The Best Masters Betting Sites for Golf’s Biggest Major

Best Masters betting sites.

The Masters at Augusta National Golf Club is the biggest tournament in golf. It’s the first of the PGA Tour’s four major tournaments as the best players in the world compete for a green jacket. The top sportsbooks have plenty of odds for players to win the Masters, props, and more. Here’s a look at the best Masters betting sites.

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The Best Sports Betting Sites for the Masters

There are plenty of online betting options when it comes to placing wagers on the Masters golf tournament. Here are some of the best online sports betting options to wager on the event if you’re looking for odds to win, Masters betting odds, and more. Be sure to check out the latest offers and promotions with these Masters sportsbooks.

BetMGM

BetMGM is a reputable and widely recognized name in the sports betting industry. They offer a range of features to their customers, including live betting, the ability to “edit my bet”, and more. Furthermore, the sportsbook provides exclusive promotions for new users throughout the year along with many US Masters odds.

Caesars

Caesars is known for having one of the best VIP reward programs in the sports betting industry, which helps bettors earn valuable rewards. In addition to this program, the sportsbook offers live betting, promotions, odds boosts, and other features for golf bettors looking to make their Masters picks. It’s worth it to start betting online with Caesars.

FanDuel

FanDuel is one of the biggest sportsbooks in the US and is well-known for its live betting options which are considered some of the best in the industry. It is an excellent choice for those ready to bet on the first major of the year. The sportsbook provides users with the ability to bet on the Masters winner, props, and more for the biggest golf event of the year.

DraftKings

DraftKings is a highly popular and widely used sports betting platform across the United States. The platform features a rewards program that allows users to earn bonuses, promotions, odds boosts, and other perks for bettors looking to get in on the best golf betting markets. With DraftKings, you can place bets on plenty of golf tournaments in the world.

PointsBet

PointsBet is a relatively lesser-known name in the betting market, but has still managed to establish a strong reputation by offering unique betting options such as “Points Betting”.

In addition, the sportsbook provides attractive offers such as second-chance bets and other promotions designed specifically for new users. For those interested in betting on golf and the Masters, PointsBet is a great option to consider.

BetRivers

BetRivers is rapidly expanding and is a great option for sports bettors who wish to place golf wagers. The sportsbook offers numerous features, such as second-chance bets, odds boosts, rewards, and other exciting options that users can take advantage of.

Betfred

Betfred is expanding its presence in the United States and making strides in the sports betting industry. The sportsbook offers several notable features such as promotional offers, live betting options, and early cashouts, making it an excellent choice for golf bettors getting in on one of the year’s biggest tournaments.

Tipico

Tipico Sportsbook is available in several states, including Ohio, New Jersey, Colorado, and Iowa, providing bettors with access to a range of features and options. This sportsbook is an excellent choice for betting on the Masters seeking to take advantage of bonuses and additional options. With Tipico, users can expect to receive solid bonuses and other valuable benefits.

How to Bet on the Masters Online

To get started and before you can find the best odds, you need to register with any of the online sportsbooks. The best online Masters sites will have promotions, offers, and bonuses to claim. Keep up with the latest offer to see if there is a bonus to claim before you start betting on this year’s Masters. To register, you will have to enter your personal information such as name, address, birthday, and more.

Next, Masters betting sites and sportsbooks will use geolocation to track if you are within the borders of a legal betting state. You will not be able to wager on golf unless you are in a state where sports betting is legal and live. If you are in a state where sports betting is legal, you won’t be able to bet on top golfers such as Scottie Scheffler, Rory McIlroy, and more.

After signing up and finishing the registration process, you will see plenty of different betting markets and bet types for the Masters. Let’s talk more about some of the options you will see as you find the best championship odds prior to the Masters teeing off.

The Masters is the most bet on golf event in the entire world. It takes place at Augusta National Golf Club and past results have included winners such as Tiger Woods, Phil Mickelson, Scottie Scheffler, and more. If you are looking to bet on these golfers, here’s a look at some of the types of bets and different odds you will see as players compete for the Masters green jacket.

Outright Winner

The most popular and straightforward type of bet on golf is to wager on the winner of a tournament. For example, for 2023 Masters betting, Scottie Scheffler has odds of +700 to win the tournament while Jon Rahm has +900 odds to win the whole thing.

