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The Masters Betting Guide

2024 Masters

The biggest week in professional golf has arrived, and the storylines could not be better. Masters Week always had a different feel to it, and there is no better way to make the time go faster than by placing bets for the tournament. After nailing the outright winner last year with Jon Rahm, we are back with more bets across a wide variety of markets.

Outright Winners and Top-5 Bets

Xander Schauffele To Win (+1400): Last year, Jon Rahm put on the historic green jacket for the first time in his career, and Schauffele has an excellent chance to do the same this year. In six tournament appearances, Schauffele has finished inside the Top-10 in three and Top-5 in two. Not only has the American found success in Augusta in the past, but he already has six T10 finishes in 2024 and is currently second in the PGA in total strokes gained and strokes gained tee-to-green.

Cameron Smith To Win (+5000): Since switching to LIV, Cameron Smith has not played as well as we are used to seeing. While I prefer that guys have a bit of momentum heading into the event, this price is far too good to pass up on for a guy who has four T10 finishes and three T5 finishes at Augusta. Smith always seems to be in the mix during Masters week, so maybe a few rounds on a course he is comfortable with can get him back on track.

Ludvig Aberg Top-5 (+600): I am not interested in betting on guys who have never competed in the Masters to win it all, but I will pull the trigger when it comes to betting on Aberg to have success. Since the Farmers Insurance Open, the Swedish phenom has not finished outside the T25 in six straight events, and it does not seem like pressure bothers him too much. With Aberg also ranked 15th in strokes gained off the tee, he can find himself near the top of the leaderboard.

Brooks Koepka Top-5 (+400): Within five minutes of watching last year’s Masters, I immediately regretted not betting on Brooks Koepka, so I will not make that mistake again. Since 2019, Koepka has finished T2 twice, which is unsurprising given how well he plays in big events. Much like Smith, Koepka has not looked good on the LIV Tour, but with his driving ability I think he can find a groove on a familiar course.

Top 10 and Top 20’s

Tony Finau Top-10 (+320): If anyone hears of a support group for people who are just addicted to betting on Tony Finau, can you please contact me? After betting that he would finish in the Top-5 last year, I’ll be moving back one market with Finau, who has finished T-10 at Augusta twice in his career and ten times in Majors. In his most recent event, the 34-year-old finished T2 at the Houston Open, and with that showing, he is now 28th in total strokes gained, and 7th in strokes gained approaching the green.

Will Zalatoris Top-10 (+320): Players competing in the Masters for the first time are not supposed to have a ton of success, but Will Zalatoris missed that message by finishing second in his first year in the event. Zalatoris followed that up with a T6 in 2022 before missing last year with an injury. The Wake Forest alum had been playing exceptionally before struggling at The Player’s, and while his putting concerns me, his strokes-gained: approach to green numbers are in the upper echelon of the PGA.

Wyndham Clark Top-20 (+120): Of the newcomers to the event, Clark has received a lot of attention leading into this event, and rightfully so. Clark has already won an event this season and has finished second in two others. As I mentioned, betting on newcomers is not something I want to do, but with Clark ranked inside the Top 15 in both strokes gained: tee-to-green, and strokes gained: off-the-tee, I think can be successful in his first Masters.

Added Plays and Misc Bets

Shane Lowry Round One (-120) vs. Tyrell Hatton: If there is any golfer who will likely receive a last-minute bet from me, it’s Lowry. The Irishman has finished T25 or better in four consecutive Masters, and his accuracy is appealing, especially in a matchup against Hatton, who has only finished better than T34 once in six Masters. While he may not be aggressive, Lowry makes smart golf shots consistently, which landed him a 68 in the first round of last year’s tournament.

Matthew Fitzpatrick Top-20 (+115): Fitzpatrick has had an up-and-down experience this season and in his career at the Masters. After missing the cut at the Arnold Palmer, Fitzpatrick has finished T10 or better in the last two events he has played leading up to the Masters where he finished T10 last year. While he may currently be 80th in strokes gained: off-the-tee, he has looked for more comfortable as of late, so if you mix that with the fact that he is 27th in SG: putting, I think he can make noise as the week goes on.

