2023 Canadian Open Betting Preview, Odds & Tips

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The Canadian Open is an annual golf tournament on the PGA Tour, co-organised by Golf Canada and founded way back in 1904. Read on for all you need to know about this event, including our top Canadian Open tips and predictions, the latest odds, the most popular betting markets, and more!

Tournament Structure for the Canadian Open

As with all PGA Tour events, play starts on a Thursday and finishes on a Sunday. On each of the four days of play, the golfers involved are required to play through 18 holes, aggregating an under-par score in the process. If you are unfamiliar with the term “par”, check out our guide to golfing terms here.

After two days have been played, a cut is introduced to reduce the size of the field, with any players that fall underneath that line having to exit the tournament. Those that have a higher score and are above the line will have made the cut and carry on into the two days of the weekend.

By the end of play on Sunday, the player at the top of leaderboard is the golfer with the lowest complete tournament below-par score. This can sometimes end in more than one player finishing with the same score, in which case a playoff will be contested by the tied players in order to find a winner.

 

Best Betting Site for Canadian Open Golf Betting 2023

#1
bet365
  • Best bookie for betting on the Canadian Open
  • User-friendly live golf betting
  • Offers Live Golf Tracker with live scores
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#2
Paddy Power
  • Great for golf odds
  • Worldwide streaming
  • Excellent welcome offer for golf
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#3
Ladbrokes
  • Great bookie to bet in-play on golf
  • In business over half a century
  • Arguably one of the best bookies for golf
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#4
BetVictor
BetVictor
  • Best for golf odds
  • Very good support including live chat
  • Excellent selection of golf markets
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#5
Betfair
  • Fantastic selection of golf markets
  • Highly competitive odds
  • Golf betting tips available
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Best Bookies for the RBC Canadian Open – Top 5 Ranked

 

Canadian Open 2023 Betting Odds, Promotions, Tips & Predictions

The provisional dates for the 2023 RBC Canadian Open are the 5th – 11th June, with the venue set to be the Oakdale Golf & Country Club in Toronto.

Canadian Open Betting Odds 2023

We will publish the latest odds for the 2023 tournament once the start date draws closer.

Canadian Open Betting Tips & Predictions 2023

Our expert tips and predictions will be added here as the commencement of the event approaches.

Canadian Open Betting Promotions 2023

  • NetBet are offering newcomers £10 to bet on the Canadian Open (or anything else you fancy) as well as 100 free spins.
  • If you don’t like the sound of that, then how about Betfred’s offer of £60 when you bet an initial £10.

5 Reasons to Bet on the Canadian Open

  • 1
    This is one of the PGA’s oldest events.
  • 2
    It’s also part of golf’s Triple Crown.
  • 3
    The world’s top players will be involved.
  • 4
    The golfers are playing for their slice of the $7.8 million purse.
  • 5
    This is the biggest golf tournament in Northern America to be played outside the United States.

Canadian Open Betting Sites With Live Streaming

  • Paddy Power
  • Ladbrokes
  • William Hill
  • Coral
  • Betfair

 

Popular Canadian Open Betting Markets

Betting on golf is as good as sports betting gets, due to the sheer amount of markets to be found. In addition, the size of the field means that you can get good value prices even on the world’s best players. There are many golf betting markets for an event such as this, and below we have highlighted some of the best available for the Canadian Open.

Outright Winner Betting

The outright winner allows you to bet on the golfer that you believe will emerge victorious after four days. Of course, this will be the player that finishes the tournament with the lowest below-par score. All you need to do is click on the odds next to the player you think will win. This will send you to your betting slip, where you can enter your stake and place your bet.

Best Canadian Open betting site for Outright Winner: Paddy Power

Top 10 Finish Betting

With this bet, you will be wagering on a golfer to do well – enough to finish in the top ten. While not an outright victory, this is still a very good achievement in golf because of the size of the field. Plus, golf does tend to offer the best value odds compared to other sports.

Best Canadian Open betting site for Top 10 Finish: Coral

Make or Miss the Cut Betting

In golf, a cut is used to slice the field in half after two days' play. It is not uncommon for lower-ranked golfers to make the cut, which would pay well due to the unexpected nature of the outcome. Likewise, it is also possible for one of the world’s top players to miss the cut, again at high odds.

Best Canadian Open betting site for Make or Miss the Cut: Unibet

In-Play Betting

If you’re live streaming an event through a betting app or watching live you will be watching the events unfold as they happen in real time. Because of the launch of in-play betting, or live betting as it is also called, you are able to respond to on-course events instantly and place your bets. This includes all of the above markets, but with bets placed while the event is underway rather than before.

