2022 Charles Schwab Challenge Betting Guide

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The Charles Schwab Challenge is a professional golf tournament on the PGA Tour. This event is held annually at Fort Worth, Texas, at the Colonial Country Club in May. The tournament is currently one of five invitational events organised by the PGA. This guide will introduce you to the latest Charles Schwab Challenge odds and betting tips.


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Best Bookies for Charles Schwab Challenge – Top 5 Ranked

#01 bet365

#02 Betfair

#03 Ladbrokes

#04 Betfred

#05 William Hill


Charles Schwab Challenge Betting Odds, Promotions, Tips & Predictions

The 2022 Charles Schwab Challenge will begin on 23rd of May and come to an end on 26th May 2022. The tournament will take place at the Colonial Country Club in Dallas, Fort Worth, Texas, USA. The 2021 edition of this tournament will mark the 75th anniversary of this special PGA event.

Charles Schwab Winner Odds 2022

Scottie Scheffler9/1Paddy Power
Justin Thomas10/1Coral
Jordan Spieth11/1BoyleSports
Collin Morikawa16/1Paddy Power
Viktor Hovland18/1Betfair
Will Zalatoris18/1Ladbrokes
Max Homa22/1BoyleSports
Sam Burns25/1William Hill
Sungjae Im33/1bet365
Daniel Berger35/1SportNation
Tommy Fleetwood35/1bet365
Tony Finau40/110Bet
Billy Horschel40/1Ladbrokes
Jason Kokrak40/1William Hill
Abraham Ancer40/1SportNation

Favour another betting odds format? Use our odds converter!

Charles Schwab Challenge Betting Tips & Predictions 2022

  • With 500 FedEx Cup points up for grabs, the Charles Schwab Challenge will feature five of the top-10 players of the world, and among them, will be newly crowned PGA Championship winner Justin Thomas. The American clinched his second PGA Championship and major to boot with a dramatic play-off win over compatriot Will Zalatoris at Southern Hills. Thomas had trailed by seven shots going into the final round, but he emulated John Mahaffey′s exploits in the 1978 PGA Championship at Oakmont where he rallied from seven shots to triumph in a playoff.
  • The 24-year-old has become just the sixth player to register 15 PGA Tour wins including two Majors before the age of 30 and he has not missed a cut in 12 months. Although there will be plenty of celebrations, it will be a tough ask to record back-to-back wins. Thomas is currently tucked in behind favourite Scottie Scheffler at 10/1, but a top-20 finish seems a more likely prospect for him.
  • You have to spare a thought for Zalatoris though. He kept plugging away at Southern Hills, but perhaps his putting let him down. He is only 25 and he has been playing on the PGA Tour for a couple of years, but his talent is clear for all golf fans to see. His record in Majors has been impressive and he is going to climb over the next few years. This could be his week and while he had to contend with disappointment last week, it will be fascinating to see how he responds in the face of adversity. At 18/1 with most bookmakers, Zalatoris has been well priced, and he could end up in the winner′s circle.
  • Another player that could be in contention is Jordan Spieth. Fort Worth, which will stage the Charles Schwab challenge, has enjoyed three runner-up finishes. The Charles Schwab Challenge is the longest non-Major to be contested on the same course and Spieth who recently moved up to eighth in the FedEx Cup rankings following his victory over the RBC Heritage, will stake his case. Although he is currently the third favourite at 11/1, a top-10 finish could well be on the cards.


Charles Schwab Challenge Betting Promotions 2022

  • NetBet offer new users £10 in free bets which is a great way to try your hand at Charles Schwab betting. Plus, you get 10 casino spins thrown in too.
  • At Coral, new customers can enjoy £20 in fee bets after they wager an initial £5.

5 Reasons to Bet on Tthe Charles Schwab Challenge

  • The Charles Schwab Challenge 2022 renewal marks the 76th anniversary of the event.
  • It is one of the most traditional tournaments on the entire PGA Tour.
  • There are only five invitationals on the PGA Tour, and this is one of them.
  • The world’s elite golfing talent will be teeing off here.
  • It provides a good form guide prior to the upcoming US Open, just a fortnight away!

Charles Schwab Betting Sites With Live Streaming


Popular Charles Schwab Betting Markets

Golf is one of the most wagered on sports there is – and with good reason, too. Due to the large fields, prices, even on the pre-tournament favourite, are generally always pretty generous. The nature of gameplay also throws up a ton of betting choices, more than most other sports in fact, so golf betting is really worth a try.

Outright Winner Betting
This uncomplicated bet is, quite simply, a bet on a competing golfer to win the tournament outright. There are many ways to choose how you select your pick. You could study a player’s form, either over the last few tournaments played, or their competitive history at a particular venue. As soon as you have arrived at your decision, you can make your bet by deciding on the amount you wish to wager, combining it on your betting slip with the player you have chosen before placing your bet. If this player wins the tournament, you get paid.

Best Charles Schwab Challenge betting site for outright winner: Paddy Power

Top 10 Finish Betting
Likewise, if you have a player that you suspect will do well but not well enough, there is always the opportunity to back them to finish in the top 10. Most sports don’t work with a leader board, but golf does, which is what allows this bet, or top 5, top 15 or top 20, to be an option. It is a self-explanatory wager in which your pick, or picks, must finish within the top 10 places on the leader board for bets to pay out as winners.

