PGA Golf Betting - PGA Tournaments, European Tour, LPGA & more

The PGA season is in full swing which means the first major is just around the corner. This year's Masters tees off at Augusta National on April 5th, but the oddsmakers at Gamblerspalace.com are already weighing in on their favorites.

Betting on Golf

Betting on golf has increased dramatically in popularity over recent years. Two different types of bets are offered; the first is betting on the winner of the event with odds, generally ranging from about 7/1 to 70/1, being offered on all players. These odds are then adjusted after each round of play. Secondly, there are match-ups in which two or more players are hypothetically matched against each other, either on a round-by-round basis or over the entire course of the tournament.

Golf betting is available on PGA, LPGA and European Tour events, The Masters, the U.S. Open, the British Open, and the Ryder Cup, which in recent years has become highly competitive with the outcome frequently coming down to the results of the last few singles match-ups.

Golf is a major international leisure and sporting activity with two leading tournament circuits: The U.S. Professional Golfers Association (PGA) and the European Tour. Big-money events are also held in Australia, South Africa, the Caribbean and, increasingly, Asia. Almost all events are decided over four rounds of golf. There are also American and European ladies circuits. Most events feature "sudden-death" playoffs in the event that two or more players are tied after the regulation 72 holes of play. The prize-money available in golf has risen substantially in recent years; indeed, with huge purses and lucrative sponsorship deals, especially from equipment manufacturers, the leading players are amongst the world's best-paid sporting figures. While primarily an individual sport, every two years the top American and European players meet in the Ryder Cup with the venue alternating between the two continents, the tournament being held in Rochester, New York in 1995 and in Spain in 1997. Each team has 12 players, 10 of whom are determined by rankings based on their performances on their respective tours and selected major events, with the team captain nominating the other two players. These players then meet in head-to-head singles and doubles match-ups.

Betting on golf is at its most exciting during one of the four majors: The Masters, U.S. Open and PGA. in the U.S., and the British Open. With the exception of The Masters which is always played at Augusta, Georgia, the venue for these events rotates among a group of leading courses.