Betting On The 2023 Masters

The Masters is the first of the four major golf tournaments and leads the way for plenty of Masters betting opportunities. Betting on the Masters with a betting site isn’t just all about the odds though. They have plenty of other benefits to them as well such as promotions and an overall easy to use platform. Throughout this page, we’ll give show you the ins and outs of betting on the Masters such as what the current odds are, which sportsbooks are the best for Masters betting, different betting types, and everything in between.

2023 Masters Betting Odds

Can You Bet On The Masters With Online Sportsbooks?

Yes, you can use several online sportsbooks to bet on the Masters from wherever you regardless of which state you are in and if they have regulated sports betting or not. There are no laws or restrictions by any state governments or the federal government that would prohibit you from doing so either. That said, you should never have to worry about betting on the Masters with an online sportsbook.

Best Sportsbooks To Bet On The Masters


The Top Masters Betting Site

Bovada stands tall as the top Masters betting site that you can choose from and for several reasons. They offer odds on the Masters all year round and are constantly updating them based on what is going on. They have other benefits such as an easy to access and easy to use platform where all of their Masters odds can be reached in just seconds from any device. That said, they have also been trusted by many for well over a decade.


Masters Prop Bets

The great thing about BetOnline is that their Masters odds extend well beyond just betting on the outright winner of the tournament. The Masters comes with loads of prop bets as well such as head to head odds, 3-ball odds, placement odds, and much more. With their prop bets, they could start becoming available to bet on months in advance giving you the best possible value for you to get in on them.


$1,000 Masters Betting Bonus

When signing up with MyBookie to bet on the Masters, you can take advantage of a $1,000 betting bonus just for signing up and making your first deposit into your account. The way this works is that MyBookie will match your initial deposit by 100% up to $1,000. You can use this deposit bonus with any of the financial methods that they accept including your everyday banking cards, cryptocurrency, and much more.

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.

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Previous Masters Winners

Year Winner Opening Odds
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?

Absolutely, the sportsbooks that host Masters betting odds are all considered some of the safest and most relied on in the industry. That is thanks to their 24/7 customer service that will take the time to walk you through any issue until it is resolved. They also have some top-notch measures such as encrypted links that will secure your financial and personal information both on their servers and your web browser.