British Open Odds & Updated Betting Lines: Major Championship Finale Heads to Royal Troon

The season's final major championship is heading to Royal Troon in Scotland, with Scottie Scheffler atop the board as a short +350 favorite.

Chris Gregory - Publishing Editor at Covers.com
Chris Gregory • Publishing Editor
May 22, 2024 • 15:36 ET • 4 min read
Scottie Scheffler Open Championship PGA Tour
Photo By - USA TODAY Sports

The golf season's fourth and final major championship — the 2024 British Open — is heading to Royal Troon in Scotland from July 18-21.

World No. 1 Scottie Scheffler is the man to beat with short +350 golf odds. Read more in our full Open Championship betting preview below.

2024 British Open odds

Golfer bet365 DraftKings
Scotie Scheffler +450 +450
Rory McIlroy +850 +800
Xander Schauffele +1,400 +1,400
Jon Rahm +1,400 +1,200
Viktor Hovland +1,800 +1,600
Cameron Smith +2,000 +2,000
Bryson DeChambeau +2,000 +3,000
Ludvig Aberg +2,000 +2,000
Collin Morikawa +2,200 +2,200
Joaquin Niemann +2,500 +2,500
Brooks Koepka +2,500 +2,200
Tommy Fleetwood +2,500
+2,500
Tyrrell Hatton +2,800 +3,000
Jordan Spieth +3,000 +2,500
Shane Lowry +3,000 +3,500

Odds as of 5/22.

2024 British Open favorites

Scottie Scheffler (+450)

He's gone from zero to 10 PGA Tour wins in less than 2.5 years, won two of the last three Masters, and is far and away the best player in the world by any metric. 

As a result, Scheffler's odds to win the majors have been chopped in half — and in some cases, more — and that includes Royal Troon, where he's gone from 10/1 to as short as +450 over the last three months. 

Rory McIlroy (+800 to +850)

Rory McIlroy is still amid a 10-year major championship drought after falling short at Valhalla in May. 

However, the form has been much improved with wins at the Zurich Classic and Wells Fargo Championship. He's also been consistent at the majors in recent years and has given himself plenty of chances — look no further than the final round here in 2022.

Xander Schauffele (+1,400)

Xander Schauffele broke through at Valhalla for his first major championship victory at the PGA Championship in May.

He's now up to OWGR No. 2 and inside the Top 3 across the major championship odds boards, including his 14/1 price to win at Royal Troon later this summer. 

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Royal Troon course notes

Royal Troon is gearing up to host the Open Championship for the 10th time in 2024. It was last here in 2016, with Henrik Stenson taking down Phil Mickelson in a historic major finish. It also hosted the 2020 Women's Open, won by Sophia Popov. 

The Royal Troon Old Course was redesigned by James Braid ahead of its first Open in 1923. It now plays as a Par 71 at 7,175 yards. 

British Open upcoming venues

Year Course Location
2025 Royal Portrush Antrim, Northern Ireland
2026 Royal Birkdale Southport, England

British Open recent winners and odds history

Let's take a look at some recent British Open winners and their closing odds to win:

Year Golfer Closing odds
2023 Brian Harman +12,500
2022 Cameron Smith +2,500
2021 Collin Morikawa +3,000
2020 No event: COVID-19 related. N/A
2019 Shane Lowry +8,000
2018 Francesco Molinari +2,500
2017 Jordan Spieth +1,200
2016 Henrik Stenson +2,500
2015 Zach Johnson +8,000
2014 Rory McIlroy +1,200
2013 Phil Mickelson +1,500
2012 Ernie Els +4,000
2011 Darren Clarke +15,000
2010 Louis Oosthuizen +20,000

Odds courtesy of GolfOdds.

How to bet on golf

The Open Champoinship 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 Open Championship odds

Betting odds for the Open 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 Open Champoinship 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 Open Champoinship, 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 Open Champoinship, 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.

Open Championship Odds FAQs

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