Despite having a population of barely 200,000, eyes all across the world turn to Augusta, Georgia for four days every single year. The cause, of course, is the Masters. It’s not only the most famous golf tournament around (with all due respect to the Open Championship and US Open), but one of the most famous sporting events. Millions of viewers tune in annually – in the US and abroad – to watch the top golfers on the planet battling it out. Along with wanting to enjoy sporting excellence, a good portion of these viewers are also interested in Masters betting.
In this Masters betting guide, we’ll tell you everything you need to know about betting on this prestigious tournament. We’ll list the best sites which cover it, explain the most popular markets, give you some top Masters golf betting tips, and plenty more besides.
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For British bettors, golf betting isn’t quite a top-level market, on the same plane as football or horse racing. It definitely belongs in the next tier though – along with the likes of tennis and cricket. As such, there are dozens of sites out there which will support your betting on the Masters.
When selecting between them, you can either opt for one of our top 10 Masters betting sites, or choose to go your own way. If you take the latter route, these are the main factors you should focus on.
Once you’ve identified the bookmaker you want to use, it’s time for the fun to begin. As you might expect for such a massive tournament, there’s a huge amount of variety when it comes to Masters betting odds. Some markets cover the entire four days, while others zoom in on incredibly specific and minor outcomes.
While there are dozens of bet types available for betting on the Masters each year, these are the most popular ones you should focus on.
This is the most basic bet type of all. Quite simply, you’re betting on who you think will win the entire tournament. That might sound straightforward, but remember that there are still 100 different players in the Masters each year – many of whom have the ability to triumph – making this is a tricky wager to win.
SpreadEx have outright winner bets available on every single Masters competitor, and its odds are highly competitive.
Visit SpreadEx for the best Outright winner odds on the Masters
This is basically a safer alternative to an outright winner bet. As in other sports, golfing each ways consist of two parts – win and place. You’re still picking one player here, and – if he does triumph – the ‘win’ part of your each way will pay out. If he doesn’t win but finishes in a certain range, however, the ‘place’ part kicks in. Five places will typically be covered, and – although the odds will usually be low at around 1/4 – at least you’re still getting a return.
Paddy Power is definitely the best bookie around for Masters each ways, paying out on an exceptional eight places.
Visit Paddy Power for Each Way odds on the Masters
Golf is obviously an individual sport, but players still go around the golf course at Augusta in groups of three. While these aren’t technically ‘head-to-head’ groups, certain betting sites – like Unibet – will let you bet on them as if they were. This can be a lot of fun, basically creating a mini-tournament for your wager, in which you’re rooting for one of those three players to post a better score than the other two.
Visit Unibet for head-to-head matchup markets on US Masters
The Masters is definitely a marathon, not a sprint, taking place across four gruelling rounds. You can capitalise on both the excitement and unpredictability of the first of those by placing a Round 1 Winner wager. As you can guess, this involves predicting the player with the lowest score after the first day, and Betfair gives you ample opportunity to do just that.
Visit Betfair for Round 1 Winner Odds
100 players might begin the Masters on Thursday each year, but only half of them will actually last until the final round. You can wager on who you believe is going to make it (or not make it), with MansionBet being one of the few sites which regularly allows this.
Visit MansionBet for Make the Cut markets
These aren’t the most popular of Masters bets, but are fun markets which are definitely worth a minor punt or two, which you can find on sites like Grosvenor Sport. There are a few ways you can go here. Top American Player is arguably the most popular nationality prop, but Top Rest of the World Player is fun too, and – in some cases – you’ll be able to get a Top Great Britain and Ireland Player bet down too.
Visit Grosvenor Sport for Nationality Props markets on the US Masters
In addition to the ones mentioned above, there are a huge range of possible Masters props out there. A popular fun wager is ‘Will There Be a Hole-in-One?’, but you can also take over/unders on the cut line, the lowest single-round score, the number of players who will finish under par, and plenty more outcomes. The biggest UK bookies around who also have a ‘request a bet’ feature – like Paddy Power and William Hill – will give you odds on just about any prop you can think of.
