Three of the world’s top-10 golfers are back in action immediately after the PGA Championship as the tour moves to Colonial Country Club in Fort Worth, Texas, for the Charles Schwab Challenge.

Charles Schwab Challenge odds
Jordan Spieth heads to Colonial Country Club as the favorite to win the Charles Schwab Challenge. (Image: Stacy Revere/Getty)

Jordan Spieth enters the weekend as the +1000 favorite to win the Charles Schwab Challenge, according to FanDuel Sportsbook.

Spieth historically successful in Charles Schwab Challenge

Spieth has historically enjoyed great success at Colonial. He won there in 2016, and took second place in both 2015 and 2017. He’s never missed a cut in eight appearances at Colonial, and says the tight course suits his game well.

“I love Colonial,” Spieth told reporters. “You’ve got to hit a lot of different golf shots. I get a lot of support in the Dallas-Fort Worth area. I look very much forward to this week. It’s one on the calendar that has been very special for me.”

Spieth said that he’s putted well at Colonial, an extension of what he sees as a high point of his game.

“Probably my greatest strength in the game of golf is green reading and speed control,” Spieth said during his press conference. “A lot of times it’s just kind of picking that right line and then starting the ball, feeling confident through the stroke.”

Spieth comes in as a slight favorite over Collin Morikawa (+1200), who barely missed out on winning the Charles Schwab Challenge last year. Morikawa missed a birdie putt on 18, then missed a three-foot par putt in a playoff to lose out to Daniel Berger (+1900) in 2020.

Justin Thomas (+1300), Abraham Ancer (+1900), and Patrick Reed (+1900) also rank among the top contenders heading into Colonial. But all eyes will be on Phil Mickelson, who returns to action days after becoming the oldest man ever to win a major championship.

Mickelson reflects on winning PGA Championship

The PGA Championship winner sits at +4300 odds to win his second straight tournament. According to Mickelson, the magnitude of his achievement only sunk in after a few days.

“To hold it together and play some really good golf over 72 holes last week meant a lot,” Mickelson told reporters. “Because I had seen the progress, but I had not seen the results, and so that’s why I say, I had a belief but until you actually do it, it’s tough to really fully believe it.”

Charles Schwab Challenge Odds (via FanDuel Sportsbook)
Jordan Spieth: +1000
Collin Morikawa: +1200 Justin Thomas: +1300
Abraham Ancer: +1900 Daniel Berger: +1900
Patrick Reed: +1900 Corey Conners: +2300
Joaquin Niemann: +2300 Scottie Scheffler: +2300
Tony Finau: +2300 Will Zalatoris: +2300

After that victory, Mickelson acknowledged that, at 50 years old, it might be his last PGA Tour win. But he has to like his chances at Colonial, where he won in both 2000 and 2008.

“I’m excited to play here because I’ve been playing well,” Mickelson said. “I want to try to carry that momentum into a tournament that I’ve enjoyed many times and [had the] fortune to win a couple of times on a great golf course.”