Masters Odds: Track the Favorites to Win at Augusta in 2026
By Zach Reger
Updated:
- Odds to win the 2026 Masters are available at online sportsbooks
- Scottie Scheffler is the favorite to win his third green jacket in five years
- See below for the latest 2026 Masters odds for all favorites and notable players in the field
There’s no tradition quite the same as ushering in spring with the first major golf tournament of the year: The Masters at Augusta National Golf Club.
I am tracking the 2026 Masters odds and will update this page after each PGA Tour event leading up to the start of the tournament. 2026 will mark the 90th edition of the Masters and will tee off on Thursday, April 19, 2026.
The odds for each golfer can vary drastically from sportsbook to sportsbook, so I average the odds from multiple top sportsbooks. Because of this, when you place your 2026 Masters picks, I recommend looking at different sportsbooks to ensure you get the best value.
Check back frequently for the latest odds to win the 2026 Masters on this page and see how the odds of your favorite golfers have moved.
2026 Masters Odds for Favorites & Top Contenders
Scottie Scheffler opened as the +360 favorite to win the 2026 Masters after a fourth-place finish in 2025. Rory McIlroy, the 2025 Masters champion, is not far behind at +425.
2026 Odds to Win the Masters
| Player | Odds |
|---|---|
| Scottie Scheffler | +360 |
| Rory McIlroy | +425 |
| Xander Schauffele | +1100 |
| Ludvig Aberg | +1200 |
| Jon Rahm | +1400 |
| Bryson DeChambeau | +1400 |
| Collin Morikawa | +1800 |
| Justin Thomas | +2500 |
| Hideki Matsuyama | +3000 |
| Brooks Koepka | +3000 |
| Tommy Fleetwood | +3500 |
| Jordan Spieth | +3500 |
| Joaquin Niemann | +3500 |
| Viktor Hovland | +3500 |
| Tyrrell Hatton | +3500 |
| Shane Lowry | +4000 |
| Patrick Cantlay | +4000 |
| Russell Henley | +5000 |
| Min Woo Lee | +5500 |
| Will Zalatoris | +5500 |
Two-time Masters champion Scottie Scheffler opened as the +360 favorite in the 2026 Masters odds. This means sportsbooks are giving Scheffler a 21.74% chance to win his third green jacket in five years. If you were to place a $20 bet on Scheffler to win right now, you would win $72 and return $92.
Odds as of June 16, 2025, at DraftKings Sportsbook. If you’re not currently betting at DraftKings, claim the best DraftKings promo code to start betting on golf at their sportsbook.
Here are some notes on the notable odds movement we have seen for the 2026 Masters.
- [June 16, 2025]Â After strong performances at the 2025 US Open, Sam Burns and JJ Spaun saw their 2026 Masters odds improve. Spaun won the US Open and moved from +14000 to +13000 to win the 2026 Masters. Burns had a T7 finish but was near the top of the leaderboard heading into Round 4. Burns’ Masters odds moved from +12750 to +7000.
- [April 14, 2025] Scottie Scheffler, the OWGR top-ranked golfer, opened as the +360 favorite to win the 2026 Masters. Scheffler finished fourth at the 2025 Masters after shooting a -8.
- [April 14, 2025] After winning his first green jacket in 2025, Rory McIlroy opened at +425 to win at Augusta National again in 2026.
2026 Masters Favorites
The favorites heading into the 2026 Masters are the top three ranked OWGR golfers. Those favorites are listed as follows:
Scottie Scheffler (+360)
Scottie Scheffler is the world’s #1 golfer, so it is no surprise that he is the favorite to win the 2026 Masters. Even years have been great for Scheffler in Augusta of late. Scheffler won the Masters in 2022 and 2024 and is now looking to secure his third green jacket in five years.
Rory McIlroy (+425)
The #2 OWGR golfer, Rory McIlroy, has the second-best odds to win the 2026 Masters. The 2025 Masters champion is not far behind Scottie Scheffler in the 2026 Masters odds at +425. McIlroy has played in 17 Masters and has eight top ten finishes with one win during his career.
Xander Schauffele (+1100)
Xander Schauffele is the third-ranked OWGR golfer. He has won two majors, but has yet to win a green jacket. At the 2025 Masters, Schauffele shot -5, which was good enough for a T8 finish. Schauffele has played in eight Masters tournaments. During that span, he made the cut seven times and had five top ten finishes.
Masters Pre-Tournament Odds
There are two types of odds in golf that players can wager on, including pre-tournament odds and live odds during the tournament. Specifically, Pre-Tournament Masters odds can provide great value to bettors on the eventual winner if they place a bet before competition begins.
Take Hideki Matsuyama’s winning round as an example in 2021. His 2021 Masters odds were as long as +4500 before competition began, and shortened to +1900 by Saturday before going into the final round as a -118 favorite.
