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The Ladies Professional Golf Association (LPGA) is the American organization for female professional golfers. The organization, with headquarters in Daytona Beach, Florida, is best known for running the LPGA Tour, a series of weekly golf tournaments for elite ladies golfers from around the world which runs from February to December each year. In recent years the prize money on the LPGA Tour exceeds $58 million.
The LPGA was founded in 1950 by a group of 13 women. It is now the oldest ongoing women's professional sports organization in the United States.
Most of the LPGA Tour's events are held in the United States. In 2008, three tournaments will be held in Mexico and one each in Singapore, Canada, France, the United Kingdom, China, South Korea, and Japan. Four of the tournaments held outside North America are co-sanctioned with other professional tours. The Ladies European Tour co-sanctions the Evian Masters in France and the Women's British Open, held the following week. The other two co-sanctioned events—the Korea Championship (LPGA of Korea Tour) and Mizuno Classic (LPGA of Japan Tour)—are held in successive autumn weeks in Asia. This Asian swing formerly included a tournament in Thailand, but that event was dropped for 2008 and replaced with a new tournament in China.
The LPGA's annual major championships are:
The betting odds & lines for ladies golf are in the same format than men's golf odds. The most basic form of golf betting involves picking the winner of a tournament. Typically the sportsbook will list 30 or more female golfers along with a field (all others) option, at various odds.
A typically example for LPGA betting odds are the next , Lorena Ochoa may be listed at 2-1, Annika Sorestam at 25-1, Paula Creamer at 100-1, etc. If you bet $10 on Annika Sorestam at 25-1 and she goes on to win the tournament, you win $250 plus your $10 back, for a total payoff of $260.
Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head to head wager, with a betting line on each golfer set by the sportsbook. The golfer with the better (lower) score wins the matchup. (If one golfer continues play in the tournament after his opponent misses the cut, the golfer who continues play wins the matchup.)
Especially in Major Golf Tournaments, the sportsbook offers odds on unusual golf propositions, such as the over/under on the winning score, the over/under on the lowest round by any golfer or the over/under on the finishing position by a particular golfer.
Jazzsports Casino & Sportsbook offers also additional information about LPGA such as news, live scores and tournaments coverage.
All outright wagers are settled on the player winning the Tournament and includes any playoff. Should the Tournament be reduced from the scheduled number of holes any wagers placed after the final completed round will be void. If the scheduled number of holes in a Tournament are not completed all outright bets are void unless an official winner is declared, in which case outright bets will stand.
The winner will be the player with the lowest score over 72 holes. Should one player make the cut and his opponent miss it, the player making the cut shall be deemed the winner.
The player scoring the lowest score over the 18 holes stated will be deemed the winner. Both players must tee off for the wager to have action. Should one player withdraw before the start of the round all wagers shall be void. Should a player retire or be disqualified during the round the remaining player shall be deemed the winner. Irrespective of scores at the time. A tie price is always quoted. Should both players shoot the same score over the 18 holes the tie line will be deemed the winner, and wagers on the named players losers. Note: Golf wagers on an event will still have action as long as the event is played within a week from the original schedule date or is played on the same tournament.
All props will be graded 2-4 hours after the event is completed.
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