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Masters Odds & Updated Betting Lines 2025: 1st Major Begins April 10 at Augusta National
Pictured: Rory McIlroy walks next to Scottie Scheffler. Photo by Corey Perrine / Florida Times-Union via Imagn.

The first major of the 2025 golf season is just two weeks away, and Scottie Scheffler, Rory McIlroy, and many other top-flight contenders are making their final preparations this week while listed as betting favorites by the Masters odds.

The 2025 Masters will take place Thursday, April 10, through Sunday, April 13 at Augusta National Golf Course in Augusta, Ga. The tournament will be broadcast on CBS. Tiger Woods will not be competing in Augusta this year after rupturing his Achilles. Scheffler will try to defend his title from last year and win the green jacket for the third time in four years. Rory will once again try to complete the career grand slam with an elusive green jacket after winning two events already this season.

Scheffler's best Masters odds of +500 represent an implied win probability of 16.67%, according to our odds converter, and would return a profit of $50 on a winning $10 bet.

πŸ“Š Live Masters odds 2025

Our 2025 Masters odds update in real time based on the odds from our best golf betting sites.

Odds to win the Masters

Top 10 finish

Here are the best odds for a top-10 finish in the 2025 Masters. This markets features shorter odds than the outright betting market above, but you get some insurance in the event your selected golfer doesn't win as a bet will still be deemed a winner if they finish in the top 10.

β›³ Masters favorites 2025

πŸ‡ΊπŸ‡Έ Scottie Scheffler (+500 Masters odds)

Scheffler - the No. 1 golfer in the Official World Golf Ranking (OWGR) - has donned the green jacket in two of the past three Masters tournaments. After fixing his temporarily woe-begone putting stroke, there are no sustainable flaws in Scheffler's game. Barring disaster, he's the top player on the planet any given week and will beat anybody at his - and their - best.

That is especially true at Augusta National, which is suited perfectly to his expert short game and distance management.

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Rory McIlroy (+650 Masters odds)

McIlroy (+650 Masters odds) finished T-22 in last season's Masters in yet another failed attempt at the career grand slam. He has been locked in early in 2025 with victories in the Pebble Beach Pro-Am and The Players Championship. He has shortened his odds to win the Masters from +800 to +650 along the way, and a winning $10 bet now pays a $65 profit compared to the $80 return that was available only weeks ago.

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πŸ‡ΈπŸ‡ͺ Ludvig Aberg (+1500 Masters odds)

The sample size is small, but Aberg (+1500 Masters odds) looks tailor-made for Augusta. In his first ever Masters tournament, Aberg finished second last year. The Swedish superstar looks poised to be in the mix at Augusta for the foreseeable future, and he has a victory in a Signature Event this season.

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πŸ‡ͺπŸ‡Έ Jon Rahm (+1600 Masters odds)

Rahm (+1600 Masters odds) is the only member of LIV Golf with Masters odds shorter than +2000 after winning the Masters two years ago.

After opening the LIV season with a T-2 finish in Riyadh, he hasn't finished better than T-5 in three more events. He missed the cut in the lone DP World Tour event he played this year.

πŸ‡ΊπŸ‡Έ Collin Morikawa (+1800 Masters odds)

Morikawa (+1800 Masters odds) has a tremendous track record at the Masters with top 10 finishes in each of the past three tournaments. His best finish to date came last year as he finished third at Augusta.

Morikawa was one of my first Masters picks at +2000 with a winning $10 bet returning a profit of $200.

πŸ‡ΊπŸ‡Έ Xander Schauffele (+1900 Masters odds)

Schauffele (+1900 Masters odds) had a top 10 finish at Augusta last time out, placing eighth. His best finish at Augusta came in 2019 as he garnered a T-2. Schauffele has two major wins to his name with a PGA Championship win and British Open victory last year.

The start of his 2025 season was derailed by injury, and he's been slow to find his form ever since. Still, the number keeps improving, and it's hard to shy away from a bet on last season's only two-time major champ.

πŸ… Tiger Woods ruled out of the Masters

Tiger will not compete in the 2025 Masters. He ruptured his Achilles but is expected to make a full recovery. It's unknown (and unexpected) if he'll return to play in time for any of the 2025 majors.

🌳 Masters info

  • When: Thursday, April 10 - Sunday, April 13
  • Where: Augusta National Golf Club, Augusta, Ga.
  • Defending champion: Scottie Scheffler
  • How to watch: ESPN, CBS, Masters.com
  • Favorite: Scottie Scheffler (+400 via BetMGM)

🏌️ Masters field 2025

The 2025 Masters field isn't yet officially set, but will include a mix of past champions, top-ranked players, rising stars, and special invitees. Here are some of the ways to gain entry to the invitational tournament:

Past champions: Golfers who have won the Masters in previous years are automatically invited to participate for the rest of their careers.

