Top 7 Annual Golf Tournaments to Bet On
Golf is a popular sport that has existed since the 15th century. Now, many golf tournaments are held yearly that you can bet on.
Read on to learn about the top golf tournaments and how you can bet on them using Bitcoin.
Table of Contents
- How Does Golf Betting Work?
- Popular Golf Bets
- Top Golf Tournaments to Bet On
- How to Bet on Golf with Bitcoin on 1xBit
How Does Golf Betting Work?
Golf betting refers to any gambling activities associated with the sport of golf. When approached in the right way, golf betting can be fun and lucrative. However, before we get to how it works, here are some tips and strategies that may prove helpful in your golf betting pursuits.
- Understand and learn how to read the betting odds provided.
- Follow weather reports on venues where events will occur.
- Familiarize yourself with the layout and difficulty of the golf courses.
- Explore all betting options and avoid placing bets at the last minute.
- Use previous statistics in your current betting endeavor.
Now, let's dive into the working mechanism of golf betting.
First, you need to choose the right bookmaker from the scores of golf betting sites available. For those who love betting with cryptocurrency, a sportsbook like 1xBit can be a good place to start. An ideal bookmaker is keen to include valuable features like instant payouts, low to no transaction fees, numerous payment methods, and a guarantee of user data safety. Once you identify one, proceed to create an account.
Account creation on most sportsbooks is pretty simple. You only need to provide your identifying details. Once you’ve provided them, verify your account, log in, and make your initial deposit to start betting.
With your account funded, visit the bookmaker's menu to see their golf betting market offering. Browse through all the betting options and settle on the ones you are confident about. Stake the amount you want to spend on the bet and then wait for the outcome of the golf tournament.
Popular Golf Bets
Below are some popular golf bets favored by gamblers that you can wager on using 1xBit.
Outright Winner Bet
Also known as the 'to win' bet, the outright winner bet is the simplest and most prominent of golf bets. It entails picking the winner of a specific tournament at the end of the event. Odds accompanying this type of bet can be towering and depend on the player you select to win the competition.
Head-to-Head Bet
Head-to-head bets are unique and are used by bettors to gain a slight edge over the bookmaker potentially. Here, the sportsbooks pit two players in the same tournament against each other, and you get to wager who you think will finish in a better position. Regardless of the position they finish at, you win the bet if your selected player shoots better or finishes higher than the opponent.
Versus the Field Bet
With this type of bet, you root for every player in a tournament to win except for one or a few selected golfers. Usually, it is provided in the later rounds of the tournament when there is a clear favorite. The bet is won if the favorite doesn't come out on top.
Futures
Like in other sports, the futures betting market in golf is well-liked by bettors due to the high odds that come along with it. The future bet allows you to select the winner of a championship or golf tour before the season begins. Some bookmakers can make this bet during the playoffs or at any point in an ongoing season.
Top 7 Golf Tournaments to Bet On
There are countless top golf tournaments that you can bet on. Here are the most popular.
The Masters
The Masters tournament is a prestigious golfing event held annually at the Augusta National Golf Club in the United States. It consists of four rounds at 18 holes each, with elite golfers from across the world competing for cash prizes, the green jacket, and trophies. It is a fan favorite, and bettors have a field day for the duration of the competition.
The Open Championship
Also referred to as the British Open, the Open Championship is considered one of the most popular golf competitions, second only to The Masters. Held yearly in the UK, it is among the oldest golf tournaments in the world. More than 100 golfers compete in this tournament to give fans an action-packed thrill and a wonderful betting experience.
The PGA Championship
The PGA Championship is an annual golfing event organized by the Professional Golfer's Association of America. It is a high-profile tournament that many golf enthusiasts look forward to. Besides the thrilling golfing action, fans can make money through betting.
The US Open
As the name suggests, the US Open is an annual golf competition held in the US. It is organized by the United States Golf Association (USGA). It is considered one of the biggest competitions in terms of prize money, boasting a tournament purse of over $17 million. For this reason, it attracts a wide audience, both golfers and bettors.
The Players Championship
Commonly known as The Players, this tournament has been held yearly since 1974. The championship attracts top golfers who battle it out to earn the $3.6 million prize money given to the winner.
The Memorial Tournament
The Memorial Tournament was founded by retired golfer Jack Nicklaus and is played every year at Muirfield Village Golf Club. Unlike most tournaments, it is an invite-only event with a reduced capacity of 120 golfers.
The Arnold Palmer Invitational
Founded by the golf legend Arnold Palmer, the Arnold Palmer Invitational tournament boasts of invitational status. 120 players are invited every March to participate in this competition at the Bay Hill Club and Lodge.
How to Bet on Golf with Bitcoin at 1XBit
1xBit is a top-rated bookmaker that allows you to bet on golf using Bitcoin. Below are some simple steps that you can take to bet on your favorite golf tournament using bitcoin using 1xBit.
1. First, go to the 1xBit site and create an account. To do this, find the registration button and click on it. Enter the details required.
2. Once you are done with the registration, log in to your account and deposit some bitcoin. To do this, click on the green deposit button and then tap on the bitcoin logo that appears. Finally, copy the address given or scan the QR code to complete your deposit.
3. On the sporting activities A-Z listing, scroll down to the golf section and tap on it. The website will show the golf tournaments available to bet on.
4. Choose your preferred competition and carefully select the betting markets to wager on. Once satisfied, stake the wager amount and submit your bet slip.
1xBit makes winning on your favorite sports possible by allowing you to place wagers using bitcoin. Moreover, 1xBit provides towering odds that give you the potential to earn satisfying rewards.
Visit 1xBit today and create your account to enjoy the benefits of golf betting with bitcoin.