If you are looking to be a competitive golf betting software service provider, then you need to provide those golf bets that your clients will be looking for. Punters have all sorts of betting strategies, including different bet types. Here are the most popular bet types for golf:

THE OUTRIGHT TOURNAMENT WINNER

The most popular wager for golf sports bettors is the outright winner of the golfing tournament. With this type of wager, all the punter needs to do is simply decide which of the golfers they think will win the entire tournament. They should be able to make these bets before the start of the tournament or during any round that leads up to the final round.

This is where the punter will be keen on seeing how your odds stack up against the rest. There will be those that are amongst the favorites, with others classified as the underdogs. The odds available at the start of the tournament should be very different from the odds available as the tournament progresses, as you need to make sure your odds reflect the action.

So, for example, as the oddsmaker, you think that Justin Rose is the favorite to win the upcoming golf tournament. You do your research and set those odds in line with some of the others at, say +1200 to be the overall winner. This leaves you liable to pay out $120 for every $10 wagered on him.

Now, let’s imagine what might happen after the first round of play. Let’s imagine that he comes out guns blazing in the first round and takes the lead. You would then maybe consider dropping those odds quite significantly before punters take advantage of the previous odds. You might drop them to +800. At this point, it is more likely that Justin Rose will win and you would now only be liable to pay out $80 for every $10 wagered on him.

But, if Justin Rose has a bad round, you might even consider upping those odds to reflect this. If he drops behind in the first round, you might up them from +1200 to +1800. As such, for every $10 wagered on him now, you would be liable to pay out $180. This means that you need to be right on point when it comes to changing your odds. Being slow to react can be hugely costly and not recommended. Our software allows you to adapt your bets to the action quickly and easily, to keep one step ahead.

THE ROUND WINNER

This is a golf bet that most online betting sites offer – and so must you. The Round Winner bet is similar to the Outright Winner bet. The only difference is that they place the bet on which golfer will get the best score for a particular round rather than which golfer will win the whole tournament.

HEAD TO HEAD WINNER BET

Another popular golf bet your customer will be looking for when checking out the different selections of real money golf betting apps and online sportsbooks is a head-to-head bet. This is sometimes called a matchup bet and is a player vs player bet, either for the round or for the entire tournament. All that is needed for your punter to win the bet is to choose two of the golfers you have listed and guess who will get the best score. Your job is to pit the two head-to-head players together.

You are the one who will get to choose who the punters can put matchup bets on and decide on those odds. These are normally more common in the later rounds of the tournament when there are more famous golfers playing in the same pairing.

So, for example, you might choose to pair up Dustin Johnson and Brooks Koepka for the final round of the tournament. It might look as follows:

• Brooks Koepka: +120
• Dustin Johnson: -130

In this particular bet, this would imply that the slight Moneyline favorite is Dustin Johnson. So, if you offer these odds and the punter bets on Dustin and he wins the round, they will win the bet. If they bet on Koepka and he wins the round, they would win the bet and be in line for a slightly better payout because you have made him the slight underdog.

GOLF FUTURES BETS

A golf futures bet is a wager on an event that will happen some way in the future. Technically, making a bet on the tournament winner before or during the tournament is considered a futures bet. The most popular golf futures bets that your punter will be looking for is which golfer will take the title of PGA Champion at the end of the year. The PGA is always a popular betting option for golf enthusiasts and you should offer plenty of bets and markets on this event.

GOLF PROPS BETS

One of the fun types of bets that your punters look for are golf props bets. These are wagers where the punter has the option of placing a bet on whether or not something specific is going to happen in the golf tournament.

Your job is to offer a variety of props bets that your punters can choose from, which you can do with the help of our golf betting software. These are some of the main ones you should be offering:

• Will the tournament be won by a US golfer?
• Will any player score a hole in one?
• Will Justin Rose hit a ball into the water on hole 17 in any round of the tournament?

You should be offering different golfing odds for either yes or no for each of those events, all depending on the likelihood of the bet happening and how your betting customer base is leaning.

LIVE GOLF BETTING

The last type of bet we will look at – and one that will prove to be hugely important to you if you want to be a competitive golf betting provider, is live golf betting. Live betting is giving your customer the chance to bet on a round of golf when it has already started. This might include options such as betting on the score of the next hole, or who will win the tournament or round.

