how to bet on "Golf" much... That's MY FAULT!! I was so busy with March Madness, I didn't think to coach you guy's up on this stuff before we started firing at them.. I gotta apologize to you ALL for that!! I'LL DO BETTER!!!! Either way, we are where we are now, and our "Masters" bets are shaping up NICELY so far and we're gonna look to keep it ROLLIN headed into the weekend!! In Golf, I prefer to put in a few "Future's"(Tournament Winner, To Finish Top 5, etc.) before the Tournament starts... But I'll also bet on "Matchups" in each round of that Tournament.... Like I've said before, I use DRAFTKING'S to place my wagers and get my odds.. On Draftking's in "Matchups", you can select "2-Ball" (Heads Up), "3-Ball" (3-Way Group), and "Six Shooter" (6-Way Group)... Below I'll post several different ways you can bet on Golf, as well as the rules for each contest and how "Payouts" work in the event of a tie in "Group Play" where "Dead Heat Rules" apply... I hope this is helpful, and please FEEL FREE to ask any questions you may have so that we can help clear them up for you.. We NEVER want to invest our money into something that we don't COMPLETELY UNDERSTAND... That's just a good rule for LIFE!! If there is EVER ANYTHING that is confusing for you guy's... ALWAYS ask us to help explain it better, and we'll make sure to get it cleared up for you.. ENJOY y'all's Weekend and stay SAFE out there!! Good Luck and Good Gamblin!!!!

Rules For Betting Golf

Golf

  • General Rules

If the start of a round is delayed, or if play during a round is suspended, all pending wagers will remain valid for 48 hours. If the postponement lasts more than 48 hours, all pending wagers will be cancelled, and stakes refunded.
For the four ‘Majors’, namely the US Masters, USPGA, US Open and British Open Championships, pre-tournament futures winner bets will stand so long as the event is completed in the calendar year, otherwise they will be void.
Where a golfer withdraws before the start of a tournament then all bets on that participant will be declared void.

Bets stand once the player has teed off the first hole

Specific Market Rules

  • Tournament Futures Winner - All futures bets are settled on the player/team winning the trophy. The result of playoffs is taken into account. All bets stand except for those placed on participants not competing in the first round. In the event that there is a change to or decrease in the booked number of rounds or openings played in the competition, wagers set on this market will stand if 36 holes of the tournament have been completed. If less than 36 holes have been completed, or futures bets were placed after the last shot of the previous completed round, bets will be void.

  • End of Round Leader - The player with the leading score at the end of the specified round will be deemed the winner. Dead Heat rules apply. Bets stand once the player has teed off the first hole.

  • Top Specified Finish - A Player to finish within the Top 4, Top 5, Top 6, Top 10 or Top 20 of a specific tournament. Dead Heat rules apply. Bets stand once the player has teed off the first hole.

  • 18 Hole 2 & 3 Ball Match Bet Markets - Bets stand once the players have teed off the first hole. If a round is abandoned, bets on that round will be void. In the event that pairings or groups change, then all bets will be void. The winner will be the player with the lowest score over 18 holes. For tournaments using the Stableford scoring system the highest points scorer during the round is the winner. For 2 ball betting, where a price is not offered for the tie, bets will be void in the event of a tie and wagers refunded. In 3 ball betting Dead Heat rules will apply. For hole winner markets, bets stand once all nominated players tee off the designated hole. For a player to win the hole, they must score a lower score than every other player on that specified hole. If a player withdraws during the hole, bets on the withdrawn player will be settled as losers. Bets are settled once the players leave the green. For hole group betting, bets are settled based on the score over a specified group of holes. For a player to win the group of holes, they must score a lower score than every other player on the specified holes. Bets will be void if one of the players does not tee off on the first of the specified holes. If a player withdraws during the specified group of holes, bets on that player will be settled as losers.

  • Six Shooter - Predict which of the 5 or 6 players in a group will win the round. Dead Heat rules apply. Bets stand once the players have teed off the first hole.

Tournament Match Bets

Bets stand once the players have teed off the first hole. If a player withdraws, whichever player completes the most holes is deemed the winner. If both players complete the same number of holes, the player with the lowest score is deemed the winner.

If the scheduled number of rounds is reduced by bad weather, bets will be settled so long as there is a deemed tournament winner and a minimum of 36 holes played. The winner will be the player leading after the last completed official round.

If a player is disqualified or withdraws after starting, either prior to the completion of two rounds or after both players have made the cut, then the other player is deemed the winner. If a player is disqualified during either the 3rd or 4th rounds, when the other player in the match bet has already missed the cut, then the disqualified player is deemed the winner.

