Betting on golf is hugely underrated by a lot of punters, which I believe comes from a lack of understanding of the many subtleties to this brilliant betting sport.

The first thing that makes golf a great sport for betting on is the fact it is played all over the world and there are games being played almost the entire year. The European tour currently runs from January to November and takes in countries from all over the world including South Africa, India and Australia.

The second great thing about golf is that almost every major event is televised. The European and PGA tours are very well covered. One thing to watch out for is the so called ‘live’ feed, especially that which comes from America, as these can be delayed by up to a few minutes which could obviously have serious implications for the in-play markets.

The main types of market

The most popular market is, as you might have guessed, the winner market, which is generally posted on Betfair the weekend before a given tournament begins.

There are also several other markets including Top 5 finish, Top 10 finish, Victory margin and the First round leader market. You can also take a punt on all the three and/or two balls markets.

There are more markets available with the majors and WGC events, the most popular of these is the Top Nationality market where you can bet on the top player of each or any nationality. You can also bet on one player to finish above another over the course of the tournament.

You have the choice of whether to back players or lay them. Backing a player means you are predicting they will win. Laying them is slightly more complex as you are predicting a player will lose, then offering odds on an exchange to other punters who think that player will win. It’s much more common to back a player as this is less complicated, however it can be profitable if you back some and lay others.

It’s a good idea to do a bit of research before you make any bet on any sporting event and golf is no different. Things to look out for include the type of course the players are used to and play well on compared to the actual course they are playing on.

Knowing the players strengths and weaknesses will help too. Also, I often look at the weather forecast as some players play better in poor visibility or extreme heat.

There are plenty of stats (some might say too many) and it can be hard to know what to concentrate on. Driving accuracy is a good place to start, driving distance is also very useful to know. You can find some good, easy to use player stats on the PGA site.