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Betting Guide for the 82nd Annual Masters Tournament

When the 82nd annual edition of the Masters tees off April 5 at Augusta National, the scene will be straight out of 2015.

That year, Tiger Woods limped to a T-17th finish in what many golf fans feared might be his final shot at the green jacket. The four-time Masters champion hasn’t played Augusta since – until this year.

That tournament saw Woods play the Sunday session alongside Rory McIlroy, whose valiant 66 final round to finish 12-under wasn’t nearly enough to chase down champion Jordan Spieth (-18).

That trio will reunite at Augusta this Thursday, and according to the linemakers at online sportsbook Bovada, they’ll represent three of the tournament’s top-five favorites.

At (+900), Spieth offers the best odds of any golfer in the 87-man field – and for good reason. He’s played in four Masters thus far, and along with 2015’s wire-to-wire victory, Spieth has had a shot to win each and every one.

In 2014, the 20-year old phenom briefly held the final round lead before notching a T-2nd finish. After breaking through to claim the green jacket in 2015, Spieth returned to Augusta and came agonizingly close to defending the title. Despite holding a five-stroke lead heading to the back nine, Spieth collapsed and lodged his second runner-up run at the Masters.

Last year marked the first time Spieth didn’t hold a 54-hole lead, but he did enter the final round down just two strokes before finishing T-11th.

Sufficed to say, Spieth’s dominance at Augusta makes him the rightful favorite this time around – and his (-16) performance for a T-3rd finish in last week’s Houston Open tune-up certainly doesn’t hurt.

Trailing just behind Spieth on the betting board is McIlroy, a four-time Major champion who can complete the career Grand Slam with a win this week. The Northern Irishman is no stranger to Augusta, having secured his first Masters berth as a 19-year old back in 2009.

McIlroy wouldn’t make the top-10 until 2008, but he’s made that mark ever since, stringing together T-8th, 4th, T-10th, and T-7th finishes between 2014-2017.

It’s been a mixed bag of cuts and middling finishes of late for McIlroy, but he did top the field with a 1st-place run at the Arnold Palmer Invitational in March.

Justin Thomas and Dustin Johnson are both listed at (+1100), but it’s Thomas who will be riding a wave of momentum heading to Augusta.

Thomas, who won the PGA Championship for his first Major last year, has reached a playoff in his last two tournaments. He was runner-up to Phil Mickelson at WGC-Mexico to begin March, after winning the Honda Classic to end April. Overall, Thomas has placed in the top-20 in his last five tournaments, leading to a 2nd-place spot in the Official World Golf Rankings.

Johnson leads that list, having put up a win and a T-2nd finish, along with three other top-20 runs to begin 2018.

As for golf’s supreme superstar, Woods returns to Augusta for the first time since 2015. He hasn’t won a Major in 10 years, and he’s winless outright since 2013.

Even so, the oddsmakers have Woods at (+1400) thanks to a torrid mid-March streak. After briefly leading the Valspar Championship en route to a T-2nd finish, Woods found himself one stroke back on the back nine at the Arnold Palmer Invitational. He wound up with a T-5th run at Bay Hill, but that made it three straight top-15 finishes – signaling the start of a comeback for the 79-time PGA Tour winner.

Check out the table below to see Bovada’s odds on the top-25 contenders to win the 82nd annual Masters:

Odds to Win the 2018 Masters

Golfer Odds to Win Masters on 4/3
Jordan Spieth +900
Rory McIlroy +1000
Justin Thomas +1100
Dustin Johnson +1100
Tiger Woods +1400
Justin Rose +1400
Bubba Watson +1600
Jason Day +1800
Phil Mickelson +1800
Rickie Fowler +2200
Jon Rahm +2200
Paul Casey +2200
Sergio Garcia +2800
Hideki Matsuyama +3300
Henrik Stenson +3300
Alex Noren +4500
Tommy Fleetwood +4500
Matt Kuchar +5000
Patrick Reed +5000
Adam Scott +6000
Ian Poulter +6600
Louis Oosthuizen +6600
Marc Leishman +6600
Thomas Pieters +6600
Bryson DeChambeau +8000