re: Different Golf Gambling Games

I play in a money round every Sunday. Usually between 6 and 16 people show up. Manage the group in a group text. Cancel tee times on Friday based on the number of people that confirm they're in for the round.

The main pot is $15 a person, $5 per side and $5 overall. You can have 3 different winners in the main pot, or one person could take it all. It is handicap adjusted and one of the guys maintains the handicap in the group. The handicap is strictly how you play in this round every week and not your own kept handicap. Not a perfect system, but it holds true enough to be fair.

We do trash bets: $1 for greenies, birdies, sandies and skins. $5 a person for eagles. $25 a person for hole in ones.

We also do side bets with individual players. The standard is a skin game $5 a side with trap bets.
If player X is beating player Y by more than 1 skin on the front 9, but player Y beats player X on hole 9, the bet is cancelled and $0 paid out.
If player X is beating player Y by 1 skin going into 9, and player Y wins 9, the bet is flipped and player Y owes X $5.
And lastly, if player X is winning going into 9, and beats player Y's score on 9 also, the bet is doubled to $10.
So your max liability on a 9 hole stretch is $10, or $20 for the whole round. It's a bit confusing at first, but is easier to keep track of after a couple of rounds. The beauty of the trap bet is you could be losing 4 holes going into 9, and still have a chance to get out of the bet. But you can also lost another 5.

For side bets, you can name whatever format you want though. Some just do a $5/$5/$5 or cancel the trap bets.

I usually have about $100-$150 in bets going on, and usually walk away within $30 of what I came with.