Each-Way Golf Betting Rules & Strategy Tips
Picking the outright winner in a professional tournament can be tough - which is why many punters place each-way bets on golf at the best betting sites.
In this guide, we cover the top tips and strategies for each-way golf betting.
We'll also explain the payout rules for each-way golf bets and outline what happens your bet when golfers finish tied for places.
Read on to find out everything you need to know about each-way golf betting.
What is Each-Way Betting in Golf?
There are so many good players, so many variables out on the course, and so many other factors that can dictate who wins each week.
Field sizes rarely drop below 100 players for tournaments on the PGA Tour and European Tour, so backing the winner is extremely difficult.
However, there’s another way to bet on golf that provides a bettor with more options and more chances of collecting a return.
Each-way golf betting allows you to bet on a player not just to win, but also to place.
Essentially, you are placing two separate bets when you back a player each-way in a golf tournament - one on the golfer to win the whole event and the other on the player to finish near the top of the leaderboard.
The number of places bookies pay out for each-way golf bets varies depending on what tournament you're betting on and which bookmaker you're betting with.
Five is fairly standard, with six and seven places paid also being quite common. However, the best golf betting sites will pay out on 8-12 places for bigger tournaments like the majors. More on that later.
Each-Way Golf Betting Odds & Payouts
The odds you get on a player to place will obviously never be as high as the odds on that player to win a tournament. But on the flipside, the chances of a bettor cashing in are much better.
An each-way golf bet is a great way to reduce risk while still having the chance to collect a tidy return from the win part of the bet.
Taking the 2021 Masters Tournament as an example, here's how to calculate your each-way golf bets.
2021 Masters winner Hideki Matsuyama entered the first major of the year at Augusta National with outright Masters odds of 40/1.
Among the best Masters betting offers available was Coral's extra places deal, with this bookie paying out on 10 places at one-fifth of the outright odds.
If you staked £5 each-way (total of £10) on Matsuyama before the tournament, you would have won £250. Here's how:
- A £5 bet on Matsuyama to win at 40/1 returned £205 (5 x 40 + your original £5 stake)
- A £5 bet on Matsuyama to finish in the top 10 at 8/1 (one-fifth of the win odds) returned £45 (5 x 8 + your original £5 stake)
- £205 + £45 = £250
What Happens Each-Way Golf Bets if Players Finish Tied?
This is where things can sometimes get a little confusing for bettors, as players often finish tied for places in golf tournaments.
Dead-heat rules can vary from one betting site to the next, but you will be paid out less if your backed player is tied for a place in some instances.
To better understand dead-heat rules, take a look at the following example of a final leaderboard. In this example, the bookie is paying out five each-way places before the tournament starts at one-quarter of the outright odds.
If you backed Jordan Spieth here, you would win your each-way bet both ways - as Spieth was the outright tournament winner and finished in the top five places.
If you backed Scottie Scheffler or Jon Rahm, you would receive full payouts on the each-way part of your bet, as they are both inside the top five for the purposes of your bet.
However, If you backed McIlroy, Finau, or Leishman, you would be looking at reduced returns from your each-way bet.
You can work out your returns by dividing the number of places left in the top five by the number of players tied for those places. In this case, three players are tied, so that's 2/3 or 66.6%.
- If you placed £5 each-way on Finau, your stake now becomes two-thirds, or 66.6% of your original £5 stake, so £3.33 in this case
- Remember that in this example the bookmaker is paying out five places at one-quarter of the outright odds, so the 40/1 price for Finau becomes 10/1.
- Multiply £3.33 by 10 and you get £33.30 added to your original stake of £3.33, so your each-way bet in this case would return £36.63
Each-Way Golf Betting Tips
Every bettor's each-way golf betting strategy will differ slightly according to their preferences.
But there are a few key tips you should follow when placing your each-way golf bets.
Here are three of the each-way golf betting tips we've found most useful over the years.
Make The Most of Extra Each-Way Places
Take note of the betting sites that offer more each-way places than their competitors. It's far easier to predict a top-10 finish for a player than a top-five, so it's always smart to favour the bookies with the most places.
Extra each-way places is more common for the majors than for regular PGA Tour or European Tour events.
