Scottie Scheffler is the outright favorite to win the 2024 Charles Schwab Challenge. The World No. 1 golfer arrives at Colonial Country Club in Texas on the back of four wins from six starts. The Masters champion looks in good form to take the big prize this weekend.According to SportsLine, Scheffler comes into the Charles Schwab Challenge with 3-1 odds. The 27-year-old has a runaway lead on the odds list as Viktor Hovland decided to pull out of the competition. Collin Morikawa sits second on the list with 14-1 odds, while Jordan Spieth sits third with 18-1 odds.Scottie Scheffler arrives in Fort Worth this weekend on the back of an eventful PGA Championship outing.For the unversed, the ace golfer, who became a dad earlier this month, was involved in a traffic ‘misunderstanding’ which led to him being detained by the police for a while. He was arrested and released just hours ahead of Round 2 of the Major.Interestingly, Scheffler still managed to finish T8 in the competition. Coming into this weekend, there were doubts regarding the two-time Masters champion’s availability. However, the golfer confirmed his spot and is set to tee off on Thursday at 1:45 pm ET. He will play alongside Billy Horschel and Keegan Bradley.It is pertinent to note that Scottie Scheffler has won four events in the last three months. The New Jersey registered victories at the Arnold Palmer Invitational, the Players Championship, the Masters and the RBC Heritage. Notably, the golfer was denied a five-in-a-row win streak due to a T2 finish at the Houston Open.2024 Charles Schwab Challenge oddsThe 2024 Charles Schwab Challenge at Colonial features a stacked 132-player field. Max Homa (22-1), Tony Finau (33-1), Sungjae Im (35-1), Si Woo Kim (35-1) and Min Woo Lee (35-1) are some other names Scottie Scheffler will have to watch this weekend.It is pertinent to note that the event will not feature some big names like Rory McIlroy and last week’s PGA Championship winner Xander Schauffele.Listed below are the top odds for the 2024 Charles Schwab Challenge (As per SportsLine):Scottie Scheffler +300Collin Morikawa +1400Jordan Spieth +1800Max Homa +2200Tony Finau +3300Sungjae Im +3500Si Woo Kim +3500Min Woo Lee +3500Adam Scott +4000Sepp Straka +4500Brian Harman +4500Keith Mitchell +4500Denny McCarthy +5000Christiaan Bezuidenhout +5000Tom Hoge +5000Chris Kirk +5500Harris English +5500Tom Kim +5500Justin Rose +5500Billy Horschel +6000Aaron Rai +6500Thomas Detry +6500Akshay Bhatia +6500Maverick McNealy +6500Taylor Moore +7000Daniel Berger +7000Keegan Bradley +7000Davis Thompson +7500J.T. Poston +7500Lucas Glover +8000Austin Eckroat +8000Rickie Fowler +8000Nicolai Højgaard +8000Ben Griffin +8000Beau Hossler +8000Adam Schenk +8000Ryan Fox +9000Kevin Yu +9000Cam Davis +9000Patrick Rodgers +9000More details on the 2024 Charles Schwab Challenge will be updated as the event progresses.