PGA Championship Betting

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In our PGA Championship betting guide, get the lowdown on 2023’s second major. One of Golf’s Holy Grail – the 4 major tournaments – the US PGA Championship returns to Oak Hill in suburban Rochester, N.Y. in 2023 and will feature a strong international field of former No. 1 ranked players.

In our PGA online betting preview, we describe how to get betting value for your wagers, the players and their odds, developing a successful betting strategy, PGA Championship betting tips and vitally, advising you which of the online sportsbooks will provide the best bang for your PGA betting buck.

What is the PGA Championship?

One of Golf’s 4 majors alongside The Masters, the U.S. Open and the British Open, the 2023 PGA Championship returns to Rochester for the fourth time.

A 72-hole stroke play tournament with a rich history dating back as far as 1916 has seen some of golf’s greatest moments and legendary players take home The Wanamaker Trophy awarded to the tournament’s champion.

How to Bet on the PGA Championship

From seasoned sports betting experts to beginners looking to tap into the best PGA Championship betting odds, you’ll all require to follow same step-by-step process in order to get started with betting on the PGA Championship.

Begin by registering with several of the recommended legal PGA Championship betting sites to enjoy a variety of different betting markets and the best odds for the tournament. For example, you might receive great odds on Dustin Johnson to win with FanDuel and find the best prop bet for the lowest second round with Borgata. We will discuss the different betting market types available later in this betting guide. For those new to vagaries of betting odds, please consult our odds guide.
From one of the several PGA Championship betting sites you signed up to, head to the ‘Golf betting’ section, or it may be named ‘PGA Tour’ or ‘PGA Championship betting’. Study the different betting markets and PGA Championship betting odds available, such as money lines, props etc.
Choose the type of PGA golf bets you’d like to place;

Outright Winner
Round leaders
Match Betting (between two golfers in a single group)
Futures Betting (e.g. Outright tournament winner selected weeks or months before the event to get better odds) etc.)
Select your chosen betting amount, keeping firmly in your mind that it should be a figure that you can afford to lose. Like any other form of online sports or online casino wagering, your PGA Championship betting should be considered an entertainment expense rather than your potential second paycheck.
After registering with a selection of the recommended PGA Championship betting sites and choosing a personalized amount and type, it’s time to deposit money to your sportsbook accounts. Regardless of which online sportsbooks you have selected, you will qualify for a Welcome Bonus (most commonly a risk-free first bet or a first deposit matching bonus are the sign-up bonuses and promotions). Read the terms and conditions of the offer thoroughly. Once you have deposited using one of convenient payment methods on offer, get your wager locked in to secure the best possible betting odds and enjoy maximizing your potential wins from the PGA Championship sites.
Early wagering almost always secures the best possible PGA Championship betting odds in futures betting markets like PGA Championship outright winner.

Popular Types of PGA Championship Bets

Due to the nature of the sport of golf, the number of betting types on offer are not as wide as the NFL, MLB or NBA. However, there are some nice betting markets available through the PGA Championship betting sites that inspire the imagination and can potentially help your wallet grow fatter;

Outright Winner – Whether taken as a futures wager to secure the best odds, or live in-play during the tournament, picking the PGA Championship Winner is the easiest and most popular betting type.
Match Betting – For the last two rounds of a major tournament like the PGA Championship, the golfers are grouped together in a pair. Bet on which player will shoot the lowest score in their pair.
Three Ball Betting – As above for match betting, choose which of three players grouped together for Rounds 1 & 2 will shoot the lowest score.
Group Betting – Prediction wager on which player in the group will finish highest on the leader board after the round’s completion.
Prop Betting – From the nationality of the winner, to the longest drive in the tournament and most birdies during play, a huge number of prop bets are on offer.

Betting options beginners should avoid

Parlay Bets – Betting on an outright winner in golf is hard enough, but including the PGA Championship winner as one-leg of a parlay wager is downright betting suicide for any beginner.

Given the accumulative of the wager (Parlay bets are a selection of 3-or-more wagers – each standalone bet in a parlay wager is known as a ‘leg’) parlay bets are difficult to win, and therefore avoided by newcomers unless a parlay promo is on offer.

For beginners looking to decrease risk while increasing their experience in parlay betting, many PGA Championship betting sites and betting apps have ongoing promotions which will pay out your win even should you lose one leg of your parlay wager.

See ‘PGA Championship betting bonuses and promotions’ section below for further details.

Live Betting

Live betting has been one of the fastest-growing types of betting across all sports in recent years and is a fun way to wager on golf with odds updating in real time. If the golfer you bet on in your futures wager, let’s say Dustin Johnson, is out of the winning mix or misses the cut, you can get back on winning ways by betting on a different golfer like Bryson DeChambeau for example, as the final two rounds go by.

The odds will not be as high with usually only a handful of golfers in the running on the last 2 days, but your odds of winning will be.

What’s more, using cash-out and in-play live betting action together can assist in minimizing your losses, and maximizing your wins in mobile format on-the-go, or relaxing at home on the sofa.

Who is the Favorite to Win the PGA Championship?

Your betting strategy on the 2023 PGA Championship is up to you. Are you looking for someone who has won major titles before? Someone who has been hot this season or maybe a darkhorse to come out of the pack and surprise? Here’s a look at the favorites along with their PGA Championship odds for 2023.

Jon Rahm

DraftKings: +1100
FanDuel: +1300

The Spanish born Rahm, a.k.a. “Rahmbo” became the first Spanish golfer to win the U.S. Open in 2021. He has 15 professional wins and was the No. 1 player in the world for 43 weeks. His best finish at the PGA Championship was a tie for fourth in 2018.

