How to Bet on the PGA Championship – PGA Betting Guide and Tips

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How to bet on the PGA Championship

If you had fun betting the Masters last month, or simply want to get in on the golf betting action this weekend, here’s all the detail you need about PGA Championship odds, and how to bet on the PGA Championship.

The PGA is one of the marquee events in the US sporting calendar and golf betting is one of the most popular ways to bet in the world.

Golf’s stars will take over Valhalla Golf Club in Louisville, Kentucky on Thursday, May 16. Use this guide to analyze the chances of some of the field or just follow your favorite players. It’s time to put your money where your mouth is.

How to Bet on the PGA Championship

Betting on the PGA Championship, like betting on regular PGA Tour events, is as easy as signing up for a new BetOnline account.

  1. Join BetOnline

    Visit BetOnline.ag and click “Join” at the top-right corner or on the home page banner.
    Join BetOnline
  2. Enter Your Details

    Fill in all details and verify your identity, this will make your first withdrawal much faster when the time comes.
    Enter Your Details
  3. Make a Deposit

    Deposit your money and don’t forget to include the bonus code to unlock the best new customer offer.
    Make a Deposit
  4. Find the Golf Markets

    Click “golf” to get to PGA Championship markets and all other golf betting options.
    Find the Golf Markets
  5. Place Your Bet

    Choose your PGA Championship betting market. Enter your stake and press “place bet” in the betslip and your bet is placed.
    Place Your Bet

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PGA Championship Odds

If you’re just learning how to bet on golf, let’s focus on the top of the market to keep things simple.

Odds are courtesy of BetOnline and are current as of May 15, 2024 at 7am ET.

Scottie Scheffler (+475)

Scottie Scheffler (+475)

Scheffler is the world’s No. 1 player and the clear favorite. He’s riding a stretch of four wins in his past five tournament starts and finished tied for second at the Houston Open, his lone non-win in that span.

Scheffler has nine top-10 finishes in 10 starts this season and seven top-5 finishes, which is why his PGA Championship betting odds are +120 to finish in the top-5 and -160 to finish in the top-10.

Scheffler seems unstoppable at the moment and anyone who regularly bets on golf will be having some money on him winning at Valhalla, at least as a hedging strategy.

Perhaps the only thing that could unseat him is a distraction at home. His wife Meredith gave birth to the couple’s first child, a son named Bennett on May 8, but Scheffler is still scheduled to participate in the second major of the year.

Rory McIlroy (+800)

Rory McIlroy (+800)

McIlroy, like Scheffler, will enter on a roll, with wins in his past two starts too.

Most recently, McIlroy won with a -17 total at the Wells Fargo Championship in Charlotte and will enter the PGA as the No. 2 ranked player in the world behind only Scheffler.

McIlroy is also extremely consistent, making him very popular with anyone who enjoys golf betting. He has three top-10 finishes and eight top-25 results in his 10 starts this season.

Mcilroy’s net worth is one of the highest among sportspeople anywhere, but what really matters is that he’s a two-time PGA Championship winner. He last claimed the Wanamaker Trophy in 2014, which also was the last time the tournament was at Valhalla Golf Club in Louisville.

Xander Schauffele (+1400)

Xander Schauffele (+1400)

Schauffele has been knocking on the door all season but has not quite been able to lock in his first win of 2024.

He has eight top-10 finishes, including an eighth-place finish at The Masters, and a pair of runner-ups at the Players Championship and Wells Fargo Championship.

Schauffele’s 2024 results have mirrored his performances at majors too, since he has finished in the top-10 in 12 of his 29 starts at majors over his career but hasn’t broken through for a win.

Despite this, Schauffele is near the top of the market with most online sportsbooks and makes an interesting pick this week, despite the fact he hasn’t finished in the top-10 at the PGA Championship since 2020.

Brooks Koepka (+1600)

Brooks Koepka (+1600)

The reigning PGA Championship winner shook up the golf betting world by becoming the first LIV player to claim a major last year.

Like Scheffler and McIlroy, Koepka also won his most recent start, finishing first with a three-round score of 198 at the LIV Golf Singapore event from May 3-5.

If you regularly bet on golf you’ll know that Koepka has been less consistent than the other players ahead of him, including his four-round total of 297 at The Masters last month.

It’s fair to wonder about his conditioning, since LIV events are played over three rounds instead of PGA’s four. Though playing for the breakaway organization has certainly helped grow Koepka’s net worth.

