It might surprise some of you to learn that golf is one of the biggest betting sports in the world. The game may not get the views of soccer, basketball, or cricket, but it definitely has a huge fan base of people willing to wager cash on games.
The reasons for this vary. One of the big reasons is that golf is a year-round sport. That means that golf games are being played throughout the year, rather than seasonally, like in basketball for example. Obviously, this gives bettors more opportunity to wager on golf, and therefore the market is bigger.
Another reason is that sports betting websites consistently and thoroughly cover the game. Online bookies like ca.novibet.com seem to have a vested interest in golf coverage. Which makes sense, considering the sport’s immense popularity.
Since golf is so popular, many new bettors come along every day. A lot of these guys have never placed a bet before, and may feel lost. So, in this article, we would like to give a brief guide for new golf bettors, and explain how the betting world works.
Different Bet Types
The first thing you will want to know about are the different types of bets that you can place when wagering on golf. Certainly, anyone with even a cursory understanding of betting will be familiar with the “To Win” bet.
As you might assume, a “to win” bet implies that you are betting on the victor of a match. But it goes a little deeper than that. If you are comfortable and confident, you can also place a “To Win Tournament” bet. Rather than betting on a match winner, you are betting on the overall tournament winner.
And it doesn’t end there. There are also the, so-called, proposition bets. For a proposition bet, you are wagering on a certain proposition that might happen during a game. A good example here would be “Will there be a hole-in-one during this game?” is a proposition bet.
There are other types of golfing bets. However, the two we discussed are the most popular. If you are interested in the various bet types for golf, look over your sportsbook and what it is offering.
Betting Strategies
There is more to betting than simply placing a wager on a player. In fact, most of the top tier sports bettors put a lot of time and effort into formulating a strategy that will help them yield a positive result. There are a lot of different betting strategies that we could go over, but we will stick to a brief description of the most popular one.
Progressive Betting
The progressive betting strategy is simple. You place a larger sum of cash each time you lose a bet. Whenever you win, you place a lower sum. The idea is that once you do win, you will come out on top. The most popular progressive betting strategies include: The Fibonacci sequence, based on the mathematical formula, the Martingale sequence, the Reverse Martingale, and more.