Despite delays and all, the 2020 Masters Tournament culminated in a thrilling fashion at Augusta National Golf Club in the fall. In typical times, the Masters is a springtime event that’s held as the PGA Tour season heats up. This time around, it was pushed back to November 2020 and served as the capper for an exciting series of golf majors.
The Masters is one of the most exciting sporting events of the calendar year, and it’s better now that you can legally and safely bet on it in Illinois. Here is our complete guide to betting on the Masters.
As one of the biggest events on the yearly golf calendar, the Masters always generates high levels of interest. It’s not just relegated to frequent fans of the sport, either. The Masters attracts plenty of betting traffic from even those who don’t follow golf closely.
Interest is so high in this yearly event that there’s an active futures market for the Masters. Odds for the next edition are released soon after the current event is in the books. There will be a Masters odds list for all the golfers who compete.
The betting public begins weighing in soon after the numbers are released. After that starts to happen, there can be a shift in the Masters betting odds. This will continue throughout the year as wagers come in and sportsbooks adjust the numbers in response.
Some golfers will attract lots of interest and see their odds shorten, while action will be scant on others and their odds will drop as a result. It’s important to remember that the odds won’t be the same at every legal operator.
For example, PointsBet Sportsbook may have odds of +900 on Jon Rahm, while BetRivers has his price set at +1,000. As you wager on futures, the idea is to get the best prices possible on the golfers you are interested in, so taking the time to shop around can definitely be worthwhile.
Below is a futures feed for the odds on this years top upcoming PGA events from Michigan sportsbooks. Tap the drop down menu on the top left to find player odds for this year’s Masters Tournament.
In 2019, Tiger Woods was a sentimental choice to pick up the win at the Masters; however, oddsmakers saw things differently. Woods was given odds that were behind a number of the top favorites, but he still attracted plenty of sports betting action.
Bettors who made the call on Woods turned out to be quite prescient. He entered the final day two strokes behind before going out on Sunday and delivering a performance for the ages to win his fifth green jacket in thrillingly fashion. However, Woods wasn’t able to defend his title in 2020, closing with a 4-over-par-76.
Woods was also victorious at the Masters in 1997, 2001, 2002 and 2005. The lengthy span in between titles was a record-setting achievement for Woods, and there are plenty of folks out there who feel he’s not done yet.
Despite it all, does that make him worthy of a wager or two? It comes down to how you assess the overall field. If you’re confident that it’ll be one of the favorites or an intriguing dark horse who takes it down, then Woods may only be worth a speculative wager.
For those who believe Augusta National will once again bring out the best in Woods, then you should certainly follow your instincts. That said, remember that you don’t need to back only one golfer regardless of what you decide. You can allocate a portion of your Masters’ budget to Woods and spread out the risk in other places.
When the Masters rolls around, you won’t be lacking for opinions on which golfers will win. This event receives extensive media coverage, so there will be plenty of picks and hot takes to review.
However, it takes a lot more than that to cash some winning tickets once the tournament is in the books. Here are some tips to lean on as you break down the Masters field:
You can bet on the Masters nearly all year-round thanks to the futures market. Sportsbooks release odds for the next Masters soon after the current one is completed. Bettors weigh in right away, and the market will stay active throughout the season.
You’ll be able to pick your spots at any time, but it’s important to remember that futures require a long-term view. Your funds will be tied up until a winner can be called, so be sure to only wager within your comfort level.
Futures are a great way to bet on the Masters, but you also have other choices. Here are some of the more popular ways for you to get in on the action:
You don’t have to stop wagering once the first tee shot is hit at the Masters. Live betting provides bettors with the opportunity to wager in real-time as the event plays out. Also known as in game betting, this is a fast-moving market. Leading sportsbook apps make it a breeze to stay on top of the action.
To start, click through on our exclusive links to create an account. You’ll get some great bonus offers for doing so. The sportsbook registration process takes a couple of minutes. Once that’s all set, download the app for your device from the sportsbook website.
Next, just log in on mobile and you’ll be good to go with a live sportsbook in your pocket. You can watch the Masters while keeping an eye on the app for betting opportunities.
The tech used by top operators is fantastic and has evolved to the point where you can even bet on individual shots. Live betting is a great way to enhance the Masters’ experience while also opening up more chances to have some winning bets.
As you gain experience with multiple sportsbooks, you’ll find that many of the rules are similar. However, certain situations can be handled differently. For the Masters, here are the biggest points to remember:
That’s the gist, but we once again have to stress reviewing the house rules, especially on players who are unable to finish. You can find the golf betting rules in the help section of online sportsbooks and apps.
In normal years, the Masters is one of the biggest highlights of the spring sporting calendar. For 2021, here are the details:
Interest continues to grow in the Masters, and it’s not just because legal sports betting continues to take off. Over the past decade, we have seen some absolutely stellar performances at Augusta National. Here’s a look back at the winners and runners-up over that span:
|Year||Winner||To Par||Runner-Up||To Par||Purse||First Place Share|
|2020||Dustin Johnson||-20 (Record)||C. Smith, S. Im||-15||$11.5M||$2.07M|
|2019||Tiger Woods||-13||D. Johnson, B. Koepka, X. Schauffele||-12||$11.5M||$2.07M|
|2018||Patrick Reed||-15||Rickie Fowler||-14||$11M||$1.98M|
|2017||Sergio Garcia||-9||Justin Rose (lost playoff)||-9||$11M||$1.98M|
|2016||Danny Willett||-5||J. Spieth, L. Westwood||-2||$10M||$1.8M|
|2015||Jordan Spieth||-18||P. Mickelson, J. Rose||-14||$10M||$1.8M|
|2014||Bubba Watson||-8||J. Blixt, J. Spieth||-5||$9M||$1.62M|
|2013||Adam Scott||-9||A. Cabrera (lost playoff)||-9||$8M||$1.44M|
|2012||Bubba Watson||-10||L. Oosthuizen (lost playoff)||-10||$8M||$1.44M|
|2011||Charl Schwartzel||-14||J. Day, A. Scott||-12||$8M||$1.44M|
The Masters traces its roots all the way back to 1934, with 2020 serving as the 84th edition of one of golf’s signature events. There have been lots of memorable moments at Augusta National through the years, and plenty of them are worthy of discussion for being the most memorable. Here are five that are more than deserving of being in the conversation:
Part of what makes the Masters so distinct is that it’s still regarded as an invitation-only event. However, there is a specific process that determines who makes it into the field. Included on the list are previous winners of the Masters, golfers who have won any other major over the past five years, and those who have been the top performers for the season at hand.
When legal US sports betting was only available in Las Vegas, that was the place to go to get the odds. These days, it’s a different story. Now that sports betting has been legalized in a growing list of states, operators outside of Sin City are dishing out numbers that are right in line with what you’ll find out in the desert.
The green jacket was a signature part of the attire for members at Augusta National from 1937 through 1948. Starting with the 1949 Masters, the winner of the tournament also began receiving a green jacket, and those who had won previous editions were also awarded one. The tradition is still going strong, with the green jacket remaining a highly desirable commodity.
In the late 1950s, a sportswriter was looking for a phrase that would capture the complexities of navigating a stretch from hole 11 through 13 at Augusta National. He landed on Amen Corner, and his turn of the phrase was quite well received. It has become a standard part of the lexicon during broadcasts of the Masters and in discussions of the event.
A pool for the Masters tournament breaks the golfers in the field down into specific tiers. Entrants into the pool have to pick one choice from each tier. Once the tournament is complete, the top-scoring entrants win. You can find free-to-play Masters pools online.