Visit Paddy Power for Tournament Props on the Masters
As noted, while there’s plenty of variety in the Masters betting markets you can use, Outright Winner does tend to dominate the discourse during the build-up each year. Even if you’re leaning towards placing each ways instead, these will still give you an excellent idea of the favourites, which players might be overvalued, and who might be a good underdog pick.
At the time of writing, these are the 10 favourites for the 2023 tournament, along with their odds at three top betting sites (per our Masters betting guide).
Player | Paddy Power | Unibet | QuinnBet |
Dustin Johnson | 8/1 | 7/1 | 8/1 |
Bryson Dechambeau | 9/1 | 10/1 | 9/1 |
Justin Thomas | 10/1 | 10/1 | 11/1 |
Jon Rahm | 11/1 | 11/1 | 10/1 |
Jordan Spieth | 12/1 | 12/1 | 14/1 |
Rory McIlroy | 14/1 | 12/1 | 12/1 |
Brooks Koepka | 20/1 | 16/1 | 14/1 |
Xander Schauffele | 22/1 | 20/1 | 20/1 |
Patrick Cantlay | 22/1 | 25/1 | 18/1 |
Collin Morikawa | 22/1 | 28/1 | 25/1 |
As with other sports, there’s no defined path towards Masters betting success. Instead, it’s a mixture of art and science, in which you must blend cold, hard facts with your own judgement.
With that said, there are definitely moves you can make to boost your chances. These are our three top Masters betting tips for 2023.
Research is fundamental to all consistent betting success. For your US Masters betting in 2023, however, you must take a different approach.
The Masters tournament normally takes place each year in April. Due to the Covid-19 pandemic though, the edition last year was delayed until November, meaning only five months will have passed between tournaments.
With so little time having elapsed, it’s more imperative than ever to research players’ form since the last tournament. See if you can identify anyone who’s taken their foot off the gas since November 2020. Or, try to find players who came up short in the last tournament, but seem to have been spurred on by their failure. The former route may help you avoid mistakenly backing a ‘safer’ pick, while the latter will help you find value lower down the odds tables.
It’s true that picking a single golfer to win a tournament, from a field of 100, is a tricky task. That said, picking a Masters winner – or at least a high-finisher – is more straightforward than you might think.
For 35 tournaments in a row, the Masters winner has been in the top 50 of the world golf rankings. As such, you can throw out half the starting field straight away. Elsewhere, the last winner at odds of 100/1 or greater was Angel Cabrera in 2009 (and that was only after a play-off). The last winner at 90/1+ was Charl Schwartzel, in 2011. Look at the 2023 Masters betting odds, and you’ll see this rules out another 10 entrants. So, your starting field of 100 has now been reduced by 60%, making your task a whole lot easier.
To really hammer things home, the past 11 Masters winners have all been in the top 30 worldwide. In short, backing a long-shot will get you huge odds, and is obviously fun – everyone wants to wager on the next Cabrera, who headed into the 2009 Masters at around 99/1. In reality though, the smarter approach is to play it safe, and – quite simply – back one of the very best golfers in the world to deliver the goods.
Add our two previous Master betting tips together, and one name probably stands out – Dustin Johnson. He’s played five tournaments since earning the green jacket in 2020, winning one and finishing eighth and 11th in two others. He’s the top-ranked golfer in the world, and is the clear favourite at just about every sportsbook.
Seems like a safe pick, right? Well, it’s not that easy. The Masters is an incredibly hard title to defend, akin to the Champions League in football. Since 1960, just three golfers have retained the Masters – Jack Nicklaus, Nick Faldo, and Tiger Woods. Even greats like Arnold Palmer and Phil Mickelson have failed to do so. Since 2007, only one defending champion has even finished in the top 10 (Jordan Spieth, in 2016). In the past four years, they have finished 38th, 36th, and missed the cut twice.