By betting on Masters Pre-Tournament odds, you’ll get more bang for your buck as a bettor rather than waiting and seeing who plays well during the opening two rounds of competition.
Live Betting at the Masters
Conversely, if your pre-Masters picks fail to make the cut or aren’t playing well, there’s plenty of success that can be had live betting at the Masters. Learning how to live bet on golf can pay dividends at the Masters.
While the odds are constantly shifting during play, at the conclusion of each round is a perfect time to look up different stats and betting trends to make smart, in-play Masters bets.
Checking on the live leaderboard for score and data, such as strokes gained in driving, approach, and putting are also usual harbingers of success at Augusta National. Live betting a player who’s poised to get up the leaderboard on Saturday or Sunday early in the Tournament can lead to a big payoff for bettors.
Masters Betting: Best Golf Betting Promos
While there are plenty of bets to make in traditional Masters odds, as well as Masters props, many sportsbooks offer special sports betting promos for the Masters.
These can include odds boosts on some of the top players to win the Masters, special props with enhanced odds for expected outcomes like top 10 players to make the cut, as well as other offers come Masters week.
See below for some of the best golf betting sites for the Masters:
- BetMGM promo code
- FanDuel Sportsbook promo code
- DraftKings Sportsbook promo code
- Caesars Sportsbook promo code
Masters Betting Strategy
When betting on the Masters, your strategy shouldn’t stray too far from the norm of how to bet on golf.
Course history and past performance do tend to come into play more at Augusta National than other majors and tournaments, as institutional knowledge is paramount to success at the Masters.
Knowing that, it can be beneficial to bet on former champions and players that have a history of success in the Masters to either win outright, finish within the top five, ten, or 2,0 or even something as simple as making the cut.
Another one of the Masters betting trends to note is that it is nearly impossible to win the event in back-to-back years, as it’s only been accomplished three times: Jack Nicklaus in 1965-66, Nick Faldo in 1989-90, and Tiger Woods in 2001-02.
OWGR Top Ranked Golfers
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Past Masters Winners Odds
[Chart coming soon]
One of the great Masters traditions is allowing all past champions to compete, regardless of age and current skill level. Because of that, you’ll see some of these former champions who are in their 50s and 60s listed at odds of 100-1 or longer.
Masters Winner by Year: Past 10
| Year | Champion | Country |
|---|---|---|
| 2025 | Rory McIlroy | Northern Ireland |
| 2024 | Scottie Scheffler | United States |
| 2023 | Jon Rahm | Spain |
| 2022 | Scottie Scheffler | United States |
| 2021 | Hideki Matsuyama | Japan |
| 2020 | Dustin Johnson | United States |
| 2019 | Tiger Woods | United States |
| 2018 | Patrick Reed | United States |
| 2017 | Sergio Garcia | Spain |
| 2016 | Danny Willett | England |
Rory McIlroy won the most recent Masters tournament.
Masters Tournament FAQs
What are the current odds for the 2026 Masters tournament?
Scottie Scheffler is given +360 odds to win The Masters, with Rory McIlroy given +425 odds and Xander Schauffele at +1100 to round out the top three contenders.
Who is the favorite to win the Masters?
Scottie Scheffler is currently the favorite to win the 2026 Masters.
Can I bet on multiple golfers to win the Masters?
Yes, bettors can wager on as many golfers as they like.
What is the difference between pre-tournament odds and in-play odds?
The pre-tournament odds are only available before the first golfer tees off on Thursday morning. Typically, there is a little less juice on pre-tournament futures than in-play odds, but these days the difference is negligible. Some sportsbooks will open new types of wagers once the tournament begins, such as odds to birdie/par/bogey the next hole.
How do I place a bet on the Masters?
The first thing you need to do is register at an online sportsbook that is legal in your region. Then all you need to do is navigate to the golf section of your preferred site and the Masters odds will be front and center. Click on the odds associated with the golfer you want to bet, which will load that wager into your bet slip. From the bet slip, confirm the amount you wish to risk and then lock in your bet.
Can I bet on things other than the outright winner, such as top-5 finish or head-to-head matchups?
Absolutely. The list of Masters props seems to grow each and every year. Top-five, top-ten, make the cut, miss the cut, first-round leader: these are just a handful of the wager types that bettors can make on the 2026 Masters.
Are there any special promotions or bonuses for betting on the Masters?
Yes, every major sports betting app offers enticing signup bonuses for new users, and each will also offer some odds boosts or bonuses for all-users when the 2026 Masters come around.
Archived Masters Odds:
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Social Media Manager; Sports Betting Personality & Handicapper
Zach has been involved in the sports betting industry for three years. After starting to bet on sports in college, Zach was interested in how it can make any game interesting. The trends, line movement, and finding unique angles to predict the outcomes of games captivated Zach to get more involved.
