Golf is fast becoming a more popular sport to bet on in North America, and if you’re looking to figure out how to profit off the Las Vegas golf odds, you’re visiting the right place.
Golf odds are available throughout the year, with a variety of major tournaments taking place across the U.S. and more broadly across the globe. We will post the available golf odds this week, as well as golf futures and posting various betting lines.
The Latest Las Vegas Golf Odds
There’s still a lot to play for in 2020 and on into 2021, with the latest golf odds and live golf odds available and be aware they are subject to change. We will keep this page updated as soon as there are movements in the market.
The golf odds this week cover The Masters, US Open Championship and US PGA Championship. The odds were last updated on September 21, 2020:
2020 Masters Winners Odds
2020 Northern Trust Winners Odds
First and foremost, it’s important not to get confused by the use of Vegas golf odds.
Whether you’re looking at Vegas odds for golf‘s US Open, Vegas’ odds for golf’s Masters, Vegas’ odds for British Open golf, or the lines of another tournament, you’re not actually seeing anything different from regular betting lines.
Really, Vegas’ golf betting odds are just lines you’ll see at every sportsbook, only they come from oddsmakers and casinos in Las Vegas. That’s it.
Best of all, Vegas betting lines are like a universal language in the sports gambling industry. Most online sportsbooks use those lines to create their own. Odds can shift in the lead-up to a tournament, but for the most part, Vegas’ odds on PGA golf are the most accurate and most used across the board.
What does all of this mean to you? Well, essentially, if you’re looking to bet on a winner of a specific tournament Vegas’ odds for golf is your friend—particularly if you don’t yet have favorite sportsbooks you use to place your wagers.
How Do You Bet on Major Golf Championships?
Navigating golf’s betting field can be a little intimidating. Do you want to wager on a single tournament? Are you trying to win money on golf’s world rankings? What is the Players’ Championship? We’ve got you covered here.
The PGA tour recognizes four majors per season: The Masters’ Tournament, PGA Championship, U.S. Open and Open Championship. By winning one of these four majors, a player immediately adds 100 points to his world ranking.
If you’re looking to find the best place to bet on golf, we recommend Bovada, especially for single-tournament wagers. Read the Bovada Las Vegas Review for more information on how to make the most of Bovada golf odds.
Let’s now break down all you need to know about golf’s biggest tournaments, the Vegas golf odds on offer, and the various types of bets you can make.
The Masters’ Tournament
This is the first major of the season and is the only one that takes place on the same course every year.
It is always scheduled for the first full week in April at the Augusta National Golf Club in Augusta, Georgia. However, due to the novel COVID-19 virus, the 2020 Masters tournament was rescheduled for November 12-15, 2020.
There are golf odd future betting lines available, as we look forward to the next major event.
The PGA Championship
One of the most exciting events on the golfing calendar and one that always brings out the best in golfers and fans alike. An exciting time for bettors as well, as they get to play the odds on a broad range of betting options available.
For those that are keen to start playing the odds on the PGA Championship 2020, take a look at what’s on offer over at 5dimes or MyBookie. Not only do they cover the PGA Championship, but all golf majors and minor tournaments throughout the year.
The U.S. Open
The next stop in major championship play is the U.S. Open, which is held in early June at a different site around the nation every year. The event, which is staged by the USGA, was established in 1895 but was not held in 1917-18 or 1942-45 because of the two world wars.
The U.S. Open is contested at a variety of courses, set up in such a way that scoring is very difficult, with a premium placed on accurate driving. Willie Anderson, Bobby Jones, Ben Hogan, and Nicklaus hold the record for the most victories in this prestigious event with four each.
The Open Championship
Professionals and amateurs from around the world tee off in the next major in mid-July in the British Open (Open Championship). The winner of the event, which started in 1860, is declared the “champion golfer of the year” and wins the Claret Jug.
