• Loading stock data...
Friday, December 13, 2024

PGA Tour Aims to Educate and Engage Fans With Live Odds Rollout

  • The Tour rolled out its first live odds integration for the Wyndham Championship.
  • In-play betting is believed to increase engagement and attract a more casual consumer.
PGA Tour Aims to Educate and Engage Fans With Live Odds Rollout
Rob Kinnan-USA TODAY Sports

The PGA Tour rolled out its first-ever live betting odds integration into a broadcast Aug. 13 at the Wyndham Championship, taking the logical next step in a developing space across pro sports. But it did so as an experiment, testing the feature on its most avid fans. 

The odds debuted on PGA Tour Live, an over-the-top streaming service mostly used by seasoned golf fans – where domestic subscribers are already up 67% since the return to golf in mid-June. The Tour has complete control over what goes on the air – from visuals to how commercial partnerships are activated – as opposed to launching the feature through its partnerships with broadcasters like the Golf Channel, CBS and NBC. 

With the integrated content, the Tour is looking to do two things: educate golf fans who may be new to sports betting, and provide mechanisms to engage with both established viewers and those who might be less familiar with the sport. 

On-screen graphics during featured groups coverage, for example, not only contain odds, but also have explanations for what those odds mean. A graphic from the broadcast listed “Kevin Kisner over Justin Rose (+110)” for matchup betting odds, and explained just below: “$100 bet wins $110.00.”

PGA Tour Live

Prior to the morning featured groups’ tee times, the PGA Tour Live host also does a short video call with an analyst who provides their favorite picks and bets for the upcoming rounds.

“We’ve looked at this space when it began developing in 2018 as something we very much wanted to do, we very much wanted to engage with, but we wanted to do it in a very appropriate manner – in a manner which was appropriate for our brand and for our tournaments, for our sponsors, for our fans, et cetera,” PGA Tour Senior Vice President of Media and Gaming Norb Gambuzza said. “So we began looking at all the different ways we could get involved — all the buttons we could push, all the levers we could pull. But in the last six to nine months, those efforts have really become accelerated.”

In July, one year after inking a multiyear agreement to make DraftKings its official daily fantasy sponsor, the PGA Tour made the company its official betting operator and hinted at the imminent integration of live odds betting. In-play betting is believed to increase engagement and attract a more casual consumer.

Instead of forcing bettors to predict outcomes of full events, in-play betting creates opportunities for near-constant quick exercises. 

Votto homer

Simplebet Investor List Showcases Bullish Push Around In-Play Betting

In Europe, more than 70% of bets come from in-play opportunities. Earlier…
August 12, 2020

“When the Supreme Court overturned the Professional and Amateur Sports Protection Act in 2018, it kind of set the stage for every sports league that’s operating in the United States to put itself on a path of developing and executing a strategy,” Gambuzza said. “And sports betting is here. It is happening.”

All American major professional sports have now partnered with sportsbook operators, either at the league level or on a team-by-team basis. Major League Baseball has an investment stake in DraftKings and is a partner, and WWE founder Vince McMahon owns an undisclosed stake. When McMahon’s rebooted XFL launched in February, broadcasts notably included the closing spread and total on their scorebugs at the bottom of the screen and broadcasters mentioned betting on-air. 

For DraftKings, partnering with the Tour was a natural choice. Golf is already among the company’s top sports offerings, DraftKings Chief Business Officer Ezra Kucharz said, and mobile sports betting provides an opportunity to capture a younger, tech-savvy audience. 

“Golf is steeped in tradition with a dedicated fanbase, and sports betting is a great way to broaden appeal and drive engagement,” Kucharz said in an email. “Sports and fans are dynamic, and we see the legal sports betting technology boom as a natural next generation for golf and other sports while still maintaining those traditional pillars.”

According to MarketWatch, as of 2016, the average age of a PGA Tour viewer was 66, the highest of any major pro sport in the U.S.

Golf, independent of the Tour, had tested out live odds before. In May, “The Match II” – featuring Tiger Woods, Phil Mickelson, Peyton Manning and Tom Brady – took the feature for a test run. 

