There is plenty of Masters betting action beyond wagering on the winner of the tournament. Masters odds offer prop bets, providing opportunities to wager on different aspects of the year’s first major tournament.
Scottie Scheffler (+400, at DraftKings), Rory McIlroy (+1100), and Jon Rahm (+1200) and the top three favorites to win the Masters, which will be held April 11 to 14. Players consider the Masters the easiest of the four majors to win, because of a reduced field and familiarity of the golf course. This year, 89 players are scheduled to tee it up Thursday. The other 2023 majors had 156 players.
There are some interesting Masters props that go beyond who wins the tournament. Prop bets can give bettors action on each day of the tournament, including the margin of victory. And including the most intriguing: Can Tiger Woods make the cut?
Related Pages: Masters Odds 2024 | How to Bet on the Masters in 2024
Tiger Seeks Record
Woods is after a Masters record this week — the most consecutive cuts made. He sits at 23, tied with Gary Player and Fred Couples. Woods limped around Augusta National last year and made the cut on the number.
BetRivers, and other sportsbooks, are offering odds on whether Tiger makes (+100) or misses the cut (-137).
The second-longest current cut streak? Adam Scott, the 2013 champion, has 14 consecutive cuts made.
Tiger’s Odds to Win
FanDuel has Tiger at +2500 to win the Masters. BetRivers has Tiger at +2800 to finish in the top 5; +1000 to finish in the top 10; and +335 to finish in the top 20. Tiger’s world golf ranking is 959.
At a news conference at Augusta on Tuesday, Woods said he thinks he can win another Masters: “If everything comes together, I think I can get one more.”
Tiger’s odds before his first Masters as a professional in 1996 was +650. His world golf ranking was 611. He missed the cut after shooting a pair of 75s for a 6-over-par total of 150. It was Woods’ only missed cut in 25 appearances. He won the first of his five Green Jackets the next year.
The 1996 Masters, famously, was won by Nick Faldo, who overcame a final-day, six-stroke deficit to Greg Norman.
More Tiger Props
FanDuel, among other sportsbooks, offers these Tiger props:
- Bogey-free round in the tournament: +900
- Make birdie or better on hole No. 1 Thursday: +800
- Bogey-free Round 1: +3000
- Bogey-free Round 2: +3500
Tournament Winning Margin
You can bet on the number of strokes by which the champion wins.
From DraftKings:
- 1 Stroke Exactly: +200
- 2 Strokes Exactly: +350
- 3 Strokes Exactly: +600
- 4 Strokes or More: +350
Last year, Rahm won the Masters by four strokes over Brooks Koepka and Phil Mickelson.
A Playoff?
The last time there was a playoff at the Masters was in 2017, when Sergio Garcia defeated Justin Rose with a birdie on the first playoff hole. There have been 17 playoffs in the Masters’ 87-year history.
There have been only five multiple-player playoffs at the Masters. The last time was in 2009, when Angel Cabrera defeated Kenny Perry and Chad Campbell with a par on the second playoff hole.
- A Playoff: +350
- Not a Playoff: -500
- 3-Player Playoff: +1200
- 4 or More Players Playoff: +7000
Top 5 Finish
The odds for the top finishes mirror the odds to win the championship. Here are the top-11 odds to finish in the top 5, including ties:
- Scheffler: -105
- McIlroy: +210
- Rahm: +250
- Xander Schauffele: +330
- Brooks Koepka: +330
- Jordan Spieth: +400
- Hideki Matsumaya: +400
- Joaquin Niemann: +450
- Wyndham Clark: +500
- Viktor Hovland: +500
- Ludwig Aberg: +500
Top 10 Finish
The 11 shortest odds to finish in the top 10, including ties:
- Scheffler: -220
- McIlroy: +110
- Rahm: +120
- Koepka: +150
- Schauffele: +160
- Spieth: +190
- Matsumaya: +190
- Niemann: +210
- Aberg: +225
- Hovland: +230
- Patrick Cantlay: +230
Top 20 Finish
The shortest odds to finish in the top 20, including ties:
- Aberg: -105
- Niemann: -105
- Spieth: -120
- Koepka: -140
- Matsuyama: -150
- Schauffele: -165
- Rahm: -200
- McIlroy: -200
- Scheffler: -500
- Clark: +105
- Cantlay: +110
- Hovland: +115
- Will Zalatoris: +115
- Cameron Smith: +115
- Justin Thomas: +120
- Dustin Johnson: +130
- Tony Finau: +140
- Tommy Fleetwood: +140
- Matt Fitzpatrick: +140
- Collin Morikawa: +140
- Bryson DeChambeau: +140
Leader After Round 1
So, who do you like to lead the Masters after the first round? Here are some of the shortest odds:
- Scheffler: +1200
- McIlroy: +2000
- Rahn: +2200
- Schauffele +2500
- Koepka: +2500
- Spieth: +2800
- Niemann: +3000
- Matsuyama: +3000
- Clark: +3500
- Zalatoris: +3500
- Hovland: +3500
- Cantlay: +3500
- Fitzpatrick: +3500
- DeChambeau: +3500
The odds on Woods leading after Round 1 are +6000. The odds on Phil Mickelson leading after Round 1 are +6500.
In 2023, Hovland, Rahm, and Koepka were atop the leaderboard at -7 after the first round. Rahm won the tournament.
In 2022, Sungjae Im led the field after the first round at -5. Cameron Smith was in second place at -4. At -3 were Danny Willett, Riemann, Scheffler, and Dustin Johnson. Scheffler won the tournament.
Top 5 Finish Parlays
DraftKings is offering top 5 finish parlays. To win the bet, both players must finish in the top 5. Here are the 12 shortest odds:
- Scheffler and McIlroy: +650
- Scheffler and Rahm: +700
- Scheffler and Schauffele: +900
- Scheffler and Koepka: +900
- Scheffler and Spieth: +1100
- McIlroy and Rahm: +1300
- McIlroy and Schauffele: +1600
- McIlroy and Koepka: +1600
- Rahm and Schauffele: +1700
- Rahm and Koepka: +1700
- McIlroy and Spieth: +1900
- McIlroy and Matsuyama: +1900
DraftKings offers finish parlays on many more combinations of players.
Scheffler’s Majors
Scheffler has won one career major — the 2022 Masters. BetMGM had odds on how many majors he will win in 2024. The other majors are the PGA Championship, US Open, and The Open Championship.
The odds:
- Scheffler to win 0 majors in 2024: -175
- Scheffler to win 1: +175
- Scheffler to win 2: +800
- Scheffler to win 3: +4000
- Scheffler to win 4: +40000
One Final Name to Consider
Hideki Matsuyama won the 2021 Masters. His odds to win the Masters are +4100, a good price for a player still in his prime.
Matsuyama won the Genesis Invitational in February at Riviera Country Club in Los Angeles, a major-worthy course. He has continued his strong play since.
- Arnold Palmer Invitational: T12
- Players Championship: T6
- Valero Texas Open: T4
Before winning the Genesis, Matsuyama had a tie for 22nd at the Phoenix Open and a tie for 30th at the Sony Open in Honolulu. That’s a terrific season in his nine PGA Tour starts.
His Masters’ record also is outstanding. He has played the Masters 12 times, with eight top-20 finishes. He finished tied for 16th last year.
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