Current champions: Winners of other major championships (such as the U.S. Open, The Open Championship, and the PGA Championship) from the past year are invited to compete.

PGA Tour winners: Golfers who have won PGA Tour events leading up to the Masters, typically over the past year, may also receive invitations.

Amateur champions: Winners of certain top amateur tournaments, such as the U.S. Amateur Championship, are often invited to play.

World Golf Ranking: The top players in the Official World Golf Ranking (OWGR) and other recognized world rankings usually receive invitations.

Special invitations: The Masters committee has the discretion to extend special invitations to golfers who may not meet the above criteria but have demonstrated exceptional talent or accomplishments in the past.

Qualifying tournaments: There are opportunities for golfers to qualify for the Masters through special tournaments and qualifiers, such as the U.S. Open or other international events.

πŸ’° Masters betting history

Here is a look at Masters betting odds history.

YearGolferMasters Odds (Prior to Round 1)
2024Scottie Scheffler+500
2023Jon Rahm+1000
2022Scottie Scheffler+1600
2021Hideki Matsuyama+6000
2020Dustin Johnson+800
2019Tiger Woods+1200
2018Patrick Reed+4000
2017Sergio Garcia+3000
2016Danny Willett+5000
2015Jordan Spieth+1000
2014Bubba Watson+2000
2013Adam Scott+2500

Historical odds via GolfOdds.com.

🎟️ How to bet on the Masters

You can bet on the Masters by signing up with our best golf betting sites today. We track the best sportsbook promos to help you get started and get the most out of your initial wagers.

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🧠 Masters betting tips for beginners:

  1. Research players and the course: Learn about the strengths and weaknesses of different golfers and how Augusta National typically plays.
  2. Shop for the best odds: Compare odds at different sportsbooks to get the best possible value for your bets.
  3. Start with simple bets: Begin with straightforward bets like outright winners before moving to more complex markets.
  4. Set a budget: Decide how much you're willing to bet and stick to it. Golf betting can be unpredictable, so it's essential to gamble responsibly.
  5. Enjoy the experience: Betting on the Masters can add excitement to watching the tournament, but remember it's for fun. Stay informed and enjoy the golf!

πŸ”’ How to read golf odds

Here's how to read golf betting odds using American odds format:

  • Positive odds: Positive odds indicate the potential profit on a $100 wager. For example, if a golfer has odds of +300, it means that a $100 bet would yield a profit of $300 if the golfer wins the tournament. So, your total payout would be $400 ($300 profit + $100 original stake).
  • Negative odds: Negative odds represent the amount you need to wager to win $100 in profit. For instance, if a golfer has odds of -200, it means that you would need to bet $200 to win $100 in profit if the golfer wins. Your total payout would be $300 ($100 profit + $200 original stake). In a tournament like the Masters, it's unlikely to see negative odds on any golfer until late in Sunday's final round while using our best live betting sites.

Understanding these American odds allows you to quickly assess the potential payout and implied probability of a golfer winning a tournament. Positive odds indicate an underdog, while negative odds signify a favorite.

Odds will move leading up to a tournament's start and throughout the event. Live odds will be reflective of the current leaderboard, golfer performance, and the position of the pre-tournament favorites. The odds also factor in the popularity of certain golfers, and how much money the sportsbooks have taken on those golfers to win the tournament.

❓ Masters FAQs

Who is the favorite to win the 2025 Masters?

Scottie Scheffler has odds as high as +500 odds to win the 2025 Masters. These odds represent an implied win probability of 16.67%.

When is the 2025 Masters?

The 2025 Masters will begin with Round 1 on Thursday, April 10. Round 2 is Friday, April 11, Round 3 is Saturday, April 12, and the final round is Sunday, April 13.

Where is the 2025 Masters?

The Masters is held every year at Augusta National Golf Club in Augusta, Ga.

How can you watch the Masters?

Television coverage of the Masters is split between ESPN and CBS. The tournament can be streamed on Masters.com.

Who won last year's Masters?

Scottie Scheffler won last year's Masters by four strokes over Ludvig Aberg with closing odds as low as +375. That was Scheffler's second Masters win in three years.

Who was the last back-to-back winner of the Masters?

Tiger Woods in 2001 and 2002 was the last golfer to win the Masters back-to-back.

Who's won the most Masters?

Jack Nicklaus' six career Masters wins are the most of all time. The last of those wins came in 1986.

πŸ† More major championship odds

EventFavoriteOdds
PGA ChampionshipScottie Scheffler+500
U.S. OpenScottie Scheffler+450
British OpenScottie Scheffler+550

Odds via bet365 as of March 25.

β›³ Golf betting odds pages

🏌️Here are our best golf betting sites:

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