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Golf Odds & Betting Guide 2024

If you’re looking for the latest golf odds, you’ve come to the right place. Below we’ve provided information on how to read golf betting odds, how to place golf bets, and everything else required to bet on golf successfully.

From the PGA Championship 2024 odds, to the Genesis Scottish Open, all of the golf betting odds and insight found below can help you score your next big payday. Learn how you can become the Tiger Woods of golf bettors today with our 2024 Golf odds and walk away a winner on your next PGA Tour wager.

Scottie Scheffler of the United States plays his shot from the 16th tee during the first round of the FedEx St. Jude Championship at TPC Southwind on August 15, 2024 in Memphis, Tennessee.

Latest Golf Betting Odds

Golf odds are structured so that bettors can see who is favoured to win a Championship. These odds are based on the current world rankings, the golfer’s recent tournament finishes, and history at particular golf courses.

Each of the top online sportsbooks offer various odds on PGA Tour events, the Ryder Cup, the Open Championship, and more — with each ranging in value. It’s important to shop around from each of these golf betting sites in order to find the most profitable odds on the upcoming event.

BMW Championship Odds to Win Outright

Check out the latest bet365 golf odds below.

Golferbet365 Golf Odds
Scottie Scheffler+350
Xander Schauffele+600
Rory McIlroy+1400
Collin Morikawa+1400
Patrick Cantlay+1600
Hideky Matsuyama+1800

Scottie Scheffler to Win BMW Championship

Latest Golf Free Picks & Betting Previews

How to Read Golf Odds

First things first, you’ll need to understand how to read golf betting odds before placing a bet. In this section we’ll explain how to read American odds in order to place bets on golf.

Betting markets for golf use two indicators to identify favourites and underdogs. Favourites are displayed with a “-” minus symbol. This indicates the amount that needs to be wagered in order to win a profit of $100.

  • For example: If a bettor wagers on Dustin Johnson to be an outright winner at -150 odds, this means you’d need to wager $150 in order to profit $100, with $250 being your total return.

For underdogs, or non-favourable odds in futures bets, they are displayed using a “+” plus symbol. This indicates the amount of profit won by placing a $100 wager.

  • For example: If you bet $100 on Rory McIlroy to be a Top 10 finisher at one of the four majors at +200 odds, you’d win $200 profit, with a total return of $300 including your original stake.

Now that you understand how to read golf odds, you’ll be able to use this information to find the best golf odds and lines on any of the upcoming PGA Tour events.

Now that you’re familiar with how to read golf betting odds, it’s time to understand how to bet on golf. Below we’ve featured some of the most popular betting markets available on golf events during the PGA Tour.

Each of the betting markets listed have their own unique betting odds, winning criteria, and more that you can use to bring home some winnings. From single bets on the outcome of an event, to golf futures on a event yet to take place, there’s a multitude of ways to place your wagers.

Learn how to bet on golf below with the examples provided and get some skin in on the game at the next PGA Tour event.

Betting on a Golfer to Win a Tournament

A simple golf wager that can generate a massive payday for a winning bettor is betting on a golfer to win a tournament–making it a popular betting market.

Betting on the winner of a golf tournament outright can be challenging considering the amount of players participating in an event, but it adds plenty of value to your wager due to the difficulty.

Actually placing a bet, however, is easy to do. Simply head to the available golf futures odds for an event and place a bet on a golfer to win outright.

  • For example: If you think that Rory McIlroy will win the Players Championship, you could bet on him to win the tournament outright. If McIlroy is unable to emerge victorious, your bet loses.

Betting on Top 5, 10 and 20 Finishes

Another great way to bet on any golf tournament is betting on a top 5, 10, or 20 finisher–any of which adds some insurance to your golf futures bets.

Working similarly to betting on an outright winner of a tournament, betting on a top 5, 10, or 20 finisher allows a sports bettor to wager on a particular golfer finishing within one of these top placements. Value for each betting market lessens as you go farther down in placement, but can be easier to win your wager due to this.

  • For example: If you were to place a bet on Shane Lowry to place in the Top 5 of the Open Championship, he would need to place fifth or better in order to win your wager. If Lowry finished sixth or worse, your bet loses.

If you don’t feel 100% confident in your pick to win a tournament outright, top placement bets can provide you with some insurance on your pick at a lower price tag.

Major Golf Event Betting Odds

MEMPHIS, TENNESSEE - AUGUST 18: Hideki Matsuyama of Japan acknowledges the crowd on the 18th green after winning the FedEx St. Jude Championship at TPC Southwind on August 18, 2024 in Memphis, Tennessee. (Photo by James Gilbert/PGA TOUR via Getty Images)

Where wagers are placed is a huge key to profitable golf betting. In order to access the best prices, having accounts at a few sportsbooks is part of a solid handicapping strategy for golf — or any sport for that matter.

Seeing as tournaments run over multiple days, there are literally hundreds of betting options on every golf event. Sportsbooks like bet365, Sports Interaction, and BET99 tend to offer the most markets, sharpest odds, and best prices. Plus, major tournaments are often promoted at these sportsbooks with perks like boosted golf odds. These are some of the most popular golf events to bet on:

Established in 1974, commonly referred to as the Fifth Major, The Players Championship shifts to a different course each year and foreshadows the four PGA Grand Slams that follow. Held annually in mid-March, as a PGA Flagship event, The Players Championship odds give bettors their first true taste of wagering on the best male golfers in the World.

Opening the Grand Slam chase, which has never been won in the modern PGA era, The Masters Tournament was first contested in 1934 and plays out during the first full week of April. Always held at picture perfect Augusta National Golf Club in Georgia, US Masters betting odds feature tournament winner lines, round-by-round leaders, plus head-to-head prop options.

