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Charles Schwab Challenge 2020 - Betting Preview, Odds and Result

11 Jun 2020 to 14 Jun 2020 Tour PGA Tour Prize fund $7,500,000 Field 148 Odds updated 10 Jun 2020

See what we tipped for the Charles Schwab Challenge

Below you can see our model's numbers in full for the top three in the market. Members see them for every player, plus the bets we actually advised, the stake for each one, and the bookmaker with the best each-way terms - in their inbox every Tuesday morning.

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profit since 2020, staked at £100 per event
return on investment

Every tip published since 2020, settled and shown in full on the track record page.

Charles Schwab Challenge 2020 at a glance

Favourite
9/1Rory McIlroy
Favourite's chance
7.2%after the margin is removed
Top 5 in the market
22.5%combined win chance
Field
148143 priced by the bookies
Best-price overround
35.2%vs 14.2% at the cheapest book
100/1 or bigger
108players in the field

The market, read in numbers

The bookmakers made Rory McIlroy favourite for the Charles Schwab Challenge at 9/1. That is an implied 10.0% before the margin comes out, and 7.2% once the book is normalised back to 100%. On that number this is a moderate favourite rather than a standout, with Jon Rahm next in at 11/1.

The five shortest players in the market share 22.5% of the win chance between them, which leaves 77.5% spread across the other 138 priced players. That is an unusually flat market. When no small group of players dominates, a model that prices the whole field has more room to disagree with the bookmakers. 108 players are priced at 100/1 or bigger.

Take the best price available on every player and the overround on this market is 35.2%, or 4.2% once the each-way terms are valued properly. The cheapest single bookmaker on this event is William Hill at 14.2% (8 @ 1/5), so taking the best price player by player is worth -21.1 points of margin before a single selection is made. We explain how the number is built in what are the bookies' margins on golf, and which books are worth having an account with in which bookie is best for golf.

Our model prices every player in the field from world ranking points, recent form and the strength of the field, then compares that price against the market. Where our number is higher than the bookmakers', there is an edge - that is the Discrepancy column in the table below. Picks are the players with the biggest edge once the each-way terms on offer are taken into account, which is why a 150/1 shot at 1/5 odds and 8 places can be a better bet than the same player at 150/1 and 5 places elsewhere.

Charles Schwab Challenge 2020 odds

Best available outright prices across the bookmakers we track, with the implied chance each price carries. Normalised probability removes the bookmakers' margin so the column sums to 100%.

# Player Odds ImpliedImpl. NormalisedNorm. Finish
1 NIR Rory McIlroy 9/1 10.0% 7.2% 32nd
2 ESP Jon Rahm 11/1 8.3% 6.0% 90th
3 USA Justin Thomas 18/1 5.3% 3.8% 10th
4 USA Patrick Reed 25/1 3.8% 2.8% 7th
5 USA Webb Simpson 25/1 3.8% 2.8% 104th
6 USA Bryson DeChambeau 25/1 3.8% 2.8% 3rd
7 USA Xander Schauffele 28/1 3.4% 2.5% 3rd
8 USA Dustin Johnson 30/1 3.2% 2.3% 107th
9 USA Brooks Koepka 30/1 3.2% 2.3% 32nd
10 USA Rickie Fowler 35/1 2.8% 2.0% 108th
11 USA Tony Finau 35/1 2.8% 2.0% 23rd
12 USA Jordan Spieth 40/1 2.4% 1.8% 10th
13 AUS Marc Leishman 45/1 2.2% 1.6% 96th
14 USA Scottie Scheffler 45/1 2.2% 1.6% 55th
15 USA Collin Morikawa 45/1 2.2% 1.6% 2nd
16 ENG Justin Rose 50/1 2.0% 1.4% 3rd
17 USA Matt Kuchar 50/1 2.0% 1.4% 74th
18 AUS Jason Day 55/1 1.8% 1.3% 103rd
19 USA Kevin Na 55/1 1.8% 1.3% 69th
20 USA Gary Woodland 55/1 1.8% 1.3% 9th

Prices were recorded before the tournament started and are not live. Always check the current price with your bookmaker.

How the Charles Schwab Challenge 2020 finished

Daniel Berger won the Charles Schwab Challenge, having started the week at 66/1 - an implied 1.5% chance. The favourite, Rory McIlroy, finished 32nd.

Pos Player Starting odds Implied chanceImpl.
1 USA Daniel Berger 66/1 1.5%
2 USA Collin Morikawa 45/1 2.2%
3 ENG Justin Rose 50/1 2.0%
3 USA Jason Kokrak 150/1 0.7%
3 USA Bryson DeChambeau 25/1 3.8%
3 USA Xander Schauffele 28/1 3.4%
7 USA Bubba Watson 125/1 0.8%
7 USA Patrick Reed 25/1 3.8%
9 USA Gary Woodland 55/1 1.8%
10 USA Jordan Spieth 40/1 2.4%
10 USA Justin Thomas 18/1 5.3%
10 KOR Sungjae Im - -
10 USA JT Poston 150/1 0.7%

Our model's numbers for the Charles Schwab Challenge

The top of the market, with our model's win probability (Predicted) and how far it disagrees with the bookmakers (Discrepancy). The first three rows are shown in full so you can see exactly what the model produces. Odds and implied probabilities are public - the two green columns are ours.

