FedEx Cup Odds: Winners, Favorites, And Props For The Golf Championship

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The FedEx Cup playoffs for the 2024 PGA Tour season will begin on Aug. 15 with the FedEx St. Jude Championship. The playoffs continue with the BMW Championship on Aug. 22. The Tour Championship will wrap things up from Aug. 29 to Sept. 1.

Viktor Hovland won the final event a season ago, claiming the $18 million top prize. The current tour season is in progress, with golfers earning points based on how they fare in each tournament. The FedEx Cup is one of the most popular wagering events at golf betting sites when it rolls around each year. Here’s a look at 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.

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FedEx Cup 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 2024 FedEx Cup

Who won the golf majors in 2023? 

Golf’s major championships take place over a four-month stretch from April to July. Last season, there were surprises atop the leaderboard at three of the four events.  

Masters oddsJon Rahm, -12Tie: Brooks Koepka and Phil Mickelson, -8
PGA Championship oddsBrooks Koepka, -9Tie: Viktor Hovland and Scottie Scheffler, -7
US Open oddsWyndham Clark, -10Rory McIlroy, -9
British Open oddsBrian Harman, -13Tie: 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. 

2023Viktor Hovland$18 millionXander Schauffele
2022Rory McIlroy$18 millionScottie Scheffler, Sungjae Im
2021Patrick Cantlay $15 millionJon Rahm
2020Dustin Johnson$15 millionJustin Thomas, Xander Schauffele
2019Rory McIlroy$15 millionXander Schauffele
2018Justin Rose$10 millionTiger Woods
2017Justin Thomas$10 millionJordan Spieth
2016Rory McIlroy$10 millionDustin Johnson
2015Jordan Spieth$10 millionHenrik Stenson
2014Billy Horschel$10 millionChris 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 Xander Schauffele.  

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.