2023 US Masters Betting Sites, Tips & Odds

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Last Updated on: 21.03.2023

The US Masters tournament is one of the four major professional golf championships held throughout the calendar year, taking place in the first week of April each season. In this article, we'll go through the best promotions for this event, along with the latest odds and the top tips and predictions to give you better insights on what is to come!

Tournament Structure for the US Masters

  • The Masters is the first golfing major championship of the year and is a stroke play event. Traditionally taking place over the first week of April, the final round is held on the second Sunday of the month. The tournament consists of four rounds at 18 holes each, with a round being played each day from Thursday through Sunday.
  • After the second round has finished on the Friday, the smallest golf major field of the year is reduced after a cut-off score is calculated, thereby trimming the field for the final two rounds on the Saturday and Sunday
  • Should fourth and final round on Sunday fail to produce a winner, all players tied for the lead are required to take part in a sudden-death playoff. The playoff begins on the 18th hole and is followed by the nearby 10th, repeating until a winner has been determined.
  • Since 1949, the winners of the Masters have all joined an exclusive club and have been awarded the famous Green Jacket. It is one of the most iconic awards in sport and the most prestigious prize in golf. The Masters was first played as the August National Invitational back in 1934, and 15 years later, in 1949, the club decided to begin awarding tournament winners the same Green Jacket that was, by then, the established symbol of the club. The first jacket was awarded to the 1949 winner Sam Snead, after which it was retroactively given out to all of the former winners since 1934.

Best Betting Sites We Recommend for the 2023 Masters

#1
Paddy Power logo
Paddy Power
  • Pays extra places on the Masters
  • Best Masters golf odds guaranteed
  • Bet £20 and get it back if it loses
T&Cs APPLY, 18+ ONLY

New Customer Offer. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £10. Only deposits made using cards will qualify for this promotion. T&Cs apply. Full T&Cs apply. BeGambleAware.org #ad

#2
Betfred
  • Bet £10 and Get £40 in bonuses for the Masters
  • Competitive odds for the Masters
  • Stacked with plenty of player markets
T&Cs APPLY, 18+ ONLY

New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required Full T&Cs apply. BeGambleAware.org #ad

#3
bet365
  • Can live stream the Masters
  • Intuitive Masters betting app for iOS and Android users
  • Bet £10 and Get £50 in free bets
T&Cs APPLY, 18+ ONLY

18+ - Offer for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and Full T&Cs apply. BeGambleAware.org #ad

#4
William Hill
  • Can cash out Masters bets
  • User-friendly Masters sportsbook
  • Bet £10 Get £30 in free bets
T&Cs APPLY, 18+ ONLY

New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below. Full T&Cs apply. BeGambleAware.org #ad

#5
Ladbrokes
  • In-play betting for the Masters
  • Great each-way betting opportunities for the Masters
  • £20 in free bets for new customers
T&Cs APPLY, 18+ ONLY

18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first 5 bet within 14 days of account reg at min odds 1/2 = 4x 5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + Full T&Cs apply. BeGambleAware.org #ad

US Masters Betting Odds, Promotions, Tips & Predictions

The 2023 Masters will be held at its usual venue – the world-famous Augusta Country Club in Georgia, USA – from Thursday the 6th of April through to Sunday 9th of April. Augusta is one of the most private and exclusive golf clubs in the world. And with the world’s finest players descending on Augusta, the Masters will make for compelling viewing.

US Masters Betting Odds 2023

The Masters is one of the highlights of the golfing calendar. With the event looming, bookmakers have already been posting prices. With that in mind, we would like to divulge the latest Masters odds.

Masters 2023 Winner Odds

PlayerOddsBookmaker
Jon Rahm13/2bet365
Rory McIlroy7/1William Hill
Scottie Scheffler10/1BetVictor
Cameron Smith14/1Paddy Power
Collin Morikawa18/1888sport
Justin Thomas18/1BoyleSports
Patrick Cantlay20/1Ladbrokes
Xander Schauffele22/1Coral
Jordan Spieth22/1Ladbrokes
Will Zalatoris22/110bet
Dustin Johnson25/1Unibet
Tony Finau25/1BoyleSports
Max Homa30/1BetVictor
Viktor Hovland33/1Coral
Matthew Fitzpatrick33/1bet365

