2022 Charles Schwab Challenge Market Report: Public Backing Spieth, Morikawa at Colonial
Photo by Tom Pennington/Getty Images. Pictured: Jordan Spieth and Caddie Michael Greller.
There is a chance some finance bros stumbled upon this article and think it’s about the stock market.
However, we are here to talk golf as the PGA Tour heads to Colonial Country Club in Fort Worth for the Charles Schwab Challenge.
Colonial has been a regular stop on Tour since 1946 and golf bettors have a lot of familiarity with the course.
Jordan Spieth, Scottie Scheffler, Justin Thomas, Viktor Hovland and Collin Morikawa headline the field as the only players ranked inside the top 10 of the Official World Golf Rankings.
On a course that puts a premium on driving the ball straight and hitting greens, Morikawa has been getting the most action at BetMGM. Morikawa accounts for 6.7% of the bets and 15.6% of the handle at BetMGM. His odds have held steady throughout the week at +2000.
Spieth is also getting lots of love back in his home state. He’s getting 8.3% of the tickets and 12.8% of the money as the second-biggest liability for BetMGM this week. Spieth is one of the favorites at +1200, along with Scheffler and Thomas.
Hovland is the third-biggest liability for BetMGM at +2000. He’s currently garnering 6% of the tickets and 10.4% of the handle.
Scheffler and Thomas are both getting less than 5% of the bets this week. Scheffler is coming off a missed cut, while Thomas is coming off a win at the PGA Championship.
Kevin Kisner has moved from 125-1 to 100-1 as he’s getting 2.8% of the bets and 2.2% of the money at BetMGM. He’s the only player with 100-1 odds or greater who’s getting over 1% of the bets and handle.
Kevin Na has moved from 50-1 to 40-1 as one of the biggest risers of the week. Tom Hoge has moved from 66-1 to 50-1.