🔓 Three rows are unlocked below. Members see Predicted and Discrepancy for every player, plus the bets we advised and the stake for each. Start your free trial →
# Player Bookies' Odds Implied Impl. Normalised Norm. Predicted Pred. Discrepancy Edge
1 NIR Rory McIlroy 9 (William Hill: 8 @ 1/5) 10% 7.2% ≈ 13/1 2.26% -4.95% Free
2 ESP Jon Rahm 11 (Paddy Power: 10 @ 1/5) 8.33% 6% ≈ 16/1 1.97% -4.04% Free
3 USA Justin Thomas 18 (William Hill: 8 @ 1/5) 5.26% 3.79% ≈ 25/1 1.72% -2.08% Free
4 USA Bryson DeChambeau 25 (William Hill: 8 @ 1/5) 3.85% 2.77% ≈ 35/1 🔒
5 USA Patrick Reed 25 (Paddy Power: 10 @ 1/5) 3.85% 2.77% ≈ 35/1 🔒
6 USA Webb Simpson 25 (William Hill: 8 @ 1/5) 3.85% 2.77% ≈ 35/1 🔒
7 USA Xander Schauffele 28 (Paddy Power: 10 @ 1/5) 3.45% 2.48% ≈ 39/1 🔒
8 USA Dustin Johnson 30 (William Hill: 8 @ 1/5) 3.23% 2.32% ≈ 42/1 🔒
9 USA Brooks Koepka 30 (William Hill: 8 @ 1/5) 3.23% 2.32% ≈ 42/1 🔒
10 USA Tony Finau 35 (Paddy Power: 10 @ 1/5) 2.78% 2% ≈ 49/1 🔒
11 USA Rickie Fowler 35 (William Hill: 8 @ 1/5) 2.78% 2% ≈ 49/1 🔒
12 USA Jordan Spieth 40 (William Hill: 8 @ 1/5) 2.44% 1.76% ≈ 56/1 🔒
13 AUS Marc Leishman 45 (William Hill: 8 @ 1/5) 2.17% 1.57% ≈ 63/1 🔒
14 USA Collin Morikawa 45 (William Hill: 8 @ 1/5) 2.17% 1.57% ≈ 63/1 🔒
15 USA Scottie Scheffler 45 (William Hill: 8 @ 1/5) 2.17% 1.57% ≈ 63/1 🔒
16 USA Matt Kuchar 50 (William Hill: 8 @ 1/5) 1.96% 1.41% ≈ 70/1 🔒
17 ENG Justin Rose 50 (William Hill: 8 @ 1/5) 1.96% 1.41% ≈ 70/1 🔒
18 USA Gary Woodland 55 (William Hill: 8 @ 1/5) 1.79% 1.29% ≈ 77/1 🔒
19 ENG Matthew Fitzpatrick 55 (William Hill: 8 @ 1/5) 1.79% 1.29% ≈ 77/1 🔒
20 USA Kevin Na 55 (William Hill: 8 @ 1/5) 1.79% 1.29% ≈ 77/1 🔒
Predicted and Edge are hidden on 17 of these 20 players, and on the other 128 in the field
Those two columns are the whole point: they are where our model disagrees with the bookmakers.
Unlock every player free for 30 days →

Bookmaker margins and each-way terms

What each bookmaker is charging on this market, and the each-way terms they are offering. True overround values the extra places properly, so it is the number to compare - the lower it is, the more the bookmaker is giving back. How we calculate it.

# Bookie Terms Overround True Overround
1 William Hill 8 @ 1/5 47.5% 14.2%
2 Skybet 9 @ 1/5 63.7% 18.1%
3 Bet365 6 @ 1/4 46.9% 18.3%
4 Paddy Power 10 @ 1/5 82.8% 23.3%
5 Boyle Sports 8 @ 1/5 63.8% 26.8%
6 Betfred 7 @ 1/5 52.1% 27.3%
7 Sportingbet 6 @ 1/4 61.1% 29.7%
8 GentingBet 7 @ 1/5 58.6% 32.8%
9 Betfair Sportsbook 8 @ 1/5 78.1% 38%
10 Ladbrokes 5 @ 1/4 54.9% 38.2%
11 Coral 7 @ 1/5 65.9% 39%
12 VBet 5 @ 1/4 56.5% 39.6%
13 Bet Victor 6 @ 1/5 56.5% 42.7%
14 Betway 7 @ 1/5 70.7% 43%
15 888Sport 6 @ 1/5 57.1% 43.2%
16 Unibet 6 @ 1/5 60.2% 46.1%
17 Spreadex 6 @ 1/5 66% 51.3%
18 10Bet 6 @ 1/5 110.1% 93.6%
19 Sport Nation 6 @ 1/5 1395.6% 1316.1%

Charles Schwab Challenge 2020 betting FAQ

Who was favourite for the Charles Schwab Challenge 2020?

Rory McIlroy was the outright favourite at 9/1, which is an implied chance of 10.0% before the bookmakers' margin is removed and 7.2% after. Jon Rahm was next in the market at 11/1.

Who won the Charles Schwab Challenge 2020?

Daniel Berger won the Charles Schwab Challenge 2020, starting the week at 66/1.

When was the Charles Schwab Challenge 2020 played?

The Charles Schwab Challenge started on Thursday 11 June 2020 and finished on Sunday 14 June 2020. It is a PGA Tour event.

How big was the Charles Schwab Challenge field?

148 players were in the field, 143 of them priced by the bookmakers. 108 of those were 100/1 or bigger, which is where most each-way value is found.

What margin do the bookmakers take on the Charles Schwab Challenge?

Taking the best price available on every player cuts the overround to 35.2%, against 14.2% at William Hill, the cheapest single bookmaker on this market. Shopping the whole market is worth more than most tips are.

Where can I get Charles Schwab Challenge betting tips?

GolfForecast publishes its Charles Schwab Challenge picks each Tuesday morning, with the stake for each bet and the bookmaker offering the best each-way terms. The 30-day trial is free.

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Charles Schwab Challenge: Predicted and Edge are locked on the rest of the field. Unlock free for 30 days →