How to Make a Futures Golf Bet at a Sportsbook
With the PGA Tour at the peak of its season, the start of the new LIV Golf Tour and the legalization of sports betting, the game of golf has given sports bettors worldwide ways to get in on the action.
Below we walk you through making a Futures bet for any golf tournament.
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What is a Futures Bet
A futures bet is any wager placed on a sporting event or event that will take place in the future. Futures bets are offered in all major sports like NFL, MLB, NBA, Golf, and even political events like the Presidential Elections.
Popular future bets include betting the Super Bowl or World Series winners before their respective season begins. This allows you to lock in those odds despite the odds changing as the season plays out. This could play in your favor or against you, depending on how well that team is playing.
How To Make A Futures Golf Bet
When looking to place a Futures Golf bet, you must learn how to read the lines or odds. Future odds are read in list form, starting with the best odds (or the favorite) down to the worst.
For example, some of the future odds for the 2023 Masters are below.
(Odds courtesy of FanDuel)
- Jon Rahm +1100
- Justin Thomas +1200
- Scottie Scheffler +1300
- Cameron Smith +1300
- Dustin Johnson +1300
- Rory McIlroy +1300
- Brooks Koepka +1500
- Will Zalatoris +1700
- Collin Morikawa +1900
- Patrick Cantlay +2400
As a $100 bettor, if you were confident that Justin Thomas would win the 2023 Masters, you would place a futures bet locking in those +1200 odds. If Thoms did end up winning The Masters, you win $1200.
If you wanted to take an underdog and place $100 on Patrick Cantlay at +2400, your potential payout would jump to $2,400.
Placing future bets comes along with pros and cons. The pros are that you locked in the odds when placing your bet. Say Thomas gets on a hot streak and wins two of three tournaments leading up to the Masters; his odds change to +900. However, your wager still holds the +1200 you placed earlier.
The cons are that you have a lot of money tied up for a long time. But, if you guess right on your futures, then the payout is well worth the wait.
Listed below are odds to win The Open.
(Odds courtesy of FanDuel)
- Rory McIlroy +800
- Jon Rahm +1200
- Scottie Scheffler +1200
- Justin Thomas +1400
- Jordan Spieth +1600
- Collin Morikawa +1600
- Matthew Fitzpatrick +1800
- Cameron Smith +2000
- Shane Lowry +2000
- Will Zalatoris +2200
- Zander Schauffele +2200
- Dustin Johnson +2700
- Viktor Hovland +2700
- Patrick Cantlay +2700
- Hideki Matsuyama +2900
- Tyrell Hatton +3300
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Whether you’re new to sports betting or a betting pro, our How To Bet and Sports Betting Strategy and Advice pages are for you. You can get started with our 101 section - including How to Bet on Sports - or head to more advanced strategy - like 10 Tips to Become a Sharper Sports Bettor - to learn more.