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PGA Championship Betting Guide: Odds, Available Markets & FAQ 2026

Michael Hennelly Michael Hennelly
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Updated: March 31, 2026
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The PGA Championship is where the season’s intensity starts to peak. It’s golf’s second major, it consistently features one of the strongest fields in the world, and it often delivers dramatic Sunday finishes.

The 2026 PGA Championship is scheduled for May 14-17, at Aronimink Golf Club in Newtown Square, Pennsylvania. Known for its classic Donald Ross design, tree-lined fairways, and demanding green complexes, Aronimink rewards elite ball-striking and disciplined course management – exactly the kind of test you expect at a major.

From outright winner odds to head-to-head matchups, props, parlays, and live betting, Hard Rock Bet Sportsbook gives you multiple ways to get involved across all four rounds.

Let’s break down how to bet on the 2026 PGA Championship.

Understanding PGA Championship Odds

PGA Championship odds represent how the market values each golfer, and how much you stand to win if your bet hits. These numbers at Hard Rock Bet Sportsbook move constantly, adjusting for recent form, course fit, injury news, and other factors.

Hard Rock Bet Sportsbook displays these markets using American odds:

2026 PGA Championship Odds

  • Positive odds (+) show how much profit you’d win on a $100 bet.
  • Negative odds (-) show how much you’d need to wager to win $100.

For example:

  • +350 means a $100 bet wins $350 in profit.
  • -120 means you must bet $120 to win $100.

In golf, even the biggest names on the board are rarely listed as heavy favorites. With large fields and so many capable contenders, outright markets almost always open at plus money and only get longer from there.

Popular PGA Championship Betting Markets

Hard Rock Bet offers a wide range of betting options for the PGA Championship. Whether you’re backing a top contender to win the Wanamaker Trophy or targeting value in placement markets, there are plenty of ways to get involved throughout the tournament.

Tournament Winner (Outright)

Betting on the outright winner is one of the most common ways to wager on PGA Tour events, requiring you to pick the player who ends the tournament hoisting the trophy.

Odds across this market vary significantly. The favorite is typically priced somewhere in the +300 to +1200 range, while other high-end contenders often sit between +2000 and +4000. Beyond that, prices lengthen quickly, with many players listed at +10000 or higher due to the depth of the field.

While outrights can deliver some of the biggest returns on the board, they’re also the toughest to hit, as your pick has to come out on top against every other golfer in the field.

Top 5, Top 10 and Top 20

Placement bets give you a more conservative way to get involved, focusing on where a golfer finishes rather than needing them to win the tournament outright:

  • Top 5: Your pick must finish within the top five.
  • Top 10: Your pick must finish within the top ten.
  • Top 20: Your pick must finish within the top twenty.

For instance, if a golfer is listed at +250 for a Top 10 finish, a $100 wager would return $250 in profit if they land inside that range.

These markets are popular because they offer a bit more margin for error. Your bet can still cash without your golfer winning outright, making them a strong option for players who consistently contend but don’t always finish the job.

PGA Championship Top 5

Futures Betting on the PGA Championship

Futures markets for the PGA Championship often open well ahead of tournament week, giving bettors the chance to lock in numbers long before the field tees it up.

Unlike most regular PGA Tour stops, where odds don’t appear until a few days prior, majors typically have lines posted months in advance. That early window can be valuable if you anticipate a player trending in the right direction.

For example, a golfer might be listed at +5000 to win the PGA Championship early in the season, only to shorten significantly after a stretch of strong finishes leading into the event. Getting in early allows you to lock in that price before the market adapts.

PGA Championship Prop Bets

Prop markets also shift the focus away from simply picking the winner, as these bets are tied to specific outcomes within a round or across the tournament.

Props for the PGA Championship can include:

  • First Round Leader
  • Make or Miss the Cut
  • Round Score Over/Under
  • Top Nationality (e.g., Top American, Top Asian)
  • Hole-in-One – Yes/No

For example, a First Round Leader bet cashes if your selected golfer sits atop the leaderboard at the end of the opening round. A Hole-in-One prop, on the other hand, is typically a yes/no wager on whether any player records an ace during the tournament.

These types of bets are ideal if you’re targeting specific moments such as backing an aggressive scorer to come out hot on Thursday or betting on favorable course conditions that could lead to a hole-in-one.

Live Betting the PGA Championship

Live betting allows players to stay engaged once the tournament is underway, with odds constantly updating based on performance and position.

You can still bet on the outright winner during play, with prices shifting as players move up and down the leaderboard. In addition, live markets often feature head-to-head matchups for the remainder of a round, along with wagers on who will lead at the end of a given round.

It’s a more reactive way to bet, allowing you to take advantage of any new developments as the tournament unfolds.

Recent PGA Championship Winners

Recent PGA Championship winners highlight the type of player who typically succeeds at this event:

  • 2025: Scottie Scheffler
  • 2024: Xander Schauffele
  • 2023: Brooks Koepka
  • 2022: Justin Thomas
  • 2021: Phil Mickelson

This tournament has consistently favored players who can go low and handle pressure down the stretch. It’s not uncommon to see proven performers and repeat contenders show up on the leaderboard year after year.

Bet the PGA Championship with Hard Rock Bet Sportsbook

Hard Rock Bet Sportsbook offers a complete PGA Championship betting experience, from props to in-play action.

You can place wagers on mobile or desktop with odds updating throughout all four rounds. Every bet earns Unity Points, redeemable for rewards at participating Hard Rock locations.

From competitive odds to a loaded slate of betting options, Hard Rock Bet Sportsbook is the go-to spot to wager on the PGA Championship.

Must be 21+ and physically present in AZ, CO, FL, IL, IN, MI, NJ, OH, TN or VA to play.

PGA Championship Betting FAQs

Got questions about betting on the PGA Championship? We’ve got answers.

What happens if golfers tie in a Top 5, Top 10, or Top 20 bet?

If your golfer ties with others for the last paying spot, dead heat rules kick in unless otherwise specified. This means your payout is reduced proportionally based on how many players are tied for that specific position.

What happens if my golfer withdraws or doesn't start?

At Hard Rock Bet Sportsbook, if your golfer doesn’t start the tournament, your bet is voided and your stake is returned. If they withdraw after play has begun, all action stands.

Do PGA Championship winner bets include a playoff?

Yes, absolutely. Outright winner bets are settled based on the official tournament champion. So, if there’s a playoff, your golfer must win that playoff for your bet to cash.

How are "to Make the Cut" bets settled?

A “Make the Cut” bet simply asks if your golfer qualifies for the weekend rounds. It’s only about whether they pass the official cut line, not their final position on Sunday.