US Masters Betting Tips & Predictions 2023

  • The Masters is a tournament steeped in history, and for some golfers, it represents the pinnacle of their careers. And each year, the players are always eager to pen another glorious chapter at Augusta.
  • Jon Rahm is heading to the Masters as one of the favourites, and the mercurial Spaniard is producing some of his best golf. With multiple wins racked up, including the Genesis Invitational in 2023, Rahm has been red hot with the putter, and he has been driving the ball well. Although he has one Major under his belt, the highly prestigous US Open, he has been a consistent performer at Augusta, notching up five top-10 finishes from six appearances. While the Masters has an abundance of doglegs, Rahm will certainly be in contention, and he could well justify the 13/2 price that has been allocated to him by most bookmakers.
  • Of course, the Masters wouldn’t be the Masters without a mention of Rory McIlroy. The Ulsterman has always been hyped up by the media and the fans alike, and in 2011, he felt he had one strong hand on the title before he capitulated after blowing a four-shot lead on the final day. Although he’s had some mixed results on the PGA Tour in 2023, McIlroy is still trying to complete a Grand Slam, and his last major was in 2014, which is surprising given a player of his ilk. Once again, he could fall short in his quest, and while he's second favourite at 7/1 with bookmakers, a top-10 finish could be a more realistic ambition.
  • Elsewhere, Justin Thomas looks decently priced at 18/1. Having never missed the cut at Augusta, the Masters has been kind to him. He’s been in and around the top 20, and he would like to go better than his 2020 showing where he finished fourth. 12 months ago, he was within three strokes of the lead before coming home in 21st. Thomas has all the attributes to be a Masters champion, and he will chip away at the leaders, and you should write him off at your peril.
  • Meanwhile, reigning Masters champion Scottie Scheffler could catch fire, and he’s currently trading at 10/1 with most bookmakers. 12 months ago, the American lifted his first Major with some sumptuous golf finishing on -10. A one under par final round was enough to secure a three-shot victory, and Scheffler has been in ominous form in 2023. He triumphed at the Phoenix Open, and he fell just short at the Arnold Palmer Invitational, coming home in fourth. Scheffler is usually there or thereabouts, and he will be eager put up a strong defence of his title.

US Masters Betting Promotions

  • Betfred have up to £40 in free bets available, which is a great way to capitalise on betting on the Masters.
  • Similarly, bet365 are giving away £50 in free bets, perfect for US Masters golf betting.

5 Reasons to Bet on the US Masters

  • It is one of four annual golf majors.
  • Not only that, it is the most prestigious of them all.
  • That makes it the biggest event in golf.
  • All of the world’s top players will be there.
  • The prize purse last year exceeded £12million, and the figure will be revealed the week of the event.

Popular US Masters Betting Markets

Golf is not only a great sport, but also one of the best sports to bet on, with its huge fields, long-priced favourites, external impacting factors and the sheer number of unexpected twists that occur.  Nowhere is this truer than at the Augusta National for the Masters Tournament, part of the PGA Tour. Below, we've outlined the best betting markets available for this event.

Outright Winner for the US Masters

This is a nice and simple bet that is as straightforward as it gets: a one-stake wager on the player that you believe will win the Masters Tournament. Unless you are betting each-way, then your player must win the event in question for your bet to be successful. Anything less, and the bookmaker will keep your stake. Our best golf betting sites page has sites that list the best outright golf odds.

US Masters Winner’s Nationality 

With a winner’s nationality bet, the important thing to remember is that you are not selecting the best performing player from any one nominated nation. Instead, you are picking the winning player’s nationality. So, if in 2017 you selected the winning nationality as Spanish, then congratulations on your winning bet, because this was the year that Sergio Garcia finally delivered the goods in a major tourney.

Remember though that historically, this event has been won more often than not by American players. To that end, many bookmakers provide a market such as Americans V the field, where you can place a bet on anyone other than an a player from the US to win, which removes the nationality detail from the wager.

To Make the Cut 

After the first 72 holes, which accounts for two days of play, a cut line is drawn up which will divide those who will be eliminated and those who will continue on two the final two days’ play.

This field thinning technique is called the cut, and is designed to slim down the competitors. Happily, you are able to bet on who makes the cut in each tourney. Bear in mind, however, that the Masters tournament consists of the smallest golf major field of them all, so, naturally, fewer players make the cut.

