Welcome to a comprehensive guide on each-way betting in golf. This is aimed at people who currently bet on golf, and people who want to start betting on golf but don’t know how to begin. Each-way betting is an alternate way of betting and we will detail that in the guide.
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Are you struggling to understand how to do each-way betting and want to know how? Seen your mate using each-way betting and looking for more information? Want to start betting on golf but don’t know the ins and outs? You’ve come to the right place, this comprehensive guide will answer all those questions and much more.
Firstly, why bet on golf? It can add some excitement and entertainment to your viewing experience if you are rooting for a specific player to win. There are significant payout opportunities, and we will explore these in the comprehensive guide. Golf offers a wide range of betting markets beyond simply wagering on the tournament winner. You can win on golf with in-depth analysis and research as there is an abundance of data available, and this isn’t just the player themselves. Course condition is one specific aspect that we will discuss in detail.
You may be currently betting on the outright winner in golf, and being unsuccessful. To solve this issue, one popular betting option in golf is each-way betting, a strategy that allows bettors to hedge their bets and potentially increase their chances of winning. In this comprehensive guide, we will delve into the intricacies of each-way betting in golf, including its rules, odds, how to place such a bet, strategies to consider, and answers to frequently asked questions.
Let’s get into it.
What is Each-Way Betting in Golf?
Each-way betting is a type of wager that combines both a winning bet and a place bet. In short, each-way betting involves betting on a player to win both the tournament and finish in a specific position of choice. Typically, these positions are in the top four or five, but the betting site can change these at their discretion. So, if the player wins the tournament, both the win bet and the place bet will be paid out. If the player finishes in one of the specified places but doesn’t win, the bet will still result in a payout, just at a fraction of the original odds.
Here is an extremely easy-to-understand example of how an each-way bet works, using the 2023 RBC Canadian Open. Note: This is without ties, but they are very common in golf so the payout may change.
Matthew Fitzpatrick + Place
Odds
Stake
Payout
1
1/4
€5.83
€59.02
2
1/4
€5.83
€15.31
3
1/4
€5.83
€15.31
4
1/4
€5.83
€15.31
5
1/4
€5.83
€15.31
Each-Way Golf Betting Odds
Sometimes, it can be difficult to calculate the each-way earnings. Generally, though, the odds for the win portion of the bet are higher than the odds for the place portion, but value can be found in betting on each-way. For example, Matthew Fitzpatrick has 13/2 odds to win the Canadian Open, the place odds are 1/4 of those odds, which is equivalent to 13/8. It is important to note that these odds can differ from one bookie to another. You should compare odds for the best value around the bookies before placing your bet.
How to Place an Each-Way Golf Bet
Placing an each way golf bet is a relatively straightforward process. Here is a step-by-step guide on how to do it:
Choose a reputable bookmaker: Look around different golf betting sites, and find the best value. You need to make sure they offer each-way betting on golf, and some pointers to a trusted bookmaker are competitive odds and a user-friendly interface. They may have a mobile app, too. However, most of the time you can bet online on their website. Take a look at our guide to find the best golf betting site, to ensure you choose the right one for you.
Select the golf tournament: After finding your betting site and having logged in and deposited money, now it’s time to go to the golf section of the website or app and navigate to the tournament of your choice. There are golf tournaments all year round, but major tournaments include The Masters, U.S. Open, or The Open Championship and there are more likely to be each-way betting available on the major tournaments rather than smaller tournaments. However, there may be each-way betting available for the tournament you want, even if it is smaller.
Find the each-way market: Once you’re in the tournament, now it’s time to find the each-way market. Usually, it is within the ‘Outright’ section, select the winner and in your bet slip it should give you the option to click on a button such as ‘EW’ or ‘each-way’. If not, it may be its section in the ‘Outright’ market. More on that next.
Choose your player(s): If the each-way market is in its section of the market, then you’d have to review the list of participating players and look at all the information: their recent form, and course history. You want to make sure you understand the conditions of the each-way too, for example, what the odds are and how many places it’s offering. Select one or more players whom you believe have a good chance of performing well in the tournament.
Place your bet: The bet should show up on your bet slip, and the final step is to enter the amount you wish to stake. Double-check your selection(s) and then confirm your bet. You have successfully placed an each-way bet now!
Step
Process
Outcome
1
Reputable bookmaker
Find the best bookmaker for you.
2
Select the tournament
Find the tournament you want to bet on.
3
Find the each-way market
Navigate to the each-way market.
