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Masters Odds, Predictions & Best Bets for 2024

Sascha Paruk

by Sascha Paruk in Golf

Updated Apr 10, 2024 · 12:57 PM PDT

2022 Masters champion Scottie Scheffler puts the Green Jacket on 2023 winner Jon Rahm
Apr 9, 2023; Augusta, Georgia, USA; 2022 Masters champion Scottie Scheffler helps Jon Rahm into his green jacket after the final round of The Masters golf tournament. Mandatory Credit: Danielle Parhizkaran-USA TODAY Network Pga Masters Tournament Final Round
  • The 2024 Masters odds heavily favor world #1 Scottie Scheffler, who won the Green Jacket two years ago
  • Jon Rahm, the reigning champion at Augusta National, is listed as the third-favorite behind Rory McIlroy
  • See the 2024 Masters odds, predictions, and best bets

“A tradition unlike any other” returns this week when the 2024 Masters Tournament tees off from Augusta National Golf Club in August, GA, on Thursday, April 11.

To no one’s surprise, world #1 Scottie Scheffler enters the 2024 Masters as the betting favorite, but his short price to top this year’s 89-man field may catch some off guard. Scheffler is listed at +400 to win his second Green Jacket. No other player is shorter than +1000.

Masters Odds 2024

Golfers Odds to Win Top Five Top Ten
Scottie Scheffler +400 +105 -200
Rory McIlroy +1000 +230 +110
Jon Rahm +1200 +275 +125
Xander Schauffele +1600 +320 +140
Brooks Koepka +1800 +360 +175
Hideki Matsuyama +2200 +400 +180
Jordan Spieth +2200 +450 +200
Joaquin Niemann +2500 +500 +230
Ludvig Aberg +2800 +500 +230
Cameron Smith +3000 +650 +280
Will Zalatoris +3000 +650 +280
Wyndham Clark +3000 +600 +275
Justin Thomas +3500 +750 +320
Patrick Cantlay +3500 +650 +280
Viktor Hovland +3500 +550 +260
Bryson DeChambeau +4000 +800 +350
Dustin Johnson +4000 +800 +330
Matt Fitzpatrick +4000 +750 +330
Collin Morikawa +5000 +900 +400
Max Homa +5000 +900 +400
Sahith Theegala +5000 +1000 +400
Shane Lowry +5000 +850 +360
Cameron Young +5500 +1000 +400
Sam Burns +5500 +1000 +400
Tyrell Hatton +5500 +1100 +450

Rory McIlroy is the second-favorite at +1000 followed by reigning-champion Jon Rahm at +1200. Xander Schauffele (+1600) and Brooks Koepka (+1800) round out the top-five betting favorites. Check out Fanatics Sportsbook for the latest Masters odds boosts and a $1k sign-up promo today!

Scheffler Comes into Masters Red Hot

Scheffler’s short price starts to look more reasonable when juxtaposed with his recent results. The world #1 has two wins in his last three starts (including against world-class fields at THE PLAYERS and the Arnold Palmer) and finished T2 in the other. He’s finished in the top ten in six of his seven events in 2024, and no worse that T17 (The American Express).

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Scheffler leads the PGA Tour in strokes gained by a massive margin. At 2.812, Sheffler is nearly a full stroke ahead of second-ranked Xander Schauffele (1.943). The gap between Scheffler and Schauffele is bigger than the gap between Schauffele and 13th-ranked Si Woo Kim (1.083).

Rahm Has Been Solid in LIV Golf

Reigning Masters-winner Jon Rahm will be playing his first PGA event since moving to LIV Golf at the end of the 2023 season. The 29-year-old Spaniard hasn’t won a LIV tournament yet, but he also hasn’t finished worse than T8 in the 50-plus-player fields. He has three top-fives in five LIV events in 2024, most-recently finishing T4 at LIV Golf Miami last week.

Rahm has a phenomenal history at Augusta; in seven starts, he has one win (2022) and four more top-ten finishes. He’s never finished worse than T27.

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Rahm sits third in the OWGR rankings (trailing Scheffler and McIlroy) and third in the OWGR’s strokes-gained metric (trailing Scheffler and Schauffele).

Shane Lowry Trending Up at Augusta

Irishman Shane Lowry had a rough go in his first several tries at the Masters, missing the cut in three of four starts from 2015 to 2019. But his last four starts at Augusta have been much better. Lowry has made the cut in all four and finished no lower than 25th, including a career-best T3 in the 2022 edition.

Lowry comes into the 2024 Masters playing well. He’s finished top-20 in three straight PGA events, most-recently finishing T19 at THE PLAYERS. His best result this season was a solo third-place at the Arnold Palmer. He ranks seventh on tour in strokes gained

Masters Predictions 2024

I’m not prepared to wager on Scheffler at such short prices, but I do like the value on Rahm to finish in the top ten (+125). I am also going to take Lowry to win his head-to-head matchup against Sahith Theegala and Tommy Fleetwood. Fleetwood has made the cut at six straight Masters but never finished better than T14. The 26-year-old Theegala finished ninth last year in his first-ever Masters and is showing a ton of promise, but I will still bet on Lowry’s experience winning out.

I’ll likely add another H2H pick when the two-player matchups are posted.

2024 Masters picks:

  • Rahm top-ten finish (+125)
  • Lowry (+180) over Theegala and Fleetwood


Sascha Paruk’s 2024 PGA Tour betting record:

  • Overall: 6-9 (-3.25 units)
  • H2H picks: 4-1 (+2.25 units)
  • Nationality picks: 1-0 (+1.10 units)
  • Top-X finish picks: 1-8 (-6.60 units)

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