The Charles Schwab Challenge returns to historic Colonial Country Club this week, and fresh off a big win at the PGA Championship, Scottie Scheffler opens as the clear-cut favorite in the Charles Schwab Challenge odds. But with the odds wide open, there’s tons of value to be found within the Charles Schwab Challenge sleeper picks. Lastly, with the Charles Schwab Challenge cut line in play, it will undoubtedly send a few favorites home with their heads held low.
Current Favorites to win the Charles Schwab Challenge
Coming off his third major championship victory at last week’s PGA Championship, the number one player in the world is now half-way towards the career grand slam with his two Masters victories. The 15-time PGA Tour winner has now won back-to-back events for his first two wins of the season following a seven-win season in 2024. Making his sixth start at the Charles Schwab Challenge, Scheffler’s record at Colonial Country Club makes him a no-brainer to love this week. A playoff loss in 2022 was followed by a tie for third place in 2023 and a tie for second place in 2024.
Credit: Aaron Doster-Imagn Images
Tommy Fleetwood | +2500 at FanDuel sportsbook
Currently ranked as the 15th best player in the world, it’s still hard to fathom that the 34-year-old Englishman is still in search of his first PGA Tour victory after playing in 155 events. As has always been his issue it’s the putting that continues to hold him back as he continues to be a cut machine and has a knack for landing on the first couple of pages of leaderboards. This marks his third appearance at the Charles Schwab Challenge where he has a career best result of a tie for 35th place in 2022.
The 2020 Charles Schwab Challenge champion returns to the scene of his famous victory and is playing some of his best golf in recent years upon his arrival. While back injuries sidelined his career for a few seasons, the four-time PGA Tour winner is healthy once again and the results this year prove that. Arriving at Colonial Country Club having made 10 straight cuts, the 32-year-old has posted a second-place finish, and a third place finish this season to go with nine top 25 results in just 13 events.
Hideki Matsuyama | +2500 at DraftKings sportsbook
With a win in the opening event of the season at The Sentry, the 11-time PGA Tour winner has taken a surprising step backwards over the 11 tournaments he has played in since then. With the win also representing his only top 10 result of the season, the 33-year-old has seven top 25 finishes in those 12 starts. However, three missed cuts over his last five events brings a little bit of concern to the 11-time PGA Tour winners form as he visits Colonial Country Club for the first time in his illustrious career.
In search of his first win since the RBC Heritage in 2022, the 51st ranked player in the world is having a season that has seen him in contention to end that drought on several occasions. A pair of fourth place finishes highlights his year as he’s been close to the victory but not close enough. Coming off his second missed cut of the season at the PGA Championship, his record at Colonial Country Club has been impressive for the Texas native. In 12 appearances in the tournament, he has one win, three second place finishes and eight top 10 results.
Charles Schwab Challenge longshot
Davis Riley | +5000 at FanDuel sportsbook
The defending champion returns to Colonial Country Club as he looks for his first win since bringing home the title last year for his second career win on the PGA Tour. With wins in 2023 and 2024, the 28-year-old has been looking to make it three years in a row in 2025 and has posted some close results. Coming off a personal best finish at a major championship last week when he finished tied for second at the PGA Championship, the 53rd ranked player in the world now has three top seven finishes on the year.
Charles Schwab Challenge recent winners
Year
Winner
2024
Davis Riley
2023
Emiliano Grillo
2022
Sam Burns
2021
Jason Kokrak
2020
Daniel Berger
Charles Schwab Challenge betting trends
There are many betting trends when looking at the Charles Schwab Challenge this week. With the tournament going to a playoff in three of the past five years, the event is always typically tight at the top of the leaderboard. See what type of odds you can get on extra holes being required this year as it appears to be a running theme at the Charles Schwab Challenge.
With 39 official PGA Tour starts under his belt, the 25-year-old has shown flashes of brilliance that have him knocking on the door of his first ever win on the game’s biggest stage. A tie for eighth at the PGA Championship was his third top 10 result of the season and second-best finish aside from the Texas Open where he finished in second place. In 15 events in 2025 he’s registered seven top 25’s with only two missed cuts. Now making his debut at the Charles Schwab Challenge, he is looking to keep his foot to the pedal, as he continues to search for that illusive first ever win.
How to read the Charles Schwab Challenge betting odds
Reading the Charles Schwab Challenge betting odds is just as easy as reading the odds for any other golf tournament or sporting event. In golf, there are numerous ways to bet, from head-to-head matchups to whether a player will make a certain number of birdies or eagles in a round. You can even bet if there will be a hole-in-one during the event, if the tournament will go to a playoff or if a player will be in the final group on Sunday.
How to bet on the Charles Schwab Challenge
There are several ways to bet on the Charles Schwab Challenge this week. One bet that stands out, however, is that Scottie Scheffler, Jordan Spieth, and Hideki Matsuyama will all finish in the top 10. A $10 bet at +1628 would give you back $162.80 if these three stars can finish in the top 10.
Charles Schwab Challenge info
When
Where
Defending champion
How to watch
May 22-25
Colonial Country Club
Davis Riley
Golf Channel/CBS
Charles Schwab Challenge FAQs
Who has won the most Charles Schwab Challenge titles?
With five wins over the history of the tournament, Ben Hogan leads the way when it comes to the most wins in the event. Hogan was able to pull off the accomplishments by winning the tournament in 1946, 1947, 1953, 1953 and 1959. The win in 1959 was the last of his hall-of-fame career that saw him win 64 times on the PGA Tour.
What is the prize pool for the Charles Schwab Challenge?
The prize pool for the Charles Schwab Challenge sits at $9,500,000 for the 2025 event which is up $400,000 from the 2024 event. The winner will take home a prize of $1,710,000 for winning the tournament, which is the same as also slightly up from last year. In the first ever Charles Schwab Challenge (Colonial National Invitational) in 1946, the winning prize that year was $3,000.
Who won the first Charles Schwab Challenge?
In 1946 Ben Hogan won the inaugural Charles Schwab Challenge which went by the name of the Colonial National Invitational at the time. Hogan defeated Harry Todd by one shot that year on his way to picking up the trophy. The win that year was one of 13 that he would pick up in 1946 including his first major championship win at the PGA Championship which he won later in the season.
What is the tournament record score at the Charles Schwab Challenge?
By shooting 21 under par in 2010, Zach Johnson has posted the lowest number to par in the event. Johnson won the tournament by three strokes that year beating Brian Davis who shot 18 under par. Johnson’s total of 259 is also the best total shots result as his record continues to set the pace at Colonial Country Club 15 years later.
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