This PGA contender is our long-shot pick at Colonial: 2023 Charles Schwab Challenge odds

Kurt Kitayam waves to fans at 2023 PGA Championship

Kurt Kitayama's odds are too hard to ignore at this week's Charles Schwab Challenge.

Kevin C. Cox/Getty Images

Now that the 2023 PGA Championship is over, the PGA Tour heads back to Texas for the 2023 Charles Schwab Challenge at Colonial. For our long-shot pick this week, we’re going with an under-the-radar pro who finished top 5 at Oak Hill. Here’s our pick, the Charles Schwab Challenge betting favorites and everything else you need to know for the week.

Charles Schwab Challenge odds: Long-shot bet

Our pick for this week’s post-PGA event in Texas is 30-year-old Kurt Kitayama, whose odds to win to start the week are +6600.

Kitayama is quietly having a great season in 2023. He captured his first PGA Tour victory at the Arnold Palmer Invitational in March to go along with three other top-10 finishes.

But we only need to look to last week to see what Kitayama is truly capable of. At the PGA Championship, he fired an impressive five-under 65 in the final round at Oak Hill to finish T4 with Bryson DeChambeau and Cam Davis.

Given that resume, his odds this week are too hard to ignore. Should you put $10 on Kurt to win and he makes it happen, you’ll earn $660. For insurance bets or ones with less risk, consider putting some money on Kitayama to finish in the top 10 and top 20.

How last week’s long shot fared

For last week’s PGA Championship, we picked Tyrrell Hatton as our long shot at +4000 odds to win. Hatton’s opening-round 77 left us worried he’d miss the cut. But then Hatton put on a serious rally at Oak Hill.

He shot 68 on Day 2 to make the cut on the number at five over, then fired a 69 in the treacherous, rainy third round to get within the top 30.
A final-round 67 saw Hatton jump all the way up to a T15 finish, alongside cult hero Michael Block, to become our sixth long shot to finish in the top 20 this year. If you added an insurance bet on Hatton to finish top 20 like we did, you hit the money.

PAST RESULTS

2023 PGA Championship: Tyrrell Hatton (Odds: +4000; Finish: T15)
2023 AT&T Byron Nelson: J.J. Spaun (Odds: +6600; Finish: WD)
2023 Wells Fargo Championship: Sahith Theegala (Odds: +4000; Finish: T56)
2023 Mexico Open at Vidanta: Gary Woodland (Odds: +3300; Finish: T39)
2023 Zurich Classic of New Orleans: Dahmen/McCarthy (Odds: +4000; Finish: T11)
2023 RBC Heritage: Tom Kim (Odds: +3500; Finish: MC)
2023 Masters: Tommy Fleetwood (Odds: +6600; Finish: 33)
2023 Valspar Championship: David Lingmerth (Odds: +12500; Finish: T27)
2023 Players Championship: Corey Conners (Odds: +6600; Finish: MC)
2023 Arnold Palmer Invitational: Billy Horschel (Odds: +10000; Finish: MC)
2023 Honda Classic: Sepp Straka (Odds: +5000; Finish: T5)
2023 Genesis Invitational: Adam Scott (Odds: +5500; Finish: 65)
2023 WM Phoenix Open: Rickie Fowler (Odds: +8000; Finish: T10)
2023 AT&T Pebble Beach Pro-Am: Beau Hossler (Odds +8000; Finish: T11)
2023 Farmers Insurance Open: Rickie Fowler (Odds: +10000; Finish: T11)
2023 Sony Open in Hawaii: Kurt Kitayama (Odds: +5000; Finish: T73)
2023 Sentry Tournament of Champions: Ryan Brehm (Odds: +75000; Finish: T35)

Charles Schwab Challenge odds: The favorites

World No. 2 Scottie Scheffler’s didn’t win his second major title at the PGA Championship, but he did well enough to finish runner-up with Viktor Hovland, two shots behind winner Brooks Koepka. Scheffler is teeing it up again this week in his home state, and he’s the prohibitive favorite with +400 odds to win.

Coming in second in the oddsmakers’ eyes is another Texan, Jordan Spieth, whose odds come in at +1400 to start the week. In third we have a three-way tie at +1600, featuring Hovland, Tony Finau and Collin Morikawa.

You can see the top 10 and ties in Charles Schwab Challenge betting odds as of Monday morning below, or head over to BetMGM to see the full list of odds and bets for this week.

2023 Charles Schwab Challenge betting odds (Top 10 and ties)

Scottie Scheffler (+400)
Jordan Spieth (+1400)
Collin Morikawa (+1600)
Tony Finau (+1600)
Viktor Hovland (+1600)
Max Homa (+2200)
Sungjae Im (+2200)
Sam Burns (+2500)
Justin Rose (+2800)
Tommy Fleetwood (+2800)

Kevin Cunningham

Kevin Cunningham

As managing producer for GOLF.com, Cunningham edits, writes and publishes stories on GOLF.com, and manages the brand’s e-newsletters, which reach more than 1.4 million subscribers each month. A former two-time intern, he also helps keep GOLF.com humming outside the news-breaking stories and service content provided by our reporters and writers, and works with the tech team in the development of new products and innovative ways to deliver an engaging site to our audience.