How to Bet on the Masters: Strategies, Tips for 2022

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Click arrow to expand 2022 Masters odds via BetMGM

2022 Masters Odds

GolferOdds
Jon Rahm+1100
Justin Thomas+1200
Cameron Smith+1400
Dustin Johnson+1600
Scottie Scheffler+1600
Jordan Spieth+1800
Rory McIlroy+1800
Viktor Hovland+1800
Brooks Koepka+2000
Collin Morikawa+2000
Patrick Cantlay+2000
Xander Schauffele+2000
Will Zalatoris+3300
Bryson DeChambeau+4000
Daniel Berger+4000
Hideki Matsuyama+4000
Sam Burns+4000
Louis Oosthuizen+4000
Adam Scott+5000
Corey Conners+5000
Joaquin Niemann+5000
Paul Casey+5000
Shane Lowry+5000
Sungjae Im+5000
Tiger Woods+5000
Tyrrell Hatton+5000
Matt Fitzpatrick+5000
Patrick Reed+6600
Russell Henley+6600
Tommy Fleetwood+6600
Tony Finau+6600
Abraham Ancer+6600
Billy Horschel+8000
Bubba Watson+8000
Gary Woodland+8000
Justin Rose+8000
Marc Leishman+8000
Sergio Garcia+8000
Webb Simpson+8000
Seamus Power+8000
Luke List+10000
Max Homa+10000
Robert Macintyre+10000
Si Woo Kim+10000
Thomas Pieters+10000
Brian Harman+12500
Cameron Young+12500
Jason Kokrak+12500
Kevin Kisner+12500
Sepp Straka+12500
Talor Gooch+12500
Christiaan Bezuidenhout+15000
Francesco Molinari+15000
Harold Varner III+15000
Kevin Na+15000
Lee Westwood+15000
Matthew Wolff+15000
Tom Hoge+15000
Lucas Herbert+15000
Cameron Champ+20000
Danny Willett+20000
Erik van Rooyen+20000
J.J. Spaun+20000
K.H. Lee+20000
Ryan Palmer+20000
Cameron Davis+25000
Garrick Higgo+25000
Mackenzie Hughes+25000
Min Woo Lee+25000
Harry Higgs+30000
Keita Nakajima+30000
Lucas Glover+30000
Stewart Cink+30000
Zach Johnson+30000
Hudson Swafford+35000
Takumi Kanaya+35000
Charl Schwartzel+40000
Padraig Harrington+40000
Guido Migliozzi+50000
Bernhard Langer+75000
Austin Greaser+100000
Fred Couples+100000
James Piot+100000
Laird Shepherd+100000
Stewart Hagestad+100000
Vijay Singh+100000
Mike Weir+150000
Aaron Jarvis+200000
Jose Maria Olazabal+250000
Larry Mize+500000
Sandy Lyle+500000
Bet the Masters at BetMGM and get a risk-free bet up to $1,000.

There is no golf week on the calendar that provides more anticipation and excitement than the Masters.

It is truly "A Tradition Unlike Any Other" as the entire sports world will be focused on Augusta National Golf Club. The eyes are even wider this year with the potentially unexpected return of Tiger Woods looking increasingly likely.

The Masters will be seen through an even greater prism this year as the legalization of sports betting has developed a keen eye for golf. I'm certainly biased, but it is one of the best sports to bet, with so many different markets to get skin in the game.

There are some key ways to be sure you get the best edge available in golf betting, and that will be the focus in this article.

Bet $10 on Tiger, Win $200 (Even if he doesn't play!)

Shop for Odds

I understand that many bettors might be doing this casually, popping in to check out golf for the week, but I can tell you that there is nothing more important in golf betting than odds shopping.

Very few other sports compare to golf, as you will find different books taking varying stands on golfers for all tournaments.

The difference can be huge in golf as it is not uncommon for a player to be listed at +2500 at one book and +4000 at another, for example. In this case, that $10 bet you wanted to make just went from a payout of $250 to $400 just because you were able to shop around for the best number.

No matter what you do, or how you play this week, just be willing to look around a bit to get the best odds.

Monday Morning Odds Reset

There are always futures markets for the biggest golf events, with odds set well in advance of all of the major championships. Frequently, they aren't indicative of the market to start the week of the tournament.

We saw a reset in the odds for this year's Masters on Monday morning. I had a list of players I was looking to buy then.

The best time to buy in on a player to win any golf tournament is almost always at the very start of the week when many are releasing their odds without a true feel for the market.

Grab some coffee and be ready to shop for your guys when odds are released on Monday, and keep this in mind for major championships moving forward.

Look for Weather Advantages

As the week wears on and tee times are released, there are often weather factors that come about, which can help or hurt players with certain tee times.

THE PLAYERS Championship last month was a perfect example of that. The golfers in the late Thursday, early Friday wave found themselves in the worst of the weather heading into the cut. That left a large percentage of the other wave not only with tee times in the later rounds, but also with an edge to the top of the leaderboard.

Many weeks, there is no edge to be found, but you certainly don't want to miss it and find yourself on the wrong side of the draw. If you're looking to make some last-minute wagers, be sure to check the weather forecast.

Adjust Live or Between Rounds

The golf betting sweat is one of the best not only because of the storylines and potential for long odds wins, but also for the extended sweat across four days. There will be many twists and turns throughout any 72-hole tournament, especially at the Masters.

If you aren't exactly sure where you want to put your money to start the week and just want to see some golf before taking a stand, that is a perfectly fine strategy. There will be ample opportunities to bet, and sometimes you can take advantage of an overreaction to a bad hole, or even a bad round early in the week.

We see time and again where players start a week slow but find their way to the top by the end of the week. Breaks between rounds allow odds to reset and for you to get in on someone you think may be ready to win at three different stages of the event.

There is also a high likelihood that it will be competitive, with many players near the lead going into Sunday, creating another spot for good odds if you have a player you may peg to win.

Use Your Resources

We will have you covered here at Action Network across a bunch of different angles throughout the week. I will do my own reset of picks and plays after each round as we look for betting value going into the next day.

While the data is a bit limited for an event like the Masters, we will have the tools to put you in position to be successful throughout the tournament.

Be Disciplined

The hard reality of golf betting is that it is really, really difficult to pick a winner at any stage of any tournament. It's a ton of fun and the payoff is great, but you have to be disciplined with your bankroll.

The first thing with that is understanding that a really good handicapper is only hitting a winner once a month. They're also doing that with a limited card of players, not spreading their money across a ton of picks as that only dilutes your return on investment and makes it nearly impossible to be profitable long term.

Keeping your money management in check will help you to enjoy one of the best sports for betting, while also giving you a chance to do it again for the next tournament or major.

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