Sat. Jun 22nd, 2024

Golf Betting Odds, Sites & Promo Codes for May 2024

By admin May23,2024

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Golf is a global sport, and golf betting odds are a mainstay at sportsbooks. The appeal of golf betting online is the variety, with so many tournaments, players and different types of golf betting lines to choose from.

From weekly PGA odds to the major championships, there’s a golf bet for everyone – and often, promo codes that can help you make it with bonus bets or a little added security.

Read on to learn more about how to bet on golf, where you can find the best bets on golf and for some golf betting tips.

Golf Odds

Golf odds are conveyed in moneyline format, with the number after the plus sign showing how much you can win for each $100 wagered. However, a number with a minus sign indicates a heavy favorite and indicates how much you have to bet to win $100.

But since golf tournaments are so hard to win, you rarely find negative moneyline plays unless you’re wagering on something like a head-to-head matchup or a top-10 finish.

Charles Schwab Challenge Odds for 2024 Tournament

A week after his whirlwind PGA Championship that started with the birth of his first child and included an arrest, in Louisville, KY,  and a blowup round on Saturday that cost home any shot at the title, World No. 1 Scottie Scheffler returns to more comfortable surroundings in his home state of Texas this week, headlining the field at the Charles Schwab Challenge at the renovated Colonial Country Club in Fort Worth.

Scheffler is the +275 favorite this week ahead of Collin Morikawa (+1200), Jordan Spieth and Max Homa (+2200) and Tony Finau (+2800). Defending champion Emiliano Grillo is +12500

Upcoming Golf Events

Tour Date Event Pre-Tournament Favorite
PGA May 23-26 Charles Schwab Challenge Scottie Scheffler, +275
PGA May 30-June 2 RBC Canadian Open TBA
Major June 13-16 U.S. Open Scottie Scheffler, +400
Major July 18-21 Open Championship Scottie Scheffler +500

 

Best Golf Betting Promo Codes

Sportsbook Promo Code Offer
BetMGM SBWIRE 🤑 First-Bet Offer up to $1,500
Caesars Sportsbook SBWIRE1000 🤑 First Bet On Caesars up to $1,000
Fanatics Sportsbook Click Here 🤑 Up to $100 in Bonus Bets Per Day for 10 Days
bet365 SBWIRE 🤑 First Bet Safety Net up to $1,000
BetRivers Click Here 🤑 Second-Chance Bet up to $500
DraftKings Click Here 🤑 No Sweat Bet up to $1,500
FanDuel Click Here 🤑 Bet $5, Get $150 in Bonus Bets if you Win (Bet $5, Get $300 if You Win in MA & OH)

Golf Betting Sites Reviewed By Experts

While there are many betting golf sites to choose from, finding the right one for PGA Tour betting doesn’t have to be overwhelming.

Our experts have done the work, identifying top golf betting sites based on criteria like the quality of golf odds, value of sportsbook promo codes, golf betting games and features such as consistent odds and profit boosts.

And all the golf betting sites listed below are legal and licensed in the United States.

BetMGM Golf

A sports betting power that traces its roots back to the MGM Grand, BetMGM boasts a range of betting options unrivaled in the industry – which includes golf and betting on PGA Tour events.

The choices for betting on golf can feel limitless, all of it bolstered by daily features like the “Lion’s Boost” odds enhancer.

The BetMGM bonus code offers new users a First-Bet Offer up to $1,500 that pays back opening bet loses with up to $1,500 in bonus bets.

Top App Features

  •  Daily odds boosts
  •  Bet editing and early cash out
  •  Industry-best rewards program

Caesars Sportsbook Golf

Another sports betting brand name whose lineage goes back to the Las Vegas Strip, Caesars offers competitive golf odds that are posted and updated quickly. There are lots of live streaming and live betting options, and regular promos for existing users.

The Caesars Sportsbook promo code offers a first bet on Caesars, which refunds the amount of a lost first bet up to a $1,000 maximum. It is one of the top apps for golf betting online

Top App Features

  •  Very competitive golf betting lines
  •  Regular boosts and promos
  •  Industry-best customer support

Fanatics Sportsbook Golf

The newest entry in the world of golf betting is Fanatics Sportsbook, an arm of the sportswear company.

The Fanatics Sportsbook promo code gives new customers up to $1,000 in bonus bets – up to $100 a day for the first 10 days after you open your new account.

To participate, you must place a qualifying wager of $5 or more on any market with odds of -200 or longer each day. Once that bet settles, you will receive a bonus bet equal to the amount of your wager, up to $100.

