PGA Championship Odds: Mickelson Makes History

Golf betting odds to win the PGA Championship at the Ocean Course, May 20-23. PGA Championship odds, where Phil Mickelson defied all to win his sixth major title.

Patrick Everson
Posted: May 23, 2021 9:35 PM ET Updated: May 23, 2021 9:35 PM ET

History was made in the 2021 PGA Championship on the Ocean Course at Kiawah Island in South Carolina, with Phil Mickelson going from a 300/1 pre-tournament long shot to his sixth major title. 

Though Mickelson led entering the final round, he was second on the PGA Championship odds board, behind second-place Brooks Koepka. But Lefty got the best of Brooks and the rest of the field, becoming the oldest player and one of the longest shots to win a major.

Let's take a look at how the odds to win the PGA Championship unfolded this week.

Odds to win the PGA Championship

Player Odds to win
Brooks Koepka +150
Phil Mickelson +275
Louis Oosthuizen +550
Kevin Streelman +1,600
Bryson DeChambeau +1,600
Branden Grace +2,500
Christiaan Bezuidenhout +2,800
Joaquin Niemann +3,500
Gary Woodland +4,000
Jordan Spieth +6,000
Paul Casey +6,000
Sungjae Im +8,000
Corey Conners +8,000
Tony Finau +12,500
Patrick Cantlay +12,500

Odds courtesy of The SuperBook on May 21, 2021.

PGA Championship sharp money and line movement report
By Patrick Everson

Latest PGA Championship betting action

UPDATE 10 P.M. ET SUNDAY: While Phil Mickelson made history, bettors who got on board the Lefty train pre-tournament – or at least after Round 1 – cashed out big, while some sportsbooks took a hefty hit. Topping that list was DraftKings, as evidenced by a text late in Sunday's final round from Johnny Avello, DK's director of sportsbook operations.

"Lefty is a liability for the house. A couple of bets to note: $1,000 at 300/1, and $364 at 250/1," Avello wrote.

That penciled out to a $300,000 win for the first bettor and $91,000 for the second. As Mickelson played the final couple of holes, PointsBet USA's Patrick Eichner was asked how his shop did to a Mickelson win.

"Not good. He was a top-five liability entering the tourney, top three by the end of Day 1," Eichner said.

But Eichner and PointsBet USA didn't mind seeing some history made. Nor did a PointsBet customer who had $250 on Lefty at 150/1, winning $37,500.

The SuperBook at Westgate, BetMGM and William Hill US reported plenty of $20, $50 and $100 fliers on the long shot, including a pair of $100 plays at 200/1 at WillHill, with each bettor winning $20,000. Still, Mickelson's win was a winner for The SuperBook in the PGA Championship futures market.

"We were fortunate. Over the last few years, we had a tremendous amount of liability attached to Phil for the majors," said Jay Kornegay, who operates The SuperBook as vice president of race and sports for Westgate.

The surprise victory had Jay Kornegay noting Mickelson might not be the longest pre-tourney shot to win a major, but he's not far from it.

"I don't recall a longer shot winning, but I would have to review Rich Beam and Y.E. Yang numbers," Kornegay said, while noting in this instance, the odds weren't the most impressive component of the win. "This one is different. This one isn't about the unknown. This one is about age. Both Tom Brady and Phil Mickelson telling us all that age is just a number.

Golf Digest's Alex Myers reported Sunday evening that Mickelson is the longest shot to win a major in at least 16 years. Myers noted that Todd Hamilton was 500/1 entering the 2004 Open Championship at Royal Troon, and Rich Beem (2002 PGA), Ben Curtis (2003 Open) and Shaun Micheel (2003 PGA) were all at least 250/1. 

Favorites to win PGA Championship

With three rounds in the books at the 2021 PGA Championship, a familiar name is atop the leaderboard and another PGA Tour star is atop the odds board. Brooks Koepka is at 6-under 210 and is the +150 chalk at The SuperBook at Westgate. He's one shot behind Phil Mickelson (209), and Lefy is the +300 second choice on the PGA Championship odds board.

Louis Oosthuizen, two shots back at 211, is the +550 third choice/ The odds then stretch out to +1,600 for Kevin Streelman (212) and Bryson DeChambeau (214), followed by Branden Grace (213) and Christiaan Bezuidenhout at +2,500.

PGA Championship Betting History

Collin Morikawa won last year's tournament and went into Round 1 as a +3,000 favorite, odds that placed him outside of the Top 10. Five years ago, Jimmy Walker came out victorious despite walking in as a +12,500 long shot, the biggest underdog to win since Keegan Bradley (+15,000) in 2011.

Let's take a look at some recent PGA Championship winners and their closing odds to win according to SportsOddsHistory.com:

Year PGA Championship Winner Closing Odds
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

How to bet on golf

The most popular way to bet on golf is by simply picking the winner, which is also referred to as an outright. There are plenty of other ways to wager, however. Some of the more popular markets include head-to-head betting, where sportsbooks pair up two golfers and you simply choose who you think will have the lower score over the course of the weekend or for one round only. Learn about more golf betting types and get expert tips and strategies in our how to bet on golf guide.


Where can I bet on the PGA Championship?

With PGA betting growing in popularity, pretty much all online sportsbooks will offer golf odds for the PGA Championship. We've compiled the best golf betting sites where you live —  see what PGA Championship odds they have available before placing your wagers.

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