The Arnold Palmer Invitational is one of the standout tournaments on the regular PGA Tour season and, as such, it attracts some of the world's best players to Bay Hill every year.
First established as a successor to the Florida Citrus Open Invitational in 1979, the tournament has been played under a number of different names over the years, including the Bay Hill Classic and Bay Hill Invitational.
However, since 2007 it has been known as the Arnold Palmer Invitational, named after the legendary American player who won 62 events on the PGA Tour, including seven major titles, while he also enjoyed success at the predecessor to this tournament in 1971.
Since 2014, the winner of the event has been granted a three-year exemption on the PGA Tour, one more year than is handed to winners of most regular-season events, which also puts it on a par with tournaments such as the World Golf Championships and The Tour Championship.
The Arnold Palmer has also been part of the Open Qualifying Series since 2019, which guarantees up to three non-exempt players entry into the same year's Open Championship - all of which makes this one of the most important events on Tour.
|What||Arnold Palmer Invitational|
|Where||Bay Hill Club and Lodge, Florida|
|When||Thursday 2nd March - Sunday 5th March 2023|
|How to watch||Sky Sports Main Event & Golf|
The Arnold Palmer Invitational is traditionally held in early March each year, around a month or so before the opening major of the year - the Masters at Augusta.
The 2023 edition of the tournament will be staged from Thursday 2nd March to Sunday 5th March.
Since the tournament was established in 1979 it has been held at Bay Hill Club and Lodge, Florida - one of the most iconic golf courses used on the PGA Tour.
Originally designed by Dick Wilson in 1961, Bay Hill is a Par 72 course and, in total, is 7,381 yards in length, while it has been owned by the Arnold Palmer family since 1974.
The Arnold Palmer Invitational was first held, in its current form, in 1979, replacing the Florida Citrus Open Invitational that was originally established in 1961 and held at Rio Pinar Country Club near Orlando.
Since moving to Bay Hill, the tournament has been held every year and the 2023 edition will be the 45th staging of the event.
As he shares the record for most PGA Tour victories, it is no surprise that Tiger Woods is the most successful player at the Arnold Palmer Invitational, with eight of his 82 victories on Tour coming at this event.
Woods' victories at Bay Hill came over a dominant period between 2000 and 2013, a run that included four successive wins from 2000-2003, the latter of which also saw him claim an 11-shot victory - the biggest winning margin in the history of the event.
No other player has won the Arnold Palmer more than twice, with Tom Kite, Ernie Els and Matt Every among the players to have claimed two victories - the latter being the most recent to do so when he sealed back-to-back successes in 2014 and 2015, which are to date his only two wins on the PGA Tour.
Unfortunately Woods will not be competing at the 2023 Arnold Palmer, as he continues to work his way back to fitness following the serious car crash he suffered in 2021, but the 15-time Major winner could feature at the upcoming Masters where he is 50/1 to win a sixth Green Jacket.
The Arnold Palmer Invitational always attracts some of the world's best players and the 2023 tournament is no different, with 19 of the top 20 players in the world rankings set to compete.
That includes world number one Jon Rahm, who is fresh from winning the Genesis Invitational and who will be looking to build further momentum at Bay Hill ahead of the Masters - an event where he is available at 13/2 in the To Win Outright market.
Other big names set to tee up in Florida include Rory McIlroy, Justin Thomas and defending champion Scottie Scheffler, who may just be the man to beat after his one-stroke success at last year's event.
Scheffler can be backed in the 2023 Specials market at 16/1 to win the Arnold Palmer, while he also followed up his victory at Bay Hill last year by claiming a first Major title at the Masters. He is 10/1 to land another Green Jacket at Augusta this year.