Best Bookmakers For Golf

As the Number 1 independent resource for golf betting, we often get asked which are the best bookmakers for golf – particularly as The Masters approaches each year – and 2024 is no exception. It’s not as straightforward a question to answer as you might suppose though on the basis that we all use different tactics and types of bets, particularly with such a wide range of each-way place options available nowadays.

You can skip straight to the overall conclusion and comparison table here, however for those of you who want the detail here’s what we’ve measured to determine who comes out on top. Select any of the features from the list below to read more on that particular topic:

• Early Availability Of Odds
• Extended Each-Way Places
• Odds Boosts & Enhanced Prices
• Maximum Payouts
• Cash Out Options
• Integrated Shot Tracker

What’s clear to us here at Golf Betting System is that there are a number of online bookies who take golf betting very seriously, whilst others fail to provide any kind of golf angle that makes them attractive.

If you’re serious about your betting on golf then you’ll already know that to take full advantage of the prices and offers out there you’ll need to have accounts with a number of key bookmakers. That’s for two reasons primarily: firstly, odds can vary massively from one bookmaker to another – it’s not unusual to see a player at 50/1 with one firm and 80/1 or more with another; secondly, and of equal importance, each way terms can differ massively from one player to another and these can and should influence who you choose to place your bets with.

Golf Betting System takes you through the key aspects of today’s golf betting environment and we highlight the best bookmakers that will give you the very best golf betting portfolio.

Golf betting markets are always established on a Monday for DP World/PGA Tour tournaments, which on the main Tours start on a Thursday. The quickest bookies have their markets up on a Monday morning, so for punters who are prepared and know their player selections early, the very best odds are generally available at this point.

Star Recommendation – bet365
✅ Renowned for having their golf prices up early every Monday morning
✅ Best-value player prices available for early bird punters
✅ 8, 10 and 12 place each way markets available via their ‘Each Way Extra’ product on every full-field PGA & DP World Tour tournament

bet365 tend to offer the opening line when it comes to golf betting on a Monday. Fast to market, they price up both the DP World Tour and PGA Tour events before their competitors the vast majority of weeks, giving switched-on golf punters a huge opportunity to back their selections at the very best early-bird Monday prices.

Early Bird + Best Market Odds Alternative – Betfred
✅ Have built a reputation for market-leading prices available on Monday afternoon
✅ Until their odds are published, you don’t know if you have the best odds available
✅ Win Only, 5 Places (1/4 odds), 7 and 8 places (1/5 odds) plus 10 places (1/8 odds) each way markets all available

Another Monday ploy that we actively encourage is to wait for Betfred to open their markets. Canny golf punters often wait until later on a Monday afternoon when Betfred establish their prices. Betfred have golf odds compilers who are prepared to build their markets based upon their own views rather than copying others, so you often find outstanding odds if you’re patient, in tandem with additional each-way places. Fact is, you really don’t know if you have the very best odds on a player until Betfred open their markets across both PGA and DP World Tours.

If you don’t have an active Betfred account then you’re in luck, as Golf Betting System have access to a boosted new customer offer – better than signing-up directly:

With fields of up to 156 players, each-way betting is hugely popular in golf. Industry standard is 1/4 odds for players who finish in the top 5, but you can often choose to extend the number of places, with plenty of bookmakers offering additional places each week.

The 4 Major Championships now see a whole host of bookmakers going up to 11 or even 12 places each-way. Weekly PGA Tour tournaments have seen a recent revolution in the number of places available, with the likes of Coral and Ladbrokes offering 8 or 10 places each-way at 1/5 odds week-in and week-out on full-field tournaments. Boylesports take a middle ground, offering 8 places each-way on both PGA and DP World Tour full-field events on their Outright Market, whilst also providing 10 and 12 place markets if you choose to take reduced odds.

Golf Betting System – Best Each Way Bookmaker Terms for Golf

We keep a tracker of the total amount of each-way places offered across the year from a golf betting perspective which you can read here. It’s factual, independent research , which highlights a number of key bookmakers who give away the very best value consistently.

Star Recommendation – Coral
✅ For the first time in their history, 2023 saw Coral leading the way for additional each-way places across their default betting markets, convincingly beating the likes of Paddy Power and Skybet.
✅ Coral offer a market beating default 10 places each-way at 1/5 odds on full field PGA Tour events, every single week.
✅ 10 places each-way at all 2023 Major Championships
✅ First bookmaker to offer 10 places each-way at the Majors, something that they have done ever since the 2017 PGA Championship.

Coral are now the best in the golf market for additional each-way places across their Outright Markets. Not only that, but the beauty with Coral is their consistency of offer. Week-in, week-out they offer market-best 10 places each-way at 1/5 odds on full field PGA Tour events combined with offering 8 places each-way at 1/5 odds on premium DP World Tour events. Plus 10 places each-way at 1/5 odds terms at the 4 Major Championships has now been delivered for Coral customers going all the way back to 2017. Amazing value.

