2024 Masters Golf Betting Guide
Teeing off in 1934 and running strong ever since, the Masters is the crème de la crème of the big-four PGA major championships, standing atop the other three in profile and viewership, and even in money accrued via gambling: the U.S. Open, the Open Championship, and the PGA Championship.
Signified by the famous green jacket the winner wears, the Masters is broken down into four separate 18-hole rounds, which is really compressed even further into two main 36-hole rounds, which leaves a thinner field after the first round, and only players who make the cut get to advance.
For golf fans, the format is pretty straightforward. For those unfamiliar with golf, or even those who simply like golf due to its betting options, it can be a little difficult to explain. For the purposes of this piece, we'll be speaking specifically about the Masters and how to place low-risk, high-reward bets throughout the April annual tournament.
Is it Legal to Bet on the Masters Golf Tournament?
Yes. Sports bettors located inside of the United States have two legal options for wagering on the Masters - domestic and international sportsbooks.
Across the USA, more and more states are regulated domestic sports betting options via in-person, online, and mobile sportsbooks. If you are located in the USA, all that is required is to travel to one of these regions, and that the participant is of the local minimum gambling age.
International sportsbook sites that are based in a regulated overseas location are able to take bets on the Masters over the web from US patrons without breaking any federal or state laws (outside of Washington state, which has nominal laws barring all online gambling).
You can check out our legal US golf betting guide or our legal US sports betting guide for more detailed information.
BetOnline Sportsbook
Top Rated Legal Online Sportsbook For 2024
If you're betting on the Masters Tournament, BetOnline offers perhaps more golf odds than any other legal betting site. With Masters odds, including player props, hole props, group odds, overall odds, and more, you'll never run out of eagles and aces. When it comes to BetOnline, big wins are par for the course!
Compability
Site Rating
Pros
Most trusted site – Operational since 1992!
US + international players welcome (18+)
Supports AVAX coin + many more crypto options
Guaranteed same-day payouts + no added fees with Bitcoin/altcoins
Cons
Restricted state: New Jersey
BetOnline bonuses/promotions have 30-day time limit
No P2P app or eWallet betting banking options
Best Masters Betting Sites For 2024
Below are the top-rated online sportsbooks that cater to US golf bettors. They all have excellent reputations in the industry and payout winners accordingly. If you are planning to bet on the US Open Golf Tournament or the Masters this year, any site below would be a good choice for Americans.
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Tips For Betting On The Masters
These are general tips geared more for novice players who are just now starting to learn about golf betting.
Bet Per Round, Not Per Tournament
Let's say it's April 2 and you're thinking about digging up some golf stats to go for a winning prediction. You see, for example, that Tiger Woods—hypothetically speaking here—has made an impressive comeback, and that Bubba Watson is dominating on tour.
So, you decide to leverage your bets by spreading it out on both men to potentially win. Smart, right? After all, you have spread out your bet and are covering more ground. However, what you're missing here is the fact that the Masters deals with the equivalent of an in-built playoff system.
Say Tiger hurts his back again and misses the cut; now you're down to only Bubba to bail you out. This is why it's better to bet per round. Keep digging into those stats, but don't bet on anything too broad or too far into the future; keep things aimed at the latest round and take it 18 holes at a time. You never know what can change from one par 72 to the next.
Don't Be Afraid to Switch it Up
For another common scenario, let's say that it's the second day of play and technically the third round, and Phil Mickelson is leading the field at 8 under par, but Jordan Spieth, 2015's champion, has come from even all the way down to 7 under par in the last round alone.
Don't feel as if you need to stay locked in. This is a great chance to leverage your bets by going with Spieth for the latest round. He has the hot hand; he's the one in the zone and putting well, staying out of the rough, and tagging fairways like he's on a mission. Extrapolate this strategy to any golfer you have on your ticket. If there's another guy running hot through the rounds, don't be afraid to switch things up for better leverage.
Ignore Superstitions
There are so many superstitions surrounding golf that you would literally be reading this all day were we to cover even half of them. Golf superstitions include no young person ever winning the Masters, no foreign-born player winning when X number of Americans are in the field, and no one ever shooting under 69 ever falling behind in later rounds. And on and on they go.
Betting is all about logical deduction, inference, and using math. Statistically speaking, i.e. realistically and factually speaking, superstitions are just mumbo jumbo and don't amount to anything. Keep your head in the stats and ignore the folk lure about never-can-happen things based on trivial nonsense you pick up via the rumor mill.
Look at Trends
Did you know that 21 of the previous 22 Masters winners, prior to Spieth, shot at least one round 69 or better en route to victory? While you have to ignore superstitions, you still have to follow trends. A golfer on a hot streak is a real phenomenon on tour.
Once a golfer gets locked in, he putts better, he drives better, and he's far less nervous and thus in better command of his game. So if you see someone riding that sort of hot streak, either coming into the Masters or during one of the rounds, don't forget to follow the second tip and leverage your bets here. Attention to this sort of detail can really pay off.
It's incredibly hard to win this particular tournament, and it's just as hard for a gambler trying to pick the right golfer. You have to look at the micro rather than the macro here, betting per rounds and seeking to leverage your wagers. If you can stay small and responsible, you can stay in the best position to potentially win big.
The Masters Schedule
When Is The Masters Tournament Played In 2025? April 7th through April 13th.
Where Is The Masters Played? The Masters Tournament is always played in Augusta GA.
How Can I Watch?
TV & Streaming: ESPN, ESPN Deportes, CBS