Betting On The 2024 Masters

Betting on the 2024 Masters at online and mobile sportsbooks is easy for US residents. The only thing that may be difficult is finding a legit betting site for when the golfers tee it up at Augusta National Golf Club. That is where we come in. Our experts at BettingOnTheMasters.com bet on the green jacket annually at the 2024 Masters betting sites we review here. With personal experience that dates back well over 50+ combined years, we have covered all the details for users who need to know how to bet on the Masters before it tees off on April 11, 2024.

2024 Masters Betting Odds

Can You Bet On The Masters Online?

Whether you want to bet on Scottie Scheffler or a distant long shot, there are many online sportsbooks that you can bet on the Masters with. These betting sites include industry aces like Bovada and BetOnline which have proven to be as trustworthy as Tiger at Augusta for the majority of the 2000s. The platforms that are legal for betting on the Masters below are allowed to operate throughout the country because the sites operate as online foreign businesses that the United States is required to allow via the World Trade Agreement.

Best Sportsbooks To Bet On The Masters

#1

Bovada – The Top Masters Betting Site

The best Masters betting site for US residents is Bovada. With free deposits for all new players, plus a fee-less withdrawal for all first-timers as well, no site takes care of its players more. Those free transactions are great for one-off bettors at the Masters because it gives them the best chance to be profitable. A few other notes about betting on the Masters at Bovada include:

  • Bonuses? Available for crypto (75% match up to $750) and credit/debit (50% match up to $250)
  • Deposit Methods: Cryptos (6 Currencies), Credit Cards & Debit Cards (Visa/Masters), and MatchPay (All major peer-to-peer payment processors)
  • Payout Methods: Cryptos (6 Currencies), Bank Wire Transfer, Check by Courier, and MatchPay (Major peer-to-peer payment platforms)
  • Favorites at the Masters: 1. Scottie Scheffler (+650) T-2. Jon Rahm (+1000) T-2. Rory McIlroy (+1000)

#2

BetOnline – Great Site For Betting On Masters Props

BetOnline has been accepting Americans who want to bet on the Masters for over 20 years. That history is important to bettors, as it shows BetOnline is trustworthy. To put BetOnline’s history since the site was founded in 2004 into context, Phil Mickelson had yet to win one of his six major championships including any of his three wins at Augusta. We recommend checking it out to see why BetOnline has lasted that long.

  • Bonuses? All new players can get up to $1,000
  • Deposit Methods: Cryptos (Over 15 Currencies), Credit Cards & Debit Cards (Visa/Masters/Amex/Discover), Money Order, and Wire Transfer
  • Payout Methods: Cryptos (15+ Currencies), Check by Courier, Money Order, and Wire Transfer
  • Favorites at the Masters: 1. Scottie Scheffler (+700) 2. Rory McIlroy (+1100) 3. Jon Rahm (+1200)

#3

MyBookie – Beginners Masters Sportsbook

For a simple betting experience for the Masters, MyBookie is an excellent option. Players can easily navigate through the golf section to the Masters subsection, with the sportsbook then easily letting players toggle between props and standard lines for the tournament. That organization is helpful for new and experienced Masters bettors because there are so many odds on the event at MyBookie. Players can bet on the finishing positions, outright winners, and leaders by region at the sportsbook.

  • Bonuses? $1,000 in free play is available for each new user
  • Deposit Methods: Cryptos (10 Currencies) and Credit Cards & Debit Cards (Visa/Masters)
  • Payout Methods: Bitcoin, Wire Transfer, and Check by Courier
  • Favorites at the Masters: 1. Scottie Scheffler (+700) T-2. Rory McIlroy (+1100) T-2. Jon Rahm (+1100)

Masters Betting Types

Futures Odds

These are the simplest Masters odds to understand as you are simply betting on which player you think is going to win the tournament outright. The thing to take note of with these odds is that they constantly shift depending on what is happening with the players before and during the tournament.

