GOLF: Why this sport is a must for your betting portfolio
Discover the reasons behind making money betting on golf
This is something I have said many, many times over the years.
To all my current members, and to any potential new client, or enquirer, who has sent me an email, or called my office, asking for betting advice.
And it’s simple…
“If you want to make your gambling pay, you must bet on golf.”
And each and every time I talk to would-be syndicate joiners about this subject, or explain to “newbies” about this area of betting…
I have gone through with them, point-by-point, a whole list of reasons why they can make high levels of profit by betting on golf (and often times, win more tax-free money than with a horseracing tipster, or a soccer bet system, or any other sport you care to name).
So much so… to make my life easier, and to answer any questions that you might have yourself about this type of sports betting, I’ve spent a little time itemising the reasons how and why golf betting is good.
No, not just “good”… why it is a vital part of any backer’s portfolio.
And whether you’re a big-stakes operator, a semi-pro backer, or a small-time investor, hear these words and take note…
“You must actively promote golf within your betting portfolio”
In fact, at the expense of some other more high profile or, dare I say it, entertaining sports, an interest in golf betting – having a flutter on the fairways – is a very shrewd move on the part of the want-to-be successful punter.
This is why it’s been a cornerstone of my business model ever since I started in this industry almost 30 years ago… and why today, just as it was then, I put it right up there with racing tips, football betting advice, and any other type of wagering, that can deliver a positive financial return.
As I was reading just the other day on the National Club Golfer website…
“… the growth in the number of bets placed makes experts believe that golf could be the next big thing in the betting market”
Make no mistake, if you want to generate a main income, or add some additional cash to your current sports investing, then taking an active interest in golf betting is the right move.
So let me list for you here the reasons I’ve gone through numerous times over the years to potential recruits, as well as newly inducted golf syndicate winners …
And whether you’re interested in joining the Golf Insider (or if you’ve already signed up) these reasons will show you why it’s a smart move to bet regularly on golf…
For small stakes, you’ll get big wins!
Let me ask you this… “When was the last time you backed a 100/1 winner?”
Well, it can be done with golf betting. In fact, it happens on a regular basis on both the leading golf tours – that’s the PGA Tour in America, and the European Tour that stages events in Europe (obviously!) as well as Asia, Africa, Australasia and the Middle East.
During the past year I’ve logged the winning price of every single golf tournament outright winner on both these professional circuits…
The average winning odds are over 100/1, and the highest winning SP is a massive 600/1!!
This means a small stake, say £5 each-way, on a 100/1 winner will return you £610 tax-free cash.
Certainly easier on your apple-tart (heart) than risking £500 on a horse at 6/5! Or placing some outrageous football accumulator… because they come in all the time, right?
With golf betting, you don’t have to outlay big stakes to make big profits. This makes it a low-risk, high-reward strategy… the perfect starting point for any backer/investor as it requires only a small portion of your betting bank in order to generate a potentially large return.
Remember this mantra, as stated on the Good Financial Investments website…
“Low risk doesn’t have to mean low returns.”
And this is the beauty of golf betting, something which elevates it above many other sports, or alternative types of investing, which demand a large initial outlay of funds if you want to make any significant return. Not so with golf.
Bookies make huge pricing errors
Ask yourself why is it possible for so many winners to happen at such stratospheric odds…
The reason is simple. Bookmakers price up markets on the basis of little, or no, in-depth knowledge of the players involved, or the unique characteristics of the golf courses used, or the key performance stats which shape a player’s form (and so chances of winning). Also, odds compilers often “cut-and-paste” prices from one firm to the next, and so mistakes are allowed to spread right across the board.
How do I know this to be true?
Because my golf betting expert, who has operated the Golf Insider since 2014, is a professional market-maker himself (but a good one!!) and he has blown the whistle on some of the sloppy practices that are common-place in the bookmaking industry when it comes to golf.
