Jordan Spieth’s Odds to Win 2021 Masters Rise From +6000 to +1000

By in The Masters on
3 Minute Read
  • Jordan Spieth is the most popular betting option heading into the 2021 Masters
  • Spieth won the 2015 Masters, but has struggled to regain his old form ever since
  • Johnson, Rahm, Thomas among other betting favorites

Tiger Woods is almost always among the most popular options among casual bettors when it comes to winning The Masters. However, the injuries Woods sustained in his February car accident will keep him on the sidelines when the 2021 Masters gets underway later this week.

With Woods out of the mix, bettors are seemingly flocking to the player that was once Tiger’s heir apparent on the PGA Tour. Jordan Spieth, who has enjoyed very limited success since winning the 2015 Masters, has become an awfully popular betting option heading into Thursday.

Spieth has been in flying form in recent weeks. The Texas native picked up a victory at the Valero Texas Open last weekend. In his last seven starts over the past two months, Spieth has finished in the top-10 five times. He also has an eighth-place finish and a tie for 48th in that span.

Thanks to his recent run, Spieth’s odds to win The Masters later this week have improved considerably. Spieth is now listed at +1000 at Caesars Sportsbook by William Hill after opening down at +6000.

Momentum for Spieth

Nick Bogdanovich, the director of trading for William Hill US, told ESPN,

“No question he’s by far the leader with the most tickets and most dollars bet. They walked it down pretty good – 60, 50, 40, 20. Every number there’s tickets and dollars, so I mean they’re loaded up on Spieth. People saw this coming from a long way away, and then he started playing well again, so hats off to the guys who got in early.”

Spieth’s career was on a skyward trajectory when he won three majors back in 2015 at the age of just 21. He has struggled ever since, but he does have a pair of top-three finishes at Augusta (2016, 2018) since his victory six years ago.

Some sportsbooks took bets on the 2021 Masters as early as last December. Circa Sportsbook, which listed Spieth at +8600 late last year, reportedly started to take bets on the 27-year-old back then. Bettors were eager to take advantage of his long odds given his solid track record at Augusta, but his excellent form in recent weeks has caused his odds to shorten considerably around the industry. The Masters is almost always the most popular golf betting event at sportsbooks around the US every year, so most sportsbooks take futures bets on the tournament year-round.

Jeff Sherman of the Westgate SuperBook in Las Vegas told ESPN,

“I went from 60-1 to 30-1 when he went out and shot a 61 at the Phoenix Open and really got people’s attention. But we’ve got a few tickets on him because he sat at 60-1 for a bit, and he’s a small liability for us now.”

DJ Still Favored

Dustin Johnson, who cruised to an easy win at The Masters in November, is still a +900 favorite entering Thursday’s first round. Johnson has struggled since winning The Masters for the first time late last year, but he is still ranked No. 1 in the world. Bryson DeChambeau (+1100), Justin Thomas (+1000), Jon Rahm (+1200), Rory McIlroy (+1400), and Patrick Cantlay (+2000) round out the rest of the Masters betting favorites.

Johnson opened as low as +700 after dominating the field on his way to a -20 showing in November, but his ragged recent form has cooled interest among bettors. DeChambeau entered November’s tournament as a +900 favorite before finishing tied for 34th.

Lee Westwood is a major liability for Circa Sportsbook entering Thursday. While Westwood has never won The Masters, the PGA Tour veteran is routinely in contention come Sunday. Westwood started at +14500 before the odds plummeted to +4700. They have since settled around +6100. Westwood has played well over the past few weeks and has a solid track record at Augusta, as well.

Jose Maria Olazabal is reportedly the biggest liability for the Westgate SuperBook. Olazabal won The Masters in 1994 and 1999, but the 55-year-old hasn’t finished below par at The Masters in any of his last 12 starts. However, the liability comes because one bettor placed a $100 wager on Olazabal at +100000. If Olazabal winds up winning The Masters for the third time this year, that bet will pay out $1 million.

Taylor Smith

Taylor Smith has been a staff writer with GamblingSites.org since early 2017. Taylor is primarily a sports writer, though he will occasionally dabble in other things like politics and entertainment betting. His primary specialties are writing about the NBA, Major League Baseball, NFL and domestic and international soccer. Fringe sports like golf and horse racing aren’t exactly his cup of tea, bu ...

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