First contested in 1916, the PGA Championship is the third leg of the PGA Grand Slam and plays out in mid-May, annually. 

This event has been held at over 40 different courses – mostly in the eastern half of the USA. We update PGA Championship betting odds all year long.

As the second oldest PGA Major tournament, the inaugural U.S. Open was played at Newport Country Club in 1895. Normally a wide-open field, bettors have cashed in on U.S. Open betting odds that have featured favorites and underdogs.

Older than any major golf tournament on the Planet, The Open Championship was first played in 1860 at Prestwick Golf Club in Scotland. Closing out the annual PGA Grand Slam run, as the fourth Major tournament, check out our British Open betting odds feature page, which is updated weekly.

Third in longevity, only to The Open Championship and U.S. Open, the RBC Canadian Open has run continuously since 1904. Moving from being played after the British Open, to prior to the U.S. Open, interest in RBC Open Betting odds has increased as many of the Worlds’ top golfers now participate.

Beginning as La Canadienne, when first played in 1973, Canada’s National Championship for Women runs in late August annually.

Just the second Canadian to finish first (Jocelyne Bourassa, 1973) bettors cashed in on CP Women’s Open betting odds when Brooke Henderson won the 2018 event.

Golf Betting FAQ

How to Bet on Golf Odds?

As with any other sport, simply find the golf page on your online sports book and a home page with event listings will appear. Once you select the event you wish to place a wager on, the odds will appear.

Where to bet on Golf odds?

If you live in Las Vegas, you have the luxury of doing things the old school way and physically walking into any number of casinos.
For the rest of us, we have the choice of dozens of reputable online sports betting websites such as William Hill and SportsInteraction, just to name a couple.

Is Golf betting legal in Canada?

Yes, golf betting is legal in Canada. Whether you’re betting on the outright winner of any upcoming PGA Tour events, or want to place prop bets on the event, you can find legal betting options to place bets with in Canada. Check out our online golf sportsbooks and see which one is the best fit for your betting needs.

Which Golf sites accept Paypal?

Popular sites such as Betway, 888, and BET365 are all set up to accept deposits and process withdrawals easily and conveniently through your paypal account with fees being nonexistent or minimal.
Click here to see all the sportsbooks which accept Paypal.

When can I bet on Golf odds?

Usually 24 hours a day, 7 days a week. Golf Odds for weekly tournaments as well as major events way down the road are already available.
Furthermore, in play/live betting is also a very popular option and readily available on all major sites.

How to compare Golf odds?

Rather than compare entire fields, do your research first, pick which golfer(s) you fancy for that event and then shop prices on all the major sites, to see where you will earn the best value.
A more efficient way to go with the task, is to access , which already does this work for you.

What are the types of Golf odds?

The most common are Odds to win Tournament outright, Top 5, 10 and 20 finishes.
Closer to the start of a tournament when the opening groupings are determined some, but not all, sportsbooks will also offer head to head betting lines where you can bet on the outcome between two golfers on that day, or for the entire 4 day tournament.
Another popular betting option is the yes/no proposition “make the cut”, where you can bet on a golfer to advance to the final 2 rounds of the tournament or to be eliminated after the first 2 rounds.

How does betting with Golf odds work?

The same as it would with any other popular sporting event. The odds will be located in the same area of your sportsbook with the other available sports.
Prices will be listed with headers above to know exactly which event you are betting on, and what each individual golfer’s odds are for that event.

Why do Golf odds change?

Golf odds can change for a number of reasons. Leading up to a golf tournament, odds will shift depending on the recent play of the athletes competing, as well as updates to the participant field. Live betting odds are where you’ll see the most change in golf odds as these are constantly changing as the action unfolds in real time. Before a tournament starts, odds will change mostly based on the amount of backing certain golfers receive.

How do Golf odds work?

Like with any other individual based sport, you are betting on a single, or several, individuals to perform within a given parameter.
That parameter could be to win the tournament, make the cut, or to finish within a certain range of the overall leaderboard, be it a top 5, 10, or 20 finish.
If multiple golfers finish tied for 5th place, if you have a bet on one of those individuals, sportsbooks count this as a win for the bettor.

Who makes Golf odds?

Golf odds are decided by the individual oddsmakers at each online sportsbook. Using advanced algorithms and analytics to help develop their odds, these heavily researched odds can help you see who’s most likely to score a win at the most popular golf events.

Where to find the best odds for Golf?

While golf betting odds can vary from sportsbook-to-sportsbook, Pinnacle is home to the best odds on the market. Providing the best juice/vig to players, you can earn the biggest potential winnings on all your golf wagers placed.

How to read Golf betting odds?

As with any sport event, you are betting an outcome to occur in that sporting. With Golf, the most common odds will be to “win the tournament outright”, or finishes in the top 5, 10, or 20.
If Brooks Koepka is 8.50 to win the 2019 British Open, that means that for every $1 you wager, you will win $7.50. Your $1 + the $7.50 return = the 8.50 odds listing.
If Brooks Koepka is 1.50 to finish in the top 10 of the British Open, that means that for every $1 you wager, you will win $.50. Your $1 + the $.50 return = the 1.50 odds listing.

What if Golf odds change after I made a bet?

Your bet will remain at the odds at which you originally placed.
If before a tournament begins you have placed a wager on Dustin Johnson to win that tournament at 20.00, and he lights the course on fire and by the weekend his odds have shrunk to 4.00, your bet at 20.00 remains as is.