Top App Features

  •  Personalized Daily Bonuses
  •  Odds Boosts
  •  You will earn FanCash each time you place a bet.

FanDuel Golf

A former daily fantasy site that evolved into a powerhouse sportsbook, FanDuel is known for its incredible response time and unparalleled iPhone integration, which make it easy to quickly place live golf odds and bets.

The site also offers a wealth of competitive PGA Tour odds, along with low minimum bet requirements. The FanDuel promo code offers $150 in bonus bets on an initial $5 wager if that bet wins. In Ohio and Massachusetts, the offer is Bet $5, Get $300 if You Win.

Top App Features

  •  Excellent response time
  •  Low bet minimums
  •  Robust array of bet offerings

DraftKings Golf

Another former daily fantasy provider that’s emerged as a sports betting juggernaut, DraftKings offers betting markets that cover an immense range of sporting events in the U.S. and beyond, as well as lots of live golf betting options.

The DraftKings promo code provides new users with a No Sweat Bet up to $1,500 that delivers a bonus equal to the amount of your first bet if it settlesƒdraftkings as a loss.

Top App Features

  •  Great live betting options
  •  Range of ongoing boosts and promos
  •  Cash out option

bet365 Golf

Founded in Great Britain in 2000, bet365 pioneered features like live betting and same-game parlays now standard across the industry. bet365 today offers more features like cash out and early payout, as well a low minimum bet.

The bet365 bonus code offers new users a first-bet safety net up to $1,000; lose your first bet, and bet365 reimburses the stake in bonus bets up to the maximum.

Top App Features

  •  Low bet minimums
  •  Cash out and early payout
  •  Wealth of odds on U.S. and Euro sports

BetRivers Golf

Launched in 2018 by Rush Street Interactive, BetRivers has become a sportsbook known for regular bonuses and payouts within 72 hours. BetRivers offers bettors lots of stats, as well as a cash out feature and daily boosted odds.

The BetRivers bonus code offers new users a “second-chance” bet of up $500, which returns the amount of a lot first wager up to the maximum.

Top App Features

  • Daily odds boosts
  •  Regular promos
  •  Quick payouts

Golf Betting Apps Rated

Golf Betting Apps Apple Rating Android Rating
BetMGM 4.8 4.2
Caesars Sportsbook 4.6 4.3
Fanatics Sportsbook 4.7 4.2
BetRivers 4.4 3.3
bet365 4.7 4.5
FanDuel 4.8 4.7
DraftKings 4.9 4.6
Fanatics 4.7 4.0
ESPN BET 4.8 4.3

Just as all golf courses boast different features, no two betting golf promo code offers are created alike. Let’s take a look at the different types of promo offers and the perks they deliver, and how they can help enhance your experience betting on golf.

Bet Credits

Bet credits are what most welcome offers deliver: funds you can use to bet with, but are only valid at the sportsbook that dispensed them. They often require a minimum deposit or initial wager to unlock, and winning can be cashed out if you wager the bet credit amount a specified number of times – typically once.

Bet credits also typically expire after a specific length of time, usually seven days.

Deposit Match Bonuses

Deposit match bonuses are just that: The sportsbook matches the amount of your initial deposit in bet credits, up to a certain amount.

While you can only wager the matched amount at the sportsbook offering the promo, this still has the effect of doubling your initial betting bankroll.

No Deposit Bonuses

A “no deposit bonus” deposits bet credits into your account just for signing up with a sportsbook. On your part, no initial minimum deposit or wager is required.

Once again, the funds can only be wagered at the sportsbook which distributed them, unless they can be converted to cash by betting the amount a specific number of times.

These types of bonuses are available through some North Carolina sportsbook promos now that the Tar Heel State offers online sports betting.

Parlay Insurances

Parlays, linking several bets together into one large wager, can be fun and lucrative, but they’re also tough to win.

A parlay insurance promo awards the user a bonus bet of a certain amount if their parlay loses. If the parlay wins? Then enjoy your winnings.

Odds Boosts

Odds boosts increase the odds of a certain wager, boosting potential winnings as well. Boosted odds typically appear on bets selected by the sportsbook, and can be available to both new and returning users.

PGA Tour odds boosts can be lucrative: A boost of +200, for example, can add $200 to winnings for every $100 wagered. Look for boosted Masters odds on some players and betting markets in the lead-up to the opening round.

Contest Offers

Some online sportsbooks offer entry into contests or golf betting games that can have big payouts for the winner. One popular type is an survivor pool contest, in which contestants try to pick winners each week.

