PGA Tour 2023 Charles Schwab Challenge Betting Odds and Analysis

PGA Tour 2023 Charles Schwab Challenge Betting Odds and Analysis

The 2023 Charles Schwab Challenge brings May to a close on the PGA Tour, with the 120-man field set to tee it up at the Colonial Country Club in Fort Worth, Texas. The event is one of five events on the PGA Tour that is designated as an invitation-only event. Tournament play begins on Thursday, May 25th, and concludes on Sunday, May 28th, with a traditional cut after the first two rounds of the tournament.

The defending champion for the event is Sam Burns, who defeated Texas native Scottie Scheffler in a playoff to capture his fourth PGA Tour victory. Burns posted a four-day score of 271, nine-under par.

Let’s dive into the top favorites and some surprise picks to watch out for, look at their PGA betting odds and find out why they have those lines before placing your next golf bets.


Charles Schwab Challenge Betting Update | MyBookie Golf Preview

Colonial National Invitation:
When: May 25-28, 2023
Where: Colonial Country Club | Fort Worth, Texas
Par / Length: 70 / 7,209 yards (6,592 m)


Colonial Country Club

Colonial Country Club was established in 1936 and has been the host of this tournament since its inception in 1946. The course sits along the south bank of the Trinity River and was designed by Perry Maxwell and John Bredemus. From the back tees the course stretches over 7,200 yards and creates a challenging task playing as a par-70.

The four par-3s measure over 190 yards in length, with the par-3 4th measuring approximately 247 yards. The par-5 first hole runs 565 yards, while the second par-5, the 11th hole, stretches well over 600 yards. Par-4s offer the best scoring opportunities, with many at 450 yards or less.


The Field

This year’s field is filled with numerous players ranked inside the top 50 in the Official World Golf Rankings. Headlining the field is world No. 2 Scottie Scheffler, fresh off a T2 at the PGA Championship a week ago. Scheffler looks to collect his third victory of the calendar year and second of his career in his home state.

Joining Scheffler in the field is Lone Star native Jordan Spieth, Tony Finau, Max Homa, and Collin Morikawa. Spieth won this event in 2016. Viktor Hovland, who played in the final pairing on Sunday of the PGA Championship, is set to tee it up as well. 

Past champions in the field this week alongside Burns and Spieth include Justin Rose (2018), Kevin Kisner (2017), Chris Kirk (2015), and Zach Johnson (2012, 2010). Johnson owns the tournament’s scoring record with a 259, 21-under set in 2010.

PGA club professional Michael Block, who became one of the main storylines at last week’s major with his T15 finish, earned the final exemption into the tournament and will try to keep the magic going for another week.


Charles Schwab Challenge Betting Favorites

Scheffler is a heavy pre-tournament favorite heading into Thursday’s first round. Four players, Hovland, Finau, Spieth, and Morikawa, are his closest competitors at the books. Hovland and Spieth are looking to win for the first time in 2023, while Morikawa hasn’t picked up a victory since 2021.

Sungjae Im looks to shake off a missed cut at Oak Hill and find the form he had when he posted three-straight T10s heading into the season’s second major. Homa is another favorite trying to shake off a T55 last week and earn his third win of the season.

Rounding out the top 10 favorites are Rose, Tommy Fleetwood, and last year’s winner Sam Burns.

Bet Charles Schwab Challenge to Win
MyBookie Betting Lines for the Tournament


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2024 PGA Championship Odds

Who will reign supreme at Valhalla? See the 2024 PGA Championship odds and place your bet!

Golfer PGA Odds
Scheffler, Scottie +400
Mcilroy, Rory +680
Schauffele, Xander +1300
Koepka, Brooks +1475
Rahm, Jon +1525
Aaberg, Ludvig +1900
DeChambeau, Bryson +2400
Morikawa, Collin +2800
Homa, Max +2900
Niemann, Joaquin +3100
Cantlay, Patrick +3700
Clark, Wyndham +3800
Hovland, Viktor +3900
Fleetwood, Tommy +4100
Smith, Cameron +4400
Thomas, Justin +4600
Young, Cameron +4600
Hatton, Tyrrell +5000
An, Byeong-hun +5400
Burns, Sam +5800
Day, Jason +6000
Matsuyama, Hideki +6000
Lee, Min Woo +6000
Spieth, Jordan +6200
Fitzpatrick, Matthew +6400
Zalatoris, Will +6600
Kim, Si-woo +7000
Im, Sung-jae +7000
Finau, Tony +7500
Johnson, Dustin +8000
Straka, Sepp +8500

Bet PGA Championship Odds to Win

Golfer PGA Odds
Conners, Corey +9000
Lowry, Shane +9500
Henley, Russell +10000
Gooch, Talor +10000
Scott, Adam +11000
McCarthy, Denny +11000
Bhatia, Akshay +11000
Noren, Alexander +11000
Burmester, Dean +11000
Jager, Stephan +12000
Reed, Patrick +14000
Mitchell, Keith +14000
Kitayama, Kurt +14000
Kim, Joo-Hyung +14000
Hojgaard, Nicolai +14000
Harman, Brian +15000
English, Harris +15000
Kirk, Chris +15000
Pendrith, Taylor +15000
Fowler, Rickie +17000
Bezuidenhout, Christiaan +17000
Bradley, Keegan +18000
Hughes, Mackenzie +18000
Poston, J. T. +19000
Hoge, Tom +19000
Detry, Thomas +20000
Davis, Cameron +20000
Moore, Taylor +20000


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