Golf Betting Has Its Risks And Rewards

bly the only thing more difficult and frustrating thanMaggert (FedEx St. Jude Classic, May 28); Carl
gaining a degree of proficiency at playing golf is tryingPettersson (the Memorial Tournament, June 4); J.J.
to make a buck betting golf. As the PGA Tour teesHenry (Buick Championship, July 2); and Corey Pavin
it up for the start of another season this month,(US Bank Championship, July 30).
it’s a sober fact of betting that no matterNail just one of the above winners and
how you slice it—-into the rough, into theyou’re good for a free ride betting the PGA
water, into the woods, beyond theTour every week for two to five years, depending
hazard—-earning a profit through golf bettingon the size payout of that one winner.
may be the most absurdly arduous and unrewardingSo what’s the problem? Just bet a longshot
task facing a prospective sports bettor.each week.
Consider that if you place a future book wager on aWell, for starters, exactly how do you find a J.B.
major tennis tournament where there are 128Holmes or a Chris Couch? When Holmes won the
entrants, such as Wimbledon or the US Open, yourFBR Open there were 109 other golfers offered at
choice has to beat just seven players. The other 120odds of 100/1 or more, including 51 at odds of 250/1
are eliminated by someone else.or greater. In fact, if you were looking for a real
The same thing happens in the NFL playoffs where alongshot, there were 35 golfers who were offered
team need beat just three or four opponents toat betting odds of 300/1 or more, including Tony
claim a Super Bowl championship. The NBA and MajorRohlik and Ian Leggatt, each at a life-changing 750/1.
League Baseball have similar formats, where most ofHow in the name of Titleist could you isolate Holmes,
the teams are eliminated by someone other than thewho won in just his fourth PGA start?
eventual winner.It was a similar situation when Couch won in New
About the closest thing to golf is a NASCAR NextelOrleans. At that tournament, 26 other golfers were
Cup race, where your driver has to beat 42 otherlisted at 250/1 and 19 more were quoted at odds of
competitors.300/1 or greater.
But a typical golf tournament features about 150Given the difficulty in isolating a longshot, maybe
players, meaning the man on whom you placed yourbetting the favorite is the better way to go.
wager, has to beat every one of them.Well, no.
Given those overwhelming odds, then, why play?Favorites won just nine events last year and, with
The answer, of course, is because the payoffs canthe exception of Phil Mickelson’s triumph at
be so large. For example, of the 48 regular seasonodds of 7/1 in the BellSouth Classic, April 2, the other
events on the 2006 PGA Tour, 17 of them wereeight favorites all were named Tiger Woods.
won by players returning a three digit reward to theWoods, in fact, won eight of the 15 PGA Tour
bettor. An additional nine tournaments went toevents he entered last year, meaning you could have
players whose odds ranged from 40/1 to 80/1.realized a modest profit by betting on the
The list of bountiful winners is headed by J.B. Holmes,world’s No. 1 player in each start. But for his
who captured the FBR Open, Feb. 5, and Chriscareer, Woods has won 54 of 200 tournaments, or
Couch, who won the Zurich Classic of New Orleans,just over one in every four tournaments he’s
April 30, each at odds of 250/1.entered, so you’d have to average odds of 3
Kirk Triplett (Chrysler Classic of Tucson, Feb. 26);1 to break even.
Aaron Baddeley (MCI Heritage, April 16); BrettThat’s not going to happen.
Wetterich (Byron Nelson Championship, May 14); BenSo how do you win betting golf?
Curtis (Booz Allen Classic, June 25 and 84 Lumber“I don’t know anyone who bets golf
Classic, Sept. 17); Dean Wilson (The International,consistently and wins,” conceded a Nevada
Aug. 13); and Eric Axley (Valero Texas Open, Sept.bookmaker who asked he not be identified.
24), all scored at odds of 150/1.“It’s really a fool’s errand. The
Last year’s winners at 125/1 included Rodonly way someone can win betting golf is to hit a
Pampling (Bay Hill Invitational, March 19); Stephenlongshot and never bet again.”
Ames (The Players Championship, March 26); JeffYeah, right.