The Masters Betting News
Masters Odds and Betting
The Masters Tournament is one of the four major championships in Men's Professional Golf and is played every year. Those who win the Masters receive a lifetime exemption to come back and play the event, as well as get access to Augusta National as an honorary member. Aside from the lifelong tee time at one of the most prestigious and exclusive golf clubs in the world, first-place receives over $2.7 million in prize money and gets automatic qualification into the other three majors (U.S. Open, PGA Championship, The Open Championship), as well as THE PLAYERS Championship for the next five years. Winners also receive the Green Jacket, which is arguably the most prestigious prize in professional sports.
The Masters Tournament has been held every year since 1934, where Horton Smith was the inaugural winner. Jack Nicklaus has the most career victories (six) at Augusta National, followed by Tiger Woods (five) and Arnold Palmer (four). Dustin Johnson holds the record for lowest score to par for a Masters winner, posting a score of 20-under-par in 2020, while Tiger Woods holds the record for largest margin of victory at a single Masters, defeating Tom Kite by a whopping 12 strokes in 1997.
Some of the most memorable moments in golf history have taken place at Augusta National, including Jack Nicklaus winning at 46 years old in 1986, and of course the aforementioned Tiger Woods’ triumphant victory in 2019 to capture his 15th major championship. These are a few of the many reasons it's one of the most popular golf betting events in the world to bet on annually.
You might be wondering how the Masters Odds work? A lot of factors go into how the odds are calculated, but the simplest explanation is how well the golfers are currently playing and/or how they have played at The Masters in past years. When considering golfers to bet on, look to those who have course experience at Augusta National, especially those who excel on bentgrass greens.
When and where does the Masters Tournament take place?
The Masters Tournament takes place every year between April 5th and April 11th and is held at iconic Augusta National Golf Club in Augusta, Georgia. The Masters is the only one out of the major championships that does not rotate courses.
Who are the favorites to win The Masters Tournament?
The top 10 golfers in Masters odds on DraftKings Sportsbook are Jon Rahm, Scottie Scheffler, Rory McIlroy, Cameron Smith, Justin Thomas, Jordan Spieth, Collin Morikawa, Xander Schauffele, Patrick Cantlay and Will Zalatoris.
What are some Masters Tournament betting trends?
- The most notable Masters betting trend is that no debutant (first time participant) has won at Augusta National since Fuzzy Zoeller did so in 1979.
- 11 of the past 12 Masters winners have been under the age of 40, with Tiger Woods in 2019 being the only exception.
- Each of the past 13 Masters winners have ranked inside the top 30 of the Official World Golf Rankings in the year of their win.
- In 2022, Scottie Scheffler became just the fifth golfer to win The Masters after entering play ranked No. 1 in the world, and joined Ian Woosnam (1991) as just the second to win the event in their debut at No. 1 in the world.
When are you able to place bets on The Masters?
The Masters odds are available all year, and you can place futures bets up until tee-off in early April, and then continue to place live bets throughout the tournament. The Masters boasts the smallest field out of all of the four majors, meaning winning Masters picks are usually from the best golfers in the world. The average odds to win the Masters from the previous six champions is just under +3000.