Golf is a very conventional sport available in the word. The sport whose current form can be traced back into the 15th century has preserved a good amount of characteristics that were present in the original form of the sport. Nonetheless, just as any other sport, the technology has creeped into the game of golfing too. A case in point is that the number of statistics and data analysis is spreading on golfing.
Nowadays, the biggest data necessary in order to obtain valuable information is contained in each feature of the game, including the way a player swings, his strategy, even the character of the golf course, etc., and all that information could be very helpful in numerous ways. Betting on the world of golfing is one of the myriads of applications of data analysis and statistics.
There are really fine margins between the top golf players and it could be very tough predicting the result of a golf match. That is the reason why the golfers resort to professional use of statistics and data analyses, which would help them put their bets. This post discusses the effect of the player statistics and analyses on changing landscape in the game of golf betting.
Informed Betting Decisions
Emotions and the personal preferences should play no role in betting. Rather, it is all about numbers and facts. Intuition counts, but the best bettors are interested in the message provided by numbers. That is what can make so many players of slots games like the idea of participating in a new no deposit bonus casino. This kind of casino provides a risk free experience of new games since players have an opportunity of giving a real feel of the gameplay and features before investing. It is a chance of trying out the casino environment without the pressure of making wrong decisions.
Such an idea can be taken as it is applied to the betting on the sporting events such as golf. Although the experience is a little bit different, statistical analysis enables one to make informed judgment based on facts as opposed to just however they think the popular opinion would say. Through data, you stand a lower chance of making bets that might be costly; since emotional decisions are less likely to be made.
Broad principle of Value Bets Identification
Bookmarkers at times give their bets which may not stand a clear picture of how effective a player could be. This is referred to as value bet and as bettors it can give them some good returns. One can also flag the flaws between the actual level of performance and the odds on the line through the use of statistics and the use of data analytics to help the bettor spot the flaw in the performance of a certain player.
As an example, the skein may indicate that a certain individual is positioned great in ranking with respect to his/her Strokes Gained: Approach, and hence, such an individual has a comfortable position, more so when he/she is playing in a place with tough greens. Given that you feel you stand a good chance of getting the winning outcome, then even though the odds set by the bookmaker are average, you can still bet on it because this can be a value bet.
Conversely, evaluation in current stats will also be able to give the actual state of a player when the book rates this striker in higher estimation than the actual performance. An example can be in case recent statistics indicate that they are now going through a slump, a bet on the golfer may not be good thinking even though the odds show it as a good bet.
Golf Courses Analysis
The data crunching can also provide the bettors with improved insight on how the course is affecting the performance of the players in order to make informed decisions. There are these statistics that can be employed to relate the skills of a golf player to his advantage or disadvantage in a specific course in professional golf.
Such as a golfer who is long off the tee but not that good and slightly above average with short irons. A golfer who has such an ability can play at a course that is not narrow-fairway and does not have much but some rough. When such a golfer is planted in a course that has miserably narrow fairways and well-bunkered greens he/she will hardly perform well.
It is to be noted that good performance track on a specific course does not necessarily mean that the player will consistently play well in that course. Other aspects are involved. A player who is having a terrible form over the last months is not going to improve in his favorite course.
Managing Risk
Experienced gamblers are aware that betting is a matter of when to risk and which risk to execute. In order to become a good risk taker, one will have to learn to interpret data in some way, which means, simply checking odds is far too insufficient.
The past data and statistics would give you an impression of a player (his or her inconsistencies over the time). Knowing the likelihood of changes in the performance of a player, you will be able to limit the risk relating to betting on them better.
As an example, when there are a lot of inconsistencies in the performance of a given player the higher the payoffs with the gains there are more risks involved with making a bet against the given golfer. You may either not want to put a bet on such a golfer altogether or you may also want to keep your bet size small so as to control your bankroll or you may also wish to put in all the stakes at the risk of incurring huge losses.
Betting in More Ways
There are different types of bets involved when you are betting in golf so you need to know the various types of bets and how they operate. There are generally some of the most popular bet options namely:
- Betting on the outright Market
- Match betting in head to head betting
- Prop bets Placing prop bets You can even make prop bets, which are crazy bets on rare or unusual events.
- Live betting
- Futures
Data analysis of both these types of bets can assist you to diversify your bets which is a crucial mode in risk management and can increase your winning probability.
The various types of data analysis and their influence to the golf betting are analyzed in the table below.
Statistics | Impact |
Course analysis | Analyzing the course helps you understand the player-course fit and its impact on bet outcomes |
Value betting | Comparing player performance with odds helps you identify bets with higher chances of winning than the odds imply |
Player form | A golfer’s recent performance is a good indicator of future performance |
Volatility index | The volatility index helps you determine the risks associated with betting on certain players |
Conclusion
Data analysis and statistics can assist bettors to come up with useful information capable of influencing different betting decisions. Although they do not work as an absolute in determining whether you are going to win or lose, looking at the data certainly puts you in advantage especially as far as betting on golf is involved. By incorporating data and statistics in your strategies on golf betting, you are actually taking your sport betting bet to a higher level, which is beyond crossing your fingers and trying your luck.