PGA - Masters Tournament - 04/07/2022

PGA odds: How to bet the Masters, lines, picks

Updated Apr. 10, 2022 8:47 a.m. ET

One of the most iconic scenes in sports is when the winner of the Masters' golf tournament slips on the green jacket.

Who will earn the green jacket this year — a player who already has one or a first-timer?

Here are the current odds for the Masters at FOX Bet. The Masters runs Thursday through Sunday in Augusta, Ga.

For more, from gambling-friendly schedules featuring live, updating odds to expert analysis and the day's most-bet games, check out the golf section on the FOX Sports App and FOXSports.com!

Spain's Jon Rahm, the 2021 U.S. Open champion, is the pre-tournament betting favorite at +1100 (bet $10 to win $120 total), according to FOX Bet. Rahm's best showing at Augusta was in 2018 when he finished fourth.

Japan's Hideki Matsuyama, the defending champion, is currently listed at +4000 to win (bet $10 to win $410).

BetMGM Director of Trading Jeff Stoneback said the books get a boost in wagering on the Masters from the crowds that came out for the NCAA basketball tournament.

"A lot of people who come out for March Madness will bet on The Masters when they're in town," Stoneback said. "It gets a big bump just from that."

A golfer everyone is eagerly watching is Tiger Woods. The five-time Masters champion and 15-time major winner finished tied for 38th at The Masters in 2020.

Woods has not played in a full-field tournament since his February 2021 car crash. But Woods said Tuesday he plans to tee it up at Augusta.

"All eyes will certainly be on Tiger, and if he plays we will expect big liabilities on him," said Jacob Blangsted-Barnor, FOX Bet commercial manager. "When he won it in 2019, we took a huge hit. Always a popular play, though I do wonder if people will be more realistic, and we may see more bets on Top 10/20 and make the cut than we do on to win the whole thing."

Woods this week moved from +8000 to +6600 to, on Wednesday, +4500 to win the Masters at FOX Bet (bet $10 to win $460).

"They are going bonkers now on Woods," Stoneback said Wednesday.

With Woods a long shot, Blangsted-Barnor said bettors are looking at the top of the betting odds where Rahm, Justin Thomas (+1200) and Jordan Spieth (+1400 at the time, now +2200) are.

"We tend to see a lot of betting towards the front of the field," Blangsted-Barnor said. "The great thing about The Masters is, even the favorites are fun prices to bet so it's never a case of people wanting to avoid the favorite."

FOX Bet sports trader Dylan Brossman said he likes Australia's Cam Smith (+1600), who won the prestigious Players Championship on March 14 and is ranked sixth in the world.

"The Aussie has played at Augusta five times and has made the cut each time. He also has three top-five finishes, including runner-up in 2020," Brossman said. "Historical success at the course? Check. As far as recent performance goes — he is coming off a win at the Players Championship just a few weeks ago."

Why did Brossman pick Smith to win the coveted green jacket? His ability on the greens, which are notoriously tough at Augusta.

"Cam Smith is also arguably the greatest putter on the planet and ranks first in putting average and third in strokes gained putting," the oddsmaker said. "With undulating greens that could be rolling at 14 or 15 on the Stimpmeter, a reliable flatstick is a must. At +1600, I think you are getting more value than the five golfers with shorter prices."

Brossman said a relative newcomer to watch is Sam Burns (+4000), who has won the past two Valspar Championships, a pre-Masters event. Burns has five top-10 finishes this season and is ranked No. 11 in the world heading into his first Masters.

When it comes to long shots, the bookmaker likes Billy Horschel (+8000), who is ranked No. 13 in the world golf rankings.

"Horschel has never had great success at Augusta, only placing in the top 25 once — 17th in 2016 — but he has been consistent in making cuts (five out of seven)," Brossman said. "In nine events in the 2021-2022 season, Horschel has made the cut in each tournament and finished in the Top 25 on six occasions, including three top 10s."

PICK: Cam Smith (+1600 at FOX Bet at time of pick) to win The Masters

Let's jump into the updated odds for all the participants playing in The Masters (odds via FOX Bet).

ODDS TO WIN THE MASTERS (via FOX Bet) *

Scottie Scheffler -200 (bet $10 to win $15)
Cameron Smith +250 (bet $10 to win $35)
Sungjae Im +1600 (bet $10 to win $170)
Shane Lowry +5000 (bet $10 to win $510)
Justin Thomas +6600 (bet $10 to win $67 0)
Charl Schwartzel +12500 (bet $10 to win $1,260)
Corey Conners +15000 (bet $10 to win $1,510)
Collin Morikawa +35000 (bet $10 to win $3,510)
Dustin Johnson +35000 (bet $10 to win $3,510)
Rory McIlroy +35000 (bet $10 to win $3,510)

Danny Willett +75000 (bet $10 to win $7,510)
Hideki Matsuyama +75000 (bet $10 to win $7,510)
Jason Kokrak +75000 (bet $10 to win $7,510)
Tommy Fleetwood +75000 (bet $10 to win $7,510)
Cameron Champ +150000 (bet $10 to win $15,010)
Viktor Hovland +150000 (bet $10 to win $15,010)
Webb Simpson +150000 (bet $10 to win $15,010)
Will Zalatoris +150000 (bet $10 to win $15,010)
Adam Scott +200000 (bet $10 to win $20,010)
Billy Horschel +200000 (bet $10 to win $20,010)

Bubba Watson +200000 (bet $10 to win $20,010)
Cameron Davis +200000 (bet $10 to win $20,010)
Christiaan Bezuidenhout +200000 (bet $10 to win $20,010)
Daniel Berger +200000 (bet $10 to win $20,010)
Harold Varner III +200000 (bet $10 to win $20,010)
Harry Higgs +200000 (bet $10 to win $20,010)
Hudson Swafford +200000 (bet $10 to win $20,010)
J.J. Spaun +200000 (bet $10 to win $20,010)
Joaquin Niemann +200000 (bet $10 to win $20,010)
Jon Rahm +200000 (bet $10 to win $20,010)

* odds as of 4/10/2022

Here are the past 10 winners of The Masters:

2021: Hideki Matsuyama
2020: Dustin Johnson
2019: Tiger Woods
2018: Patrick Reed
2017: Sergio Garcia
2016: Danny Willett
2015: Jordan Spieth
2014: Bubba Watson
2013: Adam Scott
2012: Bubba Watson
2011: Charl Schwartzel

Want to throw a few bucks down on who will get the best of Augusta National and receive a green jacket (if they don't already have one)? Be sure to head over to FOX Bet to place your wagers.

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