Masters Odds & Updated Betting Lines 2025: Scheffler Remains Heavy Favorite
The Masters golf tournament is one of the premier events on the sports calendar each spring. The tourney at Augusta National is still months away but Masters odds are already available to bet on. Scottie Scheffler opened as the Masters betting favorite following his second career victory at Augusta National in April. Scheffler's best odds of +490 from our best golf betting sites represent an implied win probability of 16.67%.
The 2025 Masters - the first major of the PGA Tour season - will take place Thursday, April 10, through Sunday, April 13. The tournament will be broadcast on CBS.
Masters odds 2025
Masters odds favorites 2025
Scottie Scheffler (+490 Masters odds)
Scheffler has donned the green jacket in two of the past three Masters tournaments. After fixing his temporarily woe-begone putting stroke, there are no sustainable flaws in Scheffler's game. Barring disaster, he's the top player on the planet any given week and will beat anybody at his best. That is especially true at Augusta National, which is suited perfectly to his expert short game and distance management. An early win in 2025 - like at the Arnold Palmer Invitational or The Players Championship - would shorten the odds significantly.
Rory McIlroy (+1000 Masters odds)
Rory McIlroy (+1000 Masters odds) finished T-22 in last season's Masters. McIlroy looks to be on track for a big 2025 as he won the DP World Tour Championship in November. The Northern Irishman has won every major tournament except for the Masters.
Xander Schauffele (+1200 Masters odds)
Xander Schauffele (+1200 Masters odds) had a top 10 finish at Augusta last time out, placing 8th overall. His best finish at Augusta came in 2019 as he garnered a T-2. Schauffele has two wins at Majors to his name with a PGA Championship win and Open Championship victory this past year.
Jon Rahm (+1300 Masters odds)
Jon Rahm (+1300 Masters odds) had a tough go of it last April at Augusta as he finished T-45. His overall performance at Majors left a lot to be desired as he missed the cut at the PGA Championship. Rahm has, of course, proven his mettle at the Masters with a victory in 2023.
Ludvig Aberg (+1500 Masters odds)
The sample size is small, but Ludvig Åberg (+1500 Masters odds) looks tailor-made for Augusta. In his first ever Masters tournament, Aberg finished second overall. His work at other Majors this past season was not quite as impressive as he missed the cut at the PGA Championship and The Open Championship. Still, the Swedish superstar looks poised to be in the mix at Augusta for the foreseeable future.
Collin Morikawa (+1800 Masters odds)
Collin Morikawa (+1800) Masters odds) has a tremendous track record at the Masters with top 10 finishes in each of the past three tournaments. His best finish to date came last April as he finished third at Augusta. Morikawa was not playing great golf in the lead-up to the Masters last spring as he missed the cut at the Arnold Palmer, finished T-45 at THE PLAYERS Championship and T-75 at the Valero Texas Open. Morikawa might be a worthwhile bet at the Masters even if he struggles early in 2025.
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Tiger Woods Masters odds
Tiger set the record for consecutive cuts made in the Masters at 24 during this past tournament. But his physical pain was readily apparent to viewers over the weekend, and back-to-back rounds of 82 and 77 confirmed what we were seeing.
Although a winning $10 bet could return a profit of $2,000 at DraftKings, there's no reason to wager on Tiger to win the event outright this far out following his missed cut during the British Open.
Masters info
- When: Thursday, April 10 - Sunday, April 13
- Where: Augusta National Golf Club, Augusta, GA
- Defending champion: Scottie Scheffler
- How to watch: ESPN, CBS, Masters.com
- Favorite: Scottie Scheffler (+500 via BetMGM)
Masters field 2025
The 2025 Masters field isn't yet officially set, but will include a mix of past champions, top-ranked players, rising stars, and special invitees. Here are some of the ways to gain entry to the invitational tournament:
Past champions: Golfers who have won the Masters in previous years are automatically invited to participate for the rest of their careers.
Current champions: Winners of other major championships (such as the U.S. Open, The Open Championship, and the PGA Championship) from the past year are invited to compete.
PGA Tour winners: Golfers who have won PGA Tour events leading up to the Masters, typically over the past year, may also receive invitations.
Amateur champions: Winners of certain top amateur tournaments, such as the U.S. Amateur Championship, are often invited to play.
World Golf Ranking: The top players in the Official World Golf Ranking (OWGR) and other recognized world rankings usually receive invitations.
Special invitations: The Masters committee has the discretion to extend special invitations to golfers who may not meet the above criteria but have demonstrated exceptional talent or accomplishments in the past.
Qualifying tournaments: There are opportunities for golfers to qualify for the Masters through special tournaments and qualifiers, such as the U.S. Open or other international events.
Masters betting odds history
Here is a look at Masters betting odds history.
| Year | Golfer | Masters Odds (Prior to Round 1) |
|---|---|---|
| 2024 | Scottie Scheffler | +500 |
| 2023 | Jon Rahm | +1000 |
| 2022 | Scottie Scheffler | +1600 |
| 2021 | Hideki Matsuyama | +6000 |
| 2020 | Dustin Johnson | +800 |
| 2019 | Tiger Woods | +1200 |
| 2018 | Patrick Reed | +4000 |
| 2017 | Sergio Garcia | +3000 |
| 2016 | Danny Willett | +5000 |
| 2015 | Jordan Spieth | +1000 |
| 2014 | Bubba Watson | +2000 |
| 2013 | Adam Scott | +2500 |
How to bet on the Masters
Betting on the Masters can be exciting, especially with all the unique elements of Augusta National Golf Course. Let's break down the basics for you.
