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How PGA Championship odds work
Betting on the PGA Championship, and golf in general, isn't complicated. But for gambling newbies among you, you may need a bit more of an understanding of how odds work and particularly, how PGA Championship betting odds work.
Let's take a look at an example. The PGA betting odds relating to one player winning the tournament may, expressed as decimals, read:
For every C$10 you stake on Koepka, you win C$90. If you put C$10 on Thomas, you get back C$140.
Different sportsbooks may display odds in other formats, such as fractional and moneyline (also called American) odds. But most sportsbooks make it easy to swap between systems to let you choose how you view their prices. Take a look at our PGA odds calculator to see how they compare.
Popular PGA Championship bets
There are several different ways you can bet on this major golf tournament. We've put together some of the most common bets below:
Tournament winner
On the face of it, it's an easy question. Who is going to win the tournament? But, with 156 of the best players in the world teeing it up, maybe that's not as easy as you think.
First round leader
Intriguingly, some pros are notorious for making a fast start on day one before fading away. These are the guys to look at for this market.
Also, with this market you can weigh up your options based on tee times and the weather forecast without worrying about the rest of the week.
Top 10 finish
With such a big field taking part, it makes sense to broaden your chance of winning by seeking out a player who can finish high on the leaderboard.
In this market you're looking for steady, consistent players with a solid record of winning prize money – though maybe not trophies.
Match bets
Forget the rest of the field for a moment. You can bet on one player to beat the others in his group – or a different player on the other side of the golf course.
Hole in one
A one-off bet which appears on the face of it to owe more to luck than judgment. Having said that, a bit of research on the course in question and the field playing it might throw up a bit of value for the shrewd bettor.
Futures bets
Futures betting is a great option for those of you who feel confident enough betting far in advance. While there's more risk, you'll find the rewards greater should you win as your odds will be fixed, ie not subject to any further odds movement made by the sportsbooks in the lead up to the event. Here are some examples of popular futures bets for the PGA Championship:
To qualify for The PGA Championship
It's possible you have spotted a less famous player you think could qualify for the tournament. There are sportsbooks that will allow you to wager on the outcome.
To make the cut
If you think a player is going to do well, but not well enough to top the leaderboard, how about a bet on them to reach the weekend?
To win next year's PGA Championship
Sometimes you spot a player in this year's event whose game will be perfect for next year's venue. Look around and you will find sportsbooks offering odds 12 months in advance.
Live betting
Betting used to stop when the action starts, but not in today's fast-moving gambling world. Most sportsbooks carry on offering odds while the action unfolds and move the prices accordingly, in what's known as live betting.
One possibility is a match bet on which player in a group will 'win' the next hole. At the same time, you can still wager on future bets such as the outright winner.
PGA Championship stats & info
Here's the complete schedule for the 2023 PGA Championship in May:
- Round One: May 18
- Round Two: May 19
- Round Three: May 20
- Final Round: May 21
Recent PGA Championship winners
-
2021
Phil
Mickelson -
2020
Collin
Morikawa -
2019
Brooks
Koepka -
2018
Brooks
Koepka -
2017
Justin
Thomas -
2016
Jimmy
Walker -
2015
Jason
Day -
2014
Rory
McIlroy -
2013
Jason
Dufner -
2012
Rory
McIlroy
More on golf betting
FAQs
A golf tournament held each summer on a course in the United States. It is more than 100 years old and one of the four annual Major championships.
