The Masters Betting & Odds

The Masters is unlike any other golf tournament. It's the first of the four majors on the PGA calandar, played every April at the world-famous Augusta National Golf Club and for many golf fans, it marks the true start of major season.

From the iconic Green Jacket to the drama of Amen Corner, The Masters is packed with history, tradition and unforgettable moments. It's one of the most watched events in world golf and one of the most popular tournaments for betting, with punters following every round from Thursday’s opening tee shots to Sunday’s final putt.

At BetWright, you can explore a full range of Golf betting markets for The Masters, from outright winner odds to Top 10 finishes, first-round leaders and live in-play betting. Whether you're backing a favourite or looking for value further down the board, there are plenty of ways to get involved.

What is The Masters?

The Masters Tournament is one of golf’s four major championships, alongside the PGA Championship, the US Open and The Open Championship.

What makes The Masters different is that it's always played at the same venue, Augusta National Golf Club in Georgia, USA. Unlike the other majors, which rotate courses each year, Augusta remains the permanent home of The Masters, making course knowledge and previous form especially important when it comes to betting.

The tournament features an invite-only field made up of the world’s top golfers, former champions and players who have qualified through major victories and ranking positions as well as a select few amateurs who earned their invitations by winning prestigious amateur tournaments, such as the U.S. Amateur and The Amateur Championship. It tends to be the smallest field of any of the majors every year.

Winning The Masters is one of the biggest achievements in professional golf. The champion receives the famous Green Jacket, a lifetime invitation back to Augusta and entry into the other majors for years to come, along with the largest share of the $22,500,000 prize purse.

Why The Masters is One of the Biggest Golf Betting Events

The Masters attracts huge betting interest every year because it combines elite competition with a course everyone knows.

Augusta National is one of the most studied courses in golf. Bettors pay close attention to course history, approach play, putting on fast greens and how players handle pressure on the back nine Sunday.

Because the same course is used every year, punters can compare past performances more easily than at other majors. Certain players consistently thrive at Augusta, while others struggle with its unique demands.

This makes Masters betting more strategic, with more than just current form to consider.

Popular Masters Betting Markets

There are plenty of ways to bet on The Masters at BetWright, whether you're looking for long-term outright bets or quicker round-by-round markets.

Masters Winner Outright

This is the most popular Masters betting market.

You're simply picking the golfer you think will win the tournament and claim the Green Jacket on Sunday evening.

Outright betting opens well before tournament week, allowing plenty of time to compare Masters odds and back your pick early.

Each Way Betting

Each way betting is especially popular for The Masters because it gives you more than one route to a return.

Your stake is split into two parts:

• One bet on your player to win
• One bet on your player to finish in the places

Depending on the market, this could mean top 5, top 8 or top 10 places.

This is often a strong option when backing players just outside the favourites.

If you'd like more infomation on each way betting, read our full guide.

Top 5, Top 10 & Top 20 Finish

Not every bet needs to be on the winner.

These markets allow you to back a golfer to finish inside a certain range on the leaderboard.

Top 10 betting is especially popular at Augusta, where experienced players often consistently contend even if they don't win.

First Round Leader

This market focuses only on Thursday’s opening round.

You're betting on which player will lead after round one, making it a good option for punters who want quicker results rather than waiting all weekend.

Strong starters and players with good early-round scoring records are often popular choices here.

In-Play Masters Betting

The Masters is one of the best tournaments for live betting.

As rounds unfold, odds shift based on leaderboard movement, weather conditions, player momentum and pressure moments around Augusta’s most famous holes.

In-play betting lets you react to what you are watching rather than relying only on pre-tournament picks.

Key Things to Consider Before Betting on The Masters

Masters betting rewards research more than most tournaments.

Augusta Course Form - Some players simply suit Augusta better than others. Previous Masters performances can be a huge indicator of future success.

Approach Play - Iron play is crucial at Augusta. Players who create strong birdie chances with accurate approach shots often perform well.

Putting on Fast Greens - Augusta’s greens are some of the quickest in golf. Strong putters often gain a major edge.

Experience Under Pressure - Sunday pressure at The Masters is different. Experienced major winners often handle it better than first-time contenders.

Weather Conditions - Wind and rain can completely change scoring conditions, especially around Amen Corner.

More Golf Betting at BetWright

The action doesn't stop with The Masters.

At BetWright, you'll also find odds across the biggest tournaments in golf, including:

• PGA Championship
• The US Open
• The Open Championship
• Ryder Cup
• DP World Tour events

From outrights to live betting, there are plenty of ways to stay involved all season long.

Why BetWright is the Wright Choice for Masters Betting

• Competitive Masters Odds – Strong prices across outright winner, each way and finishing position markets.
• Wide Range of Markets – From tournament winner to Top 20 finishes and First Round Leaders.
• Live Betting Available – Follow every round with real-time in-play odds.
• Mobile Friendly Betting – Bet easily on desktop, tablet or mobile.
• Golf Offers and Boosts – Special promotions and enhanced odds are often available during major tournaments.

Smart Tips for Masters Betting

A little research can make a big difference.

• Look at previous Augusta results, course history matters here.
• Don't ignore players with strong short games.
• Compare outright odds with each way value.
• Watch weather forecasts before placing your bet.
• Set limits and always bet responsibly.

For more support and safer gambling tools, visit our Safer Gambling Hub.

Bet the Wright Way

The Masters is golf at its most iconic. It's tradition, pressure and world-class competition all wrapped into one unforgettable week.

With BetWright, you can stay close to every shot with competitive Masters betting odds, a wide range of markets and live betting throughout the tournament.

Whether you're backing the favourite, searching for an outsider or following the leaderboard live, explore The Masters betting today and enjoy golf’s most famous major the Wright way.