2024 Updated Masters Odds: Scottie Scheffler Favored Over Rory McIlroy

2024 Updated Masters Odds: Scottie Scheffler Favored Over Rory McIlroy article feature image

Via Getty Images/Action Network Design. Pictured (left to right): Scottie Scheffler, Jon Rahm & Tiger Woods.

Hello, friends. Let's get into the 2024 updated Masters odds.

The No. 1 golfer in the world, Scottie Scheffler, is the betting favorite at the Masters at +420, with Rory McIlroy and defending Masters champion Jon Rahm behind him at +1100 at bet365.

Find the complete outright odds board below as of Wednesday afternoon.

2024 Updated Masters Odds

Odds via bet365.

GolferUpdated Masters Odds
Scottie Scheffler+420
Jon Rahm+1100
Rory McIlroy+1100
Xander Schauffele+1500
Hideki Matsuyama+1700
Brooks Koepka+1900
Jordan Spieth+2200
Ludvig Aberg+2700
Joaquin Niemann+2700
Wyndham Clark+3000
Viktor Hovland+3200
Matt Fitzpatrick+3200
Patrick Cantlay+3500
Bryson DeChambeau+3500
Will Zalatoris+3800
Justin Thomas+3800
Tommy Fleetwood+3800
Tony Finau+3800
Cameron Smith+4500
Dustin Johnson+4500

GolferUpdated Masters Odds
Collin Morikawa+4500
Sahith Theegala+4500
Shane Lowry+4500
Cameron Young+5000
Brian Harman+5500
Russell Henley+5500
Max Homa+6000
Sam Burns+6000
Jason Day+6000
Tyrrell Hatton+6000
Si Woo Kim+6000
Corey Conners+6500
Patrick Reed+7500
Min Woo Lee+9000
Adam Scott+9000
Akshay Bhatia+9000
Sergio Garcia+10000
Sungjae Im+11000
Denny McCarthy+11000
Tiger Woods+11000

GolferUpdated Masters Odds
Byeong-Hun An+11000
Rickie Fowler+12000
Tom Kim+14000
Justin Rose+14000
Chris Kirk+14000
Harris English+14000
Sepp Straka+17500
Keegan Bradley+17500
Nick Taylor+17500
Nicolai Hojgaard+17500
Erik van Rooyen+17500
Stephan Jaeger+17500
Thorbjorn Olesen+17500
Kurt Kitayama+17500
Adrian Meronk+20000
Taylor Moore+20000
Phil Mickelson+22500
Bubba Watson+22500
Adam Hadwin+22500
Ryan Fox+22500

GolferUpdated Masters Odds
Matthieu Pavon+22500
Jake Knapp+22500
Eric Cole+25000
J.T. Poston+25000
Emiliano Grillo+25000
Austin Eckroat+25000
Gary Woodland+25000
Cameron Davis+30000
Nick Dunlap+30000
Lucas Glover+30000
Adam Schenk+30000
Luke List+35000
Charl Schwartzel+40000
Ryo Hisatsune+45000
Peter Malnati+45000
Danny Willett+60000
Lee Hodges+60000
Grayson Murray+75000
Christo Lamprecht+75000
Zach Johnson+75000
Camilo Villegas+100000
Stewart Hagestad+125000
Neal Shipley+200000
Santiago De la Fuente+200000
Mike Weir+250000
Jasper Stubbs+300000
Fred Couples+300000
Vijay Singh+350000
Jose Maria Olazabal+600000
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2024 Masters Odds

Scottie Scheffler is the commanding Masters Tournament betting favorite at +420 as the 2022 Masters winner looks to capture a second major championship this week. The Texas Longhorn captured each of the last two signature events on the PGA Tour at THE PLAYERS Championship and the Arnold Palmer Invitational but now will have to contend with not only the best on the PGA Tour but also 13 of the best golfers on LIV Golf this week (at least most of them — sorry Talor Gooch).

