The Masters golf tournament is underway at Augusta National Golf Course. Opening Masters odds had defending champion Scottie Scheffler (+400) as the betting favorite. He won the 2024 event by four strokes. Rory McIlroy (+650), Jon Rahm (+1300), Collin Morikawa (+1800), and Xander Schauffele (+1800) were among the other favorites.
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Masters odds
Opening 2025 Masters odds are posted at the top golf betting sites. Check out Augusta odds and click on the price you like.
Masters betting odds
Here is a futures report with updates on the top golfers in the Masters field. Attached are the best current golf betting odds each golfer.
Scottie Scheffler (+400)
The favorite already owns two green jackets from his victories in 2022 and 2024. Besides being ranked No. 1 in the Official World Golf Rankings, Scheffler is off to another strong start this season with top-10 finishes at the Texas Children’s Houston Open, Genesis Invitational, and AT&T Pebble Beach Pro-Am.
Rory McIlroy (+650)
McIlroy’s career accolades include four major championships, but The Masters remains the event he has yet to win. The golfer has recorded seven top-10 results at Augusta over his past 10 tries. Besides winning this year’s Players Championship and AT&T Pebble Beach Pro-Am, McIlroy is ranked second in the Official World Golf Rankings.
Jon Rahm (+1300)
The 2023 Masters champ is among the favorites to win another green jacket. Even though this former world No. 1 has joined LIV Golf, Rahm will attract plenty of betting attention due to his 11 career PGA Tour wins.
Collin Morikawa (+1800)
Morikawa, playing in The Masters for a sixth time, has enjoyed his share of success at Augusta National with three straight top-10 finishes, including last year’s T3. Morikawa, currently ranked fourth in the Official World Golf Rankings, if off to a solid 2025 start with second-place finishes at The Sentry and Arnold Palmer Invitational.
Xander Schauffele (+1800)
Schauffele is No. 3 in the Offcial World Golf Rankings. This will be his eighth time playing at Augusta National, with his best performance coming in 2019 (T2). He owns three other top-10 performances in the event, including 8th last year. Schauffele most recently finished 12th at the Valspar Championship.
Bryson DeChambeau (+2000)
DeChambeau is another familiar name to The Masters field as this year will be his ninth appearance. His best finish came last year – T6. Prior to that, his best result was a T21.
Ludvig Aberg (+2200)
The Swede made his Augusta National debut as a pro last year, and The Masters was his first major. Aberg, who is ranked No. 5 in the Official World Golf Rankings, started 2025 strong with his win at The Genesis Invitational and a fifth-place tie at The Sentry.
Justin Thomas (+2500)
Justin Thomas might not have any 2025 Tour wins yet, but he does have four top-10 finishes. The results include a pair of second-place finishes at The American Express and Valspar Championship. In his previous nine Masters, Thomas has made the cut seven times and enjoyed his best finish in 2022 (T8).
Brooks Koepka (+3000)
Koepka, playing in his 10th Masters, has enjoyed his share of success at Augusta National with a pair of second-place finishes, the most recent coming in 2023. Last year didn’t go so well with a T45.
Hideki Matsuyama (+3000)
Based on his previous 13 Masters appearances, Mastsuyama is another player to watch. He has turned in top-20 finishes in eight of the past 10 years, and the results include taking home the 2021 green jacket.
Jordan Spieth (+3500)
Spieth has recorded top-four finishes in six of his 11 starts at The Masters, with the best being his 2015 win. He has played in seven events so far this year with his best showing being a T4 at the WM Phoenix Open.
Tiger Woods (OTB)
The five-time Masters champion will not be competing in the 2025 tournament as a result of having surgery to repair a ruptured Achilles. There is no timeline as to when Woods will be medically cleared.
How Masters odds are changing
Here is a look at how 2025 Masters odds change, starting with pre-tournament lines for the top golfers in the field that were posted the day after Scottie Scheffler took home the second green jacket of his career. He opened as the early favorite to repeat. The table below displays odds movement following the first round.
