Golf betting in New Jersey has never been easier with more than a dozen online sportsbooks now offering live wagers and a wide variety of bet types.
Every online sportsbook in the state offers golf odds and signing up is quick and easy if you are physically located in New Jersey and are over 21. Most sportsbooks offer a free bet or other promotions to help build your bankroll when you are just getting started.
Golf betting is different from other sports because there are many possible winners for each tournament whereas most sports just have two teams to choose from. The odds are also always changing as the tournaments move along so your payout for betting on the winner before the tournament will usually be much different than a wager placed after the first round.
Betting on the winner is just one of the wagers you can place, sportsbooks offer a variety of bet types to add a dose of excitement to every golf weekend. Here is a quick rundown on how to read golf odds and the types of bets you can place.
Golf odds show how much money a $100 bet would win on each golfer. Here is an example of what you may see pre-tournament:
Brooks Koepka +750
Rory McIlroy +850
Dustin Johnson +1000
Tiger Woods +1600
Justin Rose +2000
In this case, Dustin Johnson has a 10 to 1 chance of winning the tournament, so his odds are depicted as +1000. That means your $100 bet would win $1000 if Johnson wins the tournament.
Remember, the odds will change dramatically once the tournament kicks off so the odds will look very different after the first round. Pre-tournaments bets carry a lot of risk but offer high rewards. Betting after the first round gives you a better view of who is likely to win, but also usually comes with lower payouts.
How to Bet on Golf
You can place a bet on the winner before or during the tournament, but most sportsbooks will also offer a wide variety of prop bets you can place on every tournament to add even more excitement to your weekend.
A prop bet is a bet on the tournament that may not necessarily be tied to the actual outcome. Here are a few examples of prop bets you can place at New Jersey online sportsbooks:
Will Rory McIlroy’s first round score be over or under 70.5?
Will Dustin Johnson hit a hole-in-one?
Will Tiger Woods place in the top 10?
You can also bet on things like who will be the top finishing amateur or who will be the top finishing player from the United Kingdom. You can also bet on who will be the leader after day one or whether Brooks Koepka will shoot a lower score than Justin Rose.
Golf is an unpredictable game and favorites rarely win majors. There have been numerous recent winners that took home championships despite coming in with odds that would have paid out thousands on a $100 bet.