NFL

Spread

Masters Betting Sites & Apps 2022

Your Guide to Masters Betting Sportsbooks

ByPat Pickens

Mar 29, 2022

The Super Bowl is gone, but there is still plenty of major betting events throughout the year. For golf fans, none shine as bright as The Masters.

The Masters, aka the first PGA Tour major of the season, is the holy grail for golfers. The annual rite of spring, played at Augusta (Georgia) National Golf Club, culminates the second Sunday in April. This year Masters week runs from April 7-10.

Betting on the Masters is a cinch, although winning is a little bit tougher. That’s why we’re here to help.

Benefits of Betting on the Masters Online

It used to be that sports betting was confined to Las Vegas, but with the advent of legal, online sportsbooks, that’s all changed.

Betting on the Masters online is simple, and it’s the best way to get in on the action at Augusta. Online sportsbooks have a slew of prop bets, plus bettors can odds-shop to lock in the best profit. Shopping odds is simple when you have multiple sportsbooks to peruse instead of gambling at a brick-and-mortar sportsbook. Online sports betting also gives you the option to bet ingame, with constantly updating odds based on the action.

Best Masters Betting Sites

There is no shortage of legal online betting sites to choose from, but here are a few of our favorites.

Caesars Sportsbook

Caesars Sportsbook has elite golf odds and no shortages of markets on the Masters. You can bet on the tournament winner, the margin of victory, plus a vast assortment of props like the top-finishing American, Canadian and South African player, who will lead after each round and much more.

Betting with Caesars also comes with rewards which can be redeemed for hotel stays, dining credits and more, which means you can win more when you bet on the Masters.

BetMGM Sportsbook

BetMGM is a partner with the PGA Tour, which makes it another elite option for betting on golf and the Masters, specifically.

BetMGM offers an unparalleled level of prop bets for the Masters, including if there will be a hole-in-one, if there will be an albatross, aka a double-eagle, if the tournament winner will come from the final group, and if certain players will make the cut.

FanDuel Sportsbook

FanDuel Sportsbook also has a partnership with the PGA Tour and has a loaded number of prop bets for Masters wagerers to gamble on for the tournament. FanDuel even will add special options for bettors, offering props like if three players will finish in the top-10, or match bets between two competing players.

The FanDuel app also enables Masters bettors the option to Same-Game Parlay props, like who will finish with the best score after each round in each group. With Same-Game Parlay+, potential golf bettors can include multiple markets for other sports — or other tournaments — to produce a mega parlay with a huge payout.

DraftKings Sportsbook

DraftKings Online Sportsbook makes golf betting easy and user-friendly with an easy-to-digest table that enables bettors to choose if their golfer will win, finish top-5 or top-10 or make/miss the cut.

DraftKings also ton of props that are easy to bet on and has helpful sub-sections that enables bettors to easily navigate and find their favorite markets without much stress or effort.

Plus, DraftKings offers exceptional odds for each betable markets, so Masters gamblers can know they are competing with one of the world’s best sportsbooks.

BetRivers Sportsbook

BetRivers Online Sportsbook makes gambling on golf super-simple, with nearly 100 betable markets in each tournament and helpful tips and statistics available to inform bettors of who is hot and who is not on the PGA Tour.

Prospective golf gamblers can even search by name to see exactly how well each player has done at recent tournaments, or at Augusta National historically, so they can make the most educated guess in their Masters betting.

How To Pick the Best Masters Betting Sites

There are many ways to determine which should be your preferred sportsbook for Masters bets. For instance:

  • Odds: Odds are the most important factor when considering when and where to bet. Because the best odds net the best profit, and winning money is what we’re all trying to do here, right?
  • Boosts: If Patrick Cantlay is regularly going off at +100 to finish in the top-10 but is boosted to +140 on a particular online sportsbook, and you love his chances to stay in the mix, it’s definitely worth it to max out the profit based on the boost.
  • Welcome bonuses: Is there a deposit match or bet-and-get promo for making a bet you were planning to anyway? Take advantage of each online sportsbook’s welcome code and bonus to max out your playable funds then use it to win big while betting on the Masters.