Head To Head Odds

These odds are similar to moneyline and futures odds where you are betting on an outright winner. The difference is you are betting on which of two selected golfers is going to finish with a higher placing.

Make/Miss Cut Odds

Make/Miss cut odds are simple yes or no odds where you are betting on if a specific player will make or miss the cut to move on to the next round.

3-Ball Odds

3-ball Masters odds usually come in the early rounds where players are placed in groups of three and you are betting on which of the three will have the best total score at the end of the round.

Placement Odds

Odds on a players placement come in the form of futures odds as well, however, instead of it being odds on a player to win outright, you are betting on if a player will finish in the top-5, top-10, and even top-20.

BetOnline Sportsbook

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Previous Masters Winners

Year Winner Opening Odds
2023 Jon Rahm +1000
2022 Scottie Scheffler +1600
2021 Hideki Matsuyama +6000
2020 Dustin Johnson +800
2019 Tiger Woods +1200
2018 Patrick Reed +4000
2017 Sergio Garcia +3000
2016 Danny Willett +5000
2015 Jordan Spieth +1000
2014 Bubba Watson +5000
2013 Adam Scott +2500

Masters Betting Deposit Methods

Depositing funds into your sportsbook account to bet on the Masters can be done easily with all of the financial options you can choose from. Sportsbooks have guidelines for every Masters betting deposit methods such as deposit limits, deposit fees, and processing times that can vary. Some deposit methods that you can find on these Masters betting sites are:

  • Credit/Debit Cards (VISA, MasterCard, AMEX, Discover)
  • Cryptocurrency
  • MatchPay (Venmo, PayPal, CashApp, Zelle, etc.)
  • Wire Transfer
  • Money Order
  • Voucher

Withdrawal Methods When Betting On The Masters

Similar to making a deposit, withdrawing from your Masters sports betting account is just as easy and comes with the same guidelines such as limits, fees, and processing times that can all vary. The main difference though when withdrawing though is that you cannot get your winnings sent back to your card. You will need to choose another form of online banking. Different Masters betting payout methods can be found right here.

  • Cryptocurrency
  • MatchPay
  • Voucher
  • Money Order
  • Wire Transfer
  • eCheck
  • Check By Courier

Masters Betting With Cryptocurrency

Using cryptocurrency to bet on the Masters is one of the most convenient things that you can do. That is because whether you are depositing or withdrawing with it, there are no transaction fees, instant processing times, and easy to manage limits. You can also directly link your crypto wallet directly to your betting account and transfer funds within seconds. When withdrawing with crypto, you can only do with what crypto method you deposited with. You cannot deposit with another financial method and withdraw crypto. You also cannot deposit with one crypto and withdraw with another. Different sites let you make transactions with more crypto options than others but some of the accepted cryptos across the Masters betting sites are:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Bitcoin Cash
  • Tether

Betting On The Masters From Your Phone

You have the freedom of betting on the Masters right from your phone or any other mobile device that has access to the internet. The great thing about the Masters sportsbooks on this page is that they do not require you to download an app that would take up space on your phone. All you need to do is use the web browser on your device and access the sites URL and log in like normal. Some of the devices that you can use to do so include:

  • iPhone
  • Android
  • Google Pixel
  • Samsung Galaxy
  • iPad
  • Lenovo
  • LG Wing
  • Microsoft Surface

Are Sportsbooks That Have Masters Odds Safe?

If you have chosen trustworthy legitimate sportsbooks like Bovada and MyBookie, betting on the Masters is 100% safe. Players will want to find sportsbooks that have been around for an extended period of time because that means they aren’t frauds and they are focused on the customer experience. For real money gamblers, we suggest 2024 Masters betting sites that have multiple layers of safety to protect consumers. Some of those features at Bovada and other similar sites include 24/7 customer service and multi-bit encryption that prevents user information from ever being at risk.