| Golfer | Opening Masters odds: April 15, 2024 | Masters odds: April 2, 2025 | Masters odds: April 7, 2025 | Masters odds: April 10, 2025 (after first round) |
|---|---|---|---|---|
| Scottie Scheffler | +450 | +450 | +400 | +200 |
| Rory McIlroy | +1100 | +650 | +650 | +1200 |
| Jon Rahm | +1200 | +1300 | +1300 | +10000 |
| Ludvig Aberg | +1400 | +1600 | +2000 | +600 |
| Xander Schauffele | +1800 | +1800 | +1800 | +5000 |
| Cameron Smith | +2000 | +5000 | +6000 | +6000 |
| Viktor Hovland | +2200 | +3500 | +4000 | +4000 |
| Brooks Koepka | +2200 | +2800 | +3000 | +12000 |
| Collin Morikawa | +2200 | +1800 | +1800 | +2800 |
| Jordan Spieth | +2500 | +3000 | +3500 | +10000 |
| Bryson DeChambeau | +2800 | +2000 | +2000 | +700 |
| Hideki Matsuyama | +2800 | +2800 | +3000 | +9000 |
| Will Zalatoris | +2800 | +4500 | +6500 | +25000 |
| Max Homa | +2800 | +20000 | +35000 | +70000 |
| Patrick Cantlay | +3500 | +4000 | +4000 | +17000 |
| Cameron Young | +3500 | +20000 | +20000 | +20000 |
| Joaquin Niemann | +3500 | +2800 | +4000 | +6000 |
| Tommy Fleetwood | +3500 | +3500 | +4000 | +10000 |
| Matt Fitzpatrick | +4000 | +13000 | +13000 | +10000 |
| Justin Thomas | +4000 | +2200 | +2500 | +8000 |
| Wyndham Clark | +4000 | +8000 | +9000 | +100000 |
| Tony Finau | +4000 | +7000 | +8000 | +70000 |
| Dustin Johnson | +4000 | +10000 | +13000 | +40000 |
| Tyrell Hatton | +5000 | +3500 | +5000 | +2500 |
| Shane Lowry | +6500 | +4500 | +4500 | +4000 |
| Sam Burns | +6500 | +11000 | +12000 | +30000 |
| Jason Day | +6500 | +7500 | +7500 | +4500 |
| Nicolai Hojgaard | +6500 | +17000 | +20000 | +250000 |
| Corey Conners | +8000 | +7000 | +6000 | +1800 |
| Sahith Theegala | +8000 | +10000 | +15000 | +17000 |
| Brian Harman | +8000 | +20000 | +13000 | +11000 |
| Patrick Reed | +8000 | +10000 | +9000 | +8000 |
| Min Woo Lee | +8000 | +5500 | +6000 | +6000 |
| Tom Kim | +8000 | +9000 | +10000 | +30000 |
| Russell Henley | +8000 | +5500 | +5500 | +500000 |
Augusta National Course
- Course: Augusta National Golf Club
- Location: Augusta, GA
- Date: April 10 – April 13, 2025
- Par: 72 / Yardage 7,475
- Fairways/Rough: Ryegrass
- Greens: Bentgrass
- How to watch: CBS, ESPN, The Masters Tournament
- Purse: $20,000,000
- Defending champ: Scottie Scheffler
- Twitter: @TheMasters
The Masters needs no introduction as its universally known to be the biggest stage in golf. It is the only Major to be played on the same course each year, Augusta National. The formula to find success remains the same year over year. Above-average driving distance is a plus in order to capitalize on scoring opportunities on the par-5s and leave more lofted approach shots into each of the firm and fast greens. The dramatic undulations on and around the green make it nearly impossible to mask any short game short comings. The list of winners over the years has always featured a throughline of players with elite touch around the greens. Course history at The Masters has also proven to be more repeatable than any other tournament each year, so it’s always best to review results in prior years before betting The Masters.
In terms of Course History, Jordan Spieth, Jon Rahm, Rory McIlroy, Dustin Johnson, and Justin Rose highlight the list of players who have repeatedly played well here, continuing to validate the trend of success from players with elite short game and plus driving distance.
The Masters is not a tournament in which bettors will want to go overboard betting longshots. Over the last 10 years, all winners have come at 66-1 odds or shorter, with six of those winners opening at 28-1 odds or shorter. At any Major championship, it’s best to start your betting card with exposure to at least one elite player at the top of the odds board.
How to bet The Masters
Masters betting odds for 2025 were released the day after Scheffler s win last April at the best betting apps.
Masters odds can range from Scheffler at +450 to past champion Fred Couple’s +200000. A $10 bet on each golfer to win the 2025 Masters would return a profit of $45 and $20,000, respectively.
Closer to the start of the tournament, many additional bet types will be released as the field finalizes and first- and second-round groupings and tee times are released. These expanded markets will include two- or three-ball matchups for individual rounds, or for the tournament as a whole.
Matchups will be set for playing partners, golfers with a similar world ranking, or any number of other shared traits. Odds are typically the same for each golfer but can range from -200 to +200 for a return of $5 or $20 on a $10 wager.
