The PGA Championship is one of golf’s four annual major tournaments. What sets it apart from other tournaments is that it was originally intended to be a high-profile event when people looked down on the sport of golf. As golf became more respected, one thing hasn’t changed: the PGA Championship is as prestigious as ever. Only golf’s best players and recent champions are invited to the event, which highlights its prestige.
Keeping that in mind, wagering on the PGA Championship is extremely popular among sports bettors. The next tournament is coming up next month and Dustin Johnson and Jon Rahm are the co-favorites to win at +1100 odds, according to BetOnline.
If you’d like to get in on the betting action too, continue reading because this guide has everything you need to know about betting on the PGA Championship.
2021 PGA Championship Betting at Bovada
When it comes to sportsbooks, not many are more well-known than Bovada. The sportsbook book offers a variety of golf-related markets, including a bunch that have to do with the PGA Championship. Whether it’s betting on the winner of the tournament or individual matchups, Bovada will have your needs covered.
If you’ve never used Bovada, you’re in luck because there are several promotions that you can take advantage of! A welcome bonus will match 50% of your first deposit up to $250, giving you a bit of a head start. If you prefer using cryptocurrencies, that’s okay too. A Bitcoin welcome bonus will match 75% of your initial deposit up to $750!
2021 PGA Championship Betting at Sportsbetting.ag
Sportsbetting.ag is another easy-to-navigate sportsbook that offers a wide array of markets and odds. They have the usual PGA Championship-related markets, including futures, props and head-to-head matchups. If you can imagine any type of golf market, chances are that Sportsbetting.ag will have it.
Sportsbetting.ag is very welcoming to new users. They also have a sports welcome bonus, however, theirs matches 50% of your first deposit up to $1,000. They also have a popular sports reload bonus that you can use any time you make a deposit of at least $50. Sportsbetting.ag will then match your deposit up to $250. They also offer a variety of cryptocurrency bonuses, meaning that you’ll be covered no matter what currency you prefer.
2021 PGA Championship Betting at BetOnline
Right away, you’ll probably notice that BetOnline looks a lot like Sportsbetting.ag, give or take a few differences. That’s not a bad thing because it means it’s user-friendly and you should have no problem navigating it in no time. They also offer PGA Championship odds, among other golf markets.
BetOnline has a variety of promotions that you can take advantage of as well. They have the same sports welcome and reload bonuses as Sportsbetting.ag. They have a 1st-time crypto bonus that’ll match 100% of your first cryptocurrency deposit. If that gets you excited, you’ll also love BetOnline’s crypto reload bonus that’ll match 35% on all your crypto deposits.
How to Bet on the 2021 PGA Championship
Once you’ve figured out which sportsbook you want to sign up for, you can start deciding which market you want to wager on. Keeping that in mind, you may run into some market-related terms that are new to you. So, here’s a rundown on some of the popular markets you’ll run into:
- Moneyline: When you have to choose the winner in a head-to-head matchup.
- Spread: In a head-to-head matchup, one golfer will be favored to win by a certain number of strokes. You then choose whether or not they’ll be able to do that.
- Futures: Placing a bet on the winner of a tournament days, weeks or months in advance.
- Props: A prop bet can be more unique than the above markets. It might have something to do with predicting the nationality of the 2021 PGA Championship winner to guessing how many holes in one there’ll be over the weekend.
- Live betting: Live betting typically involves the same markets that you can find beforehand, except you’ll wager on them during the event rather than before.
All markets have odds that indicate how much you can win. If the odds have a positive sign (+) beside them, that’s how much you can win if you bet $100. (Ex. A $100 bet at +500 odds will net you $500 if you’re right. On the other hand, if the odds have a negative sign (-), that’s how much you need to bet to win $100 (Ex. If the odds are at -400, you need to bet $400 to win $100).
2021 PGA Championship Betting Strategy
As simple as sports betting seems, it’s a bit more difficult when you start getting into it. No matter how good the odds are and you think there’s no way you can lose, nothing is guaranteed in sports betting. Research is necessary for success. Even people who have been betting on sports for decades will do research before putting their money down. Spending a handful of minutes looking at past trends or statistics can help you win big while avoiding a major financial loss.
Speaking of finances, it’s also good to have a strategy as to how much money you’re going to spend betting on the 2021 PGA Championship. If it’s your first time, you may want to start small with a $50 to $100 limit. Once you start getting the hang of it, go ahead and up your limit. Regardless of how fun sports betting can be, being financially responsible should always come first.
Frequently Asked Questions
Are there limits to how much I can wager on the 2021 PGA Championship?
Most sportsbooks do have limits on how much you can wager on specific sports. For example, BetOnline has a $5,000 limit on spread bets and a $10,000 limit for moneyline wagers when it comes to major PGA tournaments.
Can I bet on other golf events aside from the PGA Championship?
Yes! BetOnline offers markets for every event on the PGA Tour, including majors and other tournaments. There are also non-PGA golf events that you can wager on too.
Will the PGA Championship odds change between now and when the tournament begins?
As with all future odds, you should expect changes leading up to the PGA Championship. Odds can be affected by injuries, recent play and other things in between. Always check with your sportsbook for the latest odds.