Earning a green jacket grants winners the right to enter The Masters for as long as they can physically play the game.

This unique element of The Masters allows old pros to try to win a major championship despite not being active tour members. A comparison would be Alex Rodriguez joining the New York Yankees each year for the World Series.

The Masters is played at the same course year after year. This is another factor that gives older champions a better shot at winning due to their familiarity with the layout and overall experience.

Two such former champions of The Masters are Tiger Woods and Phil Mickelson. These two fan-favorites dominated the late 1990s and the 2000s, with the allegiance of most PGA fans falling on one side or the other.

Woods and Michelson are far beyond their prime in 2024. However, Tiger won The Masters in 2019, and Phil finished in second place 12 months ago.

Each site in our 18-friendly online sportsbook reviews has The Masters odds posted for today’s round, overall tournament winners, props, and more.

Golf futures include all active golfers, so we’ve narrowed down the following betting line for The Masters to the top 10 projected finishers.

The Masters 2024 Odds To Win

• Scottie Scheffler +450
• Jon Rahm +1200
• Rory McIlroy +1200
• Xander Schauffele +1500
• Brooks Koepka +1800
• Hideki Matsuyama +1800
• Jordan Spieth +2200
• Joaquin Niemann +2500
• Ludvig Aberg +3000
• Wyndham Clark +3000

Scottie Scheffler won at Augusta in 2022 and leads the odds to hoist the trophy after 18 holes this Sunday. In second place is the 2023 winner, John Rahm. Before betting on Rahm to repeat, keep in mind that Jack Nicklaus, Tiger Woods, and Nick Faldo are the only back-to-back Masters winners in the history of the tournament.

What makes betting on Tiger Woods and Phil Mickelson so attractive to gamblers is their popularity and the high odds for them to win. Since fans already plan to follow Tiger and Phil on the course, they may as well try to earn some scratch at the same time.

Phil Mickelson will tee off at 12:06 PM today and holds +15000 odds to win. Bets made on Michelson to win The Masters will payout at 150-to-1.

Tiger Woods will hit his opening shot today at 3:54 PM. Tiger’s odds to win The Masters are set at +17500, which will deliver a payout of $176.00 on a one-dollar bet.

If you are 18 years old and want to bet on The Masters, the online sportsbooks we recommend here accept members across the entire country and allow them to wager on PGA Golf odds. This is true if you are in Georgia for the tournament or any other US state.

Bovada Sportsbook Review | CBS Sports

The 2020 Masters Tournament was rescheduled for November 12-15 due to the coronavirus that put restrictions on sporting events and public gatherings. With the vaccine soon to be available to all Georgia residents, the 2021 tournament is set to begin at its regularly scheduled date. 

Last year Dustin Johnson took home the green jacket with the lowest tournament history score (-20). Despite having a rough start, Johnson turned on the heat a slid past the competition, even breaking a few of Tiger’s previous records for the tournament. 

Giving Johnson’s breakout performance in last year’s tournament, online oddsmakers have chosen him as the favorite to bring home another green jacket this time around. Betting on the Master’s at 18+ online sportsbooks is legal in 48 of 50 states, excluding Connecticut and Washington who have explicitly banned all online gambling. 

Sports betting states have several options when it comes to betting on the Master’s Tournament. To date, 21 states and Washington D.C. have started accepting bets on sports at domestic sportsbooks. While most domestic sportsbooks do not operate online, several states have domestic online sportsbooks.

For everyone else looking to bet on the Master’s, online sportsbooks operating outside of the USA has odds on Golf’s biggest day. Currently, you can find futures for all major golf tournaments happening later this year, including the Masters. 

Bovada’s Sportsbook currently has U.S. Open Odds, Texas Open odds, Master’s Odds, and PGA Championship odds, to name a few. Below are the current odds for the top ten favorites at the 2021 Masters. 

• Dustin Johnson +800
• Bryson DeChambeau +1100
• Jordan Spieth +1100
• Justin Thomas +1100
• Brooks Koepka +1200
• Jon Rahm +1200
• Rory McIlroy +1400
• Patrick Cantlay +2200
• Xander Schauffele +2200
• Collin Morikawa +2500

When it comes to betting on sports, there are a few rules you should live by; don’t bet more than you can lose and bet on futures early as those odds change as the event draws near.