Justin Thomas

DraftKings: +1200
FanDuel: +1500

Thomas ended the 2022 season with 15 career tour wins and 71 Top 10 finishes. He is the defending champion at the PGA Championship, having overcome a record seven shot deficit entering the final day. He also won the PGA Championship in 2017.

Rory McIlroy

DraftKings: +1200
FanDuel: +1200

McIlroy has been one of the premier players on the PGA Tour since he turned professional in 2007. He has won four major titles, including a pair of PGA Championship titles in 2012 and 2014. In 2012, he became the youngest player to hit $10 million in earnings on the PGA Tour.

Scottie Scheffler

DraftKings: + 1400
FanDuel: +1500

Scheffler always seems to do well in the PGA Championship. In 2020, he finished fourth in the PGA Championship and was named the PGA Tour’s Rookie of the Year for the 2019-2020 season. Scheffler is one of those players who looks like he’s about to break through in a big way on tour. He won The Masters in 2022 stamping him as one of the games’ best young players.

Jordan Spieth

DraftKings: +1800
FanDuel: +1900

Spieth only needs a PGA Championship victory to complete a career Grand Slam, which means this tournament is always one he locks in for. Spieth won The Masters and the U.S. Open in 2015 and the Open Championship in 2017. His best finish at the PGA Championships was in 2015 when he finished second. The Texas native was the PGA Tour Rookie of the Year in 2013.

Dustin Johnson

DraftKings: +2000
FanDuel: +2100

Johnson’s appearance (or not) in the PGA Championship in 2023 is unknown as of this writing. Johnson joined the rival LIV Golf Tour at the end of 2022 and may not be deemed eligible for the PGA Championship. When he was full-time on the PGA Tour, Johnson is a two-time majors winner, taking The Masters in 2020 and the U.S. Open in 2016. He’s been second twice at the PGA Championship

PGA Championship Betting Bonuses and Promotions

Compared to other U.S sports, PGA Championship betting sites have few betting bonuses & promotions available for the tournament, although what is presented is good quality:

Offers Include:

Money-back on golf tournaments going to playoff holes.
Parlay Insurance – Get between $25-$50 money back if you lose only 1-leg of a four-leg multi-wager parlay bet that includes the PGA Championship.

Don’t Go In The Rough!

To see all available bonuses and promotions, you will need to be logged into your respective registered sportsbooks.

Tips and strategies for PGA Championship betting

While there is no single secret to success in developing a standalone PGA Championship betting strategy, there are a range of factors to consider to give yourself the best opportunity to maximize your winning potential.

Look for players who have;
- Won on this course before
- Won this season
- Won a major
- Won in bad weather conditions
- A Top 20 world ranking

Pick a winner in the futures betting markets and if he looks like a loser come Round 3 or Round 4 use the live in-play betting options to update your pick
Keep up-to-date with the PGA Championship betting news.
Use the PGA Championship betting tips and blogs offered by the online sportsbooks.
If you intend to place a PGA Championship futures wager, do it as early as possible out from the tournament to nail-down the best odds.
Allocate an PGA Championship Betting Bankroll and don’t break it. Your betting will be leaner, more efficient and educated if your budget is carefully defined.

Fast Facts About the PGA Championship

Championship Winners Last 10 years

2022 – Justin Thomas
2021 – Phil Mickelson
2020 – Colin Morikawa
2019 – Brooks Koepka
2018 – Brooks Koepka
2017 – Justin Thomas
2016 – Jimmy Walker
2015 – Jason Day
2014 – Rory McIlroy
2013 – Jason Dufner

Most PGA Championship Wins

5 – Jack Nicklaus and Walter Hagen
4 – Tiger Woods
3 – Gene Sarazen and Sam Snead

PGA Championship Biggest Underdog Victory

By odds, the biggest underdog to win the PGA Championship was Shaun Micheel in 2003 when he won the tournament in 2003, coincidentally at Oak Hill, the site of the 2023 championship. But one of the greatest stories in golf history is the 1991 PGA Championship when husky, big-hitting John Daly showed up as the ninth alternate just before the first round was underway and won the first of his two major titles. Daly is still a golf legend.

PGA Championship location in 2023

Oak Hill Country Club – East Course in Rochester, NY
May 18-21, 2023

PGA Championship Betting FAQ’s

Is the PGA Championship one of golf’s four majors?

Yes, although considered the least prestigious of golf’s traditional four majors, the PGA Championship is a major title to go along with The Masters, U.S. Open and The Open Championship (also called the British Open). The PGA has bounced around golf’s calendar before settling in May, and was originally a match play (head-to-head) event until 1958.

Has anyone ever hit a hole in one at the PGA Championship?

It doesn’t happen very often, but it does happen. The last player to record an ace at the PGA Championship was in 2020 when Byeong Hun An drilled a tee shot on the 189-yard 11th hole at TPC Harding Park. An finished tied for 22nd.

How much does the winner get for winning the PGA Championship?

In 2022, Justin Thomas defeated Will Zalatoris in a three-hole playoff and earned $2.7 million of the $15 million purse.

Who was the last non-U.S. player to win the PGA Championship?

Australian-born Jason Day won the PGA title in 2015 at Whistling Straits. Day blasted four rounds of 68, 67, 66 and 67 and set a new record by becoming the first player in history to finish at 20-under par in a major.

What golfers have won at Oak Hill before?

This will be the fourth time Oak Hill has hosted the PGA Championship. The venerable course has also hosted the Ryder Cup and the U.S. Open. Jason Dufner won the PGA Championship title in 2013 at Oak Hill.