PGA Championship Odds And Betting Guide For 2024 Golf Tournament

PGA Championship odds

The second major of the golf season will take place May 16 through 19. Updated PGA Championship odds will soon be available to bet on. The 2024 tournament is taking place at Valhalla Golf Club in Louisville, Kentucky. This past PGA Championship was won by Brooks Koepka, who had +2000 odds to win when the tournament began.

PGA Championship odds

Updated PGA Championship odds are available below for the 2024 golf major. Scottie Scheffler is the PGA Championship betting favorite at most sportsbooks with a price around +950.

PGA Championship favorites

Jon Rahm : The OWGR No. 1 player will look to go back-to-back in majors after winning The Masters in April. Rahm was T-15 at the RBC Heritage in mid-April and finished as the runner-up at the Mexico Open in late April. The Spaniard had +750 odds to win the PGA Championship on May 10.

Scottie Scheffler : Rahm has been masterful this golf season but Scheffler has been nearly as hot. Scheffler won the WM Phoenix Open back in February and also captured the trophy at the THE PLAYERS Championship back in March. He was T-10 at the Masters and T-11 at the RBC Heritage.

Rory McIlroy : McIlroy’s struggles began at THE PLAYERS Championship in March when he was a missed cut. He then was an MC at The Masters and finished a disappointing T-47 at Quail Hollow in early May. Despite the lackluster play of late, McIlroy had the third shortest odds to win at Oak Hill as of May 10.

Brooks Koepka : Koepka has mostly been tearing it up in LIV tournaments. In his last four tourneys he’s earned an outright win, a T-11, a 3 and a T-12. And of course, he was excellent at the Masters in April with a T-2.

Patrick Cantlay : Cantlay has played consistently strong this season with five top 5 finishes. His last strong outing came at the Zurich Classic when he finished T-4. He was T-21 at the Wells Fargo in early May.

Xander Schauffele : Schauffele is in great form as he hasn’t finished worse than T-10 since The Masters. He was the runner-up at the Wells Fargo Championship but hasn’t been able to seal the deal on a win since last July.

Collin Morikawa : Morikawa enters the week +2400 to win the PGA Championship on most boards. He’s slumping with three missed cuts in his last six tournaments. He did get up for the Masters in April, however, finishing T-10.

Tony Finau : Finau showed great mental toughness in his Mexico Open victory in late April, holding off World No. 1 Jon Rahm. Finau played bogey-free golf for a 5-under 66 to silence the Spaniard. The 33-year-old Finau hasn’t missed the cut since early November.

Justin Thomas : Thomas rallied from a seven-shot deficit a year ago to win the PGA Championship. Of course, that was at a different course (Southern Hills) than this one. Thomas still finds himself among the favorites at the PGA Championship. He had +2000 odds to win in 2023 as of May 11. Going back-to-back is certainly not impossible as recent history shows. Brooks Koepka went back-to-back in 2018-19.

Jason Day : Jason Day shot to near the top of PGA Championship odds boards following his win at the AT&T Byron Nelson this past weekend. It was Day’s first tournament win in five years. Day finally looks to be healthy as he has top 20 finishes in seven of his last nine tournaments.

Viktor Hovland : Viktor Hovland had +2800 PGA Championship odds as of Monday morning. Hovland was T-7 at the Masters last month but had mediocre performances at the RBC Heritage (T-59) and Wells Fargo (T-43).

Matthew Fitzpatrick : Fitzpatrick has been a bit boom or bust this season. He has four Missed Cuts in 13 tournaments played but also won the RBC Heritage in April and has finished top 20 seven times. Fitzpatrick’s last tournament played was the Wells Fargo where he finished T-35.

Here we will look at how PGA Championship odds are changing in the days leading up to, and during the tournament at Oak Hill.

GolferPGA Championship Odds May 9PGA Championship Odds May 15PGA Championship Odds May 17PGA Championship Odds May 19
Jon Rahm+750+750+750+11000
Scottie Scheffler+900+750+750+230
Rory McIlroy+1000+1400+1600+2000
Justin Thomas+1400+2500+3500+6000
Jordan Spieth+1600+4000+4500+10000
Xander Schauffele+2000+1800+1600+4000
Collin Morikawa+2000+2800+2800+3500
Brooks Koepka+2000+2000+2000+4000
Patrick Cantlay+2200+1800+1600+4000
Cameron Smith+2200+2800+3500+6500
Max Homa+2500+3500+4000+3500
Dustin Johnson+2500+2800+3000+700
Viktor Hovland+2800+2800+3500+1200
Tony Finau+2800+2500+2200+4000
Cameron Young+2800+2800+3000+13000
Sungjae Im+3500+3500+3500+500000
Shane Lowry+3500+8000+8000+25000
Matthew Fitzpatrick+3500+2800+3000+40000
Hideki Matsuyama+3500+5000+5500+7500
Sam Burns+4000+5000+6000+500000
Jason Day+4000+2500+2800+50000
Joohyung Kim+4000+8000+8000+60000
Tyrrell Hatton+5000+3500+3500+100000
Joaquin Niemann+5000+7500+6500+30000

Oak Hill Country Club

Oak Hill Country Club will make its first return to the TOUR schedule for the first time since hosting the 2013 PGA Championship. Since then, Gil Hanse has led renovation projects to modernize the course, adjusting for the length of the modern day player. With these adjustments, we should expect to see an advantage for the longer drivers in the field, and an all around tee to green test we’ve grown familiar seeing in Major championships.