You decide you want to bet on your first Masters tournament and place a $100 wager on Jon Rahm because he is one of the betting favorites. If he wins, you would win $900 because the odds are nine to one.

Finishing Position

Picking a straight-up winner is not an easy task for a PGA Golf Tournament. The odds are long and with a field of so many players, it is tough to select just one player to win the whole thing.

A popular bet at top online sportsbooks is betting on the finishing position of a golfer in the Masters Tournament. You can bet if a golfer will finish inside the top 5, 10, 15, 20, etc. This is a little easier to predict than just one winner for golf’s biggest tournament. This is why it’s a popular wager at the best betting sites.

Matchups

Head-to-head betting in golf and the PGA Tour is similar to a moneyline in other sports. You are picking a golfer to win versus another golfer. This type of betting allows you to place wagers on which golfers will defeat their playing partners in a tournament like the Masters or which golfers will win particular holes.

For example, let’s say Dustin Johnson has +2200 odds to win the 2023 Masters. Those are long odds and maybe you’d rather check out his matchup for Masters week. He has -110 odds to finish with a better score than Jason Day. You can bet on Johnson to just beat Jason Day.

Nationality Bets

Given the high number of players participating in golf tournaments, some sportsbooks group golfers into various categories for betting purposes. One of the most popular categories on Masters betting sites is nationality. Bettors can place wagers on the nationalities of the top players in every Masters tournament. These bets can be advantageous when bettors are uncertain about which particular golfers to bet on.

Live Betting

Live betting is booming and it’s something that you might want to add to your golf betting experience as you place more wagers. You can track the Masters betting odds throughout the tournament and see the latest golf markets to place wagers. Take a look at live betting after you choose a golf betting site. See what odds they have to offer.

Golf Props

Golf tournaments such as the Masters offer a variety of prop bets that bettors can choose from. These options include predicting the length of the winning score, identifying the best left-handed golfer, determining the highest-placing amateur, and more. As you begin to bet on the Masters, you will encounter many other prop bets that are available for you to choose from.

Online Betting Promotions and Offers for Golf Tournaments

Legal sports betting sites usually have promotions, bonuses, and offers to entice new users to sign up or register for their platforms. This will be the case with the best Masters betting sites in the betting industry. You can score promotions such as bonus bets, deposit bonuses, second chance bets, and more when you are betting on golf tournaments including the Masters. Here are a few of the common golf betting online promotions you will see.

Bonus Bets

Bonus bets are a pretty common feature among sportsbooks and betting sites. These are typically given to new users as bet credits upon signing up or registering, with many offers not requiring an initial deposit. For instance, a new user might receive $100 in bonus bets after registering for the first time.

It’s essential to note that bonus bets may come with certain restrictions or conditions depending on the terms. For example, they may be divided into smaller bets or must be placed on a specific golf tournament, sport, etc. You might see sportsbooks have promotions surrounding the favorites to win the 2023 Masters.

Deposit Match

A deposit match or bonus is a reward promotion where you receive bonus money after making a deposit with a sportsbook. Some sportsbooks have a percentage attached to the deposit bonus. For example, if the bonus is 25% and you deposit $100, you would receive $25 in bonus money. However, it’s important to note that most offers have a maximum limit.

Additionally, most sportsbooks require a rollover requirement for bonus funds. This ensures that a user cannot sign up, claim the bonus money, and immediately withdraw it. Instead, bettors must wager a certain amount of money before the bonus funds become available for use.

Second Chance Bet

This is also known by terms such as First Bet Insurance, No-Risk Bet, No Sweat First Bet, and more. It is an offer commonly found at sportsbooks across the country and the world. For new users, this means that their first bet is covered if it loses up to a certain maximum.

This is a popular promotion as it encourages users to make a larger initial deposit, knowing that their first bet is protected. Typically, a maximum amount is set for these types of bets, such as $1,000 or $2,000. This offer requires a user to make a deposit and is an excellent way for new users to get started with sports betting.

Odds Boost

You will see sportsbooks do odds boosts on major events or even daily games or props. This is when a sportsbook will change the odds of a particular bet to create a chance at a bigger payout for the bettor. You might see a sportsbook have an odds boosts for popular golf betting events throughout the year.

