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Pre-Tournament Golf Betting
by Mike Boozer
Years ago, referring to betting golf, my colleague would say
"Boozer, there's gold in them there hills." And years ago he was
correct, betting golf had a gold rush flavor, it wasn't if we
won, it was how much?
Unfortunately, the current landscape of pre-tournament wagering
has gone from a boom town into a ghost town.
This week I had an epiphany. It became ever so clear, that the
profit potential when betting golf before the event is nothing
more than a dried up oil well. Fortunately, most books have
upgraded betting menus that now include the LPGA, Champions, and
European Tour. Moreover, some progressive books offer round by
round and revised price options. So, below are two reasons why
in today's betting climate it's best to start investing after
the first round and wager in the world of revised odds.
1. Vegas Odds makers are better match makers.
While watching the emotional humiliation of the Ryder Cup it
became crystal clear as to the betting angle I'd employ for this
week's AMEX Championship in London England. I was going to look
for 2 man tournament match ups with an emotional mismatch. For
example, any American golfer vs. a European golfer would be
under investigation. Like last week's article I was going to
continue to ride the Euros wave of momentum. Guess what? Don
Best, a sports service and the bible to most North American
sports books, didn't have a single match up involving an
American vs. European. I was SHOCKED! Not only did they cancel
my date with "MO MONEY," it proved they have someone very
competent managing the golf department.
2. Pre-tournament misinformation.
Accurately handicapping the tournament course, now more than
ever, determines the punter's success or failure. During the
gold rush an incompetent Vegas odds maker would give the key to
the vault by mismatching players' strengths and weaknesses. For
example, after handicapping a course that requires accuracy,
Vegas would mistakenly match an accurate player against a
stronger longer player. The mismatch was so bad that the need
for detailed course information was less a priority.
Unfortunately, those days are gone. Hence, there is a greater
need for detailed information on course conditions. And unless
you are at the site it's to risky. Thus, watching the 1st round
can potentially answer vital questions that tilt the betting
edge towards a consciences punter.
Handicapping golf is ever evolving and in the last 3 years the
North American wagering landscape has changed exponentially. As
little as four years ago North American sports books offered
nothing more than bad Las Vegas PGATOUR outright odds, and 72
hole 2 man match ups.
With the enemy (Vegas Odds Makers) improving it's game; golf
betting is a game of cat-and-mouse. So, if you seem to be losing
bets before the tournament, consider waiting and finding an edge
during the tournament.
Revised prices give us players more time to pan for gold.
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