If I were to tell you that the average odds for a winner in a sport are over 50/1 would you be interested in placing a bet? Of course you would because all you have to do is back one winner a year and you will still make a profit. Well then, welcome to Golf betting – the sport where the returns are potentially very large indeed. However it is not as simple as that because every week you need to pick the winner amongst one hundred and forty players, on different courses and conditions. It is looking harder now isn’t? Well the worlds leading Golf betting site – www.GolfingGods.com is here to help you through the various betting opportunities and to offer some advice on strategies for betting on Golf.

Golf Betting Products

Basically speaking you have the opportunity to place a bet on a player to win the tournament against the whole field or against a select field or individuals. The basic products are:

Outright & Each Way: the Outright bet is a Win Only bet and you are backing that player to win. If you back your player to win but he comes second or worse then your bet is a loser. An each way bet is slightly different as you are placing a bet on your player to win and also to place. Therefore if your player does not win but does finish in the top five places you will receive your place portion of your bet. Of course if your option wins you will receive both the win and place elements of your bet. The Outright or & Each Way betting product is also adapted to limited fields such as the Top US Player or the Top European Player in a particular event.

Place: a place bet is the same as a Win Only bet however you are actually backing your player to finish in the top five in the tournament and not to win the event. Therefore if the outright price for your player is 10/1 then the place price is 5/2 and this will be the price you receive for a Place Only bet.

Head to Head: this type of product allows you take one player to beat another. For example if you feel Tiger Woods will finish ahead of Vijaj Singh in the tournament then you can place a bet on Tiger to beat Vijah. You will win your bet if Tiger does shoot lower than Vijay, irrespective of where they come in the tournament. This type of betting product can be for 18, 36 or 72 holes.

Group: this form of betting product is the same as the Head to Head betting however instead of beating one player your player is required to beat a group of players set out in the betting coupon. Usually there will be five players in every group and if your player beats the other four, irrespective of were they all finish in the tournament then you will win your bet.

Bookmaking Secrets

The days of Bookmakers in grubby over coats shouting the odds are well and truly over. With the advent of the Internet many companies are now doing the majority of their business online. Golfinggods Ltd is leading the world in Golf betting and their web site www.GolfingGods.com offers the very best products and prices. So how do they create their markets?

Basically the Bookmaker will use three elements to determine the price of a player. There are:

Current Form: if a player is playing well then it is assumed that this form will continue for the foreseeable future, especially if that player is experienced. Therefore if Tiger Woods has just won a tournament then it is likely he will challenge in the next tournament he plays in. However if a player is inexperienced then he may not carry this current form on as long as a more experienced player. The current form of a player will dramatically affect their price.

Course Form: believe it or not but a lot of players often play well on a certain course or a certain type of course, or even putt well on a certain type of grass! As strange as it may sound many golfers will have a positive or negative mental association with a particular tournament or course and this will affect their price.

Peoples Favourite: this is purely a demand issue. For instance a lot of people will have a sentimental bet on Colin Montgomerie to win The Open or perhaps Ernie Els to win The Masters. Bookmakers know which players are backed in certain tournaments and this may also affect the price for that player.

Betting Tips

As I stated at the beginning of this article Golf betting can be incredibly profitable but like all gambling you need to have a strict code of conduct in order to make a profit. I suggest that each person who places a bet on Golf uses the following tips:

Research and Preparation: with Golf betting you must be prepared to do some research and to prepare for each tournament well. If you want to place a bet then you need to know the statistics of your player, their history in the event and course, their current form etc. If you understand all aspects of your potential bet then you will have a better chance of investing wisely.

Follow your head not your heart: many times a Golf bet is made from the heart and not the head. An example of this may be backing your favourite player in The Open instead of backing the player most likely to win. I suggest that you should always have a sentimental bet but for your larger bets place your investment on research and not on sentimentality.

Have a staking plan: you should always know the amount you want to invest in a player and what this amount will increase or decrease your overall betting budget. If you are picking winners and your betting bank has increased then I suggest you do not increase your betting stakes. Keep to the staking level that got you to that position and do not jeopardise your winnings with a large bet.

Only bet what you can afford to loose: in the excitement of tournament Golf it can be easy to bet more money than you wanted to. Always be strict with yourself and never bet more than you can afford to loose. Good discipline is the keys to making a profit from your Golf betting so set a staking plan and stick to it.

‘May the Golfing Gods be with you!’

For all your Golf betting requirements log onto www.GolfingGods.com.