misc, Lifestyle Adam Fonseca misc, Lifestyle Adam Fonseca

How to Place a 'Risk Free' Bet on Golf

Placing bets on professional golf is more commonplace across the country (and world). Here are some tips on how to place a bet, including what ‘risk free’ means.

If you love golf, you have probably considered placing a bet on a game. However, there’s always a risk that you could lose all your money. The good news is that there is a way to place a bet without risking any of your money.

Risk free bets are there to ensure that a bettor does not lose any of their money. This type of bet, in fact, does not always need a bettor to wager anything at all. Alternatively, if the player does need to wager their cash, they may not lose it, even if they don’t win the bet.

Let’s take a look at how you too can place a risk-free bet on golf.

Sign up to an online sportsbook

There are many online sportsbooks out there that offer at least one risk free bet to bettors. Whether the bet is part of a welcome bonus or a regular bonus, this type of bet exists. Bettors who are welcomed with a free bet usually have to deposit cash into their online accounts first. As soon as the money is in their account, they will have access to that coveted risk-free bet.

Alternatively, the free bet may appear as a promotion from time to time. A bet such as this can appear once a week, once a month or on special occasions. Bets such as this may also be given away as a prize. Players may need to wager a certain amount of money so that can win a risk-free bet. Alternatively, they may simply be awarded it for winning another bet.

Search for golf

The next stage is for bettors to search for golf. Most online sportsbooks offer this sport to bettors. If, when logging in to their account, bettors cannot see which sports are offered, they can look through the menus. Chances are, there will be a “sports” menu. Selecting this menu will take players to a list of sports. This list is typically found on the left of the page. After a little bit of scrolling down the list, players should find the glorious game of golf.

Choosing a golfer

The next step of placing a risk-free bet involves choosing a golfer to bet on. Bettors should be aware that some free bets can only be used on specific golfers. It may be that there are certain odds that the sportsbooks only allows bettors to use or certain types of golfers. In any case, once bettors understand which golfers they can bet on, they can make a choice.

Bettors usually have a selection of golfers to bet on. Choosing their most-preferred golfer and selecting the odds is the next step. Bettors should make sure that they’re happy with the odds before they place their bet.

Using the risk-free bet

Bettors will usually have the option to use their risk-free bet. They may have to enter a code or check a box. Either way, the risk-free bet needs to be used before the bet is confirmed. If the risk-free bet is not used at this time, it will need to be used soon.

Most risk-free bets will only be valid for a short period of time. Some bettors may find that they only have 48 hours to use their risk-free bet, others may have up to seven days. Just make sure that your bet is used before it’s removed from your account.

Watching the game

At this point, you are ready to watch the game. With any luck, your chosen golfer will win the game. However, if they don’t, you will not have lost any of your money. A risk-free bet is one that either involves the bet being free to place or the bettor receiving a refund.

Collecting your winnings

If you’re lucky enough to have won your bet, it’s time to collect your winnings. Chances are, you won’t have to wait too long to collect your winnings. Most online sportsbooks make sure that the bettor’s money is in their accounts within 24 hours.

Please note, that money won via a risk-free bet may have to be wagered again. Bettors typically have to wager the money at least five times before they can withdraw it. This means you can place a few more bets using your winnings rather than withdrawing the money.

Placing a risk-free bet on a game of golf is relatively easy. Fun to use, it can also allow bettors to experiment with different types of bets.

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Adam Fonseca Adam Fonseca

2015 WGC-HSBC Champions daily fantasy golf picks, values & strategy

Research your daily fantasy golf picks for the 2015 WGC-HSBC Champions here. We share our fantasy golf picks, values and strategy.

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The 2015 - 2016 PGA Tour season continues this week at the 2015 WGC-HSBC Champions. There are a ton of big names in this event, as is the case with any WGC tournament, so you'll have plenty of options to choose from on your daily fantasy golf roster. We've got your DraftKings fantasy golf picks ready. Let's get crackin'.

Strategy

Winning in daily fantasy sports on sites like DraftKings or Fanduel is next to impossible, especially if you only enter one lineup per contest. The sheer volume of players who enter each contest total the tens of thousands, shrinking your odds of winning anything -- especially a profit -- minuscule. As long as you are willing to accept that risk, then DFS contests can be a lot of fun.

As we’ve discussed on multiple podcast episodes and posts, strategy is everything when it comes to a massive fantasy golf system like DraftKings. Pat Mayo over at RotoExperts.com is the best at explaining all the stats you should consider when making your picks, which boil down to:

  1. Strokes Gained: Putting
  2. Strokes Gained: Tee-to-Green

Aside from that, I like to play the “hot hands” every week; those players who have placed in the Top-10 or higher in recent tournament weeks, whenever possible.

Will this strategy work? Or will I get shutout of the money again this week? Only time will tell.

Best Value

Justin Thomas recorded his first PGA Tour win last week at the CIMB Classic, and his $9,400 price tag this week is a little surprising. Granted, names like Spieth, McIlroy, Watson and Fowler are also playing this week, but only Thomas is fresh off a win so far this season.

Best of the Rest

  • Dustin Johnson $10,300
  • Adam Scott $9,900
  • Hideki Matsuyama $9,800
  • Paul Casey $9,200
  • Emiliano Grillo $8,400
  • Byeong-Hun An $7,800
  • Daniel Summerhays $7,300
  • Thorbjorn Olesen $7,100

DraftKings Fantasy Golf Picks for the Week

  1. Rickie Fowler$10,300
  2. Patrick Reed $8,900
  3. Charl Schwartzel $8,100
  4. Scott Piercy $8,100
  5. Daniel Summerhays $7,300
  6. Kevin Kisner $7,300
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