Dead heat in golf betting is when two or more participants tie for a position in an event. In golf, you generally cannot have a dead heat for the actual winner of a tournament, as extra holes are played to decide the overall winner.
This is not the case for the “placed” golfers. It is common that within the majority of golf tournaments a dead heat of some description may occur. In such instances, dead heat rules which state that the stake should be divided by the number of competitors involved in the dead heat and then settled at normal odds would apply.