Masters Betting

Masters Logo

The annual Masters Tournament is one of the best traditions in American sports, and betting on the Masters is one of the biggest events of the year. The Masters routinely brings in the best golfers in the world who convene on Augusta, Georgia to play one of the most legendary courses in the sport. The Masters is one of four annual major championships on the PGA Tour, one of three held on US soil, and is typically the first of the four to be played each year. The tournament usually is held on the first full week of April, and will be held at that time in 2021, starting on April 5th.

Bettors interested in the Masters can find odds throughout the year on all of the major online sportsbooks as well as any state-sponsored betting venues or platforms. The Masters is one of, if not the most prestigious event in the sport, so it consistently brings in the biggest stars of golf. This year is no different, as golfers like Tiger Woods, Justin Thomas, Dustin Johnson, Rory McIlroy, Jon Rahm, Phil Mickelson, and Bryson DeChambeau all take to the course in an effort to claim that elusive green jacket.

Bettors can find odds on the Masters Tournament for all of those golfers and dozens more as there will be tons of drama unfolding across the weekend as players young and old jockey for position on the leaderboard. Bettors can find odds for individual golfer matchups as well as prop bets for things like nationality, driver distance, first-round score, and much more. The best part about betting the Masters is the sheer volume of bets available throughout the weekend. There is a betting line for every type of gambler this weekend at the Masters so be sure to get your bets in before it is too late.

Is It Legal To Bet On The Masters?

Betting on the Masters is legal as long as you are using an approved betting platform. In the USA, this means you are either using a state-sponsored sportsbook or a trusted online sportsbook like the ones featured on our site. State-sponsored sportsbooks can be found either physically or online in (* states that have approved sports betting legislation. *) These venues will have tons of odds on the Masters and will be perfectly happy to accept all of your golf bets. For those outside of states with sponsored betting, online sportsbooks like Bovada or BetOnline are a perfectly legal alternative. These websites will also have full Masters betting options and will allow you the freedom to bet with cryptocurrency or other funds. When it comes to betting on the 2020 Masters, there are more options than ever before.

Best Masters Betting Sites And Apps

There are tons of different options for wagering on the Masters, from online sportsbooks to state-sponsored locations. While heading down to your closest sportsbook is always an option, the best place to bet on the Masters are sites like Bovada and BetOnline that provide the best odds for the tournament throughout the year.

Bovada Sportsbook  - Golf Bettor’s Choice For Masters Odds

Bovada Sports Betting

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When it comes to betting sports online at a safe and legal platform then there is no one most prevalent than Bovada. Bovada has established itself as one of the premier online sportsbooks through years and years of stellar reliability and customer support. So many people recommended Bovada simply because it really is that good. Those looking to bet on the Masters can find hundreds of odds on the tournament throughout the year. Bovada also has live betting available during the tournament, so you can always get some action on that hot golfer shooting up the leaderboard.

BetOnline Sportsbook  - The Most Golf Betting Options Online

BetOnline Sports Betting

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For those that love to fill up their bet slip, BetOnline offers an insane amount of odds and wagers on golf tournaments including the Masters. On BetOnline’s sportsbook, you will find all the Top 5, Top 10, and Top 20 finish odds for the Masters, as well as exclusive head to head matchups and 3-ball groupings. BetOnline is completely legal, and has earned our trust and recommendation over the years for their ability, offerings, and track record. BetOnline has everything a golf bettor needs to win big at the Masters.

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The 2021 Masters

Augusta National

The 2021 Masters is set to kick off closer to any other Masters event than in the past. Following the events of the coronavirus pandemic, the Masters was officially moved from its traditional date to the week of November 12 in 2020. Still, the Masters Tournament will allow a limited number of fans in attendance at the event which kicks off early in April and ends on Sunday, April 11, 2021. Dustin Johnson leads the field after his emphatic 2020 season which saw him win the 2020 FedEx Cup. He is followed by fellow long-bomber in Bryson DeChambeu - the 2020 US Open winner - and Rory McIlroy, who is still searching for his first green jacket.

