The latest Masters odds are now available, and Scottie Scheffler (+410) has opened as the favourite to take the win at one of the biggest major golf tournaments on the PGA Tour. While it was Rory McIlroy (+850) who took the victory at Augusta in 2025, the Green Jacket is up for grabs this year, making it a great time to bet on the 2026 Masters betting odds.
Below, we’ve highlighted the latest odds on the Masters Tournament, analysis on our top picks to win, as well as the best golf betting sites in Canada to place your wagers with.
Masters Odds 2026 🏆
Click on the odds to place a bet! The odds were last updated on Mar 31, 2026:
| Golfer | Odds (bet365) | Odds (Sports Interaction) | Odds (BetVictor) |
|---|---|---|---|
| Scottie Scheffler | +410 | +500 | +400 |
| Rory McIlroy | +850 | +1000 | +900 |
| Jon Rahm | +1300 | +1200 | +1200 |
| Bryson DeChambeau | +1900 | +1000 | +1200 |
| Tommy Fleetwood | +1900 | +2200 | +2000 |
Matt’s 2026 Masters Championship Picks
Previously published in Sports Betting Dime, The Hockey Writers, Prospects by Sports Illustrated, and FanSided, Matt has expert knowledge of all major North American sports as well as the best ways to bet on them.
If you’re looking for expert Masters betting tips before this year’s tournament unfolds, check out our top 2026 Masters betting picks below to help boost your bankroll on all your upcoming bets.
To Win: Cameron Young (+4500)
My pick to win the 2026 Masters Tournament is Cameron Young. At 28-years-old, Young is in his athletic prime and has been playing at an elite level to begin the 2026 season. With three Top 5 finishes already under his belt this year, Young has proven that he’s on track for a career year.
Having come close to winning the Masters Tournament in recent years, including Top 10 finishes in 2023 and 2024, look for this to be the year that Young finally wins at one of the Major Tournaments, etching his name in golf history.
Cameron Young to win the 2026 Masters
Runner-up: Scottie Scheffler (+410)
The world-ranked number one golfer, you can never count out Scottie Scheffler when placing bets on the Masters odds. Having already claimed victory twice at Augusta National Golf Club, Scheffler is always in the mix for the top spot whenever he steps foot on the course.
Even with fairly short odds, Scheffler can still be looked at as a worthwhile bet as he looks to continue cementing himself as one of the best golfers of his generation in 2026.
Scottie Scheffler to win the 2026 Masters
Longshot/Value Bet: Adam Scott (+9000)
If you’re looking for a real long shot that has a legitimate shot at pulling off an upset, sprinkle a wager on Australia’s Adam Scott to win on the 2026 Masters betting odds.
At 45 years old, you’d expect to see Scott slow down in production, but he’s off to a great beginning of his 2026 campaign. Having tallied two Top 10 finishes already this season, Scott looks like he’s ready to pull a fast one on Father Time at this PGA Tour Major.
Having proven himself at Augusta National Golf Club already in his career, having claimed victory in 2013, look for Scott to show he’s still got some gas in the tank as he secures a top finish at the 2026 Masters.
Adam Scott to win the 2026 Masters
Masters Championship: Quick Facts
When: April 9th-12th 2026
Where: Augusta National Golf Club, Georgia
Winner’s Purse: $4.2 million
2026 Favourite: Scottie Scheffler
2025 Defending Champion: Rory McIlroy
How to Bet on Masters Odds in Canada 🍁
If you’re a Canadian and new to placing golf bets, don’t sweat it; we’ve got you covered. Below, we’ve outlined a step-by-step guide to learn how to place bets on the Masters betting odds this year.
Here’s how to bet on the Masters in four easy steps:
1. Choose a Sportsbook
To get started, take a look at our recommended Master’s betting sites below, or check out our in-depth betting sites reviews to find the online sportsbook that best fits your betting needs. Be sure to compare the odds, betting markets, and banking options offered by each oddsmaker before signing up.
2. Create an Account
To register with an online sportsbook, you’ll need to supply personal information such as your name, address, and email. Additionally, you may be asked to submit a copy of government-issued ID (driver’s license or passport) to verify your identity.
3. Make a Deposit
Your deposit funds your bets. Check out the available payment methods offered by your oddsmaker and follow the steps to successfully load your account balance with playable credits. Popular deposit methods include Interac e-Transfer, PayPal, Credit Cards, and even cryptocurrency, depending on where you’re located.