PGA Championship, Open Championship, Masters and US Open betting offers are always more generous and you can find tonnes of specials and promotions online.
BoyleSports, bet365, Coral and Betfred have some of the best each-way golf betting terms for the four major championships and regular tour events.
Always Remember - You Can Profit Without Your Player Winning
Each-way bets can act as a kind of insurance. If you do your research and spread your funds wisely over a few different contenders, you can land a tidy profit without any of your selections actually winning.
In the 2020 PGA Championship, Tony Finau was trading at odds of 20/1 to win and 5/1 each-way, meaning a bettor would have landed a £250 profit on a pair of £10 wagers had Finau went on to triumph.
Finau finished fourth that year - but the bettor still would have won £50, more than doubling their initial investment.
The big-hitting American has racked up lots of top 10 finishes and top fives over his career, but he had only ever won twice on the PGA Tour before that tournament (he has secured four more victories since).
When making an each-way bet, don't just look for winners. Consider players who regularly contend for titles but often come up short.
Look For Value
As always, research is key. Make sure to be aware of a player’s recent form entering a tournament. If a player is battling an injury or some other issue, strong past performances may not be as relevant.
Also take a look at a player's course history, which can often be a big pointer as to how they'll fare. Consider an outside shot like Canadian player Corey Conners, who has a strong record at Masters, meaning he is always a good each-way bet for the first major of the year at Augusta National.
The goal is to find value, as in any betting situation. Golf research materials are readily available online, and each-way betting widens the pool of prospective betting candidates, allowing punters to dig deep and unearth potentially lucrative opportunities.
Read More: The best new betting sites - ranked and reviewed by our experts
Each-Way Golf Betting - Summary
Each-way golf bets can ramp up the excitement when you're watching a tournament. They can also be profitable if you employ the right strategy and luck is on your side.
One of the best things about each-way betting on golf is that you'll always get a good run for your money if a player you've backed is contending - and fun is what golf betting should be all about at the end of the day.
Best of luck with your each-way golf bets!
Recommended Betting Sites
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. Register with BETFRED50 First bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.Daily 'Super Extra Places' on RacingOdds Boosts on Next Goalscorer BetsSponsors all 5 Flat Horse Racing ClassicsBETFRED50Bonus CodeThe code required to claim this sign-up bonus (if any)Live StreamingIs there live streaming of sporting events?YesOur RatingGambling.com's rating of this betting site out of 10098Bet BuilderCan you create your own personalised bets?YesCash OutCan you cash out of bets before an event has finished?YesAcca InsuranceRefund or free bet when one selection in an accumulator lets the bet downYesKnown as the 'Bonus King', Betfred has more promos and bonuses than the majority of betting sites. This is the first bookmaker ever to sponsor all five flat racing classics and also sponsors Super League Rugby and World Matchplay Darts.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Get a percentage boost on all football multibets of 4 or more selections. - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. Opt in & bet £10+ via mobile on any football market at 2.00+ odds within 7 days. No Cash out. Get 6x £5 Free Bets on selected markets. Free bets expire in 7 days. Card payments & Apple Pay only. T&Cs apply, see below. GambleAware.org | Please gamble responsibly
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Customers Only. Max one £20 Free Bet. Qualifying bets at Odds of 1/1(2.00) or greater. Paid as Bonus Token with Min 4/5(180) Odds Req. Skrill, Neteller & Paypal not eligible. T&Cs Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. 7 days to place qualifying bet of £10+ at 1/1 (2.0) to receive 4 x Free Bets: x1 £10 Football, x1 £10 Acca, x 1 £10 BetBuilder, x1 £10 Horse Racing. 7 day expiry. Stake not returned. 18+. Exclusions Apply. T&Cs apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Spread betting losses can exceed deposit. Plus Best Odds On All Premier League Matches(fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). See full details.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £/€10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £/€10 Place). Receive £/€20 Tote Credit, £/€10 Free Sports Bet and 50 Extra Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. Gambleaware.org.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New members only. £10+ bet on sportsbook (ex. virtuals) at 1.5 min odds, settled within 14 days. Free Bets: accept in 7 days, valid 7 days on sportsbook only. 2x£5 Free Bets for Bet Builder only. Stake not returned. T&Cs + deposit exclusions apply. Bet Responsibly. GambleAware.org 18+.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Players Only. Min. $/€10 deposit and bet on odds 1/1 or greater required. Extra bets and bonus spins are issued within 24 hours of the qualifying bet being settled. Extra bet valid for 14 days, stake not returned. Bonus spins are valid for 24 hours, only available on the Book of Dead game. Terms and Conditions apply.
