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2024 Masters Betting Preview: Live Odds, Top Contenders, and Our Best Bets

2024 Masters Betting Preview Live Odds, Top Contenders, and Our Best Bets
Nicholas Berault
Written by Nicholas Berault
April 11, 2024

21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Gambling problem? Call 1-800-GAMBLER. Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA).

As springtime nears and the PGA Tour returns to the East Coast for the Florida swing, the azaleas and pristine fairways of Augusta National await golf fans in a few weeks.

The early-season events out West and in the Southeast give players a chance to find their form and ideally be peaking during the first week of April, all in the hopes that the measurements they provide the staff at Augusta will be manifested into a green jacket on their shoulders after Sunday's final round.

We're excited to preview the top players in the field and those looking to supplant them for the title of Masters Champion, along with our best bets for the 2024 edition.

Current Odds to Win 2024 Masters

The Masters may be a couple of weeks away, but the betting odds have been out at several online sportsbooks for quite some time. Curious about what the odds are for your favorite golfer? The following odds table should provide you with all of the information you need to make a sound wagering decision.

Here’s a quick look at the current Masters odds:

Recapping the 2023 Masters

Jon Rahm became the 86th player to win at least two Major championships at the 2023 Masters Tournament, posting 12-under to take the green jacket by four shots. The Spaniard double-bogeyed his first hole with a four-putt and channeled his countryman Seve Ballesteros' famous "I miss, I miss, I miss, I make" line in a post-round interview after firing a Thursday 65 despite that opening blemish. Rahm led the field in total strokes gained and strokes gained tee-to-green for all four rounds, according to DataGolf.

Americans Brooks Koepka and Phil Mickelson tied for second at eight-under, with Koepka stumbling to shoot 73-75 over the weekend after leading entering the third round. Mickelson fired a Sunday-best 65 to tie his lowest round at Augusta National and rise up the leaderboard to his best finish at the tournament since 2015.

Russell Henley, Jordan Spieth, and Patrick Reed tied for fourth, a shot behind Koepka and Mickelson at -7, followed by Viktor Hovland and Cam Young at -6, Sahith Theegala finished solo ninth with a five-under total, and four players, including 2022 champion Scottie Scheffler, tied for 10th at -4.

The Top Four in 2024

Rahm, Scheffler, and Rory McIlroy were the three pre-tournament favorites last year and carry those same expectations ahead of the 2024 Masters. Scheffler closed with a slight edge over the other two in 2023 and has continued to experience the putting woes that caused him to finish T10 last year despite being second to Rahm in strokes gained tee-to-green.

Now having played two events with LIV Golf after signing with the Saudi-backed league in December, Rahm will defend his title and seek to become the second player to win a Major after leaving the PGA Tour. Brooks Koepka accomplished that feat first at the 2022 PGA.

McIlroy won the Hero Dubai Desert Classic in January for the second straight year. The second-ranked player in the world missed the cut at The Masters in 2023 for the second time in three years and posted a T24 finish at the Genesis Invitational in mid-February.

Beyond the lead trio, Hovland is a player on the rise, looking to capture his first Major victory after a career year in 2023. He ripped off back-to-back wins in August to win the FedEx Cup and posted his best finish at Augusta National last April (T4).

2024 Contenders

Koepka's performance in Majors during the 2023 campaign was as good as any player in the world, even considering a T64 at the Open Championship. His T2 result at Augusta marked his second career runner-up finish at The Masters, and he backed that up with a victory at Oak Hill in the PGA Championship, winning by two shots over Scheffler and Hovland.

The five-time Major champion is one of 20 players to reach that plateau, and he could have won two Majors last year if not for a disappointing weekend that cost him the green jacket.

Jordan Spieth does have a Masters win to his name and a green jacket in his locker, but the volatility of his game has caused varied results at Augusta in recent years. His last five finishes in The Masters, beginning in 2019, are T21, T46, T3, Missed cut, and last year's T4.

Spieth gained over half a shot on the field in every strokes gained category at the 2023 Masters, and had three top-6 finishes in five events from December through February to begin this year.

Xander Schauffele and Patrick Cantlay, the fifth- and sixth-ranked players in the OWGR, are both still searching for Major #1. Schauffele has three top-ten finishes, including two top-three results, at Augusta National, while Cantlay has just one top-ten in six appearances as a professional.

Will Zalatoris burst onto the scene at the 2021 Masters, gaining nearly a shot on the field off the tee and approaching the green to finish one shot behind eventual champion Hideki Matsuyama. He finished tied for sixth in 2022 before missing last year's tournament while recovering from injury. Zalatoris tied for second at Riviera, his best result since returning to the course in December.

Rising star Ludvig Aberg from Sweden won twice in 2023 after turning pro in June and will compete in his first Major at the 2024 Masters. The long, straight driver of the ball that he is, Aberg has risen to 11th in the world rankings and has a game that should translate well to Augusta.

Major winners Cameron Smith, Justin Thomas, Collin Morikawa, Dustin Johnson, and Matsuyama still lurk on the odds list with solid value if they can recreate past success in big tournaments.

2024 Long Shots

Sungjae Im has enjoyed success at Augusta National in four professional appearances, finishing in the top ten twice and peaking during his debut with a T2 in 2020. He's struggled to begin 2024 but has time to correct his current form before April.

