In a similar way to horse racing’s Kentucky Derby, the Masters Tournament is the crown jewel of golf. The Masters Tournament is the biggest and most prestigious event on the calendar for the sport and is one of four “majors” on the PGA Tour. As a result of its popularity, Masters betting dwarfs all other events on the golf calendar. And like the Kentucky Derby, there is a disproportionate amount of casual sector money bet on the Masters Tournament. Additionally, the Masters Tournament has a reputation for being unpredictable. The opening favorite rarely wins.
2023 Masters Tournament
|Date:||Thursday, April 6 to 9, 2023|
|Location:||Augusta National Golf Club, Augusta, Georgia|
2023 Masters Tournament
|Sung Jae Im||+4600|
|All Other Players||+5000 or higher|
2023 Masters Tournament Overview
At the beginning of any conversation about the Masters Tournament is its tradition and rituals. The Masters Tournament is held at the Augusta National Golf Club. Augusta is the most revered golf course in the sport. It is manicured to perfection, and its picturesque beauty is second to none.
Next is the coveted Green Jacket that is presented in historic Butler Cabin to the best sportsbook online winner. At any other golf tournament, the prize money is most often discussed. But at the Masters Tournament, it is never a topic. Golfers would gladly trade their prize money for one green jacket. The presentation is unique, with the previous champion putting the green jacket on the winner.
Last year, Scottie Scheffler won the Masters Tournament with a dominant performance. At that time, Scheffler was the hottest player on the golf bets board. Previously, Hideki Matsuyama was the 2021 winner. Dustin Johnson won in 2020, