Online Bookie Preview: 2017 British Open Odds and Betting Preview
The next PGA Major Tournament is the 2017 British Open.
Simply called The Open Championship, the 2017 British Open takes place from July 20 through July 23 this year.
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Pay per head agents must pay attention to the following listed golf betting fixtures.
2017 British Open Odds
Dustin Johnson +800
Rory McIlroy +1000
Jordan Spieth +1100
Jason Day +1600
Sergio Garcia +1600
Rickie Fowler +1800
Henrik Stenson +2000
Hideki Matsuyama +2000
Justin Rose +2000
As of July 5, the number 1 player in the world, Dustin Johnson, has already earned over $6.35 million.
DJ has missed the cut in his last 2 tournaments played going into this week’s Greenbrier Classic. Is that a problem? Not according to the odds makers.
For some reason, Johnson remains a less than double-digit favorite to win the Open Championship.
Any golfer under double-digit odds to win any tournament is a bad pick for golf betting. But, it’s a great bet for online bookie agents.
Agents want players to bet on DJ, Rory McIlroy, and Jordan Spieth. Favorites almost never win a golf tournament. Not since Tiger Woods’s career went south.
Best Way to Handle Betting on the 2017 British Open
If agents wish to roll the dice, they can do so by allowing as much money to be wagered on Johnson, McIlroy, and Spieth as possible.
All 3 flash odds that make those players underlays to win the Open Championship.
Jason Day, Sergio Garcia, Rickie Fowler, Henrik Stenson, Hideki Matsuyama, and Justin Rose, also offer odds that imply their chances of winning the 2017 British Open are much greater than they are.
No player at 20 to 1 or less is a good bet.
What it means is that per head agents have an odds advantage if action arrives on any single one of the players listed here. For big longshots, it’s a different story.
Online bookie agents should be aware of action on longshots offering odds above 20 to 1.
It might be a good idea to set max betting limits at $200 on any players to win the 2017 British Open at odds of 20 to 1 or less.
For players offering odds at above 20 to 1 and higher, set max betting limits at around $100. If pay per head agents want to err on the side of caution, they can set max betting player limits.
For example, only allowing a single player to bet a total of $200 on the British Open might be a good strategy.
Many pro players spread in major golf tournaments. This gives them a chance of hitting the winner at huge odds.
Holding the spread to a $25 unit, which accounts for 8 golfers, or a $50 unit, which accounts for 4 golfers, lowers the chances of those golf betting players placing a winning bet.