2023 Masters

The 2023 Masters has finally arrived, and we’ve got a few plays scattered across the board to consider for this week's tournament. Plenty of betting markets are available, so we’ll look at a few different areas, like finishing position and the outright winner, before going over some of our favorite prop plays for the event as well.

Outright Winners and Top-5 Bets

Jon Rahm To Win (+900): The Spaniard was on a tear at the start of the season, and despite recent struggles and never winning the Masters before, this feels like it could be his year. In six appearances at the tournament, Rahm has four Top-10 finishes and two Top-5 finishes, and he has never finished worse than T27th. He ranks third in strokes gained tee-to-green, and I could see him putting on the green jacket for the first time this year.

Will Zalatoris To Win (+4500): In the past two tournaments, Zalatoris has proven that he loves to play at Augusta National, and now with him taking on the event for the third time, I’m willing to take a shot on him. He’s finished in 2nd in his first year and tied for 6th last year and comes into this week ranked 14th in shots gained off the tee, 30th in total driving, and 8th in birdie average.

Tony Finau Top-5 Finish (+400): I find myself consistently targeting Finau in major events, and that trend continues this year. In four appearances in the tournament, Finau has finished in the Top-10 three times, including a Top-5 finish in 2019. He already has three T10 finishes this season and is currently 4th in total shots gained, and 3rd in shots gained approach to the green.

Sung-Jae Im Top-5 Finish (+700): With four Top-10 finished already this season, I like the momentum he currently has. In 2020 he became the first Asian player to finish as the runner-up at the Masters, and after missing the cut in 2021, he bounced back and finished T8 last year. He is 12th in total shots gained and 13th in shots gained tee-to-green, and I think he can make a run this year on a course he likes to play.

Top 10 to Top 20 Bets

Tommy Fleetwood Top 20 Finish (+165): I’ve always thought Fleetwood’s game would be conducive with the course, but he has never cracked a Top-10 in six appearances. He has finished in the Top 20 three times, including last season, which was his best finish at T14. He’s 11th in total strokes gained and 2nd in strokes gained around the green this season, so I think he could finish close to where he did last year.

Max Homa Top-10 Finish (+260): Homa looks to be so close to putting his name amongst the best of the best in the sport, but this is one place he’s struggled. His best finish at Augusta National is T48, but I think this is the year he makes a push and shows where he truly belongs. He already has six Top-10 finishes this season and 3rd in strokes gained, and 10th in strokes gained in putting.

Si Woo Kim Top-20 Finish (+240): Kim already picked up a win this season and has three Top-25 finishes at Augusta in six starts. In 2021, he finished T12th, and I like this number for a guy that ranks 21st in driving accuracy and 26th in total strokes gained this season.

Misc. Bets

Sahith Theegala Top Debutant (+550): It’s been entertaining to watch Theegala this season as his consistency has really stood out. The 25-year-old already has five Top-10 finishes this season and has made the cut in six straight events. He has the second-best odds in this market, and I think he has the putting skills to outperform the other debutants.

Phil Mickelson To Miss the Cut (-110): He may have won this event three times, but with all the distractions surrounding him and the way he’s been playing on the LIV tour recently, I think it may be a short week for Mickelson. His best finish at a LIV event this season was 27th, and even with the familiarity of the course, I don’t see him being able to magically fix his recent struggles.


Even if people are not golf fans or followers, “The Masters” Tournament is likely still something they are familiar with. Since 1934, The Masters has been a part of the golf world and has become arguably the most watched and followed professional golf tournament. Played at the historic Augusta National Golf Couse in Georgia, the PGA event has seen some of the best moments in golf history and some of the most decorated golfers ever to play put on the historic green jacket given to winners. Aside from the jacket, winners also receive $15,000,000, and the winner gets his name engraved in the silver Masters trophy.

Some of the event's previous winners include Arnold Palmer, Jack Nicklaus, Gary Player, Tiger Woods, Phil Mickelson, Bubba Watson, and most recently, Scottie Scheffler. Each year always features a stacked field, including the U.S. Amateur champion since the creator of The Masters, Bobby Jones, was an amateur champion himself.

