The 2020 Masters Betting Guide

The Masters – A Tradition Unlike Any Other

The rescheduled 2020 Masters will be a record wagering event. Despite no fans or spectators at Augusta National due to the continue coronavirus crisis, and the event being held on a college and pro football weekend for the first time ever, the coverage and interest remains robust.

“There has been good, steady action and a spike in betting this week,” DraftKings director of sportsbook operations Johnny Avelllo told me this week.

2020 MastersInteresting to note that the top-9 players in the betting odds have never won the Masters. Tiger Woods is not among the lowest odds to win this year’s 2020 Masters after capturing his fifth green jacket in a memorable moment last year. Most bettors feel a breakthrough is likely for these other players who are supported with the most bets at DraftKings Sportsbook.

  • Bryson DeChambeau (+800)
  • Dustin Johnson (+900)
  • Jon Rahm (+1050)
  • Justin Thomas (+1250)
  • Brooks Koepka (+1700)
  • Tiger Woods (+4500) – Masters winner
  • Rory McIlroy (+1300)
  • Xander Schauffele (+1600)
  • Tyrrell Hatton (+2500)
  • Patrick Cantlay (+2800)
  • Jason Day (+3000)
  • Hideki Matsuyama (+3000)
  • Patrick Reed (+3000) – Masters winner

Odds to win vary and adjust at different sportsbook, and the handle determines the win percentages. Here is a look at William Hill’s Masters betting activity.

Masters Betting Guide

I provide added Masters coverage this week at a number of outlets including TheLines with a Masters betting guide and some of the early betting action as the most popular major and golf betting event of the year arrives.

William Hill director of trading Nick Bogdanovich told me ““I think it’s wide open.”


Two years ago, I crushed the tournament match-ups with nine winners in the 2018 Masters. With legal sports betting now in 18 states and more than six others with legislation approved for sports betting, there are more sportsbooks offering a greater number of props, match-ups and top finishing position odds in addition to the outright win market.

Those are the focus when trying to make money, but adding some futures bets is fun for a small portion of your betting portfolio at The Masters. That includes on the adjusted odds after each round.

I’ll add some tournament match-ups and players of interest to finish high and potentially win the 2020 Masters in another post prior to the tournament.

Author: FairwayJay is a leading national sports betting analyst, writer, handicapper and sports betting insider providing insight and information you can bet on for nearly two decades from Las Vegas. He chips in additional sports betting coverage and reporting on industry news and events for leading media and sports betting sites and companies. Follow him on X (Twitter): @FairwayJay