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PGA Tour Returns; McIlroy A Favorite In Charles Schwab Challenge

With golf and the PGA Tour’s return, DraftKings Sportsbook offers odds on the 2020 Charles Schwab Challenge to Indiana sports bettors.

The PGA Tour is finally returning to action.

The 2020 Charles Schwab Challenge will be the tour’s first event since March. The PGA Tour rescheduled most of its tournaments at the start of the coronavirus pandemic.

The Charles Schwab Challenge will take place between June 11-14, with a $7.5 million purse up for grabs.

It was originally an invitational, but the tournament expanded to include a field of 144 golfers. Since the health crisis canceled a slew of golf events, the beefed-up numbers at Charles Schwab are meant to help make up for some of those missed opportunities.

Betting on the Charles Schwab Challenge

Indiana’s online sports betting apps are taking action on the Charles Schwab Challenge.

Most of golf’s biggest names will be heading to Colonial Country Club in Fort Worth, Texas. That includes Jordan Spieth, Brooks Koepka and Rory McIlroy.

One notable exception is Tiger Woods, who is working on healing up and getting back into playing shape. There’s no way to know for sure which event Woods will choose for his return to the PGA Tour.

Despite winning the tournament in 2019, Kevin Na is far from the favorite to win this time around. According to DraftKings Sportsbook, Na is the +5,500 underdog to win his second-straight Charles Schwab Challenge.

McIlroy is the favorite for this year’s event. Here’s a look at those odds:

  • Rory McIlroy:+750
  • Jon Rahm:+900
  • Justin Thomas:+1,400
  • Webb Simpson:+1,800
  • Bryson DeChambeau: +2,200
  • Brooks Koepka:+2,200
  • Patrick Reed: +2,800
  • Dustin Johnson: +2,800

Since a field of 144 golfers is substantial, some players have odds that drop to +100,000. With so much competition out there, even some well-known golfers have found themselves a little further down on the odds list.

For example, both Justin Rose and Spieth are sitting at +4,500. Rose won the Charles Schwab Challenge in 2018, while Spieth came out on top in 2016.

Bubba Watson is at +9000, with Phil Mickelson a tier lower at +12,500. Mickelson has won the tournament twice throughout his career, although his last win came in 2008.

Golf helps expand sports betting options

There’s one more sport to bet on now that the PGA Tour is back up and running.

The sports betting menu has been a short one for the past few months, thanks to the COVID-19 pandemic. With the spring staples of basketball, hockey and baseball not available, Hoosiers have turned to more obscure sports for betting.

As more sports get back to business, things will start feeling more like a typical betting month.

The UFC has been chugging along throughout the health crisis, and NASCAR recently returned to action.

Even the NBA is continuing its season on July 31. Walt Disney World will host 22 of the league’s teams as they finish the regular season and playoffs.

With plenty of resorts for housing and an ESPN complex on-site for practices and games, Disney became the obvious choice for the NBA.

Baseball, on the other hand, hasn’t been as productive. The MLB and its Players Association are still hashing things out.

In the meantime, golf will help carry the sports betting load. The Charles Schwab Challenge is the first of several summer PGA Tour events.

With more events running throughout the summer, bettors will have a few traditional options while waiting for more sports to return.

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