The Masters 2024 - Final Leaderboard

Dead Heats

Dead heats are a common occurrence in golf tournaments as players can finish tied for places. Depending on the number of players tied and the number of places offered, this can affect settlement in a variety of ways.

If a bet was struck on S Torrence to win the tournament Each Way (at a 1/4 the odds, 3 places) settlement would be determined as follows:

As 3 players were tied for the remaining place left in the market - 1st and 2nd finished clear of the field - the stake is divided by the following:

Position - Selection - Price

1 - T Woods - 6/1

2 - L Westwood - 8/1

T3 - J Nicklaus - 14/1

T3 - N Faldo - 16/1

T3 - S Torrence - 28/1

(number of places remaining)
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(the number of participants involved in the dead heat)

In the above example, S Torrence backers would have their stake reduced to 1/3rd of their original stake (1 place remaining and 3 involved in the dead heat). The price taken remains unaffected, it is only the stake that is subject to a reduction.

The principles would then be the same if the bet had been struck and 4 places were offered, i.e. 2 places remaining, 3 participants in the dead heat = reduced to 2/3rds of original stake.

For further information on dead heat rules and settlements please see our dedicated page here