In the absence of Course History, the top-5 players in terms of Event History at the PGA Championship are Jason Day, Tiger Woods, Patrick Reed, Rory McIlroy, and Brooks Koepka which continues the prevailing trend of the cream rising to the top at Major championships.

Phil Mickelson’s victory at the 2021 PGA Championship remains a shocking exception to the betting trends at this event over the last 10 years. Mickelson and Jimmy Walker are the only two winners over that span who’ve opened at longer than 45-1 odds. With that said, it is best to find exposure to elite, in-form players when betting the PGA Championship.

OAK HILL COURSE SPECS

  • Yards: 7,394
  • Par: 70 (4x 3s / 12x 4s / 2x 5s)
  • Greens: Bentgrass (Fast)
  • Average Green Size: 4,500 sq. ft. (Below Average)
  • Rough: Tall fescue/Kentucky bluegrass/ryegrass mix (Thick)
  • Fairway Width: TBC
  • Architect: Donald Ross (2019 Restoration by Andrew Green)
  • Comp Courses: Bethpage Black, Quail Hollow, Muirfield Village, Augusta National, Bay Hill, Riviera CC, Torrey Pines, Kiawah Island, Southern Hills, East Lake
  • Hole by Hole Breakdown:

Where to bet 2023 PGA Championship odds

Here are the best sports betting sites for where to bet on the PGA Championship in 2023.

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How to bet the PGA Championship and other odds

Futures odds have been up for the 2023 PGA Championship on most major sportsbooks since the conclusion of the 2022 tournament. Those odds have been continuously updated to reflect the results of other tournaments, players being added to the field, and the performance of those in the field. The postponement of the event also had a major influence on the odds to reflect its new position on the schedule and new dates later in the summer.

Odds can range from Jon Rahm’s +750 as the tournament favorite to a long shot of +100000. A $10 futures bet on Rahm to win at that price would return a profit of $75.

Closer to the event, the available betting options will expand greatly. Bettors will be able to wager on Top-5, Top-10, or Top-20 finishes at lower odds but with a greater chance of cashing multiple tickets. Outright favorites with already low odds can become too chalky on these bets, especially for a Top-20 result. There’s little sense in backing someone like Rory McIlroy at -300 or -500 to finish inside the top 20, as a $10 bet fetches a profit of just $2.50 at -400.

Once tee times are released, First Round Leader (FRL) bets also become available. These can offer greater odds than a tournament favorite would have for the outright win. Odds to lead after the second and third rounds will be posted later.

Prop bets group pools of golfers by world ranking, nationality, or other shared traits. These odds depend on how competitive the specified pool is, and how heavily they’re skewed by an outright favorite.

Head-to-head or three-ball lines pit golfers against each other either for the tournament as a whole or round-by-round. These odds are typically the lowest and least profitable golf lines. They can range from -200 to +200 but are generally equal on both sides.

Straight Forecast bets are a good way to get action on heavy favorites in a tournament with a top-heavy field, but are less applicable for the PGA Championship and the other majors. It requires bettors to correctly predict both the first- and second-place finishers and doing so correctly can boost the odds as a parlay.

Each-Way betting hedges against your pick falling short of a win by finishing second, third or anywhere else within a specified range. It’s composed of two bets with one being for the win and the other for the placing.

Tournament betting strategy

The three key areas on which to focus when betting the PGA Championship or any PGA Tour tournament are Current Form, Course History, and Key Stats.

As with any other sport, golfers can perform better or worse than usual within a select sample for any number of reasons. The difficulty lies in being able to tell when these streaks or slumps will begin or end. Experience on and familiarity with a course can also prove advantageous, while past struggles may contribute to a lack of confidence. Certain stats can be tied to success at a course over time.

There’s no exact science for how to weigh these three measures against each other, but all must be considered at each event. Certain shot shapes and player preference for putting on different types of grass are also factors to consider. What are the predominant hazard areas? Does the course favor longer or shorter hitters? What’s the most common length of an approach shot into the green?

Monitoring futures odds over the course of a year is an essential strategy to help get the best value. Take note of the opening odds for favorites and be ready to place a wager if they rise at any point due to a string of poor finishes or injury. Also be cautious of a long shot whose odds are dropping too low. A run of top 10s or a victory or two can take any value out of a bet on someone who remains unlikely to win a major tournament.

Relatedly, public betting action can have a strong effect on the betting odds for any golfer. The more bets placed on a golfer, the lower the books will set their odds to hedge against the potential payouts.

