Live Golf Betting Brings Betting Excitement
Live golf betting is a great way to wager on a tournament after it has begun and possibly get better odds than before it started.
Live sports betting has exploded in popularity as sports fans inject more excitement into online sports betting, including golf betting.
At BetMGM, you can view live odds for every PGA Tour tournament.
From the Valero Texas Open or Barracuda Championship to The Masters and U.S. Open, updated live PGA Tour odds allow you to hedge against a futures bet on Scottie Scheffler, increase your pre-tournament investment on Rory McIlroy, or take a new position on Jon Rahm, Justin Thomas, or any other golfer.
What is Live Golf Betting?
When an event begins, pregame (or pre-match, pre-tournament, etc.) betting closes, odds are locked and live betting opens. And live betting doesn’t close until the final minutes of the event.
For example, perhaps Collin Morikawa and Jordan Spieth are tied for the lead in the PGA Championship. At -9, they’re two shots ahead of Scheffler and Russell Henley, and four shots ahead of five golfers tied at -5.
At this moment, as Morikawa and Spieth approached the 11th tee, tournament winner odds might be:
Regardless if placed pre-tournament wagers on Morikawa or any other golfer, you had access to live betting.
From tournament winner and third-round leader to lowest score on the next hole (between two golfers) and player or hole specials, live golf betting is available for dozens of tournaments each year.
New customers at BetMGM start with a risk-free bet, up to $1000. Simply sign up, make a deposit and place your first wager. If the bet loses, you’ll receive the amount of your wager back in free bets.
How to Live Bet on Golf
Most sportsbooks have a live betting page, so it’s easy to monitor the odds, which are constantly changing.
While watching the PGA Championship or tracking scores online, you could’ve also been browsing live odds and waiting for a favorable number to post. And maybe your favorable number was posted after Spieth’s birdie on the 10th hole.
After passing on pre-tournament betting, you placed a $100 live bet on Spieth to win at +300. And two hours later, Spieth (-10) held off Morikawa (-9) to win.
The bet returned $400 (including stake).
Live Betting Parlays
Live golf betting isn’t limited to single or straight bets. You can also combine bets into a multi-leg parlay with bigger payout potential.
While Spieth and Morikawa were playing the 11th hole on Sunday, the pair, and several other players, had odds for individual holes. For example, the odds for Morikawa 12th-hole score might be:
Birdie or better: +500
Bogey or worse: +200
And odds for Scheffler’s 13th-hole score might be:
Birdie or better: +350
Bogey or worse: +175
A $50 parlay bet on a Morikawa par (-175) and a Scheffler par (-140) would return $134.69 (including stake) if both legs hit.
Reward yourself at BetMGM with up to 40% more profits on your winning parlays. All you need to do is opt-in and place a four to seven leg parlay on any combination of sports or event.
Prop Bets Good Addition to Live Betting
A good way to round out your bet slip is with a proposition bet or two. A prop bet is a side wager on one aspect of the tournament.
Some of the bets that can be made include whether there will be a hole-in-one, either for the whole four rounds or one specific round. As you can imagine, the odds for four days for an ace are much better than on a single day.
The odds for an ace during the event are +400 Yes and -715 No. The odds for a particular round are +1000 for Yes or -3335 for No.
Another prop bet is the margin of victory. Here you have a choice of how many strokes the champion will win by. The favorite is four strokes at +175, while the longshot is three strokes at +550.
BetMGM offers some of the best options for live betting on golf. BetMGM is legal in 19 states. Click here to sign up today and give live in-game betting a try. Start with a small wager and remember, always bet within your means. And if you or someone you know may have a gambling problem, there are resources in your state or call 1-800-GAMBLER.