Spread Betting on: Golf
What is Golf Spread Betting
Golf spread betting is betting against a spread instead of betting on fixed odds. Markets include 72 Hole Match Bets, 18 Hole Match Bets, Finishing Positions, Tournament Index.
Golf Spread Betting Markets
72 HOLE MATCH BETS
The predicted number of shots one player will beat another by over 72 holes (four rounds). The favourite is listed first in this supremacy spread which can also have negative result. If one player misses the cut, the market will be decided by doubling both players’ scores at that stage.
Eg: Angel Cabrera v Steve Stricker
Spread: Cabrera/Stricker 0-1.5
· Market Result: Cabrera 270, Stricker 274 = 4
· Profit = 2.5 x stake if bought / loss = 4 x stake if sold
Eg of negative supremacy: Angel Cabrera v Steve Stricker
Spread: Cabrera/Stricker 0-1.5
· Market Result: Cabrera 272, Stricker 270 = -2
· Profit = 2 x stake if sold / Loss = 3.5 x stake if bought
18 HOLE MATCH BETS
The predicted number of shots one player will beat another by over 18 holes (single round). The favourite is listed first in this supremacy spread which can also have negative result. 10 points are awarded for winning the match up and 3pts are awarded for each shot the match is won by.
Eg: Paul Casey v Ian Poulter
Spread: Casey/Poulter 2-5
· Market Result: Casey 69, Poulter 72 = Casey +19
· Profit = 14 x stake if bought / loss = 17 x stake if sold
Eg of negative supremacy: Paul Casey v Ian Poulter
Spread: Casey/Poulter 2-5
· Market Result: Casey 76, Poulter 74 = Poulter +16
· Profit = 18 x stake if sold / Loss = 21 x stake if bought
FINISHING POSITIONS
A prediction on the final tournament finishing position of a player. If players are tied, the finishing position is determined as tournament position + [total number of tied players /2]. The maximum make-up for this market is 70.
“Unless otherwise stated, for example if a particular tournament had less than 70 players”
Eg: Camilo Villegas, 2009 Open
· Spread: 23-26
· Market Result: Villegas T13 (shared by 10 players) (13+[10/2]) = 18
· Profit = 5 x stake if sold / Loss = 8 x stake if bought
TOURNAMENT INDEX
The predicted performance of a player throughout the tournament, where the points awarded should always be checked. In this example, the winner gets 100 points:
100 – winner
70 – runner up
50 – third place
40 – fourth place
30 – fifth place
25 – sixth place
20 – seventh place
15 – eighth place
10 – ninth place
5 – tenth place
0 – all others
If players are tied, the total points awarded are split evenly between players. Eg. 2 players finish T6. Total index points awarded to each player = [25+20]/2
Eg: Lee Westwood, 2009 Open
Spread: 11-14
· Market Result: Westwood T3 (shared by 2 players) [50+40]/2 = 45
· Profit = 31 x stake if bought / Loss = 34 x stake if sold
