- The Charles Schwab Challenge is set for action for three straight days from June 11-14 with a 7:50 a.m. tee time.
- A hole in one is favored to happen with -125 odds.
- A playoff to occur (+325) comes with major underdog odds.
FORT WORTH, Texas — The Charles Schwab Golf Challenge is set to tee off as planned from Thursday to Sunday this week. This tournament is bringing in some of golf’s biggest names like Rory McIlroy, Brooks Koepka, and Phil Mickelson.
With all of the hype surrounding the challenge, it is only right that different Charles Schwab Challenge prop bets come with it as well.
A hole in one in golf comes very rarely. However, legal sports betting sites think that the Charles Schwab Challenge will be the site of the next hole in one.
Hole In One At Charles Schwab Challenge
- Yes -125
- No -105
So far in the 2019-2020 PGA season, there have been 25 hole-in-ones that have happened. Last season, there were a total of 36 hole-in-ones.
With just about three months left in the season, there is little time for golfers to try and get a hole in one.
The last hole in one happened at the Honda Classic back in February and March and was made by Grayson Murray.
Playoffs might seem like they come often but they are scarcer than people think. The golf odds of there being a playoff are not in the stars as the odds are set at +325 odds while the odds of there not being a playoff are favored at -450.
In the last 10 years, a playoff at the Charles Schwab Challenge has only happened once in 2014 between Adam Scott (winner) and Jason Dufner.
In terms of how many people could possibly participate in a potential playoff, the odds of it featuring three or more players are not in favor.
Charles Schwab Challenge 3+ Person Playoff
- No -2000
- Yes +1000
The last time a playoff held three or more opponents was in 2009 between Steve Stricker (winner), Tim Clark and Steve Marino.
When looking at the winning margin, there are different odds for you to consider choosing from as well.
- Exactly 1 Shot +210
- Playoff needed to determine winner +325
- 4 Shots or more +350
- Exactly 2 Shots +375
- Exactly 3 Shots +550
The scoring margin in the previous Charles Schwab Challenges has been pretty even.
In the past 10 years, the winners have been decided by exactly one point five times.
If golf bettors are looking to take a risk, betting on the margin to be exactly three points would be the best scenario as it has happened three times in the last ten years and comes with the longest odds.
When it comes to the other options, four shots or more have happened just once in those past 10 years while exactly two shots have not happened at all.
As for the nationality of the winner, the odds are in favor of an American being the winner with -170 odds while odds of the winner being from anywhere else are at +140.
Of the 148 players that are in the challenge, 97 of them fall under an American nationality.
The odds are in favor of an American winning for obvious reasons, but if there is still any doubt, out of the top ten players favored on the odds board, just two of them are not of American descent (John Rahm – Spain and Sungjae Im – Republic of Korea).
This should be an easy bet and easy payout for bettors betting on an American to win.
The Charles Schwab Challenge will tee off at 7:50 a.m. EST beginning on Thursday.
Samuel has been writing professionally for 4 years. He comes from a sports writing background where he enjoys writing mostly about basketball and football both professional and collegiate. He is a recent graduate of Florida State University where he majored in Editing, Writing and Media with a minor in Communications. During his free time, you can find him watching or playing sports as well as playing videogames and listening to music.