Popular betting markets:
1. Outright winner (to win):
- This is the simplest and most popular bet. You're picking who you think will win the tournament overall.
- Example: If you bet on Rory McIlroy to win the Masters at odds of +800, a $10 bet would win you $80 if he wins.
2. Top finish (Top 5, Top 10, Top 20):
- Instead of picking the winner, you can bet on a player to finish within the top ranks of the leaderboard.
- Example: Betting on McIlroy to finish in the Top 10 means you win if he places 1st to 10th.
3. Matchups:
- This involves betting on one golfer to finish with a better score than another specific golfer.
- Example: Betting on Bryson DeChambeau to have a lower score than Jordan Spieth over the tournament.
4. Prop bets:
- These are fun and specific bets on events within the tournament, like whether a hole-in-one will be scored or the nationality of the winner.
Why golf futures odds move:
Futures odds, which are the odds offered well in advance of the tournament, can change for several reasons:
- Player form and performance: If a golfer is performing exceptionally well in preceding tournaments, their odds may shorten (decrease) as more people bet on them.
- Injuries or withdrawals: If a key player gets injured or withdraws from other tournaments leading up to the Masters, their odds might lengthen (increase).
- Course conditions: Augusta National has its own unique challenges. If there are reports of the course being set up particularly tough or favoring certain types of players (like long hitters or accurate putters), odds can adjust accordingly.
- Public betting and perception: Sometimes odds move based on public perception and betting patterns rather than actual performance changes.
Tips for beginners:
- Research players and the course: Learn about the strengths and weaknesses of different golfers and how Augusta National typically plays.
- Shop for the best odds: Compare odds at different sportsbooks to get the best possible value for your bets.
- Start with simple bets: Begin with straightforward bets like outright winners before moving to more complex markets.
- Set a budget: Decide how much you're willing to bet and stick to it. Golf betting can be unpredictable, so it's essential to gamble responsibly.
- Enjoy the experience: Betting on the Masters can add excitement to watching the tournament, but remember it's for fun. Stay informed and enjoy the golf!
How to read golf odds
Here's how to read golf betting odds using American odds format:
- Positive odds: Positive odds indicate the potential profit on a $100 wager. For example, if a golfer has odds of +300, it means that a $100 bet would yield a profit of $300 if the golfer wins the tournament. So, your total payout would be $400 ($300 profit + $100 original stake).
- Negative odds: Negative odds represent the amount you need to wager to win $100 in profit. For instance, if a golfer has odds of -200, it means that you would need to bet $200 to win $100 in profit if the golfer wins. Your total payout would be $300 ($100 profit + $200 original stake). In a tournament like the Masters, it's unlikely to see negative odds on any golfer until late in Sunday's final round while using our best live betting sites.
Understanding these American odds allows you to quickly assess the potential payout and implied probability of a golfer winning a tournament. Positive odds indicate an underdog, while negative odds signify a favorite.
Odds will move leading up to a tournament's start and throughout the event. Live odds will be reflective of the current leaderboard, golfer performance, and the position of the pre-tournament favorites. The odds also factor in the popularity of certain golfers, and how much money the sportsbooks have taken on those golfers to win the tournament.
Masters FAQs
Who is the favorite to win the 2025 Masters?
Scottie Scheffler has odds as high as +500 odds to win the 2025 Masters. These odds represent an implied win probability of 16.67%.
Who won last year's Masters?
Scottie Scheffler won last year's Masters by four strokes over Ludvig Aberg with closing odds as low as +375. That was Scheffler's second Masters win in three years.
Who was the last back-to-back winner of the Masters?
Tiger Woods in 2001 and 2002 was the last golfer to win the Masters back-to-back.
When is the 2025 Masters?
The 2025 Masters start date has been set for Thursday, April 10. Round 2 is Friday, April 11, Round 3 is Saturday, April 12 and the final round is Sunday, April 13.
Where is the 2025 Masters?
The Masters is held every year at Augusta National Golf Club in Augusta, Ga.
How can you watch the Masters?
Television coverage of the Masters is split between ESPN and CBS. The tournament can be streamed on Masters.com.
Who's won the most Masters?
Jack Nicklaus' six career Masters wins are the most of all time. The last of those wins came in 1986.
More major championship odds
| Event | Favorite | Odds |
|---|---|---|
| PGA Championship | Scottie Scheffler | +470 |
| U.S. Open | Scottie Scheffler | +470 |
| British Open | Scottie Scheffler | +650 |
Odds via bet365 as of Nov. 2.
Golf betting odds pages
| Masters Odds | PGA Championship Odds | Ryder Cup Odds |
| Masters Picks | U.S. Open Odds | WM Phoenix Open Odds |
| Masters Prop Bets | British Open Odds | Players Championship odds |
| Masters Projected Cut Odds | FedEx Cup Odds |
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