Rahm Leads Scheffler, McIlroy as Favorite

sportsbookreview.com

19 January 2023

Rahm Leads Scheffler, McIlroy as Favorite

The 2022-23 PGA Tour is finished and now it's time to prepare for 2024 with our breakdown of the best Masters odds from ourbest golf betting sites.

Jon Rahm surged from behind to overtake Brooks Koepka on Sunday in the 2023 Masters. Though he has once again fallen behind Scottie Scheffler in the Official World Golf Ranking (OWGR), he expects to be contending for that top spot for the foreseeable future; especially if he can replicate his scorching-hot start to the 2023 calendar year.

With Brooks Koepka, Wyndham Clark, and Brian Harman winning the final three majors of 2023, respectively, will the door remain open for another long-shot winner in the first major of 2024, or will Rahm, Scottie Scheffler, or Rory McIlroy pull through on their early billing as favorites to win the Masters?

Read on as we preview the 2024 Masters odds among the favorites, contenders, and long shots (odds via our best sports betting sites).

Masters odds 2024

(Masters odds as of Aug. 29)

Masters betting analysis

The Masters odds didn't move in the immediate aftermath of the British Open or the Tour Championship and have stayed fairly stagnant since they first opened in mid-April.

This isn't a high-priority market for our best sportsbooks until early in 2024, so savvy bettors and golf fans who follow the PGA Tour, DP World Tour, or even LIV Golf weekly can benefit from pouncing on hanging numbers in the futures market. That's best emphasized with our long-shot Masters pick below.

Masters odds movement

As mentioned above, there hasn't been a lot of movement in the early Masters odds for 2024. Expect the major futures markets to reset as the attention fully turns toward the 2023-24 golf season.

Masters odds 2024: Favorite

Rahm opened at +1200 to win the 2023 Masters and dipped as low as +700 amid a torrid start to 2023 that included wins at the Sentry Tournament of Champions, The American Express, and The Genesis Invitational.

His 2024 opening odds of +650 via DraftKings have already increased to this +900 via Caesars without much further success in 2023. However, the World No. 3 is routinely priced among the favorites in every event and another strong start in 2024 would cause these odds to shorten.

Masters odds 2024: Contender

Kim entered his first appearance at the Masters as a two-time PGA Tour winner and finished T-16 in his debut at Augusta National Golf Club. He then missed the cut in the PGA Championship but rebounded to tie for eighth in the U.S. Open and for second in the British Open.

This +7500 number via FanDuel is already much higher than what's available via DraftKings, and BetMGM.

Masters odds 2024: Long shot

We were able to bet Harman at +20000 via DraftKings to win the 2024 Masters immediately following his dominant victory in the British Open. While DK dropped its odds for Harman to +8000 following the Tour Championship, this +10000 ticket via BetMGM still offers plenty of value. Register via our BetMGM bonus code: SBRBONUS to get this market-high price.

Masters odds 2024: Fade

While DraftKings is offering much better odds on Thomas to win the Masters than some of our other sportsbooks of choice, this price still doesn't accurately reflect his current game.

The 2023 PGA Champion has fallen from No. 8 to No. 26 in the OWGR since the end of the last calendar year. He has just three top-10 finishes in 2023 with nothing better than a fourth-place showing in the WM Phoenix Open in February. He also missed the cut in three of 2023's four majors with only a T-65 result in the PGA Championship.

Tiger Woods' Masters odds

Woods is listed with odds as high as +13000 to win the 2024 Masters. However, he didn't play in any of the final three majors of the year due to the injury that forced him to withdraw from the 2023 Masters.

Should Woods declare his intentions to return to Augusta National in early 2024, he'll surely become a popular bet once again and there's a good chance he'll close with odds shorter than this, but a bet will remain ill-advised.