Masters Odds

2023 Masters Odds: Rahm Delivers

The 2023 Masters is over. Spanish golfer Jon Rahm was a heavy favorite for most of the tournament and delivered on his odds, slipping on the green jacket for his first ever Masters win.

Rahm opened the weekend third in Masters odds, meaning it wasn't a great event for our Masters sleepers and long shots picks. But, it was a great weekend for anyone who got in on Rahmbo early.

Below, we have the 2023 Masters odds heading into the final Sunday round as well as some general Augusta National betting tips to prepare for the 2024 tournament:

Sunday 2023 Masters Odds: 

2023 Masters Odds
GolferOdds
Jon Rahm+330
Scottie Scheffler+500
Brooks Koepka+550
Viktor Hovland+1000
Jason Day+1200
Cameron Young+1800
Jordan Spieth+2000
Rory McIlroy+2000
Collin Morikawa+2500
Sam Burns+2500
Tony Finau+2500
Xander Schauffele+2500
Cameron Smith+4000
Justin Thomas+4000
Shane Lowry+4000

Odds as of April 7, 2023

What To Know About Betting Augusta National

August National is one of the most iconic and difficult courses on the PGA Tour. It plays over 7,400 yards and has one of the longest average par 4/5 lengths on the tour. With wide fairways and difficult play around the greens, there are two key stats to home in on when picking a Masters winner this year: greens in regulation and driving distance.

If players can boom one down the wide fairways and then get on the green, they’ll have a good shot at chasing the green jacket. Four of the top 10 players in greens in regulation in 2021 (Scheffler, Conners, Zalatoris and Im) finished inside the top eight at that year’s Masters.


Masters Betting History

Last 10 Masters Champions
YearGolferScore
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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