Due to the pandemic, the PGA will play The Masters Tournament this week. The annual major tourney takes place at Augusta National in Georgia. Sports bettors, including your players, will want to back their favorite golfers to win the green jacket. Check out a look at the top PGA Masters betting choices as well as how you can manage your sportsbook around those choices.
Like every sports league in the United States, the Professional Golf Association took a breather after early March. Before the hiatus, the PGA’s final tournament was the Arnold Palmer Invitational from March 5 through March 8.
After the Arnold Palmer, the world’s top golfers didn’t pick up the sticks until The Match: Champions for Charity on May 24.
During the break, golf canceled three of the most important tournaments of the year, The Players Championship, the WGC-Dell Technologies Match Play, and the AT&T Byron Nelson. The PGA didn’t cancel The Masters’ Tournament, though.
Every year, golfers head to Augusta in early April to play in The Masters, the first major tournament of the year. Instead of canceling, the PGA reworked their primary schedule. Even though a major tournament, The Open Championship, did fall off the list, Collin Morikawa won the PGA Championship in August, and Bryson DeChambeau won the U.S. Open in September.
This week the Professional Golf Association puts a final stamp on 2020. For pph sportsbook agents, odds on The Masters are among the few golf tournaments that attract wagers. Check out more information on the golfers offering the lowest odds and how you should manage golf betting on the massive final tourney of the year.
Tiger, DeChambeau, Rahm, and Rory will be the top choices
Most golf analysts consider Tiger Woods to be the greatest golfer of all time, even though he has yet to catch Jack Nicklaus for the most major tournament wins in history. Tiger offers excellent odds to win The Masters, making him a prime candidate for your players to overbet in your book.
But even though players love to use free betting software to back Tiger, the greatest of all time is in terrible form. In the 2020-2021 PGA Season, Woods has played six rounds and earned $13,600 in two tournaments. That’s what happens when you miss the cut in one of two tournaments.
Tiger also bombed at both the PGA Championship and the U.S. Open. In both tournaments, Woods finished 37th at the PGA. The missed cut happened at the U.S. Open. Because he’s in bad form, if you’re an American bookie, you’re in a dilemma. Even though Tiger is an underlay, Woods excels at Augusta. He’s won five green jackets, the apparel awarded to The Masters’ winner, including taking home the title in 2019.
Tiger isn’t the only golfer your players will back. Jon Rahm, U.S. Open winner Bryson DeChambeau, and perennial favorite Rory McIlroy will all grab golf betting attention.
Set max betting and max payout limits on all The Masters’ participants
When it comes to sports championship bookmakers are familiar with, like the Super Bowl, it makes sense to allow money on non-contenders to stand. Nobody believes the New York Jets will win the Super Bowl. So what if D.C. offers odds of +150000? If someone wants to take a shot, it makes sense to let them.
Golf is a different sport than most anything else, though. Each golf tournament is a chance for a championship in itself. Not only that, but golfers that dominate in one tournament fail to dominate in the other.
There’s also a greater chance that massive underdogs can win a major trophy. Tiger Woods won The Masters last year while top golfer Brooks Koepka won the U.S. Open. But Shane Lowry took The Open Championship, and Gary Woodland won the PGA Championship.
Because unknown golfers can win major titles, pay per head white label sportsbook agents must set both max betting limits and max payout limits. Set max betting limits lower as odds rise. So if Bryson DeChambeau offers favorite’s odds on golf at +1800, allow bettors to wager more on Bryson than they would on a golfer like Chez Reavie.
Set a limit for all golf betting options. That limit could be something as small as $1,000. That will push your players to back favorites thinking they have a better chance while you know that when it comes to golf, odds on the top choice are never fair because underdogs have almost as good of a chance to win as favorites.
Use top gambling software to offer wagering on The Masters’
If you want to offer wagering on The Masters, make sure to use the best bookie software possible. A company like Payperhead.com provides much more than just sports betting software. Bookies that sign up with PayPerHead can also offer a virtual online casino and a racebook.
The per head industry-leading company also has the Agent Payment Solution, which is the only way pay per head agents can make payments and collect online. There’s also a great referral program and the most advanced live betting platform available to agents called Live+.