⛳ Masters Odds & Favorites 2026: Get the Value This Weekend

The final tune-up event ahead of the 2026 Masters is underway and the final invitation to first major of the golf season at Augusta National Golf Course will be awarded to the winner, if not already exempt.

This is the final weekend to get value from the Masters odds for the majority of the 91-man field. Odds will shorten as the betting market resets and sharpens Sunday night. We'll see very little fluctuation in the odds through next week leading up to Thursday's opening round.

Read on to see who I've bet throughout the year, and how I'll be wagering on the 2026 Masters winner.

📊 Live Masters odds 2026

Here are the live 2026 Masters odds from our best sports betting sites. The odds update in real time to help with your golf picks:

⛳ Masters odds betting favorite

Scottie Scheffler (+550)

Scheffler finished fourth in last year's Masters despite never really appearing to be at the top of his golf all week in Augusta, Ga. That was far from the truth for the remainder of the PGA Tour season, as Scheffler won two majors (PGA Championship and British Open) and four other tournaments from May through September.

Bet against the two-time Masters winner at your own risk, but there's almost assuredly no harm in waiting. His odds have jumped up from +300 early in the year to +550 now.

☘️ Rory McIlroy's Masters odds (+1200)

McIlroy collected three international victories in addition to his long-awaited Masters win in April of last year. He also had two runner-up finishes, a third-place result, and five other top 10s with just missed cut through 22 events played. He finished the year second in the OWGR.

McIlroy has always been viewed as the perfect course fit for Augusta National. Last year's breakthrough victory could start a green jacket collection for the Northern Irishman.

💪 Bryson DeChambeau Masters odds (+1100)

Bryson DeChambeau's Masters win probability is hovering around 8%. I have last year's T-5 finisher pegged as being far more likely to win his third career major.

DeChambeau is my best bet to win the Masters. I value him playing in the final pairing alongside Rory McIlroy a year ago, and learning from McIlroy's ability to finally overcome his Masters demons and his near-disaster on the back 9. The YouTube and LIV Golf star won back-to-back events in Singapore and South Africa this year, and nobody in golf enters the Masters with as much confidence and self-belief.

💰 Masters futures best bets

Here are our early Masters futures from our golf betting experts; odds may have changed since bets were placed:

All of my 2026 Masters best bets have been placed in 2026. I've been following player form early in the PGA Tour, LIV Golf, and DP World Tour seasons, and often placing bets during precursor events. I expect to get closing line value on each of these bets, as these five will be popular bets come Masters week, when casual golf fans and bettors begin to do tournament research and join the betting market.

I'll likely limit myself to 1-3 outright bets during the tournament week, as we often see much better value in the futures market. At that point, I'll decide whether to bet on Scheffler or McIlroy, with odds likely the main differentiator. I'll be filling out my card with Masters prop bets, including the Masters projected cut odds.

Tiger Woods withdraws from 2026 Masters

Tiger Woods has withdrawn from the Masters and announced via X.com on Tuesday that he'll be "stepping away for a period of time" to focus on his health. It's unlikely he'll participate in the 2026 Masters.

🌳 Masters info 2026

• When: Thursday, April 9 - Sunday, April 12
• Where: Augusta National Golf Club, Augusta, Ga.
• Defending champion: Rory McIlroy
• How to watch: Prime Video, ESPN, CBS (Paramount+), Masters.com
• Favorite: Scottie Scheffler (+550 via FanDuel)

 📺 How to watch the 2026 Masters?

The Masters will be available for longer and in more ways than ever before, with Prime Video picking up early-afternoon coverage on Thursday and Friday. Masters.com will once again carry every shot of the tournament. Here's the full broadcast info:

Canadian viewers can watch the Masters on TSN and CTV, and french viewers can watch on RDS. Sky Sports covers the Masters in the U.K.

