The next Charles Schwab Challenge is played May 27 to 30, 2027, at Colonial Country Club in Fort Worth, Texas, and no sportsbook price on it can be sourced yet. Russell Henley is the defending champion, after beating Eric Cole in a playoff on May 31, 2026.
The tournament’s own site lists the 2027 event week as May 24 to 30, with the four rounds on Thursday to Sunday. It sits between the PGA Championship and the Memorial Tournament on the PGA Tour’s 2027 schedule.
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Charles Schwab Challenge odds
No price on the 2027 tournament is quoted here. As of September 25, 2026, we have no market for it that we can source and date.
When a market opens, the implied chance of a price is 100 divided by the price plus 100, so +1800 is 5.3% and +4000 is 2.4%. A bet on the winner is worth making only when you rate the golfer’s chance higher than the price does.
How the 2026 tournament finished
| Place | Golfer | Score | Rounds | Earnings |
|---|---|---|---|---|
| 1 | Russell Henley | -12 | 66-66-69-67, won playoff | $1,782,000 |
| 2 | Eric Cole | -12 | 67-68-63-70 | $1,079,100 |
| T3 | Ben Griffin | -11 | 68-68-68-65 | $524,700 |
| T3 | Alex Smalley | -11 | 65-67-69-68 | $524,700 |
Cole’s 63 in the third round gave him the 54-hole lead by one shot, and his even-par 70 on Sunday let Henley catch him at 12 under. Griffin, the 2025 champion, closed with 65 and missed the playoff by one shot. The purse was $9.9 million.
Charles Schwab Challenge winners
| Year | Winner | Score | Margin |
|---|---|---|---|
| 2026 | Russell Henley | -12 | Playoff, over Eric Cole |
| 2025 | Ben Griffin | -12 | 1 shot |
| 2024 | Davis Riley | -14 | 5 shots |
| 2023 | Emiliano Grillo | -8 | Playoff, over Adam Schenk |
| 2022 | Sam Burns | -9 | Playoff, over Scottie Scheffler |
Three of the last five went to a playoff, and no winner in that span finished better than 14 under on the par-70 course. Scheffler has been close without winning: runner-up in 2022, tied third in 2023 and tied second in 2024.
The purse has grown every year in this span, from $8.4 million in 2022 to $9.9 million in 2026.
Where to go next
This week’s golf is on our golf picks this week page and the season’s winners on our golf tournament results. The betting basics are in our golf betting guide, and tickets and the tournament week schedule are on the Charles Schwab Challenge site. For paid golf picks, compare the best handicappers and our sportsbook reviews.