2024 PGA Championship Odds, Betting Trends: Everything You Need To Know

PGA Championship odds are on the board, and no surprise, Scottie Scheffler was the pre-tourney favorite. After the first two rounds, he has a little work to do – though not much – to retain the favorite status, thanks to a strong two days from Xander Schauffele.

But the bigger story was the odd Friday morning arrest of Scheffler near the golf course, as he was driving in to prepare for Round 2. And his stunning performance afterward.

Here's everything you need to know about the 2024 PGA Championship odds market: action, movement and betting trends. Check back regularly for updates, as bookmakers provide their insights on PGA Championship futures odds and more. And be sure to use our BetMGM bonus code to get more when you wager.

PGA Championship Odds

Arrested Development

Scottie Scheffler is three shots back, but still No. 2 in odds to win the PGA. (Getty)

UPDATE 11 P.M. ET FRIDAY: Scheffler has four wins in his last five tournaments, including last month's Masters. He's so red-hot that not even an arrest can keep him out of the running.

In what was apparently a chaotic situation near the entrance to Valhalla early Friday morning, Scheffler was indeed arrested.

The scenario: A man was accidentally struck and killed by a shuttle bus. Scheffler was making his way to the course, in a car with markings that ID'd him as a player. As he tried to drive around the traffic/into the club entry, an officer reportedly ordered him to stop.

Then an officer reportedly grabbed onto Scheffler's moving car, and Scheffler didn't stop for another 15-20 yards. He was subsequently arrested, taken to jail and held for a couple of hours. But he made it back for his mid-morning tee time.

"We temporarily closed outrights (to win) until it was evident he wouldn't miss his scheduled tee time. No change in odds," SuperBook vice president of risk Jeff Sherman said.

Not only did he not miss his tee time, but he shot even better than Thursday's opening 67. Scheffler, who began Round 2 five shots off the lead, shot 5-under 66 and is now three strokes behind leader Xander Schauffele.

"For him to gather himself and produce the round he did, wow," Sherman said. "We all see his physical abilities displayed in sports. But this shows you the mental aspect firsthand, which very few can handle."

Scheffler was the +450 pre-tourney favorite and the +400 second choice going into Round 2. Now, heading into Moving Day, he's still the second choice to win the tournament, at +300.

"Strange day for Scheffler," SuperBook risk supervisor Neil Fitzroy said, in the understatement of the day. "Scheffler is a good result for us at the Nevada book and a small loser in our other states."

Schauffele Steady

Xander Schauffele is favored in PGA Championship odds after Round 2. (Getty)

UPDATE 11 P.M. ET FRIDAY: After a torrid 9-under 62 first round, Schauffele shot a steady 3-under 68 Friday for a 12-under 130 total. The SuperBook kept him atop PGA Championship odds at +225, just ahead of Scheffler.

But Schauffele has legit company around him, beyond Scheffler. Collin Morikawa heated up with a 6-under 65 for an 11-under 131 total. Sahith Theegala followed his opening 65 with a 67 to stand third at 10-under 130.

Bryson DeChambeau shot 65 and is tied for fourth with Scheffler. SuperBook oddsmaker Neil Fitzroy said his shop would love a Schauffele victory – but isn't counting on it.

"Schauffele is great for the house in all states we operate in. Everyone was completely off of him this week," Fitzroy said. "Bettors have to be frustrated with his act. He's in contention every week, but rarely wins."

Indeed, this season, he's got eight top-10 finishes in 12 starts, including two second-place efforts. But he hasn't won this season yet.

"Schauffele is in the mix every week. But there must be some mental hurdles he struggles with that prevent him from winning more," Fitzroy said.

More From the Top

Rory McIlroy is the third choice in odds to win the PGA Championship. (Getty)

UPDATE 11 P.M. ET FRIDAY: Morikawa is alone in second, one shot behind Schauffele. So he's now the +500 third choice in The SuperBook's odds to win the PGA Championship. Pre-tourney, you could've had Morikawa at +3000, and he was +1400 pre-Round 2.

"Morikawa is a good result for us in all states we operate in. He's won two majors, so he's not afraid of the moment," Fitzroy said.

Theegala could've been at had at +6000 or more pre-tournament. After a Round 1 65, he moved into +2000. Now, he's the +1200 fifth choice.

DeChambeau was +3500 after the first round and is now the +1000 fourth choice. Viktor Hovland went 68-66 over the first two days for an 8-under 134 total. He's +2000 to win the tourney, after sitting at +4000 pre-tourney and after Round 1.

Tony Finau joins Hovland at 134, but Finau is +3500 to win. Prior to Round 1, Finau was +8000.

"Golfers in the mix we are rooting for include Theegala, Dechambeau and Finau. Hovland is break-even. We're rooting against McIlroy," Fitzroy said.

After a solid 5-under 66 Thursday, McIlroy treaded water with an even-par 71 Friday and lost a lot of ground. He's at 5-under 137, tied for 22nd and the +3500 co-eighth choice, after entering Round 2 as the +500 third choice.

McIlroy is seeking his first major win since 2014, when he won both the PGA Championship and the British Open.

Tiger and Phil, Way Down The Hill

Tiger Woods finished miles beyond the cutline, tied for 134th. (Getty)

UPDATE 11 P.M. ET FRIDAY: If you bet on Tiger Woods or Phil Mickelson to miss the cut – or both; embrace the power of and, people! – then go cash your ticket. Woods shot 6-over 77 Friday for a 7-over 149 total.

Once the second round wraps up Saturday morning, that's expected to put Woods eight shots beyond the cutline. He finished tied for 134th in the 156-player field

Mickelson was better, but not good enough. Mickelson shot 74-72 over the first two days for a 4-over 146 total, and he'll also miss the cut. Mickelson tied for 116th.

"We were a small winner on the Tiger vs. Phil matchup, and we were a small winner on Tiger to miss the cut," Fitzroy said of a couple of prop bets on the PGA Championship odds board.

Notable PGA Props

Prop bets are always popular in majors. As noted above, the Tiger vs. Phil matchup generated action at The SuperBook. So too did a couple of scoring props in the PGA Championship odds market.

"We [mostly wrote] Under money on winning score, at 273.5 and 272.5, and we're currently at 271.5. We're also only writing Under money on the 36-hole cut score prop," Fitzroy said.

That led the cut score to move from a 144.5 opener down to 143.5 (Under -150). The cut score is expected to be 141, so Under bettors got the win.

On the winning score of 271.5, the Under got to -150, as well. So a 13-under 171 or better would make winners of Under bettors. As noted above, Schauffele and a host of others are more than on pace to shoot 171 or better.