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Golf Betting Rules

Golf Betting Rules

Golf

Tournament bets will be settled on the official result of the relevant governing body at the time of the ceremony regardless of any subsequent disqualification or amendment to the result. When an event is affected by adverse weather tournament bets will be paid out on the official result. The minimum number of holes required for an official winner to be announced can vary from 36 to 54 holes depending on the tour, but the result must be an official one. In the case of incorrect pay outs caused by resulting errors on the official website, we will amend the pay out if the error comes to light within 24 hours of the relevant market’s original settlement time.

All bets on a player will be void should they not start a tournament. Ante-Post bets on any player who takes part in a qualifying tournament but then fails to qualify for the main tournament will be classed as a loser. Any player starting a tournament but withdrawing or being disqualified before the end of the tournament will be settled as a loser.

If a tournament is shortened and we settle the tournament markets then all bets placed after the last completed round will be void. In addition, if a price for a tie is not available, dead heat rules will apply.

In any ‘to qualify’ market for any tournament, winners are the number of golfers that qualify for the tournament, whether they compete in the tournament or not. Markets will be settled after the qualifying stage and any subsequent disqualification or amendment to results will not count.

If a Tournament/Round is restarted from the beginning, all bets placed after the official off time will be void, except on markets which have been unconditionally determined. Bets on 2-balls or 3-balls will only be void if placed after the tee time of the relevant group.

 ‘Victory Margin’ markets will be settled on the official tournament result and will not include any playoff, if needed.

For ‘3-Balls’ or ‘2-Balls’ markets, all bets on these markets will stand irrespective of whether the players play in the same group or pairing as each other.

Tournament match betting

If a player withdraws without playing a stroke all bets on the relevant market will be void. Likewise, should all players within the framed market fail to complete the first round then all bets will be void.

If any of the named players fail to complete a particular round for any reason (excluding the first), the winner is the player with the lowest total score after the previous round. If a player is disqualified or withdraws during any round they will be settled as a loser providing at least one other player completes that round. In cases where two or more players in a given market are in a dead-heat for first after 72 holes, the winner will be determined after the subsequent playoff holes are completed.

If one player misses the cut then the other player is deemed the winner. If both players miss the cut then the lowest total score after the cut has been made will determine settlement. If a player is disqualified or withdraws after starting then the opposing player is deemed the winner whether 36 holes have been completed or not. If a player is disqualified in the 3rd or 4th round when the other player in the match bet has already missed the cut, then the disqualified player is deemed the winner.

All of the above also applies to 72-hole match betting with the following exception, if the scores are tied after 72 holes, the result will either be a tie, if odds were offered for the tie, or else all bets will be void.

If a tournament is reduced in length because of adverse weather then all bets will be settled providing a winner of the tournament is deemed and a minimum of 36 holes are completed. The winner will be the player in the lead at the end of the last completed round.

Round betting markets

If a player withdraws without playing a stroke in that round all bets on the relevant market will be void. Likewise, if one player fails to complete a round for any reason other than a withdrawal or disqualification then all bets will be void except for those on markets which have been unconditionally determined.

Any player withdrawing or being disqualified having played a stroke in that round will be settled as a loser, providing at least one other player completes that round. Should all players fail to complete the round then all bets will be void.

Strokeplay hole-by-hole markets

All bets on a given hole will be declared void should said hole not be completed for any reason, unless the market has been unconditionally determined. Markets are settled on completion of the hole and any subsequent penalties or disqualification will not be taken into account.

Matchplay hole-by-hole markets

All bets stand once all nominated players have played their tee shots. If neither player completes the hole all bets will be void unless the winner has been unconditionally determined, a player has withdrawn or been disqualified, or the hole had been conceded. Settlement is determined when the players leave the green.

Top 5/ Top 10 /Top 20 markets

Dead-heat rules apply.

1st Round Leader

Settlement is based on the tournament score at the end of the first round. Dead-heat rules apply.

Group Betting

The winner will be the player with the highest placing after the tournament has ended. Any player missing the cut will be considered a loser. If all players miss the cut then the lowest total score after the cut has been made will determine settlement. Non-runner no-bet deductions in line with Rule 4 (Deductions) will apply. Dead-heat rules apply except where the winner is determined by a playoff. In the case of adverse weather a minimum of 36 holes must be played and a tournament winner must be declared for bets to stand. The winner will be the player leading at the end of the last completed round.

Golf

General

If there is a presentation ceremony, bets will be settled in accordance with the official result of the relevant governing body at the time of the ceremony.

If there is no presentation ceremony, bets will be settled in accordance with the official result of the relevant governing body immediately after the event.

The above applies regardless of any subsequent disqualification or amendment to the result (except if an amendment is announced within 24 hours of the initial settlement of the relevant market in order to correct an error in reporting the result).

Tournament bets will only stand if the minimum number of holes stipulated in the Market Information is completed.

If a tournament/round is restarted from the beginning, all bets placed after the official ‘off’ time will be void, except on markets that have been unconditionally determined, which will stand. Bets on 2 or 3-balls will only be void if matched after the tee-off time of the relevant 2 or 3-ball.

If we do not suspend a tournament market and cancel unmatched bets at the time stated in the market rules, but the market is turned In-Play at a later time, all bets matched between the start of a day’s play and the time the market is turned In-Play will be void.

Abandonments, Cancellations and Postponements

If a tournament is shortened and we settle the tournament markets, all bets matched after the last completed round will be void.

Non-Runners, Withdrawals and Disqualifications

If a player does not start a tournament, then all bets on that player will be void.

Any player starting a tournament but withdrawing or being disqualified before the end of the tournament will be settled as a loser.

In any To Qualify market for any tournament, the winners are the players that qualify for the tournament under the terms set out in the Market Information, whether they compete in the tournament or not. Bets will be settled after the qualifying stage, and any subsequent disqualification or amendment to results will not count.

Tournament Match Betting (i.e. 72-Hole Match Bets)

If a player withdraws without playing a stroke, then all bets on the relevant markets, including bets on that player, will be void.

If all players fail to complete a particular round for any reason, the winner is the player with the lowest total score after the previous round.

If all players fail to complete the first round, then all bets will be void.

Round Betting

If a player withdraws without playing a stroke in that round, all bets on the relevant market will be void.

If a player fails to complete a round for any reason other than a withdrawal or disqualification, then all bets will be void except for those on markets that have been unconditionally determined.

Any player withdrawing or being disqualified having played a stroke in that round will be settled as a loser providing at least one other player completes that round.

Should all players fail to complete the round, then all bets will be void.

Strokeplay Hole-by-Hole Markets

Bets will be settled on completion of the hole, and any subsequent penalties or disqualification will not be taken into account.

If a hole is not completed, bets on that hole will be void unless the market has been unconditionally determined.

Matchplay Hole-by-Hole Markets

Bets will be settled on completion of the hole, and any subsequent penalties or disqualification will not be taken into account.

If a hole is not completed due to the player or team conceding, withdrawing or being disqualified, then bets on that team or player will be deemed losing bets.

If a player or team withdraws or is disqualified after having played a stroke on that hole, bets will be settled as a loser providing at least one other player completes that hole.

If any player or team does not play a stroke on a hole, all bets will be void.

The Exchange General Rules and Market Information will apply in respect of any category of bets or markets not referred to in the Specific Sports Rules. If there is any inconsistency between the Specific Sports Rules and the Exchange General Rules, the Specific Sports Rules shall prevail. If there is any inconsistency between the Market Information and either the Exchange General Rules or the Specific Sports Rules, the Market Information shall prevail.

See here for the Exchange General Rules.

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