But, Koepka did win the event last year and has a tendency to show up big in majors.

Jon Rahm (+1800)

Jon Rahm (+1800)

Rahm, like Koepka, is a LIV player who has not been particularly dominant this season. He doesn’t have a victory on the PGA’s rival tour, and also like Koepka, he posted a final score of +9 at The Masters.

This disappointing result in a major he was trying to defend has meant his PGA Championship odds have drifted significantly in the last couple of weeks.

Still, Rahm is a two-time major champion, most recently at the 2023 Masters. He hasn’t finished top-10 at the PGA Championship since 2021 and hasn’t been top-5 in that golf tournament since finishing tied for fourth in 2018.

Where is the 2024 PGA Championship Played?

This year’s PGA Championship will be played at scenic Valhalla Golf Club in Louisville, Kentucky. Valhalla was designed by golf legend Jack Nicklaus and opened in 1986.

It will be hosting its fourth PGA Championship, most recently doing so in 2014 when McIlroy won the event.

Valhalla has produced some of the PGA Championship’s most exciting results since two of the previous three PGAs held there were decided in a playoff and McIlroy held off Phil Mickelson by just a single stroke in 2014.

It was the site where Tiger Woods beat upstart Bob May in a three-hole playoff in 2000, and Mark Brooks needed three extra holes to win ahead of Kenny Perry there in 1996.

That should make the “will there be a playoff” prop, offered by most of the best golf sportsbooks, an enticing potential market.

The 2024 PGA Championship will be the first at Valhalla since the event moved from August to May in 2019. The course also will play about 150 yards longer than it did 10 years ago, including some monster par-4s, like No. 2 (500 yards), No. 6 (495 yards) and No. 12 (494 yards) and two 590-plus-yard par-5s at Nos. 7 and 10..

Jose Maria Olazabal holds the course record when he shot a 63 during the third round at the 2000 PGA.

Betting Strategies for the PGA Championship

Away from the PGA Championship betting odds, we’ve put together a couple of key angles that use stats from the PGA Tour to consider before you place your PGA bets.

If you don’t regularly bet on PGA Tour golf, this information will help guide you in the right direction (hopefully).

Favor Long Hitters

As referenced above, Valhalla is playing long. It will play about 150 yards longer than when McIlroy won the event 10 years ago and more than 450 yards longer than when Woods won the PGA in 2000.

That’s where McIlroy’s game fits the course. He is averaging 316.8 yards per drive, the second-best distance of any player on the PGA Tour behind Cameron Champ, and is first in total driving and driving percentage 320 yards.

Wyndham Clark, the reigning U.S. Open champion who is going off at about +5000 to win, is also a solid longshot selection to consider either to win or finish in the top-10 (+350). Clark is one of the longest drivers on tour, sitting third in average driving distance rankings.

Consider Accuracy

Historically the roughs at the PGA Championship are more forgiving than other golf tournaments like the U.S. Open. But it is still a major, which means the course mappers will reward accuracy off the tee.

That fact will play into Collin Morikawa’s hands, he sits second in driving accuracy off the tee (78.77%) on the PGA Tour this season. When he won the tournament in 2020, he led the field in that stat and hit 39 of 56 fairways off the tee over his four rounds at TPC Harding Park in Northern California.

But, as always when you bet on golf, don’t forget Scheffler. He sits seventh on the tour in driving accuracy percentage (74.42).

Bet the Best Putters

The phrase “drive for show, putt for dough” comes to mind, since a hot putter can be the difference between a win and a top-5 or top-10 finish.

Unsurprisingly, Scheffler makes up for his less-than-dominant driving game around the green. He leads the PGA Tour in putting average (1.7) and birdie-or-better conversion percentage (39.5) and is 19th on the tour in putts per round (28.14).

Again, if Scheffler’s concentration is at all limited by having a newborn around, there are other elite putters that could get in the mix. Aaron Baddeley leads the tour in Total Putting (68.3), and Denny McCarthy leads in total putts per round (27.3).

Clark is also another interesting option since he leads the tour in putting percentage beyond 20 feet and beyond 25 feet.

Golf Betting Rules – Dead Heat

Golf can be a tricky sport to wager due to the number of finishers with the same score. But that’s where dead heat rules come into play.

