PGA Canadian Open Tournament Golf Betting Odds

The Canadian Open returns to Oakdale Country Club in Toronto, Ontario with the first round beginning on Thursday, June 8th, and the final round being played on Sunday, June 11th. The tournament has been played every year since 1904 with breaks for the two World Wars and COVID, making it the third-oldest tournament on the tour behind only the U.S. and British Opens. Rory McIlroy comes into this one as the predictably massive moneyline favorite on all betting sites and betting apps.

Canadian Open Outright Tournament Golf Odds - June 8-11

Rory McIlroy has dominated the Canadian Open recently, winning in 2019 and 2022, which were actually back-to-back wins since the 2020 and 2021 tournaments were canceled due to COVID. He will be looking to become the first to win the tournament three years on the bounce, but there is an intriguing field who will do everything they can to keep that from happening. Odds provided by Sports Interaction.

Rory McIlroy Odds Analysis

With only one other golfer in the world rankings top 10 competing in this tournament, it really is Rory McIlroy’s to lose, and with his recent success in Canada, he would probably be the favorite even if there was a much stronger field. He won in 2019 and did so again last year, though those were contested at different golf courses.

While it is not often that a tournament will be won by the same golfer in back-to-back years, it has happened thrice at the Canadian Open since 2006, with McIlroy winning in 2019 and 2022, Jhonattan Vegas winning in 2016 and 2017, and Jim Furyk winning in 2006 and 2007.

There is no one close to McIlroy, but even as such a huge favorite, his odds to win are still sitting at lovely +400 odds. Plus, if you want to play it safe, you can go with the Each-Way bet, which places one bet on McIlroy to win at +400 odds and another at +100 to finish top five.

Sam Burns Odds Analysis

The No. 14 ranked golfer on the PGA Tour right now, Sam Burns has been coming on strong in recent years, winning five PGA tournaments since 2021. He has not won a tournament since May of 2022 and missed the cut in two of his last six appearances, but in those other four he’s earned top 16 finishes. 

Burns’ +1,200 odds to win outright are pretty enticing, but considering he hasn’t won a tournament in over a year, they are a bit of a mirage. However, his +146 odds to finish in the top 10 are very intriguing considering he’s finished in the top six on three occasions in 2023.

Tyrrell Hatton Odds Analysis

A 6-time winner on the European Tour, Tyrrell Hatton has also won one tournament on the PGA Tour, the 2020 Arnold Palmer Invitational. He has also racked up five top 10 finishes at majors since 2016, most recently tying for 6th in 2019. He hasn’t won a tournament since 2021, however, so his place near the top of the odds leaderboard has a lot more to do with his recent form.

Hatton has played in 11 tournaments in 2023 and has missed the cut just once. Since he finished tied for 34th at the Masters he’s put together five straight top 20 finishes, including two top three finishes in his last four outings. Hatton’s +1,200 odds to win are enticing, but his +161 odds for the top 10 seem like a lock.

Matt Fitzpatrick Odds Analysis

With one week to go before the U.S. Open, last year’s winner, Matt Fitzpatrick, will be looking to get his game in order at the Canadian Open so he’s ready to defend his crown. Fitzpatrick’s other PGA Tour win was earlier this year at the RBC Heritage in April, just a week after having secured a top 10 finish at the Masters.

The next few weeks were a bit rough for the Englishman, but he bounced back last week to earn another top 10 finish at The Memorial Tournament. He did finish 10th at the Canadian Open last year, albeit on a different course, so his top 10 odds at +157 are definitely worth a look here.

Cameron Young Odds Analysis

Though this has largely been a season to forget for Cameron Young so far, he has still had some excellent moments through the first half of 2023. After finishing outside of the top 50 at The Players Championship, he bounced back massively the next month at the Masters, where he finished an impressive 7th place.

He also finished top three at the British Open and the PGA Championship in 2022, so Young definitely has the skills to get it done, it’s just about finding some consistency for the 26-year-old talent.