4. Place a Bet
All that’s left to do is place a bet. Navigate to the available golf bets at your sportsbook, select a bet, and add it to your bet slip. It’s that easy to place a bet on the latest Masters betting odds!
Where to Find the Best Masters Championship Odds: Top Sportsbooks
| Rank | Master Betting Sites | Welcome Bonus | Join Link |
|---|---|---|---|
| #1 | bet365 | 100% First Bet Safety Net Up To $1000 / Bet $10, Get $50 | Use Bonus Code CANBET |
| #2 | Sports Interaction | 125% Bonus Up To $750 / No Sweat Safety Bet Up To $500 | Get Bonus |
| #3 | BetVictor | 100% Safety Net Up To $400 | Get Bonus |
| #4 | TonyBet | 100% Match Up To $700 | Use Bonus Code CSBTB |
| #5 | ToonieBet | 100% Bonus Up To $150 | Get Bonus |
| #6 | PariMatch | 100% Match Up To $500 | Use Bonus Code CANBET |
| #7 | BET99 | 100% First Bet Insurance Up To $800 | Use Bonus Code CANBET |
| #8 | 10bet | 125% up to C$400 + C$10 Free Bet! | Use Bonus Code CANBET |
| #9 | Stake | 200% Bonus Up To $2000 | Use Bonus Code CANBET |
| #10 | Betway | 100% Deposit Bonus Up To $500 | Get Bonus |
Breakdown: Top 3 Masters Betting Sites in Canada 🍁
If you’re looking for a reliable destination for all your online golf betting needs, then be sure to take your action to one of the best golf betting sites featured below. Each of the online betting sites below offers great odds on the latest Masters golf betting odds in Canada, and provides unique betting features for all golf bettors.
Don’t wait, check out the best golf betting sites available in Canada below to place your Masters 2026 bets with.
1. bet365
Known across the globe for its amazing sports betting experience, bet365 has everything a bettor needs to enjoy Masters golf betting in Canada.
bet365 excels at offering the widest range of futures markets for the tournament, so you can find the perfect bets ahead of the events. Sign up today and enjoy the particularly profitable odds offered at bet365, which are also very easy to access through its user-friendly golf betting app.
⭐ Highlights:
- Biggest selection of Golf Futures & Prop Bets
- Competitive Odds
- Easy-to-Use Mobile App
2. Sports Interaction
You can’t go wrong placing wagers at Sports Interaction (SIA). SIA has a long history as a top-tier oddsmaker and offers its players an easy-to-use mobile golf betting app with plenty of juicy betting markets. Check out the latest golf betting odds at Sports Interaction today and see why this is one of our top online sportsbooks for Masters betting in Canada.
⭐ Highlights:
- Deep Range of Betting Markets
- User-Friendly Interface
- Great for Live Betting Golf
3. BetVictor
BetVictor is a reputable betting site that makes placing your golf bets a breeze and is a terrific option for Masters golf betting online.
Packaged in a slick, intuitive interface, the BetVictor sportsbook app is one of the best available on the market. BetVictor is also one of the top destinations for live bettors with their stupendous in-play betting hub. Along with their solid odds, BetVictor offers reliable 24/7 customer support via live chat, social media, email, and FAQs.
⭐ Highlights:
- Trustworthy & Reliable Customer Support
- Intuitive App Design
- Stellar Live Masters Betting Options
How to Read Masters Odds 👓
If you’re going to place a bet at any of the best golf betting sites, you’ll need to learn how to read Masters odds 2026. Below, we’ve provided a simple tutorial on how to read Master’s odds in American format.
In American odds format, a favourite is shown using a minus symbol (-) and an underdog with a plus symbol (+). The minus sign for a favourite represents the amount of money needed to be wagered to profit $100 from your bet. Conversely, for an underdog, the plus sign shows how much profit is won by wagering $100.
Check out the example below for a breakdown of how American odds work.
- Favourite: -130 (risk $130 to win $100)
- Underdog: +130 (risk $100 to win $130)
Use our hand odds calculator to convert odds into different display formats and to calculate your potential winnings for any bet size.
Popular Masters Betting Markets
To help you score a big win on your next wager, check out the most popular ways to bet on the Masters betting odds. Each of the Masters betting markets below has its own unique winning criteria, so be sure to have a thorough understanding of each market before placing bets on the latest Masters odds.
