The Masters is one of golf’s most prestigious events. It’s the first of the four major tournaments. For those that don’t know, it’s held at Augusta National Golf Club in Augusta, Georgia. It’s the only of the four majors that is held at the same location each year.

This tournament seems like it’s a cut above the rest.  Exactly why is tough to pin down, but for many fans this is the best tournament of the year.  For even non-hardcore golf fans it’s tough to beat the Sunday of the Masters.  It’s a great stretch of golf and the pressure is high to see who is going to win that elusive green jacket.

The Masters is scheduled for the first full week of April. This year’s will be the 81st edition. It’s scheduled to start on Thursday, April 6th and conclude on Sunday April 9th.

Vegas Odds to Win 2017 Masters: Leaderboard Favorites & Updated Field

PlayerCurrent OddsImplied Probability
Dustin Johnson+70012.5%
Jordan Spieth+70012.5%
Rory McIlroy+85010.50%
Jason Day+20004.76%
Hideki Matsuyama+20004.76%
Jon Rahm+22004.35%
Phil Mickelson+25003.85%
Justin Rose+28003.45%
Rickie Fowler+30003.23%
Justin Thomas+30003.23%
Henrik Stenson+30003.23%
Adam Scott+35002.78%
Bubba Watson+40002.44%
Sergio Garcia+40002.44%
Patrick Reed+45002.17%
Brandt Snedeker+45002.17%
Louis Oosthuizen+60001.79%
Paul Casey+65001.51%
Brooks Koepka+65001.51%
Charl Schwartzel+65001.51%
Matt Kuchar+60001.49%
Branden Grace+75001.32%
Danny Willett+80001.23%
Zach Johnson+80001.23%
Jimmy Walker+80001.23%
Matthew Fitzpatrick+80001.23%
Thomas Pieters+65001.23%
Alexander Noren+80001.23%
Lee Westwood+90001.10%
Daniel Berger+90001.10%
Marc Leishman+100000.99%
Jim Furyk+100000.99%
J.B. Holmes+100000.99%
Emiliano Grillo+100000.99%
Rafa Carbrera Bello+100000.99%
Shane Lowry+100000.99%
Tiger Woods+125000.80%
Russell Knox+125000.79%
Martin Kaymer+125000.79%
Ryan Moore+125000.79%
Bill Haas+125000.79%
Bryson Dechambeau+125000.79%
Smylie Kaufman+150000.66%
Andy Sullivan+150000.66%
Ian Poulter+150000.66%
Jason Dufner+150000.66%
Kevin Kisner+150000.66%
Billy Horschel+150000.66%
Webb Simpson+150000.66%
Keegan Bradley+150000.66%
Charles Howell III+150000.66%
Kevin Na+175000.57%
Bernd Wiesberger+200000.50%
Charley Hoffman+200000.50%
Russell Henley+200000.50%
Hunter Mahan+200000.50%
Luke Donald+200000.50%
Scott Piercy+200000.50%
Angel Cabrera+200000.50%
Chris Wood+200000.50%
Jamie Donaldson+250000.40%
Soren Kjeldsen+250000.40%
Graemme Mcdowell+250000.40%
Ernie Els+300000.33%
Bernard Langer+400000.25%
Fred Couples+400000.25%

Here’s a look at the updated odds for the 2017 Masters Tournament. Typically odds for an event won’t be posted until the week of. That’s not the case when it comes to a major. Oddsmakers will have betting lines up well in advance.

Best Bet? Current Odds on Favorite: Jordan Spieth (+700) & Dustin Johnson

The books have Spieth the golfer to beat at Augusta. He’s currently listed at +600. The next best odds belong to Jason Day at +900. Speith won this event in 2015 with a masterful performance. He led wire-to-wire on his way to tying the course record with a 270 (-18). He became just the second youngest player to receive a green jacket.

