Majors season is still over two weeks away, but betting odds for The Masters are live now.
There are no surprises at the top of the odds, as world No. 1 Scottie Scheffler is favored to win his third green jacket in four years at +500, according to BetMGM. Scheffler would become the first repeat Masters champion since Tiger Woods won back-to-back green jackets in 2001 and 2002.
It also could be the first win of the year for Scheffler, whose best outing so far in 2025 is a T3 finish in the Genesis Invitational.
World No. 2 Rory McIlroy has the second-highest odds to win his first Masters at +650. McIlroy’s odds increased after his second tournament win of 2025 in The Player’s Championship earlier in March.
McIlroy also won the AT&T Pebble Beach Pro-Am to start the year and hopes his strong form will carry into a course that has haunted him through much of his career.
Odds take a steep drop-off after McIlroy, nearly halved for every other golfer entering the tournament. Here’s a look at BetMGM’s live betting odds for the top 20 golfers entering The Masters.
The Masters live betting odds (per BetMGM)
Scottie Scheffler (+500)
Rory McIlroy (+650)
Ludvig Aberg (+1200)
Collin Morikawa (+1400)
Jon Rahm (+1400)
Bryson DeChambeau (+1800)
Xander Schauffele (+1800)
Justin Thomas (+2200)
Brooks Koepka (+2500)
Hideki Matsuyama (+2500)
Cameron Smith (+2800)
Joaquin Niemann (+2800)
Jordan Spieth (+2800)
Patrick Cantlay (+2800)
Viktor Hovland (+2800)
Tommy Fleetwood (+3300)
Tyrell Hatton (+3300)
Will Zalatoris (+3300)
Shane Lowry (+4000)
Tony Finau (+4000)
Aberg’s odds surpassed his world No. 5 ranking after a win in the Genesis Invitational earlier this year and an impressive finish in his Masters debut in 2024. Aberg finished in a solo second behind Scheffler, shooting 7 under par in his first-ever major.
Collin Morikawa’s +1400 odds match his world No. 4 ranking, especially considering his T3 finish in the tournament last year. Morikawa has never missed the cut in his five Masters appearances and had finished runner-up in two tournaments this year.
LIV Golf’s reigning champion Jon Rahm will look for a much stronger Masters finish than he had in 2024. Rahm is the reason Scheffler isn’t playing for his fourth-straight Masters championship this year, as he won the tournament in 2023.
Other former Masters champions lower on the list include Dustin Johnson (+6600), Patrick Reed (+6600), Sergio Garcia (+10000), Adam Scott (+10000), Phil Mickelson (+15000), Danny Willett (+30000), Bubba Watson (+30000), Charl Schwartzel (+30000) and Zach Johnson (+75000).
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