Golf Gambling 101 with Golf Digest's Degenerates
Coleman Bentley and Chris Powers show the 101 on how to bet on golf, and make some wagers of their own.
Released on 8/12/2019
Hey Everybody, Coleman from the Loop here,
and we are at Piggyback Bar
in beautiful Jersey City, New Jersey.
We came out here because The Northern Trust
is just down the street.
And we also came out to meet
the Loop's resident Jersey expert and the generate camber,
Christopher Powers, who is gonna be giving us a crash course
in all the different ways
to bet on the Northern Trust this week.
Powers, thanks for joining us.
Thanks for having me.
I'm happy to be here.
Jersey's one of ten states in the United States
that has legalized sports betting.
What that means is a bunch of people just like us
come over here from New York City on the ferry,
on the Path train, and place a few wagers at lunch hour.
What are some of the fields you look for when betting
on a golf tournament, just in general?
You wanna sprinkle little amounts of money on a lot
of different guys.
You wanna have seven or eight guys to root for
when they're comin' down the stretch on Sunday.
All you need is one to hit,
and you might come out on top for that particular week.
So you're talking about the odds, and you said,
but you know, +4500.
What does that mean for the beginner, the lame and the new,
Let's take Brooks Koepka for example,
who's +850 this week on DraftKings.
You bet $100 on Brooks Koepka.
You're gonna take back $850.
Tiger Woods has a matchup against J.T. Poston,
who'd just won the Wyndham Championship.
Tigers -150 this week in that matchup in the opening round,
you would have to bet $150 to win back $100.
So basically, if it's got a + sign in front of it,
you're gonna win more than what you put down.
And if there's a minus sign in front of it,
you have to put more down, and you're still gonna win less.
Liberty National, Northern Trust this week.
How are you placing your picks, and what are they?
So when I'm betting on a big event like this,
I'm gonna start with betting on an outright winner.
Right away I see a guy, Justin Thomas,
who's 20 to 1 this week, that's +2000, tied for 11th
at the British Open, tied for 12th in Memphis.
He has a little bit of value this week.
In my opinion, where you know, he has just a good a chance
to win as Brooks Koepka, but he has better odds.
So I like a guy like Justin Thomas.
And the next, I'm gonna go with Top 5 bet.
And I like a guy named Adam Scott, who've won here
at Liberty National in 2013.
All you can ask for when you're betting on Top 5, Top 10
and winners is that they're in the mix on Sunday,
and I think Adam Scott will absolutely be in the mix
comin' down the stretch on Sunday this week.
The next, I'm gonna go with a tournament matchup that,
which is one guy versus one guy
and it's whoever finishes better that week.
This week, I'm goin' with Tyrrell Hatton over Shane Lowry.
Hatton is 77th in the FedEx Cup standings, so he has
to have a big week.
A lot to play for.
Shane Lowry on the other hand, is pretty much in
the TOUR Championship, based off his open championship win.
Also think he's nursing a pretty nasty hangover,
still from his open win,
so I like Hat.
I like Hatton over Lowry this week.
And then my next bet is gonna be just a Round 1 matchup.
On Thursday, I liked Brandt Snedeker.
He's -120 over Phil Mickelson and simply put,
Phil Mickelson just cannot be trusted right now.
I'm gonna go with Brandt Snedeker, -120,
which means put down $120 to win $100 back,
and bring $220 back total.
So Snedeker over Mickelson on Thursday at Liberty National.
I like it.
My last bet is actually a fun prop
that is the top Arizona state alum.
John Rahm, Phil Mickelson, Pat Perez, Chez Reavie,
and Matt Jones.
There's no point in betting.
If you're gonna bet on John Rahm in this bet,
you might as well just bet on Rahm to win.
So I'm gonna take the value and bet Pat Perez at +700,
who is 125th.
He's dead last in the FedEx Cup standings.
I'm not saying Pat Perez is desperate.
I think Pat Perez is very happy with where's he's at
Being Pat Perez.
He probably doesn't even care about this week,
but you know, if he gets it rolling,
that's great value at +700, where you know,
he's just gotta beat those other four guys that went
to Arizona State, so I'm gonna take Perez this week.
So all told, you've made all those bets.
How much did you wager, and how much do you stand to win
on Monday morning?
So like I said before, I sprinkled a little bit.
I mean, I got a house to pay for, a wedding coming up,
so I just did five $10 bets, 50 total.
When all of them hit, it's gonna be a $428 payout.
But just remember, and there's no such thing as a sure thing
when you bet on sports.
True words that have ever been spoken.
Let's meet up on Monday and see how those bets did.
And we'll go from there.
Let's win some money.
Let's do it. [claps hands]
It's Monday morning, the Northern Trust is a wrap.
Patrick Reed is a champ, and Chris Powers is here
to break down some of his picks from the weekend.
The most important thing from the weekend is that
you cleared some money right?
I made five bets total, $10 each.
Justin Thomas to win.
He finished, I believe in the top 10, so that didn't hit.
Tyrrell Hatton over Shane Lowry on the week,
lost by a shot cuz Hatton kinda gagged it away at the end.
And then I did, oh at the Pat Perez bet,
low Arizona State alum, probably wish I had that one back.
Come on, Pat!
[laughs] I hit on Bandt Snedeker over Phil Mikelson,
Round 1, and Adam Scott finished at Solo 5th.
Bet him Top 5, +900, so bet 50, won $98.40,
so brought back $148.40 on the week.
A little birdie also tells me that someone
in this office may or may not have bet Patrick Reed
Yes, Fellow The Generate and New Jersey and
Steve Hennessy hit on Patrick Reed at 50-1 to win.
That was in our pre-tournament gambling column
So make sure you're reading that every week.
There's a lot of good stuff in there.
That's a wrap from our very Jersey betting breakdown
of the Northern Trust open.
Chris, thanks again.
Thanks for having me.