The Charles Schwab Challenge is back in Fort Worth this week, and Justin Thomas is one of five players being highlighted in the betting markets for Colonial Country Club. Thomas was listed at +2500 to win outright at DraftKings and +265 for a top-10 with ties at Kalshi.
The PGA Tour stop arrives in Texas for the 80th renewal of the event, a tournament long billed as the tour’s oldest and one of its most recognizable. This year’s field, though, does not have the depth that usually comes with that kind of reputation. J.J. Spaun, who won the 2025 U.S. Open, is the only top-10 player in the Official World Golf Rankings in the field, which is why the Charles Schwab leaderboard is drawing so much attention from bettors looking for value rather than star power.
Thomas is not coming in as a blank name on a betting sheet. He won the 2025 RBC Heritage at Harbour Town, captured the 2022 PGA Championship at Southern Hills and won THE PLAYERS Championship in 2021 at TPC Sawgrass. He also has four top-10 finishes at the Valspar Championship in Innisbrook, a T6 at Pebble Beach two years ago, a T2 at the 2024 ZOZO Championship at Accordia Narashino and a run of recent results that includes a T23 in the Cadillac Championship, a 13th at the Truist Championship and a T4 at the PGA Championship in his last three starts.
The other names on the list are Alex Smalley at +3500 to win and +152 for a top-20 with ties, Gary Woodland at +5700 to win and +252 for a top-20 with ties, Max Greyserman at +6100 at DraftKings and Austin Eckroat at +11527 at Kalshi. Those numbers point to a field where oddsmakers see multiple ways to get paid, even if the event itself still carries the prestige of a longstanding major stop without the usual strength beneath it.
What comes next is simple: the 2026 Charles Schwab Challenge will play out at Colonial, and the market will tell quickly whether Thomas or anyone else in this group can turn a short week of betting interest into a run at the plaid jacket.