Other contests invite entrants to pick a certain number of sports winners each day, or are connected to major events like The Masters.

Golf Bets Available

The great thing about learning how to bet on golf is that it allows a ton of ways to wager because of the number of players and tournaments.

Let’s take a look at some of the most popular golf bets you can make when betting on PGA Tour events – and most other tours as well.

Moneyline

PGA Tour fields can have 156 players, and nobody wins every week. So, PGA odds on even top players are usually favorable – +1200 on McIlroy, for example, means you win $1,200 for every $100 wagered -and moneyline bets can still be very lucrative.

You can also vary your moneyline bets by wagering on finishing position (top-10, for example), head-to-head, make or miss the cut and so much more.

Parlays

A parlay is when you combine several golf bets into one wager, increasing your potential winnings with each bet (and also increasing the risk). But there’s a catch: if one bet loses, the entire parlay loses.

You can combine almost anything: McIlroy to win, Scheffler to finish top-10, Adam Scott to finish as top Australian. The more wagers you add, the bigger your potential payday but also the tougher it is to win.

Prop Bets

Prop bets don’t require a lot of golf knowledge, and have little to do with the final outcome. But they can still be fun. Will Scheffler make a hole-in-one? Will McIlroy play in the final pairing on Sunday? Will there be a playoff? There are lots of golf prop bets, especially during major championships.

Futures

Futures allow golf bettors to wager on a tournament, weeks or months in advance. Golf futures provide more favorable odds than you’d get on eve of the event; think +1200 on Brooks Koepka to win the U.S. Open, as opposed to +600 on tournament week.

The downside of betting far in advance, though, is that you risk an injury or other issues that could tank the chances of the player you’ve backed.

Live Betting

Live golf betting is wagering once a tournament has teed off and provided the opportunity to find more favorable PGA Tour betting odds than pre-tournament, which offer the potential of a larger return.

How To Download Golf Betting Apps

Hitting the perfect golf shot may be hard, but getting started in golf betting isn’t. All the top golf betting sites have sports betting apps, so follow these simple steps to have the best golf bets at your fingertips after you have claimed your welcome offer.

  1.  Visit the Apple or Android store, depending on your device
  2.  Search for the golf betting app you’re looking for
  3.  Download the app to your mobile phone
  4.  Register and opt into your promo code offer from the app
  5.  Make your first golf bet!

Sign Up to Bet on Golf Odds

You’re about to discover what many already know: That compared to most other sports, golf betting and PGA odds offer lots more action and many more opportunities to win.

So, how do you find the best online golf betting sites to make the best wager for you? Sign up for one of the top golf betting apps recommended here, claim your welcome offer and enjoy the countless betting opportunities that betting on golf can provide.

Golf Betting Odds FAQs

How do golf odds work?

Golf odds are conveyed in moneyline format, such as +1200, which means you’d earn $1,200 for every $100 wagered if the bet were to win.

Virtually all golf bets – to win, top-10, make or miss the cut, head to head, even props like top player of a certain nationality – work this way. The higher the number, the more you can win, and opportunities for value are everywhere.

What is the spread in golf betting?

Spread golf betting is seen primarily in Europe and done mostly by experienced bettors trying to capitalize on any edge they can find.

The spread is based on the number of shots by which the bookmaker thinks one player will beat another, and golf bettors buy on the spread or sell against it depending on how they think the player will perform.

Can you bet on golf?

Indeed, you can bet on golf if you’re in one of the U.S. states that offers legal sports betting.

More than half the country now has access to legal sports betting, and golf with its myriad of possibilities is a mainstay of golf betting sites everywhere.

Where can I bet on golf?

You can bet on golf at any of the trusted golf betting apps listed here, all of which are legal and licensed in the U.S.

Download the betting app of your choice, look for the menu of sports, and click on “golf” to bring up all the tournaments the sportsbook is accepting wagers on.

What apps can I use to bet on golf?

Any of the golf apps mentioned here are great options. They all offer a voluminous selection of golf events occurring both this week and the future, as well as live betting and other features. And they’re also all legal to use in the U.S., which gives golf bettors peace of mind knowing their deposits are safe.

What is the best golf betting site?

Our reviewers rank BetMGM and Caesars Sportsbook as two of the best golf betting sites, but all of the proven and trusted sportsbooks listed here feature competitive odds and great promo code offers for new users.

Getting started is easy: Click to download the golf betting app of your choice, accept your welcome offer and begin making bets on popular golf events today.

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