The tournament, staged by the R&A, also changes locations across the United Kingdom every year. It was not contested during the two world wars. Harry Vardon holds the record for the most Open Championship victories with six.
The Players’ Championship
Aside from the golf majors, the Players Championship odds are some of the most popular around. The likes of the current world No.1 Rory McIlroy, the Australian Jason Day, and the ever-present Tiger Woods have all won the tournament in recent years.
The 2020 edition of the Players Championship is due tot is placed at the TPC Sawgrass in Ponte Vedra Beach, Florida. The oddsmakers had posted last year’s winner Rory McIlroy as the favorite to win the competition, but it was canceled so we must wait until next year to see who’ll be crowned the Championship winner.
The Ryder Cup normally takes place in September, as Team Europe take on Team USA in a battle for glory and staking claim to being the best-golfing continent that year.
The event is due to take place between September 25-28, with the event taking place in the US and Europe – switching between each continent year on year.
Those bettors who are keen to play the golf odds on an international tournament, there are few better than the Ryder Cup. BetOnline provides some of the most competitive golf odds around, check out the latest odds and betting lines today!
The BMW Championship is an important international golf tournament, which is the penultimate FedEx Cup playoff event on the PGA Tour calendar.
The tournament first came about in 2007 and was previously known as the Western Open. The Western Golf Association run the competition, with the tournament held at the Olympia Fields Country Club in Illinois.
Northern Trust Championship
The Northern Trust Championship was originally called The Barclays and is a golf tournament held in the New York City area and features on the PGA Tour schedule. The Northern Trust Championship normally takes place in the month of August.
Back in 2007, the tournament was played as the first tournament of the playoff system for the FedEx Cup. The field is made up of the top 125 players on the FedEx points list for the golf regular season.
The FedEx Cup is an event on the PGA Tour and is rewarded with a championship trophy. The introduction of the competition in 2005, and first awarded in 2007, marked the first time a professional golf competition featured a playoff system – the competition is sponsored by FedEx.
The format of the competition is unique. The player with the lowest total score will in the FedExCup and be credited with an official victory in the Tour Championship competition.
The basic format states that after the first two Playoff events, the FedExCup points leader will begin the Tour Championship at 10-under par, while the No.2 player will start at 8 under. The starting strokes for each place go down in order; No. 3 7-under, No. 4 6-under, and so on.
The FedEx Cup offers a unique format that offers a unique betting experience. Vegas Golf odds and golf betting odds for this competition are well worth playing on, especially in the months before the event as the odds get hot.
What Types of Golf Bets Can You Make?
There are various types of bets available, which are novel to golf betting odds. With so many different betting markets available to bettors playing the golf odds in 2020, it’s important to get a grip on all the types of odds being offered. The following section will break them down and detail how to play the golf odds.
Moneyline Tournament Bets
This is straightforward. You’re trying to pick the winner of a specific tournament. Odds are presented in a positive and negative format.
Positive moneylines show you how much of a profit you’ll make by betting $100. For example, if Phil Mickelson is a +300 at The U.S. Open, you’ll make $300 for every $100 you bet if he wins.
Conversely, negative moneylines show you how much you must bet in order to profit from $100. If Tiger Woods is a -150 for The Players’ Championship, you need to bet $150 to win $100. These types of lines are rare in golf and only ever given to the heaviest of favorites.
Betting on World Rankings
Some sportsbooks allow you to bet on golf’s world rankings. These are the same as moneyline bets, only they’re futures. They are again presented in a positive and negative format (usually all options are positive), and you’re trying to pick which golfer will sit at the No. 1 spot by the end of the season, following The Open Championship.
Prop Betting in Golf
Prop betting is not too popular in golf, but it is available. These wagers ask you to answer over/under questions. Think along the lines of Will Tiger Woods shoot over or under a 72 in a given round of a tournament? Will Sergio Garcia finish with more or less than 20 birdies over the course of The Masters’ Tournament? These are all examples of prop bets you might encounter.