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LIV Golf heads to mainland Europe for the first time in 2023. The collection of top-tier golfers that jumped ship and left the PGA tour behind will be in the Spanish region of Andalusia this week, where the LIV Golf Invitational will take place at Real Club Valderrama.
Ahead of the event in Spain, it’s time to see if we can pinpoint some each-way value. Which golfer may just be a little too big in the early betting and who can play well at a sizable price? Here goes.
What is Each-Way Betting?
Before we look at each-way bets ahead of the golf in Spain’s second-largest region, let’s quickly go over each-way betting in golf for anyone who isn’t quite sure.
Each-way betting involves placing a single bet that is divided into two separate parts. Essentially, it is a larger bet comprised of two smaller bets.
In a golfing context, an each-way wager is one bet on the golfer to win the tournament and another bet on the golfer to finish in one of the predetermined positions specified by the bookmaker. This typically includes the top five or six. This week in Spain, most bookmakers have the places set at five.
Now, suppose you place a bet on a golfer and they emerge as the winner. In this scenario, you will win both parts of the bet. However, if the golfer finishes within the designated places but does not secure the first position, you will lose the portion of the bet placed on the win but still win the portion placed on the place, resulting in a profit depending on the odds. Typically, for significant golf tournaments like the US Open, the place component of the bet pays out at one-quarter of the full odds.
Let’s examine an example to illustrate this further:
Imagine you place a £10 each-way bet on a golfer with odds of 20/1 to win the LIV Golf event this week. This means you are allocating £10 for the win and £10 for the place. If the golfer wins the tournament, you’ll win both bets. However, if the golfer falls short of first place but finishes in one of the predetermined places, such as third, you will lose the initial £10 (the win part) but receive a payout for the second £10 (the place part). In this example, the payout for the place bet might be £10 at 5/1 odds, resulting in a total return of £60. How is this calculated? Well, 5/1 is one-quarter of 20/1 (£10 @ 5/1 = £60).
Each-Way Betting Tips
There are a couple of players who catch the eye in the betting this week, and I’m going to start with a player who is quite an obvious choice.
Sergio Garcia @ 14/1
The sizzling Spaniard hasn’t won for a while, with his last victory coming back in 2020, but he’s played well on a few occasions since joining LIV Golf, most notably when finishing second in Singapore earlier this year, losing to Talor Gooch in a play-off.
The key this week could be the return to home soil. Garcia has always played well in his native Spain, with seven of his 16 European Tour victories coming on Spanish soil. We’re also talking about a player who seemingly loves to play in Andalusia, especially at this week’s venue, where he’s won not once, not twice, but thrice. Such course form is very, very hard to ignore.
With two top-10 finishes to his name since late April, Garcia doesn’t have is game in bad shape right now. Combine this with his love for the venue, where he’s not only won three times but has finished runner-up three times too, and playing in Spain in general and what you get is an attractive each-way poke at 14/1.
It’s also worth noting that Real Club Valderrama is a course that places quite a lot of importance on being precise off the tee, so it bodes well that the 36-time professional golf winner ranked inside the top three for driving accuracy at the last LIV Golf event.
Dean Burmester @ 40/1
At bigger odds, I quite like the look of Dean Burmester, who is available at odds of 40/1 with Boylesports, which right now is the only firm offering six places on each-way bets.
Burmester has been in decent form on the LIV Golf scene this season, finishing eighth or better in three of his five tournaments since the start of April.
Moreover, the man born in Zimbabwe has some vital experience that may aid his cause this week. Burmester is a two-time European Tour winner, and one of those victories came in Spain when he landed the Tenerife Open back in 2021. That’s not his only form on Spanish ground either. He also finished fourth at the Canary Island Championship in 2021. Such efforts should give him a solid platform from which to build this week, and when we factor in that he’s turned in some decent performances of late, the 34-year-old starts to look like a steady each-way bet at odds of 40/1.
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