Updated: Feb 3rd, 2023

US Masters Betting February 2023

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

Bell Icon
Affiliate Disclosure: At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you. At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. More
  1. Brand Ambassadors such as Jamie Foxx
    MGM Rewards Redeemable at MGM Resorts
    Official Partner of NY Knicks, Rangers & Devils
    Promo Code
    The code required to claim this sign-up bonus (if any)
    GAMBLINGCOM
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    11
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    Yes
    BetMGM is one of the biggest sportsbooks in the US. Brand offers a broad variety of sports betting markets. It's M rewards program is uniquely rewarding.
  2. Only US Sportsbook with NFL Streaming
    Caesars Rewards Redeemable at Ceasars Locations
    Improved Odds for NY Mets & Chicago White Sox
    Promo Code
    The code required to claim this sign-up bonus (if any)
    GAMBLINGFULL
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    14
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    Yes
    Backed by Caesars Entertainment, the sportsbook provides real-life loyalty rewards for bettors. Various free bet offers on its promotions page.
  3. Brand Ambassadors like Shaquille O'Neal & Ben Affleck
    WynnBET Weekdays Free Bet Rewards
    WynnBET Win Hour Boosted Odds
    Promo Code
    The code required to claim this sign-up bonus (if any)
    XGDC
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    10
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    No
    WynnBET provides a variety of promotions, many of which reward you with free bets if you play at the right time. WynnBET Reward program with bet credits rewards.
  4. Powered by 888sports
    Recommended Bets Based on Past Wagers
    Perfect 10 Free Predictor Game
    Promo Code
    The code required to claim this sign-up bonus (if any)
    GAMBLING200
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    12
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    No
    Using 888sports betting platform, SI Sportsbook provides the same promotions and wide range of sports markets. The sportsbook is available on iOS and Android
  5. Official Live Streaming of MLB Games
    Free-To-Play Prize Pool Games
    Official Partner of the NBA, Including NBABet Stream
    Promo Code
    The code required to claim this sign-up bonus (if any)
    not required
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    19
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    Yes
    DraftKings is one of the biggest US sportsbook brands. Also provides Daily Fantasy Sports, an online casino, and NFT marketplace.
  6. 6
    FanDuel Sports
    Established 2009
    More Details
    'Operator of the Year' 2021
    MLB Same Game Parlay $20 Refunds
    Official Partner of the NFL, NBA, NHL, & MLB
    Promo Code
    The code required to claim this sign-up bonus (if any)
    not required
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    18
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    No
    FanDuel is one of the biggest sportsbook operators in the US. Backed by Flutter Entertainment, one of the biggest gambling operators globally.
  7. Hallmark Points Spread Betting System with High Potential Rewards
    BetCast Platform with Live Odds while Streaming
    Partner of NBC Sports
    Promo Code
    The code required to claim this sign-up bonus (if any)
    not required
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    10
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    Yes
    PointsBet boasts the unique points betting wager type you can't find at any other US sportsbook. It offers a generousw welcome bonus to new users.
  8. Bet on Same Game Parlays to Receive Free Bets
    Backed by Rush Street Gaming, Founded in the 90s
    20% MLB Profit Every Tuesday
    Promo Code
    The code required to claim this sign-up bonus (if any)
    GAMBLING
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    9
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Cash Out
    Can you cash out of bets before an event has finished?
    Yes
    First Bet Offer
    Yes
    BetRivers provides a wide range of free bet promotions for major league sports. Also offers the iRush Rewards program.

US Masters Betting Tips

Masters Best Bets, Expert Tips & Complete 2021 Betting Guide
Masters Best Bets, Expert Tips & Complete 2021 Betting Guide
Who are the best bets for the 2021 Masters as the year’s first major takes its rightful place in ear...
Biggest Long Shots To Win The US Masters Since 1990
Biggest Long Shots To Win The US Masters Since 1990
These golfers who won the Masters had the longest odds when they teed off at Augusta National, stunn...

Masters Odds 2023

GolferOdds
Rory McIlroy+700
Jon Rahm+800
Scottie Scheffler+1200
Cameron Smith+1300
Justin Thomas+1600
Jordan Spieth+2000
Dustin Johnson+2000
Patrick Cantlay+2100
Xander Schauffele+2100
Collin Morikawa+2200

Betting on the Masters

The Augusta Masters takes place in April of every year and, 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 be used to inform your betting.

Masters golf betting is a growing phenomenon. The tournament has the smallest amount of starters in any major, with between 90-100 playing at Augusta each year, making Masters golf betting markets more narrow than other majors.

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 that 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 that 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 that play well in the week before The Masters.

This rule of thumb applies to other tournaments.

Masters Golf 2023 Betting Tips

Seek Strong Par 5 Players | If you are selecting a tournament winner try to focus on big hitters that 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 that 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 title - Nicklaus, Faldo and Woods.

Guides Every Masters Bettor Needs to Read


Top Masters Golf Betting Markets

Tournament Winner | As with most other golf tournaments, Masters betting sees a lot of its focus around the tournament winner at the top NJ sports betting sites and top PA sports betting sites. 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 years Masters tournament can be a good indication as to what way the tournament board will end up, however there is often good value in backing outsiders.

Match Bets | This market remains popular in both 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

Name:YearTotal ScoreTo Par
Scottie Scheffler2022278-10
Hideki Matsuyama2021278-10
Dustin Johnson2020268-20
Tiger Woods2019275-13
Patrick Reed2018273-15
Sergio Garcia2017279-9
Danny Willett2016283-5
Jordan Spieth2015270-18
Bubba Watson2014280-8
Adam Scott2013279-9

Tournament Traditions

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

Since 1949, all members receive a green jacket, as does the winner of each Masters tournament. The winner of the tournament 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 Masters winner gets to select the menu for a gathering of previous winners. Some bookmakers will offer the winner’s menu choice as a specials market.

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

Tournament History

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 22nd 1934, and beginning in 1940, it was scheduled to take place every year during the first full week of April. Masters Golf betting tips and odds traditionally come out during a couple of weeks preceding the tournament, although bookies do offer ante-post markets well in advance of April.

Check out US sports betting sites to know about sign up process, where you can bet online, what sports you can bet on etc.

Augusta National Golf Club Course

HoleNameYardsPar
1Tea Olive4454
2Pink Dogwood5755
3Flowering Peach3504
4Flowering Crab Apple2403
5Magnolia4554
6Juniper1803
7Pampas4504
8Yellow Jasmine5705
9Carolina Cherry4604
10Camellia4954
11White Dogwood5054
12Golden Bell1553
13Azalea5105
14Chinese Fir4404
15Firethorn5305
16Redbud1703
17Nandina4404
18Holly4654

FAQ


The Masters runs from April 10-12, 2022.

The Masters is held at Augusta National Golf Club in Augusta, Georgia.

Yes, if you live in one of the states that has legalized sports betting.

Americans can bet on the Masters in nearly half the states across the country including: Nevada, New Jersey, Pennsylvania, Iowa, Indiana, Illinois, Michigan, Tennessee, Virginia, Washington DC, Mississippi, New Mexico, West Virginia, Delaware and Rhode Island.

Hideki Matsuyama won the 2021 Masters with a score of 278 (-10).

The Masters will be televised on ESPN on Thursday and Friday, and on CBS on Saturday and Sunday.

Contributors

Contributors

Hi, I'm Dan Kilbridge

"An experienced bettor with a decade writing about sports and gambling, Dan's expertise includes college football, college basketball, golf, the NFL and more."

Interests
  • Sports Betting
  • College Football
  • Political Betting Markets

Reviewer since September 2019

×