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Golf betting: A beginner's guide to the markets on BetStars

Football remains the most popular sport with punters but for big odds, value and longevity, golf betting is hard to beat.

A regular tournament on the European Tour or PGA Tour usually contains 156 players and lasts four days from Thursday to Sunday, with the field reduced to 65 for the former and 70 for the latter at the end of the second round.

Because the field is so large, the golf odds can be enormous and it is not unusual to stumble across winners at three-figure prices.

BetStars offer a range of markets for the two biggest tours in the world, so if you're interested in betting on golf we've put together this handy guide to explain the options.

Outright betting in golf

Outright betting is the most popular of all the markets and the one punters will see first of all when weighing up their options.

Punters are betting on which player they think will win the tournament, with golf odds usually ranging anywhere from 6/1 to 1,000/1 and plenty of juicy prices in between.

Those having a flutter can bet on a player simply to win but many opt to go each-way to guarantee a pay-out at reduced odds if they finish in one of the places.

From the start of a tournament a place could be 1/5 of the odds for a top-seven finish or 1/4 for a top five. Always check the terms before the tournament starts.

Simply divide the odds by four or five depending on the each-way terms and multiply it by the stake to reveal the pay-out. If a player wins with an each-way bet, you will be paid out twice, once for the victory and then again at a fraction of the odds specicfied at the time the bet was placed.

First-round leader

This market simply involves betting on the leading player at the end of the opening round and as with the outrights, punters can have a flutter on a player simply to win or go each-way.

Correctly predicting the first-round leader can be extremely satisfying as it can lock in a profit for the four days even if your outright picks let you down.

Outsiders are usually priced shorter than their outright odds to be top of the leaderboard at the end of round one, while those at the top of the market can be priced much higher than their odds to win the tournament.

Top five/top 10/top 20

BetStars also offer top five, top 10 and top 20 markets which you can find in the column next to the outrights.

There is no each-way element to this bet which aims to pick out a player to finish in the top five, 10 or 20.

Note, if you have backed a player to finish inside the top 20 at 8/1 and he wins the tournament you will be paid 8/1 and not his outright odds, so the pay-out is the same whether he finishes first or 17th.

Also, if you back a player for a top-10 finish and he finishes ninth with several players, the dead-heat rule applies and the pay-out is reduced accordingly.

Top countrymen

This market involves picking the leading player from a set of players from the same country or a continent such as Asia or Europe.

With a limited number of players in the group, the odds are lower but the chances of success are higher.

The winner is determined as the player with the lowest score within the group at the end of the final round.

Group winner

Similar to the top countrymen market, the aim of the game is to pick the golfer with the lowest score from five players selected by BetStars before the start of the tournament.

Tournament match bet

This is effectively a duel between two players that are usually of a similar standard. The options involve picking either Player A or Player B to win, although a tie is also available, normally priced at 12/1.

3 balls

An interesting golf market which groups together the three players who tee off together for the first two rounds.

The aim is to pick the player with the lowest score over the four rounds but should you pick a player who makes the weekend and the other two miss the cut, you have a winner on your hands.

In-play betting

For those who like to bet in running, golf is one of the best sports around as leaderboards can be volatile and change dramatically within a space of minutes.

Punters backing a player five or six shots behind the leader at 250/1, for example, could soon find themselves with a big-priced betslip on one of the favourites should they bag an eagle or go on a birdie run as frequently happens.

BetStars offer in-play betting odds throughout the four days but punters should note that the number of places are reduced the closer the event gets to Sunday's final round.

Warren Barner
@warren_barner in Golf