The 2023 Masters at Augusta National tees off on today!. As Jim Nantz famously said, the Masters is "a tradition unlike any other." And as we like to say, the Masters is a betting tradition unlike any other. We've got your wagers covered from all angles so you can make smarter Masters bets.
- Dates: April 6 to April 9, 2023
- Location: Augusta, Georgia
- Odds favorite: Scottie Scheffler
One of the great things about this tournament is that you can bet on Masters odds all year. Odds for the 2023 tournament opened last April. With less than two weeks to go, oddsmakers favor Scottie Scheffler and Jon Rahm.
Picks & predictions
Get your pre-tournament picks and predictions for the Masters from Covers. We also make picks for each round of the tournament at Augusta.
The prop betting menu for the Masters is the biggest of the entire golf calendar. From betting on whether there will be a hole-in-one to which golfer will finish as the top American, the options for Masters props are seemingly endless.
Projected cut line
Oddsmakers set the projected cut for his year's Masters between 146.5 (+2.5) and 148 (+4).
Past Masters winners
The Masters is played annually at hallowed Augusta National in Augusta, Ga. One of the most famous courses in the World, Augusta is a 7,768-yard par-72, featuring Ryegrass fairways and Bentgrass greens.
The private course was established in 1933 and began hosting the Masters the following year. It also began hosting the National Women's Amateur in 2019.
For the fourth straight year, the Masters paid out from an $11.5 million purse. The champion, Hideki Matsuyama, took home $2,070,000. Will Zalatoris pocketed $1,242,000 for his runner-up finish.
The coveted Green Jacket
Money isn't the only thing that golfers play for at Augusta. There's also the coveted Masters Green Jacket. This is a tradition that started in 1937 when all Augusta National members wore the jackets at the tournament to make them stand out from the public. It wasn't until 1949 that the winners began receiving the Green Jacket — and the first one was awarded to Sam Snead.
How to bet on golf
If you're betting on the Masters, you'll want to know the basics of how to bet on golf first. The most popular way to bet on golf is by simply picking the winner, which is also referred to as an outright. There are plenty of other ways to wager, however, including top finishes, head-to-head matchups, and plenty of props.
Masters betting sites
You'll find Masters betting options at pretty much every online sportsbook in the world. Most sportsbooks will allow you to bet on the winner of the next Masters tournament for most of the year, with odds changing throughout the year due to current form and injuries. Once the Masters field is set, sportsbooks will open more betting markets.
If you're looking to place a bet on the Masters, take a look at our recommendations for the best golf betting sites.
Masters Betting FAQs
The most common way to bet on the Masters is to pick who you think will win the tournament. Other common ways include betting on head-to-head matchups (one golfer against another) and who will finish in the Top 5, Top 10, or Top 20. Learn more from our how to bet on golf guide.
You can see our recommended bets for the Masters from our picks and predictions page.
Assuming that sports betting is legal in your region, the best way to bet on the Masters is by signing up for a trusted online sportsbook. Check out our betting sites reviews for the best sportsbooks in your area.