Outright Betting: This is one of the most popular types of wager in Golf. You are wagering on a selection to win the whole tournament. In this example above, should you wager $100 on Jordan Spieth to win the US Masters 2019, you will win $950 if Spieth wins the tournament. Including your stake, your total return would be $1050. Occasionally players can be tied for places. When this happens we would implement the Dead Heat Rule.
Top 5/10/20 Betting: This is another popular bet type. You are wagering on a selection to finish inside the top 5, 10 or 20 depending on the market you choose. Occasionally players can be tied for places. When this happens we would implement the Dead Heat Rule.
Dead Heat Rule: A dead heat in betting is when two or more participants tie for a position in an event. This will only affect bets placed on golfers who ‘place’, as the winner will be decided by a playoff if necessary.
The calculation is as follows:
Your original stake is divided by the number of competitors involved in the dead heat and multiplied by the number of places available
Depending on what you placed your bet and our e/w offering at the time, will depend on how your bet is affected.
If you placed an each-way bet and prior to the Masters starting, your bet was considered a 'place' if your player finished in the top 7. Here is the final leaderboard:
Pos |
Name |
1 |
Danny Willet |
T2 |
Jordan Spieth |
T2 |
Lee Westwood |
T4 |
Paul Casey |
T4 |
JB Holmes |
T4 |
Dustin Johnson |
T7 |
Matthew Fitzpatrick (DEADHEAT) |
T7 |
Soren Kjeldsen (DEAD HEAT) |
T7 |
Hidki Matsuyama (DEADHEAT) |
Because there are three players tied for 7th place – meaning nine players in total could be considered as having finished in the top 6 – dead heat rules were applied.
If your player came 7th, then the win part of your each-way bet is a loser.
The remaining place part of your bet is calculated at a fraction of the original odds (generally 1/5 of the odds pre-tournament).
So, if you stuck $10 each-way on H Matsuyama (+3300 pre-tournament) your bet would be settled as follows:
- $10 divided by 3 (number of DH competitors) = $3.33
- $3.33 multiplied by 1 (number of places available) = $3.33
- Odds of +3300 divided by 5 = +560
- TOTAL WINNINGS: $3.33 at odds of +560 = $25.31 (Winnings of $21.98, Stake $3.33)
General Rules:
- If a price for a tie is not available, dead heat rules will apply.
- Tournament bets will only be settled if the minimum number of holes to provide
an official result are completed. In general, this number is 36 holes for European
Tour Golf and 54 holes for US Tour golf. - Where there is a presentation ceremony, markets will be settled on the official
result of the relevant governing body at the time of the ceremony, regardless of
any subsequent disqualification or amendment to the result. - If there is no presentation ceremony, outcomes will be determined in accordance
with the official result of the relevant governing body, regardless of any
subsequent disqualification or amendment to the result (except if an amendment
is announced within 24 hours of the initial settlement of the relevant market in
order to correct an error in reporting the result). - If a player does not start a tournament then all bets on that player will be void.
- Any player starting a tournament but withdrawing or being disqualified before
the end of the tournament will be settled as a loser. - If a tournament is shortened and FanDuel Sportsbook settles the tournament
markets then all bets matched after the last completed round will be void. - In any 'to qualify' market for any tournament the winners are the number of
golfers that qualify for the tournament, whether they compete in the tournament
or not. Markets will be settled after the qualifying stage and any subsequent
disqualification or amendment to results will not count. - If a Tournament/Round is restarted from the beginning, all bets placed after the
official off time will be void, except on markets which have been unconditionally
determined, which will stand. Bets on 2 or 3 balls will only be void if matched
after the tee time of the relevant 2 or 3 ball. - ‘Victory Margin’ markets will be settled on the official tournament result NOT
including any playoff. - For ‘3 Balls’ or ‘2 Balls’ markets, all bets on these markets will stand irrespective
of whether the players play in the same group or pairing as each other.
For a full list of all other terms and conditions regarding Golf, please visit:
https://myaccount.fanduel.com/viewTerms.do
If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.
Resourse: https://fanduelsportsbook.zendesk.com/hc/en-us/articles/