Masters Odds & Updated Betting Lines: Rose Leads But Scheffler Still Favored

The 2025 Masters has more than lived up to the hype after two intensely competitive days to begin the tournament.

Justin Rose got off to a fast start on Day 1 with a 7-under 65 to claim a three-shot lead, but he has plenty of company at the top including defending Masters champ Scottie Scheffler, who remains the betting favorite, and Bryson DeChambeau, who was the only golfer to card two sub-70 rounds.

Let's take a look at the top of the latest Masters odds. Check out our full breakdown below and be sure to read our Masters predictions.

2025 Masters odds

2025 Masters favorites

Scottie Scheffler (+450)

Scottie Scheffler was favored to win every major in 2024, so it's no surprise to see books pegging the defending champ as the favorite to hold onto the Green Jacket in 2025. 

The World No. 1 held off the likes of Ludvig Aberg to win at Augusta for the second time in three years. Even playing with the pressure of becoming a new daddy wasn't enough to slow him down.

The victory also put him in elite company, joining Tiger Woods as the only golfer to win the Masters and PLAYERS in the same year. He has yet to win in 2025 but has three Top-10 finishes and a stellar Masters resume to his name. 

Rory McIlroy (+650)

Looking to join that list after recently winning at TPC Sawgrass, Rory McIlroy has seen his odds shrink to as short as +600.

THE PLAYERS is his second Tour win of the young season and his third worldwide victory since last year's FedEx Cup Playoffs (DP World Tour Championship). 

His Augusta National shortcomings are well documented, but it's been many years since he's entered with this kind of form. And while he has missed two cuts and finished outside the Top 20 twice in his last six attempts, he's also had two Top-5 finishes in that span and rattled off five straight Top 10s from 2014 through 2018. 

Masters tournament winner betting insights

Highest ticket percentage
•    Rory McIlroy 11.4%
•    Bryson DeChambeau 8.8%
•    Scottie Scheffler 8.5%

Highest handle percentage
•    Rory McIlroy 17.7%
•    Scottie Scheffler 13.4%
•    Bryson DeChambeau 10.0%
 
Biggest liabilities
•    Rory McIlroy
•    Bryson DeChambeau
•    Ludvig Aberg

All data courtesy of BetMGM.

"Despite a down year by his own standards, Scottie Scheffler is the clear favorite this weekend in Augusta but bettors are finding more value elsewhere," said Matt Wall, Senior Sports Trader, BetMGM. "Rory, Ludvig Aberg, and Bryson are the worst results for the book and we wouldn’t mind Scottie getting his third green jacket." 

Masters field

The field at the Masters is selected to include a mix of past champions, top-ranked players, rising stars, and special invitees. Here is some of the criteria considered:

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 Rankings: 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.

Masters recent winners and odds history

The Masters has had its fair share of longshot winners over the years. Zach Johnson (2007), Trevor Immelman (2008), and Angel Cabrera (2009) all had odds of +12,500 or longer before pulling off impressive triumphs at Augusta National. It's worth noting that Cabrera was the only one of the three to crack the Top 10 again, finishing seventh in 2011 and second in 2013. Let's take a look at some recent Masters champions and their closing odds to win:

Odds courtesy of GolfOdds.

Masters betting trends

• Augusta National experience: Nine of the last 11 Masters winners played in 3+ Masters before their win. Eight of the last 11 winners had previously logged a Top-5 finish at the Masters.
• Best of the best: The last 11 Masters winners ranked inside the World Top 25.
• Great form: Eight of the last 11 Masters winners logged a recent tournament win (previous seven events).
• Ball-striking prowess: The last four Masters winners ranked seventh or better in the field in greens-in-regulation percentage (GIR%).
• Taking advantage: The last five Masters winners ranked 13th or better in Par-5 scoring the year of their victory.

Only two pre-tournament betting favorites or co-favorites have won the Masters since Tiger Woods won in 2005 as a +350 favorite. Schwartzel was the biggest longshot to win when he surprised the golfing world back in 2011. Most recent winners fall in the +1,000 to +3,000 range. 

There also hasn't been a repeat champion at the Masters since Tiger Woods won back-to-back tournaments in 2001 and 2002. Only four golfers since 2000 have won the event twice in three years: Woods, Bubba Watson (2012, 2014), Phil Mickelson (2004, 2006), and Scottie Scheffler (2022, 2024).

Another trend worth noting is the age of recent Masters winners: Before Woods won in 2019 at age 43, the previous 13 winners had all been under the age of 40 at the time of victory. Dustin Johnson (36), Hideki Matsuyama (29), Scottie Scheffler (25, 27), and Jon Rahm (28) have continued that trend over the last five years. 

Masters betting tools

• Masters predictions
• Masters sleeper picks
• Masters projected cut line
• Masters props
• Masters AI predictions
• Masters betting sites
• Predicting how the favorites will finish
• Golf betting sites

How to bet on golf

The Masters is the most bet golf event of the year, so naturally, there are many who will be placing their first golf bets on the tournament. If that happens to be you, we've got you covered with our beginner's guide to how to bet on golf.

The most popular way to bet on golf is by simply picking the winner, which is referred to as an outright. There are plenty of other ways to wager, however, including top finishers, head-to-head matchups, and plenty of props.

More major championship odds

Odds courtesy of bet365.

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