Golf enthusiasts and bettors worldwide anticipate the upcoming Open Championship 2023 with the best professional golf players in the world. This significant event in golf season also offers opportunities, especially for online sports betting Singapore.
On July 20 to July 23, the golf season’s fourth and final major championship this year will be held at Royal Liverpool Golf Club in Hoylake, Merseyside, England, for the first time since 2014.
As the day for the 2023 Open Championship draws nearer, you can anticipate the appearance of your favourites and the sports betting Singapore results.
How Does the Open Championship Work?
The Open Championship is a four-round, 72-hole stroke play competition, with a cut after 36 holes. In this tournament, 156 golf players will contend for the Open Championship major title.
In case of a tie, a winner is determined using a four-hole aggregate playoff to determine the winner. Players go on a hole-by-hold sudden death (or stroke-play) in a match if they are still tied after the four-hole aggregate playoff until a winner emerges.
The Open Championship is not the only major tournament to use the aggregate format during a tie. PGA Championship and the U.S. Open use a three-hole and a two-hole aggregate playoff, respectively.
Favourites to Win the 2023 Open Championship
In this year’s Open Championship, many familiar names in the world of golf rise atop the leaderboard despite the unexpected twists and turns. Here are some of the favourite players that you can consider as you place bets for the 2023 Open Championship:
Rory McIlroy
Rory McIlroy landed near the top of the board after a stretch of career-best golf performance as 2022 ends despite being amid a nine-year major championship drought. For the upcoming Open Championship, McIlroy will return to the place of his two-stroke victory over Rickie Fowler and Sergio Garcia and attempt to put behind him the pain of his collapse at St. Andrews last summer.
The Open Championship is one of 2023’s four major tournaments where McIlroy is favoured over Rahm and Scheffler by the consensus of the championship odds. He is perceived as such even after surrendering the number 1 spot in the Official World Golf Ranking (OWGR) and missing the cut in the masters.
Jon Rahm
Jon Rahm, who finished at T3 at Royal St. George’s in 2021 and T34 in St. Andrews in 2022, is another favourite to win the 2023 Open Championship.
Currently ranked 2nd in the OWGR, he faced a struggle at the PGA Championship as he finished T30 at 7-par, but this does not stop him from being perceived as a contender in the upcoming championship. Jon Rahm is looking for his second major championship of the golf season after winning the Masters in April, and the third within his golf career.
Matt Fitzpatrick
Matt Fitzpatrick’s odds have a hanging outlier price as numerous sports betting sites drop his odds following his victory at the RBC Heritage. He reclaimed the No. 7 in the OWGR, a tremendous value for his home major. Fitzpatrick followed his U.S. Open win with a T-21 finish at The Open. However, he tied for 10th in the Masters that kicked off the 2023 major season.
Scottie Scheffler
Scheffler has zero to six PGA Tour wins in the last 13 months. He also won his first major championship title at last year’s Master, and currently, he is routinely among the favourites at every major.
Scheffler’s overall performance in golf tournaments has proven that he can travel almost anywhere, including links golf. He finished T8 and T21 in his first two Open Championship tries. Many enthusiasts also predict Scheffler to have the chance to knock on the door of another major in 2023.
Golf Betting Markets for the Open Championship
Like other major team sports, you can choose among different betting markets to place wagers on golf events such as the Open Championship. It provides various betting options throughout the year, which makes for an exciting and thrilling online betting experience.
The most famous betting market you can try is picking the outright winner of the golf tournament, which involves predicting who will win the match. But other betting options are also available, such as head-to-head matchups and proposition betting.
Each-way betting
In each-way betting, you can wager on the golf player you think will win the tournament and finish within a particular standing, such as the Top 3 or Top 8. This type of bet involves two bets with two separate payouts. If a golf player wins a tournament, both sides of the each-way bet win and garner a payout. However, if the player did not win but finished in 3rd place, the Top 3 side of the each-way bet would win.
This type of bet is typically placed before the event begins and graded on the final leaderboard after four tournament rounds. You can wager on the outright winner in each-way betting between game rounds and during the event if sportsbooks offer live golf odds.
Head-to-head and three-way betting
You can also place wagers on one player versus another in head-to-head golf betting instead of betting on one player versus the entire tournament participants. In this betting market, sportsbooks set odds on the players that will post the higher position in the leaderboard, and you can pick which player they think will perform better in the tournament.
Meanwhile, three-way golf odds add a third player to the odds mix. You can place wagers on which golf players will place higher at the end of the tournament.
Prop betting
If you want to add more enjoyment and variety to your golf betting experience, prop bets are exciting options to consider. Prop bets allow you to wager on speculative outcomes.
Some examples of prop bets include guessing whether a golfer will succeed in hitting a hole-in-one or the leader of the sports event after the first round. Aside from this, a prop bet also involves predicting if the golf event will require a deciding playoff or even guessing the winner’s age.
Conclusion
The popularity of golf betting is undoubtedly evident, as golf is considered one of the most watched individual sports among sports enthusiasts. With prominent professional golfers playing major golf events, you should learn about the golf odds and players’ previous tournament performances before placing any bets.
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