⛳ Outright Winner
Betting on an outright winner is a simple yet difficult betting market to win. For this market, all you have to do is pick the winner of the Masters. If you predict correctly, you win your bet; if your pick doesn’t get the green jacket, you lose.
When betting on the outright winners, typically you’ll find the most success backing Master betting favourites, rather than going from wild long shot picks from deep in the field.
⛳ Each-Way Markets
Each-way (E/W) markets allow bettors to place multiple bets in one. Typically, an each-way market provides you with odds on your player to either win outright or place within the Top 5, although you can place bets on other top finishing positions as well.
In this bet, if you wagered $20, you’d be placing a $10 bet on your selected golfer to win, and $10 on them to place.
For example, if you placed a $10 E/W wager on Rory McIlroy at +1000 odds to win, and +200 to finish top 5, if he wins outright, you’d win both parts of your wager for a total return of $120. However, if Rory came up short of the win, but still finished in the Top 5, he’d still net you a $20 win on your place wager.
⛳ Top “X” Finish
A great way to bet on the Masters betting lines is to wager on a particular golfer to finish within a certain position. Popular examples of a top finish bet include Top 5, Top 10, Top 20, and Top 40 finisher bets.
A simple to understand bet, if you back a golfer to finish in the Top 20 and he finishes 18th, you’d win your wager; however, if he finishes 21st or worse, you’d lose your bet.
⛳ To Make the Cut
Betting on a golfer to make the cut is a great way to bet on underdogs you think can make some noise through the opening two rounds of the Masters.
The cut line is set after the first 36 holes are played, with the Top 50 finishers, including ties, making the cut, and any players below the cut line being removed from contention.
So, by betting on a golfer to make the cut, you’re placing a bet on them to finish within the Top 50 after the first two rounds are complete.
⛳ Round Leaders
Betting on who will be a round leader is a simple yet exciting way to wager on golf. In this betting market, all you need to do is correctly predict who will have the lowest score in the specified round.
Whether you’re banking on a strong early round performance or a stellar finish, round leader bets can be profitable when they hit.
⛳ Wire-to-Wire Winner
A wire-to-wire winner is when a player finishes atop the tournament standings from start to finish at the Masters. Only five golfers have ever won the Masters wire-to-wire, the last being Jordan Spieth in 2015.
⛳ Winning Margin
You can increase the value of your outright pick by wagering on the final winning margin, which allows you to add even more juice to your Masters 2026 betting odds. This means you need to bet on how many strokes the victor will have between themselves and second place.
⛳ Player Prop Markets
A player prop in Masters betting is a wager on how a specific golfer will perform on a particular stat or event, rather than on who wins the tournament or match overall.
Some examples of Masters prop bets are:
A player to sink a hole-in-one.
Who will be the best golfer from their geographical region (top American, top European)
Who will have the best score from their group
Head-to-head matchups
Masters Betting Tips & Strategy
To help you make the most of your betting experience, check out our best betting tips & strategies for the Masters odds below and use them to help score your next big win on the PGA Tour.
⚖️ Compare Odds
If you’re going to be putting your hard-earned money at stake, make sure you’re getting the best bang for your buck on all your upcoming bets. Compare the odds of your desired bets across multiple sportsbooks to find the one offering the best return possible on your action.
⚡ Take Advantage of Live Betting Lines
The biggest tip we can give you for betting on a major golf tournament is to bet live, either during or after the first round. Study which golfers are handling the conditions well, and watch the odds fluctuate (they will considerably).
By live betting, you may end up with shorter odds for certain players, including pre-tournament favourites, or longer odds on longshots that have got off to a hot start. It’s up to you to use your golf knowledge to differentiate a trend from a fluke, and if you’re successful, live betting the Masters Golf Tournament can lead to a massive boost to your bankroll.
🤓 Do your Research
We can’t stress how important research is to a successful golfing wager. Around 100 golfers will take part in the Masters, and the tournament winner isn’t always one of the opening favourites.
Before placing a bet, research the history of the tournament and its previous winners, as well as recent top finishers on the PGA Tour that are set to compete at the 2026 Masters.
