Best Masters Betting Sites for 2025

Masters betting is a growing phenomenon that continues to swell in popularity year on year. The tournament has the smallest number of starters in any major, with between 90 and 100 players playing at Augusta each year, making Masters golf betting markets more narrow than other majors.

If you want to take a swing with golf betting sites, there’s no better place to start than with The Masters. Check out our guide, which is complete with tips, strategies, and news to make you a more informed bettor.

How to Bet on the Masters

The Augusta Masters takes place in April of every year. Unlike the U.S. Open, British Open, and PGA Championship, it is held at the same location each year at Augusta National Golf Club, meaning past performance can inform your betting.

Previous winners of the Augusta Masters are allowed to re-enter the competition as many times as they like, so the field is often saturated with golfers who are past their prime. This makes the field bet fairly redundant when it comes to the Masters, and sometimes odds are slimmer than you would normally see.

As a result, expect younger golfers who play well in the weeks preceding the Augusta Masters (keep an eye on the PGA tour) to shorten in price. Pay further attention to big names who play well in the week before the Masters.

This rule of thumb applies to other tournaments.

Masters Golf Betting Tips

• Seek Strong Par 5 Players: If you are selecting a tournament winner, try to focus on big hitters who do particularly well on par 5s. Most Masters winners have played the par 5s in -9 under par.
• Look for Draw Ball Naturals: Due to the way that Augusta is laid out, the course suits golfers who can curve the ball effectively from right to left. Plenty of fairways are doglegs in this regard, so golfers who naturally draw the ball tend to be at an advantage, something often included in Masters golf betting tips.
• Stay Away From the Defending Champ: Defending the green jacket is virtually unheard of at The Masters, which may seem surprising, considering that 17 golfers have won the tournament more than once. Only three top professionals have managed to retain their titles: Jack Nicklaus (1965-66), Nick Faldo (1989-90), and Tiger Woods (2001-02).

Top Masters Golf Betting Markets

• Tournament Winner: As with most other golf tournaments, Masters betting focuses heavily on the tournament winner at the top online sportsbooks. Pay close attention to the PGA tour events that take place before the Masters.
• Masters Top-10 Finish: The Top 10 finishing position market is also popular when it comes to Masters betting. Looking at the top 10 from the preceding year's Masters tournament can be a good indication as to how the tournament board will end up; however, there is often good value in backing outsiders.
• Match Bets: This market remains popular in major and international tournaments, such as the Ryder Cup. Bets are placed on who will shoot the lowest out of a two—or three-ball group, leading to some spectacular finishes coming down the 18th fairway.

Previous Masters Winners

Masters Tournament Traditions

The Augusta National Golf Club has changed significantly over the years, but certain traditions remain diligently guarded. Membership is strictly by invitation only.

Since 1949, all members have received a green jacket, as does the winner of each Masters tournament. The winner must return his jacket to the clubhouse one year after his victory, where it is stored with other champions’ jackets in a designated cloakroom.

A Champions Dinner evening takes place prior to the Masters, at which the most recent tournament winner gets to select the menu for a gathering of previous winners. 

Since 1960, a social contest has been played on the Wednesday before the Masters tournament on the par-3 course.

History of the Masters Tournament

The Augusta Masters was started by amateur champion Bobby Jones and investment banker Clifford Roberts, who both banded together to build the course, which opened in 1932.

The tournament was first played in 1934 and became immeasurably popular quite quickly due to Jones’s popularity and connections within the game.

The first Masters golf tournament began on March 22, 1934, and beginning in 1940, it was scheduled to take place every year during the first full week of April. 

About the Augusta National Golf Club Course