Golf Futures Betting

Golf futures are bets on events that will either occur way in the future or will take a long time to resolve. These bets can cover a specific event that will take place during the next year or they can cover the course of an entire year. For example, a common futures bet is one that asks “will this player win a major tournament in 2010?”

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One futures bet recently offered by Bodog asked who would be the highest earning player this year other than Tiger Woods. They then gave a list of players and the odds associated with each player. The most skilled players were given the lowest odds and the long shot players were given odds as high as 125/1.

Other golf futures bets simply let you bet on which player will win an upcoming tournament. The only difference between these bets and outright golf bets is that the futures bet deals with a tournament that is still a long ways off. A sample tournament futures bet looks like this:

The Open Championship Odds to Win:

Tiger Woods 3/1
Phil Mickelson 12/1
Padraig Harrington 16/1

How Golf Futures Betting Works Online

In this bet, all you do is pick your golfer, place your bet and wait for the tournament to begin. If your player wins the tournament, you will be paid according to the odds that were offered at the time you placed the bet.

Futures betting can be profitable but it is not an easy way to make a steady profit. These bets can be affected by so many unforeseen events that many bettors consider them pure gambling. The good news is that golf futures pay successful bettors handsomely.

One thing to keep in mind is that futures bets tie up your money for a good amount of time. Remember to keep a little money set aside for your more short term betting needs. That way you can keep betting on short term events until your futures bet comes due. By that point, the winnings will feel like pure profit.