As a result he has spent many long hours creating, and developing, a bespoke golf betting algorithm (a “value machine” as he calls it) that predicts true value odds with far a greater degree of accuracy than his fellow golf traders. This edge makes him a winning golf punter in his own right, and explains why members of his service consistently win cash by following his exclusive golf betting tips.
Betting Metrics put it this way…
“Statistical evidence to prove bookmakers make mistakes… the only reason that it’s possible to win money when betting is because the bookmakers make mistakes when pricing up outcomes.”
This is especially true for golf.
And bookie mistakes = money in your pocket!
It’s much easier to get your bets on
Although some golf bettors can afford to stake big sums of money…
Because of the nature of golf betting (as we’ve seen already with the low-risk, high-reward benefit of multiple big-priced golf winners happening every year on tour) most punters only need to invest small amounts to make large profits.
And because stakes are small, and golf is a sport well catered for by the bookmakers (online, with telephone betting, in High Street shops, on betting exchanges like Betfair), then it is very easy for golf backers to stake their bets.
Because “getting on” is a very real concern for a number of the bigger players that I speak to. Those who bet in hundreds/thousands of pounds per bet on the likes of horseracing and football, primarily, but also on golf.
Getting your bets accepted by the layers, and keeping your betting account unrestricted, is much harder these days than it was 5 or 10 years ago years. So a sport like golf, where you can place just a few quid on a bet, at a variety of outlets, and still win big… it’s another big plus-point for this sport.
This article by the Guardian newspaper in the UK highlights this issue.
“Bookmakers are urged to rethink closing down winning punters’ accounts.”
If only they would! But in the meantime, shrewdly wagering on under-the-radar sports like golf is a highly effective workaround.
And on the subject of Betfair…
One thing that’s specific to golf betting (on account of the fact that the average odds of tournament winner bets are much higher than in other sports)…
You’ll find much, much bigger comparative odds on Betfair – where, of course, you can bet anonymously and so by-pass any bookmaker restrictions.
As a general rule, you’ll be able to back golfers on the exchange at 15-20% bigger odds than you’ll find with conventional bookmakers. And this can make a massive difference to your overall Return on Investment (ROI).
Taking one example, last year Corey Conners was an outright winner for the Golf Insider advised at 175/1 with the fixed-odds firms. Well, the Canadian was on offer for this event (the Texas Open in America) at 271.0 on the exchange. An eye-watering 96 points bigger!!
So easy to back AND price-boosted odds. Golf again trumps other sports in terms of punter appeal.
Not got an account with Betfair? Click here now and get a FREE sign-up bonus
Layers provide lots of markets to play (and win on)
For some punters it can be a bit off-putting to look at a golf tournament and see anything up to 156 runners-and-riders go to post (although often there are less players involved).
But the good news is that despite the bookmakers having a generally weak grasp on assessing the players, and so pricing their markets – as I’ve talked about above – they’re still more than happy to offer a huge range of betting options to the public.
So besides the standard “outright winner” of a golf tournament…
Backers can go for the each-way option (usually 6-8 each-way places are on offer, and commonly 10 places at the year’s 4 golf Majors – the US Masters, PGA Championship, US Open and the Open Championship)…
Plus you can bet on golfers to finish in the Top 10, Top 20 and even the Top 40 of any given tournament. You can also find markets where odds are offered for a golfer simply to make the halfway cut.
This means despite a golf event usually having a large field – certainly when compared to the likes of horseracing – you can still back winners, frequently, as the layers give you a pretty big target to aim at.
As the Golf Insider says himself…
“Bookmakers are desperate for business, and in trying to attract punters they offer an ever-increasing number of markets… but with no additional, or expert, staff to trade these lists, the chances of mistakes (and big ones at that) are common. And no more so than with golf.”
Powerful words given that our golf betting expert has seen the industry first-hand during a long career in bookmaking, and has got to learn the dyed-in-the-wool weaknesses within the system… weaknesses that he (and you) can exploit for money.