One of the most admirable aspects of the tournament is that once a player wins the event, they have a lifetime invite to play in it. This is an excellent example of the long tradition and history that surrounds the tournament. For years golf fans have been gathering at Augusta National or their friend's house to watch the tournament and maybe enjoy a traditional Masters snack in the pimento cheese sandwich.

How to Bet on The Masters

Since sports betting has been around, but especially since it was legalized, the Masters has become an incredibly popular event to wager on. Bettors have an extensive range of betting markets to wager on for the event, and each year it feels like sportsbooks add more. The most traditional wagers on the event come in the form of finishing position. Bettors can wager on a golfer to be the winner all way to just making the cut.

The outright market gives bettors the best and highest odds; while the odds worsen, the finish position moves up. For example, for the 2023 Masters, Patrick Cantlay is (+1400) to win the event, (+300) to finish in the top five, and (-162) to finish in the top 20. Aside from finishing position, bettors can also wager on the leader after a certain round, the winner of a group, the top finisher by nationality, head-to-head bets, and more prop bets we will touch on later.

The possibilities are truly endless when it comes to wagering on the Masters, but with everything, in betting, we advise bettors to stay within their means and do proper research on their wagers. An example of research could be finding out how well players have done at the event before or how the course could affect certain golfers' styles.

Live betting The Masters

All wagers for the Masters don’t have to be made before the event, as bettors could be live betting until the last putt is made. Like all golf events, the odds for the outright winner, group winner, and finishing position consistently update as the tournament moves forward. Bettors can then jump in on a longshot they think is playing well or any other way they would like to wager.

Aside from the finishing position odds updating, bettors can also live wager on which golfer they think will win a specific hole or if they will hit the fairway on their next drive or not. This is an excellent way for bettors who are watching the event live and noticing the confidence of a golfer either plummeting or growing to increase their profit from the event.

Masters Prop Bets

One of the other ways that bettors can profit from the Masters is through prop bets. Each sportsbook on the market may offer one specific to their shop, but for the most part, bettors can find these prop bets in whichever sportsbook they prefer. Some examples of these prop bets include whether or not a hole-in-one will be hit, what the winning margin will be, what the winner will shoot on hole 72, or if a playoff will decide the tournament.

Prop bets for the tournament can also pertain to players, so bettors may be able to find a prop bet revolving around Tiger Wood’s performance. One of the most challenging prop bets to hit is the straight forecast bet, in which the bettor has to pick the first and second-place finishers exactly. An example of one of these bets for 2023 is Jon Rahm to finish first and Rory McIlroy to place second at (+7500).

One of the special prop bets that customers can bet on in 2023 is whether LIV golfers perform better than the PGA players in the event, which is a significant topic in the golf world these days. Another unique prop that can usually be found, especially on FanDuel, is whether or not history will repeat itself in certain areas of the tournament. An example of this is “Will Dustin Johnson be in the Top 5 after round one?” that specific bet is currently set at (+500).

Finding the Best Sportsbooks to bet on The Masters

If someone is new to the sports betting world but would like to bet on the upcoming Master's tournament, then we would advise looking for the best new customer offer from licensed sportsbooks in the users operating state. New bettors will be able to find promotions like betting $5 and getting $200 in free bets from DraftKings, which was active at the time in which this was published. A reward like that could help a bettor build a bankroll and have Masters wagers spread all across the board.

Since the Masters is such a big event, many of the top sportsbooks will also offer special promotions that players can bet on so they can receive boosted odds or other rewards. In 2023, BetMGM sportsbook is offering a promo that allows customers to receive a $10 bonus bet when they bet $20 on the Masters.

🔥 Hottest sportsbooks:

Arvostelu 5/5
Arvostelu 5/5
Arvostelu 5/5

Some commonly asked questions (FAQ):

How can I bet online?

The Masters can be bet on just like any other professional golf event. Due to the tournaments popularity most sportsbooks even make a separate tab just for the event.

What kind of bets can I place on mobile betting apps?

All golf betting markets that are typically available to wager on are available with the Masters. Additionally sportsbooks tend to offer a nice range of custom betting markets for the tournament.

How does in-game betting work?

In game betting for the Masters works just like it would for any other professional golf event.

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