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2026 Masters Betting Odds, Preview and Where to Watch

  • 2 hours ago
  • 12 min read

The 2026 Masters Tournament, held from April 9–12, 2026, at Augusta National Golf Club, promises thrilling golf action. With 91 players competing, key highlights include defending champion Rory McIlroy, aiming to repeat his 2025 victory, and Scottie Scheffler, the betting favorite at +490 odds. Notably, Tiger Woods and Phil Mickelson are absent for the first time since 1994.

Key Details:

  • Dates: April 9–12, 2026

  • Prize Purse: $20 million, with $3.6 million for the winner

  • Broadcast: ESPN (Thu-Fri), CBS (Sat-Sun), streaming on Prime Video, Paramount+, and Masters.com

  • Betting Favorites: Scottie Scheffler (+490), Rory McIlroy (+1175), Jon Rahm (+910)

  • Course Update: Hole 17 shortened to 450 yards

For viewers, coverage spans TV, streaming, and radio, while bettors can explore options like outright winners, prop bets, and peer-to-peer platforms like BettorEdge for custom odds and analytics.

2026 Masters Tournament Key Facts and Betting Odds

2026 Masters Tournament Overview


Dates, Location, and History

The 90th Masters Tournament is set to take place from April 9–12, 2026, with practice rounds kicking off on April 6 and the fan-favorite Par 3 Contest scheduled for April 8. What makes the Masters so special? It's the only major championship held at the same venue every year: the iconic Augusta National Golf Club in Augusta, Georgia.

This legendary course, known for its stunning design inspired by local flora, is as beautiful as it is challenging. With dramatic elevation changes and a layout that demands strategy, Augusta National has tested the world's finest golfers since its debut in 1934. Measuring 7,565 yards with a par of 72, the course has seen a small but impactful change for 2026 - the 17th hole (Nandina) has been shortened by 12 yards to 450 yards. This tweak is expected to influence how players approach scoring opportunities, adding a fresh layer of intrigue to the competition.

The Masters is steeped in traditions that are etched in golf history. From the Green Jacket ceremony for the winner to the exclusive Champions Dinner (a tradition started by Ben Hogan in 1952), these moments define the tournament's charm. Another highlight is the Wednesday Par 3 Contest, though no player has ever managed to win both the contest and the tournament in the same year. A new twist for 2026? Former NFL star Jason Kelce joins ESPN's broadcast team for the Par 3 Contest, bringing a fresh perspective to the event.


Field Size and Tournament Format

The Masters has the smallest field of any major, but that only adds to its prestige. The tournament follows a 72-hole stroke play format over four days, with a cut after 36 holes. To advance, players must rank among the top 50 (including ties) or be within 10 strokes of the lead.

This year introduces a notable change in qualification criteria: winners of the PGA Tour's FedEx Cup Fall events no longer earn automatic invitations. Instead, spots are now granted to winners of select national opens. Amateur players continue to receive special treatment, staying in the "Crow's Nest" atop the clubhouse, adding to the tournament's charm.

The stakes are higher than ever, with a $20,000,000 prize purse and $3,600,000 reserved for the champion. Meanwhile, securing a spot as a spectator has become more expensive, with tournament badges hitting a record $525 for four-day access. These updates promise to make the 2026 Masters as competitive and memorable as ever.


Main Storylines for 2026

All eyes are on Rory McIlroy, the defending champion, after his dominant 11-under win in 2025. That victory was historic, completing his career Grand Slam and making him just the sixth golfer to achieve this milestone. This year, McIlroy will host the Champions Dinner, featuring an Irish-inspired menu that includes sticky toffee pudding. Reflecting on his Masters journey, McIlroy shared:

"The thing is, I know I get to go back to the Masters Tournament for the rest of my life, and that's quite a freeing feeling."

Another major storyline is Scottie Scheffler, who enters as the betting favorite with odds of +490 - the shortest pre-tournament odds since Tiger Woods' +350 in 2013. Adding to the buzz, the tournament will unveil a brand-new, three-story Player Services Building, which will debut during the 2026 event.

With course adjustments, high-profile competitors, and new developments, the 2026 Masters promises to deliver unforgettable moments.

