The 2022-23 PGA TOUR season returns to American shores this week with its annual installment of the Houston Open, which is sponsored by Cadence Bank for the very first time. With a respected financial institution backing this week’s event, there’s bound to be a huge pot of gold at the end of the rainbow.

Nitrobetting is here to give the best tips from the betting greens and fairways. This time, let’s take a breather from the thrilling golf betting action to find out the total prize money at stake in the 2022 Cadence Bank Houston Open set to tee off this week.

2022 Cadence Bank Houston Open Info

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— PGA TOUR (@PGATOUR) November 8, 2022

• When: Thursday, November 10 – Sunday, November 13
• Where: Memorial Park Golf Course, Houston, TX
• TV: Golf Channel
• Live Stream: GolfChannel.com
• Purse: $8,400,000

The 2022 Cadence Bank Houston Open has been a mainstay on the PGA TOUR calendar since 1946 and has had countless sponsorship deals throughout its history. The tournament was moved to the fall season or the earlier part of the PGA TOUR campaign in 2019. It has since been one of the more sought-after tournaments by golfers before the holiday break.

A huge prize pool worth $8.4 million is at stake in Houston this week. That’s a slight uptick of $200,000 from last week’s tournament in Mexico and is also a $900,000 prize purse increase from last year’s run of the Houston Open.

Here’s how the $8.4 million prize money for each of the top 10 finishers of the 2022 Cadence Bank Houston Open will be distributed:

• 1st Place: $1,512,000
• 2nd Place: $907,200
• 3rd Place: $571,200
• 4th Place: $403,200
• 5th Place: $336,000
• 6th Place: $302,400
• 7th Place: $281,400
• 8th Place: $260,400
• 9th Place: $243,600
• 10th Place: $226,800

Where to Bet on the Golf with Crypto

Golf odds are available all year long here at Nitrobetting. Create a Nitrobetting account now to place your stakes on any of the elite golfers teeing off this weekend.

This is just one of the many sports betting guides that you can read here at Nitrobetting news. Stay tuned for more PGA TOUR tournament previews and articles, and don’t forget to check out the latest golf betting odds on our crypto sportsbook.