Scheffler, Rahm Lead Favorites to Valhalla

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15 May 2023

Scheffler, Rahm Lead Favorites to Valhalla

The 2022-23 PGA Tour season is over as golf bettors now prepare for 2024 with the PGA Championship odds from ourbest golf betting sitesas the tournament returns to Valhalla Golf Club in Louisville, KY.

The PGA Championship comes back to Valhalla Golf Club in Louisville, KY in 2024 for the first time since Rory McIlroy's victory in 2014.

The oddsboard looks as one may expect, with Scottie Scheffler, Jon Rahm, and McIlroy as the top three favorites. They occupy spots No. 1 through 3, in the Official World Golf Ranking (OWGR) heading toward 2024.

Brooks Koepka, who won his fifth major at Oak Hill Country Club in 2023, soared to fourth on the 2024 PGA Championship futures oddsboard as the reigning champ.

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

2024 PGA Championship odds

(Odds as of Aug. 29)

PGA Championship betting analysis

The early odds from DraftKings didn't move throughout the rest of the 2023 major season. This has allowed competing sportsbooks to post odds which are now much more appealing to bettors, for the most part.

Though Scheffler, Rahm, and McIlroy have remained the rightful top names on the oddsboard, bettors can gain an edge by acting early on some of the lingering long shots who improved their world ranking over the course of the season. Expect the best sportsbooks to turn more attention to this futures market early in 2024.

PGA Championship odds movement

With our top five sportsbooks having odds for the 2024 PGA Championship, bettors need to be sure to shop around for the best prices. There's still a wide degree of separation a little further down the board.

The most notable recent change in the PGA Championship futures odds was the shortening of Viktor Hovland's odds to win across the market following his 2023 FedEx Cup victory.

Favorite for the PGA Championship 2024

Scottie Scheffler (+850 via FanDuel)

Scheffler and Jon Rahm finished T-2 and T-50, respectively, during the 2023 PGA Championship. Of course, Rahm was coming off his victory in the Masters as the two continued to shuffle in and out of the top spot in the OWGR.

Rahm leads Scheffler with two career major wins to one. Given how strongly the two of them started the 2023 calendar year, there's no guarantee the 2024 PGA Championship odds for either one will get much higher. Be sure to jump on it if any of our best sports betting apps offer a +1000.

Tiger Woods' PGA Championship odds

Woods opened at +10000 to win the 2024 PGA Championship via DraftKings. Following a T-45 finish in The Genesis Invitational, he was forced to withdraw from the Masters due to an injury after making the cut. He then proceeded to withdraw from the final three majors of 2023.

Woods' odds should only continue to rise over the next year as he remains away from competitive golf, and our best sports betting sites will be offering plenty of promos and boosts should he still be in the field come next May.

Recent PGA Championship winners

PGA Championship info

When: Thursday, May 16 - Sunday, May 19
Where: Valhalla Golf Club, Louisville, KY
How to watch: ESPN and CBS

Golf betting odds pages

PGA Championship FAQ

Who is the PGA Championship favorite?

Scottie Scheffler is the early 2024 PGA Championship favorite with odds as high as +850 via FanDuel.

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 2024 PGA Championship?

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.