More Golf Betting Resources
- Best Golf Betting Sites
- Players Championship
- RBC Canadian Open
- US Open
- The Open Championship
- PGA Championship
Last 10 Masters Champions ⏱️
| Year | Champion | Country |
|---|---|---|
| 2025 | Rory McIlroy | United Kingdom |
| 2024 | Scottie Scheffler | USA |
| 2023 | Jon Rahm | Spain |
| 2022 | Scottie Scheffler | USA |
| 2021 | Hideki Matsuyama | Japan |
| 2020 | Dustin Johnson | USA |
| 2019 | Tiger Woods | USA |
| 2018 | Patrick Reed | USA |
| 2017 | Sergio Garcia | Spain |
| 2016 | Danny Willett | England |
Masters Championship: Stats & Facts
- Most Wins: Jack Nicklaus (6)
- First Winner: Horton Smith
- All-Time Best Score: -20 (Dustin Johnson, 2020)
- Largest Margin of Victory: 12 Strokes (Tiger Woods, 1997)
- Highest Score in a Win: +1 (Sam Snead, 1954 | Jack Burke Jr., 1956, Zack Johnson, 2007)
Most All-Time Masters Champions 🥇
| Player | Wins | Years |
|---|---|---|
| Jack Nicklaus | 6 | 1963 1965 1966 1972 1975 1986 |
| Tiger Woods | 5 | 1997 2001 2002 2005 2019 |
| Arnold Palmer | 4 | 1958 1960 1962 1964 |
| Jimmy Demaret | 3 | 1940 1947 1950 |
| Nick Faldo | 3 | 1989 1990 1996 |
| Phil Mickelson | 3 | 2004 2006 2010 |
| Gary Player | 3 | 1961 1974 1978 |
| Sam Snead | 3 | 1949 1952 1954 |
| Jose-Maria Olazabal | 2 | 1994 1999 |
| Seve Ballesteros | 2 | 1980 1983 |
| Ben Crenshaw | 2 | 1984 1995 |
| Bernhard Langer | 2 | 1985 1993 |
| Tom Watson | 2 | 1977 1981 |
| Bubba Watson | 2 | 2012 2014 |
| Horton Smith | 2 | 1934 1936 |
| Ben Hogan | 2 | 1951 1953 |
| Byron Nelson | 2 | 1937 1942 |
| Scottie Scheffler | 2 | 2022, 2024 |
How Does The Masters Tournament Work?
The Masters is a typical stroke-play golf tournament in which the lowest-scoring player over four rounds is declared the winner.
Out of a field of approximately 100 golfers, around half will be ‘cut’ after the first two rounds, depending on where the cut line is set.
If two or more players are tied at the end of the four rounds, a sudden-death playoff will commence. This involves the leaders playing extra hole(s) in a sudden-death contest to determine the winner.
The 18th Hole: History of the Masters
The Masters Golf Tournament is a premier event in golf, steeped in history and tradition. It is the first major PGA golf event of the year. The tournament was the brainchild of legendary golfer Bobby Jones, who wanted to create a competition that would bring together the world’s best golfers on a level playing field.
The tournament was first held in 1934 and was known as the Augusta National Invitational. The event was held at the Augusta National Golf Club, which Jones co-founded, and it was won by Horton Smith, who took home a prize of $1,500 (about $35.7K today), a major difference from the most recent purse of $4.2 million.
The tournament quickly became one of the most anticipated events on the golfing calendar, attracting the sport’s top players from around the world. In 1939, the tournament was renamed the Masters, and it has been known by that name ever since. The Masters is known for its iconic green jacket, awarded to the tournament winner. The jacket was first awarded to the winner in 1949 and has since become one of the most recognizable symbols in all of sports.
In recent years, the Masters has continued to evolve, with the addition of a Women’s Amateur tournament in 2019. This move was widely hailed as a significant step forward for women’s golf and was seen as a sign of the tournament’s commitment to promoting the sport to a broader audience.
Masters Betting FAQs
Currently, Scottie Scheffler has the best odds to win the Masters. Having already won twice at Augusta National Golf Club, Scheffler is once again favoured to win it all.
Scottie Scheffler is the favourite to win the Masters in 2026. With Masters betting odds circulating around +300-400, there’s still great value in backing Scheffler.
Yes, a Canadian has won the Masters. In 2003, Mike Weir from Brights Grove, Ontario, became the first Canadian to ever win the Masters Tournament. In 2026, the Canadian with the best Masters betting odds is Correy Conners at +5500.