Featured in this article:
  • Augusta National hosts 84th Masters, first time it will be played in the fall
  • Bryson DeChambeau, Jon Rahm are favorites
  • A lot of value throughout the field
  • Tiger Woods' title defense probably won't go well

9 Minute Read

MAMARONECK, NEW YORK - SEPTEMBER 20: Bryson DeChambeau of the United States celebrates with the championship trophy after winning the 120th U.S. Open Championship on September 20, 2020 at Winged Foot Golf Club in Mamaroneck, New York. (Photo by Gregory Shamus/Getty Images)

2020 has already been an unprecedented year, for a number of reasons, mainly, the COVID-19 pandemic. It is the same for the sports world, which was on hold earlier in the year. Golf managed to come back after two months. However, the Masters was due to be played in those two months. That means looking at Masters odds had to wait a little longer.

Now, the Masters is set to tee off at venerable Augusta National in Georgia on November 12th. It is also going to be held with patrons, as they’re called at Augusta National. It is going to make for a very interesting 84th edition of the Masters. Augusta National has never hosted the tournament in the fall, so no one really knows how the course is going to play.

How To Watch The Masters


  • Masters Live (which shows four different streams: Amen Corner (holes 11-13), Featured Groups, holes 4-6 and holes 15-16) – 7:30 AM ET to 4:45 PM ET
  • ESPN – 1:00 PM ET to 5:30 PM ET


  • Masters Live (which shows four different streams: Amen Corner (holes 11-13), Featured Groups, holes 4-6 and holes 15-16) – 7:30 AM ET to 4:45 PM ET
  • ESPN – 1:00 PM ET to 5:30 PM ET


  • Masters Live – 10:00 AM ET to 5:00 PM ET
  • CBS – 1:00 PM ET to 5:00 PM ET


  • Masters Live – 10:00 AM ET to 5:00 PM ET
  • CBS – 10:00 AM ET to 3:00 PM ET

Where To Find Masters Odds

All Masters odds courtesy of BetOnline.

Masters Odds Favorites

Jon Rahm and Bryson DeChambeau sign autographs

Bryson DeChambeau (+800)

DeChambeau romped to his first major title with a six-shot win at the U.S. Open at Winged Foot, and he did it with a pulverizing display of power. He followed that up with a T-8 at the Shriners Hospitals for Children Open. DeChambeau’s bulked-up physique has been the talk of golf all year, and he is reportedly working with a 48-inch driver to give him even more length at Augusta.

But for all his length, DeChambeau’s success at Augusta will come around the greens, where he is T15 in Shots Gained: Around The Green and 59th in SG: Putting (remember, the new PGA season only started in September). If DeChambeau can’t work his way around and on the greens, his length won’t matter. He is looking to improve on a T29 result at Augusta last year, although he was the Low Amateur in 2016 with a T21.

Dustin Johnson (+900)

Johnson had been off since a T-6 at the U.S. Open in September, then he had a bout of COVID-19. He teed it up in Houston, Texas last week to try and shake some of the rust off. He started slow with a 72, but then Johnson went 66-66-65 to finish T2 behind eventual winner Carlos Ortiz. Johnson now heads to Augusta, where he has a fantastic track record. Johnson is T6-T4-T10-T2 in his last four Masters starts. In the middle of that stretch in 2017, Johnson was favored at the betting books until he injured his back the week of the tournament and had to withdraw.

Johnson, a former U.S. Open winner and reigning FedEx Cup champion, looked great in Houston after a rusty opening round. Keep an eye on Johnson this week in Houston.

Jon Rahm (+1000)

Rahm finished T23 at the U.S. Open, then finished T17 at the CJ Cup and T2 at the Zozo Championship. However, Rahm also won the Memorial Tournament in July, and the BMW Championship in August, both on very tough setups. He seems to be able to control his emotions much better than he used to, which makes him a sports betting factor at any tournament.

Rahm followed up a solo fourth at the Masters in 2018 with a T9 in 2019. Like DeChambeau, Rahm has been rusty closer to the hole in three tournaments since the start of the new season. He is 3rd in SG: Off The Tee (DeChambeau is first), but Rahm is 113th in SG: Around The Green and 150th in SG: Putting.

Justin Thomas (+1200)

You could argue that Thomas is the best tee-to-green player on the PGA Tour, even though he is 19th in SG: Tee To Green (DeChambeau, again, is first). He finished T8 at the U.S. Open, and he followed that up with a T12 at the CJ Cup and a T2 at the Zozo Championship. Thomas, who sits behind Johnson and Rahm in the Official World Golf Ranking, is as consistent as they come.

He has gotten better in each trip to Augusta, finishing T39-T22-T17-T12. If he can improve on his fourth-round putting (104th), Thomas is a fantastic player to ride his Masters odds.

Rory McIlroy (+1200)

McIlroy finished T8 at the U.S. Open, then T21 at the CJ Cup and T17 at the Zozo Championship. He needs the Masters to finish the Career Slam as he is a two-time PGA Championship winner, along with wins at the U.S. Open and Open Championships. McIlroy has gone T8-4-T10-T7-T5-T21 in his last six Masters starts, and he has been in contention in the final round. He just can’t seem to close the deal.

