PGA Championship Odds & Updated Betting Lines: Top Dogs Head to Valhalla for 2024

Odds for the second major championship of the 2024 season are on the move. Rory McIlroy won the last time the PGA Championship came to Valhalla Golf Club in 2014 — find out where he stands a decade later after dominating at Quail Hollow.

May 13, 2024 • 09:07 ET • 5 min read
Rory McIlroy PGA Championship PGA Tour
Photo By - USA TODAY Sports

The second major championship of the season, the PGA Championship at Valhalla Golf Club, is finally here. 

In the PGA Championship odds, defending champion Brooks Koepka (14/1) lags behind two of golf's biggest stars, Masters winner Scottie Scheffler (4/1) and Rory McIlroy (7/1). All three have won their last start with Rory winning each of his last two and Scheffler winning four of his last five. 

2024 PGA Championship odds

Odds at a glance:

  • Scotie Scheffler: 4/1
  • Rory McIlroy: 7/1
  • Brooks Koepka: 14/1
  • Jon Rahm 16/1
  • Xander Schauffele 16/1
  • Ludvig Aberg: 16/1
Golfer bet365 DraftKings
Scotie Scheffler +400 +400
Rory McIlroy +700 +700
Brooks Koepka +1,400 +1,200
Xander Schauffele +1,400 +1,400
Jon Rahm +1,600
+1,600
Ludvig Aberg +1,600 +1,600
Collin Morikawa +2,500 +2,200
Bryson DeChambeau +2,500 +2,200
Max Homa +2,800 +3,000
Patrick Cantlay +3,500
+3,500
Justin Thomas +3,500 +4,000
Cameron Smith +3,500 +3,000
Wyndham Clark +3,500 +3,500
Joaquin Niemann +3,500 +3,000
Viktor Hovland +3,500 +3,500

Odds as of 5/13.

Live odds to win the PGA Championship

We've also got live, up-to-date odds for all the golfers that matter at the 2024 PGA Championship. See the best odds from legal golf betting sites in your region.

Live odds to finish in the Top 10 at the PGA Championship

Picking the winner of a major golf tournament is a tough job, but the good news for bettors is that you can still get good odds on for golfers finishing in the 10 at the PGA Championship this month. Below we have odds for PGA Championship golfers to finish within the Top 10 at Valhalla!

2024 PGA Championship favorites

Scottie Scheffler (+400)

No matter the course or the conditions, you can almost guarantee Scottie Scheffler will be in contention at the majors. 

He followed up his Masters victory with a win at the RBC Heritage and has won four of his last five starts. His world-class form is reaching new heights and he's a clear favorite at Valhalla as a result. 

Rory McIlroy (+700)

The last time the PGA Championship came to Valhalla, Rory entered the week after back-to-back wins and he went on to win, beating Phil Mickelson by one shot. He's entering the 2024 edition in similar form after winning the Zurich Classic (with Shane Lowry) and dominating the field at Quail Hollow over the weekend.

The four-time major winner has been incredibly consistent at the majors over the last two years and the stars might just be aligning for him to win a fifth. 

Brooks Koepka (+1,200 to +1,400)

The form is often come and go for the five-time major winner but when a major championship comes around, we expect Brooks to be at the top of his game. That good form returned with a win at LIV Golf Singapore two weekends ago. 

He's won the PGA Championship three times in his last six tries and has finished inside the Top 5 thrice more in his career. He also finished T15 when it was at Valhalla in 2014. 

Best PGA Championship bonuses

BetMGM New Users
Get a no-sweat first bet
Up to $1,500! Claim Now

Caesars New Users
Get up to $1,000 in bonus bets
If your first bet loses! Claim Now

Eligible USA locations only. Also, see our full list of best sportsbook promotions for 2023.
21+. Gambling Problem? Call 1-800-GAMBLER

PGA Championship past champion odds

  • Rory McIlroy +700 
  • Brooks Koepka +1,400
  • Collin Morikawa +2,500
  • Justin Thomas +3,300
  • Jason Day +5,500 
  • Keegan Bradley +17,500 
  • Tiger Woods +20,000 
  • Phil Mickelson +25,000
  • Martin Kaymer +60,000
  • Padraig Harrington +60,000
  • Jason Dufner +200,000
  • Jimmy Walker +250,000

PGA Championship betting trends

  • Americans have won each of the last eight editions of the PGA Championship.
  • Eight of the last 10 winners had previously finished Top 10 at the PGA Championship.
  • Seven of the last 10 winners had finished Top 10 in at least one of their previous two major championship starts. Brooks Koepka finished second at the Masters before winning last year's edition.
  • Seven of the last 10 winners ranked in the Top 30 in driving distance in the season of their win. Rory McIlroy ranked first when winning here in 2014.
  • Seven of the last 10 winners had already won an event the season of their PGA Championship victory. 

PGA Championship recent winners and odds history

Six of the last seven winners closed with 35/1 odds or shorter, including Brooks Koepka three times (18/1, 10/1, and 20/1). With that said, we've also seen massive longshots win over the last 20 years, including Phil Mickelson in 2021 (200/1) and Keegan Bradley in 2011 (150/1).

Year Golfer Closing odds
2023 Brooks Koepka +2,000
2022 Justin Thomas +1,600
2021 Phil Mickelson +20,000
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

Odds courtesy of GolfOdds.

How to bet on golf

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

How to read PGA Championship odds

Betting odds for the PGA Championship, like other sporting events, can be presented in various formats, including American odds, fractional odds, and decimal odds. However, American odds are commonly used in the United States for sports betting. Here's how to read PGA Championship betting odds in American format:

Positive odds: Positive odds indicate the potential profit on a $100 bet. They are typically associated with underdogs or less likely outcomes.

For example, if you see odds of +500 on a golfer winning the PGA Championship, it means a $100 bet on that golfer would potentially yield a $500 profit if they win. Your total return would be $600 ($100 stake plus $500 profit).

Negative odds: Negative odds indicate how much you need to bet to profit $100. They are usually associated with favorites or more likely outcomes.

For instance, if you see odds of -150 on a golfer to win the PGA Championship, it means you would need to bet $150 to potentially win $100 in profit. Your total return would be $250 ($150 stake plus $100 profit).

Whether positive or negative, the odds provide insight into the perceived likelihood of a golfer winning the tournament. Higher positive odds indicate that the golfer is less likely to win but could yield a higher return if successful. Lower negative odds suggest that the golfer is favored to win but may yield a smaller return due to the higher probability of success.

More major championship odds

Event Favorite Odds
U.S. Open odds Scottie Scheffler +350
The Open Championship odds Scottie Scheffler +350

Odds courtesy of bet365.

PGA Championship Odds FAQS

Pages related to this topic

Popular Content

Legal Canadian sports betting

Best Canadian betting sites Ontario sports betting
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo