We have finally reached Masters week and the first major championship of the golf season. The odds that have been posted for more than a month haven’t changed a great deal, as oddsmakers seem to see this year’s tournament as a three-man race.

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

Updated Masters Betting Odds and Early Analysis before Tee Off | 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

Scottie Scheffler

Odds: Scottie Scheffler +690
PGA Tour Wins: 6
European Tour Wins: 2
Highest ranking: 1st | March 27, 2022 – 35 weeks, as of April 2, 2023

McIlroy’s co-favorite is the player ranked first in the world, Scottie Scheffler. He was also the player who bested McIlroy by three strokes at Augusta last year. That was Scheffler’s first ever win at a major tournament, and it was the highlight of his PGA Tour Player of the Year season.

Scheffler just won at The Players Championship, making him the third golfer ever to win the Masters and The Players Championship in a 12-month span. Jack Nicklaus and Tiger Woods are the other two.

The Masters Pick | Bet Scottie Scheffler to Win Masters
MyBookie Betting Lines for the Tournament

Rory McIlroy

Odds: SRory McIlroy +710
PGA Tour Wins: 23
European Tour Wins: 15
Highest ranking: 1st | 4 March 2012 – 122 weeks

The Masters is the one major tournament that has eluded Rory McIlroy in his career. He has been close – he was the runner-up just last year – but in the extensive trophy case of the three-time PGA Tour Player of the Year, there is no green jacket.

The second-ranked player in the world is the co-favorite heading into Thursday’s first round.

The Masters Pick | Bet Rory McIlroy to Win Masters
MyBookie Betting Lines for the Tournament

Jon Rahm

Odds: Jon Rahm +900
PGA Tour Wins: 10
European Tour Wins: 9
Highest ranking: 1st | 19 July 2020 – 46 weeks

If Sunday’s winner isn’t McIlroy or Scheffler, the other of the big three, Jon Rahm, is a good bet. He’s currently ranked third in the world with three wins this season, and all of them came within six weeks. However, since his win at the Genesis Invitational in February, his best finish is T31.

Rahm won the U.S. Open in 2021, but that is his only win at a major. His best finish at Augusta was a fourth-place showing in 2018, four shots off the lead.

The Masters Pick | Bet Jon Rahm to Win Masters
MyBookie Betting Lines for the Tournament

Jordan Spieth

Odds: Jordan Spieth +1625
PGA Tour Wins: 13
European Tour Wins: 3
Highest ranking: 1st | August 16, 2015 – 26 weeks

From the three favorites there is a drop off to the rest of the pack, which is headlined by 2015 Masters winner Jordan Spieth. He’s coming off a T3 at the Valspar Championship in March, which followed a T4 at the Arnold Palmer.

The Masters Pick | Bet Jordan Spieth to Win Masters
MyBookie Betting Lines for the Tournament

Patrick Cantlay

Odds: Patrick Cantlay +2700
PGA Tour Wins: 8
European Tour Wins: 1
Highest ranking: 3rd | January 23, 2022 – as of April 2, 2023

Patrick Cantlay hasn’t been great at the Masters – he has just one top-10 finish at Augusta – but he has been terrific this season. He was third at the Genesis Invitational, T4 at the Arnold Palmer, and T9 at the World Golf Championships.

The Masters Pick | Bet Patrick Cantlay to Win Masters
MyBookie Betting Lines for the Tournament

Cameron Smith

Odds: Cameron Smith +2400
PGA Tour Wins: 6
European Tour Wins: 4
Highest ranking: 2nd | 17 July 2022 – as of April 2, 2023

Australian Cameron Smith was the runner-up at Augusta in 2020, and last year he was the winner of The Open Championship.

The Masters Pick | Bet Cameron Smith to Win Masters
MyBookie Betting Lines for the Tournament

Justin Thomas

Odds: Justin Thomas +2000
PGA Tour Wins: 15
European Tour Wins: 4
Highest ranking: 1st | May 13, 2018 – 5 weeks

Justin Thomas is a two-time PGA Championship winner; he was fourth at Augusta in 2020, and was T10 at the Valspar two weeks ago.

The Masters Pick | Bet Justin Thomas to Win Masters
MyBookie Betting Lines for the Tournament

Tiger Woods

Odds: Tiger Woods +7500
PGA Tour Wins: 82 | Tied 1st all time with Sam Snead
European Tour Wins: 41 | 3rd all time
Highest ranking: 1st | June 15, 1997 – 683 weeks

You count out Tiger Woods at your peril. He was T47 at this event in 2022 after a year and half away from golf. This year he is healthier, he is more prepared, and when he played at the Genesis in February, he showed flashes of the Tiger Woods, that has 15 major championships.

He’s a longshot to win at +6600, but on the question of Tiger making the cut, he’s at -200. He’s +175 to get into the top-20, and +500 to finish in the top-10 at Augusta for the 13th time in his career.

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

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