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2026 Masters PREVIEW: Predictions, Best Bets, & Picks to Win


2026 Masters Betting Odds

The betting scene for the 2026 Masters is buzzing, with Scottie Scheffler leading the pack as the favorite. There's plenty of room for bettors to find value across the board. Knowing how the odds stack up - and what’s driving their movement - can help you spot opportunities before the first tee-off on April 9.


Favorites and Their Odds

Scottie Scheffler enters as the favorite with odds of +490, marking the shortest pre-tournament odds since Tiger Woods’ +350 in 2013. After a stellar 2025 season that included two major wins, his top spot is no surprise.

Following closely is Jon Rahm at +910, a big jump from his opening odds of +2000. His recent form and track record at Augusta make him a serious contender. Rory McIlroy, priced at +1175, carries the momentum of being the defending champion, having completed his career Grand Slam in 2025 with an 11-under finish. Meanwhile, Bryson DeChambeau rounds out the top tier at +1075, riding high after back-to-back victories in Singapore and South Africa. As Esten McLaren, Content Manager, put it:

Nobody in golf enters the Masters with as much confidence and self-belief as DeChambeau.

One key tip: shop around for the best odds. Different sportsbooks often list varying prices, and even small differences can add up over time.

Beyond the favorites, there’s plenty of potential in value bets and longshots for those looking to make strategic wagers.


Value Bets and Longshots

For bettors seeking value, Ludvig Åberg at +1700 is a standout choice. He finished runner-up in 2024 and seventh in 2025, and his recent 9-under 63 at THE PLAYERS proves he has the game for Augusta. With his impressive length off the tee and aggressive approach on Augusta's greens, he’s a strong pick at this price.

Matt Fitzpatrick offers another intriguing option at +2350. Known for his precise ball-striking, Fitzpatrick’s style aligns well with Augusta’s challenges, making him a calculated risk worth considering. Similarly, Tommy Fleetwood, now at +2300 after a FedEx Cup-winning season in 2025, has seen his odds improve dramatically from +4000 and looks like a solid pick.

For those eyeing longshots, Justin Rose is priced between +3000 and +6000, depending on the sportsbook. He came heartbreakingly close to victory in 2025, losing a one-hole playoff to McIlroy. His course history and recent form suggest he’s worth a look, even at longer odds.

Beyond outright winners, prop bets offer another way to approach the tournament with a variety of strategic angles.


Prop Bet Markets

Augusta National’s unique challenges make prop bets an appealing option for those seeking alternatives to outright wagers. Popular picks include Top 5, Top 10, and Top 20 finishes, which help reduce risk. For context, 9 of the last 12 Masters winners had recorded a Top 5 finish at Augusta beforehand. Scheffler’s odds for a Top 5 finish sit at +106, while his Top 10 odds are –192, reflecting his consistent performance.

Make/Miss the Cut markets are another way to leverage player experience. These bets are ideal for identifying veterans who may not win but are likely to make it through 36 holes. First Round Leader bets, on the other hand, focus on players who tend to start strong under opening-round conditions.

Other props include nationality-based bets (e.g., Top American or Top European), playoff occurrences, holes-in-one totals, and head-to-head matchups that compare specific players in a single round. These options allow you to hone in on specific aspects of the game, offering more control over your betting strategy for the Masters.


Players to Watch

Keep an eye on these standout players as the tournament approaches.


Scottie Scheffler: The Favorite

Scottie Scheffler enters the Masters as the clear frontrunner and current World No. 1. His track record at Augusta is nothing short of stellar, with two Green Jackets (2022 and 2024) and four consecutive top-10 finishes to his name. In 2024, he claimed victory by four strokes, and in 2025, he secured fourth place at 8-under, just three strokes behind Rory McIlroy.

Scheffler's odds of +490 are the shortest since Tiger Woods' +350 in 2013, underscoring his dominance in the field. He's even favored to win all four majors in 2026, a testament to his current form. Bettors are backing him heavily, with Scheffler accounting for 9.8% of all wagers and 17.1% of total dollars at BetMGM.

