The PGA TOUR’s West Coast Swing is far from over, and this week’s tournament is a colossal affair in terms of the total payout at stake. This year’s installment of the WM Phoenix Open is the grandest it has been, and we’re here to break down just how much is on the line for this week’s stacked field of golfers looking to win big at TPC Scottsdale.

Nitrobetting is here to help turn your golf bets from bogeys to birdies. This time, let’s take a breather from the thrilling golf betting action to find out the total prize money at stake in the 2023 Genesis Invitational set to tee off this week.

2023 Genesis Invitational Event Info

Looking forward to a great week at Riv pic.twitter.com/MjDHhYDjUH

— The Genesis Invitational (@thegenesisinv) February 12, 2023

• When: Thursday, Feb. 16 – Sunday, Feb. 19
• Where: Riviera Country Club, Pacific Palisades, CA
• TV: Golf Channel
• Live Stream: GolfChannel.com
• Purse: $20,000,000

History of the Genesis Invitational

The Genesis Invitational is one of the oldest tournaments on the PGA TOUR, with its origins dating back to 1926 when it was still referred to as the Los Angeles Open. The Riviera Country Club has been the setting of the tournament a total of 59 times out of the 95 previous installments.

As the Los Angeles Open evolved, it attracted a growing list of elite champions, contributing to its prestige. Ben Hogan, one of the greatest golfers of all time, won the tournament three times (1942, 1947, and 1948), earning the course its nickname. Other legendary winners include Sam Snead, Arnold Palmer, and Tom Watson, who all left their mark on the event.

The course’s demanding nature has tested the mettle of the world’s best golfers, and winning at Riviera is considered a significant achievement in any player’s career. Over the years, Riviera has hosted numerous major tournaments, including the U.S. Open and the PGA Championship, further solidifying its reputation as one of the premier golf courses in the world.

The Genesis Invitational also became closely associated with Tiger Woods, who serves as the tournament host through his foundation, the TGR Foundation. Woods’ involvement has further enhanced the tournament’s profile, attracting even more top players and increasing its significance on the PGA Tour calendar.

It’s more than just a golf tournament; it is a celebration of the sport’s rich history and a showcase of its brightest stars. With its roots dating back to the 1920s, the event has grown into one of the most respected and prestigious tournaments in the world of golf. As it continues to evolve, the Genesis Invitational remains a must-watch event, offering thrilling competition at one of the game’s most iconic venues. Whether you’re a golf enthusiast or a casual fan, the Genesis Invitational is a tournament that embodies the best of the sport, blending tradition, excellence, and a commitment to making a positive impact.

2023 Genesis Invitational Prize Breakdown

Similar to last week’s event in Scottsdale, the WM Phoenix Open, a massive prize purse worth $20 million is at stake this week in Pacific Palisades. This is a staggering increase from the $12 million total payout from last year’s running of The Genesis Invitational. This week’s tourney is another one of the PGA TOUR’s responses to the new competition in the professional golfing world with last year’s debut of the LIV Tour.

Here’s how the $20 million prize money for each of the top 10 finishers of the 2023 Genesis Invitational will be distributed:

• 1st Place: $3,600,000
• 2nd Place: $2,160,000
• 3rd Place: $1,360,000
• 4th Place: $960,000
• 5th Place: $800,000
• 6th Place: $720,000
• 7th Place: $670,000
• 8th Place: $620,000
• 9th Place: $580,000
• 10th Place: $540,000

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.