If an individual match-up ends in a tie, bets will be void. For match betting where a price for the tie is offered and the match is tied, bets on either player will be settled as losers.

Playoff is taken into account for settlement purposes.

Tournament Specials/Props

These are just a few options for "Tournament Props" that I wanted to touch on... There are many others to choose from!!

  • To Make or Miss the Cut Markets

The first official cut will be used to settle this market. Any subsequent cut will be irrelevant. Any player who withdraws or is disqualified prior to the first cut will be deemed to have missed the cut.

For bets on what score to par the tournament cut be made at, the first official cut will be used to settle this market. Any subsequent cut will be irrelevant.

  • Hole in One Markets

Tournament Hole in One - Bet on if a hole in one will be scored during the tournament. Bets will stand as long as a minimum of 36 holes of a tournament are played.

Round Hole in One - Bet on if a hole-in-one be scored during a particular round of a tournament. Bets will stand as long as the particular round is completed.

Will a Hole in One Be Scored on a Particular Hole During the Tournament - Bets will stand as long as a minimum of 36 holes of a tournament are played.

Will Specified Player Make a Hole in One During the Specified Round or Tournament - Player must tee off for bets to stand.

  • Total Players Under Par - Bet on how many players will finish the tournament with an overall score under par. 36 Holes must be completed for bets to stand.
    First Time Winner? – Bet on if the tournament will be won by a player who has never won the specific tournament before.

  • Tournament Winning Margin - Bet on how many shots the winning player will win the specified tournament by (i.e. How many strokes between the winner and second place). Bets will stand so long as a minimum of 36 holes are played.
    Tournament Wire to Wire Winner - Bet on the winner of the tournament to be the tournament leader at the end of each specified round from round one to round four. All scheduled rounds must be completed for bets to stand.
    Tournament Winning Score - Bet on what the tournament winner’s winning score is at the end of the tournament. Settlement will be upon the completion of 72 holes otherwise bets will be void.

  • Highest Tournament Round Score- Predict the highest individual round score carded by a player during the tournament. Where markets contain a specific list of players to shoot the highest tournament round score, Dead Heat rules will apply.

  • Lowest Tournament Round Score - Predict the lowest individual round score carded by a player during the tournament. Where markets contain a specific list of players to shoot the lowest tournament round score, Dead Heat rules will apply.

  • Will There Be an Albatross? - Bet on if an Albatross will be scored during the tournament. An Albatross is a score of 3 under par on any particular hole. Bets will stand as long as a minimum of 36 holes of a tournament are played.

Match Play Markets

  • Match Winning Margin - Bet on by how many holes (or strokes in stroke play format matches) a player/team will win the match. For 36 hole matches, bets will be void if the number of rounds is reduced. For 18 hole matches, if a match finishes before the completion of the stated number of holes, bets will be settled on the official result. Bets will be void if a player withdraws at a point in the match where the result is still to be determined (e.g. The number of holes remaining is greater than or equal to the score at the time of withdrawal). For stroke play matches, matches will be void if a player withdraws or 18 holes are not completed.

  • Match Handicap - The handicap is applied to the specified Player/Team's match scores, with the Player/Team winning the most holes being the winner. e.g. Player A/Team A + 0.5 holes, Player B/Team B - 0.5 holes. If the match is level, Player A/Team A is settled as the winner once the handicap has been applied.

  • Most Birdies in the Match - Bet on who will make the most birdies in the match. In the event of a draw bets will be void unless the tie is offered.

  • To Lead the Match First - Bet on who will take the lead first in the match. Bets void if no one takes the lead during the match.

  • Par 3/4/5 Winner - Bet on who will score better/win the most holes on a specific par hole. For example, bet on who will score better on just the par 3 holes. Bets stand so long as the match is completed.

AND MORE!!!!

Settlement Rules

  • All settlements are based on the statistics and results provided by the official website of the league’s governing body, or league’s official statistical provider, unless otherwise stated.

  • In the absence of a statistic/result required for settlement of a specific market, another reputable statistical source will be used to support bet settlement.

Rules For "3-Ball" and "Six Shooter" Contests in which "Dead Heat Rules" Apply

  • The term dead heat — when two participants finish exactly even — got its name from racing.

But it comes up far more often in golf betting.

A dead heat refers to ties in golf bets like Top 5s, Top 10s and Top 20s, or other markets like 3-ball matchups and first-round leaders. Like if four players tie for 10th, you won’t receive the full payout for a Top 10 bet at most sportsbooks.

