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Latest golf odds and betting lines

How do golf odds work?

Golf odds (on either on the PGA TOUR or LIV Golf Tour) are much different compared to the four major North American sports.

Whereas you can bet on the moneyline or spreads for the NFL, NHL, NBA, and MLB, in golf you can bet on outright tournament winners, a versatile number of prop bets, the over/under, and more. It is definitely among the most unique sports to find an edge and wager on. 

Futures bets are also available for golf. Odds to win major tournaments (the Masters, PGA Championship, U.S. Open, and British Open) often open up well before the tournament begins.

Live and in-play bets are also available for you to wager on. For example: if Dustin Johnson shoots a 1-over on Thursday (the first day of a tournament) and is playing on a course he usually plays well at, you might want to set a small wager on him, as it would provide immense value if he were to come back and win the tournament.

Golf_The Masters_Tiger Woods at Augusta National Golf Club
© Rob Schumacher-USA TODAY Sports

The best golf sportsbooks

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Popular golf bets

Being one of the more unique sports to wager on means you have a variety of ways to bet on golf, with markets ranging from outright winners, to head-to-head, each-way bets, and more. You can learn more about each of these below.

Golf outright winner odds

This is the most common wagered golf bet, in which you wager on a golfer to beat the field in a given tournament. You can also bet on a player to win the day, or that round. Golfers play 18 holes from Thursday to Sunday, but sometimes a playoff is needed if two or more golfers are tied at the end of the tournament.

Here is an example of outright odds to win a golf tournament:

Golf

Odds

Rory McIlroy

+1,000

Justin Thomas

+1,300

Tony Finau

+1,700

In this instance, Rory McIlroy is +1000 to win the tournament. If you were to place a $100 wager on him to outright win against the field, a successful bet would win $1,100 (your $100 bet plus $1,000 profit). Conversely, if you were to bet $100 on Justin Thomas at +1300 odds, you would win $1,400 (your $100 bet plus $1,300 profit).

Golf head-to-head odds

In this market, you are betting on one player to outperform another player on either a given day or for the entire tournament. Look at our betting tips for what you should be looking for when wagering on a golfer to win a head-to-head matchup. 

Here is an example of a golf head-to-head odds:

Golfer

Odds

Bryson DeChambeau

-110

Jon Rahm

+120

The odds offered for these lines are usually very close to even money. Placing multiple head-to-head bets is usually a very good idea to not only diversify your bankroll, but to also stay engaged in a tournament throughout the day. In this example, a $100 bet on Rahm would pay out $220 (your $100 bet plus $120 profit) if he were to outperform DeChambeau on a given day or finish higher at the end of the tournament.

Golf over/under odds

One of the more engaging wagers to make during a golf tournament is whether or not a golfer will go over or under a certain score for the round and/or the duration of the tournament. It’s a fairly straightforward way to wager on the PGA or LIV Golf series, and is exactly like betting on the over/under in the four major North American sports. 

Here is an example of a golf over/under odds:

Selection

Odds

Rickie Fowler to shoot under -2

+100

Rickie Fowler to shoot over -2

-110

In this case, a $100 wager on the under would payout $200 (your wager plus $100 profit) if Fowler shoots -2 or better. If he were to shoot worse than a -2 and you were to wager $100 on the over, you would get $190.90 (your $100 wager plus $90.90 profit.)

Golf each-way odds

This type of wager can be more complicated, but becomes simple once you get the hang of it. In this market, you place a bet on a player to win outright and/or place in the top five of any given tournament. Essentially, a golf each-way wager is comprised of two separate bets - a outright win bet and a place bet.

Here is an example of a golf over/under odds with a 1/4 payout:

Golfer

Dustin Johnson

+1,000

Phil Mickleson

+1,750

Tiger Woods

+2,000

In the above example, if you bet $200 on Johnson to win and place in the top five, you would ultimately win $2200 (your $100 bet plus $2100 profit) if he placed inside the top five and won the event.

However, if he were to finish in fifth, your profit would change. Since the sportsbook in this example is offering a 1/4 payout, the odds would ultimately be +500 to place inside the top five. So your $100 bet on him winning the event would be a push, and you would gain $700 (your $200 bet plus $100 for him winning, $100 for him placing in the top five, and $500 profit) for him finishing inside the top five.

Betting on golf futures

Golf futures bets focus on outright winners for specific tournaments throughout the golf season. Golf betting markets for major events like the Ryder Cup, the Masters, and the U.S. Open are all taking action months before the first round even begins. Similarly to the MLB, NHL, NFL, and NBA, these odds can change daily depending on a golfer’s form and how they’ve been playing leading up to the major tournaments.

If you can find value in a golfer on a hot streak heading into a major tournament, it’s always a good time to place a wager. Every golfer will have odds at the start of the week or year, with the favorites typically in the +800 to +1600 range and long shots usually around +5000 to +10000 range. You can learn more about betting on golf futures with BET.CA.

Golf prop bets

Golf prop bets are one of the most interesting ways to wager on the sport. Whether it’s a futures prop or a daily prop, it’s a refreshing alternative over finding the edge in a golfer’s play and betting on them to win a tournament outright or a head-to-head matchup.

Indeed, the golf props you can bet on vary massively. Will there be over or under nine birdies on hole 9 throughout a tournament? How many majors will a player win this year? Will the winner of the tournament be over or under 30 years old? While the golf props available are different between sportsbooks, they often provide exciting ways to get involved in the action.

Most of these are non-skill related bets, and focus more on wagering on some of the more outlandish things that can happen unrelated to the final result. While they can be fun and entertaining, they are also less reliable if you’re looking for ways to find value in golf odds.

Golf odds FAQs

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Our golf guides are written by BET.CA's in-house team, who are passionate fans of the majors, LIV Golf Series, and the Ryder Cup. We can help you out with how to bet on all the action that unfolds on the course.

BET.CA staff
BET.CA staff