Golf Betting: Bet on the Masters Tournament

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2020 Tiger Woods and the Field—Major Championship Odds Preview

After a carrousel of injuries kept him off of the links and the leaderboard, Tiger Woods’ career was thought to have been coming to a close. But following victories at the 2018 Tour Championship and the 2019 Masters, Tiger Woods betting action is alive and well. He proved that he’s healthy and competitive early in 2020 with a win at the inaugural Zozo Championship in Japan, which resulted in Woods tying Sam Snead for the most wins in PGA history (82). That early success sets the stage for what promises to be an exciting season for the world’s most popular golfer.

Needing just three more major victories to tie the great Jack Nicklaus, there’s no question that Tiger Woods’ odds deserve serious consideration in 2020. Although you won’t find him at the top of the golf betting odds, Woods has once again gained relevancy in the PGA golf betting world, particularly with major tournaments. He sits just outside of the top three favourites in each of this season’s majors and is capable of upsetting the leaders with a string of good play. Tiger is +1000 to repeat as Masters’ Champion for the sixth time in his illustrious career. He owns the fourth-highest PGA Tour Championship odds at +1200, is +2200 to win his fourth career Open Championship, and is +1400 to win his first US Open since 2008 – a major that he’ll be driven to recapture. In this major tour championships betting preview, we’ll discuss Tiger as well as the other tour championships favourites, so you can feel prepared to bet on all of the 2020 PGA Tour majors this season. 

The PGA Favourites

Although a Tiger Woods betting preview is well deserved given what he’s accomplished in his career, we’d be remised if we didn’t discuss the top-rated golfers as the 2020 season gets into full swing. The combination of Brooks Koepka, Rory McIlroy and Dustin Johnson made up the bulk of PGA money earnings in 2019, and they’re expected to have yet another lucrative year in 2020. 

Brooks Koepka +800 Masters Odds

One constant among the PGA betting favourites is the world’s No. 1-ranked golfer, Brooks Koepka. The Florida native is coming off of his most successful season as a pro, winning three tournaments, and amassing $9,684,006 in prize money. 

For that reason, Koepka is likely to give Tiger the greatest challenge in his pursuit of his three remaining major victories. In addition to being the +800 favourite for the Masters, Koepka is expected to have another strong showing at this year’s PGA Championship, where he leads the betting field (also at +800). While his odds drop to +1000 at The Open, he still edges Rory McIlroy as the betting favourite across the pond. And to no one’s surprise, he is expected to win his third US Open this season, where he’s the +800 favourite to accomplish the feat. 

Rory McIlroy +1100 Open Championship Odds

Mired in his own personal majors slump, Rory McIlroy has managed to maintain his status as the No. 2-ranked golfer in the world by finishing in the top 10 in 14 of 19 tournaments last season, including three victories and one second-place finish. He’ll be eager to find his majors stroke in 2020, with particular emphasis on the Masters; it’s the only major that’s eluded the Northern Irishman in his career with his top finish of fourth coming back in 2015. McIlroy owns the second-best odds for this year’s Masters at +900, while ranking third (+1000) in the 2020 PGA Championship odds, and +1100 for the Open, which is set for Royal St George's Golf Club in England this year. Finally, he’s tied with Dustin Johnson at +1000 to capture his first US Open since 2014.

Dustin Johnson +900 PGA Championship Odds

Rounding out the top three in our golf betting favourites is the 2016 US Open winner, Dustin Johnson. Johnson hasn’t had the same level of success as the other men listed in this betting preview, but he has the skillset needed to capture any of the PGA’s major tournaments. He narrowly missed winning his second major in 2019 when he finished as the runner up to Tiger Woods at the Masters in Augusta, Georgia. He’s expected to perform well there once again in 2020 with +1000 early betting odds. Johnson is the second favourite at +900 on the PGA Championship odds board, +1200 for The Open Championship, and +1000 to capture the second US Open of his career. Scoop him up early in the futures section of Bodog Sportsbook for solid value in his quest for a second major title in 2020.

*Odds as of November 8th, 2019

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Types of PGA Betting

Golf can be a foreign, yet exciting, world to enter for the average sports bettor. Golf futures offer tremendous variety for you to choose from when betting on your favourite player at a preferred course. In addition, Head-2-Head betting and Golf 3-Ball betting are some of our most popular betting options. If you’re new to golf betting, fear not. We’ve built this handy guide to help you navigate through the most common betting scenarios and give you the best chance to make the most of your wager. If you’re a seasoned pro in the golf betting world, then this guide may provide you with some useful tips to refine your golf betting strategies. Let’s dive in to the exciting world of golf betting with Bodog.

 

How Golf Futures Work

Within the Golf Futures category of Bodog’s sportsbook, bettors have the opportunity to place wagers on who they think will win one or all of the major PGA tournaments. As we discussed earlier, the 2019 Masters is getting the most action, as we’re mere weeks away from the tournament’s tee off. However, if you’re interested in making some bold, long-term predictions to get an edge on the odds, the PGA Championship, US Open and The Open Championship are all available for bettors to explore.

We’ll use an example from the 2019 US Masters to illustrate how futures betting works.

Rory McIlroy +700

Rory McIlroy is the favourite to win the tournament, as his +700 golf betting odds are shorter than the rest of the field. If McIlroy wins, bettors would be paid $700 on a $100 bet.

In addition to betting on the majors, golf fans can bet on the money list winner for the Champions Tour as well as which team will win at the Walker Cup, Solheim Cup and the Ryder Cup.

 

How Golf Head-to-Head Betting Works

A Head-to-Head bet in golf gives bettors the option of making a side bet between two players on the course during a tournament. Lines are set for each player regardless of the results of the rest of the player field.

Branden Grace +1000

Dustin Johnson -350

Tie +450

For the WGC – Dell Match Play, Branden Grace and Dustin Johnson were each assigned odds as if they were playing against each other head-to-head in the tournament. In this example, Johnson was the overwhelming favourite, as indicated by his negative odds. Grace was the underdog, as indicated by his positive odds. If Grace managed to upset Johnson in the tournament, bettors would be rewarded with a $1000 payout on a $100 bet. Those going for the favourite would win $100 on a $350 bet. If a tie were to occur, bettors would be awarded with a $450 payout for a $100 bet on the tie.

 

How Golf 3-Ball Betting Works

3-Ball betting is another popular side bet available at Bodog Sportsbook. In 3-Ball, three players are assigned odds to win within the group regardless of the results of the rest of the field. The player with the lowest score of the three is declared the winner of the side bet. If two or more players finish in a tie, dead heat rules apply.

 

Lucas Bjerregaard -120

Matt Wallace +170

Justin Thomas +400

In this example, Lucas Bjerregaard was selected as the favourite of the 3-Ball grouping, as indicated by his negative odds. If Bjerregaard won the grouping with the lowest score, bettors would be paid $100 on a $120 bet. If Matt Wallace came out victorious, bettors would be paid $170 on a $100 bet. And if bettors took Justin Thomas as the longshot, they’d be rewarded with a $400 payout on a $100 bet. As with all sports betting with Bodog, ensure you’re keeping up to date on the developing odds as the Masters and other golf tournaments approach.

 

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