The FedEx Cup playoffs for the 2022-23 PGA Tour season concluded on Aug. 27. Viktor Hovland was the winner of the final event, the Tour Championship, and the $18 million top prize. The tour season resumes in September, with several signature events slated for 2024. The FedEx Cup is one of the most popular and prestigious golf betting events of the year. Here’s a look at how to safely wager on it at legal online sportsbooks, as well as the latest FedEx Cup odds.
2024 FedEx Cup odds
Odds on the winner of the next FedEx Cup are not out yet at legal online sportsbooks. We’ll update this section with the latest lines once that happens.
FedEx Cup 2024 betting favorites
Once the betting odds on the winner of the next FedEx Cup are available, we’ll take a closer look at the top favorites to win. 2024 FedEx Cup favorites will likely include defending champion Viktor Hovland, as well as the current top three players in the Official World Golf Ranking: Scottie Scheffler, Rory McIlroy, and Jon Rahm.
Schedule for the 2023 FedEx Cup
The FedEx Cup playoffs began on Aug. 10 with 70 golfers in the field at the FedEx St. Jude Championship. Lucas Glover defeated Patrick Cantlay in a playoff to claim the victory. At the BMW Championship, 50 golfers competed, with Viktor Hovland picking up the win. The final event of the playoffs was the Tour Championship, which featured the top 30 in the standings and concluded on Aug. 27. Hovland was victorious, with Xander Schauffele in second.
Who won the golf majors in 2023?
Golf’s major championships take place over a four-month stretch from April to July. For this season, there were surprises atop the leaderboard at three of the four events.
| Event/Odds | Winner | Runner(s)-Up |
| Masters odds | Jon Rahm, -12 | Tie: Brooks Koepka and Phil Mickelson, -8 |
| PGA Championship odds | Brooks Koepka, -9 | Tie: Viktor Hovland and Scottie Scheffler, -7 |
| US Open odds | Wyndham Clark, -10 | Rory McIlroy, -9 |
| British Open odds | Brian Harman, -13 | Tie: Sepp Straka, Jason Day, Tom Kim, and Jon Rahm, -7 |
Recent FedEx Cup winners
Here’s a rundown of the last decade of FedEx Cup winners and runners-up.
| Season | Winner | Earnings | Runner(s)-Up |
| 2023 | Viktor Hovland | $18 million | Xander Schauffele |
| 2022 | Rory McIlroy | $18 million | Scottie Scheffler, Sungjae Im |
| 2021 | Patrick Cantlay | $15 million | Jon Rahm |
| 2020 | Dustin Johnson | $15 million | Justin Thomas, Xander Schauffele |
| 2019 | Rory McIlroy | $15 million | Xander Schauffele |
| 2018 | Justin Rose | $10 million | Tiger Woods |
| 2017 | Justin Thomas | $10 million | Jordan Spieth |
| 2016 | Rory McIlroy | $10 million | Dustin Johnson |
| 2015 | Jordan Spieth | $10 million | Henrik Stenson |
| 2014 | Billy Horschel | $10 million | Chris Kirk |
How do the FedEx Cup playoffs work?
As the PGA Tour season plays out, golfers earn points based on their performance. The season-long points competition is tracked via the FedEx Cup standings. The top 70 players are eligible to play in the final events of the season, also known as the FedEx Cup playoffs.
The playoffs consist of three events, beginning with 70 players at the FedEx St. Jude Championship. From there, the top 50 advance to the next round, the BMW Championship. The top 30 then move on to play in the Tour Championship.
For the playoff events, there are no cuts in advance of weekend play. The first two rounds take place under normal rules, while the Tour Championship instituted a stroke-based scoring system beginning in 2019.
The FedEx Cup starting strokes align with the final point standings, which are determined following the two playoff rounds. The leader begins with a score of -10, followed by the second-place finisher at -8, continuing in declining fashion all the way down to even par for places 26 through 30.
The player with the lowest stroke total over 72 holes at the Tour Championship — when combined with his starting stroke score — is the FedEx Cup champion for the season. The winner earns a bonus of $18 million, gets credited with an official victory at the Tour Championship, and receives a five-year exemption for the PGA Tour.
FedEx Cup odds FAQ
Who is the favorite to win the 2024 FedEx Cup?
Once sportsbooks release odds, the favorites to win the 2024 FedEx Cup will likely include Scottie Scheffler, Rory McIlroy, and Viktor Hovland.
Who won the FedEx Cup last year?
Viktor Hovland was the winner of the FedEx Cup in 2023. Xander Schauffele finished in second place.
What is the prize pool for the FedEx Cup?
The prize pool for the 2023 FedEx Cup was $75 million, with $18 million for first place.
How can I watch the FedEx Cup?
CBS and the Golf Channel are the main broadcast homes for the FedEx Cup, with streaming coverage available on Peacock. They will provide coverage of both playoff rounds, as well as the Tour Championship.
Where can I bet on the FedEx Cup?
FedEx Cup betting is available at legal online sportsbooks like Caesars, BetMGM, BetRivers, FanDuel, and Bet365 in states where those sportsbooks operate.