Best Masters Betting Promos & Bonus Codes

When it comes to The Masters, the real tradition unlike any other is the public’s eagerness to wager on golf’s first major of the year. Whether it’s professional sports teams hosting drafts in their locker rooms, ardent golf fans conducting pools or casual fans using online sportsbooks to get their fix, there’s nothing quite like betting on what happens at Augusta National. Before you bet, you’ll want to learn all about the best Masters betting promos & bonus codes.

Second-round play resumed Saturday morning after the weather – and a downed tree – halted things on Friday. There were 39 players out early on Saturday to finish up Round 2 before Moving Day could officially begin.

Brooks Koepka was the leader in the clubhouse, following his 7-under 65 in Round 1 with a 5-under 67 on Friday. That placed him three ahead of the field entering play on Saturday. Koepka began the day as the +116 favorite at Caesars Sportsbook, followed by Jon Rahm at +190, who only made it through nine holes on Friday. There’s a significant drop in the odds to No. 3, as Cameron Young is priced at +1200.  Pre-tournament favorite Scottie Scheffler was down to +12500 after shooting a 3-over 75 on Friday.

The projected cut line at the Masters is +2, which is where Tiger Woods stood entering play on Saturday. Tiger was set to resume his second round on the 12th hole.

Fridays weather/tree delay was an inconvenience, but it kept the field in play for bettors for an extra day. You can get in on the action right now and take advantage of the best Masters betting promos & bonus codes available for Day 3 of the tournament.

Best Masters Betting Promos & Bonus Codes

BetMGM Masters Betting Bonus Code

When new customers create an account using the BetMGM bonus code SBWIRE, they get a first-bet offer up to $1,000.

What, exactly, does this mean? It means you can make your first bet anywhere from $10 to $1,000 and BetMGM has your back if you dunk it in the water. If you win, of course, you’re richer and don’t need BetMGM’s offer. But if you lose, BetMGM puts the amount of your bet back on the tee in the form of bonus bets (with no penalty strokes).

If your first bet is in the $50 to $1,000 range, then you receive five bonus bets – each worth 20 percent of your first bet. If you wager less than $50, then you get one bonus bet equal to your original.

You’ll have seven days to play your bonus bet(s). Each time one of these bonus bets wins, your payout is in cash.

Caesars Sportsbook Masters Promo Code

Caesars has staked out its niche among online sportsbooks as the one that gives you the biggest opportunity. Creating an account with the Caesars promo code SBWIREFULL gets you a first bet up to $1,250 on Caesars.

When your first bet is anywhere from $10 to $1,250, Caesars covers it if you happen to lose. This provides the ability to hedge or leverage this bet to the hilt. If you win your first bet, you’re thrilled. But if your first bet gets stuck in the deep rough, Caesars sends the amount of your bet back into your account in the form of one bet credit.

You have 14 days to play that bet credit. If it wins, then you cash in just as much as if you’d never received your mulligan.

DraftKings Promo Code for Masters Betting

The DraftKings promo code gives new users $150 in bonus bets if their first bet of $5 or more settles as a winner. The catch for Masters bettors is that the opening bet needs to place on a pre-game moneyline, which is not available in golf.

So why do we list it among the best Masters betting promos & bonus codes? Well, if you place an opening wager of $5 or more on any game with a pre-game moneyline – there are plenty of MLB, NBA or NHL options on today’s schedule – you can then use the bonus bets on The Masters, as they have no restrictions.

The bonus bets come in the form of six $25 bet credits, which are good for seven days.  They have a 1x playthrough, so anything you win while playing them is all yours.

WynnBET Masters Betting Promo Code

For a while, WynnBET was offering $100 in bonus bets after you made a $100 wager. But the WynnBET people love The Masters, so the WynnBET promo code XSBWIRE offers a special opportunity: Start an account and make a mere $20 first bet in order to get $100 in bonus bets.

Your $20 bet doesn’t need to win to get the $100 in bonus bets, which will show up as two $50 credits in your account.

Please note you’ll need to study your WynnBET to make sure you’re fulfilling some minor conditions: Your first bet must go on something with odds of -120 or greater (meaning -121 or more doesn’t work), but that shouldn’t be a problem with The Masters. Your bonus bet must go on something with odds of -150 or greater. Again, that shouldn’t be an issue with The Masters.

As with the other best Masters betting promos & bonus codes, you only need to win your bonus bet once to win your profit in cash.

FanDuel Masters Promo Code

FanDuel leaves the perspiring to the golfers who must negotiate the Augusta National hills. With the FanDuel promo code, new customers receive a No Sweat First Bet up to $1,000.

FanDuel’s deal is similar to BetMGM’s first-bet offer. If you win your first bet, you’re thrilled. If you lose your first bet, you get your first bet back in the form of bonus bets. With FanDuel, though, you’re able to play your bonus bets however you see fit. Bet $5 here and $10 there … wager it all on one event … or make a bunch of $1 bets. It’s all up to you.

You have 14 days to play your bonus bets. Each time one of your bonus bets wins, the profit is pure cash for you.

BetRivers Masters Promo Code

Our list of best Masters betting promos & bonus codes wouldn’t be complete without the BetRivers bonus code SPORTS, which gives you a 2nd Chance bet up to $500 if your first bet loses.

New customers get rolling by creating an account and placing at least $10 into that account. You decide how much to wager on your first bet. If it wins, then count your cash. If it loses, then BetRivers puts a new ball on the tee by refunding the amount of your bet in the form of one site credit.

You can take up to 30 days to play that site credit. The only guideline is you must place it on a bet with odds of -200 or greater. If your site-credit bet wins, then you get your payout in cash.

Use the Best Masters Betting Promos
& Bonus Codes on This Year’s Field

Entering the tournament, Caesars Sportsbook had market-leading odds on Scheffler, the world’s top-ranked player, winning a second straight Masters, pricing the 26-year-old New Jerseyan at +500. Rory McIlroy was next at +700, followed by Rahm (+900) and Jordan Spieth (+1600).

Woods was the last to capture consecutive green jackets, winning the third of his five titles in 2002. You can use the best Masters betting promos & bonus codes to wager on the 2023 tournament today!