Live Odds To Win 2021 Masters

  • Dustin Johnson +700
  • Rory McIlroy +1000
  • Bryson DeChambeau +1100
  • Jon Rahm +1100
  • Justin Thomas +1200
  • Brooks Koepka +1400
  • Xander Schauffele +2000
  • Patrick Cantlay +2500
  • Patrick Reed +2800
  • Collin Morikawa +3300
  • Hideki Matsuyama +3300
  • Tiger Woods +3300
  • Tony Finau +3300
  • Webb Simpson +3300
  • Bubba Watson +4000
  • Daniel Berger +4000
  • Jason Day +4000
  • Matthew Wolff +4000
  • Sung-Jae Im +4000
  • Tyrrell Hatton +4000
  • Viktor Hovland +4000

Best Longshot Bets For The 2021 Masters

Those who enjoy betting on the Master’s know that there are many golfers to choose from and that anything could happen. With that said, there are a couple of players that should be considered longshots that can offer nice payouts. Starting with Zach Johnson, Johnson has a couple of PGA Tour victories to his name. Most notably the 2015 Open Championship, but Johnson is no stranger to being a longshot as he won the 2004 BellSouth Classic with +15000 odds. Danny Willett is someone else who is no stranger to longshot odds either as he won the European Tour in 2016 with +15000 odds as well. Patrick Reed is another longshot option (+2800) to take a risk on as he has eight PGA Tour victories under his belt and is currently the number 24 golfer in the world.

Live Betting The Masters

One of the best parts of betting on the Masters is being able to wager on the winner while the event is underway. This is known as live betting and it is one of the most valuable ways to bet on the Masters. Online sportsbooks will have live Masters Tournament odds available throughout the weekend that update in accordance with the action on the course. If a player hits a ball in the water, you can watch live as their odds increase. Live betting offers the perfect opportunity to get much better odds on a top favorite who might have had a bad start or to capitalize on a longshot that is shooting up the leaderboard. Be sure to take full advantage of the live betting options presented to you throughout the entire 2021 Masters.

Live Betting Props

In addition to betting on the overall winner throughout the tournament, sportsbooks offer individual live props based on events currently occurring on the course. This can be things like “Who will shoot lowest on 13?” or matchups of who will have a better score on the day. These odds are constantly changing and appearing, so be sure to act fast when you see one you like the Masters live betting prop below:

Hole 13 Winner

  • Bryson DeChambeau +150
  • Jon Rahm +170
  • Louis Oosthuizen +200

Betting Odds For Tiger Woods - 2021 Masters

Tiger WoodsFans of the Big Cat should focus up on the lines aimed directly at Tiger fans. Woods will need another incredible weekend to repeat his 2019 performance, but with a player of his talent, anything is possible. While Woods has looked a bit off on Tour in 2020, he is still able to be as accurate as anyone in the fairway. Woods has never finished below 40th at the Masters, and would love to cash in this bet for his biggest fans.

Betting Odds For Tiger Woods - 2020 Masters

  • Top 5 Finish +700
  • Top 10 Finish +300
  • Top 20 Finish +110
  • To Make The Cut -300
  • To Miss The Cut +225
  • To Win The Masters +3300
  • To Hit A Hole In One +4000

Fans of the Big Cat should focus up on this line aimed directly at Tiger fans. Woods will need another incredible weekend to repeat his 2019 performance, but with a player of his talent, anything is possible. While Woods has looked a bit off on Tour in 2020, he is still able to be as accurate as anyone in the fairway. Woods has never finished below 40th at the Masters, and would love to cash in this bet for his biggest fans.

Best Prop Bets At The Masters

Golf prop bets are some of the most fun you can have when looking to bet on golf. This is only increased by the Masters, which easily has the most prop bets available over any other event on the golf calendar. There are thousands of prop bets available throughout the week, and sorting through them all can be an arduous process. Luckily, we collected a few of our favorites that are currently available to wager on:

The Masters – Will There Be A Playoff?

  • Yes +275
  • No -400

There are few things better than playoff golf, notably when it comes to a major tournament like the Masters. Playoffs occur when two or more players have the same score to win the tournament on the final day of play. While they aren’t common, they have already happened multiple times this year, like at the PGA Championship and the TOUR Championship. At the Masters, players will play an additional sudden-death hole at the 18th and then move to the 10th if need be. While the chances of a playoff are statistically low, it is a very valuable payout in addition to being a fun bet to root for down the stretch.

