When golf betting over the Internet, a sports bettor must select an online sports book at which to place their wagers. Naturally, the golf bettor will need to establish an online betting account at their sports betting site of choice. When opening a new sports betting account, a bettor needs to provide personal details like their name and contact information.
Additionally, the bettor will need to fund their account via means that is accepted by the sports betting site. Most sports betting sites allow deposit by way of bank wire, Western Union, and credit cards with MasterCard and Visa logos. Additionally, e-wallets like NETeller are often acceptable means by which to fund online sports betting accounts. Most sports betting sites provide deposit bonuses on top of the money deposited, which allows the bettor to be ahead right out of the gate.
When betting on golf over the internet, the betting line is usually expressed by way of the money line. When betting a golf match, the line is often stated via a pairing. The pairing either is an actual pair on the course or is a fictitious pairing. The line for a PGA pairing like such as the PGA Masters might look like the following sample line:
Phil Mickelson -120
Davis Love III -110
In this sample line for the PGA Masters, Phil Mickelson is paired against Davis Love III. The outcome of the bet can be decided at the end of the round or the end of the event, depending on whether the wager is on the actual round of golf or the entire event. Assuming the wager is on the final round, if Mickelson finishes higher than Love, then the bettors wagering on Mickelson to win the pairing are paid. If Love finishes higher at the end of the final round, then those who have placed money on Love to win are paid.
When betting on Mickelson to win the pairing, you will notice his golf odds money line is listed at -120. This means that player will win $100 for every $120 they wager if their side of the bet wins. On the flip side, for those betting on Davis Love III to win, a bettor would win $100 for every $110 they wager if he comes out victorious in the pairing. It stands to reason that Mickelson is the slight favorite in this pairing to win the match up between he and Love at the Masters.