This year, Scheffler has maintained a strong start, including a win at The American Express and solid showings at Phoenix and Pebble Beach. While he’s placed in the top 25 at every event so far, recent finishes - T24 at the Arnold Palmer Invitational and T22 at THE PLAYERS - hint at a slight dip in form. However, Augusta's consistent setup plays to his strengths, making him a top contender once again.

While Scheffler leads the charge, other challengers, like Jon Rahm, are poised to make their mark.


Jon Rahm: The Challenger

Jon Rahm arrives at Augusta with an impressive résumé, including his 2023 Masters win and two major championships overall. Yahoo Sports senior analyst Ben Fawkes highlights Rahm as a top competitor, sharing strong odds with Rory McIlroy and Bryson DeChambeau. DraftKings also emphasizes his major-winning pedigree, which positions him as a serious threat.

Rahm’s ability to handle Augusta’s unique challenges, combined with his championship experience, makes him a strong alternative to the favorite. For bettors seeking value, Rahm offers a proven champion at appealing odds.

As Rahm looks to reclaim the Green Jacket, defending champion Rory McIlroy is chasing history.


Rory McIlroy: Pursuing a Historic Repeat

Rory McIlroy enters the 2026 Masters with the momentum of his 2025 victory, where he clinched his first Green Jacket in a thrilling sudden-death playoff against Justin Rose. That win not only completed his career Grand Slam but also ended years of frustration at Augusta. Now, McIlroy faces the challenge of defending his title - a feat rarely achieved at the Masters.

With odds of +1175, McIlroy’s pricing reflects both his recent success and the difficulty of back-to-back wins at Augusta. His 2025 performance, finishing 11-under, showcased his ability to thrive under pressure. As he aims for a historic repeat, fans and bettors alike are drawn to the drama of his quest, balancing the challenge of consecutive victories with his undeniable talent on this iconic course.


How to Bet the Masters on BettorEdge

BettorEdge offers a fresh approach to betting on the Masters, putting you in charge of the odds and connecting you with a community of fellow bettors instead of relying on a traditional sportsbook.


Benefits of Peer-to-Peer Betting

With BettorEdge's peer-to-peer marketplace, you can set or accept odds directly from other users, giving you the freedom to shop around for the best value. Unlike traditional sportsbooks, you’re not paying the usual vig on your wagers. For example, if you think Scottie Scheffler's +490 odds are too low, you can post your own odds and wait for someone to take the opposite side. The same applies to Jon Rahm at +910 or bets in the top 5 and top 10 markets. By cutting out the bookmaker's fee, you often enjoy higher payouts on favorites and more flexible options for longshot bets. Plus, BettorEdge's analytics tools can further refine your betting strategy.


Using Analytics Tools

BettorEdge provides detailed analytics to help you track community betting trends and identify where the "smart money" is going. For instance, while Scheffler is the favorite, 17,000 bets have been placed on DeChambeau compared to just 6,300 on Scheffler. This kind of data can reveal public sentiment and highlight contrarian opportunities. Additionally, performance metrics can help you uncover hidden gems - like Jacob Bridgeman, who leads the tour in strokes gained: putting (1.339), making him an intriguing longshot at 90-1. The platform also includes reporting tools that break down trends by player, market, and time, giving you all the information you need to make smarter bets.


Social Betting Features

BettorEdge isn’t just about placing bets - it’s about connecting with others who share your passion for golf betting. You can join groups dedicated to golf, where members share picks, discuss player performance, and debate injury updates. Compete in betting competitions, track your head-to-head records, and climb leaderboards based on ROI and win percentages. The real-time social feed shows every bet as it happens, allowing you to follow successful bettors, mimic their strategies, or go against the public when it makes sense. This transparency fosters a sense of community and helps you improve your approach with every tournament.


Where to Watch the 2026 Masters

If you're gearing up to enjoy the 2026 Masters, knowing where and when to tune in is key to catching all the action.


TV Broadcast Schedule

The 2026 Masters runs from April 9–12, 2026, with coverage spread across multiple networks. ESPN will broadcast the first two rounds on Thursday and Friday from 3:00 p.m. to 7:30 p.m. ET, followed by encore presentations on ESPN2 from 8:00 p.m. to 11:00 p.m. ET. Over the weekend, CBS takes charge, airing coverage of the third and final rounds from 2:00 p.m. to 7:00 p.m. ET on Saturday and Sunday. Additionally, Prime Video joins the lineup, offering early-afternoon coverage on Thursday and Friday from 1:00 p.m. to 3:00 p.m. ET. For Spanish-speaking viewers, ESPN Deportes will broadcast all four rounds, with weekend coverage airing from 5:00 p.m. to 7:00 p.m. ET.