Larger pools of golfers will be grouped by world ranking, nationality, or previous results as a form of prop bet. These odds can range from prices closer to even money (+100) or lower to +75000 or longer, depending on the size of the player pool and the degree of variation in their odds to win the tournament outright.
Simpler lines will be set for players to make or miss the cut. These odds will range -700 for Yes to +500 for No for a tournament favorite to closer to even money on each side for a tournament long shot. Similarly, Over/Under lines will be set for specific golfer’s tournament or round scores.
Placing or Finishing Position bets accompany the outright odds for a Top 5, Top 10, Top 20, or Top 40 result. The odds for each golfer in the field will drop with the wider range of their finish.
Straight Forecast betting, popularized in horse racing, is a form of parlay requiring the correct prediction of the finishing order of the winner and runner-up. Wildly difficult, it’s best done in tournaments with one or two top-ranked golfers in a weaker field as a way to boost their individual odds.
Conversely, each-way bets are best used on long shots in star-studded fields such as what’s seen at Augusta. These consist of two wagers on each golfer, with one being for the outright victory and one being for a finish within the Top 3 or Top 5 of the field.
Super Bowl betting markets often include cross-sport bets pitting a player’s receiving or rushing yards against a golfer’s score at the Masters more than two months later.
Betting strategy
Typically occurring early in the PGA Tour season, bettors don’t always have as much information from which to draw as they do for the PGA Championship, US Open and Open Championship.
Course history, current form, and key stats are essential areas of research for any golf tournament but are each especially applicable to the Masters. The only major to be played at the same venue each year and against a similar strength of field, course history is more relevant than anywhere else. The same statistical areas apply each year, but be sure to look at a golfer’s career performance in those stats in combination with their more recent play.
Seasonal results, particularly at the major events and those closest to the 2021 Masters will have great impacts on Masters betting odds. Not only will the bookmakers adjust the odds for the winners and top finishers as they move up the OWGR and 2021 money list, but the odds will also reflect the number of bets and percentage of the betting handle coming in on certain golfers.
Be sure to regularly check-in on the PGA Tour futures odds at multiple books, and always be ready to pounce on discrepancies and inflated numbers as a result of a poor finish or injury.
While futures and outright bets carry the highest Masters betting odds and can result in the largest paydays, they’re incredibly risky. Be sure to always hedge your outright picks and bets against a wider range of props and matchup bets. These safer plays should receive a significantly larger portion of your bankroll.
In-play betting can also help hedge against your futures bets by looking at Strokes Gained data after each round. This data gives a better sense of golfers who could be poised for a big weekend despite their odds remaining high if only narrowly making the cut.
Player performance at Augusta National
Understanding the course and knowing how to play the holes and where to place shots are essential for success at Augusta. So is familiarity with the greens, which is why players with less experience on the course usually don’t fare as well. But forecasting players putting week-to-week can be difficult. Augusta is mostly a second-shot golf course, and while longer hitters have an advantage and playing the par 5s well under par is significant to success, it’s precision ball striking, quality irons and approach play and premium putting with the ability to get the ball in the hole from a distance of 10-feet or less that are keys to success.
Stats to Evaluate
- Strokes Gained: Around-the-Green
- Strokes Gained: Putting
- Ball striking
- Approach play
- Scrambling
- Birdies
Length is an advantage at Augusta, which plays to a par 72 and 7,435 yards but plays longer with a number of uphill holes and the grain of the fairways pointing back towards the tee boxes. The course remains heavily tree-lined, and each hole is named after a flower, plant or tree. The scores can be dictated by the weather and wind, as evidenced by Jordan Spieth (-18) winning in 2015 and Danny Willett (-5) in 2016.
Since the Masters is played on the same course every year, there are many trends noted. They include:
- Before Woods won in 2019, each of the previous 11 Masters winners was under the age of 40. Johnson (2020 winner) was 36 when he won and Matsuyama (2021) was 29 when he won.
- 18 of the last 23 Masters champions made the cut in their previous start on Tour
- 13 of last 15 Masters champions were ranked inside the world’s top 30
- 13 of last 14 Masters champions posted a previous top-30 at Augusta
The Bentgrass greens are lightning fast, and typically feature run-off areas, slopes and multiple tiers. This is the ultimate test of ball striking to ensure approaches land on the proper tier and allow for better chances to make birdies.
While the favorites will get much of the media attention and betting action, Patrick Reed (40-1) proved in 2018 that there are plenty of top pros that provide value and have a chance to win and wear the green jacket.
