2024 PGA Championship Odds: Where Things Sit on Wednesday

Chris Gregory breaks down the 2024 PGA Championship odds for Wednesday, May 15, including line movement for Scottie Scheffler, Rory McIlroy, and more.

May 15, 2024 • 15:15 ET • 4 min read
Scottie Scheffler PGA Championship PGA Tour
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The second major championship of the season is less than 24 hours away, with the golf universe heading to Valhalla Golf Club for the PGA Championship. 

Scottie Scheffler's status atop the PGA Championship odds board is well-established, but there has been movement inside the Top 3 considering Rory McIlroy's won each of his last two starts and Brooks Koepka won last time out at LIV Golf Singapore. 

With the best golfers in the world getting hot at the right time, let's take a look at where the key favorites stand as of Wednesday afternoon. 

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2024 PGA Championship odds

2024 PGA Championship odds analysis

World No. 1 Scottie Scheffler (+450) has held down this top spot for nearly three months and was a runaway favorite before Rory McIlroy (+700) closed that gap with back-to-back wins. 

With that said, he was once as short as +350 and has moved to +450 at a handful of books after being listed at 4/1 across the board on Monday.

Why the slight change? You can argue Scheffler won't be as sharp as he'd like considering he and his wife just had their first child and he hasn't played since the RBC Heritage in mid/late April. Maybe there's merit or maybe this is just a better price for what would be a fifth win in six starts. 

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Scottie Scheffler odds

The consensus betting favorite and World No. 1, Scottie Scheffler is playing the best golf of his career. 

He's won four of his last five starts in a run that includes his second Masters victory and his odds to win this week have plummeted as a result. He began that run in the +800 range; that price was as short as +350 before some buyback brought him back to +450. 

He's yet to win the PGA Championship but has T2, T4, and T8 finishes in four career tries. And considering he's gained strokes putting in five straight starts and has an unmatched tee-to-green game, this could very well be his week. 

Rory McIlroy odds

Rory McIlroy's major championship drought has reached a decade but might the stars be aligning for the World No. 2 this week?

The last time the PGA came to Valhalla, Rory won in what was a third straight victory. He's entering the 2024 edition in a similar spot after carrying Shane Lowry at the Zurich Classic and dominating at Quail Hollow over the weekend. 

He remains in the No. 2 spot this week, but as he was crushing Xander Schauffele in the final round of the Wells Fargo on Sunday, his odds were dropping from +1,200 to as short as +700, where they've settled as of Wednesday.

Brooks Koepka odds

Brooks Koepka's history at the majors and particularly the PGA Championship is well-documented but when you pair that with a win in Singapore two weeks ago, it's not shocking to see him rising up the board.

In addition to his three career PGA Championship victories, the defending champion has a runner-up (2021) and four other Top-15 finishes, among those a T15 at Valhalla here in 2014.

He's lingered in the +1,800 to +2,200 range for much of the year but has pushed himself into the Top 3 over the last few weeks with odds as short as +1,400. 

Tiger Woods odds

While Tiger Woods made the cut at Augusta, he also lost strokes putting, on approach, and off the tee. He also won't have the benefit of that valuable course experience here at Valhalla. 

And if you take away a runner-up finish in 2018, Tiger's resume here at the PGA Championship has been quite shaky since 2010 with just one other finish better than T28 and a missed cut at Valhalla in 2014. 

All that to say: those +20,000 outright odds aren't treating Tiger as a threat and neither should you. 

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