The final major of the season has arrived, and the early betting action suggests a wide open Masters Tournament. The rescheduled 2020 Masters will be the biggest betting event of the PGA Tour season.
DraftKings director of sportsbook operations Johnny Avello told TheLines this week that “there has been good, steady action and a spike in betting this week” on the Masters.
Golf’s most popular tournament will be going up against college and pro football this weekend, but Avello does not expect to see much of a decline in wagering interest.
“The Masters handle fits perfectly with football,” he said. “Bettors will bet it strong all weekend through 11 jurisdictions now offering betting at DraftKings.”
DraftKings is running a pair of married Masters/football promos this weekend for new users including a “Bet $20 on college football, get $10 free in Masters betting” option, and an “All Sport Risk-Free Sunday” offer in which DK will cover your net losses up to $100.
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The Masters is the only major championship which has a field that is exclusively determined by invitation. Just 92 players will tee it up at Augusta National Golf Club this week, and that includes the top 10 players in the world golf rankings.
TheLines’ PGA Tour power rankings has Dustin Johnson and Jon Rahm on top heading into the tournament, followed by Xander Schauffele, Bryson DeChambeau and Justin Thomas. There is little separation in odds to win the Masters for those top five players and marquee names like Rory McIlroy and Brooks Koepka.
None of the seven PGA Tour superstars mentioned above have won the Masters – Koepka, Johnson and Schauffele tied for second last year behind Tiger Woods. McIlroy and Rahm have also finished top 5 in past Masters tournaments.
Masters betting odds
Bryson DeChambeau | Bet now +750 | Bet now +800 | Bet now +750 |
Dustin Johnson | Bet now +850 | Bet now +800 | Bet now +800 |
Jon Rahm | Bet now +1000 | Bet now +1000 | Bet now +1000 |
Rory McIlroy | Bet now +1300 | Bet now +1300 | Bet now +1200 |
Justin Thomas | Bet now +1300 | Bet now +1200 | Bet now +1100 |
Xander Schauffele | Bet now +1600 | Bet now +1500 | Bet now +1400 |
Brooks Koepka | Bet now +1700 | Bet now +1800 | Bet now +1600 |
Tyrell Hatton | Bet now +2500 | Bet now +2700 | Bet now +2800 |
Patrick Cantlay | Bet now +2800 | Bet now +2500 | Bet now +2500 |
Jason Day | Bet now +3000 | Bet now +4000 | Bet now +3500 |
Tony Finau | Bet now +3000 | Bet now +3000 | Bet now +2800 |
Hideki Matsuyama | Bet now +3000 | Bet now +2500 | Bet now +2800 |
Patrick Reed | Bet now +3000 | Bet now +3000 | Bet now +3300 |
Bubba Watson | Bet now +3300 | Bet now +3000 | Bet now +3000 |
Collin Morikawa | Bet now +3500 | Bet now +3500 | Bet now +3500 |
Webb Simpson | Bet now +4000 | Bet now +4000 | Bet now +3300 |
Matthew Wolff | Bet now +4500 | Bet now +3800 | Bet now +4000 |
Tiger Woods | Bet now +4500 | Bet now +4200 | Bet now +3300 |
Adam Scott | Bet now +5000 | Bet now +5000 | Bet now +5000 |
Tommy Fleetwood | Bet now +5500 | Bet now +4500 | Bet now +5000 |
Louis Oosthuizen | Bet now +6000 | Bet now +6500 | Bet now +5500 |
Matthew Fitzpatrick | Bet now +6600 | Bet now +6500 | Bet now +6600 |
Scottie Scheffler | Bet now +6600 | Bet now +6000 | Bet now +6600 |
Cameron Champ | Bet now +7000 | Bet now +6500 | Bet now +6600 |
Rickie Fowler | Bet now +7000 | Bet now +6500 | Bet now +6000 |
Jordan Spieth | Bet now +7000 | Bet now +7000 | Bet now +6600 |
Paul Casey | Bet now +8000 | Bet now +6500 | Bet now +7000 |
Shane Lowry | Bet now +8000 | Bet now +8000 | Bet now +10000 |
Ian Poulter | Bet now +8000 | Bet now +15000 | Bet now +12500 |
Justin Rose | Bet now +8000 | Bet now +6500 | Bet now +6600 |
View odds for every golfer at DraftKings Sportsbook, FanDuel Sportsbook and BetMGM
Masters betting market splits
Outright win bets on the top 8 players are the most popular, and BetMGM is reporting the highest bet percentage (ticket count) on:
- Xander Schauffele: 6.7%
- Tiger Woods: 5.8%
- Bryson DeChambeau: 5.7%
- Dustin Johnson: 5.5%
- Justin Thomas: 5.2%
- Brooks Koepka: 4.7%
- Rory McIlroy: 3.8%
- Jon Rahm: 3.6%
Also, PGA Championship winner Collin Morikawa is taking 3.1% of the bets a day before the event. His odds dropped a few months ago and are currently +3500 at BetMGM.
DraftKings Sportsbook’s market breakdown shows big bomber Bryson as the clear leader (betting percentages adjust throughout each day leading up to the tournament).
| Golfer | Win Odds | % Handle | % Bets | Top 10 |
|---|---|---|---|---|
| Bryson DeChambeau | +750 | 26% | 12% | +100 |
| Tiger Woods | +4500 | 7% | 7% | +350 |
| Justin Thomas | +1300 | 7% | 6% | +150 |
| Brooks Koepka | +1700 | 6% | 5% | +200 |
| Dustin Johnson | +850 | 6% | 5% | +100 |
| Jon Rahm | +1050 | 6% | 4% | +110 |
| Rory McIlroy | +1300 | 5% | 4% | +150 |
| Xander Schauffele | +1600 | 4% | 4% | +150 |
| Tony Finau | +3300 | 4% | 4% | +250 |
| Matthew Wolff | +4500 | 3% | 4% | +350 |
DraftKings’ DeChambeau offer
As seen above, bettors love wagering on DeChambeau and DraftKings Sportsbook has a great offer on “The Mad Scientist.” Bettors can double their money if DeChambeau makes the cut. The odds on DeChambeau to make the weekend were originally -769 at DK, but are now +100.
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Masters props and matchups
DraftKings, FanDuel, PointsBet and BetMGM all have dozens of head-to-head tournament match-ups. Avello said Johnson is getting more play against Rahm, and adjusted odds went from -115 to -125 on DJ to have a better finishing position at DraftKings. Rahm is +100 against Johnson to wind up with a better score at Augusta.
Patrick Eichner, director of communications at PointsBet told TheLines that of the 42 tournament match-ups the book offers, DeChambeau vs. McIlroy is the most popular. McIlroy opened as a -130 favorite, but he’s down to -115 with DeChambeau (-105) taking 64% of the match-up bets.
DeChambeau is now +750 to win the Masters outright at PointsBet.
“With a special ‘fall ball’ rendition of the Masters in 2020, we still expect to see a ton of betting interest. The Masters is always one of our top events of the year in terms of handle,” Eichner added.
There are hundreds of props offered at DraftKings, FanDuel and PointsBet with a lot of fun and unique markets. PointsBet, for instance, has Par 3 props and closest-to-the-pin odds – the latter of which could be especially fun on hole 16. That’s where Rahm made two hole-in-ones during practices rounds this week at Augusta.
