2023 Masters Tournament Updates and Betting Opportunities

2023 Masters Tournament Updates and Betting Opportunities

Golf’s first major of the year is here, as the best golfers in the world descend upon Augusta National this weekend for the Masters Tournament. It was first played 89 years ago and won by Horton Smith. He was awarded $1,500 for the victory. This year’s Masters winner will take home a check for $2.7 million.

A lot has changed in 89 years, and now the Masters is one of the biggest sporting events of the year, and one of the best wagering events on the sports betting calendar.

We still a few days away before tees off, so let’s take a look at those Masters betting odds and what we can expect on this prestigious golf tournament.


2023 Masters Tournament Updates and Betting Opportunities | MyBookie PGA Tour Preview

2023 Masters Tournament
When: April 6–9, 2023
Where: Augusta National Golf Club, Augusta, Georgia, U.S.
Tours: PGA Tour | European Tour | Japan Golf Tour


Favorites to Win the Masters

The first and most common bet to place is on the winner of the tournament. It’s easy – you’re just betting on who will win the tournament after 72 holes on Sunday. The betting favorites heading into the first round on Thursday are:

Rory McIlroy | (+700
Scottie Scheffler | +700
Jon Rahm | +900
Jordan Spieth | +1600
Patrick Cantlay | +1600
Cameron Smith | +2000
Justin Thomas | +2000


Tiger Woods

The biggest draw at this tournament, as he is at every tournament, is Tiger Woods. It’s been 26 years since he broke onto the scene with his record-setting 12-stroke Masters win in 1997, and we still can’t get enough. And because of that fascination with Tiger, a five-time winner at Augusta, that sportsbooks give us a whole series of Tiger bets.

First Round Tiger Props

Shoot 72 or Lower | -120
Make Four or More Birdies/Eagles | -110
Make an Eagle | +700
Bogey Free | +1800
Lead After First 18 | +4000

Tournament Tiger Props

Finish Top-Five | +1100
Finish Top-10 | +500
Finish Top-20 | +175
Finish Top-40 | -190
Shoot 70 or Lower All Four Rounds | +3300
Play in the Final Sunday Group | +2500

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


Masters Tournament Prop Bets with MyBookie

Outside of betting on the winners of the tournament and putting down a few bets on Tiger Woods, there are plenty of player props available for the other big names in the field, as well as a series of tournament prop bets.

Winning Margin

One Stroke | +240
Two Strokes | +350
Three Strokes | +650
Four Strokes or More | +333


Placing Top-Five

Rory McIlroy and Scottie Scheffler | +450
Jon Rahm and Jordan Spieth | +1050
Patrick Cantlay and Cameron Smith | +1800


Placing Top-10

Scheffler and Rahm | +210
McIlroy and Spieth | +320
Smith and Justin Thomas | +750
Cantlay and Jason Day | +650

Will there be a Hole-In-One?

Yes | -225
No | +175


Will There be a Playoff?

Yes | +350
No | -500


Will a LIV Tour Player Win?

Yes | +500


Bet Masters Tournament Prop Bets
MyBookie Betting Lines for the Tournament


First and Second Place Finishers

One final popular type of bet that can be placed is a bet on the two golfers who finish atop the leaderboard after the final round. It’s similar to quinella bet in horse racing, in that you must predict the right two golfers, but they can finish in either order.

Scheffler and McIlroy | +2500
Scheffler and Rahm | +3300
Scheffler and Spieth | +5000
McIlroy and Rahm | +3300
McIlroy and Spieth | +5000

McIlroy and Smith | +6600
Rahm and Spieth | +6600
Rahm and Smith | +8000
Rahm and Cantlay | +8000

The Masters Pick | Bet First and Second Place Finishers to Win Masters
MyBookie Betting Lines for the Tournament

The Masters Odds, Current Masters Tournament Lines | 2023 Masters Betting

Top 10 Future Odds for The US Masters 2023: Top Player Odds

Scottie Scheffler +690
Rory McIlroy+710
Jon Rahm+900
Jordan Spieth+1625
Tony Finua+2200
Xander Schauffele+2300
Justin Thomas+2000
Cameron Smith+2400
Collin Morikawa+2400
Jason Day+2500

PGA Tour Pick | Bet The Masters


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MyBookie Odds for the Tournaments


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Updated Golf Betting Odds | Online Betting Lines