What is Dead Heat in Golf Betting?
In golf betting lines, A Dead Heat betting refers to a scenario where two or more participants tie for a position in a golf tournament or event. Of course, you cannot have a dead heat for the actual winner of a golf tournament, given that extra holes are usually played to decide the overall winner of any event. But in the event that we have a tie for other positions, dead heat rules are used, with the bookmakers often working out your profit by dividing the total stake by the number of participants in the dead heat, and then multiplying by the golf odds at which the bet was placed. It is the resulting amount from this calculation that is usually collected by the customer as the total return.
In Depth Analysis on What is Dead Heat in Golf Betting
In the 2016 Masters Tournament, for example, the leader board was as follows:
Position Name Score
|Tied 2||Lee Westwood||-2|
|Tied 2||Jordan Spieth||-2|
|Tied 4||Paul Casey||-1|
|Tied 4||J.B. Holmes||-1|
|Tied 4||Dustin Johnson||-1|
|Tied 7||Matthew Fitzpatrick||E|
|Tied 7||Soren Kjeldsen||E|
|Tied 7||Hidek Matsuyama||E|
|Tied 10||Justin Rose||1|
|Tied 10||Rory McIlroy||1|
|Tied 10||Daniel Berger||1|
|Tied 10||Brandt Snedeker||1|
|Tied 10||Jason Day||1|
If, for example, you had a $100 bet on 12/1 odds for Justin Rose to finish Top-10 the 2016 Masters Tournament, the winnings would be calculated as calculated as follows for his “Tied 10” finish. As per the leader board, five players—Rose, Rory McIlroy, Daniel Berger, Brandt Snedeker and Jason Day—all tied for the 10th position, meaning your $100 stake would be divided five times as per Dead Heat betting rules. This would reduce your stake to $20 on the12/1 golf odds, which would be calculated as follows:
- Formula–Total returns: Reduced Stake x Betting Odds + Your Reduced Stake
- Therefore, the Total Returns here would be: $20 x 12/1 + $20, which equals to $260
In case you are not sure about how the Dead Heat winnings are calculated in your preferred sportsbooks, ensure that you make adequate inquiries prior to placing your bets. Most sportsbooks actually have automated online betting calculators to easily assist with all the necessary math involved in dead heat betting, or any other form of betting for that matter.