2021 Charles Schwab Challenge Betting Market Report: Money Pours in on Texans Will Zalatoris & Jordan Spieth
Photo by Jamie Squire/Getty Images. Pictured: Jordan Spieth, Will Zalatoris
A week after riding the favorites at the PGA Championship, bettors are going back to the well hoping to be on board for Will Zalatoris’ first career win.
Zalatoris, one of the most popular picks most weeks he plays, has seen his betting line move from +2800 to +2500 as more than 10% of all bets at BetMGM have come in on the emerging star to win this week’s Charles Schwab Challenge.
Zalatoris, 24, is coming off an eighth-place finish at the PGA Championship. He’s finished in the top 10 in all three majors he’s played in but is still looking for his first win on the PGA TOUR.
Sportsbooks won’t be happy the weekend he does win, especially this week.
He’s the biggest liability at BetMGM and has taken the most bets at PointsBet as well. Beyond his current form, Zalatoris has the home-field advantage narrative as well with the tournament played in Texas this week.
Zalatoris isn’t the only notable Texan in the field. There’s that Jordan Spieth guy, too.
No, bettors didn’t forget about him after his relatively quiet showing at the PGA Championship. He’s second in just about everything to Zalatoris this week, including BetMGM’s liability and total bets and handle. However, he’s taken the most money wagered, according to PointsBet’s data.
From there, the data differentiates a bit. Collin Morikawa is BetMGM’s third-largest liability, and although he’s fifth in total bets at PointsBet, he isn’t in the top-five for total handle. Tony Finau and Joaquin Niemann follow Zalatoris and Spieth for handle at PointsBet, with longshot Emiliano Grillo coming in fifth.
Charley Hoffman, another player outside that top tier at +4000, is fourth in total bets taken at PointsBet.
Fresh off his PGA Championship win with odds north of +20000, Phil Mickelson is back in the field closer to +5000 odds, and bettors aren’t ignoring him. He’s the seventh-most popular play at BetMGM.
Someone out there is a big Robby Shelton fan this week, wagering $350 on the 500-1 longshot for a potential payout of $175,000 at PointsBet.