Complete 2021 Masters Betting Preview

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The Masters takes place starting on Thursday, April 8th, and it stands as perhaps the most prestigious of all golf tournaments thanks to a combination of rich history and the difficulty of the course. Augusta National in Georgia figures to return to its challenging nature now that it’s taking place again in the spring. And the course is hard and fast. If you’re planning on betting on the action at online sports betting sites, we have you covered with this guide.

Golf fans circle certain dates on the calendar each year because of the prestige of the tournaments taking place on those dates. The Masters is one of those dates, as it has been the scene for many incredible performances and fantastic finishes. After last year’s event was pushed back on the schedule due to health and safety concerns, a return to normalcy of sorts takes place this week—with the tournament’s return to its traditional date and golf bettors are primed for the action.

With that in mind, we’re here to help you to make your wagers by providing this complete gambling betting guide. We’ll give you the details of the tournament and look at the different Masters betting odds available to you. Finally, we’ll preview some of the players who might win it all, while also providing our pick.

When Is The Masters?

The Masters takes place this week at Augusta National Golf Club in Augusta, Georgia, beginning on Thursday, April 8th, 2021. It is scheduled to conclude on Sunday, April 11th. There is a possibility that the dates could be affected by weather, perhaps pushing back the determination of the winner until the beginning of next week.

Play begins on Thursday morning with the honorary starters hitting their drives beginning at 7:30 AM Eastern Time. The actual field is allowed out on the practice range shortly after that. Tee times begin at 9:15 AM and play should continue until around 7:30 PM or whenever daylight finally gives out.

Play continues on Friday with the same schedule for the participants. After the field is cut down following Friday’s play, the remaining players will tee off starting at 10:15 ET on both Saturday and Sunday. Barring any delays, the champion should be crowned at around 7:00 Eastern on Sunday evening.

How Do You Watch The Masters?

There are several different ways that you can watch the 2021 Masters. The television broadcast will take place on each of the tournament days starting at 3 PM ET and concluding at 7 PM. Here are the networks where you can watch all the action on traditional broadcast television:

  • Thursday: ESPN
  • Friday: ESPN
  • Saturday: CBS
  • Sunday: CBS

CBS has long been the home of the Masters broadcast. ESPN takes care of the early rounds while using some of the same personnel.

You can also live stream the action at the Masters via or the CBS Sports app, which is available on the Paramount + network. On top of that, provides a concurrent live stream of the action during broadcast hours. They also have streams that focus on specific holes at Augusta, such as the famed Amen Corner.

Where Is The Masters Played?

The Masters is played each year at Augusta National Golf Club in Augusta, Georgia. It hosted the very first Masters in 1934, not long after legendary golfer Bobby Jones and architect Alister MacKenzie designed it. It has hosted the tournament every year since.


Augusta is known for the gorgeous scenery surrounding the course. But the pretty surroundings hide what is an incredibly tough golf course, one that hasn’t changed all that much since the tournament first started. The greens are always incredibly tricky for putting and landing the ball safely on approach shots. And while the course isn’t particularly long by today’s standards, it has enough quirks to keep even the top players on their toes.

2021 The Masters Odds

  • Dustin Johnson – +900
  • Bryson Dechambeau – +1000
  • Jordan Spieth – +1000
  • Justin Thomas – +1100
  • Jon Rahm – +1200
  • Rory McIlroy – +1800
  • Patrick Cantlay – +2000
  • Xander Schauffele – +2200
  • Brooks Koepka – +2200
  • Collin Morikawa – +2700
  • Viktor Hovland – +3300
  • Patrick Reed – +3300
  • Daniel Berger – +3500
  • Tony Finau – +3500
  • Cameron Smith – +3500
  • Paul Casey – +3500
  • Webb Simpson – +3500
  • Sung-Jae Im – +3500

Because there are many ways to bet on golf at real money gambling websites, it’s hard to pinpoint the odds to just a single group. Perhaps the most common way for gamblers to take a shot at the Masters is to pick a winner. But that isn’t the only way you can wager on the Masters.

In fact, betting on a player to win might not be all that appealing to you, simply because it is a high-volatility wager. Even the favorite, Johnson, has odds of about 9 to 1 at golf betting sites, which means you’re really rolling the dice to bet on the action in this manner.

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Types of Bets You Can Place on The Masters

If you’re looking to narrow the odds down and give yourself a better chance of winning your Masters bets, even if might be a more modest payout, here are some other types of bets to consider:

Matchup Bets

These bets are sort of like a one-on-one battle between whatever two players you might imagine in the field. For example, you might get moneyline odds on a matchup between Bryson DeChambeau and Justin Thomas on which of the two has the better score at the end of the tournament. Matchup bets are probably the lowest-volatility wagers you can make on the 2021 Masters.

DeChambeau vs Thomas
2021 Masters Matchup Bet
Bryson DeChambeau
Justin Thomas

Group Bets

In this case, real money betting sites will put together a small group of three or four players and assign moneyline odds to each in terms of which one performs the best in the Masters. You’d be trying to pick from among this smaller group. The idea here is that you have more of a chance of winning a group bet than if you were picking the tournament winner. But you’d also get more payback potential than you would with a matchup bet.