Masters odds history
A look at Masters betting odds for the winners at Augusta since 2010.
| Year | Golfer | Pre-Tourney odds |
|---|---|---|
| 2024 | Scottie Scheffler | +450 |
| 2023 | Jon Rahm | +900 |
| 2022 | Scottie Scheffler | +1800 |
| 2021 | Hideki Matsuyama | +5000 |
| 2020 | Dustin Johnson | +800 |
| 2019 | Tiger Woods | +1400 |
| 2018 | Patrick Reed | +4000 |
| 2017 | Sergio Garcia | +3000 |
| 2016 | Danny Willett | +5000 |
| 2015 | Jordan Spieth | +1000 |
| 2014 | Bubba Watson | +2000 |
| 2013 | Adam Scott | +2500 |
| 2012 | Bubba Watson | +3000 |
| 2011 | Charl Schwartzel | +10000 |
| 2010 | Phil Mickelson | +1000 |
Biggest betting long shots in Masters history
Hideki Matsuyama (2021): +4500
Matsuyama was T-13 in the November 2020 Masters. He corrected the mistakes from a few months earlier to deliver a sensational Saturday performance in which he shot a 65.
Patrick Reed (2018): +4000
Reed had six PGA Tour victories to his name at the time of his 2018 major win, and he has won twice since. He ranked 24th in the world.
Danny Willett (2016): +5000
Willett’s lone PGA Tour victory to date came amid a back-nine collapse by former champ Jordan Spieth. He won on the European Tour earlier in 2016.
Charl Schwartzel (2011): +10000
The South African stunned the golf world in 2011 as he birdied his final four holes to win the green jacket. Schwartzel finished two strokes ahead of Jason Day and Adam Scott.
Angel Cabrera (2009): +12500
Cabrera’s second major victory came less than two years following his breakout win at the 2007 US Open. He also had three victories to date on the European Tour but ranked 69th in the world.
Trevor Immelman (2008): +15000
Immelman had eight professional titles under his belt and sat 29th in the world ahead of the 2008 Masters. His only win since came on the then-Web.com Tour in 2013.
Zach Johnson (2007): +12500
Johnson’s only PGA Tour victory prior to his breakout major win was at the BellSouth Classic in 2004. He has won another major since, but he has no victories of any sort since the 2015 Open Championship.
Masters fun facts
- Most wins: Jack Nicklaus (6)
- Youngest winner: Tiger Woods (21 years, 104 days)
- Youngest qualifier: Tianlang Guan, 14 (2013)
- Oldest winner: Nicklaus (46 years, 82 days)
- Widest winning margin: Woods (12 strokes)
- Lowest winning score: -18 (Woods, Spieth)
- Highest score on one hole: 13 (Seve Ballesteros: 16th hole in 1988, Sergio Garcia: 15th hole in 2018)
- Best comeback: Jack Burke Jr. over Ken Venturi, trailed by eight strokes after Round 3
- Amateur winners: None, three runner-ups
- Most times runner-up: 4 (Tom Weiskopf, Nicklaus, Ben Hogan)
Masters FAQ
Who qualifies for the Masters?
- All Masters champions
- Last five US Open champions
- Previous five British Open champions
- Last five PGA Champions
- Last three winners of The Players Championship
- Reigning Olympic golf medalist (if from the previous year)
- Current US Amateur champions and the runner-up
- Reigning British Amateur champion
- Current Asia-Pacific Amateur champion
- Reigning US Mid-Amateur champion
- Current Latin America Amateur champion
- Top-12 finishers, including ties, from previous year’s Masters
- First 4 finishers, including ties, from previous year’s US Open
- First 4 finishers, including ties, from previous British Open
- Top-4 finishers, including ties, from previous PGA Championship
- Winners of PGA Tour events awarding a full-point allocation for the Tour Championship from the previous Masters to current Masters
- Qualifiers from previous year’s Tour Championship
- Top 50 leaders from the OWGR at end of the previous calendar year
- The OWGR’s Top 50 leaders published the week prior to the Masters
- Top 50 leaders prior to the originally scheduled Masters at Week 11 (March 15th)
Where is the Masters this year?
Augusta National Golf Club, Augusta, Georgia.
What are the highest and lowest scores to win the Masters?
Tiger Woods (1997) and Jordan Spieth (2015) share the record for the lowest score at minus-18. Three golfers, Sam Snead (1954), Jack Burke Jr. (1956), and Zach Johnson (2007) have all won the Masters at plus-1.
Has anyone ever won back-to-back Masters?
Tiger Woods (2001 and 2002), Nick Faldo (1989 and 1990), Jack Nicklaus (1965 and 1966) have all won the Masters in back-to-back years.