The PGA Championship is an annual golf tournament organized by the Professional Golfers' Association of America (PGA). It is one of the four major championships in professional golf, alongside The Masters, U.S. Open, and The Open Championship (British Open). 

Played on a rotating collection of the most storied and treasured golf courses in the United States, golf’s brightest stars all try and add the Wanamaker Trophy to their mantle

PGA Championship betting odds and all the excitement that comes with a wager on this golf tournament are best when paired with research and understanding.

This tournament carries more restrictive qualifications than the other golf majors, which typically offer more spots to amateur players. This championship is the culmination of the PGA TOUR, yet it is also an extension of the entire PGA organization, which includes both club and teaching professionals. As a result, more slots are reserved for players who carry a professional designation. This is also the only major which does not automatically grant entry to the top 50 players in the official world rankings (though many of these players do qualify through other avenues).

There is a maximum of 156 players who earn their opportunity through past successes. Qualifiers include the past five winners of each major championship (including all past PGA championship winners), the top 15 finishers from the previous year’s PGA Championship, the top 70 point scorers throughout designated PGA TOUR events, playing members of the last Ryder Cup event, and the winners of selected events designated prior to the season by the PGA TOUR.

Types of Bets Available for the PGA Championship

There are multiple ways to bet on the PGA Championship outside of just picking the winner. You can bet on golfers to finish inside the top 40, 30, 20, 10 and five, as well as bet on the leader after the first round. There are also head-to-head wagers, where you bet on a specific golfer to finish higher than another golfer over the course of one round or the entirety of the tournament.

Spreads

PGA Championship odds for spread bets place a margin by which a given player will need to finish ahead of another competitor. A negative spread indicates a golfer is the favorite, while a positive spread indicates an underdog.

Moneylines

A moneyline bet is the simplest type of bet there is. You are betting on a specific outcome to happen, and the odds are calculated by how likely or unlikely that outcome is to happen. For example, a favorite in a head-to-head bet could be -200, which means you need to bet $200 to win $100. If you bet on an underdog at +200, you would win $200 on a $100 bet.

Over/under

Over/under bets are wagers where you select a golfer to perform above or below a specified round score. If a golfer is projected to score 72 in round one and you believe they’ll finish better than that, you would bet the under. If you feel like that golfer will underperform or struggle in round one, you would bet the over. Depending on the skill of the golfer, the designated score you’re betting over or under on could be either higher or lower than 72.

Player props

Prop bets are bets that can be placed on specific outcomes for individuals throughout the tournament. These bets might feature over/unders featuring multiple golfers, spreads for specific matchups, or even event-based outcomes such as the number of total eagles scored throughout the tournament. Prop bets add a specific and fun layer to your PGA championship betting experience.

Parlay bets

Parlay bets give you the chance to combine multiple outcomes into one bet to increase your payout. For example, if you bet $100 on a particular golfer to win the tournament, cover a matchup spread against another competitor, and have at least one eagle throughout the tournament, all three outcomes would have to occur to win that bet.

While the payouts on a parlay bet can be substantial, all conditions must be met for a win.

To learn more about golf betting, visit Draftkings Golf Betting Guide.