Best Canadian Open betting site for in-play betting: 888sport

 

History of the Canadian Open

  • The first Canadian Open championship was held back in 1904.
  • In 1912, American golfing legend Walter Hagen made his professional debut in this competition at the Rosedale Golf Club.
  • Two years later, the event saw its first home winner when Canadian Karl Keffer won the event.
  • The tournament saw its biggest ever winning margin in 1919, when J. Douglas Edgar from England won by 16 strokes.
  • The 1939 renewal was won by Harold “Jug” McSpaden at the Riverside Golf and Country Club of Saint John. This course is located in New Brunswick, and it was the only time the Open has been held in Atlantic Canada.
  • Years later, in 1955, Arnold Palmer captured his inaugural PGA Tour victory when he won the Canadian Open at the Weston Golf and Country Club.
  • In the 1962 event, Gary Player was disqualified only after the first round. Unfortunately, he incorrectly recorded the wrong score on the 10th hole.
  • For the first time in his professional career, Tiger Woods missed a professional cut, an unfortunate occurrence that came at the 1997 Canadian Open.
  • In 2007, Jim Furyk joined the likes of James Douglas Edgar, Jim Ferrier, Leo Diegel, and Sam Snead in winning consecutive Canadian Open titles.
  • Tiger Woods’ memorable Canadian Open win in 2000 meant that he became the second player in history after Lee Trevino to win golf’s Triple Crown, going on to win the Open Championship and US Open in the same year.

 

Recent Canadian Open Winners

YearChampionCountry

2022Rory McIlroyNorthern Ireland
2021Tournament cancelled due to COVID-19 pandemic-
2020Tournament cancelled due to COVID-19 pandemic-
2019Rory McIlroyNorthern Ireland
2018Dustin JohnsonUnited States
2017Jhonattan VegasVenezuela
2016Jhonattan VegasVenezuela
2015Jason DayAustralia
2014Tim ClarkSouth Africa
2013Brandt SnedekerUnited States
2012Scott PiercyUnited States

 

Canadian Open Key Stats

  • With four wins between 1924 and 1929, the USA’s Leo Diegel is the most decorated player in the history of this event.
  • Americans have tended to dominate the Canadian Open, with 77 winners from the States so far.
  • There has not been a Canadian winner of the Canadian Open since Pat Fletcher in 1954.
  • The Canadian Open is considered to be the most prestigious tournament to have eluded the great Jack Nicklaus.
  • Nicklaus came second in this event on a record seven occasions.
  • In 2009, Mark Calcavecchia broke a PGA Tour record when he scored nine consecutive birdies during the second round at the Canadian Open.
  • In 1919, Englishman J. Douglas Edgar won the tournament at the Hamilton Golf and Country Club by a record 16-stroke margin.

 

Similar Tournaments to the Canadian Open

  • 23rd – 26th June 2022, The Travellers: This a popular event on the PGA Tour and takes place in late June each year at the TPC River Highlands in Connecticut, USA.
  • 7th – 10th July 2022, The Scottish Open: The PGA makes its annual return to the home of golf as Scotland welcomes the world’s top golfers.
  • 17th – 20th November 2022, RSM Classic: One of the most prominent autumn events in the PGA Tour.
  • 7th – 11th December 2022, QBE Shootout: This unique team-style PGA Tour event takes place at the The Ritz-Carlton Golf Resort in Naples, Florida. The winners will pick up $895k to share between them.
  • 15th – 18th June 2023, The US Open: This is the third of golf’s four annual majors and is played three days after the conclusion of the Canadian Open.

 

Canadian Open Betting FAQs

The best betting sites for Canadian Open are bet365, Paddy Power and Ladbrokes.
You can watch the Canadian Open live on Sky Sports.
The event doesn’t actually have a fixed venue but has been held in Quebec and Ontario the most times.
The Canadian Open takes place each year in June.
Canada is a big country, so it depends on where the event is being held that year. However, in general, it should be warm in the summer.
The Canadian Open comes with a purse of $7.8 million.
Yes, bookmakers will accept wagers made on this market.

 

ThePuntersPage Final Say

By now, you've probably realised why betting on the Canadian Open is so popular among bettors the world over. After all, once upon a time, this event was known as golf’s unofficial fifth major after the PGA Championship and, as the third longest running tournament on the PGA’s schedule, makes up part of the sport’s Triple Crown. Naturally, this attracts all of the world’s top players, as well as the huge $7.8 million prize pool.

If you're thinking of testing your luck with this event, bookmark this page to have our expert Canadian Open betting tips at hand, and don't forget to carry out an Open golf betting odds comparison to help with your betting!