2023 Masters Odds: Early Betting Favorites and Analysis

2023 Masters Odds: Early Betting Favorites and Analysis

The first of golf’s four major championships is just two weeks away. Up next is the Valero Texas Open, with some golfers using it as a final tuneup for the big event that begins April 6, the Masters.

There was no correlation between the top of the leaderboards at the Valero Open and the Masters last year. But in 2021, Jordan Spieth was the winner in Texas, and he missed out on being the winner a week later at Augusta by just three strokes.

So these odds are subject to change, depending on what goes down this week in San Antonio. The early odds are out, so let’s take a look at those Masters Odds and what we can expect.


2023 Masters Odds: Early Betting Favorites and Analysis

Tours: PGA Tour | European Tour | Japan Golf Tour
When: April 6–9, 2023
Where: Augusta National Golf Club, Augusta, Georgia, U.S.
Par / Length: 72 / 7,510 yards (6,867 m)

Favorites to Win Masters

Scottie Scheffler +700
Rory McIlroy +700
Jon Rahm +800

There are three golfers who are a cut above the rest. Scottie Scheffler, Rory McIlroy, and Jon Rahm are the favorites to win at Augusta this year by a healthy margin over anyone else in the field. However, it should be noted that only Scheffler has actually won the Green Jacket, which he did last year.

If Scheffler can repeat, he would be the first back-to-back Masters champion since Tiger Woods in 2001 and 2002.

If McIlroy were to win at Augusta, he would complete the Grand Slam. He hasn’t won a major since 2014 (PGA and The Open), and his best-ever finish at the Masters was just last year when he was the runner-up. He was also T5 in 2021.

Jon Rahm has three wins this season, he won the U.S. Open in 2021, and his best finish at Augusta was fourth place in 2018. If Rahm were to win, he would be just the fourth Spanish Masters champion, joining Sergio Garcia, Jose Maria Ozazabal, and Seve Ballesteros.

There is quite a gap between the big-three and the rest of the field at this year’s Masters, with Cameron Smith and Jordan Spieth coming in a tie for fourth shortest odds on the board. Smith finished T2 at the Masters in 2020 and has been playing for LIV Golf since last August. Spieth won here in 2015, and he finished third in 2021.

Dustin Johnson was the Masters champion in 2020, Collin Morikawa is a former PGA and Open champion, Justin Thomas has twice won the PGA, and Patrick Cantlay is currently ranked fourth in the World Golf Rankings.

Bet Masters to Win
MyBookie Betting Lines for the Tournament


Tiger Woods

Five-time Masters champion Tiger Woods was seen on the course at Augusta in the middle of March, and he has been very clear about his intentions to play at Augusta.

Woods is paying +4000 to win the tournament, and even though he was 47th last year, and he didn’t finish the PGA or Open, there is reason for optimism. When Woods played at the Genesis Invitational in February, he looked healthy and strong, like the Tiger Woods we’re used to seeing.

The oldest-ever winner at the Masters was Jack Nicklaus at 46 years and 82 days old. Tiger Woods is 47.

Masters Pick | Bet Tiger Woods to Win
MyBookie Betting Lines for the Tournament


The Rest of the Top-10 Favorites

Cameron Smith +1600
Jordan Spieth +1600
Collin Morikawa +2000
Justin Thomas +2000
Patrick Cantlay +2000
Dustin Johnson +2200
Will Zalatoris +2200
Xander Schauffele +2200)

I have read enough, I need to place my bet now. What to do?

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MyBookie Odds for the Tournaments


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