Join Nicspicks mailing list for free weekly golf betting tips, direct by email

EW Golf Staking Plan



In this section I'm going to delve into some mathematics behind my longterm consistency in producing profit from golf betting, and outline a strategy I recommend for those following my weekly picks. Many people fail to realise that picking winners isn't enough - to maintain an edge on the market, you need to have a good strategy and staking plan in place to exploit value and manage your bankroll.

I generally allocate 10 units to a full field golf event; this equates to just 4% of my bankroll. I target five or six players at certain odds (all above what I think they should be) and stake proportionally so that if any were to win or place, they would return broadly the same amount averaging out over a full season

For example:

1.5 units ew @ 30/1 would return 59.25 for a win or 12.75 for a place
1 unit ew @ 50/1 would return 64.5 for a win or 13.5 for a place
0.5 units ew @ 100/1 would return 63.5 for a win or 13.0 for a place

I tend to look at the event as a whole in a five or six v the field manner rather than each player individually. I make my picks so that just one place would return me in the range of 130%-170% of my tournament outlay (30-70% profit). This means that only one place from every two events would return approximately 75% of my yearly investment and here's where the winners come in: The places keep the bankroll ticking over while just a few winners would put you into profit for the season. Regular followers will know that in the four seasons since blog inception, Nicspicks has averaged over ten winners per season at av. odds of around 50/1.

A good staking strategy is vital to profiting from golf betting and hopefully this article will prove as a useful guide. If you enjoyed the read, please retweet to your followers on twitter and feel free to comment in below


How Nicspicks Works...

Nicspicks provides weekly golf betting tips and previews across the PGA Tour and European Tours. The golf betting tips and insights are free on site, with all tips available through the members mailing list early Tuesdays.

I will be implementing a new staking plan in 2020, targeting different areas of the markets to try and tackle the current evolution of the golf betting game, which has now become so competitive. IMO the terms we are betting against the bookmakers with are for the most part, outdated.

What you need:
We will be betting using odds on Betfair Sportsbook where possible, so have access to an account. Betfair offer each way 7 and even 8 places on most events throughout the year. £100 in free bets are on offer when you sign up through this link. Backing to lay big outsiders and In play trading will be a feature on Nicspicks throughout the season and a Betfair exchange account is essential to get involved in this. Click image below:


Bet now at betfair.com

Follow me on Twitter for extra nuggets of information and insights on different markets etc, and make sure to browse the nav bar and menu for informative articles and different features in the golf betting tips world

TIPS jug...

Follow Nic's Golf Betting Tips by Email

Popular On Nicspicks Golf Betting Tips

Follow for Nic's free golf Twitter Tips and expert insights Updates