Charles Schwab Challenge Odds: PGA Tour Returns With Rory As Betting Favorite

Posted By Esten McLaren on June 10, 2020

Golf fans and sports bettors rejoice! The PGA Tour returns Thursday, June 11, with the Charles Schwab Challenge at Colonial Country Club in Fort Worth, Texas. The first tournament since the cancelation of The Players Championship in mid-March will feature a star-studded field including each of the top five golfers in the Official World Golf Ranking.

DraftKings Sportsbook and FanDuel Sportsbook have already posted odds for the outright tournament winner. The loaded field sees prices greatly suppressed at the top but tremendous value exists for many prominent names going overlooked.

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Charles Schwab Challenge: Opening outright odds and field breakdown

World No. 1 Rory McIlroy is the heavy tournament favorite on both sites. He’s +800 at DraftKings and +800 at FanDuel. Defending champion and 30th-ranked golfer Kevin Na is a lofty +5000 at DraftKings and +5500 at FanDuel.

Odds To Win

Game
06/11/2020
(Eastern Time)
(EST)
Rory McIlroy
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+800
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+900
Jon Rahm
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+1100
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+1200
Justin Thomas
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+1600
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+1600
Brooks Koepka
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+2000
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+2200
Webb Simpson
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+2000
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+2000
Bryson Dechambeau
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+2200
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+2000
Dustin Johnson
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+2800
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+2500
Patrick Reed
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+2800
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+2200
Xander Schauffele
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+2800
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+2900
Sungjae Im
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+2800
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+3100
Rickie Fowler
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+3300
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+2900
Collin Morikawa
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+3300
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+3400
Jordan Spieth
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+3300
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+3100
Tony Finau
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+4000
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+3400
Marc Leishman
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+4000
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+4200
Justin Rose
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+4000
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+3400
Scottie Scheffler
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+4000
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+4200
Jason Day
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+5000
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+4200
Matthew Fitzpatrick
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+5000
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+4800
Matt Kuchar
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+5000
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+4200

View odds for every golfer at DraftKings Sportsbook and FanDuel Sportsbook

Three golfers on both sites are priced below 20/1. Jon Rahm and Justin Thomas, respectively, follow McIlroy, while the sportsbooks differ on Webb Simpson and Bryson DeChambeau in the No. 4 and No. 5 spots.

Former World No. 1 Brooks Koepka sees his inflated odds persist following a horrid start to the 2020-21 season which saw him miss the cut in two of seven events with one withdrawal due to injury. He is +2500 at FanDuel and +2200 at DraftKings. Major champions such as Justin Rose, Gary Woodland, Shane Lowry, Louis Oosthuizen, Jordan Spieth, Jason Day and Bubba Watson all carry odds longer than +4000. Phil Mickelson is among the biggest long shots at +10000 at FanDuel and +12500 at DraftKings following his participation in The Match II on Sunday, May 24.

Henrik Stenson, Adam Scott and Tyrrell Hatton are the only golfers with a win on the 2020-21 PGA Tour season not in attendance. Two-time winner this season, Brendon Todd, is +15000 at both books. Cameron Smith, Sebastian Munoz, Lanto Griffin, Cameron Champ and Nick Taylor are among the others with wins this season priced above +10000.

More lines and odds will be posted throughout the coming week as the field becomes solidified. With no fans permitted at these first few PGA Tour events, there will be tremendous opportunities to back sleepers and long shots.

Charles Schwab Challenge: What it means for sports betting

The Charles Schwab Challenge marks the next step in the return of sports betting amid the COVID-19 pandemic. The UFC and NASCAR have been running events without fans the last several weeks, while PGA Tour bettors were able to get some action on The Match and the TaylorMade Driving Relief skins event in May.

The unprecedented lull in the sporting and betting worlds, coupled with the ultra-competitive field at Colonial Country Club is sure to bring increased action to the sportsbooks. William Hill Sportsbook compared betting action on The Match to a regular-season NFL game. DraftKings and FanDuel reported five-figure wagers on both the Tiger Woods/Peyton Manning and Phil Mickelson/Tom Brady sides.

The anticipation and quality of the fields at these first few PGA Tour events could see betting action similar to majors. The results are also sure to drastically affect the futures odds for the PGA Championship, US Open and Masters later this year. Those markets have remained opened since mid-March, but with no golf being played there have been few, if any, changes to the odds.

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