Is it possible to make a few quid on golf betting?

Having remembered reading an article in a 2013 edition of Golf World about golf betting I decided to do a bit of "Googling" on the person the article was based on - Steve Palmer. Now my Googling research skills only came into play a couple of months after the article was written, so it was only a passing interest to put it mildly at the time.
What I did discover was that Steve writes for the Racing Post in the UK, I also discovered that the best place to check out Steve's tips are in the Racing Post itself. When I finally got round to picking up a copy of the Racing Post, which was also the week of the US PGA, Steve's tip Jason Dufner happened to win that event. Naturally being a skeptic I was not immediately won over, however I did say that I would have another look back over the article and see if there was anything to golf wagering when I got the chance.
In his Golf World article Steve maintains that if you had a detailed, in depth knowledge and learnt each tour players form you could make some money at golf betting. Again the skeptic in me came back out and I thought surly no one has the time to learn the level of detail required to be successful at golf punting.
Is it not the case that only a very small percentage of people who have a punt on golf regularly come out on top, much like any other sports betting? Is there not a truism that being a successful gambler is one who only breaks even?
Again I turned to the font of all knowledge online, Google, to do a little bit more research. One particular site that did peak my interest is http://www.golfbettingsystem.co.uk. This site seemed to apply a logical points system depending on a wide range of criteria, from a players past performance on the course the tournament is being played on, or their performance on a similar type course, ie a links course.
A ranking system of what they believe the more important credentials are to be successful on the course are then applied. For example, recent tournament form, greens in regulation, par 4 performance and par 70 positive are some of the criteria applied to filter the field down.
For this weeks PGA event, the OHL Classic At Mayakoba, which is curiously held in Mexico, http://www.golfbettingsystem.co.uk has a list of25 players whom they think are most likely to win. I'm going to take the top five to see how they get on. The top five then based on a logical points predictor system are:
1. Charles Howell III
2. Harris English
3. Russell Knox
4. Andrew Svoboda
5. Tony Finau
OK, now switching our attention to this week's European Tour event, the Turkish Airlines Open let's see the top five predictions for this event.
1. George Coetzee
2. Alexander Levy
3. Henrik Stenson
4. Jamie Donaldson
5. Sergio Garcia
Looking down through the list of names on the top 25 it does look to be quite a strong field in fairness to Turkish Airlines and must be well supported. On a side note it's nice to see a stronger field in a European Tour tournament over a PGA Tour event for once.
Let's check back next week to see how these predictions get on and if a skeptic like myself can be won over - eventually...