2024 PGA Championship Odds & Updated Betting Lines: Scheffler Clear Favorite for Valhalla

The PGA Championship odds will undergo one last overhaul across our best golf betting sites based on the results of this week's PGA Tour event(s) before the stars visit Valhalla Golf Club for 2024's second major.

The PGA Championship returns to Valhalla Golf Club in Louisville, Ky., in 2024 for the first time since Rory McIlroy's victory in 2014. Scottie Scheffler will look to continue his 2024 domination by winning a second straight major this year.

Scottie Scheffler set himself as the unquestioned betting favorite by the PGA Championship odds with his second Masters victory in three years. That was Scheffler's third victory of the 2024 PGA Tour season, and he locked himself into the No. 1 spot in the Official World Golf Ranking (OWGR).

He followed it up with another multi-stroke victory in the RBC Heritage the next week. Scheffler is unexpectedly skipping the final precursor event to the year's second major, with McIlroy the betting favorite by the Wells Fargo Championship odds in his stead.

Ever further behind Scheffler on the PGA Championship oddsboard are McIlroy, Jon Rahm, and Brooks Koepka - the defending PGA Champion. Koepka won his fifth career major at Oak Hill Country Club in 2023.

Here are the best PGA Championship odds for 2024 (odds via our best sports betting sites).

2024 PGA Championship odds

(Odds as of May 9)

Favorites for the 2024 PGA Championship

Scottie Scheffler (+410 via FanDuel)

Scheffler has created a lot of separation between himself, and Rahm and McIlroy as the favorites at our best sports betting apps. The best odds available before the Masters were +650 via Caesars. A lingering outlier +550 ticket for him to win the PGA Championship shortened considerably following the RBC Heritage.

Scheffler's market-low +300 odds from Caesars represent an implied win probability of 25.00%. It seems silly, but there's not much of a case to build for betting against Scheffler in any event right now.

Rory McIlroy (+1500 via Caesars)

Rory, always a popular bet in majors despite his lengthy winless drought, will be even more popular for the 2024 PGA Championship out of respect for his victory at Valhalla in 2014.

Even though we have an outlier +1100 offering from BetMGM, I have little to no interest in a futures bet on the Northern Irishman. Though still ranked No. 2 in the OWGR, he's showing no signs of truly competing against the best fields in golf, and he can't seem to get his driver, irons, and putter to all be in proper form in the same round, let along over a 72-hole event.

After winning the Zurich Classic of New Oreans team event with playing partner Shane Lowry, McIlroy is the consensus favorite to win the Wells Fargo Championship for the fourth time in his career.

Jon Rahm (+1500 via FanDuel)

Rahm, the defending Masters champion, made the cut at 5-over par for the first major of 2024. His departure for LIV Golf will take plenty of blame for that lackluster performance, and maybe that's fair. Rahm finished in the top 10 of each of LIV's first five events of the year, but without a finish better than T-3 in his debut appearance.

His game isn't nearly as sharp as it was at this time a year ago.

Brooks Koepka's PGA Championship odds

+1600 via DraftKings

Koepka still carried PGA Championship odds as high as +2100 just a week. After winning LIV Golf's Singapore event, those odds have shortened significantly to this market high of +1600.

With Caesars still offering the market low of +1200, there remains value in this outlier offering from FanDuel and DraftKings.

Tiger Woods' PGA Championship odds

+16000 via FanDuel

There's zero reason to bet Tiger in any major. His greatest strength in the Masters is his experience at Augusta National, and he doesn't hold as great a share of that benefit at the other major venues.

PGA Championship info

• When: Thursday, May 16 - Sunday, May 19
• Where: Valhalla Golf Club, Louisville, Ky.
• How to watch: ESPN and CBS
• Defending champion: Brooks Koepka
• Favorite: Scottie Scheffler (+400 via FanDuel)

Valhalla Golf Club course profile

• Par: 72
• Length: 7,540
• Architect: Jack Nicklaus

Valhalla Golf Club last hosted the PGA Championship in 2014 with Rory McIlroy winning. It previously hosted the event in 2000 when Tiger Woods claimed the title. Overall, the 2024 event will be the fourth time Valhalla hosts the PGA Championship. It also hosted the 2008 Ryder Cup.

PGA Championship field

Here are the qualifying requirements for the PGA Championship, with the 2024 field capped at a maximum of 156 golfers.