Be sure to hedge against the incredibly difficult task of routinely predicting outright winners. While hitting a winner only once in a while can still be profitable due to high odds of long shots, placing only these bets is sure to lose money more weeks than not. Pair your outright picks with a broader series of Top-5 or Top-10 finishes, head-to-head matchup bets, or props. These are where the consistent gains are made to ensure you can keep coming back week over week.

PGA Championship betting history

Here is a look at PGA Championship betting history for the past 10 tournaments.

YearWinnerPre-Tournament OddsWinning ScoreField Median Score
2022Justin Thomas+2000-5+4
2021Phil Mickelson+25000-6+2
2020Collin Morikawa+3500-13-2
2019Brooks Koepka+1100-8+6
2018Brooks Koepka+2000-16-4
2017Justin Thomas+4500-8+3
2016Jimmy Walker+15000-14-3
2015Jason Day+1400-20-4
2014Rory McIlroy+500-16-3
2013Jason Dufner+2000-10+3

Biggest betting longshots in PGA Championship history

Phil Mickelson (2021) +25000

Lefty turned back the clock in May of 2021 with a sensational performance at Kiawah Island. He became the oldest golfer to win a major, as his victory came at 50-years-old. Mickelson finished 6-under, holding off Louis Oosthuizen and Brooks Koepka.

Jimmy Walker (2016) +15000

Walker picked up his 10th career win at the 2016 PGA Championship but hasn’t won since. He ranked 48th in the world at the time.

Keegan Bradley (2011) +15000

Bradley took down the 2011 PGA Championship as a PGA Tour rookie at just 25 years old. He ranked 108th in the world after already winning the HP Byron Nelson Championship earlier in the year.

YE Yang (2009) +12500

Ranking 110th in the world, Yang overcame a two-shot deficit to knock off Tiger in his Sunday red. It wasn’t only a breakthrough for Yang, but it also finally showed some cracks in Woods’ long-uncrackable armor.

Shaun Micheel (2003)

Not listed, was part of FIELD at +350

It’s fair to say those who had a hunch Micheel would win the 2003 PGA Championship weren’t justly rewarded. He ranked 169th in the world before his first and only career victory.

Rich Beem (2002)

Not listed, was part of FIELD at +1500

The same can be said for Beem and his 2002 victory, though the odds were at least slightly more profitable. He ranked 73rd in the world after winning The International just two weeks before. They were two of only three professional victories in his career.

David Toms (2001) +7000

Toms started off the run of long-shot winners in the early 2000s in the peak of Tiger vs. The Field. He ranked 20th in the world and worked his way up to eighth by the end of 2001.

PGA Championship fun facts

Most wins: 5 – Jack Nicklaus (stroke play era), Walter Hagen (match play era)

Youngest winner: Gene Sarazen (20 years, five months, 22 days) in 1922 at Oakmont Country Club

Youngest qualifier: Gene Sarazen (19 years old) in 1921

Oldest winner: Phil Mickelson (50 years old, 11 months) in 2021

Best comeback: John Mahaffey came back from seven strokes down entering the final round of the 1978 PGA Championship to win with a birdie on the second playoff hole over Tom Watson

Best career score relative to par: Tiger Woods (minus-46, 20 PGA Championships)

PGA Championship FAQ

Who qualifies for the PGA Championship?

The PGA Championship field is capped at 156 golfers each year. Those participants are selected on the following criteria:

  • Every former PGA Championship winner
  • The winners of the last five US Opens
  • Winners of the last five Masters
  • Winners of the last five Open Championships
  • The last three winners of The Players Championships
  • Current Senior PGA Champion
  • The top 15 finishers from the previous PGA Championship, including ties
  • Top 20 finishers from the last PGA Professional Championship (tournament for golf club professionals and teachers who are members of the Professional Golfers’ Association)
  • Top 70 from the official money standings on the PGA Tour for the period beginning one week before the previous year’s PGA Championship and ending two weeks before the current year’s tournament
  • Members of the most recent Ryder Cup teams for the USA and Europe, so long as they’ve remained in the top 100 of the Official World Golf Ranking the week prior to the PGA Championship
  • Any tournament winner co-sponsored or approved by the PGA Tour since the previous year’s PGA Championship

The PGA of America can invite additional players not included in the above criteria.

Vacancies can be filled by those ranked below 70th in the money standings.

Where is the PGA Championship this year?

Valhalla Golf Club in Louisville, Kentucky.

What are the highest and lowest scores to win the PGA Championship?

Since the PGA Championship was switched from a match play format to stroke play in 1958, four champions have won at 1-over par, but none since 1976. Jay Hebert (1960), Julius Boros (1968), Gary Player (1972) and Dave Stockton (1976) have all done so.

Has anyone ever won back-to-back PGA Championships?

Brooks Koepka became the sixth person to win back-to-back PGA Championships with his 2018 and 2019 victories. He joined Denny Shute, Leo Diegel, Gene Sarazen, Tiger Woods and Walter Hagen in accomplishing the feat.

Hagen holds the all-time record with four straight victories from 1924-1927. He shares the all-time record with Nicklaus with five wins.

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