2021 Masters Odds: Johnson Favored to Go Back to Back

For the first time in PGA Tour history, a major will be played back to back, with the 2021 Masters now set for April 8-11 at Augusta National Golf Club.

Due to the COVID-19 pandemic, the 2020 edition of the most famous golf tournament in the world was postponed from its usual start date in early April. The rescheduled date for the Masters became November 12-15, 2020 – the first fall Masters in history.

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To put into perspective how unique a fall Masters was, keep this in mind: the Masters had been played 83 times since the inaugural event in 1934 and finished in April 82 times.

The only edition of the Masters that didn’t end in April was the first one, which ended in late March. The tournament was canceled from 1943 to 1945 because of the Second World War. 

When it comes to odds on which men have the likeliest chances to win the 2021 event, Bovada has you covered. Dustin Johnson, the 2020 Masters champion, is the +700 favorite in Masters odds to go back to back. Rory McIlroy (+1000), Bryson DeChambeau (+1100), Jon Rahm (+1100) and Justin Thomas (+1200) round out the top five in Masters odds.

To find out all the ways you can bet on 2021 Masters odds, we have you covered. If you’re looking for the best sportsbook to wager on Masters golf odds, check out our Best Golf Betting Sites page.

When and Where is the Masters?

Updated 2021 Masters Odds

Here’s a look at the golfers with the best odds to win the Masters:

Odds as of January 14 at Bovada

Johnson Claims Second Major of His Career at 2020 Masters

Johnson entered the Masters as the No. 1 player in the world rankings, and the American didn’t disappoint. Johnson took home his first-ever green jacket after finishing the Masters at 20 under, a tournament record.

DJ’s score is two strokes better than the previous tournament record, shared by Tiger Woods in 1997 and Jordan Spieth in 2015. Johnson also set a Masters record by recording only four bogeys, the fewest ever for a Masters winner.

Johnson’s path to winning the green jacket wasn’t a slam dunk, though. The 36-year-old bogeyed holes No. 4 and 5 in the final round to give him just a one-stroke lead over Sungjae Im at 14 under. He then carded a birdie two holes later to finish even for the front nine before notching four straight pars and three straight birdies to net him his final score of -20.

Cameron Smith (-15), Im (-15), Justin Thomas (-12), Rory McIlroy (-11) and Dylan Frittelli (-11) finished behind Johnson.

Who Are The Past 10 Masters Winners?

My 2021 Masters Pick: Collin Morikawa +3300

The 2019-20 PGA Tour season was a great one for Morikawa, as the 23-year-old used the 2020 PGA Championship as his coming-out party. Morikawa dazzled at TPC Harding Park to earn the first major of his career in a two-stroke victory over runner-up Paul Casey.

Morikawa has earned the respect of both the betting public and oddsmakers alike. He no longer has the stress of participating in his first Masters after making his debut at the 2020 tournament. Morikawa had a T-44 showing in his debut at Augusta National, but I’m expecting him to build off that and be in the mix to win the 2021 Masters.

Morikawa’s iron play is incredibly well-suited for Augusta and he’s already proven he has what it takes to win a major tournament at the highest level. At +3300, he’s offering fantastic value for golf futures bettors in Masters odds.

Will Anyone Hit a Hole-In-One at the Masters?

Since its inception in 1934, there has been at least one hole-in-one in 22 Masters (1934, 1935, 1940, 1947, 1949, 1954, 1959, 1968, 1972, 1988, 1992, 1996, 2004, 2005, 2008, 2010, 2012, 2013, 2016, 2017, 2018 and 2019).

Bryson DeChambeau recorded the first ace of his professional career here in 2019 on the par-3 16th hole on the final round.

Why is 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.

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.

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

Don’t Forget About the Masters Props

Props are arguably the most fun form of golf betting, and there’s no shortage of props available at sportsbooks for the Masters.

The variety of props can include the winner’s nationality, whether or not there will be a hole-in-one, how many players will finish under par and what color T-shirt the eventual champion will wear on Sunday.

You can find significant value in props, so while they’re meant to be fun, they’re also an excellent way to make some money. One of the most lucrative props is to bet on a specific player to either make or miss the cut.

Let’s say Player A has missed the cut at the Masters in six straight years. If Player A is getting set to tee it up at Augusta National for the seventh straight year and you can get odds on him to miss the cut in plus money, that seems like a wise wager.

Odds Shark’s Golf Pages

These pages will help you handicap your golf bets: