Arnold Palmer Invitational Odds & Favorites 2024: Scheffler Leads Signature Field to Bay Hill

sportsbookreview.com

04 March 2024

Another PGA Tour Signature Event takes place this week with a 69-man field at Bay Hill Club & Lodge as we break down the Arnold Palmer Invitational odds from our best golf betting sites with Scottie Scheffler as the betting favorite.

Credit to several of our best sports betting sites for releasing early Arnold Palmer Invitational odds ahead of Austin Eckroat's victory in the weather-delayed Cognizant Classic.

The Arnold Palmer Invitational being a Signature Event helps to limit the potential impact of the results of Monday's finish for last week's tournament. The elite 69-man Arnold Palmer Invitational field is fronted by Scottie Scheffler and Rory McIlroy, who remain ranked at No. 1 and 2 in the Official World Golf Ranking (OWGR), respectively. Kurt Kitayama will attempt to defend his 2023 title at Bay Hill Club & Lodge.

Here's our breakdown of the Arnold Palmer Invitational odds from our best sports betting apps. Don't miss our look at the Puerto Rico Open odds for a rather different field.

Arnold Palmer Invitational odds 2024

Arnold Palmer Invitational odds as of Monday at 1:25 p.m. ET

Who is the Arnold Palmer Invitational favorite?

Scottie Scheffler (+650 via DraftKings)

Still comfortably atop the OWGR, Scheffler opened as the betting favorite for the Arnold Palmer Invitational and carries odds of +650 at DraftKings and bet365, while FanDuel has him priced slightly shorter at +600. Those odds represent an implied win probability of 13.33% in the 69-man field. An equal 1-in-69 chance would equate to a 1.45% win probability.

But Scheffler is clearly the class of the field. The World No. 1 finished in the top 10 of four of his first five events of 2024, with a best result of T-3 in the WM Phoenix Open. He most recently tied for 10th in the Genesis Invitational.

Scheffler has three appearances in the Arnold Palmer Invitational, with a victory in 2022 and a T-4 finish last year. His 2.86 true strokes gained on the field per round rank second among everyone with more than four competitive rounds played at Bay Hill.

Scheffler leads all eligible golfers in strokes gained: total since Jan. 1, thanks largely to his exceptional iron play. However, his putter remains his weakness and he lost strokes on the greens of Bay Hill last year as well.

Wait for more of our best sportsbooks to post their Arnold Palmer Invitational odds in hope of more variance in Scheffler's odds, but we aren't likely to see a number better than +750 by Thursday's tournament start.

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Bay Hill Club & Lodge course info

Par: 72
Length: 7,466 yards
Greens: Bermuda
Architect: Dick Wilson, Frank Hubbard

Arnold Palmer Invitational tournament info

Where: Arnold Palmer's Bay Hill Club & Lodge
When: Thursday, March 7 - Sunday, March 10
Field: 69
2023 champion: Kurt Kitayama
Purse: $20 million
FedEx Cup points: 700

Arnold Palmer Invitational recent winners

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.