Best Charles Schwab Challenge betting site for top 10 finish: Coral

Make or Miss the Cut Betting
In the overwhelming majority of golf tournaments, there will be a cut (see below) that takes place half-way through a tourney in order to remove the stragglers from play. It is important for golfers to make the cut, because it is the only way they get paid. It is also another feature, distinct to golf, that throws up yet another betting opportunity that other sports simply cannot provide. When betting on someone to make the cut, try to find an emerging young talent or a player that has been off form, but you have noticed them improving. In such a case, players that are flying under the radar often provide the best value.

Best Charles Schwab Challenge betting site for cut: Unibet

In-Play Betting
The appeal of in-play betting should be obvious. As events unfold, the odds fluctuate with each situational change. For this reason, bettors love to watch a tournament, or just one single round, play out in real-time. This way, savvy punters can get a clearer picture of how things are likely to play out. This type of betting can be advantageous to both the online bookmaker and the punter, for whom bettor’s patience is the key.

Best Charles Schwab Challenge betting site for in-play: 888sport


Tournament Structure for the Charles Schwab Challenge

  • The tournament plays tribute to the history of golf by presenting an official Scottish tartan jacket to the winner of the event. There is also a Wall of Champions on the first tee, upon which are the engraved names and scores of each champion dating back to its inaugural event in 1946.
  • The Charles Schwab Challenge is one of only five tournaments within the PGA to have an invitational status, which means it has a reduced field as opposed to some other PGA events. There should still be approximately 125 players teeing off though, so it is far from empty. The other four tournaments with invitational status are the Genesis Open, Arnold Palmer Invitational, the RBC Heritage, and the Memorial Tournament.
  • The tournament itself is a standard stroke play event, where the player with the best under par score after four day’s play will be crowned champion. At the tournament’s midpoint, which comes after two full days of play on Friday evening, a cut line will be introduced to chop the field in half with players on one side of the line missing out on the final two day’s play, and players on the other side of the line playing on for another two days. This is commonly referred to as missing or making the cut, and introduces another betting opportunity (see above). From here, there is another two days of play on the Saturday and the Sunday until a winner is found. In the case of a tie where more than one golfer has the same score, a play-off is undertaken on the 17th green to find a winner.


History of the Charles Schwab Challenge

  • One of the longest-running tournaments in PGA Tour history, this tournament was founded in 1946 as the Colonial National Invitational and has gone by many names but, as of 2019, it has been called the Charles Schwab Challenge. Packed with tradition, the tournament came about after the venue, the Colonial Country Club, hosted the 1941 US Open. When The Colonial hosted the event, it was the first time that the US Open had been held south of the Mason-Dixon line, which marked the historic boundary between North and South in Colonial America. Looking to make the most of the tourney’s success, local organisers launched The Colonial Invitational in 1946.
  • Unlike many golfing events, The Colonial has never ever wandered from its home, and has played at the same venue throughout its entire existence. In 2003, Annika Sorenstam became the first woman to play in any PGA Tour event in 58 years when she played in Bank of America Colonial, as it was called at the time, following Babe Zaharias, who competed in the Los Angeles Open, in 1945. Sadly for her, she missed the cut.
  • In 2020, the tournament was played in June and was the first PGA Tour event to be staged after the lockdown caused by the COVID-19 pandemic. This event was also held without spectators, which was another PGA Tour first.

Recent Charles Schwab Challenge Winners

2021Jason KokrakUnited States
2020Daniel BergerUnited States
2019Kevin NaUnited States
2018Justin RoseEngland
2017Kevin KisnerUnited States
2016Jordan SpiethUnited States
2015Chris KirkUnited States
2014Adam ScottAustralia
2013Boo WeekleyUnited States
2012Zach JohnsonUnited States

Charles Schwab Challenge Key Stats

  • Only eleven men have won this tournament more than once.
  • Ben Hogan has won it the most with five wins.
  • The other ten golfers – Julius Boros, Billy Casper, Lee Trevino, Ben Crenshaw, Bruce Lietzke, Corey Pavin, Nick Price, Kenny Perry, Phil Mickelson and, most recently, Zach Johnson – have all won the event twice each.
  • In 1955, Chandler Harper won by eight strokes, a tournament record.
  • The course record here 261 and was made by Kenny Perry in 2003.
  • Perry repeated the trick two years later in 2005.

Similar Tournaments to the Charles Schwab Challenge

  • 2nd – 5th June 2022, The Memorial Tournament: Played on a course designed by ‘The Golden Bear’ Jack Nicklaus at Muirfield Village Golf Club, the Memorial follows on from the Charles Schwab one week later.
  • 23rd – 26th June 2022, The Travellers: River Highlands is the setting for this midsummer PGA tournament which is one of the highlights of the season.
  • 11th – 14th August 2022, FedEx St Jude Invitational: Another invitational event, this one is held annually at the TPC Southwind in Memphis, Tennessee.


Upcoming Sporting Events


Charles Schwab Challenge Betting FAQs

The best betting sites for Charles Schwab Challenge are bet365, Betfair and Ladbrokes.
The Charles Schwab Challenge will be available to watch live on Sky Sports.
The Charles Schwab Challenge takes place at the Fort Worth Colonial Country Club in Dallas Fort Worth Texas, USA.
The Charles Schwab Challenge takes place each year in May.
The average temperature in Fort Worth in May is 28.4 degrees Celsius.
The Charles Schwab Challenge carries with it a purse of $7.5 million.
Yes, bookmakers will allow you to bet on the cut.


ThePuntersPage Final Say

A highly prestigious event with a prize pool of close to $7 million, this really is one of the most enthused about stops on the PGA Tour. The winners list, which includes Lee Trevino, Jack Nicklaus, Phil Mickelson, Sergio García and Justin Rose, reads like a who’s who of golfing legends, which only adds to its reputation still further.