For those of you who follow regular sports betting, you will be aware that the major tournaments and events in the world of sport sometimes have very high betting odds. Since the summer of 2011, for example, we have seen plenty of big-money events hit the sports betting scene, and many of these have been accompanied by insane betting lines and lucrative odds. In particular, the last year and a half has seen golf’s major tournaments dominated by betting action, with more people placing wagers on the winners of major golf tournaments than any other sporting events.
If you’re interested in taking a punt on some high-profile golfing action, then read on. We’ll teach you how to make the most of the opportunities that exist, and give you a handy guide on how to bet on golf when the time comes.
The Basics Of Sports Betting
If you’ve been paying any attention to the news over the past year or so, you will have heard plenty of stories about the growing popularity of sports betting among the general public. Stories about big money being bet on sports events in European casinos are a stark reminder of how much interest there is in wagering on sports events in general, and golf in particular. According to the New York Times, in 2011 alone there were 23 million people in the U.S. alone that placed bets on sports events, an increase of 12 million people in just one year. That’s a whole lot of people keen to place bets on their favourite teams and athletes. The paper also points out that Nevada, with its relaxed attitude to sports betting, has seen a massive 40% year on year increase in the number of people placing bets. All of this points to one thing: the opportunities for gambling on sports are here to be taken advantage of.
So, what exactly is sports betting and why is it becoming so popular? Essentially, sports betting is when a sports bettor (yes, that’s you) places a wager on the outcome of an event, with the idea being that more people will bet on the home team than the away team. This is usually the case when one team is viewed as a favourite to win, whereas the other is seen as an outsider. Home advantage can make all the difference in a game, and getting involved in a bit of gambling whilst watching your favourite sport is a great way to create some extra excitement.
Golf And Betfair
Now, if you’re a dedicated golf fan, you may be interested to know that over the past 12 months there have been some incredible sporting events that you may have missed had you not been keeping up with the score. The most notable of these was probably the Ryder Cup, which saw Europe beat the U.S.A. 1–0. It was a fantastic match, which was decided by one of the greatest playoff rounds in the history of the game. The European team held a one-shot lead going into the 18th hole, which Nick Faldo and his U.S.A. team mates stormed back from to force a playoff.
The fact that the match was so close, and that both teams had such impressive comebacks, only serves to highlight how badly the golfers who participated in this year’s edition of The Ryder Cup played under pressure. This will be the final Ryder Cup for Faldo, who is arguably one of the greatest sportspersons of all time and certainly a key figure in the tournament’s success. After four great years, it’s probably fair to say that Faldo’s time has come. With the Ryder Cup scheduled for 2021, Faldo’s final tournament will be an unforgettable one.
If you’re looking to place a bet on the outcome of the upcoming Ryder Cup, then you’ll need to look no further than Betfair. One of the world’s biggest online betting exchanges, Betfair offers betting on just about any sporting event, from the world’s biggest championship games to mid-sized sporting events and local amateur competitions. The exchange also provides a growing number of betting markets for those interested in a single game or event, such as football, tennis, and golf. Not only that, but they also provide in-play betting markets, which allow you to bet up to the second the event you’re interested in happens, rather than setting a time for the game to end. This is something that almost all of the other major online betting exchanges don’t offer.
Types Of Sports
In order to place a bet on a sport, you’ll first need to decide what type of sport you’re going to bet on. There is a wide variety of sports that you can bet on, from football and tennis to golf and cricket. Depending on where you are located, you may also be able to bet on horse racing or NBA basketball. It really is something to see the number of sports that you can bet on, and the huge variety of events and games that are available to be placed a wager on. As we mentioned above, one of the biggest attractions of sports betting is that it gives you the opportunity to follow the sport that you love, whilst getting involved in some extra excitement and possibly some easy money too. Whatever your favourite sport is, there is probably a bookmaker that offers odds on it somewhere. Take a look around you, and you’ll soon find that almost all of your favourite sports are available for you to bet on, either directly or via an online bookmaker.
How To Calculate The -120 Bets On Betfair
When you find a sport that you’re interested in betting on, the first thing you’ll need to do is to find the corresponding odds. If you visit the odds section of the Betfair website, you’ll see that almost all of the major sports are currently available for betting with some impressive odds. Since we’re assuming that you’re already familiar with the game, and you have a hunch that at least one of the teams is going to win, we’ll assume that you’re planning to back the home team. For those of you that are curious, backing the home team in an American sports event is usually referred to as taking the -120 bet, as it’s an even money bet (–120) for the home team, and the money will be refunded if your team loses (provided you place the bet before the match starts). As a rule of thumb, you can assume that odds of around –110 are going to attract attention, especially if the price is right.
So, you have your home team, which you think is going to win, and you want to back it to be able to take advantage of the lucrative odds. What now? You’ll need to decide how much you want to wager. You have two options here. You can either opt for a lay bet, meaning that you’re placing a wager on the outcome of the game, or you can go for a parlay bet, which is similar to a lay bet, but you’re also involving another team in your wager. A lay bet, in its simplest form, is when you place a wager on just one team, usually the one that you think is going to win. A parlay bet, on the other hand, is when you place a wager on two or more teams, usually the same two teams that you’re backing in the first place. For example, you might back the Seattle Seahawks and Denver Broncos, and decide to place a lay bet on the outcome of the game. So, you’re placing a wager on the outcome of the game, but you’re also involving the Denver Broncos and the Seattle Seahawks in your bet. Depending on the time of day and how busy the betting exchange is, you may find that some bookmakers are more accommodating than others when it comes to parlay bets. The same rules apply to all wagers, however: the money will be returned if your chosen team loses, and you’ll need to make a profit if one of your teams wins. As mentioned above, the important thing to bear in mind is that you’ll need to make a profit in order to cover your costs, so you want to make sure that you’re not risking too much money on one or two bets.
Picking The Winners
Now, you have your home team and the team that you’re backing in the competition. You have decided that you’re going to back the home team, so you’ll need to make sure that they win in order to collect on your bet. How do you go about picking the winners? There are two main ways to do this. You can either pick the winner yourself, or you can use one of the numerous tools that are available to assist you in selecting the teams that are going to win. For the sake of this article, we’ll assume that you’re going to pick the winners yourself, as this method can often produce the best results. Having said that, with so much opportunity to follow your favourite sport, you may not have the time to monitor the scores of all the games that you’re interested in.