- #ad. 18+. Gamble Responsibly. gambleaware.org. T&C Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. 18+ New customers only. Opt in, bet £10? on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. T&Cs apply, see below. gambleaware.org | Please gamble responsibly
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. Available once per household. Max. FreeBet amount: £10 Minimum Deposit and wagering on sport to activate the Free Bet is: £10 Void/cancelled or cashed out bets do not count towards wagering to activate the free bet. Offer valid only to customers making a first deposit of £10 or more. Offer only applies to players who are residents of United Kingdom and Irland.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. This offer is valid for 7 days from your new account being registered. Min Deposit: £10. Free Bet awarded: £10. 1 x £10 must be wagered at odds of 1.75+ to unlock Free Bet. Debit Card deposits only (exclusions apply). Free bet will expire 7 days after the 1st deposit. 18+. GambleAware.org. Bet The Responsible Way. Full Terms apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Min £10 deposit and bet on odds 1/1 or greater required. deposits via Paypal, Neteller, Pasafe, Skrill or Skrill 1-Tap will not be eligible for any free bet offer. Extra bet and bonus spins issued within 24 hours of quailfying bet being settled. Extra bet valid for 14 days, stake not returned. Bonus spins valid for 24 hours, selected games only.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £10 bonus, valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible. T&Cs apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers online only. Min Odds 3/1 (4.00), Min 3 Selections. Free Bet Valid For 7 Days
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New 18+ New Customers only. Deposit and bet on any sports with min odds of 2.0. Get 50% Back of your first days' losses as a Free bet up to £50+£20 Casino Bonus. T&Cs apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply. - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. 18+. New customers only. Min. £10 deposit. 3x bonus WR. Bonus expires in 30 days. Payment, withdrawal, player, time restrictions apply. Terms Apply. Play responsibly. BeGambleAware.org
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Customers only. Must have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. T&C's apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New reg only. Claim by placing a min deposit £10 via ‘My Offers’ page within 30 days. 7 days to stake max £10 in-play, min odds 1/1 (2.0). Max. extra winnings £100. Once claimed, 30-day expiry. Cashed out, System & EW bets do not qualify. Other Promotional Play Restrictions Apply. T&Cs apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Qualifying bet of £10 at min. odds 2.0 within 5 days of registration, E/W excluded. Get 3x Free Bets at min odds 2.0 each. 1x£10 Football, 1x£10 Racing, 1x£10 Acca (Min 4 selections). 7-day expiry. New selected customers & 18+ only. Min. deposit of £10. Full T&Cs apply. Promotion available on desktop and web only and is not offered via the kwiff apps.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Deposit and bet on any sportsbook markets of your choice at odds of evens (2.00) or greater. Get 50% back of your first days losses as a Free Bet up to £50 plus 50 Extra Spins. Min. 3 bets required. If your account is up, you’ll receive a £5 Free Bet regardless plus 10 Extra Spins. Use coupon code "5050" at registration. T&Cs apply | 18+ New UK Customers Only | GambleAware.org | Gamble Responsibly.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. £10 in real money. Bets placed on sports at odds of 2.00 ore more to qualify. Bets must be placed 24 hours within of registration. £10 free bets must be wagered on sports. Cashback is cash without restrictions. - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. 18+ | New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 2/1 (3.0) | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | T&Cs apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. #ad. 18+. Gamble Responsibly. [Gambleaware.org|https://www.gambleaware.org/]. Get a percentage boost on all football multibets of 4 or more selections. - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. Min deposit £10. Place a £50 bet on any sport at at odds of Evens (2.0) or greater to qualify for three free bets on settlement: £10 on Football, £10 on Greyhound and £5 on Virtual Sports, plus 10 Extra Spins on Reel King. Free Bet & Spins expire in 7 days. Additional T&Cs apply. Please bet responsibly.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New members only. £10 min bet on sportsbook (ex. virtuals) at 1.5 min odds, placed & settled in 14 days of sign-up. Win part E/W bets. Free Bets: accept in 7 days, valid 7 days on sportsbook only . Stake not returned. T&Cs apply. Bet Responsibly. BeGambleAware.org.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New UK+IRE Customers. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 1x £20 free bet. Free bet available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Cash back without wagering the day after if the player loses all the money in the account. Min deposit £10. Gameplay is monitored. Full T&Cs apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Players Only. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers. Max £10 (exc. PayPal). 100% Odds Boost Token. Keep it fun - set your deposit limit. T&Cs apply. - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Play Safe. From 00:01 on 17.10.2022. 3x £10 free bets. Free bets expire after 30 days. New customers signing up through mobile or tablet device only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. #ad - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £10 bonus, valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible.
