Arnold Palmer Invitational 2024 Preview, Odds, Predictions, Betting Picks: Victor Hovland?

Viktor Hovland

It’s March and that means we can enjoy some seriously competitive tournaments throughout the  month. The Players Championship is coming up, but before the ‘fifth major’ we have the 2024 Arnold Palmer Invitational.

The tournament was established in 1966, and by attaching Arnold Palmer’s name to the event, we can guarantee a strong field. This year proves that point, with the World Number One returning to the circuit, with plenty of strong competition behind him.

The delayed finish to the Cognizant Classic meant that the market has been slow to fill up, but there are some interesting options as we look for some winners at the sportsbooks. So here is our full Arnold Palmer preview with betting predictions and picks.

Leading the way at the top of the outright betting is World Number One Scottie Scheffler. He was the 2022 champion here, after holding off a strong chasing pack by one stroke. Scheffler is available at best industry odds of 13/2 as he looks to build on a solid start to 2024. Scottie is highly ranked in key stats, including Par 4 Scoring, and he made a respectable title defense in 2023, finishing in a tie for fourth.

Slotting in as second favorite is Rory McIlroy at a top price of 9/1. The Northern Irishman is another former champion, having won the Arnold Palmer Invitational in 2018. He was one of two runners-up behind Kurt Kitayama last year. A mixed start to 2024 will deter some punters, but McIlroy has an outstanding record at Bay Hill.

Behind the tournament favorites, the pack is led by Xander Schauffele and Viktor Hovland, with both men available at a best of 14/1. Hovland was a runner-up to Scottie Scheffler in 2022, and the Norwegian tied for 10th last year after starting the final stages one shot off the lead. Schauffele has four top 10 finishes in recent weeks, but has yet to break the top 20 in two previous attempts at the Arnold Palmer Invitational.

Moving through the field of golfers, Patrick Cantlay is at 16/1, followed by Jordan Spieth and Ludvig Aberg at 20/1. Cantlay tied for fourth here a year ago and led the field in Par 5 scoring, which will be a key stat on a lengthy course. Spieth also tied for fourth place in this event last year.

Others to consider in this section of the bookies’ betting include Sam Burns and Collin Morikawa at 22/1, Tommy Fleetwood at 28/1 and Justin Thomas at 30/1. Of those names, Burns has strong, relevant stats, while Fleetwood has finished inside the top 10 in three of his seven visits to the Arnold Palmer Invitational.

The underdogs are led by Will Zalatoris, Matt Fitzpatrick and Cameron Young, who are all quoted at 33/1 in places. Fitzpatrick was a solo runner-up to Francisco Molinari in 2019, while Young arrives on the back of a tie for fourth last week.

Next is another former champion. Australia’s Jason Day won the Arnold Palmer Invitational in 2016, and he is in good form with three top 10 finishes in five starts this year. Day is listed at 40/1, and he is followed by Harris English, Hideki Matsuyama and Min Woo Lee at 50/1. English was the joint runner-up behind Kurt Kitayama last year, while Lee arrives on the back of his best PGA Tour finish last time out.

Our Arnold Palmer Golf Preview’s Course & Betting Trends with Predictions & Picks Verdict

The Arnold Palmer Invitational is part of the Florida swing, and Bay Hill is our destination this week. The Bay Hill Club and Lodge is the regular venue for this tournament, and it offers a lengthy par 72 course, measuring at around 7,466 yards.

Distance hitting has been a factor in recent tournaments: Bryson DeChambeau ranked first for distance in 2021, as did Rory McIlroy three years earlier. Over a longer period, the key stats have been Greens in Regulation and Strokes Gained: Tee to Green.

This is a tournament that Tiger Woods dominated between 2000 and 2013, as he landed no fewer than eight wins. Behind Tiger’s record, multiple champions are rare. No other golfer has won the Arnold Palmer Invitational more than twice and Matt Every was the last to double up in 2015. Trends are there to be broken, but that is not a good sign for the former winners in this year’s field.

Now it’s time to pick the 2024 winner and a name that stands out is that of Viktor Hovland. He has a good record at this course, ranks highly in key stats and is in reasonable form coming into Thursday. Hovland for the win is the main pick and several more top 10 selections as we look for profits on the next leg of the Florida Swing. So our Arnold Palmer predictions and golf picks for this betting preview are:

  • Viktor Hovland to win at best odds of +1800 (18/1) with BetOnline.
  • Top 10 Finish Picks (all odds are with BetOnline, who are biggest on these tipped players): Viktor Hovland (+150), Justin Thomas (+275), Jason Day (+375) and Hideki Matsuyama (+450).