• All former winners of the PGA Championship
• Winners of the last five Masters
• Winners of the last five U.S. Opens
• Winners of the last five Open Championships
• Winners of the last three Players Championships
• Top three in the OWGR's International Federation Rankings List as of April 29, 2024
• Winner of the 2023 KitchenAid Senior PGA Championship
• Top 15 finishers and ties from the 2023 PGA Championship
• Top 20 finishers from the 2024 PGA Professional Championship
• Top 70 players who are eligible and have earned the most PGA Championship points from the 2023 Charles Schwab Challenge through the 2024 CJ Cup Byron Nelson
• Playing members of the last named U.S. and European Ryder Cup teams (2023) provided they remain in the top 100 of the OWGR as of May 6
• Winners of PGA Tour co-sponsored or approved tournaments whose victories are considered official, from the 2023 Charles Schwab Challenge through the 2024 Wells Fargo Championship and Myrtle Beach Classic
• The PGA of America reserves the right to invite additional players not included in the categories above
• If necessary to complete the field, those players beyond the top 70 players who are eligiible and have earned the most PGA Championship points through May 5, in order of position on the list

PGA Championship odds over time

Below, we look at the opening PGA Championship odds for the favorites in comparison to the current odds for those opening favorites; latest odds via DraftKings. 

Recent PGA Championship winners

PGA Championship FAQ

Who is the PGA Championship favorite?

Scottie Scheffler is the early 2024 PGA Championship favorite with odds as low as +300 via Caesars. Those odds imply a 25.00% win probability.

Who won the PGA Championship last year?

Brooks Koepka won the 2023 PGA Championship at Oak Hill Country Club. It marked his third Wanamaker Trophy.

When is the 2024 PGA Championship?

The 2024 PGA Championship will be played in May 2024. The exact date won't be known until the full 2023-24 PGA Tour schedule is released.

Where is the PGA Championship this year?

Valhalla Golf Club in Louisville, Ky. is the host site of the 2024 PGA Championship. Valhalla GC last hosted the PGA Championship in 2014, with Rory McIlroy winning the Wanamaker Trophy.

How can you watch the PGA Championship?

Coverage of the 2024 PGA Championship will be split between ESPN and CBS, with CBS airing the Saturday and Sunday afternoon sessions.

Where is the 2025 PGA Championship?

Quail Hollow, in Charlotte, N.C., will host the 2025 PGA Championship. It'll be the second PGA Championship played at this venue and the first since Justin Thomas' victory in 2017.

How to bet on golf

Betting on golf involves understanding the various types of bets available and how to assess player performance. First, familiarize yourself with the different types of bets commonly offered in golf, including outright winner bets, each-way bets (which cover both a win and a top finish), head-to-head matchups between two players, and proposition bets on specific events within a tournament, such as hole-in-one occurrences or individual player performances on certain holes.

Once you've identified the types of bets you're interested in, research the players, course conditions, recent form, and other relevant factors that could influence outcomes. Pay attention to factors like player statistics, recent tournament performances, course history, and any injuries or changes in form that may affect a player's performance.

How to read golf odds

Here's how to read golf betting odds using American odds format:

• Positive odds: Positive odds indicate the potential profit on a $100 wager. For example, if a golfer has odds of +300, it means that a $100 bet would yield a profit of $300 if the golfer wins the tournament. So, your total payout would be $400 ($300 profit + $100 original stake).
• Negative odds: Negative odds represent the amount you need to wager to win $100 in profit. For instance, if a golfer has odds of -200, it means that you would need to bet $200 to win $100 in profit if the golfer wins. Your total payout would be $300 ($100 profit + $200 original stake). In a tournament like the Masters, it's unlikely to see negative odds on any golfer until late in Sunday's final round while using our best live betting sites.

Understanding these American odds allows you to quickly assess the potential payout and implied probability of a golfer winning a tournament. Positive odds indicate an underdog, while negative odds signify a favorite.

Odds will move leading up to a tournament's start and throughout the event. Live odds will be reflective of the current leaderboard, golfer performance, and the position of the pre-tournament favorites. The odds also factor in the popularity of certain golfers, and how much money the sportsbooks have taken on those golfers to win the tournament.

More major championship odds

Odds via bet365 as of May 9.

Golf betting odds pages

Here are our best golf betting sites:

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Related pages

• Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)