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The PGA Championship Odds 2023

John Ford | October 4, 2020 | Updated on: April 4th, 2023

pga championship oddsThe PGA Championship is one of the four major tournaments in the golf season. It used to be the last major championship on the calendar but moved to the second major tournament in the season in 2019.

Each year, the tournament takes place on a new golf course, making it one of the most exciting golf events to watch. The 2020 event took place at TPC Harding Park in San Francisco, California.

Unlike the other major golf tournaments, the PGA Championship is reserved for professional players only. You need to receive an invitation to play in this tournament, making for a cut-throat event. If you’re into golf betting, you may want to take advantage of the effect this rule has on PGA Championship odds.

Even usual favorites who have seen multiple success in other major tournaments are given long odds, making for excellent potential opportunities with futures. Famous names, such as Jason Day, Justin Thomas, Dustin Johnson, Jon Rahm, Tiger Woods, and Brooks Koepka, were all given long odds of winning the 2020 tournament.

If you had placed a future on Collin Morikawa, the actual winner of the 2020 PGA Championship, you would have won up to 33 times your stake!

If all of this sounds exciting to you, and you would like to find out more about betting on the PGA Championship, stick around. Below we take a look at how you can bet on this tournament and provide you tips for doing so.

We also list many online gambling sites that provide you with fantastic golf odds on every major tournament and more. So, what are you waiting for?

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Latest PGA Championship Predictions

PGA Championship Betting Links

pga championship betting lines

PGA Championship Betting Lines

Some people think that online sports betting is all about wagering on who will win a game, but that’s not true. While you can find odds to win PGA Championship at every sportsbook, there are loads of other bets available to you, including:

Moneylines and Futures

Let us start with the obvious and most popular bets; a moneyline is a bet on who will win the day. A future bet is a wager on who will win the Wanamaker Trophy long before the result of the event is decided.

An example of a moneyline bet (also known as a “to win” bet) is wagering on Jordan Spieth to finish top of the leaderboard on Day 2.

An example of a future is betting on the PGA Championship winner a month before the tournament. Usually, all futures offer long odds because it is hard to predict an outright winner of any sporting tournament.

This is particularly true of the PGA Championship, which has only had two repeat winners in the last decade. (Rory McIlroy and Brooks Koepka if you are wondering.)

Versus the Field

Versus the field is the golf version of a spread bet. With this bet type, you bet on a group of golfers to beat the favorite to win the tournament. This may seem like an odd way to set a spread bet, but there is a chance that nobody in the group or the favorite wins the tournament.

People who aren’t familiar with golf are unaware of how unpredictable this sport can be. After all, Collin Morikawa – the 2020 PGA Championship winner – entered the tournament ranked 12th in the world when he won.

pga championship betting

Head-to-Head

With head-to-head bets, online sportsbooks line up two golfers to take each other in a one-on-one bout. Neither of these golfers needs to win the tournament, but the golfer you bet on needs to perform better than the other.

For example, if you bet on a head-to-head between Tiger Woods and Bubba Watson. Both of these players can finish on the bottom half of the leaderboard, but as long as your pick comes out slightly ahead of the other (even if by one place), you win!

Finishing Position

You can bet on the place a golfer finishes in the PGA Championship. Usually, these bets have lines that come in increments of five. So, you can bet on a golfer to finish in the top five or the top ten. Some betting sites may go a little further than the top ten. Obviously, the bigger the room for error, the lower the odds will be.

Prop Bets

A prop bet is an event-based wager where you bet on something taking place during the game and not its outcome. For example, you can bet on Bryson Dechambeau to score an Eagle on Day 2. He can still lose the day and the tournament, but as long as he scores that Eagle on the day you said he would, you’re golden.

Nationality

Sometimes betting on the nationality of a winner is a safe wager. With some countries, you increase your chances of winning substantially, such as selecting the US – although this means smaller returns.

With some nationalities, it may be best to bet on a specific player to win. For example, are there more great Northern Irish golfers aside from Rory McIlroy?
pga championship betting tips

PGA Championship Betting Tips

You need to research if you want to place good golf bets on the PGA Championship. Here are some top tips to keep in mind when betting on this popular tournament:

The PGA Championship is Unpredictable

As stated above, betting on golf is hard. This is especially true in the PGA Championship. Despite being a tournament filled with the best and most experienced golfers, the contest is often won by a golfer making their debut.

Don’t Rely on History

Tournaments are unpredictable and golfers winning the PGA Championship two years in a row isn’t as common as one may think. In the last 50 odd years of the tournament’s history, there have only been two players who have completed this feat: Brooks Koepka (2018 and 2019) and Tiger Woods (1999, 2000 and 2006, 2007).

Look at Younger Players

Generally, PGA Championship winners are younger than the winners of other majors in the year. The average age of PGA Championship winners is just under 29.5. However, other majors have an average winner age between 32 and 35.

Analyze the Course

The PGA Championship is played at a different course each year. Rarely are the courses repeated after each other, but if a golfer has played on the course before, you may be able to make some deductions about their performance in the tournament.

Also, remember that some weather conditions are more prevalent in certain parts of the United States. Some golfers play better than others in harsher conditions, such as wind, etc.
odds to win pga championship

Latest Odds to Win PGA Championship

Here are some early odds for the 2021 PGA Championship. Please be sure to visit our sportsbooks for the latest updated odds:

Player Odds
Bryson DeChambeau +1200
Dustin Johnson +1200
Jon Rahm +1200
Rory McIlroy +1200
Justin Thomas +1400
Brooks Koepka +1600
Xander Schauffele +1800
Collin Morikawa +2500
Hideki Matsuyama +2500
Patrick Cantlay +2500
Patrick Reed +2800
Tiger Woods +2800
Webb Simpson +2800
Daniel Berger +3300
Jason Day +3300
Tommy Fleetwood +3300
Tony Finau +3300
Adam Scott +4000
Justin Rose +4000
Jordan Spieth +5000
Matthew Wolff +5000
Rickie Fowler +5000
Tyrell Hatton +5000
Viktor Hovland +5000
Harris English +6600
Louis Oosthuizen +6600

PGA Championship Betting – FAQs

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