Three-Ball Betting

The three-ball market in golf betting is a type of bet that is typically offered during the first and second rounds of a four-round tournament. The idea behind this wager is that you select the player in a three-player group that will perform the best out of the trio and post the lowest score for the round. In order for the bet to stand, all three players must complete the stated 18-hole round.

1st Round Leader

Getting off to a strong start at any Major, let alone the Masters is imperative. Typically, the first lot of players will head out onto the course and tee up at around 7am UK time. Augusta is a par-72 course, pitted with lots of challenges, but later during the day, conditions might be more benign, and create low scores. For this bet to be successful, you will need to correctly predict the player to shoot the best score on Thursday.

History of the Masters

The land where Augusta now sits was originally the Fruitland Nurseries, and was purchased in 1931 by amateur golfer Bobby Jones and investment banker Clifford Roberts. Jones, who won the 1930 Grand Slam, worked with Dr Alister Mackenzie to design the new course, and together they opened for business in December 1932.

By 1934, the inaugural tournament was held, at the time known as The Augusta National Invitation Tournament, and was won by Horton Smith. It was named the Masters Tournament in 1939, and ten years later, the famous Green Jacket was introduced for the winners. By 1952, the Champions Dinner was introduced for the first time, hosted by Ben Hogan on the Tuesday before the tournament. To this day, this dinner is still held on the Tuesday before the Thursday that the Masters gets underway.

Last year, Scottie Scheffler clinched the Masters and his first Major, by shooting a one-under par round of 71 to finish on -10, and even Rory McIlroy, who posted a 64 to clinch second, couldn’t reel in the relentless American.

Recent US Masters Winners

YearChampionNationality
2022Scottie SchefflerUnited States
2021Collin MorikawaJapan
2020Dustin JohnsonUnited States
2019Tiger WoodsUnited States
2018Patrick ReedUnited States
2017Sergio GarcíaSpain
2016Danny WillettEngland
2015Jordan SpiethUnited States
2014Bubba WatsonUnited States
2013Adam ScottAustralia
2012Bubba WatsonUnited States

Masters Key Stats

  • Sam Snead was awarded the first Green Jacket in 1949.
  • Jack Nicklaus has won the Masters more than anyone else, having won the event six times.
  • Nicklaus is also the oldest winner of the Masters after he won the event for a 6th time at 46 years old.
  • At 21 years old, Tiger Woods is the youngest ever winner of the Masters.
  • In the same year, Woods achieved the lowest score at the Masters, 270, as well as the widest margin of victory ever seen here, winning by 12 strokes.
  • Gary Player, from South Africa, became the first non-American winner of the tournament in 1961.

Similar Tournaments To the US Masters

  • May 18th – 21st 2023, PGA Championship: The second major of the year following a move in the calendar, this event has no fixed venue.
  • June 15th – 18th 2023, The U.S. Open: The United States Open Championship is a summer highlight for golf fans and bettors alike and is held each June.
  • July 20th – 23rd 2023, The Open Championship: Britain’s major, held at numerous venues throughout the United Kingdom, most famously St Andrews. Cameron Smigth surged to victory at the Home of Golf 12 months ago.

Upcoming Sporting Events

US Masters Betting FAQs

We believe that the best betting sites for the US Masters are Paddy Power, Betfred, and bet365.
The first round of the Masters gets underway on April 6, and runs through until Sunday, April 9.
The US Masters will be broadcast live in the UK on Sky Sports.
The Masters is a par 72 now playing at a record length, spanning 7,510 yards after the 11th and 15th holes were extended.
Last year, the total prize purse stood at £12million, and we expect it to be similar this time around. The Masters prize pot will be confirmed the week of the event.
Yes – 33 in all, including England’s Tommy Fleetwood in 2021, which was one of two in 2021.
Yes, you can, and the prices for such a bet will go live the week leading up to the tournament.
This will vary from bookie to bookie, as many will offer extra places as an incentive to bet with them.

ThePuntersPage Final Say

Augusta throws up plenty of surprises, and making the trip to the Butler’s Cabin, as well as slipping into the coveted Green Jacket is the dream of most golfers. The Masters is one of, if not, the most prestigious Major in the game, and there is an abundance of drama and tension across all four rounds.

All players will strive to etch their name into golf folklore, and the Masters always provides value. Make sure to check out our recommended betting sites if you want to locate the latest tips, predictions, and bonuses.