British Open Odds 2024: Scheffler Surges Past McIlroy as New Favorite

Scottie Scheffler leapfrogged Rory McIlroy as the betting favorite by the 2024 British Open odds from our best golf betting sites as golf's oldest major returns to Royal Troon this summer.

Scottie Scheffler's three victories thus far in 2024, including his second career Masters win, have him as favorite by the PGA Championship odds, U.S. Open odds, and now, the British Open odds.

Rory McIlroy long held that mantle, but the Northern Irishman remains a distant second to Scheffler in the Official World Golf Ranking (OWGR). Brian Harman won last year's British Open at Royal Liverpool, but he's once again a long shot heading into the summer.

Read on as we preview the 2024 British Open odds for Royal Troon (odds via our best sports betting sites).

British Open odds 2024

(Odds as of April 16)

British Open favorite 2024

Scottie Scheffler (+600 via BetMGM)

After winning the 2024 Masters, Scheffler is the betting favorite for each of the next four majors on the golf schedule. His highest consensus odds of those four major championships are for the British Open.

The two-time Masters winner has played the British Open just three times, with a best finish of T-8 during his tournament debut in 2021. He tied for 21st in 2022 and for 23rd in 2023.

The British Open is the most different of all four majors, so it's entirely reasonable for this to be deemed the least likely victory for Scheffler in 2024. There's still no guarantee his odds rise before mid-July, and any more wins in North American would surely see them shorten even more prohibitively.

Tiger Woods British Open odds

Best odds: +12500 via Caesars

There's no reason to be looking to bet Tiger to win the British Open. Woods didn't play the 2016 British Open at Royal Troon, and he tied for ninth while finishing seven shots back of the lead in 2004.

British Open info

• When: Thursday, July 18 - Sunday, July 21
• Where: Royal Troon, Troon, South Ayrshire, Scotland
• How to watch: NBC, Peacock
• Defending champion: Brian Harman
• Favorite: Scottie Scheffler (+600 via BetMGM)

British Open odds over time

The British Open odds were first posted last July in the wake of Brian Harman's victory. They stayed relatively static until Scottie Scheffler's win of the 2024 Masters. Expect further shake ups immediately following the PGA Championship and the U.S. Open, and stay on top of this market ahead of those tournaments.

Recent British Open winners

Open Championship FAQ

Who is the Open Championship favorite?

Scottie Scheffler is the consensus favorite for The Open with odds as low as +450 representing an implied win probability of 18.18%.

Who won The Open Championship last year?

Brian Harman is the reigning Champion Golfer of the Year. Harman won by a six-stroke margin at Royal Liverpool in 2023.

When is the 2024 Open Championship?

The 2024 Open Championship will be played from Thursday, July 18 through Sunday, July 21.

Where is the 2024 Open Championship?

The 2024 Open Championship will be played at Royal Troon in Troon, Scotland for the first time since Henrik Stenson's victory in 2016.

What is the British Open trophy called?

The Claret Jug is award to the winner of the British Open, also referred to as the Champion Golfer of the Year.

How can you watch the Open Championship?

NBC has the U.S. broadcasting right for The Open Championship. Parts of the tournament will be streamed on Peacock.

How to bet on golf

Betting on golf involves understanding the various types of bets available and how to assess player performance. First, familiarize yourself with the different types of bets commonly offered in golf, including outright winner bets, each-way bets (which cover both a win and a top finish), head-to-head matchups between two players, and proposition bets on specific events within a tournament, such as hole-in-one occurrences or individual player performances on certain holes.

Once you've identified the types of bets you're interested in, research the players, course conditions, recent form, and other relevant factors that could influence outcomes. Pay attention to factors like player statistics, recent tournament performances, course history, and any injuries or changes in form that may affect a player's performance.

How to read golf odds

Here's how to read golf betting odds using American odds format:

• Positive odds: Positive odds indicate the potential profit on a $100 wager. For example, if a golfer has odds of +300, it means that a $100 bet would yield a profit of $300 if the golfer wins the tournament. So, your total payout would be $400 ($300 profit + $100 original stake).
• Negative odds: Negative odds represent the amount you need to wager to win $100 in profit. For instance, if a golfer has odds of -200, it means that you would need to bet $200 to win $100 in profit if the golfer wins. Your total payout would be $300 ($100 profit + $200 original stake). In a tournament like the Masters, it's unlikely to see negative odds on any golfer until late in Sunday's final round while using our best live betting sites.

Understanding these American odds allows you to quickly assess the potential payout and implied probability of a golfer winning a tournament. Positive odds indicate an underdog, while negative odds signify a favorite.

Odds will move leading up to a tournament's start and throughout the event. Live odds will be reflective of the current leaderboard, golfer performance, and the position of the pre-tournament favorites. The odds also factor in the popularity of certain golfers, and how much money the sportsbooks have taken on those golfers to win the tournament.

More major championship odds

Odds via bet365 as of April 16.

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