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


Next 2023 PGA Tour Event

Fortinet Championship Betting Odds

GolferPGA Odds
Max Homa +680
Sahith Theegala +1475
Justin Thomas +1525
Cameron Davis +1975
Beau Hossler +2300
Eric Cole +2300
J.J. Spaun +3200
Brendon Todd +3300
Andrew Putnam +3300
Akshay Bhatia +3700
Lucas Herbert +4200
Mark Hubbard +4400
Doug Ghim +4500
Justin Suh +4500
Alex Noren +4500
Taylor Montgomery +4800
Matt Kuchar +5600
Webb Simpson +6000
Austin Eckroat +6200
Bet Fortinet Championship Odds to Win


I have read enough, I need to place my bet now. What to do?

Bet PGA Tour Lines
MyBookie Odds for the Tournaments


Golf Betting Center

Updated Golf Betting Odds | Online Betting Lines