• Dustin Johnson has opened as this year’s favorite, +650 to win the 2021 Masters.
  • We list the early odds and give our underdog picks for this year’s tournament.
  • John Rahm’s Masters odds are +1000, while Patrick Reed at +2500 is worth a punt.

The Masters returns to Augusta National Golf Club on April 8-11, 2021. It’s one of the biggest betting events on the sports calendar, let’s see where the value is on the favorites and underdogs for the 2021 Masters below.

2021 Masters Favorites

  • Dustin Johnson +650
  • Rory McIlroy +900
  • Bryson Dechambeau +1000
  • Jon Rahm +1000
  • Justin Thomas +1000
  • Brooks Koepka +1200

2021 Masters Odds

GolferOdds
Dustin Johnson+650
Rory McIlroy+900
Bryson Dechambeau+1000
Jon Rahm+1000
Justin Thomas+1000
Brooks Koepka+1200
Xander Schauffele+1600
Patrick Cantlay+2000
Patrick Reed+2500
Webb Simpson+2700
Collin Morikawa+2900
Matthew Wolff+3100
Sungjae Im+3100
Tiger Woods+3100
Jordan Spieth+3300
Viktor Hovland+3300
Daniel Berger+3400
Hideki Matsuyama+3400
Tony Finau+3400
Tyrrell Hatton+3700
Bubba Watson+4100
Jason Day+4100
Harris English+4200
Adam Scott+4500
Justin Rose+4500
Tommy Fleetwood+4500
Cameron Champ+5000
Cameron Smith+5000
Scottie Scheffler+5000
JoaquIn Niemann+5500
Abraham Ancer+6500
Christiaan Bezuidenhout+6500
Louis Oosthuizen+6500
Matthew Fitzpatrick+6500
Paul Casey+6500
Rickie Fowler+6500
Sergio Garcia+6500
Shane Lowry+6500
Will Zalatoris+6500
Dylan Frittelli+8000
Gary Woodland+8000
Jason Kokrak+8000
Phil Mickelson+8000
Robert MacIntyre+8000
Sebastian Munoz+8000
Danny Willett+10000
Francesco Molinari+10000
Kevin Kisner+10000
Lee Westwood+10000
Marc Leishman+10000
Matt Kuchar+10000
Corey Conners+12000
Henrik Stenson+12000
Matt Wallace+12000
Si Woo Kim+12000
Byeong Hun An+15000
CT Pan+15000
Erik Van Rooyen+15000
Ian Poulter+15000
Lanto Griffin+15000
Rasmus Hojgaard+15000
Ryan Palmer+15000
Victor Perez+15000
Zach Johnson+15000
Bernd Wiesberger+18000
Billy Horschel+18000
Brendon Todd+18000
Kevin Na+18000
Hudson Swafford+21000
Charl Schwartzel+27000
Chez Reavie+27000
Graeme McDowell+27000
Jimmy Walker+27000
Mackenzie Hughes+27000
Martin Laird+27000
Michael Thompson+27000
Brian Gay+32000
Carlos Ortiz+32000
Jim Herman+42000
Bernhard Langer+50000
Fred Couples+50000
Tyler Strafaci+50000
Vijay Singh+50000
Charles Obsorne+100000
Joe Long+100000
Jose Maria Olazabal+100000
Larry Mize+100000
Mike Weir+100000
Sandy Lyle+100000

According to the latest Golf odds from online sportsbook BetOnline, Dustin Johnson is the betting favorite to win the 2021 Masters (Bet $100, win $650). DJ won last years Masters, which was only in November due to the pandemic. This will certainly give him the added confidence with the short turnaround, playing at Augusta again.

Every Shot From Dustin Johnson’s Final Round | The Masters

DJ is followed by Rory McIlroy, who is a +900 betting favorite to win his first green jacket. Wagering a $100 could net you $900 on Rory winning.

Dechambeau, Rahm, and JT are all listed at +1000. Meaning that any $100 bet could profit $1000 on either of these golfers winning The Masters.

Justin Thomas could well be Dustin Johnson’s biggest threat at the Masters. JT usually plays up his ability on Augusta and has been keeping fresh at recent tours so far since then.

Bryson Dechambeau uniqueness shines at every PGA Tour. He won the US Open in 2020, but has never looked his best playing at Augusta. Dechambeau is certainly a gamble at +1000, not one I will be banking on just yet.

John Rahm is keeping warm this season after a 5th place finish at the Genesis Open, he also finished within the top ten at last year’s Masters. Could it finally be Rahm’s time to shine at Augusta? He’s certainly a worthy player for any top ten bets and fantasy DraftKings pools out there.

Jon Rahm shoots 9-under 63 | Round 3 | ZOZO CHAMPIONSHIP 2020

Brooks Koepka started off 2021 with a win at the Phoenix Open, finishing 6 under par at TPC Scottsdale. Koepka was runner up in 2019, behind Tiger Woods infamous return season. At odds of +1200, you can bet $100 to net $1200 on Brooks Koepka winning his first Masters.

What to Know About The 2021 Masters

  • Date: April 8-11, 2021
  • Venue: Augusta National Golf Club
  • Location: Augusta, Georgia

Alternative Picks To Win The Masters

My favorite Masters pick from outside the oddsmaker’s top ten is Patrick Reed. I’m always a fan of Reed as a live underdog. Another former Masters winner that knows the course well enough to replicate his 2018 win. Reed has odds of +2500, a real contender for this year’s tournament.

Jordan Spieth won the Masters in 2015. At only 27 years of age, Spieth has finished runner-up in a number of smaller PGA tours this year, including 4th at the Phoenix Open and 3rd at AT&T Pebble Beach. Spieth’s chances of winning his second green jacket are +3300, the same as betting odds as Tiger Woods.

Webb Simpson might have shocked some with his two PGA wins in 2020. However, if you’re a true golf fanatic – Simpson has the real pedigree and could really shake up the top ten favorites at this year’s Masters.

Coming off a close loss at the 2021 Genesis Open, Tony Finau has shown us he is in form and could be a major underdog pick at the Masters. At odds of +3400, you can bet $10 to win $340 on Finau.

Underdog Masters Odds

  • Xander Schauffele +1600
  • Patrick Cantlay +2000
  • Scottie Scheffler +5000
  • Abraham Ancer +6500
  • Phil Mickelson +8000

Keep in the loop with all the latest golf odds, news and picks at Betting Insider Journal. Who do you think will win the green jacked in 2021? Comment below!

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