Charles Schwab Challenge Picks, Predictions, Odds

Our VI PGA handicapping experts have compiled their best bets for the Charles Schwab Challenge, set to take place on Thursday, May 26 and conclude on Sunday, May 29.

Updated on 04/20/2025

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CHARLES SCHWAB CHALLENGE BETTING RESOURCES

• Date: May 26 - May 29, 2022
• Venue: Colonial Golf Course
• Location: Fort Worth, Texas, USA
• Course Length: 7,209 yards
• Course Par: 70
• Defending Champion: Jason Kokrak
• More Golf Futures

Justin Thomas held off Will Zalatoris to win the PGA Championship at Southern Hills last weekend, but he isn’t the favorite to win the Charles Schwab Challenge this weekend. Instead, that honor belongs to Masters champion Scottie Scheffler. Although Scheffler missed the cut at the major last week, he is still the No. 1 ranked golfer in the world, and there will be plenty of action on him since he has already won four tournaments this season.

This is one of the oldest events on the PGA Tour as golfers have been coming to Colonial Country Club in Fort Worth, Texas since 1946. Colonial is a par 70 course that checks in at 7,209 yards, and the winner will likely finish 13-under or better. Jason Kokrak is the defending champion, but he is almost 50-1 to win the Charles Schwab Challenge.

CHARLES SCHWAB CHALLENGE BEST BETS

• Jordan Spieth to Win the Charles Schwab Challenge (+1500)
• Mito Pereira to Miss the Cut (+250)
• Abraham Ancer Top 10 Finish (+400)

JORDAN SPIETH TO WIN THE EVENT (+1500)

Colonial is essentially a home course for Dallas native Jordan Spieth, and he has been superb in this event over the years. Spieth won here in 2016, and he finished runner-up in 2015, 2017, and 2021. No player can match his seven T10 finishes in this event over the last nine years, and he has been sharp despite a disappointing performance at the PGA Championship.

Spieth won the RBC Heritage last month, and he finished runner-up at the AT&T Byron Nelson two weeks ago. His consistency at Colonial has been remarkable too as he has never shot worse than a 73 in pro play here, and an even par on Sunday last year would have earned him his second Charles Schwab Challenge title. 

MITO PEREIRA TO MISS THE CUT (+250)

It’s going to be tough for Mito Pereira to get in the right frame of mind after his meltdown on the 18^th hole at Southern Hills. Pereira looked set to be one of the most surprising winners in PGA Championship history at over 200-1 to win the tournament, but his drive on the final hole found the water, and he wasn’t even able to make the playoff with Thomas and Zalatoris. The nerves clearly got to the 27-year-old from Chile, and it might be very difficult to immediately shake those off.

Pereira has made the cut in 14 of his 18 tournaments this season. He went to school at Texas Tech, so he probably has played this course a couple times, but this will be the first time he has played Colonial in professional action. It’s understandable that he wanted to get back in the thick of it immediately in order to not dwell on his performance, yet that could backfire this week.

ABRAHAM ANCER TOP 10 FINISH (+400)

While the 2021-22 season hasn’t been great for Abraham Ancer, he may be ready to turn the corner. Ancer has just three T10 finishes compared to four missed cuts this season, but he finished T9 at the PGA Championship. He has had trouble staying in contention on Saturday and Sunday, yet he should be in the mix on Friday afternoon.