Best Masters Bets You Can Make

Betting on the Masters can be overwhelming, since there are hundreds of markets on which to wager and sportsbooks dial up the betable options for major championships. So here is a handy guide:

  • Matchups. Matchup bets in golf are where you wager on one golfer to finish each round with a better score than another. If you have a preferred golfer but don’t love the odds for a top-5 or top-10 finish and don’t trust him to win, you could take the head-to-head and get safer odds.
  • Will there be a hole-in-one? The 16th hole at Augusta is a haven for holes-in-one, and the odds-for are typically about Even money, which means you can cash in when any golfer hits an ace.
  • Pick a short-odds favorite to win. The Masters is typically the one predictable major tournament, since there are no real quirks or gimmicks to the Augusta National course — as opposed to the U.S. Open or British, specifically. Only one of the past 12 Masters champions has come outside of the top-25 in the world — 2011 winner Charl Schwartzel was ranked 29th when he won — which means it’s a good bet to take a favorite to earn the Green Jacket.

Live Betting on the Masters

Live betting is a great way to assess what is happening before you get in on the action. Bettors can monitor play and get better odds on markets like which player will make the cut, which will finish in the top-5 or top-10 or who will win.

Obviously, the odds will deteriorate for favorites as they get closer to winning, but if you see a player making a charge and want to cash in on his run to the title, you can do that via live betting.

Betting Site Offers to Keep in Mind

The Masters is one of the marquee betting events for golf fans, and online sportsbooks have no shortage of promos and boosts designed at attracted those fans who haven’t bet on the sport before. Some of these include:

No Deposit Bonus/Free Bet

No deposit bonuses are basically free money offers just for signing up for a new sportsbook. Although they are much more common in the online casino realm, some sportsbooks still offer no deposit bonus offers. To claim these offers, all you need to do is register a new account, and a free bet or site credit will be waiting for you once the registration process is complete.

First-Deposit Bonus

Nearly every online sportsbook offers a first-deposit match or bonus, and most online sportsbooks will offer partial- or full-deposit matches for gamblers centred around marquee sporting events like the Masters.

But if you’re new to online gambling, the first-deposit match is one of the best offers you can find, since it boosts your playable funds without any strings attached — other than bettors must wager a certain amount before they can withdraw. Still, if you’re interested in getting in and staying in the betting game, the first-deposit bonus is awesome.

Risk-Free Bet

Risk-free bets are valuable too since most online sportsbooks will give bettors a freebie up to a certain amount — sometimes as much as $5,000. Bettors can take their free bet and put it on a long shot without fear of losing that money since it is reimbursed as either a site credit or free bet of that amount.

The only major concern about risk-free betting is a bettor is only guaranteed two bets. If both lose, then the gambler is out that money.

Bet & Get

Bet and gets are great as well since bettors typically need to only wager a small amount and will get paid out in the form of free bets. Every sportsbook will offer a bet-and-get promotion, again usually around marquee sporting events, and the beauty of them is your stake remains small and your return can boost your playable funds.

Bet and gets are almost universally reserved for new customers only, as opposed to deposit matches or free-bet promos, but they are a great way to build your playable funds without putting out much money.

Where Can I Legally Bet on the Masters Online?

Although online sports gambling is not legal yet in Georgia, thus eliminating the fun of betting on the event for those lucky enough to score tickets to the Masters, there are more than a dozen states where online betting of the tournament is allowed. They are:

  • Arizona
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Louisiana
  • Michigan
  • Nevada
  • New Hampshire
  • New Jersey
  • New York
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming

Why You Should Avoid Illegal Betting Sites

Because why wager at unregulated and seedy gambling sites when you can bet on the up-and-up? Offshore gambling sites were essential before online gambling was legal, but with more and more states legalizing the practice why go anywhere else?

Plus, each legal online sportsbook has welcome offers and exceptional odds and makes it easy for new and novice gamblers to boost their playable balance and have fun in the process.

Choose More Than One Masters Betting Site

It’s always important to have funds in more than one online betting site. Different books have different odds for different events, and some will boost those odds for marquee events like the Masters, which means it is integral to take advantage of those offers to max out your playable funds.

Plus you’ll want to play around on different apps and websites to determine which sportsbook is right for you, so you might as well take advantage of each site’s welcome bonus as you become comfortable finding your preferred book.

Author

Pat Pickens

Pat Pickens is a seasoned sportswriter who has covered the NHL since 2013 for various websites, including The New York Times, NHL.com, Sportsnet.ca, USA Today, the Associated Press and many others. His debut book, titled "The Whalers" about the history of the NHL's Hartford Whalers, was released in October 2021. His greatest successful wager was an LA Kings puck-line bet (+200) in Game 1 of the 2012 Western Conference Final.

Create Betslip