Past champion Patrick Reed is always a threat at this tournament. The former Augusta State player won in 2018 and has three top-ten finishes since then, including his T4 in 2023. It would not be surprising to see him compete yet again.

Two-time Masters runner-up Justin Rose finished T16 last year and has gained over a shot to the field on the greens during the previous three editions. He needs to putt well to make up for average numbers off the tee, and he missed the cut in 2022 when he lost nearly 1.5 shots per round approaching the green.

We'd be remiss not to mention Tiger Woods, who can be played at +10000 or longer. He tied the record for consecutive cuts made at the Masters last year, and while his sixth victory here would be a shock, you can never completely count out the Cat.

Best Bet: Viktor Hovland +1500 (FanDuel)

Hovland's form hasn't been stellar to begin this year, but it wasn't in 2023 either, and the Oklahoma State product continued to improve before his T7 finish last April.

His numbers off the tee and on the greens have been good enough to win in past years, but his short game has been exposed by Augusta. If he can stabilize that part of his game, we love his chances to win his first Masters.

Best Bet: Will Zalatoris +2500 (Caesars)

All Zalatoris does at Augusta is compete. We're bullish on his strong result at Riviera and how that bodes well for this tournament, and his strokes gained numbers have been consistently good to great since the American Express in January.

Zalatoris's putting, specifically putts within six feet, has been cause for concern, but if that club stays hot through April, it could be his turn to don the green jacket.

Best Bet: Sungjae Im +6500 (FanDuel)

Im's record at this tournament helps us overlook his recent poor results. Augusta National is a unique venue that suits some players and completely baffles others. Im is someone who seems to feel comfortable there.

We don't mind taking Im at this number one bit for a player with longer odds but a high upside.

April 10th Update

Scottie Scheffler broke away from Rory McIlroy and Jon Rahm on odds lists for The Masters following his victories at Bay Hill and TPC Sawgrass. According to DataGolf, the #1 player in the world has gained an average of 3.16 shots per round on the field over his last eight events. Scheffler’s last six events have produced six top-ten finishes, four top-fives, and two wins. The golf world will watch with bated breath when he has his first par putt of three feet or longer this weekend.

McIlroy and Rahm remain the likeliest contenders to win other than Scheffler in the eyes of the oddsmakers. They’re followed by Xander Schauffele, who has three top fives in his last four starts, and Brooks Koepka, who was in position to win last year’s green jacket after two rounds.

Our best bets can all be wagered on at longer odds now than when we first made our selections. Viktor Hovland is +4000 on DraftKings while Will Zalatoris is +4500, and Sungjae Im is +12000 on FanDuel. None of these players have produced recent results that give us confidence, but for those who waited and still think our best bets are the right place for your hard-earned money, the upside just got that much greater.

Happy Masters week to all who celebrate, and best of luck!

Past Winners of the Masters

The Masters is considered by many to be the granddaddy of all major tournaments. If you're curious about any of the winners of the Masters since the turn of the century, the following list will help provide you with some answers.

Here are the winners of The Masters from 2000 to 2023:

Year Winner
2023 Jon Rahm
2022 Scottie Scheffler
2021 Hideki Matsuyama
2020 Dustin Johnson
2019 Tiger Woods
2018 Patrick Reed
2017 Sergio Garcia
2016 Danny Willett
2015 Jordan Spieth
2014 Bubba Watson
2013 Adam Scott
2012 Bubba Watson
2011 Charl Schwartzel
2010 Phil Mickelson
2009 Angel Cabrera
2008 Trevor Immelman
2007 Zach Johnson
2006 Phil Mickelson
2005 Tiger Woods
2004 Phil Mickelson
2003 Mike Weir
2002 Tiger Woods
2001 Tiger Woods
2000 Vijay Singh

FAQ About The Masters

Are you a fan of golf trivia? If so, you'll love this section of commonly asked questions and answers. Simply reading the following section will turn you into a golf history buff in no time.

Have a question about The Masters that we didn't cover here? Email us at [email protected], and we'll get it added. You can also reach us on Twitter @EatWatchBet

What golfer has won the most Masters titles?

Jack Nicklaus has won the most Masters titles, with a total of 6 wins.

Who won the first Masters Tournament?

The first Masters Tournament was won by Horton Smith in 1934.

When did Augusta National Golf Club open?

Augusta National Golf Club opened on December 18, 1932.

What hole is considered the toughest at The Masters?

The 12th hole at Augusta National Golf Club, the site of The Masters tournament, is widely considered to be the toughest hole on the course. The 12th hole is a challenging par 3 that features a narrow green surrounded by bunkers and Rae's Creek. The hole has been the site of many critical shots and has been known to cause problems for even the best golfers in the world.

What is Amen Corner at Augusta National?

Amen Corner is a term used to describe a specific stretch of holes at Augusta National Golf Club, the site of The Masters tournament. Amen Corner consists of holes 11, 12, and 13 and is considered one of the most challenging and iconic parts of the course. The term "Amen Corner" was coined by sportswriter Herbert Warren Wind in a 1958 Sports Illustrated article, and has since become a staple in golf terminology. This stretch of holes is known for its picturesque scenery and challenging golf shots and is considered a pivotal part of the tournament.

Who shot the lowest-ever score at The Masters?

The record for the lowest-ever score at The Masters is held by Tiger Woods, who shot an 18-under-par 270 in the 1997 Masters tournament. This performance established Woods as a dominant force in golf and marked the beginning of his incredible run of success in major tournaments.

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