When it comes to betting on golf, sportsbooks pull out all the stops for the Masters.
The first major tournament of the PGA Tour season is also its biggest, and oddsmakers roll out a long list of Masters prop bets to feed that massive audience and give you multiple ways to wager on the Masters.
The 2024 Masters tees off on April 11, and prop odds will soon hit the board at online sportsbooks. Here are the most popular pre-tournament golf odds — and live props you can still bet — for your Augusta golf picks.
Hole-in-one
The Masters hole-in-one prop is a simple Yes/No wager: Will someone record a hole-in-one during the tournament? There have been 33 aces in Masters history; recently, Stewart Cink recorded a hole-in-one during the 2022 tournament.
Nationality props
The Masters is an international affair with the best golfers from around the globe coming to Augusta National. Nationality props segment players from different countries and regions together and allow you to bet on which one will have the best finish of that group, such as betting on the top American golfer or top European.
Top American
Top European
Top Canadian
Top Asian
Top Rest of World
Nationality winner props
You can also bet on which nationality will produce the Masters champion.
Cutline props
Sportsbooks will set cutline props for most of the big-name golfers in the Masters field, allowing you to bet on whether individual players will make the weekend cut after the first two rounds. These Masters props are offered in a Yes/No format with a moneyline price assigned to each option.
You can also bet on the Masters' projected cut line for the 36-round cut after Round 2, with oddsmakers setting an Over/Under on the two-round score.
Playoff props
The playoff prop is another Yes/No option, allowing you to bet on whether the Masters will be decided in a playoff. A playoff has been needed in 17 of 85 Masters tournaments going back to 1934, with the most recent coming in 2017 when Sergio Garcia beat Justin Rose in the sudden-death format.
Wire-to-wire winner props
The wire-to-wire winner prop is another Yes/No option, allowing you to bet whether one golfer for the tournament will lead the Masters.
Winner to come from final pairing props
This prop allows you to be Yes/No on whether the Masters champion will come from the final Sunday pairing.
Will anyone record an albatross?
An albatross (or a double eagle) is a score of 3-under-par on a single hole (two shots on a Par 5 or a hole-in-one on a Par 4). There have only been four albatrosses recorded in Masters history, with the last one coming from Louis Oosthuizen in 2012. Due to this rarity, the Masters' albatross prop pays out at high odds.
Winning score
Betting on the winning score of the Masters is a very popular prop bet, as it is not tied directly to the success of a particular player. Rather, it is an Over/Under wager in which the oddsmakers set a predicted final score for the Masters champion, and you can wager on whether or not the winner will finish Over or Under this final score. The winning score of the 2022 Masters was 278 (-10) through four rounds. Bettors can also bet on the winning margin of the Masters' winner.
Lowest tournament round
You can also bet on the lowest tournament round of the tournament. The Masters course record is 63 (Nick Price, Greg Norman) but there have been many cases of an 8-under 64 in recent years, including Rory McIlroy's final round in 2022 and Jordan Spieth's final round in 2018.
 |
|
|---|---|
| Over 64 | -130 |
| Exactly 64 | +187 |
| Under 64 | +400 |
Fun props
Oddsmakers continue to get more and more creative each year with their prop markets. Examples include the longest drive, balls in the water on Hole 12, most strokes on a single hole, and many more.
Where can I bet on Masters props?
The Masters is the most popular golf event of the year for sports bettors. Most betting sites will offer Masters odds but the top sites are safe and secure, offer a wide range of banking options, and give you a ton of markets for each game. Check out our top golf betting sites in your region.
Masters prop bets explained
All golf tournaments have alternative wagers on the board, but books go big with Masters prop bets every spring. Not only can you wager on the odds to win the Masters and head-to-head matchups but also a laundry list of props and extra offerings.
Tips for betting Masters props
Whether you’re betting on player odds or tournament markets, here are some tips for betting on Masters props.
Current form
When it comes to betting on Masters players props, the first place you should look for info is that player’s current form. Have a good look at their level of play entering the tournament and the different aspects of their game: driving, approach, and putting.
Course history
Take a look back at how they’ve performed at Augusta National in past Masters as well as other big major tournaments. Do they step up on the big stage of the Masters or crumble under the pressure of these elite events?
Watch the weather
Weather can have a huge impact on players and overall tournament performance. Winds, rain, and cold temperatures can make the course play short while warmer weather can dry out the fairways and greens and have it playing fast and long. And don’t just look at that day’s forecast: check the weather heading into Round 1 and throughout the weekend.
Set a narrative
Figure out how you see the Masters playing out and which players you want to bet on and against during the tournament. From there, set a narrative and bet accordingly. If you expect the course to play long, side with those players who hit big off the tee box and jump on their Over props. If you believe a notable golfer will struggle, go against them not just in matchups but his score props and round-by-round odds.
Instant Replay: Masters prop bets
Betting on props for the Masters can be a fun and profitable way to add to your portfolio of wagers for the tournament.
- Masters prop bets can focus on individual player performances, specific happenings during the tournament, or the final outcomes of the overall event.
- The most popular Masters prop bets are Yes/No wagers or Over/Under options, like “Will there be a hole-in-one?” and “Over/Under of the cutline?”.
- Historic player performance at Augusta National is important to measure as some golfers excel at the Masters every year.
- Always watch the weather when betting on Masters prop bets.
Masters prop bets FAQs
Masters props are released on Monday or Tuesday of the week heading into Round 1 on Thursday.
Masters props can pay out as they happen, at the end of the round, or at the end of the tournament.
There are a number of Masters props you can bet on, including Over/Under on the winning score and the top American golfer for the tournament.
