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| Golf Articles |
The How and What of Adjusted Price Betting
In my last article I addressed
some of the reasons why adjusted price betting is beneficial in the modern landscape of
golf wagering. Although the article focused on why, I left it up to reader to answer the
questions of how and what.
Pre-Tournament
Betting
Years ago, referring to betting golf, my colleague would say "Boozer, there's gold in
them there hills." And years ago he was correct, betting golf had a gold rush flavor,
it wasn't if we won, it was how much? Unfortunately, the current landscape of
pre-tournament wagering has gone from a boom town into a ghost town. |
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Betting Golf
Offering odds to win and matchups on all PGA Events and major tournaments such as The
Masters, U.S. Open, PGA Championship and The British Open. With our great selection, you
are sure to get your fill of all the golf action you desire!
General Rules
- In the event a golf tournament does not go the specified
number of completed holes (usually 72), and the tournament is shortened by PGA officials,
then the leader at the end of the number of holes determined to be official by the PGA
shall be the winner.
- In head to head matchups, both golfers must tee off in order
have action.
- In the event that one player or the other is disqualified or
withdraws after teeing off, the other golfer will be the winner of the matchup.
- The most completed holes and the lowest score for either
golfer is the winner of the matchup.
- If the players complete the same number of holes, then the
player with the lowest score wins.
- For betting purposes, if the players are still tied then the
wager will be a push, unless they are tied for first place.
- If both golfers in a match-up are in a playoff a) winner of
play-off wins the match-up and b) all other playoff participants tie each other
- Dead Heat Rule: Where there is a dead heat for any wager
– for example where there are 3 players tied for 4th place and a market
has been offered on players to finish in the top 4 of a tournament – then the amount
wagered is divided by the number of participants involved in the dead heat.
- The full odds are then paid to the divided portion, with the
remainder of the stake money being lost.
- For Place/Show/Top 4/Top 10 betting - when there is a dead
heat where the number of tied participants exceeds the places available for that
particular bet, the stake money/amount wagered is multiplied by the number of places on
offer but divided by the number of tied participants.
- The full odds are then paid to the divided stake, with the
remainder of the stake money being lost.
Example - a 3 way tie for third on a top four bet would result in the stake money
/amount wagered being multiplied by 2 but divided by 3.
- Dead Heat rules do not apply to events where a price is
offered for the draw or tie.
- Finishing Positions - If a player is involved in a 5 way tie
for 5th, as an example, he is sharing 5th,6th ,7th,8th and 9th place. His finishing
position is calculated by adding the sum of all the positions (ie 5+6+7+8+9 =35) and then
dividing this figure by the no of players involved in the tie. His actual finishing
position would be 35 divided by 5, ie 7.
- Winners' Score - All wagers will be void if 72 holes are not
completed.
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