Beginner's Guide #28 - Mastering Golf Betting on Bet365 in Tennessee

A Beginner's Guide to Each-Way Bets, Dead Heats, and Popular Markets

Bet365 has officially arrived in Tennessee! I’m generally pumped for this but in particular for the golf markets. If you're new to golf betting, you're in for some fun! Golf offers unique betting opportunities, and we're here to walk you through the key concepts, simplifying them with easy-to-follow examples. Let’s get you ready to confidently place your first bets.

Betting on Golf: Understanding Each-Way Bets

If you've browsed golf betting, you've probably come across "each-way" (E/W) bets. Think of an each-way bet as a two-in-one wager:

• Win Part: You're betting your golfer will win the tournament outright.

• Place Part: You're betting your golfer will finish near the top—usually within the top-4, top-6, or top-8, depending on Bet365’s terms.

Each-way betting is ideal if you're confident a golfer will play well but aren't sure they'll secure an outright win. It's particularly appealing for long-shot golfers with high odds since it offers a safety net—even if your golfer doesn't win, you can still come out ahead if they finish in a strong position.

Example Scenarios:

Let’s say you place a $10 each-way bet ($20 total) on Ludwig Aberg at odds of +2000 (20/1):

• 4 Places E/W (1/4 odds):

  • Finish in the top 4: Your place bet pays +500 (1/4 of +2000). Profit = $50 + your original $10 place stake, totaling $60.

• 6 places E/W (1/5 odds):

  • Spieth finishes top-6. Profit = $40 (+400), plus your $10 stake = $50 total.

• 8 places E/W (1/5 odds):

  • Spieth finishes top-8. Again, profit = $40 (+400), plus your $10 stake = $50.

If Spieth Wins: You’d earn both the win and place profits—$200 profit (on a $10 bet at +2000 odds) plus the applicable place profit above.

If Spieth finishes outside the places: Your bet loses, and your entire stake ($20 total) is gone.

What's a Dead Heat?

A dead heat occurs when multiple golfers tie in a position relevant to your bet, such as top-10 finishes. This affects your payout.

Example:

You bet $40 on Max Homa to finish in the Top-10 at odds of +500. Fowler ties with three other golfers for 10th place:

• Your stake ($40) is divided by the number of golfers tied (4).

• Your payout is calculated on the reduced stake: $40 ÷ 4 = $10 effective stake.

• Profit at +500 = $50 + your adjusted stake ($10), totaling $60.

Dead heats reduce your payout, so keep an eye out when multiple golfers share finishing positions!

If a market explicitly notes "ties paid in full," your bet isn't subject to dead heat reduction. Otherwise, assume dead heat rules apply.

Pro Tip: If you're choosing between two similar bets—one offering dead heat protections and one without—make sure the odds without protections are significantly better (at least 15-20% higher) to justify the additional risk of dead heat reductions.

Other Popular Golf Betting Markets

Besides each-way and dead heats, there are plenty of exciting ways to bet on golf:

• Tournament Winner: Simply bet on a golfer to win outright.

• Match Bets: Choose which golfer out of two will finish higher.

• Three-Ball Betting: Pick the golfer who’ll score best out of three players grouped together for a single round.

• Top Finish Bets: Predict if a golfer finishes top-5, top-10, or top-20.

• Nationality Bets: Bet on the top-performing golfer from a particular country or region.

With Bet365 now live in Tennessee, exploring these markets is an excellent way to add even more excitement to every swing, putt, and round.

Start small, keep it fun, and you'll quickly become a confident golf bettor!