Latest Golf News: Sports Bettors Risk High Stakes for Low Returns as 2025 PGA Tour Begins

Latest Golf News: Sports Bettors Risk High Stakes for Low Returns as 2025 PGA Tour Begins

By Michael Thompson

January 3, 2025 at 09:04 PM

Golf betting continues to evolve with significant developments across the PGA Tour and major championships. The 2025 PGA Tour season launched at Kapalua with The Sentry, featuring a $20M purse exclusively for last year's winners and Tour Championship qualifiers.

Recent major developments include Las Vegas Sands signing two-time major winner Collin Morikawa as brand ambassador, while the PGA Tour expands its integrity program to enhance sports betting monitoring.

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The PGA Tour's landscape is changing with new investments from Strategic Sports Group and potential backing from notable figures like Steve Cohen. Sports betting partnerships continue to grow, with FanDuel securing North Carolina market access through the PGA Tour and ESPN Bet partnering with Quail Hollow Club.

Notable betting incidents include the suspension of Korn Ferry Tour player Jake Staiano for a $116 wager, highlighting the strict enforcement of betting regulations in professional golf.

Major tournaments have seen significant betting action, with World No. 1 Scottie Scheffler consistently drawing heavy action, particularly during his Masters victory which proved costly for sportsbooks. The Ryder Cup also generated substantial betting interest, with odds fluctuating dramatically as Europe dominated the opening sessions.

Innovation in golf betting continues with Hard Rock Bet introducing microbetting lines for LIV Golf events and DraftKings opening a sportsbook at TPC Scottsdale. The PGA Tour's merger with LIV Golf has been welcomed by US sportsbooks, potentially creating new opportunities for bettors.

Tribal casinos maintain a strong presence in golf, dominating Golfweek's Best Casino Golf Course Rankings. New venues like Las Vegas' Atomic Golf complex are expanding golf entertainment options, while the Netflix Golf Cup plans to feature F1 drivers competing against PGA stars at Wynn Las Vegas.

The sport's integrity remains a priority, with the PGA Tour strengthening its monitoring systems and partnerships with betting operators to ensure fair play and legitimate wagering activities.

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