📖 Masters opening odds 2026

Here are the opening Masters odds for the 2026 tournament at Augusta National Golf Course, as of April 20:

• Scottie Scheffler (+500)
• Rory McIlroy (+550)
• Ludvig Aberg (+1400)
• Bryson DeChambeau (+1600)
• Xander Schauffele (+1600)
• Collin Morikawa (+1800)
• Jon Rahm (+2000)
• Justin Thomas (+2000)
• Hideki Matsuyama (+3000)
• Brooks Koepka (+3500)
• Viktor Hovland (+3500)
• Joaquin Niemann (+4000)
• Jordan Spieth (+4000)
• Patrick Cantlay (+4000)
• Tommy Fleetwood (+4000)
• Shane Lowry (+5000)
• Cameron Smith (+6000)
• Corey Conners (+6000)
• Jason Day (+6000)
• Justin Rose (+6000)
• Min Woo Lee (+6000)
• Patrick Reed (+6000)
• Robert MacIntyre (+6000)
• Russell Henley (+6000)
• Tyrrell Hatton (+6000)
• Will Zalatoris (+6000)
• Akshay Bhatia (+8000)
• Max Homa (+8000)
• Sahith Theegala (+8000)
• Sepp Straka (+8000)
• Sungjae Im (+8000)
• Tony Finau (+8000)
• Wyndham Clark (+8000)

🏌️ Masters field 2026

Here is the 2026 Masters field as of the week of the Valero Texas Open; the field consists of 91 invitees (amateurs marked with (A)):

The following past champions have been invited but won't be participating:

• Tommy Aaron
• Charles Coody
• Ben Crenshaw
• Nick Faldo
• Raymond Floyd
• Trevor Immelman
• Bernhard Langer
• Sandy Lyle
• Phil Mickelson
• Larry Mize
• Jack Nicklaus
• Mark O'Meara
• Gary Player
• Craig Stadler
• Tom Watson
• Tiger Woods
• Ian Woosnam

Masters eligibility criteria

Here are the various ways by which to qualify for the Masters:

• 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 Ranking: 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 betting history

Here is a look at recent Masters winners and their odds prior to Round 1:

Historical odds via Sports Odds History.

🧠 How to bet the Masters

1. Research players and the course: Learn about the strengths and weaknesses of different golfers and how Augusta National typically plays.
2. Shop for the best odds: Compare odds at different sportsbooks to get the best possible value for your bets.
3. Start with simple bets: Begin with straightforward bets like outright winners before moving to more complex markets.
4. Set a budget: Decide how much you're willing to bet and stick to it. Golf betting can be unpredictable, so it's essential to gamble responsibly.
5. Enjoy the experience: Betting on the Masters can add excitement to watching the tournament, but remember it's for fun. Stay informed and enjoy the golf!

🔢 How to read golf odds

Here's how to read golf betting odds using American odds format:

• Positive odds: Positive odds indicate the potential profit on a $100 wager. For example, if a golfer has odds of +300, it means that a $100 bet would yield a profit of $300 if the golfer wins the tournament. So, your total payout would be $400 ($300 profit + $100 original stake).
• Negative odds: Negative odds represent the amount you need to wager to win $100 in profit. For instance, if a golfer has odds of -200, it means that you would need to bet $200 to win $100 in profit if the golfer wins. Your total payout would be $300 ($100 profit + $200 original stake). In a tournament like the Masters, it's unlikely to see negative odds on any golfer until late in Sunday's final round while using our best live betting sites.

Understanding these American odds allows you to quickly assess the potential payout and implied probability of a golfer winning a tournament. Positive odds indicate an underdog, while negative odds signify a favorite.

Odds will move leading up to a tournament's start and throughout the event. Live odds will be reflective of the current leaderboard, golfer performance, and the position of the pre-tournament favorites. The odds also factor in the popularity of certain golfers, and how much money the sportsbooks have taken on those golfers to win the tournament.

❓ Masters FAQs

Who is the favorite to win the 2026 Masters?

Scottie Scheffler has odds of +550 via FanDuel to win the 2026 Masters. These odds represent an implied win probability of 15.38%.

Has Tiger Woods confirmed he's playing the 2026 Masters?

Tiger has not yet committed to playing the 2026 Masters, last saying that the door isn't closed.

When does the 2026 Masters start?

The 2026 Masters will be played from Thursday, April 9 through Sunday, April 12.

Where is the 2026 Masters?

The Masters is held every year at Augusta National Golf Club in Augusta, Ga.

How can you watch the Masters?

Television coverage of the Masters is split between ESPN and CBS. The tournament can be streamed on Masters.com.

Who won last year's Masters?

Rory McIlroy won last year's Masters at 11-under par, defeating Justin Rose in a one-hole playoff.

Who was the last back-to-back winner of the Masters?

Tiger Woods in 2001 and 2002 was the last golfer to win the Masters back-to-back.

Who's won the most Masters?

Jack Nicklaus' six career Masters wins are the most of all time. The last of those wins came in 1986.