If traditional TV isn't your go-to, there are plenty of digital streaming options to keep you connected.


Streaming and Radio Coverage

Masters.com provides free, in-depth streaming, including coverage of every shot and specialized feeds like Amen Corner and Featured Groups. The ESPN App kicks off its coverage at 8:45 a.m. ET on Thursday and Friday, offering featured holes (4, 5, 6, 15, and 16) and Amen Corner Live starting at noon. For the weekend, Paramount+ streams early coverage from noon to 2:00 p.m. ET before CBS takes over.

For those interested in the Par 3 Contest on Wednesday, April 8, you can watch it on the ESPN App or Disney+ starting at noon, with ESPN airing it live at 2:00 p.m. ET. Radio listeners can follow the action through the official Masters app or website, ensuring you stay updated even on the go.


Tee Times and Highlights

Tee times are typically announced the Tuesday or Wednesday before the tournament and are available on Masters.com and major sports news sites. You can also track the action live through ESPN's leaderboard or the Masters' official platforms. For highlights, Masters.com offers "Every Shot, Every Hole" archives, making it easy to catch up on anything you missed. The ESPN App supplements this with "SportsCenter at the Masters", delivering updates, previews, and news throughout the week.


Conclusion

The 2026 Masters promises an exciting mix of top contenders and intriguing underdogs for bettors. Scottie Scheffler leads the pack as the clear favorite with odds of +490 - the shortest odds for a Masters favorite since Tiger Woods was listed at +350 in 2013. Rory McIlroy returns as the defending champion after his 2025 win, while Bryson DeChambeau and Jon Rahm present strong challenges among the elite players.

Analyzing odds is just the start. Scheffler’s numbers reveal an interesting trend: he accounts for 17.1% of the total wagered dollars at BetMGM, despite representing only 9.8% of total bets. This suggests sharp money is heavily backing him. For those looking beyond outright winners, betting on Top 5 or Top 10 finishes could provide better opportunities - especially for rising stars like Ludvig Åberg or seasoned players like Xander Schauffele, both aiming for their first major victory.

Platforms like BettorEdge enhance the experience by offering flexible odds and advanced tools. Its peer-to-peer marketplace allows users to set their own prices, while features like performance tracking and a social feed provide valuable insights. Following successful bettors and staying updated on community trends can give you an edge in making informed decisions.

With comprehensive broadcast and streaming coverage from April 9–12, 2026, you won’t miss a single moment of the action. Combine that with real-time betting insights, and you have everything you need to fully immerse yourself in the Masters experience.


FAQs


How do Masters betting odds work?

Masters betting odds show how likely it is for a player to win or secure a high spot in the tournament. These odds are often displayed in American formats, such as +490 or -120, and reflect potential payouts. For instance, a +490 odds line means a $100 bet could yield $490 in profit. Odds aren’t just limited to outright winners - they also apply to categories like finishing in the Top 5 or Top 10. These odds shift frequently, influenced by factors like player performance, betting trends, and developments during the tournament.


What bets are safest for the Masters?

The safest choices for the Masters often revolve around top players with the best chances of winning. For example, Scottie Scheffler and Jon Rahm are popular picks due to their strong odds and consistent performance. Betting on these players strikes a good balance between minimizing risk and focusing on those most likely to excel during the tournament.


How does BettorEdge peer-to-peer betting work?

BettorEdge introduces a fresh way to bet by letting users place wagers directly with one another, skipping the traditional sportsbook. Instead of relying on a bookmaker, users can create their own bets or accept others, set personalized odds, and tailor the terms to their liking.

This approach comes with several perks: lower fees since there’s no middleman, greater control over the betting process, and clear transparency thanks to detailed transaction records. On top of that, BettorEdge adds a social element, allowing users to follow friends, share strategies, and make betting a more interactive and fun experience.


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