McIlroy ranks second in SG: Off The Tee, but McIlroy has struggled in his 12 rounds so far. He is 164th in SG: Approach, 155th in SG: Around The Green and 65th in SG: Putting. That he has managed to put together some decent results is a testament to his skill.

Xander Schauffele (+1600)

Schauffele always seems to be around the top of the leaderboard, especially in the big tournaments. He had the best 72-hole score at the Tour Championship (which was actually won by Johnson, who started with a -10 going into the event). He then finished fifth at the U.S. Open, second at the CJ Cup and T17 at the Zozo Championship. Schauffele has finished T10 at the PGA Championship as well, and he finished T2 at the Masters last year.

He offers the best value among the favorites, but Schauffele seems to be one step away from sealing the deal and winning a major.

Other Masters Odds To Watch

Tiger Woods poses after Masters win in 2019

Brooks Koepka (+1800)

Koepka returned to action at the CJ Cup, where he finished T28. That was following a knee injury that hobbled him near the end of the previous season. He also teed it up last week in Houston as Koepka tried to shake the rust off his game. He shot 72-72, then fired a pair of 65s to finish T5.

We all know how good he is in the majors as Koepka has a pair of U.S. Opens, as well as two PGA Championship. He finished T2 at the Masters last year, and has improved each time out at Augusta. His health and the rust factor are things to watch for, however.

Patrick Cantlay (+2500)

Everyone was waiting for a Sunday battle between Thomas and Rahm at the Zozo Championship, but it was Cantlay who snuck up and shot a final-round 64 to win his first event since the Memorial in 2019. Cantlay did finish T9 at Augusta in 2019.

When everything comes together for Cantlay, he is great, but he can be shaky with his irons (95th in SG: Approach) and the flatstick (106th in SG: Putting). He needs a lot to go right in order to win at August.

Patrick Reed (+2800), Bubba Watson (+3000)

This duo of former Masters champions is extremely intriguing. Watson is a two-time Masters champion who finished T31 at the U.S. Open, then T7 and T4 at the CJ Cup and Zozo, respectively. He has finished T5 and T12 in his last two trips to Augusta, but Watson has also missed the cut here and has four finishes lower than T37. He’s fine off the tee and with his iron, but Watson’s putter has been cold as he ranks 219th in SG: Putting, which isn’t going to fly at Augusta.

Reed has gone T13-T3-T14 in his last three starts, and the T3 is from the BMW PGA Championship in England. Also, outside of his win in 2018, Reed has missed the cut twice with finishes of T22, T49 and T36 last year at the Masters. So, he is hit and miss here, and more often than not, it’s a miss.

Tiger Woods (+3300)

And of course, we can’t talk about the Masters without Tiger Woods, whose fifth Green Jacket win in 2019 is the stuff legends are made of. However, Woods missed the cut at the U.S. Open, then finished T72 in his Zozo title defense. His back won’t let him play a lot, but then he gets rusty from tee to green. If Woods is going to add to his 15 major championships, it’s likely to be at Augusta, which he knows as well as anyone. But it probably won’t be this year (although I hope I’m wrong).

Take a Flier On These Masters Odds?

Collin Morikawa and Matthew Wolff look on at a tournament

Collin Morikawa, Matthew Wolff (+4000)

Wolff and Morikawa lead golf’s new school of players, with Wolff finishing second to DeChambeau at the U.S. Open, and Morikawa won the PGA Championship in the first major to be held without fans. However, three players have ever won the Masters in their debut: Horton Smith in 1934, the first year the tournament was held, Gene Sarazen the next year, and Fuzzy Zoeller in 1979. But with no patrons to pile pressure on? We’ve seen crazier things in 2020 as Morikawa can attest to.

Jordan Spieth (+5500)

Spieth almost won in his 2014 debut, but wound up winning the next year. He has had all sorts of struggles in the last two years, but you have to mention Spieth at the Masters. He has gone T2-1-T2-T11-3-T21 here. If it’s going to happen for Spieth, it’ll probably happen at Augusta.

Rickie Fowler (+6600)

Fowler has been strong at Augusta in the past, going T5-T12-MC-T11-2-T9 in his last six trips here. He also has never won a major championship, which is wild considering how talented he is. Therefore, I’ll probably include Fowler in my picks until he wins one or stops playing altogether. He has to at some point………right?

Masters Odds Pick: Xander Schauffele (+1600)

Xander Schauffele watches his shot

Schauffele has made 13 starts in major championships, and has finished in the top 10 in seven of them. He also has solid results in the World Golf Championship events, and just seems to always be around the top of the leaderboard in the big events. Solid from tee to green is what you need to be at Augusta, and Schauffele seems to get better the closer he gets to the green. He also offers some great golf betting value. Therefore, I’m going with Xander Schauffele to win his first major championship at the Masters.

Dave Consolazio

Dave Consolazio has been passionate about writing and sports journalism since his high school years. He has a degree in Broadcast Journalism from USC where he worked with the school's radio and television stations. His work has been featured in SportsbookReview, Sports Illustrated and SB Nation. Dave's experience ranges across multiple fields in the gambling industry. You can find his sports, casino, and poker articles in GambleOnline.co.

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