The 2024 major championship season continues at Valhalla Golf Club for the PGA Championship next week.
In the PGA Championship odds, reigning champ Brooks Koepka (14/1) lags behind golf's biggest stars, such as Masters winner Scottie Scheffler (7/2), Rory McIlroy (12/1), and Jon Rahm (12/1). We break down their chances to win and more below.
2024 PGA Championship odds
Odds at a glance:
- Scotie Scheffler: 7/2
- Rory McIlroy: 12/1
- Jon Rahm: 12/1
- Brooks Koepka: 14/1
- Ludvig Aberg: 16/1
| Golfer |  |
 |
|---|---|---|
| Scotie Scheffler | +350 | +350 |
| Rory McIlroy | +1,200 | +1,200 |
| Jon Rahm | +1,200 | +1,400 |
| Brooks Koepka | +1,400 | +1,600 |
| Ludvig Aberg | +1,600 | +1,600 |
| Patrick Cantlay | +1,800 | +2,800 |
| Xander Schauffele | +1,800 | +1,600 |
| Collin Morikawa | +2,000 | +2,500 |
| Cameron Smith | +2,500 | +3,000 |
| Bryson DeChambeau | +2,500 | +2,500 |
| Max Homa | +2,500 | +3,500 |
| Viktor Hovland | +2,800 | +3,000 |
| Joaquin Niemann | +2,800 | +2,000 |
| Wyndham Clark | +2,800 | +2,500 |
| Will Zalatoris | +2,800 | +3,500 |
Odds as of 5/9.
Live odds to win the PGA Championship
Live odds to finish in the Top 10 at the PGA Championship
2024 PGA Championship favorites
Scottie Scheffler (+350)
No matter the course or the conditions, you can almost guarantee Scottie Scheffler will be in contention at the majors.
He followed up his Masters victory with a win at the RBC Heritage and has won four of his last five starts. His world-class form is reaching new heights and he's a runaway favorite at Valhalla as a result.
Rory McIlroy (+1,100 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 (+1,200)
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 Masters title defense) but remains one of the most consistent forces in golf. He'll surely be a threat here next week.
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PGA Championship past champion odds
- Rory McIlroy +1,200
- Brooks Koepka +1,400
- Collin Morikawa +2,500
- Justin Thomas +4,000
- Jason Day +5,500
- Keegan Bradley +12,500
- Tiger Woods +15,000
- Phil Mickelson +20,000
- Martin Kaymer +50,000
- Padraig Harrington +50,000
- Jason Dufner +100,000
- Jimmy Walker +100,000
PGA Championship betting trends
- Americans have won each of the last eight editions of the PGA Championship.
- Eight of the last 10 winners had previously finished Top 10 at the PGA Championship.
- Seven of the last 10 winners had finished Top 10 in at least one of their previous two major championship starts. Brooks Koepka finished second at the Masters before winning last year's edition.
- Seven of the last 10 winners ranked in the Top 30 in driving distance in the season of their win. Rory McIlroy ranked first when winning here in 2014.
- Seven of the last 10 winners had already won an event the season of their PGA Championship victory.
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 | +350 |
| The Open Championship odds | Scottie Scheffler | +350 |
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.
