2021 Arnold Palmer Invitational: Betting Guide and Preview

Thursday, March 4 marks the next event on the PGA calendar as some of golf’s best competitors will compete at the 2021 Arnold Palmer Invitational.

According to Sportsbetting.ag, Rory McIlroy, the PGA’s No. 8 ranked golfer, is the favorite to win the event. As of March 2, McIlroy’s odds are sitting at +850. McIlroy previously won the Arnold Palmer Invitational in 2018. He defeated Bryson DeChambeau by three strokes to win.

Speaking of DeChambeau, he has the second-best odds of winning, according to Sportsbetting.ag. They’ve listed his odds at +1100. If he wins, it would be DeChambeau’s first Arnold Palmer Invitational victory.

Max Homa, who just won the Genesis Invitational in February, is sitting at +6000.

PGA events tend to attract bettors and this year’s Arnold Palmer Invitational is no different. Before making a potential bet, read through this guide to know the ins and outs of betting.

2021 Arnold Palmer Invitational Odds

Odds via Sportsbetting.ag as of Tuesday, March 2

  • Rory McIlroy +850
  • Bryson DeChambeau +1100
  • Viktor Hovland +1200
  • Tyrrell Hatton +1600
  • Patrick Reed +2000
  • Matthew Fitzpatrick +2200
  • Sungjae Im +2500
  • Paul Casey +2800
  • Francesco Molinari +3300
  • Hideki Matsuyama +3300
  • Jordan Spieth +3300
  • Will Zalatoris +3500
  • Billy Horschel +4000
  • Jason Day +4000
  • Jason Kokrak +4000

2021 Arnold Palmer Invitational General Information

The 2021 Arnold Palmer Invitational will run from Thursday, March 4 to Sunday, March 7. As usual, the PGA event will be held at the Bay Hill Club and Lodge in Orlando, Florida just like it has been since 1979.

The event’s purse will be at $9.3 million, with $1.674 million of that going to the winner.

2021 Arnold Palmer Invitational Preview: A Look at the Top 3 Odds

As mentioned before, McIlroy is the favorite heading into this week’s Arnold Palmer Invitational. However, McIlroy still hasn’t won a PGA event during the 2021 season. So far, his best performance was at the Masters Tournament when he finished in the top-five.

Despite his lack of success this season, McIlroy has a plan going into Bay Hill. He said that he’s going to take advantage of Par 5 situations because that’s how Tiger Woods was successful.

McIlroy will have to fight off DeChambeau on his road to winning the Arnold Palmer Invitational. DeChambeau started off the 2021 PGA Season by winning the U.S. Open, but he’s struggled since then. Last weekend, he finished in 22nd-place at the Workday Championship at The Concession.

Viktor Hovland rounds out the top-three odds for the Arnold Palmer Invitational at +1200. The 23-year-old Norwegian has been playing some great golf since December. In five events since the beginning of December, Hovland has finished in the top-five four times. That includes winning the Mayakoba Golf Classic. If Hovland can maintain his momentum, there is a decent shot that he could provide good betting value this week.


2021 Arnold Palmer Invitational Betting Information

Before you sign up for a sportsbook, it’s important to familiarize yourself with sports betting terminology. Not everyone will be an expert bettor off the bat. That’s why you need to know exactly what you’re betting on.

Moneyline

Betting on the moneyline for any given event is simple: most of the time, you’re choosing the outright winner. So when it comes to betting on the 2021 Arnold Palmer Invitational, you have options. Sportsbetting.ag lets bet on the moneyline when it comes to who will win the tournament.

For example, say you bet $100 on McIlroy to win at +850. If he wins the event, you would win $850.

Sportsbooks also let you wager on the moneyline for different matchups and pairings.

Point Spread

Point spread bets are another popular betting trend. When it comes to golf, point spread bets usually refer to choosing whether or not a golfer will win a round or matchup by a certain amount of strokes.

If a sportsbook gives a golfer -150 odds to win a matchup by 1.5 strokes, that means that the golfer would have to win by at least two strokes in order to cover the spread.

Prop Bets

Prop bets are a type of bet that doesn’t always have to do with the outcome of a game or event. One example of a prop bet from the world of golf would be wagering on whether there’ll be a hole in one at a tournament. Some PGA prop bets range from guessing the eventual winner’s nationality to predicting if a Play Off will happen.

Live Betting

Live betting is another popular form of sports betting. Bettors are able to wager during events as they happen live. Some people enjoy the thrill that live betting brings since it’s more of a spontaneous experience.

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Devon Platana
After graduating with a Masters degree in Journalism, Devon joined USGS to improve his sports writing skills. As a lifelong sports fan, one of Devon’s favorite things to do is analyze statistics across all sports.