Masters Betting Trends 2024: Scottie Scheffler Remains a Betting Magnet

The Masters again beckons with opportunity. What former champion can rediscover the past? Will momentum matter more than that?

Here’s a look at some 2024 Masters betting trends. Be sure to check the best sports betting apps for the best odds, as the board is dotted with values galore.

We’ll start by evaluating the last four Masters champions, with DraftKings betting odds.

Related Pages: Masters Odds 2024 | How to Bet on the Masters in 2024

Double-Digit Mastery: Most Recent Masters History

The last four winners notched double-figure under-par numbers. Keep that in mind regarding wagers of what the winning score total will be.

Jon Rahm won this event last year at -12.

He’s been a Masters machine. Rahm was 4th in 2018, tied for ninth in 2019, seventh in 2020, and fifth in 2021. Maybe he’s a guy made for the Masters.

2024 betting odds: Win +1000, Top 5 +250, Top 10 -115.

Brooks Koepka was the runner-up.

2024 betting odds: Win +2000, Top 5 +400, Top 10 +190.

He also was tied for second in 2019 and was seventh in 2020.

There has been considerable activity on him. Koepka’s odds are trending between +1800 and +2000.

Phil Mickelson was third last year and is a perennial longshot.

2024 betting odds: Win +20000, Top 5 +3500, Top 10 +1200.

Russell Henley was fourth.

2024 betting odds: Win +5500, Top 5 +1000, Top 10 +400.

Patrick Reed was fifth and is a former winner of the Masters.

His numbers are strong.

2024 betting odds: Win +6500, Top 5 +1200, Top 10 +500.

Scheffler, the 2022 Winner, Remains a Betting Magnet

Scottie Scheffler seized the 2022 Masters at -10, three strokes better than Rory McIlroy.

He’s a charismatic favorite of the galleries. Gigantic ball striker and a big swinger who flirts with danger. The putter was always his Achilles’ Heel, but the blade has been improved this year.

You can get some win value on him at +450, but the oddsmakers are honed in on him at +105 for the Top 5 and -210 for the Top 10. His value disappears beyond the Top 5 circuit.

Hideki Matsuyama prevailed in 2021 at -10, a one-stroke victor.

Bettors will find generous odds for him: Win +2500, Top 5 +250, Top 10 -115.

Covid canceled the Masters in 2020. And yes, it’s already been five years since Tiger Woods captured the first Masters during the legalized sports betting era in 2019 at -13.

Diamonds in the Rough

There is some excellent value this year on Cameron Young. He finished in the Top 10 here last year.

2024 betting odds: Win +5000, Top 5 +900, Top 10 +350, Top 20 +150.

He’s a strong value because of his recent performance as well. Young notched his top earnings result of the season with a second-place finish worth $915,000 in the Valspar Championship last week.

Young might be able to keep it rolling right into the Masters. If you believe in momentum players, he is one. That Top 20 bet looks like a fair price for a realistic result.

Xander Schauffele, who finished fifth in the Valspar, also sports a good return.

2024 betting odds: Win +1600, Top 5 +330, Top 10 +160.

Sergio Garcia is floating around at incredible prices.

The 2017 Masters winner has tremendous value.

2024 betting odds: Win +11000, Top 5 +2200, Top 10 +900.

Garcia lost a playoff to Dean Burmester in LIV Miami last weekend but played very well. He comes in hot and might be lurking under the radar if he avoids an emotional letdown from the near-miss.

Size up the Public Betting Trends

Koepka and Scheffler are getting the betting love at DraftKings.

Koepka has 13% of the early handle at +1100, an excellent price for his ability level.

Scheffler, long a darling of the betting public, has 11% of the money at +400. Hard to get a number representing an edge on Scheffler, but he is so consistent that gamblers place faith in him.

Hideki Matsuyama has 6% of the handle at +2500, and Rory McIlroy garners 5% at +1000.

Rahm, trying to defend his title, has 4% of the money at +1100, not a big statement of faith from the bettors.

Do you think Tiger-Mania will exist forever? Probably. The iconic Woods, whom sportsbook operators credit with jump-starting their handle in the early days of legalized wagering, commands 5% of the DraftKings bets. He’s +13000 (130-1). It would not matter if he was 1000-1. He’ll always get some money for being Tiger.

The LIV Angle

This is a targeted side bet, and it’s interesting. The public will have to dig a little to see who’s coming here from the LIV tour.

Low score among LIV participants is Rahm at +260.

Others:

• Bryson DeChambeau +500
• Joaquin Niemann +550
• Koepka +600
• Dustin Johnson +850
• Cameron Smith +900
• Tyrrell Hatton +1000
• Garcia +1800

Picking Your Spots

Oddsmakers have researched past results and it is up for the possibility of happening again.

Will Patrick Cantlay, Schauffele, and Scheffler all finish in the Top 20? It happened in 2020. The payout is +175.

Analysis: Scheffler is usually a lock to finish in the Top 20. Do you think Schauffele and Cantlay can do the number? If so, look for a different place to make that bet. Rather than taking the prop, select the three in a parlay. It pays +305.

There are several props up in that category, which are intriguing. Bettors can decide whether the bigger value lies in that prop or a parlay of the three individuals.

The wagers are an excellent way to hone in on who might be riding momentum, even if one doesn’t wish to place a wager there.