It looked as though Spieth was well on his way to defending his title in 2016. He made the turn on Sunday with a comfortable 5-shot lead. It was all downhill from there. The turning point being a quadruple-bogey on No. 12.

Despite the poor finish, it’s hard to argue against Spieth’s track record. He’s made three starts and has finished no worse than a T-2nd.

It’s hard to argue against Johnson’s chances.  He has won the last three times he has played on tour and seems unbeatable right now.  DJ didn’t even trail for a single hole at the Match Play.  With his length and the way he’s hitting his wedges you are likely going to find him in the mix come Sunday.

Defending Champion: Danny Willett (+8000)

Willett will be known as the player who took advantage of one of the worst collapses in Masters’ history. It’s a shame that it has to be this way, but I doubt you hear him complaining. Willett’s win was his first major championship. He also became the first British golfer to win in over 20 years. You might recall the last to do so, which was Nick Faldo back in 1996.

Those that took a shot on Willett enjoyed quite a ride on Sunday and a nice payout. He was listed at +6000 prior to the event. Oddsmakers aren’t exactly expecting him to be back in the mix. His odds are actually worse than they were a year ago at +8000.

Tiger Woods Update

Unfortunately it’s not looking good that we will see Woods in action. Doctors informed him on 2/15 to limit all activities. This comes after his most recent return to the game resulted in another back injury. Oddsmakers still have Woods listed at +4500, but I wouldn’t even consider wager on him at this point. Even if he somehow plays, I’m not buying he’s a serious threat. Hopefully some day Woods will be able to get back to playing at an elite level.

The odds are displayed in money lines. If you want to convert those into fractional format just follow these easy step. Just divide the odds by 100. For example, +900 converts to 9/1 (900 divided by 100 equals 9).

Masters Golf Betting Tips, Predictions & Top Picks to Win Tournament

3 Factors to Look for When Making Picks

Long Hitters Have a Big Edge  – This doesn’t mean that short hitters don’t have a chance. You simply can’t ignore the advantage the guys have that can power it past trouble and aren’t phased by the extended tees.

Short stick needs to be in good form – No big surprise here. You aren’t going to win any major event if the putter isn’t working. Don’t focus so much on the rankings. Look for players who have putted well at Augusta in the past. The ability to know how to attack the greens and read them is where experience really comes into play.

Trending in the right direction – For a lot of amateur bettors, this is the first event they wager on in the calendar year. This can lead to just picking a player based off familiarity or how they finished the previous season. I think current form is huge. Look for players that have showed some positive signs in the events leading up to the Masters.

Current Favorites, Top Contenders & Long Shots Worth Betting

Favorites (25 to 1 or better):

  • Jordan Spieth (+600)
  • Jason Day (+900)
  • Hideki Masuyama
  • Justin Rose (+2500)

Contenders/Long Shots (25 to 1 or worse):

  • Patrick Reed +(+3300)
  • Rickie Fowler (+3300)
  • Brandt Snedeker (+4500)

List of the Past Masters Champions & Their Odds

Below are the pre-tournament lines for past Masters winners since 2006.  Trevor Immelman is the biggest underdog winner in that time frame.  He beat a heavily-favored Tiger Woods by three strokes in 2008.  A $100 wager on Immelman before the start of the tournament would have paid $15,000!  Phil Mickelson in 2006 was the least surprising winner in recent history.  A $100 bet on Phil before the tournament would have paid out only $900.

YearPlayerPre-TournamentScore# Stroke Victory
2016Danny Willett+6000-53
2015Jordan Spieth+1000-184
2014Bubba Watson+2000-83
2013Adam Scott+2500-9Playoff
2012Bubba Watson+5000-10Playoff
2011Charl Schwartzel+10000-142
2010Phil Mickelson+1200-163
2009Angel Cabrera+12500-12Playoff
2008Trevor Immelman+15000-83
2007Zach Johnson+12500+12
2006Phil Mickelson+900-72