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GOLF BETTING RULES

Futures

Player must Tee OFF for action. Wagers on a golfer who doesn’t play at the championship are rated as No Action, and most of bets are reimbursed, (unless otherwise stated). A golfer is deemed to have played he or she has teed off. In the event of a player withdrawing after having teed off, wagers on that player is going to be lost. All prospective stakes on to win the championship are depended on the player given the Trophy and contains any playoff game.
In the event a tournament does not go the specified number of completed holes (usually 72) and the tournament is shortened by PGA officials, the winner who has officially been decided by the PGA will be the winner for wagering purposes. If at least 36 holes have not been played, all wagers will be deemed NO activity, and stakes refunded.
In the event that two (or longer ) golfers are tied for the lead in the end of regulation play, a sudden death or given hole playoff, will be utilised to determine the winner of this tournament. In cases like this, the winner of the playoff is that the winner for betting purposes.
The”Field” contains all players not offered by name.
Match-Ups
Matchups for the entire championship are recorded as PGA, EURO PGA or LPGA.
Matchups for individual rounds are recorded based on Round. E.g. Round 1, Round 2 etc..
Players are paired; they may or may not be enjoying together.
Both players must tee-off for action.
If both players tee off, the golfer with the most completed holes is the winner of the match-up; if the two players complete the same amount of holes, then the one with the lower score is the winner.
If one player misses the cut, the other player is deemed the winner. If both players miss the cut, then the lowest score after the cut was made will choose the winner.
If a player is disqualified or withdraws after starting, either before the completion of 2 rounds or after both players has made the cut, the other player is deemed the winner.
If a participant is disqualified during the 3rd or 4th rounds, if the other player in the game bet has already missed the cut, the disqualified player will probably be considered the winner.
In case of a tie wagers will be a push and stakes refunded.
A playoff for the championship won’t be employed to ascertain the results of championship matchups. If players are tied after the given number of tournament holes are completed then the matchup will be deemed a tie.
Tournament matchups still have actions in a postponed or shortened tournament provided at least 36 holes are played.
Individual Round matchups have actions in the event of any delay or postponement providing the stated round is completed.
3 Balls
Golf 3 chunks are for the said Round just and all 3 players must tee off for action. In the event of a tie at the end of the round dead heat rules will apply.
Groups
Group wagers (Top American, Top European etc.) are for the whole tournament and include just those players listed. Players should tee off for action. In the event of a tie dead heat rules will apply.
Dead Heat Rule:
For golf wagers containing more than two participants (3 chunks or groups) where two or more players tie to the same place the dead heat rule is applied as follows:
The wager is reduced based on the amount of players tie and is then employed to the full odds with the rest of the stake deemed as lost.

As an instance:
You wager $100 at odds of +200 and two players tie for the position.
Half the bet is lost -$50
Another half wins and is paid the exact chances. So $50 wins +200
If 3 players tie to the same position then:
Two thirds of this stake is lost -$66.66
The remaining third $33.33 wins.

Read more here: http://prawodobiznesu.ceranek.pl/?p=12703

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Jakub Ceranek

Jakub Ceranek

Radca prawny. Partner.

Specjalizuje się przede wszystkim w prawie procesowym. Reprezentuje klientów w postępowaniach przed Sądem Ochrony Konkurencji i Konsumentów w Warszawie oraz zajmuje się także zagdanieniami związanymi z prawem rolnym. Specjalizuje się w dochodzeniu odszkodowań.

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