Defending Masters champion Jon Rahm is one of those golfers from LIV in the field this week, and he has the second-shortest outright odds to win at Augusta as of Sunday afternoon at +1100. The Spaniard tied for second at the most recent major, The Open Championship, and is looking for his third major victory this week.

Rahm has played in five events so far in 2024, all LIV Golf tournaments, and has finished between third and eighth in all five, including his tie for fourth this weekend at LIV Miami.

Rory McIlroy is the third and final golfer with odds of 11-1 or shorter as of Wednesday afternoon at bet365 at +1100 as well. The Northern Irishman did not have a finish better than 19th in his first five starts on the PGA Tour in 2024 until this past weekend when he finished third at the Valero Texas Open following a bogey-free final round of 6-under 66.

His 3.7 strokes gained approach today are his most in any single PGA Tour round since Sunday of the 2022 Canadian Open when he shot 62.

— Justin Ray (@JustinRayGolf) April 7, 2024

Via Justin Ray on X, McIlroy gained more strokes on approach this week than he has in any tournament since 2019, and today's final round was his best on approach since the 2022 Canadian Open. He will head to Augusta with momentum as he looks to become the sixth male golfer to complete the modern career grand slam.

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Tiger Woods is also in the field this week as he makes his second start in 2024 following his withdrawal at The Genesis Invitational due to illness. The greatest golfer of all time stands at 110-1 to capture his 16th major championship and sixth green jacket as of Wednesday afternoon, which is longer than his price of 100-1 that was available on Sunday night but also shorter than the 175-1 price he had drifted to on Monday.

These are also Woods's longest odds to win the Masters of his career as he has never been longer than last year when he closed at 80-1.

In his six official starts since the beginning of 2022, Woods has withdrawn three times, missed the cut in another start and has not finished inside the top 40. On one hand, Woods' leg should be in its best health over this span since 2022, and Augusta National fits his game as well as any course on Tour. On the other hand, walking 18 holes at Augusta is widely considered one of the most challenging on the PGA Tour as well.

Akshay Bhatia is the final golfer in the field for the Masters after his playoff win today at the Valero Texas Open punched his ticket to Augusta, and his odds opened at 100-1 on Monday morning and have shortened to 90-1 as of Wednesday afternoon.

Bhatia's left shoulder reportedly popped out of its socket after he celebrated making it into the playoff by fist-pumping, but he hung on to win on the first playoff hole after Denny McCarthy chunked his approach into the water short of the green. It is unclear if the shoulder will affect Bhatia this week at Augusta.

In his first PGA Tour win at the 2023 Barracuda Championship, Akshay Bhatia made a putt from about 15 feet to force a playoff, which he won.

In his second PGA Tour win at the 2024 Valero Texas Open, Bhatia made a putt from 11’6” to force a playoff, which he won.

✅ Clutch

— Roberto (@robertoa213) April 7, 2024

The other golfers in the field with outright odds shorter than 20-1 at bet365 on Wednesday afternoon include:

  • Xander Schauffele (+1500)
  • Hideki Matsuyama (+1700)
  • Brooks Koepka (+1900)

Some other notables in the field this week and their outright odds include Jordan Spieth (+2200), Ludvig Åberg (+2700), Joaquin Niemann (+2700), Viktor Hovland (+3200) and Bryson DeChambeau (+3500).

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Past Winners

Woods, Rahm, Scheffler, Spieth, Matsuyama, Dustin Johnson, Patrick Reed, Sergio Garcia, Danny Willett, Bubba Watson, Charl Schwartzel, Mike Weir, Fred Couples, Vijay Singh and José María Olazábal are the past champions of The Masters in the field this week.

YearPast WinnerWinning Score
2023Jon Rahm-12
2022Scottie Scheffler-10
2021Hideki Matsuyama-10
2020Dustin Johnson-20
2019Tiger Woods-13
2018Patrick Reed-15
2017Sergio Garcia-9
2016Danny Willett-5
2015Jordan Spieth-18
2014Bubba Watson-8

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