- #ad. 18+. Gamble Responsibly. gambleaware.org. T&C Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. This promotion is for?new customers only. - Sign up using the promo code bet20get10?and make a minimum deposit of £20. - Place a minimum £20 cash bet at odds of Evens (2.0) or greater and receive a £10 Free Bet
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New cust only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 1 x £10 Horse Racing, 1 x £10 Free Bet Builder and 1 x £10 Football. 7 day expiry. Stake not returned. T&Cs Apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. #ad. 18+. Gamble Responsibly. gambleaware.org. T&C Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Players only. Max. Free Bet Token amount: £10.Minimum Deposit: £15. Minimum wagering on Sport to activate the Free Bet Token: £15
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at a min. odds of 1/1 (2.00) or greater and be settled within 14 days of placement. System bets no eligible. T&Cs apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Players Only. Free bet - one-time stake of £10, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply. Full Terms Apply. 18+ | BeGambleAware | #Ad.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Welcome Bonus: New players only, 1st Deposit, Min Deposit: £15, Max £10 Free Bet valid for 14 days. Bets Must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible. Neteller, Skrill and PayPal not eligible. T&Cs apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New customers only. Min stake £2. Min legs 3. Max win £1,000. Min odds 3.0. Max £25 back as a Free Bet on losing bets only. 7 days to use free bet at odds 2.0+. Full T and Cs apply. Play responsibly GambleAware?: Gambling Help & Gambling Addiction ? T&Cs apply - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Players Only. Min £ 20 qualifying bets stake not returned. Free bet - one-time stake of £ 40, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New Players Only. Min £10 qualifying bets stake not returned. Free bet - one-time stake of £10, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 5x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions. - Full Terms Apply
- #ad. 18+. Gamble Responsibly. Gambleaware.org. 18+ New customers only. Opt in and bet £10 on any EPL match (odds 1/1+) within 3 days of sign up. No cash-out. Get 5x£5 Free Bets for set markets (odds 1/1+) and a £5 Slots Bonus on Age of the Gods: God Of Storms, 30x wagering, max redeemable £125. Bonuses expire in 14 days. No cash-out. T&Cs apply. GambleAware.org. Please gamble responsibly
- #ad. 18+. Gamble Responsibly. Gambleaware.org. 18+ | New Customer Only – Promo Code: NEWWELCOME100 required | 50% back on net LOSSES over your first 3 calendar days | requires min 3 x£10 qualifying bets in same 3 days| Min return £1 free bet | T&Cs apply | Available until 01/09/24 at 23:59 | UK residents using debit card | Please gamble responsibly
- #ad. 18+. Gamble Responsibly. Gambleaware.org. New player only, 1st deposit, min deposit £15, Max £15 Free Bet valid for 14 days, Bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets not eligible. Neteller, Skrill and Payapl not eligible. T&C apply.
- #ad. 18+. Gamble Responsibly. Gambleaware.org. Place a qualifying £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £10 fixed odds bet will be credited upon settlement of the qualifying bet. The second free £10 fixed odds bets will be added to your account on the following day. Free bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. T&Cs Apply.
Stay In The Loop With Free Bets, Insider Tips & More!
Live Betting. Sports Promos. Sent Weekly.