Following Scottie Scheffler claiming his second Green Jacket at the Masters, the 2024 major championship season continues at Valhalla Golf Club for the PGA Championship on May 16-19.
Brooks Koepka captured his third PGA and fifth major title at Oak Hill in 2023, a victory that has him sitting sixth on the opening golf odds board to repeat in 2024. Above him is the standard trio of golf's biggest superstars: World No. 1 Scottie Scheffler, Jon Rahm, and Rory McIlroy.
We break down their chances to win and more in our opening 2024 PGA Championship odds below.
2024 PGA Championship odds
| Golfer |  |
 |
|---|---|---|
| Scotie Scheffler | +400 | +400 |
| Rory McIlroy | +1,200 | +900 |
| Jon Rahm | +1,200 | +1,000 |
| Ludvig Aberg | +1,600 | +1,800 |
| Patrick Cantlay | +1,800 | +2,000 |
| Xander Schauffele | +1,800 | +2,000 |
| Brooks Koepka | +2,000 | +1,600 |
| Collin Morikawa | +2,000 | +2,500 |
| Viktor Hovland | +2,500 | +1,800 |
| Joaquin Niemann | +2,500 | +2,800 |
| Cameron Smith | +2,500 | +3,000 |
| Bryson DeChambeau | +2,500 | +2,500 |
| Max Homa | +2,500 | +3,000 |
Odds as of 4/17.
2024 PGA Championship favorites
Scottie Scheffler (+400)
No matter the course or the conditions, you can almost guarantee Scottie Scheffler will be in contention at the majors.
He's fresh off his second Masters victory and has won three of his last four starts. His world-class form is reaching new heights and is a runaway favorite at Valhalla as a result.
Rory McIlroy (+900 to +1,200)
The last time the PGA Championship came to Valhalla, Rory edged out Phil Mickelson to win by one shot.
The four-time major winner has been incredibly consistent at the majors over the last two years and that includes Top-10 finishes in the last two editions of this event.
Jon Rahm (+1,000 to 1,200)
Despite all of his success in recent years, the 2023 Masters champion has finished just T48 and T50 in the last two editions of the PGA Championship.
He's been in ho-hum form since moving to LIV Golf (T45 in his defense last week) but remains one of the most consistent forces in golf. He'll surely be a threat here in 2024.
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PGA Championship field
The field at the PGA Championship is selected to include a mix of past champions, top-ranked players, rising stars, and special invitees. Here are some of the criteria considered:
Winning a major championship: Winners of the previous five editions of the other three major championships (Masters, U.S. Open, Open Championship) automatically qualify for the tournament. This exemption applies even if the player does not meet other eligibility criteria. The last three winners of THE PLAYERS Championship also qualify.
Previous PGA Championship winners: Past winners of the PGA Championship are granted a lifetime exemption, which allows them to participate in the tournament as long as they remain active players.
Top finishers from previous PGA Championships: The Top-15 finishers from the previous year's PGA Championship automatically qualify for the next edition of the tournament.
Top PGA professionals: The PGA of America reserves a specific number of spots for club professionals. The Top-20 finishers in the PGA Professional Championship earn a place in the PGA Championship.
PGA Tour winners: Winners of PGA Tour events that offer full FedEx Cup points during the qualification period for the PGA Championship (from the previous PGA Championship until the current edition) receive an invitation to compete in the tournament.
Official World Golf Ranking: The top-ranked golfers in the Official World Golf Ranking (OWGR) as of a designated cutoff date before the PGA Championship automatically qualify. The number of spots allocated based on the OWGR varies each year.
Special invitations: The PGA of America has the discretion to extend special invitations to players who may not meet the above criteria but have demonstrated exceptional golf skills or have a compelling story.
PGA Championship recent winners and odds history
Six of the last seven winners closed with 35/1 odds or shorter, including Brooks Koepka three times (18/1, 10/1, and 20/1). With that said, we've also seen massive longshots win over the last 20 years, including Phil Mickelson in 2021 (200/1) and Keegan Bradley in 2011 (150/1).
| Year | Golfer | Closing odds |
|---|---|---|
| 2023 | Brooks Koepka | +2,000 |
| 2022 | Justin Thomas | +1,600 |
| 2021 | Phil Mickelson | +20,000 |
| 2020 | Collin Morikawa | +3,000 |
| 2019 | Brooks Koepka | +1,000 |
| 2018 | Brooks Koepka | +1,800 |
| 2017 | Justin Thomas | +3,500 |
| 2016 | Jimmy Walker | +12,500 |
| 2015 | Jason Day | +1,200 |
| 2014 | Rory McIlroy | +600 |
| 2013 | Jason Dufner | +3,000 |
| 2012 | Rory McIlroy | +1,800 |
| 2011 | Keegan Bradley | +15,000 |
| 2010 | Martin Kaymer | +4,000 |
Odds courtesy of GolfOdds.
How to bet on golf
The PGA Championship is one of the most bet golf events of the year, so naturally, there are many who will be placing their first golf bets on the tournament. If that happens to be you, we've got you covered with our beginner's guide to how to bet on golf.
The most popular way to bet on golf is by simply picking the winner, which is referred to as an outright. There are plenty of other ways to wager, however, including top finishers, head-to-head matchups, and plenty of props.
How to read PGA Championship odds
Betting odds for the PGA Championship, like other sporting events, can be presented in various formats, including American odds, fractional odds, and decimal odds. However, American odds are commonly used in the United States for sports betting. Here's how to read PGA Championship betting odds in American format:
Positive odds: Positive odds indicate the potential profit on a $100 bet. They are typically associated with underdogs or less likely outcomes.
For example, if you see odds of +500 on a golfer winning the PGA Championship, it means a $100 bet on that golfer would potentially yield a $500 profit if they win. Your total return would be $600 ($100 stake plus $500 profit).
Negative odds: Negative odds indicate how much you need to bet to profit $100. They are usually associated with favorites or more likely outcomes.
For instance, if you see odds of -150 on a golfer to win the PGA Championship, it means you would need to bet $150 to potentially win $100 in profit. Your total return would be $250 ($150 stake plus $100 profit).
Whether positive or negative, the odds provide insight into the perceived likelihood of a golfer winning the tournament. Higher positive odds indicate that the golfer is less likely to win but could yield a higher return if successful. Lower negative odds suggest that the golfer is favored to win but may yield a smaller return due to the higher probability of success.
More major championship odds
| Event | Favorite | Odds |
|---|---|---|
| U.S. Open odds | Scottie Scheffler | +425 |
| The Open Championship odds | Scottie Scheffler | +450 |
Odds courtesy of bet365.
PGA Championship Odds FAQS
Scottie Scheffler is a +400 betting favorite to win the 2024 PGA Championship, with two-time winner Rory McIlroy sitting second at +900.
The 2024 PGA Championship will be played at Valhalla Golf Club in Louisville, Kentucky. Valhalla previously hosted the tournament in 1996, 2000, and 2014.
Brooks Koepka won the 2023 PGA Championship with closing odds of +2,000.
