One of the best value sports to bet on is golf, in particular PGA Championship odds. This annual golf tournament organized by the Professional Golfers Association of America, is one of the four major golf championships.
With so many high-quality players in the field, the major attracts bettors from all around the globe. Therefore, the sportsbook knows how important it is to offer competitive golf odds for the major tournament.
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Date: August 25th-28th, 2022
City: East Lake Golf Club, Atlanta, GA
How to read PGA Championship Odds
PGA Championship odds vary depending on which player you wager on. The favorite is typically around +1000 and could include players such as Rory McIlroy, Scottie Scheffler or the latest up-and-coming golfer. The odds are scaled from there and typically range from +1000 to astronomical odds of +20,000.
The odds reflect the golfers’ chances of winning the PGA Championship and excellent value is found. There are also exotic markets, such as top 10, first-round leader and group betting, so there’s something for everyone and there’s value to be snapped up.
How to bet on PGA Championship Odds?
Betting on golf is different from most sports because it runs over four days and involves many different types of markets.
The most common PGA Tour Championship betting market is the tournament winner. Bettors get the best odds because only one golfer can win the tournament. However, there are many other ways to win when betting on golf.
There are top five, top 10, top 20 and make-the-cut markets. Bettors get shorter odds because of the higher chance of success but the odds are always on the generous side.
Bettors can also bet on groups for all four days. There are often groups of three or two, so bettors love to parlay players from a few groups. It’s a great way to have some interest in the PGA Championship.
Tiger Woods is always going to be at the top of the list after securing four PGA Championships throughout his career.
Those who bet on golf know how safe a bet Woods’ was during the peak of his career. He won his first at Medinah in 1999 and his most recent in 2007 at Southern Hills. He went close when finishing runner-up to Koepka in 2018.
Jack Nicklaus, who is considered by many as the best of all time, owns five wins. The Golden Bear won his last in 1980 when destroying the field by seven strokes at Oak Hill.
He won his first in 1963, so there were 17 years between victories in what was a stellar PGA Tour Championship career.
We can’t have a PGA Championship ranked golfers list without adding Walter Hagen. He might not be a household name with younger golf fans, but Hagen won four consecutive titles from 1924-1927.
It was when the PGA Championship was a matchplay competition, but take nothing away from the legend’s record.
Another legend makes the top five and his name is Sam Snead. A dominant player, Snead was a prolific winner and a three-time winner of the PGA Championship. Online golf betting wasn’t a thing back then, but his odds would have been around +200 to win.
Our five picks weren’t easy because there are so many two-time winners to pick from. However, we are going with Rory McIlroy, who won in 2012 and 2014.
McIlroy was on top of the world but he hasn’t won another major since. It makes his 2014 victory more special and his first win came by eight strokes, so he didn’t give the opposition a chance at Kiawah Island.
Past 4 Winners
Top Five Ranked Golfers (All-Time)
Justin Thomas won his second PGA Championship when winning in 2022 at Southern Hills. It was a stunning final nine-hole comeback from the American after Mito Pereira choked on the final hole.
It followed another incredible win from Phil Mickelson, who won in 2021 at PGA Championship odds of +12500. It was a win out of nowhere for the Hall of Fame golfer, who turned back time to win at Kiawah Island.
The PGA Tour Championship was won by Collin Morikawa before that. The youngster scored by two strokes over Paul Casey and Dustin Johnson to secure his first major victory.
It was the Brooks Koepka show in 2018 and 2019. The American was dominating the majors during those two years and he won both victories by two strokes over Tiger Woods and Dustin Johnson respectively.