Headlined by Big Names, The Match Quickly Shifts Focus To Charity

Almost immediately following the November 2018 head-to-head match play golf challenge between…
May 24, 2020

“Our goal when looking at what they did in The Match was to determine, number one, if it is adding value to the TV product, which we thought it did. Number two, just as importantly, was there negative feedback from viewers that we should be paying attention to? And I think up and down across the PGA Tour, if you talked to DraftKings and probably even Turner who showed the match itself, the feedback was not negative at all,” Chris Wandell, PGA Tour vice president of media business development, said. “In fact, it was more, more positive than neutral. So I think we looked at that as a positive sign that we could try this on PGA Tour Live.”

The Match II, perhaps unsurprisingly, was the most-watched event in golf history.

Moving forward, the Tour will look to expand odds integration to the aforementioned TV partners, and then eventually, take things international through its deal with Discovery Golf. 

“But that’s almost like a totally separate story. So we’re starting here,” Gambuzza said. “It’s something we own, we control – it’s core fans. But we are thinking long and hard about how this begins to proliferate elsewhere.”

Paramount to the Tour’s plans, though, is that all sports betting content be “appropriate.”

“I think we’re also looking at this like we’re going to experiment, we’re going to see how it does. I’ve said before that we’re going to try things and we probably won’t succeed at everything,” Gambuzza added. “And when we fail, our goal will be to fail and fail fast.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 4, 2024; Kansas City, Missouri, USA; Broadcaster Scott Van Pelt prior to a game between the Tampa Bay Buccaneers and the Kansas City Chiefs at GEHA Field at Arrowhead Stadium.

Scott Van Pelt Headlines ESPN’s Talent Lineup for Tiger’s New Golf League

TGL launches in January with backing from Tiger Woods and Rory McIlroy.

NFL Scheduling Gambit Pays Off With Two Blockbuster Sunday Games

The Week 15 schedule has a game pairing seen only once since 1970.
Sep 13, 2024; Bolingbrook, Illinois, USA; (Editors Notes: Caption Correction) Bryson DeChambeau of the Crushers GC and Brooks Koepka of the Smash GC shake hands after the first round of the LIV Golf Chicago tournament at Bolingbrook Golf Club.

DeChambeau, Koepka Hope Showdown Helps Unite LIV–PGA Tour

The golfers will compete against Rory McIlroy and Scottie Scheffler.

Featured Today

Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?
LA Galaxy forward Dejan Joveljic (9) celebrates with midfielder Riqui Puig (10) after scoring a goal against Seattle Sounders FC in the second half in the 2024 MLS Cup Western Conference Final match at Dignity Health Sports Park
December 6, 2024

With or Without Messi, Major League Soccer Is Barreling Into the Future

After the Cup final, the league looks to accelerate its growth.
Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.
December 2, 2024

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.
DraftKings

Sens. Say DraftKings, FanDuel May Have Conspired to Crush Competition: ‘One Company’

The senators asked the FTC and DOJ to investigate the gambling companies.
DraftKings
November 8, 2024

DraftKings Lowers Full-Year Guidance After Brutal NFL Outcomes

DraftKings cited a tough start to the fourth quarter in lowering its 2024 guidance.
December 4, 2024

Poker Pro Pleads Guilty to ‘Massive’ Sports Betting Tips Fraud

Cory Zeidman ran a scheme that amassed $25 million over 14 years.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Sports betting Analyst Steve Coughlin gives out high-fives on the set of ESPN's College Game Day at the University of Texas, ahead of the Longhorns' game against the Georgia Bulldogs in Austin, Oct. 19, 2024.
November 7, 2024

ESPN Bet at Critical Point As Penn Reports Quarterly Earnings

The two sides agreed to a 10-year deal last August.
Nov 4, 2024; Kansas City, Missouri, USA; Kansas City Chiefs wide receiver DeAndre Hopkins (8) celebrates with quarterback Patrick Mahomes (15) after scoring against the Tampa Bay Buccaneers during the second half at GEHA Field at Arrowhead Stadium.
November 6, 2024

Missouri Becomes 39th State to Legalize Sports Gambling

Missouri was the only state with sports gambling on its ballot this election cycle.
November 5, 2024

On the Ballot: Sports Betting, Former Athletes Impacting the 2024 Election

Several U.S. Senate candidates have sports backgrounds, while Missouri voters will consider legalizing sports betting.
Tony Hinchcliffe at Donald Trump rally.
November 4, 2024

Sports Betting Companies Holding Comic at Arm’s Length After Trump Rally

Hinchcliffe drew criticism over his comments at a rally for Trump.