The 2024 Travelers Championship is set to tee off on Thursday, June 20 at TPC River Highlands in Cromwell, Connecticut. The eighth and final Signature Event on the PGA Tour calendar will see 72 players compete for the whopping $20,000,000 prize purse.Despite a stacked field, World No.1 Scottie Scheffler is the outright favorite to win this weekend. Scheffler comes into the 2024 Travelers Championship field with 4-1 odds, according to SportsLine. Notably, the 27-year-old golfer tops the list despite having 43 of the top 50 names on the Official World Golf Rankings among the top contenders.The reigning Masters champion is followed by PGA Championship winner Xander Schauffele on the list with 15-2 odds. Ludvig Aberg and Collin Morikawa share the third position with 16-1 odds each. Viktor Hovland (22-1), Patrick Cantlay (25-1) and Hideki Matsuyama (28-1) are some other names to watch this weekend.For the unversed, Scottie Scheffler has had a strong season so far. Having started off the 2024 season with a T5 finish at The Sentry in January, the ace golfer has since won five events and finished runner-up in two. Scheffler’s wins at AT&T Pebble Beach Pro-Am, The Players, Masters and the RBC Heritage have made him a default strong pick for the event in Cromwell.However, the golfer couldn’t replicate the stellar form last weekend at the US Open. The two-time major winner failed to produce a good round and finished T41 at Pinehurst. Owing to the underwhelming result, Scheffler will be looking for a strong comeback this week.Scottie Scheffler will tee off day 1 of the 2024 Travelers Championship at 10:30 am EDT alongside Max Homa. He will follow the group of Hideki Matsuyama and the event’s defending champion Keegan Bradley.2024 Travelers Championship oddsListed below are the top odds for the Travelers Championship at TPC River Highlands (As per SportsLine):Scottie Scheffler 4-1Xander Schauffele 15-2Ludvig Aberg 16-1Collin Morikawa 16-1Viktor Hovland 22-1Patrick Cantlay 25-1Hideki Matsuyama 28-1Sam Burns 35-1Tony Finau 35-1Sahith Theegala 35-1Justin Thomas 35-1Brian Harman 40-1Russell Henley 40-1Tommy Fleetwood 40-1Jordan Spieth 50-1Matt Fitzpatrick 50-1Wyndham Clark 50-1Corey Conners 50-1Sungjae Im 50-1Max Homa 50-1Keegan Bradley 55-1Byeong Hun An 55-1Tom Kim 55-1Sepp Straka 60-1Cameron Young 70-1Adam Scott 70-1Jason Day 75-1Si Woo Kim 75-1Harris English 80-1Shane Lowry 80-1Christiaan Bezuidenhout 80-1Will Zalatoris 80-1Billy Horschel 80-1Denny McCarthy 90-1Akshay Bhatia 100-1Tom Hoge 100-1J.T. Poston 100-1Stephan Jaeger 110-1Mackenzie Hughes 120-1Thomas Detry 120-1Robert MacIntyre 120-1Taylor Pendrith 120-1Matthieu Pavon 150-1Lucas Glover 150-1Justin Rose 150-1Ben Griffin 150-1Chris Kirk 150-1Austin Eckroat 150-1More details on the PGA Tour's 2024 Travelers Championship will be updated as the event progresses.