How to Choose a Betting Site for the Masters

If you’re eager to bet on golf and have already selected some sportsbooks to place your wagers, it’s important to choose the best site for your needs. There are several factors you should consider when placing bets on a website. To help you make the right choice, here are some golf betting tips on selecting the best sportsbook for you.

Betting Markets and Golf Betting Odds

To optimize your golf betting strategy, it’s important to choose a sportsbook that offers a wide range of odds and betting markets. Having a variety of options allows you to find the best bets that fit your approach. Be sure to compare all the sportsbooks to see how they stack up against each other.

One of the benefits of online betting is that you can sign up for multiple sportsbooks and compare their odds, lines, and more. Take advantage of this and see how the top golf betting sites for 2023 compare to one another.

Promotions and Offers

In addition to the variety of odds and betting markets, it’s also worth considering the promotions, offers, and bonuses available from different sportsbooks. Take a look at what types of offers are available to new users and compare them to find the best fit for your needs.

Keep in mind that some sportsbooks may offer bonus bets, while others require a qualifying bet before releasing your bonus. Be sure to weigh the options and choose a sportsbook with promotions and bonuses that work well with your betting strategy.

Banking Options

A huge part of your online golf betting experience is tied to banking. You want to be able to easily deposit or withdraw your money. Also, you want options so you aren’t forced into using a particular method. The top online golf betting sites should have options and your preferred method. Betting sites accept methods such as major credit cards, e-wallets, and more.

Customer Service

Most sportsbooks and golf betting platforms are moving to 24/7 customer support. This is the best way to help out customers and it vastly improves your online betting experience. If there is an issue with a bonus, promotion, betting result, and more you will want to be able to easily get ahold of the sportsbook.

Other Major Golf Tournaments to Bet at Sportsbooks

Besides the Masters, there are other tournaments throughout the year worth checking out to place your bets and check for the best prices or odds. After betting on the 2023 Masters Tournament, check out some of the other top major events in golf.

The PGA Championship

The US PGA Championship is the second of the four men’s majors in golf. The PGA Championship is typically held in mid-May, and the location of the tournament changes each year. The winner of the tournament receives the Wanamaker Trophy, a cash prize, and a five-year exemption to play in the tournament.

The British Open

The British Open Golf Tournament, also known as The Open Championship, is the oldest of the four major championships in men’s golf. It is typically held in the United Kingdom in mid-July and is organized by The R&A. The tournament was first held in 1860.

The US Open

The US Open is organized by the United States Golf Association (USGA) and is open to both amateur and professional golfers from around the world. The tournament has been held since 1895.

Best Masters Betting Sites FAQs

What are the best sportsbooks to bet on the Masters?

There are plenty of solid options including sportsbooks like BetMGM, DraftKings, FanDuel, Caesars, and more. Take a look at the latest offers above to get a bonus when starting out.

How do I bet golf matchups for the Masters?

For golf matchups, they work like a moneyline in other sports. You pick one golfer or the other to have a better score. These are popular because you aren’t betting on a golfer to win the tournament. You are just betting on them to beat the golfer they are matched up against.

What is a finishing position golf bet for the Masters?

In golf, you can place a wager on if a player will finish in the top 5, top 10, top 15, and more. There are different odds for each finishing position. Bettors like this bet because you have more wiggle room as the golfer doesn’t have to win the tournament outright. If you place a wager on Tiger Woods to finish in the top 10, he can finish anywhere from 10th or better.

Is betting on the Masters legal?

Yes. You can bet on the Masters golf tournament in states where sports betting is legal and live. Geolocation will confirm that you are within the borders of a legal sports betting state so you can place wagers.

What are other golf tournaments I can bet on besides the Masters?

There are four major golf tournaments for the PGA Tour each year. The other three are the US Open, the British Open, and the PGA Championship. You can also bet on other PGA Tournaments that take place each week throughout most of the year.

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written by

Sam hails from Grandville, Michigan. He has a rich sports background, including playing baseball at Central Michigan before covering high school sports and working with the Orlando Magic. He earned his broadcasting/journalism degree from Central Michigan University and was a member of the 2010 MAC Championship baseball team. Sam developed his expertise while working with Betsperts, Bleacher Nation, and 4for4 in various areas such as writing, social media, betting research, and business development. He's a big fan of the NBA, NFL, and MLB, highly interested in data and statistics.

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