2023 Arnold Palmer Invitational Picks & Live Odds: Tracking the Action at Bay Hill

Another designated event, another week of Jon Rahm (+700) atop the odds board. He headlines the field as the PGA Tour heads to Bay Hill for the Arnold Palmer Invitational — follow along with our live odds board below.

Chris Gregory - Publishing Editor at Covers.com
Chris Gregory • Publishing Editor
Mar 2, 2023 • 09:09 ET • 4 min read

The PGA Tour's superstars are back in action this week for the fourth of 17 designated events: the Arnold Palmer Invitational at Bay Hill. 

To the surprise of... checks notes... absolutely no one, World No. 1 Jon Rahm is once again the solo betting favorite after winning for the third time this season two weeks ago. The field is otherwise jam-packed with 44 of the OWGR Top 50 and all 14 of this season's Tour winners.

We break it all down in our Arnold Palmer Invitational betting preview below, including outright odds, free golf picks, and more. 

Best Arnold Palmer Invitational bonuses

If you're looking to bet on some PGA Tour action, here are two of the best bonuses* available:

A) New users can bet $5 and get up to $150 in bonus bets at FanDuel! Sign Up Now

B) New users can bet $5 and get up to $200 in bonus bets at DraftKings! Sign Up Now

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

Arnold Palmer Invitational picks and predictions

Tyrrell Hatton Top 30 (-110 at bet365)

Hatton’s history here at Bay Hill goes well beyond his victory in 2020. He finished runner-up a season ago and has finished outside of the Top 30 just once in six career tries. 

Though we say it almost every week, this is even more so a ball-striker's course and Hatton should be up to the task as he’s proven to be in past years. He’s gained strokes on approach in five of six years with showings of +7.72 in his 2020 victory, +6.96 in a 2017 fourth-place finish, and 3.96 in 2021 (T21). 

He’s also paired that with rather incredible putting performances; he’s gained a massive 5.5 strokes or more putting in three of those six starts – a massive advantage on a course that so often neutralizes guys on the green.

He ranks 12th in Par-5 scoring this season (4.44) – a critical stat when you consider how few and far between scoring opportunities come outside of Bay Hill’s four Par 5s in a routinely higher-scoring event. 

I’m not against being more aggressive with a Top-20 play at +150 but considering this field will be stronger than in years past, I’m playing it safer with a Top 30. 

Keith Mitchell over Tom Kim (-120 at DraftKings)

The Tom Kim buzz has certainly worn off since a superb start to his rookie campaign back in the fall and I believe Mitchell can take advantage this week. 

The rookie went T50 in Phoenix and T45 at Riviera – both designated events – and will once again be put to the test as a debutant at Bay Hill. The stellar iron play we’ve seen from him to start the season has regressed rather drastically and that should really hold him back this week.  

It’s been a much different story for Mitchell, who finished fifth at Riviera just two weeks after finishing fourth at Pebble Beach. He’s also proven he can hang here with two Top-6 finishes in four career API tries. 

Kim is uber-talented and should go on to win Rookie of the Year, but this week, the cards appear to be stacked against him. I’m taking the experienced Mitchell here at -120.      

Odds to win 2023 Arnold Palmer Invitational

Arnold Palmer Invitational field and favorites

As mentioned at the onset, 44 of the World's Top 50 means this is another beefy, major championship field, but that's not stopping the usual suspects from rising to the top.

Jon Rahm (OWGR No. 1) enters the week a +700 solo favorite, followed by 2018 winner Rory McIlroy (No. 2) at +950 and defending champion Scottie Scheffler (No. 3) at +1,000. 

Rahm is making just his second career start here at Bay Hill (T17 in 2022), but Rory has been contending here for nearly a decade with a win among seven Top 15s in eight career tries.

There's a gap between the first and second tiers, with Willy Z and Morikawa the next best things at 21/1, followed by Max Homa at 22/1

There are also a couple of recent API winners in the field, including Rory and Scheffler as mentioned above, Jason Day (+3,100), Tyrrell Hatton (+3,600), and Francesco Molinari (+25,000).

Arnold Palmer Invitational recent winners and odds history

Let's take a look at some recent Arnold Palmer Invitational winners and their closing odds to win:

Year Golfer Closing odds
2022 Scottie Scheffler +2,000
2021 Bryson DeChambeau +1,200
2020 Tyrrell Hatton +5,000
2019 Francesco Molinari +2,500
2018 Rory McIlroy +1,600
2017 Marc Leishman +8,000
2016 Jason Day +1,200
2015 Matt Every (2) +15,000
2014 Matt Every +5,000
2013 Tiger Woods (8) +275
2012 Tiger Woods (7) +800
2011 Martin Laird +2,500
2010 Ernie Els (2) +2,000

Odds courtesy of GolfOdds.

Arnold Palmer Invitational Odds FAQs

Pages related to this topic

Chris Gregory Covers.com
Publishing Editor

In his three years on the Covers editorial team, Chris Gregory has helped bolster the site’s PGA Tour and college football coverage, though his love for Rory McIlroy and the Buckeyes is often met with disappointment. He brings a journalism and marketing background to his work as a Publishing Editor and has appeared on Jason Logan’s Sharp 600 to talk about the Masters and golf’s other majors.

His best betting advice? Stay away from betting your favorite teams; it’ll only make the hurt worse.

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