High return on investments
Comparing golf to the two main UK sports for betting activity (horseracing and football)…
If you’re betting week-in, week-out on football then you’ll do mighty well to return more than 5%-10% on your cash. And a long-term ROI on soccer bets in excess of 10% is pretty much unheard of.
Racing is better. More volatile, yes, but a good yield tends to fall in the 10%-20% category. Broadly speaking. And this is a realistic rate of profit with the right horseracing information.
But when it comes to golf…
The latest figures I have for the Golf Insider show a 28.38% return on investment on his outright tournament bets since the service started in 2014. And that’s from over 2,000 level stake bets, advised over a 6 year period (by that I mean, a representative number of bets).
You want a high-yield investment… then compare this rate of return with anything you care to name, in the betting world or elsewhere, and you’ll struggle to find a better income generator.
[Out of interest, a recent check with Investopedia stated that the annual rate of return on the Stock Market was around 10% – almost ⅓ the size of the golf returns on offer each year]
So golf is a must-have in your money-making toolkit.
By the way, if you want to see a full list of results, drop a line to matthew@matthewwalton.co.uk
But what about the low strike rate?
Without doubt, the most common “complaint” I get about golf betting is the low strike rate… and why can’t it be higher.
Well, the simple answer is the bets on the Golf Insider service (those 2,000+ bets I just talked about, that have generated the 28.38% ROI quoted above)… these bets are advised at an average price of 80/1.
This means, again on average, you’d expect 1 in every 81 bets to win.
Now you can’t escape this. It’s determined by the laws of probability. It’s a mathematical fact.
But with this service, because of our golf expert’s keen eye, and his ground-breaking golf algorithm that assesses the market in microscopic detail, and finds real value opportunities… over these 2,000+ individual pieces of advice he’s managed to back a winner 1 in every 38 bets. Almost twice the expected rate. Which is why he makes such a good profit at golf betting (as do members of his service).
So even though the maths dictate that because we bet at such big odds we will ALWAYS have a low strike rate… if you stake sensibly, and remain patient, the Golf Insider’s proven strategy will create a long-term profit.
This remains my personal, biggest reminder to all members of the golf betting service. In fact, any service that I operate…
“Follow the advice. Remain patient. Stake sensibly. This is the only way to win long-term.”
And you will win. Because the experts that provide my syndicate bets, and in this case for golf, are proven long-term winners… so by simply following them, you cannot fail to win!
A great part of your portfolio
I’ve written about the subject of diversification (click here) in previous blog posts.
And what this tried-and-tested financial practice teaches us is the successful investor has a range of products and services in their portfolio, and ones which differ one to the next.
This makes their overall investment package more robust, and better able to generate a return, whichever individual stock, or interest, is doing well, or not so well, at any given time.
Ray Dalio, the billionaire US investor put it his way…
“The most important thing you can have is a good strategic mix. So what the investor needs to do is have a balanced, structured portfolio – a portfolio that does well in different environments… we don’t know when we’re going to win. We have to have diversified bets”
This is why golf, which offers a different approach to the sports markets when compared to horseracing or football, is such a good foil to those others areas of betting.
So if you want to take a leaf out of the books of the Wall Street experts and financial gurus who count their money in millions (if not billions) then spread your risk, widen your interest, and make sure golf betting is, and remains, part of your sports betting armoury.
Already a member of the Golf Insider?
Great! Keep to the advice, invest sensibly and with the long-term in mind, remember patience is key, and profit will come your way.
Not a Golf Insider member/winner already?
No problem. We can fix that in a matter of seconds… click here and get yourself signed-up (and winning) from today.
OPINION: I love betting on the horses, and winning football tips are great as well. But there is something about wagering money on golf bets, a certain “X-Factor”, that you don’t get with other sports. All the reasons I’ve listed above, and there’s several more I could add, make a water-tight case as to why golf betting is such a good addition to your armoury, why it must be a key part of your portfolio, when it comes to making money at betting. And in terms of odds, value and profits there isn’t a sport that can beat golf’s unrivalled cash-generating powers. So if you’re not betting on golf… get started, and quick!!