New customers via Golf Betting System receive a Bet £/€5 Get £/€20 of free bets sportsbook account opening offer. You receive 4 x £5 or €5 free bet tokens. 18+, T&Cs apply – see below:

Key Account 1 – Boylesports
✅ Regularly extending full-field PGA Tour events on their Main Outright market to 8 places each-way
✅ ‘Pick Your Place’ promotion where you choose between 6, 10 or 12 places each way
✅ Offered up to 12 places each-way 1/5 odds at all 4 Majors in 2023

We have recommended Boylesports here at Golf Betting System since 2020, purely on the basis that their each-way betting proposition on golf is very hard to beat. On their full-field PGA & DP World Tour Main Outright markets, they are now offering 8 places each way on both Tours most weeks. But the value doesn’t end there as Boylesports punters can choose from a menu of each way place options via their ‘Pick Your Place’ promotion, where you can choose whether you want to receive 6, 10 or even 12 places each way, all at 1/5 odds place terms.

If you haven’t already got a Boylesports account then new England, Scotland and Wales based customers, 18+, signing-up via Golf Betting System, can access a £25 Free Bet Bundle, Sign-up Offer. There is also a generous specific Republic of Ireland and Northern Ireland offer – see below:

Alternative Each-Way Market Options

One of the drawbacks historically with bet365 was their rigid stance to each way places, with 5 places 1/4 odds the norm outside of Major Championships, whereas other bookmakers would offer 7, 8 or even 10 places each way on regular events. This is all changed in the middle of 2022 with their introduction of ‘Each Way Extra’ which has transformed their proposition to golf punters.

Get up to 12 places each way on golf with bet365’s ‘Each Way Extra’ promotion on golf.

bet365 have recently launched their innovative ‘Each Way Extra’ promotion on golf, following on from its success on horse racing over the past few years.

• bet365 Golf Each Way Extra – Up to 12 places for Each Way Golf bets on selected tournaments. Each Way Extra gives you the option to increase or decrease the number of places when you are betting pre-event on the To Win Outright market on selected Golf events – add places on to your Each Way Golf bets for extra security at lower odds, or increase the price by removing places. Bet restrictions apply. For further details of how Each Way Extra works on golf click here.

The number of Each Way Extra places offered on an event can be viewed on the Each Way Extra coupon or on the bet slip as per the example below:

Odds above used for illustrative purposes and were correct at 12:00BST 24.7.23, but are naturally subject to fluctuation.

To access the different options and odds, simply select the ‘Each Way Extra’ market from the selected golf coupon to see the additional place terms that are available on your chosen event before the first group tees off. Once you’ve selected a price and the corresponding number of places from the Each Way Extra coupon, it will then appear on your bet slip.

If you don’t have a bet365 sports account then customers who sign up with bet365 via Golf Betting System receive their up to £30 in free bets account opening offer using bonus code SPORT30:

This concept of offering alternative each-way markets to allow punters to make their own choice has since been adopted by both Boylesports and Betfred, should any more bookmakers follow suit then we’ll list them here.

Price Boosts are another weapon that can be used profitably by golf punters. Introduced back in 2017 by a number of bookmakers, they have undoubtedly proven to be a great success with punters liking the enhanced odds they can pick up. Boosting a player of your choice from say 28/1 to 33/1 is never a bad situation and it’s available with Ladbrokes right now.

Key Account – Ladbrokes
✅ Daily ‘Odds Boost’ available to use on your golf bets to enhance the advertised odds
✅ Ladbrokes, like Coral, offer a market-beating 8-10 places each-way at 1/5 odds on full field PGA Tour events, every single week.
✅ Early Outright Markets with additional each way places are available each week on the PGA Tour and DP World Tour

Ladbrokes, via their ‘Odds Boost’ bet slip facility, allow you to be adventurous when it comes to golf prices and that’s something that can be turned to your advantage. Recent examples include 40/1 growing to 45/1, 80/1 growing to 100/1 and 100/1 growing to 120/1. Where these boosts can also be tactically used is for perennially short-priced players such as Rory McIlroy, Scottie Scheffler and Viktor Hovland, where you back them with a boosted price you won’t find anywhere else.

Not only do you get the ‘Odds Boost’, but 2023 saw Ladbrokes match sister site Coral by offering a host of extended additional each-way places week-in, week-out across the PGA Tour, DP World Tour & Major Championships.

Not to be outdone, bet365 have also introduced a series of bet boosts that punters can choose from the main ‘coupons’ page in the golf section of their website and app.