When players tie, your bet amount is usually cut by how many players are tied for those spots. So part of your bet is a loser, and the remainder stands at the original odds.

Below we’ll cover dead heat rules for:

  • Top 5/Top 10/Top 20 bets

  • 3-Ball & Six Shooter matchups

So what exactly is a dead heat, and how are the payouts calculated?

The tricky part on the surface is that the “ties” often go through T-5 or T-10 — you may have five players tied for third at -11, and then the next player on the leaderboard finishes in eighth.

Here are two examples from the 2020 Charles Schwab Challenge, covering several of those circumstances.

Dead Heat Examples

Place Golfer Score
1 Daniel Berger -15
2 Collin Morikawa -15
T-3 Justin Rose -14
T-3 Bryson DeChambeau -14
T-3 Jason Kokrak -14
T-3 Xander Schauffele -14
T-7 Bubba Watson -13
T-7 Patrick Reed -13
9 Gary Woodland -12
T-10 Sungjae Im -11
T-10 Jordan Spieth -11
T-10 Justin Thomas -11
T-10 JT Poston -11

1.) Top 5 Example

This event had four players tied for third. They occupied positions 3-6 on the leaderboard.

Therefore, if you bet any of them to finish Top 5 at a book that applies dead heat rules (which is pretty much all of them in the United States), your stake was cut by 25%, so you’d win 75% of your original bet.

That’s because there were only three spots for four tied players in the Top 5. It was essentially one extra player occupying the position you needed to cash your bet.

That means a $40 bet on Justin Rose at +900 to finish Top 5 becomes a $30 bet. You lose the other $10.

Here’s what you expected before the tournament had the bet cashed, and your actual result:

Stake / Bet / Total Return

Pre-Tournament: $40 / Rose Top 5 (+900) / $400

Result: $30 / Rose Top 5 (+900) / $300

So you lost out on an extra $90 because of that extra player occupying a T5 spot.

2.) Top 10 Example

Tenth-place at the Charles Schwab also had dead-heat rules apply, but because there was only one spot available for four tied players, your stake would take an even bigger hit than in the Top 5 example.

Justin Thomas to finish Top 10 before the tournament was around +200. Your stake would be cut by 75% because there was only one spot for four guys, so you’d win 25% of your original bet.

So a $100 bet on Thomas becomes a $25 bet, with the other $75 a loser.

Here’s what you expected before the tournament, and your actual result:

Stake / Bet / Total Return

Pre-Tournament: $100 / Thomas Top 10 (+200) / $300

Result: $25 / Thomas Top 10 (+200) / $75 (-25$ on original wager)

4.) Matchup/3 Ball Example

As we’ve touched on, most books will take half your bet amount, and then apply the same odds to the remainder of your bet. It works the same for 3-ball matchups. In a matchup with two golfers, a tie will just result in a push and your money back.

Let’s say you bet a 3-ball matchup at the 2022 PLAYERS in Round 1:

Will Zalatoris +110
Harold Varner +210
Charley Hoffman +270

Zalatoris and Varner tied. If you bet $20 on Zalatoris, you’d lose $10 of that because of the dead heat.

The remaining $10 is a winner at +110. So that returns $21 total on a $20 bet … good for $1 in profit.

Hope This Was Helpful!!

Good Luck The Rest Of The Weekend!!!!

-Crickett

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What are your thoughts of Kash Patel being nominated to be the head of the ATF in addition to the FBI? Is that possible? Would the Senate go for this?

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We're BACK AT IT Folks!! It's been a few days since I posted my picks, due to the fact there wasn't a whole lot of action goin on around the Sports Universe for the last week... Well, let me rephrase that... There was a lot goin on, with All Star Breaks & the 4 Nations Tourney in Hockey, but even with College Hoops still rollin along... The betting options were limited to say the least!! However, Today... WE'RE BACK BABY, as we have a MASSIVE SLATE across all sports & I've got a MONSTER CARD!! My results will be posted below, and I'll include the 4 Nations Results, but they won't be factored into our overall numbers for NCCAB, NBA, & NHL because I want to keep all that separate since they weren't "Actual NHL Games"... Let's see if we can get this thing CRANKED BACK UP THE RIGHT WAY!! You & Your Beautiful Families STAY SAFE Out There!!! Good Luck, Good Gamblin, & Go Vols!!!!

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1/2 Unit = .5 Units (50% Unit)

1/4 Unit = .25 Units (25% Unit)

SPRINKLE = At Your Discretion (DON'T GO CRAZY!!)

**THESE ARE NOT ...

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