Similar to how the tour will divide winning shares by the number of players that finish tied, a sportsbook may break up the payout depending on how many players finish in the top-5 or top-10. Since every place can tie after first, sportsbooks may divide a stake by the number of finishers in that place.

There may be 11-plus players in the top-10, with the ever-enticing T10th finish qualifying players to pay out as a top-10 finish, which means sportsbooks need to mitigate the payout.

Dead Heat Betting Example

If you wager $50 on McIlroy to finish in the top-5 at +200, and he finishes T5th with Scheffler, a sportsbook will divide your stake in half and pay out the +200 winnings. That makes your final payout $75 instead of the $150 you would have made if he had finished solo fifth.

A player’s stake will be divided by the number of players he finishes tied with. That means if you wagered McIlroy to finish top-5, and there’s a four-way tie for fifth place, then your stake will be divided by four then paid out — $37.50.

It’s important to note dead-heat rules only come into play when breaking up a tie for top-5, top-10, or top-20 finishes. In the example above, if you wager on McIlroy to finish in the top-5, and he finishes tied for third with Scheffler, the sportsbook will pay out your full amount of $150.

Recent PGA Championship Winners

Though recent history does not necessarily predict future outcomes, we know that these players have what it takes to win the PGA Championship.

2023: Brooks Koepka

Brooks Koepka PGA Championship betting
Image credit: Josh Carpenter/Twitter

Koepka made waves as the first LIV golfer to win a major championship, beating the odds of +2200 to win the Wanamaker Trophy.

After an opening-round 72, Koepka went 66-66-67 over the final three days, claiming a two-shot win over Viktor Hovland and Scheffler in the PGA Championship at Oak Hill Country Club in Pittsford, New York.

Despite a push from Scheffler, who shot a final-round 65, Koepka closed with a back-nine 33 in the final round, which was good enough to claim his fifth major championship.

2022: Justin Thomas

Justin Thomas PGA Championship betting
Image credit: JustinThomasTracker/Twitter

Unlike the long shots in previous years, Thomas entered PGA week favored by many sportsbooks and then shot 67 in three of his four rounds.

He held off runner-up Will Zalatoris in a three-hole playoff for his second PGA Championship win at Southern Hills in Tulsa, Oklahoma.

Still, Thomas took a circuitous route to his victory. After a third-round 74, Thomas started the final round seven shots behind leader Mito Pereira yet reached the playoff after Periera shot 75 in the final round. Thomas defeated Zalatoris by scoring birdie-birdie-par in the playoff.

2021: Phil Mickelson

Phil Mickelson PGA Championship betting
Image credit: Reuters/Twitter

Mickelson, then-50 years old, became the oldest player to ever win a major championship and one of the most unlikely champions since his pre-tournament odds were about +30000.

Still, he finished one stroke better than Koepka and two ahead of Louis Oosthuizen, claiming his second PGA Championship with a minus-6 score at Kiawah Island Golf Course in South Carolina

Despite his final-round 73, Mickelson made five birdies and capped his sixth-career major title.

2020: Collin Morikawa

Collin Morikawa PGA Championship betting
Image credit: BBC Sport/Twitter

Morikawa became the fourth player to win the PGA Championship before his 24th birthday, joining the ranks of Nicklaus, Woods and McIlroy and cashing out for those who had him at +3500 to win.

He finished -13 over four days and capped his first major with a final-round 64 and a back-nine 31 to claim the Wanamaker Trophy ahead of Dustin Johnson and Paul Casey by two strokes.

Conclusion

Scheffler is the clear favorite to win, but he has been a bit snake bitten at majors outside of his two wins at the Masters. He has finished in the top-10 in three of his four PGA Championship starts, with the best finish being his T2nd last year.

It does look like everything is in place for Scheffler to win his first championship at the PGA. But don’t discount Thomas, who will be playing in his hometown of Louisville and makes a fascinating longshot at +6000.

If you’re not feeling daring, betting on a player like Scheffler or McIlroy to finish in the top-5 is a solid hedge. But be sure to look out for the dead-heat tiebreaker.

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Patrick Pickens
US Sports Expert
Patrick Pickens
US Sports Expert

Pat Pickens is a veteran versatile sportswriter who has covered pro sports since 2013 and has written about sports gambling since 2021. He is the author of the 2021 book "The Whalers: The Rise, Fall, and Enduring Mystique of New England's (second) Greatest NHL Franchise.