DeChambeau, Thomas, Johnson, Speieth, Rahm
2021 Masters Group Betting Odds
Dustin Johnson
Justin Thomas
Bryson DeChambeau
Jordon Spieth
Jon Rahm

Round by Round

If you wanted to do so, you could break the 2021 Masters down to individual rounds. For example, you can bet on who’ll be leading the tournament after the first round. In doing this, you can try to take advantage of trends put together by certain players who might start fast.

Odds to Be Leading The Masters After Round 1

  • Dustin Johnson – +1600
  • Jordan Spieth – +1600
  • Bryson Dechambeau – +1800
  • Justin Thomas – +1800
  • Jon Rahm – +2000

The Masters Prop Bets

Prop bets basically cover some aspect of the action that isn’t quite related to the outcome of the tournament or to the scores of individual players. For example, one prop bet might ask you to decide whether or not you think there will be a hole-in-one at some point in the tournament. These types of bets can be either high-reward or low-risk depending on their nature, and most online betting sites offering odds on the 2021 Masters provide a wide spectrum to you.

The Masters Prop Bet Example:

Dustin Johnson to Miss the Cut at the 2021 Masters – +650

The Masters 2021 Betting Preview

The Masters Betting Favorites

  • Dustin Johnson: Johnson is the defending champ, having dominated the course in November. He set the all-time mark for lowest score ever at the Masters at 20-under par. But that was a far different course than the one they’ll be playing this week, especially in terms of the hardness of the greens. Still, Johnson is at the prime of a career that should end in the Hall of Fame, and he could easily make it two in a row, making the first back-to-back champ since Tiger Woods did it in 2001 and 2002.
  • Bryson DeChambeau: The defending US Open champion has been the talk of the golf world for the past few years for the way he brings courses to their knees with his incredible distance off the tee. It remains to be seen whether Augusta is the right place for him to bomb away. He has never finished better than 21st in the Masters.
  • Jon Rahm: The Spaniard is one of those guys who gets labeled best player to have not yet won a Major. But he has been consistently solid at The Masters, with Top 10 finishes in each of the last three years. His game clearly fits Augusta, and he could be ready for a breakthrough.
  • Jordan Spieth: The timing couldn’t be better for Spieth to have revved up his game with four Top 10 finishes this year, including a win last week in the Valero Texas Open, breaking a long losing streak. From 2014 to 2016, when he was 20 through 22 years old, Spieth went second, first, and second in the Masters. So, he loves this course. If his game is back, he could be primed for a return to Majors glory.
  • Justin Thomas: Thomas is coming off a year in which he was Top 10 in both The Masters and the PGA Championship. He’d like to add to his Majors total, as he only has one in his pocket so far (the 2017 PGA Championship). A dominating victory in the Players Championship in March shows that he is in excellent form.

Best Betting Value on The Masters

  • Tony Finau: Even though he hasn’t sealed the deal very often, Finau’s consistency of late bodes well for his chances this week at Augusta. The guy has put together a streak of five straight Top 10 finishes coming into the Masters. Still, it is a bit concerning that he only has one PGA title to his credit, as it speaks to an inability to get over the hump.
  • Collin Morikawa: After he slumped a bit at the end of 2020, Morikawa, one the sport’s top young guns, has righted the ship. Three top 10s and a win this year seem to suggest that he’s ready for another big effort. His brilliance in winning the PGA Championship last year proves that he is a guy who can step up on the big stage.
  • Lee Westwood: Westwood isn’t the most exciting choices, and the fact that he has never won a Major despite a ton of near-misses might scare people away. But his steadiness and the fact that he has been in the Top 10 at Augusta six times before, including a pair of runner-ups, means that he’ll likely give himself a chance. He’s also a good choice if you’re going to bet on an early-round leader, as he often starts fast.
  • Louis Oosthuizen: Oosthuizen is third on the PGA in putting this season, and the short game is absolutely essential to winning at Augusta. He has won a Major before (the 2010 British Open) and has had some close calls before at Augusta. Oosthuizen is the kind of guy who flies under the radar, gets hot at the right time, and finds himself battling for the title late on Sunday.
  • Adam Scott: The superstardom many predicted for Scott when he first came on the scene never quite materialized. Still, the guy has amassed 18 Top 10s in Majors, so he usually gives himself a chance at some point during a season. Considering his lone Major win came in the 2013 Masters, he could have the confidence to wake up the echoes for a stellar performance this week.

Who Will Win The Masters?

This figures to be an exciting Masters tourney, with perhaps more players having a legitimate chance to win than in quite a long time. But Jordan Spieth has his game in shape and has proven to be a guy who understands this course as well as anyone. Look for him to complete his comeback by winning the 2021 Masters.

Pick: Jordan Spieth
Odds: +1000
$100 Could Win You...$1,100
Jim Beviglia

Jim Beviglia joined as a staff writer in 2018, parlaying his years of freelance writing into contributions on a number of different topics. He handles the sport of horse racing for and the intersection between the worlds of cryptocurrency and online gambling in a weekly blog. For his full-time job, Jim handles the television and track announcing duties at a h ...

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