PGA Championship Odds 2027: PGA Frisco to Host 2nd Major

Chris Gregory - Betting Analyst at Covers.com
Chris Gregory • Betting Analyst 5+ years betting experience
Updated: May 18, 2026 , 10:23 AM ET • 5 min read

We're waiting for the 2027 PGA Championship odds following Aaron Rai's long-shot win in the second major of the year.

PGA Championship odds 2027, Aaron Rai and Wanamaker Trophy
Photo By - Reuters Connect. Aaron Rai poses with the Wanamaker Trophy after winning the final round of the PGA Championship golf tournament

The 2027 PGA Championship will be held at PGA Frisco in Texas, with the tournament expected to be played from May 20-23. We're waiting on the 2027 PGA Championship odds from our best golf betting sites, but it's safe to assume that Scottie Scheffler and Rory McIlroy will open as the favorites following Aaron Rai's surprise major win.

Stay tuned to this page, as we'll be offering our golf picks for the 2027 PGA Championship once the odds open. For now, see historical tournament info and betting odds.

Prep for the third major of 2026 with our look at the 2026 U.S. Open odds in the meantime.

📊 PGA Championship odds 2027

We're waiting on odds for the 2027 PGA Championship. Stay tuned to this page when odds are available.

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⭐ PGA Championship favorites

As is the case for all major championships in this era, we can expect Scottie Scheffler and Rory McIlroy to open as the betting favorites to win the 2027 PGA Championship. I'm expecting Scheffler's odds to open around +400, with McIlroy at +800 to +900.

Don't expect to see reigning champion Aaron Rai among the 2027 favorites following his long-shot victory.

⛳ PGA Frisco course info

The PGA Championship returns to Texas next year, with PGA Frisco at Fields Ranch East hosting the 2027 PGA Championship. The par-72 course measures over 7,800 yards, making it one of the longer major venues.

PGA Frisco has not hosted the PGA Championship before.

📖 PGA Championship opening odds (2026)

Golfer Opening odds
Scottie Scheffler  Scottie Scheffler +400
Rory McIlroy  Rory McIlroy +700
Bryson DeChambeau  Bryson DeChambeau +1200
Jon Rahm  Jon Rahm +1600
Ludvig Aberg  Ludvig Åberg +2000
Xander Schauffele  Xander Schauffele +2000
Collin Morikawa  Collin Morikawa +2500
Justin Thomas  Justin Thomas +2500
Tommy Fleetwood  Tommy Fleetwood +2500
Viktor Hovland  Viktor Hovland +3500
Joaquin Niemann  Joaquin Niemann +4000
Patrick Cantlay  Patrick Cantlay +4000
Tyrrell Hatton  Tyrrell Hatton +4000
Hideki Matsuyama  Hideki Matsuyama +5000
Brooks Koepka  Brooks Koepka +5000

Opening odds courtesy of SportsOddsHistory.

📜 PGA Championship past winner odds

Five of the last eight winners closed with 20/1 odds or shorter, including Brooks Koepka three times (18/1, 10/1, and 20/1). With that said, we've also seen massive PGA Championship long shots win over the last 20 years, including Phil Mickelson in 2021 (200/1) and Keegan Bradley in 2011 (150/1). Aaron Rai won the 2026 tournament at 150/1 prior to Round 1.

Year Golfer Odds
2026 Aaron Rai +15000
2025 Scottie Scheffler  Scottie Scheffler +650
2024 Xander Schauffele  Xander Schauffele +1400
2023 Brooks Koepka  Brooks Koepka +2000
2022 Justin Thomas  Justin Thomas +1600
2021 Phil Mickelson  Phil Mickelson +20000
2020 Collin Morikawa  Collin Morikawa +3000
2019 Brooks Koepka  Brooks Koepka +1000
2018 Brooks Koepka  Brooks Koepka +1800
2017 Justin Thomas  Justin Thomas +3500
2016 Jimmy Walker  Jimmy Walker +12500
2015 Jason Day  Jason Day +1200

Closing odds courtesy of SportsOddsHistory.

🎟️ How to bet on the PGA Championship

The PGA Championship is one of the most bet golf events of the year, so naturally, many will be placing their first golf picks 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 on most golf betting sites, however, including top finishers, head-to-head matchups, and plenty of props.

🏌️ More major championship odds

Event Favorite BetMGM
U.S. Open odds Scottie Scheffler +400
Open Championship odds Scottie Scheffler +400
Masters odds (2027) Scottie Scheffler +450

Odds courtesy of BetMGM as of May 9.

❓ PGA Championship odds FAQs

Who has the best odds to win the 2027 PGA Championship?

We're waiting on the 2027 PGA Championship odds. Odds to win the tournament will open shortly.

How often are 2027 PGA Championship odds updated?

Books can adjust PGA Championship futures at any time, especially after PGA Tour events, major news, or heavy betting action. On this page, the odds shown reflect the timestamp listed in the odds table. If you’re comparing prices, refresh the page and check the book’s current listing.

Do favorites usually win the PGA Championship?

Not always. PGA Championship outrights are a deep market, and even elite players win at a low rate in a single-event sample. Historically, many winners come from the short-to-mid range rather than the single shortest favorite. Use favorites as a starting point, then compare price to course fit, current form, and alternative markets like Top 10/Top 20.

What’s the best way to bet on the PGA Championship besides outrights?

If you don’t want the volatility of an outright, consider Top 5/Top 10/Top 20 finisher predictions or head-to-head matchups, which can better reflect form and course fit. Props can also offer angles without needing the winner. 

Pages related to this topic

Chris Gregory Covers.com
Betting Analyst

In his four years on the Covers editorial team, Chris Gregory has helped bolster the site’s golf and college football coverage. He brings a journalism and marketing background to his work as a Publishing Editor and can be found across our site covering the Masters, college football futures, and more.

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