The Masters – Hole In One

  • Yes -200
  • No +150

Hitting a hole in one is one of the greatest achievements one can do on a golf course. Naturally, the bookies have made a prop bet for hitting at hole in one at the Masters Tournament. The chances of hitting a hole in one as a pro are about 1 in 3000, so the odds are certainly not in favor of the Yes here. However, hole in ones have been hit 94 times over the history of the Masters, with a record nine occurring in 2016. Jon Rahm has already hit two in practice rounds this week at Augusta, leading many to hammer the yes bet on these odds.

Lowest Round Score 2021 Masters Tournament

  • Over 64.5 EVEN
  • Under 64.5 -150

The lowest Masters Tournament round score ever recorded at Augusta National Golf Course is a 63 and the record is shared between Nick Price and Greg Norman. An advantage of betting on a prop like this is that all it takes is for one golfer to have a dominant round for this prop to hit.

Will there be a Wire to Wire winner?

  • Yes +800
  • No -1800

There have only been five wire to wire winners of the Masters Tournaments as it is extremely hard to come out and dominate especially in a major championship. The last golfer to win the Masters wire to wire was Jordan Speith in 2015. Before Speith, the last wire to wire winner was Raymond Floyd in 1976.

Winning Margin of the Masters Tournament

  • Playoff +275
  • 2 Strokes +275
  • 1 Stroke +300
  • 4 Strokes Or More+350
  • 3 Strokes +550

Choosing the winning margin of the Masters Tournament is one of the best ways to bet because this prop doesn’t pertain to who wins the Masters, it's how they win it. There have been 23 instances where the Masters has been decided by one stroke. A playoff has occurred 17 times making Augusta National Golf Course home to some of the most memorable wins and even more devastating losses. With the amount of talent in the field for the 2021 Masters expect the race to the top of the leaderboard to be close.

Nationality Prop Bets At The Masters

One of the most popular prop bets available to Masters bettors is that of which golfer from a given nationality will finish highest. This presents a great challenge while being much more manageable than attempting to pick the outright winner. For the Australians, Jason Day (+175) is the easy favorite to finish highest. Day hasn’t had the best 2021 however and could slip up to Adam Scott (+300), or even Cameron Smith (+300). Scott won the Masters previously in 2013, while Smith is still a young player on Tour.

For the Canadians, Corey Connors (+120) is the top choice thanks to a breakthrough 2020, but Adam Hadwin (+200) is always capable of a big round. The choices are slimmer for the Irish players, as Rory McIlory (-300) goes up against Shane Lowry (+350). Graeme McDowell (+1200) could be worth a flyer at his price due to his ability to shoot low without warning.

Top Australian Player

  • Jason Day +175
  • Adam Scott +200
  • Cameron Smith +300
  • Marc Leishman +600
  • Lukas Michel +3300

Top Canadian Player

  • Corey Conners +120
  • Adam Hadwin +200
  • Nick Taylor +350
  • Mike Weir +1200

Top Irish Player

  • Rory McIlroy -300
  • Shane Lowry +350
  • Graeme McDowell +1200
  • James Sugrue +5000

Players To Watch At the 2020 Masters

Bryson DeChambeau

There are few bigger sensations to take over the world of golf quite like Bryson DeChambeau did in 2020. Emerging from the quarantine hiatus with a completely new physical shape, DeChambeau became the longest player on Tour behind his new analytical approach to distance. DeChambeau added around 30 pounds to his frame and improved his distance off of the tee to be able to consistently hit drives 350+ yards. He used this strategy to overpower his way to multiple wins on Tour including his first major championship, the 2020 US Open. He’s going to be around the top of the betting tables this time around.

Bryson DeChambeau

Dustin Johnson

DJ has been playing the best golf of his career in the past year or so. Johnson hasn’t had tremendous success at the Masters in the past, but is always a threat to win at any course thanks to his length off the tee and elite putting skills. Johnson currently has +1200 odds to win the tournament.

Dustin Johnson

Jon Rahm

The fiery Spaniard enjoyed a tremendous 2020 season that saw him finish just behind Dustin Johnson for the FedEx Cup. Once maligned for his on-course outbursts, Rahm has turned a page to become a cerebral player capable of delivering in the most high-pressure situations. Always long off the tee, Rahm has elevated his short game into elite territory, notably in the putting category where he had numerous highlights in 2020. Rahm has yet to win his first major, but is a consistently elite competitor, and will absolutely be in the mix.