You´ll need to update those odds in real-time to reflect the action. This is seen as a fun and exciting way of betting on golf and so you need to make sure you cater for those punters.

The last type of bet we will look at – and one that will prove to be hugely important to you if you want to be a competitive golf betting provider, is live golf betting. Live betting is giving your customer the chance to bet on a round of golf when it has already started. This might include options such as betting on the score of the next hole, or who will win the tournament or round.

You will need to update those odds in real-time to reflect the action. This is seen as a fun and exciting way of betting on golf and so you need to make sure you cater for those punters.

OFFERING THE BIGGEST GOLF EVENTS

As a competitive sports betting provider, you will be expected to offer action and golf lines on top golf tournaments. However, there will be some special events where punters will expect to see even more options and even more action. Here are the four biggest golfing events and tournaments that you will need to focus most of your attention on…

THE MASTERS

The Masters is held in the first week of April at the Augusta National Golf Club. This is deemed one of the most iconic golf tournaments in the world. It is well-known for awarding winners that coveted green jacket. Every year, the best golfers in the world compete for the chance to make golfing history. For many sports bettors, The Masters is well known for offering plenty of betting action, including even more props bets than normal.

The last 5 winners of the Masters are

• Scottie Scheffler
• Hideki Matsuyama
• Dustin Johnson
• Tiger Woods
• Patrick Reed

THE PGA CHAMPIONSHIP

The PGA Championship takes place every May, the weekend before Labor Day and it is held at rotation courses within the US. As the only one of the majors that is exclusively open to professional golf players, this is considered to be one of the most prestigious golfing events in the world.

The venue of the tournament rotates in the US every year. The golfer that wins the event will lift the Wanamaker Trophy plus an automatic invitation to all of the other major tournaments for the following five years. As such, betting on the PGA Tour is one of the biggest pulls out there and should be treated accordingly.

The last 5 PGA Championship winners are

• 2021: Phil Mickelson
• 2020: Collin Morikawa
• 2019: Brooks Koepka
• 2018: Brooks Koepka
• 2017: Justin Thomas

THE US OPEN

The US Open takes place in mid-June every year and is played in a variety of different courses. This is the third of the four golf majors and is generally seen to be one of the most difficult tournaments on the whole schedule, given that difficult courses are selected and pain placements are always tough. The fact that the tournament courses are so challenging is part of what makes the US Open one of the most exciting tournaments for golf fans to bet on.

The last 5 winners of the US Open are

• 2021: Jon Rahm
• 2020: Bryson DeChambeau
• 2019: Gary Woodland
• 2018: Brooks Koepka
• 2017: brooks Koepka

THE OPEN

The Open takes place in July every year and is played at rotating courses throughout the UK. This is sometimes referred to as the British Open or the Open Championship. It is the fourth and final of the majors. Originally, it was held in Scotland, at Prestwick Golf Club. However, over the years, this was then changed to a revolving list of different courses across the UK.

The Last 5 winners of the British Open are:

• 2021: Collin Morikawa
• 2020: Collin Morikawa
• 2019: Shane Lowry
• 2018: Francesco Molinari
• 2017: Jordan Spieth

 You need to make sure that you offer enough variation, combined with the just the right odds and markets to make it work in the long term. To do this, you need to offer low variance bets, like props bets and matchups, individual round bets and more.

Golf is a lot more popular than you may think – and it generally appeals to an audience that likes a good comeback story. However, this can sometimes work to your advantage as a bookmaker as it can cloud their judgement when it comes to placing those winning bets. You need to remember to always stay one step ahead with news and golf information. Knowing more than your customer is very important.

What is also important is offering them the very best golf betting experience – and we can help you to do exactly this with our top of the range, hassle-free golf betting software. From their first foray onto your betting site, to the time they finish their bet… and maybe withdraw their winnings, you need to offer an entirely excellent service.

We understand this and this is what we have focused on when working on our golf betting software development. With the help of our golf betting software, this is completely possible. We help you make every single step in that journey as smooth and seamless as possible.

Try it out now and see how we can help you to compete with the best golf betting sites out there. Find out about our golf betting software here.