The 151st Open Championship will be held July 20-23 at Royal Liverpool. Cam Smith is the defending champion of the Open Championship.
The Open Championship is also referred to as the British Open in the US. As the oldest professional event in golf, the first Open Championship was held in 1860. The US Open didn’t begin until 1895, but Americans began using British Open to distinguish the “Open” tournaments in subsequent years.
In futures odds at BetMGM, Rory McIlroy +5000 is favored to win the Open Championship. McIlroy is followed by Scottie Scheffler and Jon Rahm +700 on the Open Championship oddsboard. Cameron Smith +50000 and Brooks Koepka round out the top-five betting choices in current Open Championship futures.
2023 Open Championship Odds
Stay up to date on 2023 Open Championship futures here with live odds that are automatically updated on a daily basis.
The Open Championship Favorites & Contenders
As has been the case in previous majors this year, Rory McIlroy, Scottie Scheffler, and Jon Rahm can all be found at the top of the Open Championship oddsboard at BetMGM.
Rory McIlroy +5000
McIlroy, who finished runner-up to Wyndham Clark in the recent US Open, is the betting favorite to win this year’s Open Championship. He’s coming in strong off a victory in this past weekend’s Genesis Scottish Open.
Notably, though, he hasn’t won a major tournament since 2014 (PGA Championship at Valhalla). The Northern Irishman did win the 2014 Open Championship at Royal Liverpool, so he might be a good horse for the course this time around.
Scheffler showed out in his first three majors of the year with a T-10 at The Masters, a T-2 at the PGA Championship, and a solo third in the US Open. He also recorded wins at the Players Championship and WM Phoenix Open.
Jon Rahm +700
Rahm has arguably been the best player in golf over the past year, with four victories including his first win at The Masters in April. Among the top-ranked players in the world, he was the only one not to tee it up in Scotland last weekend.
Rahm’s best Open Championship finish came in 2021 when he was T-3 at Royal St. George’s.
Cameron Smith +50000
Smith is the defending British Open champion after winning at St. Andrews last year. He’s coming into this year’s Open Championship in great form after winning the recent LIV Golf London event.
Koepka is at his best in major tournaments with five career wins. He won the 2023 PGA Championship after starting the year with a T-2 at The Masters. Koepka finished T-17 in last month’s US Open.
British Open Value Picks
The Open betting odds offer some value as you move down the oddsboard. It’s always fun to target players at higher odds that are capable of winning the British Open, and providing a nice payday.
Justin Rose is a great value at these 2023 British Open odds. The Englishman has two top-fives and three top-10s on his Open Championship resume. His best finish (T-2) came at Carnoustie in 2018.
Rose won the AT&T Pebble Beach Pro-Am earlier this year.
Jason Day +2800
Jason Day’s return to prominence culminated with a recent victory at the AT&T Byron Nelson. His best Open Championship finish (T-4) came at St. Andrews in 2015.
Here’s a look at more British Open sleeper picks to bet before the tourney tees off on Thursday.
British Open: Line Movement & Implied Probability to Win
You can see how The Open odds have changed for players by using the chart below. Each golfer’s implied probability of winning the Open Championship is based on their current British Open odds.
Implied probabilities are calculated using odds offered by DraftKings.
Last Updated: 2023-07-23 00:00:00 PDT.
Implied probabilities are calculated using odds offered by DraftKings.
How to Bet on Open Championship Odds in 2023
One important part of betting on the Open Championship is making sure you wager early. The tournament tees off in the early morning here in the US (like 3 a.m. early), so gets your bets in by late Wednesday night.
Betting on golf, specifically on the majors, is different from betting on baseball, football, and other major sports. First and foremost, it isn’t a team sport; there isn’t a “Team A” or a “Team B.” It’s one player against the rest of the field.
It is always a challenge to pick the outright winner of a golf tournament. But the good news is there are plenty of other ways to bet on the Open Championship.
The Open Championship also offers an extensive list of prop bets. “Will there be a hole-in-one?” or “will there be a playoff?” are good examples.
You can also wager on head-to-head matchup bets on one player to beat the other. Another example of Open Championship prop bets? Betting on top finishers by country.
Where to Bet on The Open
Here is a list of top-rated sportsbooks for betting on The Open. You’ll find the best British Open odds and betting bonuses across the industry. There are more than $5,000 in sign-up bonuses available to new users. Check them out, and claim some today!
Latest Golf News
Golf Odds: News & Updates
British Open Winners History
Here are British Open winners dating back to 2000, with their pre-tournament odds via www.sportsoddshistory.com
Biggest Open Championship Longshot Winners of All-Time
As you can see below, there was a three-year run of the biggest Open Championship longshots in the modern era between 2009-2011.
In 2009, British Open champion Stewart Cink cashed at odds of +12500. The following year saw Louis Oosthuizen come home as the biggest longshot to win The Open at odds of +20000. In 2011, Darren Clarke rewarded bettors with a payout at +15000 odds.
Keep some longshots in mind when making your 2023 Open Championship predictions!
|Year||British Open Winner||Odds|
|2020||Canceled Due to Covid||N/A|
|2004||Todd Hamilton (not listed, part of field bet)||+400|
|2003||Ben Curtis (not listed, part of field bet)||+300|
Other Major Tournament Odds
Open Championship Odds FAQs
More than half of the 156 players in the field are granted eligibility through exemptions. Any past British Open winner under the age of 60 qualifies, as do the top-10 finishers in last year’s Open Championship. Check out the full list of exemption categories here.
The Open Qualifying Series and Final Qualifying determine other spots in the field.
At BetRivers, Rory McIlroy is the +700 betting favorite to win the 2023 Open Championship as of this post.
John Hughes recorded the highest 18-hole score in the 1894 Open Championship with 130 strokes in the second round at Royal St. George’s.
In the 2016 Open Championship at Royal Troon, Henrik Stenson recorded the lowest-ever 72-hole score in the event at 264 (68-65-68-63). He was -20 in relation to par. See how that compares to the US Open Championship record score.
Maurice Flitcroft infamously attempted to qualify for The Open on six occasions. Far from a professional golfer, Flitcroft was known to use aliases to gain access to Open qualifying sessions. He is most remembered for shooting 121 in the qualifying event for the 1976 Open Championship.
Tiger Woods will not play in the 2023 British Open, as he continues to recover from ankle surgery after The Masters.
Yes. Five players have won back-to-back British Open titles. Padraig Harrington (2007-08), Tiger Woods (2005-06), Tom Watson (1982-83), Lee Trevino (1971-72), and Arnold Palmer (1961-62) are members of that exclusive club.
The prize purse for the 2023 Open Championship has been raised to $16.5 million, with the winner taking home $3 million.
Cam Smith won $2.5 million for winning the 2022 Open Championship, which featured a then-record purse of $14 million. See how that stacked up against the winner of the PGA Championship.
The top-70 finishers (and ties) make the cut at The Open.
Harry Vardon owns the record for most British Open wins with six.