2009 British Open Betting Tips

2009 British Open Betting Tips

The 2009 Open Championship promises to be one of the toughest, most competitive golf tournaments of the year, and brings with it a host of excellent golf betting opportunities.
The Woods Factor Much of the early betting on the Open Championship will involve golf fans scrambling for the best price on Tiger Woods. A win by Woods in the PGA National – his final tune-up event – has seen the world number one’s odds slashed in the Open Championship betting markets.
At present Woods is best-priced by Betfair at 11/5. At odds like these Woods doesn’t actually provide a good value bet, as the statistical odds of him walking away with the Open Championship title are not nearly as short. Furthermore a Woods bet doesn’t provide a profitable return on an each-way* bet if he only manages to place.
Changing Tack Taking a look at the outright betting markets in our odds comparison service, it seems that backing other form players to place in the tournament may be far more profitable than backing any particular player to emerge as outright winner of the tournament.
For example Padraig Harrington is averaging a price of around 25/1 across the board. While a second consecutive win by Harrington is improbable, a spot in the top 5 isn’t, and would pay at 8.25/1 on each-way bets – four times what you’d earn on a Woods win.
Look further back in the field and one finds even more value. For example, the rapidly improving Hunter Mahan is priced at an average of 35/1 (a return of nearly 9/1 for a place with each way bets), while US Masters and US Open winner, Angel Cabrera, is priced somewhere in the region of 80/1.
Go Each-Way From this brief analysis of the prices offered on the field for the 2009 Open Championship, it’s obvious that each-way betting is the way to go when placing money on this tournament. The value on offer means that you can place each-way bets on several golfers and still earn a profitable return if even one of these places.
Having realized this, the next step involves tracking down the bookmaker offering the best each-way payouts. Irish bookmaker Paddy Power steps up to the plate, offering payouts up to 7th place on the Open Championship. Boyelsports and BlueSQ are also offering extra place specials, paying up to 6th place for the tournament. Other bookmakers are sticking to 5th place payouts on each-way bets.
Stay Tuned Several more interesting betting options will become available during the 2009 Open Championship. We’ll be featuring the best betting opportunities available during the tournament, as well as providing explanations on how to cash in on Open Championship betting opportunities and specials.
*Each Way Betting: Bookmakers offer the option of placing an each way bet on outright betting markets by ticking an ‘E/W’ box on the betting slip. If you check this box the stake on your selection will be doubled, with half of your bet wagered on your selection placing in the OpenChampionship. Should your selection place, this portion of your bet will be paid out at 1/4 of the selection’s price. If your selection wins, you’ll also have the other half of your stake returned at the full odds.