It’s a wonderful time in the sports calendar. We just finished a crazy March Madness tournament and we get to roll right into the Masters with the NHL and NBA playoffs not far behind.
For those looking to wager on the Masters this year, here’s a betting preview for the most popular golf tournament of the season.
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Top Betting Bonuses for The Masters
Because this is perhaps the most anticipated golf tournament of the year, the top online sportsbooks know a lot of new customers will want to place some wagers. Because of that, they all offer sign-up bonuses and promos.
The table below shows the best bonuses available this week. Choose your favorite one or all of them.
| TN Sportsbook | Bonus Offer | Bonus Link |
|---|---|---|
| BetMGM | Bet $5, Get $158 in bonus bets | Claim Bonus — Use Code ROCKYBET |
| FanDuel | Bet $5, Get $150 in Bonus Bets Guaranteed | Claim Bonus |
| Caesars Sportsbook | Get a first bet on Caesars of up to $1,000 | Claim Bonus — Use Code STARTGET |
Betting Odds to Win the Masters Golf Tournament
Although the betting markets for the Masters will vary across the most popular sports betting apps, one market that will be available on all of them is wagering on a particular golfer to win the 2023 Masters.
Here are the golfers with the shortest odds to win this year’s Masters Tournament as well as some popular names further down the list.
Note that the odds next to each golfer are the best prices as of 2 p.m. ET on April 4.
- Scottie Scheffler +700 (BetMGM Sportsbook and FanDuel)
- Rory McIlroy +750 (DraftKings Sportsbook)
- Jon Rahm +950 (FanDuel Sportsbook)
- Jordan Spieth +1800 (DraftKings and BetMGM)
- Patrick Cantlay +2000 (DraftKings)
- Justin Thomas +2200 (DraftKings)
- Dustin Johnson +2500 (FanDuel and BetMGM)
- Jason Day +2800 (FanDuel)
- Brooks Koepka +4400 (FanDuel)
- Tiger Woods +8000 (Caesars Sportsbook)
- Bubba Watson +30000 (Caesars)
- Phil Mickelson +40000 (Caesars)
It’s no surprise to see Scheffler, McIlroy, and Rahm as the three golfers with the shortest odds to win the 2023 Masters as those are the same three players currently at the top of the PGA’s Official World Golf Ranking.
Scheffler enters this year’s Masters as the defending champ and will be fighting an uphill battle from a historical perspective. Only three golfers have won the Masters in back-to-back years (Jack Nicklaus, Nick Faldo, Tiger Woods) and the betting favorite entering the tournament hasn’t won since 2005 (Woods).
Other popular markets you’ll find across most sports betting apps will be round-by-round leaders, finishing positions (top 5, top 10, and so on), golfers to make or miss the final cut, and prop bets.
Some sportsbooks will also offer special promos and bonuses for the Masters, so be sure to see what your favorite app has to offer.
Claim $1,200 in bonuses for the Masters from DraftKings Sportsbook
Masters Betting Trends
Here are some trends and historical data points for the Masters you can consider when placing your wagers.
- Since 2000, all but two Masters winners have been inside the Official World Golf Ranking Top 30.
- Since 2000, there have only been four golfers with 100-to-1 odds or longer to win the Masters.
- Since 2000, all but one winner has been under 40 years old (Woods was 43 in 2019).
- No betting favorite entering the tournament has won the Masters since 2005.
- 7 of the last 10 winners had finished in the top five of a previous Masters.
- 9 of the last 10 winners had a top-five finish in at least one of their last five events.
- Only three golfers have won the Masters their first time playing the tournament (Horton Smith — 1934, Gene Sarazen — 1935, Fuzzy Zeller — 1979).
- American golfers have dominated the Masters, accounting for 63 of 86 (73%) of the wins in tournament history.
Article contributed by Cody Kutzer.