4
Choose your selections
Pick your selections (the next heading is strategies so you may want to wait out for that).
5
Place the bet
Stake how much you want and place the bet!
Strategies for Each-Way Betting in Golf
If you need some extra help on specific strategies for each-way betting in golf, let’s roll through some. This is to enhance your chances of success, so you may want to consider implementing some of the following strategies:
Focus on players with high odds: Players with favourable odds have these odds because they are more likely to win. While the odds for the place portion will be lower, a successful win bet will boost your overall returns. They don’t have to be favourites, though. They could be minor outsiders, but in the top five, at least.
Analyse course suitability: Golf isn’t just testing players on how well they can play, but courses offer their different challenges. Different players excel in certain types of courses. Evaluate the course layout, conditions, and historical performances of players on similar courses to identify those who have a higher likelihood of success.
Research recent form: Form is a real thing in every sport. How the player is feeling ahead of the event does play into their performance, and it’s important to review players’ recent performances to gauge their current form and confidence levels. Players who have been performing well in recent tournaments are more likely to maintain their momentum and contend for top positions.
Consider each-way doubles: We haven’t discussed this yet in the guide, so here goes. Each-way doubles involve selecting two players, each with their each-way bet, and combining them to create a single bet. This strategy can increase potential returns if both players perform well, and you can use all the course analysis and form to create this each-way double. It’s riskier, but if it pays off then your winnings will be significantly higher.
Manage your budget: You don’t want to be going crazy too quickly. It’s important to take a step back sometimes, realise the course or average form isn’t great for a specific tournament, and realise that you probably shouldn’t place a bet for this course. Managing a budget and picking on the real value is key to being a successful bettor.
Strategy
Process
Outcome
1
Players with high odds
They are more likely to win.
2
Analyse the course
Your player may be better or worse on the course.
3
Look at the recent form
Confidence is real, especially in golf.
4
Each-way doubles?
Selecting two players can increase potential returns.
5
Budgeting
Don’t bet if you aren’t confident after completing the first four steps.
Summary of each way betting in golf
That’s it for the comprehensive guide on each-way betting in golf. It provides an intriguing option for bettors seeking to enhance their chances of winning. It combines a winning bet and a place bet and allows for potential payouts even if your selected player does not win but finishes in one of the specified places as per the betting site. By understanding the rules, considering different strategies, and doing thorough research, you can make informed decisions on each-way betting in golf and achieve success if done right.
If you are just starting with golf betting, the each-way market could be a way for you to start with a plus and have curated some research. We’d recommend starting out using single each-way betting, just going for one competitor on the each-way market.
If you are an experienced golf bettor looking for different selections than just outright winners, the each-way market could be a good way to use your experience to create even more value. The double two-way market, if done right with vigorous research and planning, could create insane value and you could be very successful with each-way betting.
Each-way betting allows you to bet on a player and win in case they don’t finish outside of the number of places paid. You can win in golf, even if your player doesn’t win! Try this market and see how you get on. It’s not easy, but will certainly give you a better chance.
Frequently Asked Questions on Each-Way Golf Betting
You may have some questions on the comprehensive guide, and here are some frequently asked questions (FAQs) on each-way golf betting, which may answer the question you have. Here goes:
What happens if my player ties in for a place?
Ties are prevalent in golf betting. So, bookmakers account for this, and if your player finishes in a position that results in a tie, the bookmaker will usually pay out the full place odds on the entire stake. Double-check with the bookmaker on this, though.
Are there any restrictions on each-way betting in golf?
Yes, there may be some specific restrictions, these can be the number of places paid (the example earlier in the article said that the top five positions were played). Always check the bookmaker’s terms and conditions for each competition as it can vary per each competition. For what it’s worth, though, there aren’t many restrictions on each-way betting in golf.
Can I cash out my each-way bet before the tournament ends?
It depends on the bookmaker. Some offer cash-out options for each-way bets, and cash-out allows you to settle the bet before it ends and the bookmaker will offer you a portion of the overall winnings. This depends on how the participant performs in-play, and cash-out winnings fluctuate when the competition is ongoing. If the participant is performing below expectations, the cash-out value may be lower than the original stake. Each bookmaker will state if it is offering cash-out options or not, always check before placing the bet.
Is each-way betting only available for the outright winner?
No, each-way betting can also be available for other markets within a golf tournament, such as top five, top 10, or even top 20 finishes. Most commonly it is available for the top five, but this can change. It isn’t only available for the outright winner, and that’s what makes it an interesting and different way of betting on golf.