Golf Bet

A Golf Bet is a speculative wager on the outcome of a golf betting event. It involves you making a prediction about the event and then putting some of your own money on the line – a sum referred to as your stake – with a bookmaker. If your prediction is correct then your bet will be paid at the odds you struck with the bookmaker. However, if your prediction is incorrect then you will lose your stake.

To illustrate, imagine that you think a particular golfer will win a specific tournament. You might bet £10 at odds of 10/1 that the golfer will in fact win. If he does, you will receive a profit of £100 (£10 multiplied by odds of 10/1) and your £10 stake will also be returned to you. But if the player fails to win the tournament, you will lose your £10 stake.

There are various types of golf bets that can be placed. The main ones are as follows:

• Win Single – This is a bet on a single player to win the event stated, as in the example discussed a moment ago. Win singles are the simplest of all bets.
• Each Way Single – This is like a win single, but in this case you would receive a smaller return if your selection manages to get a place in the event (for example, by finishing second in a tournament). The each way single is actually two bets in one (namely, a win single and a place single) and therefore costs twice as much as a straightforward win single.
• Accumulator – An accumulator is a bet on more than one selection and all of your predictions must be accurate for the bet to succeed. An accumulator can be placed to win or each-way. For a detailed discussion of this type of bet, see our Golf Accumulator page.

Before making any golf bet, it is important to make sure that you understand the rules of the market you are betting in so that you know what has to happen in order for you to win. Also note that, as a general rule, the bigger the odds that are offered for a particular outcome, the less likely it is that your bet will win.

May 13, 2008