If something feels too easy – particularly in betting – that’s because it probably is. Johnson might technically be the best player in the world, but all the signs point to him being a poor choice to back in 2021, either as an outright winner or even on an each way. Leave DJ aside, and stick your money on one of the many other excellent options instead.
As noted earlier in our US Masters betting preview, it’s basically unheard-of to find live streaming of this tournament on a UK betting site. If you want to watch the action for yourself (legally), you’ll need to pay for it.
Sky is the main British broadcaster of the Masters. Existing subscribers can watch along on the Sky Sports Golf channel, or – if you don’t have a subscription – you can simply get day passes or single-month passes via NOW TV. If you’re happy to wait until the end of the day’s action for the highlights, these can be watched for free on BBC Two or BBC iPlayer.
The Masters itself might be out of the question, but it’s much easier to stream other tournaments on sports betting sites. You can find three of your top options for doing so below.
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As usual, 100 players will enter the tournament on Thursday. They will all play the first two rounds, then the field will be cut to 50 (plus ties) for the remaining two rounds across the weekend. Come Sunday, the players will head out for the final time in reverse order, meaning the favourites at that stage will start their round last.
While some things about Augusta are predictable – as covered in our Masters golf betting tips – there’s still a whole lot of variance. That’s particularly true for both the overall winner, and the winning score. As you can see below, the last 10 tournaments have followed no pattern whatsoever, in either respect.
Bear this unpredictability in mind when making your picks, either by moderating your stakes, taking each ways instead of outright winners, or going conservative on your over/unders where possible.
Year | Winner | Winning Score |
2020 | Dustin Johnson | -20 |
2019 | Tiger Woods | -13 |
2018 | Patrick Reed | -15 |
2017 | Sergio Garcia | -9 |
2016 | Danny Willett | -5 |
2015 | Jordan Spieth | -18 |
2014 | Bubba Watson | -8 |
2013 | Adam Scott | -9 |
2012 | Bubba Watson | -10 |
2011 | Charl Schwartzel | -14 |
Betting on the US Masters isn’t easy. There’s simply a huge amount of information to take into account, from recent form, to Masters history, to the betting odds and markets that are actually available to you.
Once you dive in though, you’ll quickly see what all the fuss is about. Wagering on the Masters makes an already-exciting tournament even more thrilling. With so many betting options and players to choose from, nailing a wager here is incredibly rewarding.
If you feel ready to get started with US Masters golf betting, you’ve got two options. The first is to take the DIY approach to finding a bookie, using the variety of tips in this guide to the Masters betting. The second – and quicker – route is to simply pick one of our top 10 recommended options, trigger the welcome offer, and start having fun.
You can see a top 10 list of your best options at the top of this page, along with the best characteristics of each. To save you some time though, SpreadEx and Paddy Power are definitely the two names you should look at first.
Three top tips are explained in full within this guide. Our most important overall advice, however, is to do your research. Look at players’ recent form, the history of the Masters, experts’ betting tips, bookies’ own betting guides, and any other information you can find.
Most top sportsbooks will preview the Masters each year. In our view, Betfair stands right at the top of the pile. Its guides are usually extremely detailed, with excellent statistical analysis, and make sound recommendations for both the exchange and sportsbook.
Not with a betting site. To watch the Masters in the UK, you’ll need either a regular subscription to Sky, or a short-term pass from NOW TV. You can also watch highlights for free on the BBC.
You’ll be able to use the bonus from the vast majority of regular welcome offers on the Masters. Many bookies also provide deals specifically for the tournament. Unibet, for example, give you a 25% live profit boost to use each day. Other sites provide ‘money back if runner-up’ specials, early payouts if your outright winner is top after the first round, extra places on your each ways, and so on.