Golf Betting: Bet on the Masters Tournament

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2020 Masters Odds Preview

This year’s Masters won’t feature the spring blooms at the Augusta National that players and fans have grown accustomed to over the years. The coronavirus pandemic forced a change in schedule for the major tournament, and now the field of 96 players will look to adjust their game to the cool November air as they vie for a slice of the $11.5 million purse.

At the top of that field is Bryson DeChambeau, who will look for a second straight major victory following his US Open championship win in September. DeChambeau has found success by leading the PGA in average yards off the tee (344.4) and will look to rely on his driver to capture his second career major and first Green Jacket at the tender age of 27. We’ll preview DeChambeau along with eight other PGA golf betting options, ranging from top favorites all the way down to intriguing underdogs.

 

The PGA Favourites

DeChambeau (+800) has had a rather unorthodox training regime leading up to the November tournament. He’s been lifting weights at the gym with the intent to bulk up to further enhance his driving distance. His hard work is clearly paying off, as he drove the ball 403.1 yards at a speed of 211 mph in the leadup to the tournament.

After DeChambeau, Jon Rahm, the No. 2 golfer in the world, and Rory McIlroy (No. 5) are available at +1100 odds apiece. Both golfers were part of the field at the US Open in September, with Rahm tying for 23rd and McIlroy tying for eighth. McIlroy has yet to win a Green Jacket, coming as close as fourth in 2015. As for Rahm, he also finished fourth at the 2018 Masters in his major tournament debut. This year, Rahm’s season-highlight was his second-place tie at the Zozo Championship, where he finished one stroke behind Patrick Cantlay (+2500).

 

The PGA Contenders

The top-ranked golfer in the world, Dustin Johnson will provide great value with +1200 golf betting odds at press time. He’s the only competitor who has finished in the top 10 for the Masters every year since 2015, and he got agonizingly close last year when he tied for second behind Tiger Woods. This year, he tied for sixth-place at the US Open and won the Tour Championship; odds could tighten for the No. 1-ranked golfer as we near the event.

Two players who tied for second behind Johnson at the Tour Championship, Justin Thomas and Xander Schauffele, are viable Masters betting options at +1200 and +1400 respectively. Like Rahm, Thomas also tied for second at the Zozo Championship. Despite having an extensive and impressive career with 13 PGA Tour wins, he has just one major victory: the 2017 PGA Championship. Schauffele, meanwhile, has yet to claim a major since debuting on the PGA Tour in 2017. The San Diego native competed in two events within a week in October: the CJ Cup where he finished second and the Zozo where he tied for 17th.

 

The PGA Underdogs

Tiger Woods betting is expected to come in droves. After returning to relevance with his 2019 Masters victory, Woods has experienced hot and cold streaks since. He missed the cut at the US Open in September and tied for 72nd at the Zozo. Motivation will most certainly be on Woods’ side, however, as he’s one Green Jacket away from tying Jack Nicklaus for the most Masters titles (6) all-time. Scoop him up at +2500 while you can.

Tied with Woods on the Masters odds board is Patrick Cantlay, who is hot off a win at the Zozo. Cantlay is having a resurgence in his career after suffering injuries that kept him off the greens for two seasons. He has yet to win a major championship, but he’s come close with a third-place tie at the 2019 PGA Championship and a ninth-place tie at the 2019 Masters.

Ahead of both Woods and Cantlay is Brooks Koepka (+1800). The West Palm Beach native has four major tournament victories under his belt, but hasn’t yet won the Masters. Last year was his closest finish, as he was part of a three-way tie for second with Johnson and Schauffele—just one stroke behind Woods. With these three contenders coming so close to victory last year, this year’s Masters should be highly competitive. Cast your vote on who you think will be the recipient of the 2020 Green Jacket on the Masters betting board.

 

*Odds as of November 5th, 2020

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Types of PGA Betting

Golf can be a foreign, yet exciting, world to enter for the average sports bettor. Golf futures offer tremendous variety for you to choose from when betting on your favourite player at a preferred course. In addition, Head-2-Head betting and Golf 3-Ball betting are some of our most popular betting options. If you’re new to golf betting, fear not. We’ve built this handy guide to help you navigate through the most common betting scenarios and give you the best chance to make the most of your wager. If you’re a seasoned pro in the golf betting world, then this guide may provide you with some useful tips to refine your golf betting strategies. Let’s dive in to the exciting world of golf betting with Bodog.

 

How Golf Futures Work

Within the Golf Futures category of Bodog’s sportsbook, bettors have the opportunity to place wagers on who they think will win one or all of the major PGA tournaments. As we discussed earlier, the 2019 Masters is getting the most action, as we’re mere weeks away from the tournament’s tee off. However, if you’re interested in making some bold, long-term predictions to get an edge on the odds, the PGA Championship, US Open and The Open Championship are all available for bettors to explore.

We’ll use an example from the 2019 US Masters to illustrate how futures betting works.

Rory McIlroy +700

Rory McIlroy is the favourite to win the tournament, as his +700 golf betting odds are shorter than the rest of the field. If McIlroy wins, bettors would be paid $700 on a $100 bet.

In addition to betting on the majors, golf fans can bet on the money list winner for the Champions Tour as well as which team will win at the Walker Cup, Solheim Cup and the Ryder Cup.

 

How Golf Head-to-Head Betting Works

A Head-to-Head bet in golf gives bettors the option of making a side bet between two players on the course during a tournament. Lines are set for each player regardless of the results of the rest of the player field.

Branden Grace +1000

Dustin Johnson -350

Tie +450

For the WGC – Dell Match Play, Branden Grace and Dustin Johnson were each assigned odds as if they were playing against each other head-to-head in the tournament. In this example, Johnson was the overwhelming favourite, as indicated by his negative odds. Grace was the underdog, as indicated by his positive odds. If Grace managed to upset Johnson in the tournament, bettors would be rewarded with a $1000 payout on a $100 bet. Those going for the favourite would win $100 on a $350 bet. If a tie were to occur, bettors would be awarded with a $450 payout for a $100 bet on the tie.

 

How Golf 3-Ball Betting Works

3-Ball betting is another popular side bet available at Bodog Sportsbook. In 3-Ball, three players are assigned odds to win within the group regardless of the results of the rest of the field. The player with the lowest score of the three is declared the winner of the side bet. If two or more players finish in a tie, dead heat rules apply.

 

Lucas Bjerregaard -120

Matt Wallace +170

Justin Thomas +400

In this example, Lucas Bjerregaard was selected as the favourite of the 3-Ball grouping, as indicated by his negative odds. If Bjerregaard won the grouping with the lowest score, bettors would be paid $100 on a $120 bet. If Matt Wallace came out victorious, bettors would be paid $170 on a $100 bet. And if bettors took Justin Thomas as the longshot, they’d be rewarded with a $400 payout on a $100 bet. As with all sports betting with Bodog, ensure you’re keeping up to date on the developing odds as the Masters and other golf tournaments approach.

 

Bet on the 2019 PGA Masters Tournament | Bodog