Jon Rahm

Brooks Koepka

Brooks Koepka returns to Augusta National in everlasting pursuit of the biggest prize in golf. Koepka was in range of Tiger Woods in 2019, but an untimely trip into the water sent his Masters dreams down the drain. Koepka is known for his prowess at major tournaments, and would love to add a Masters win to his short but powerful resume.

Brooks Koepka

Justin Thomas

Justin Thomas has been quietly ascending into golf royalty over the last few years of his young career. The former Alabama Crimson Tide golfer exploded onto the scene in 2017, where he won five PGA events including the PGA Championship and FedEx Cup championship. Since then, he has spent plenty of time as the world number one golfer and has been improving his game with every tournament. JT heads into the Masters as a top-three competitor in the tournament.

Justin Thomas

Rory McIlroy

Hailing from Northern Ireland, Rory McIlroy has been a star on the PGA Tour for a number of years now. Bursting onto the scene back in 2009, McIlroy began his career with a third-place finish at the PGA Championship. Since then, McIlroy has racked up 18 Tour wins, a US Open Championship, PGA Championship (x2), an Open Championship, and a video game series. McIlroy regularly is found at the top of betting boards despite not having won a major since 2017. A win at the Masters would be the crowning jewel of Rory’s career so far, and would do wonders to silence his doubters.

Rory McIlroy

Tiger Woods

The five-time Masters champion returns to Augusta this Fall in an attempt to repeat as the winner following his spectacular triumph in the 2019 tournament. The Big Cat isn’t quite the player he once was at the turn of the century, but still possesses the ability to put his perfect game together as we saw last year. Woods needs just a few more majors to catch Jack Nicklaus, and could do so by going winning The Masters.

Tiger Woods

Collin Morikawa

It took less than a year as a professional for Collin Morikawa to snag his first major championship, winning the 2020 PGA Championship at the age of 23. Morikawa burst onto the scene in 2020 by making 22 consecutive cuts in PGA events, a record surpassed only by Tiger Woods with 25. Morikawa would then announce his arrival in the top tier of golfers with his win at the PGA Championship at Harding Park, his college course.

Collin Morikawa

Past Masters Winners

Year: Winner: Pre-Tournament Closing Odds:
2019: Tiger Woods (5) +1400
2018: Patrick Reed +5000
2017 Sergio Garcia +3000
2016 Danny Willet +10000
2015: Jordan Spieth +700
2014: Bubba Watson (2) +2000
2013: Adam Scott +2500
2012: Bubba Watson +3900
2011: Charl Schwartzel +6600
2010: Phil Mickelson (3) +1000
2009: Angel Cabrera +7500
2008: Trevor Immelman +8000
2007: Zach Johnson +11000
2006: Phil Mickelson (2) +800
2005: Tiger Woods (4) +350
2004: Phil Mickelson +2700
2003: Mike Weir +3000
2002: Tiger Woods (3) +200
2001: Tiger Woods (2) +150
2000: Vijay Singh +1800

2021 Masters TV Coverage - How To Watch The Masters

The Masters will begin with the first round on April 5th, 2021. The Masters will be broadcast on ESPN and ESPN+ for the first rounds, and then transfer to CBS for the later and final round coverage. This means that if you have access to these networks, you will easily be able to watch The Masters.

How To Bet On The Masters Tournament

For those new to golf betting, there are a few different bet types that you should familiarize yourself with before jumping in. Betting on the Masters will generally boil down to just a few types of bets: Outright winner, player props, and matchups.

Outright Winner

Betting on this line is just betting on who you think will win the Masters. It's that simple. Just choose who you think will win and then watch the tournament unfold. Bettors will generally pick a handful of golfers from different ranges on the odds board and root for their picks throughout the weekend. Betting the outright winner can be one of the most profitable bets across all sports due to the large odds available.

Odds To Win Masters:

  • PLAYER A +800
  • PLAYER B +1100
  • PLAYER C +1200
  • PLAYER D +1200
  • PLAYER E +1200
  • PLAYER F +1400

Prop Bets

Prop bets for the Masters will generally deal with the individual performance of a single golfer. This can be a bet for a golfer to shoot above or below a certain score, hit a certain amount of birdie, or most commonly finish in the Top Five, Ten, or Twenty. These bets are great for those who have a favorite player they want to cheer for, or for a longshot that you think could snag a Top 20 finish.

