Scottie Scheffler is favored in the Masters Odds

2024 Masters Odds: Scheffler Favored For Second Green Jacket

There's all to play for heading into Sunday as world No. 1 Scottie Scheffler leads the Masters Tournament by just one stroke. He's now a heavy -115 favorite to take home his second green jacket.

Although, there are plenty of players within striking distance, as Collin Marakawa, Max Homa and upstart Swede Ludvig Aberg all sit within three shots. Any hiccup from Scheffler could open the door for one of the challengers to push through the door and leave Augusta victorious.

There's nothing better than seeing Tiger wearing red on Sunday at Augusta. Let's look at the updated Masters Tournament odds:

2024 Masters Odds

Odds To Win The Masters
Scottie Scheffler-115
Colin Morikawa+350
Max Homa+750
Ludvig Aberg+900
Bryson DeChambeau+2000
Xander Schauffele+3300
Cameron Smith+9000
Tommy Fleetwood+11000
Nicolai Hojgaard+11000
Cameron Young+12000
Cam Davis+12000
Byeong Hun An+22000

Odds as of April 14

2024 Masters Betting Picks

Xander Schauffele To Win (+3500): The guy has done everything but win a major championship, and it is finally time for him to get of the schneid. 

Schauffele comes into this Masters as the second-best player in the world from a statistical sense and with plenty of high finishes in his favor. Collecting six top 10s in eight starts this season, Schauffele has already experienced close calls at the Players Championship and the Genesis Invitational. During this span, he ranks second in strokes gained total, second in strokes gained tee-to-green, fourth in strokes gained off the tee, 11th in strokes gained approach, second in strokes gained around the green and 19th in strokes gained putting. 

Schauffele has the history at Augusta National to back it up as well as he finished on the podium in 2019 and 2021 and collected a top 10 a season ago.

Hideki Matsuyama To Win (+15000): There is an argument to be made that he is currently playing like a top-five player in the world.

Since his win at the Genesis Invitational thanks to a final-round 62, Matsuyama has rattled off finishes of T-12 at the Arnold Palmer Invitational, T-6 at the Players Championship and T-7 at the Texas Open. During this run he has been flawless from tee-to-green often gaining more than five strokes on approach per tournament and five more around the green while driving the golf ball as well as ever.

For the year, Matsuyama ranks 12th in total strokes gained, third in strokes gained tee-to-green and first in strokes gained around the green. The 2021 champion is one of two players to have finished inside the top 20 in the last four Masters and should give himself a real chance at green jacket No. 2 on Sunday.

Bryson DeChambeau To Win (+450): DeChambeau’s history at Augusta National is horrible. In seven attempts, the 2020 U.S. Open champion has never finished inside the top 20 with his best result coming in 2016 when he played as an amateur.

As a professional, DeChambeau’s best finish is T-29 and comes into this year’s Masters having missed the cut in 2022 and 2023. Despite this, DeChambeau may have to be considered at this price given his current form on LIV Golf where he has now rattled off finishes of T-9, solo fourth, T-6 and T-7. A factor in a couple major championships last year, DeChambeau may do the same this year.

Matt Fitzpatrick To Win (+6000): Don’t look now, but the 2022 U.S. Open champion is trending in the right direction.

Ever since he realized there was an unneeded weight in his driver, Fitzpatrick has been on a roll with a solo fifth-place finish at the Players Championship and a T-10 at the Texas Open. He comes into this year’s Masters with some question marks around his tee-to-green game, but his putter has kept him afloat ranking 15th in strokes gained putting 2024.

Making the cut in his last eight appearances, Fitzpatrick has connected on back-to-back top 15s at Augusta National including a T-10 as season ago where his ball-striking was magnificient.

Masters Betting History

Last 10 Masters Champions
2023Jon Rahm-12
2022Scottie Scheffler-10
2021Hideki Matsuyama-10
2020Dustin Johnson-20
2019Tiger Woods-13
2018Patrick Reed-15
2017Sergio Garcia-9
2016Danny Willett-5
2015Jordan Spieth-18
2014Bubba Watson-8

How Do Masters Betting Odds Work?

Looking at golf odds can be complicated if you’re new to betting on the sport, so don’t worry if it’s a little overwhelming at first. Learning how to bet on golf is fun and easy at Odds Shark, but it’s important to understand the basics of golf betting and odds before you go all-in on Tiger Woods to win the 2023 Masters.

If a sportsbook listed Woods at +2500 to slip on the green jacket, a $100 bet on Tiger to win the Masters would pay out $2,600 for a net profit of $2,500. Use our betting odds calculator to calculate your future winnings.

Why Is Betting On The Masters So Unique?

Make no mistake, the Masters is undoubtedly the biggest golf tournament in the world. Due to its prestige, winning the Masters is the greatest individual achievement a golfer can accomplish. For us golf bettors, too, there is no greater feeling than cashing in an outright winner on a Sunday in April. 

There is one significant edge to keep in mind about the Masters. The tournament is the only major that does not change its setting every year. Augusta National has always been the only course to host the Masters, meaning players who have a good track record at the venue are much more reliable in Masters betting.

There have been some changes to Augusta over the years, but the course has played essentially the same since the 1970s.

Masters Betting FAQ

When will the Masters be held?

The 2023 Masters will be held from April 6-9 at Augusta National Golf Club. For more up-to-date golf information, visit our PGA Tour page.

What kind of bets can I make on the Masters?

From props to futures and head-to-heads, there are several ways to bet on the action at Augusta National Golf Club! Head over to our How to Bet on the Masters page for a detailed breakdown of all your Masters betting options.

Who is favored to win the Masters?

Scottie Scheffler, Rory McIlroy, Jon Rahm and Jordan Spieth are the likeliest candidates to win the 2023 Masters Tournament, according to sportsbooks.

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