Although not as flexible as Ladbrokes given that the boosts are predetermined, they can and often are equally as generous, if not more so. The example below is from the 2023 Mauritius Open, odds correct at 12:00GMT 13.12.23:

One area that’s all too often ignored when thinking about the best bookmaker for golf is their maximum payout ceilings. The reason that this matters is that each bookmaker sets their own daily limit by sport above which they won’t pay out any winnings, and these limits can and do vary massively between bookmakers and between sports.

Where this becomes relevant for golf is not so much on single bets but with doubles, trebles and other accumulators and perms across multiple tournaments. The most common multiple will be an each-way double on the week’s PGA Tour and DP World Tour events, be that outright or first round leader markets, but whichever way you don’t want to find your winnings capped because of the small print in the T&Cs simply because you placed your bet with the wrong bookmaker.

Here’s how our key bookmakers compare in terms of their maximum payouts on golf:

For further details on golf maximum payouts read this excellent guide.

The simplest way to explain Cash Out for golf betting is that it allows you to effectively end the tournament from your own betting perspective as and when you choose, taking the bookmaker’s offer for how much they think your bet is ‘worth’ at that point in time.

Perhaps you’ve backed Jordan Smith or Patrick Cantlay and they’ve raced into a healthy lead for the umpteenth time, however you’re more than aware of their history of failing to convert strong positions – perhaps that’s a good time to consider taking the money and running.

Bookmakers who offer Cash Out on golf will make you an offer based on the current likelihood of your player winning (using their current odds) combined with how much you stand to win if you let the bet ride. So if your player is odds-on to win the tournament at the point you check your Cash Out offer then you’ll be offered far more than if he’s still 10/1.

The other consideration with all of this is that the bookmakers build a profit margin into the offer so it’s not an exact reflection of the value of your bet, more of a tempter than an exact calculation of what it’s truly worth. Think ‘Deal or No Deal’ and the banker trying to get you out of the chair with a reasonable, if not overly generous, offer.

The other point to note is that each-way betting makes the calculation more complicated, especially at the business end of events when your player may be more or less guaranteed a place, but whether he actually wins or not is another matter. To this end, some bookmakers will only offer cash out on win-only golf bets.

The latest list of bookmakers offering Cash Out on golf as one of their features is as follows:

For more details on cash out on golf, read this comprehensive guide.

At the time of writing, 4 bookmakers have integrated the DP World Tour shot tracker into their in-play golf offering, namely Boylesports, bet365, Ladbrokes and Coral. This completes the circle in terms of punters being able to track players’ progress and bet on them in-play, without having to leave the app or website.

Boylesports undoubtedly lead the way at present with their integrated Shot Tracker, combined with their impressive suite of in-play features.

2D and 3D shot trails are available, plus text-only options in both groups and for the leaderboard as whole. Shots are updated one shot at a time, rather than at the end of the hole, so you can keep fully up to date on your chosen players.

Coupled with the Shot-Tracker, Boylesports also have live golf streaming from selected holes that can also be accessed by members:

As part of a massive revamp of their golf product offering recently, Boylesports launched a series of innovative and market-leading features that makes them a true destination for golf punters and a one-stop shop when it comes to golf betting. You can find out more about these features and the other bookmakers who offer Shot Tracker functionality here.

For completeness we should also mention bookmaker apps, in-play betting and breadth of markets before concluding.

Over time, all of our featured bookmakers have integrated their golf betting proposition, promotions and features into their mobile betting apps, so in that respect there’s little to be said. Some punters find particular apps easier to use than others of course, however that can be subjective so let’s stick to the facts.

In-play betting is also a common feature across all featured bookmakers nowadays, and the breadth of markets – whilst it does vary – is typically pretty extensive with all of the bookies that we’ve compared.

Conclusion

Let’s cut to the chase here, bet365 are undoubtedly the best bookmaker for golf. You could argue that some bookmakers have marginally better elements in isolation, but for an overall package all golf punters should have a bet365 account in their armoury.

If you haven’t already got a bet365 account then click here to get started.

Below you’ll find a table of the features discussed on this page with bookmakers ranked overall based on their offering as a whole:

For the latest new customer free bet offers and promotions for these bookmakers, read this comprehensive summary.

This is our view of the best bookmakers for golf betting, however don’t just take our word for it – if you’d like to read reviews on all of the main bookmakers from dozens of regular golf punters then read our golf bookmaker reviews here.

For more golf-related content from around the web read our best golf betting sites article.

Paul Williams is one of our editorial team and he focuses mainly on the DP World Tour. Paul has been involved in the gambling industry for 14 years and has a passion for golf as well as football and horse racing, where he has developed a deep understanding of both online and offline betting gathered through practical experience. Paul also contributes weekly to the Golf Betting System podcast.

You can find out more about Paul’s involvement with Golf Betting System here.