Masters Top 10 Finish Odds:

  • PLAYER A -105
  • PLAYER B +275
  • PLAYER C +300
  • PLAYER D +500

Matchup Betting

Golf bookies will layout these matchup bets that place certain players against each other. You are in then in charge of deciding which golfer in the pair or group will perform the best across the Masters, or on a certain day. These bets are great for fans of the game who know how players play in specific situations or for those rooting for a player far off the leaderboard. These matchup bets can come as head to head wagers, 3-balls, or even larger groups.

Masters 3-Ball Odds:

  • PLAYER A +120
  • PLAYER B +175
  • PLAYER C +220

Masters Fantasy Tournaments

Golf daily fantasy sports has seen a tremendous rise over the last few years and that is no different when it comes to the Masters. Most if not all of the major DFS platforms like FanDuel or DraftKings will have DFS tournaments for the Masters, likely running each day of the tournament. Golf DFS tournaments can vary in format, but generally have you select a team of golfers via an auction-style budget system. You will then track those players throughout the round to try and amass the most points to win your tournament group. DFS betting for the Masters can be a great way to get action on early rounds, or even the final Sunday.

Masters FAQs

How Do You Qualify For The Masters?

Qualification for the Masters is a complicated system that takes into account many factors. First, the Masters is one of the smallest PGA events with only 90-100 entrants into the tournament on an invite-only basis. Previous winners of the Masters are granted lifetime entry into the tournament. The rest of the field is made up of the top 50 golfers currently on the World Golf Rankings, as well as top amateurs, major championship winners, and more.

Has Anyone Won Back To Back Masters Tournaments?

In the illustrious history of the Masters tournament, only three golfers have ever won the event two years in a row. Jack Nicklaus in 1966 and 1966, Nick Faldo in 1989 and 1990, and Tiger Woods in 2001 and 2002. Woods has a chance to double up on his accomplishment this year after winning in 2019.

Who Has Won The Most Masters Tournaments?

Since its first year in 1934, the player with the most wins at the Masters Tournament is Jack Nicklaus, who won it six times between 1963 and 1986. Nicklaus is followed by Tiger Woods with five wins to his name, and Arnold Palmer, who won four.

Where is the Masters Tournament played?

The annual Master’s Tournament takes place at the historic Augusta National Golf Course in Augusta, Georgia. The tournament has called Augusta home since 1934 when former golfer Bobby Jones and astute investment banker Clifford Roberts decided to build their golf course.

What is the Augusta National Golf Course record?

The 72-hole scoring record 18-under for the Masters was set by Tiger Woods in 1997 and later matched by Jordan Spieth in 2018.

Who was the youngest golfer to ever win the Masters Tournament?

The youngest winner of the Masters tournament is Tiger Woods who captured his first green jacket when he was just 21 years and 104 days old. This would be the first of Tigers five Masters championships in his career.

Who won the first ever Masters Tournament?

Horton Smith won the first Masters Tournament in 1934 as he shot 4-under par. Smith would go on to win the Masters in 1936, making him the first golfer to win the Masters multiple times.

How many hole in ones have there been at the Masters?

31 golfers have recorded an ace or hole in one in the Masters Tournament since 1934.

Which hole in the Masters has seen the most aces go in?

The 16th hole at Augusta is where the most hole in ones have occurred in the Masters as 22 aces have been scored at 16. Furthermore, a hole in one has happened on the 16th hole in every Masters Tournament since 2016.

How many golfers have won the Masters Tournament three times or more?

There are eight golfers who have won the Masters tournament more than three times; the last to join this prestigious group was Phil Mickelson in 2010.

What is the biggest margin of victory in the Masters Tournament?

Tiger Woods won the 1997 Masters with the biggest margin as he was 12 strokes ahead of the second-place finisher.

What is the highest score to ever win the Masters Tournament?

The highest winning score of the Masters Tournament is +1. Three golfers have won the Masters with this score. They are Sam Snead (1954), Jack Burke Jr. (1956), and Zach Johnson (2007).

Has a Canadian ever won the Masters Tournament?

In the prolific history of the Masters Tournament, only one Canadian has won and it was Mike Weir in 2003.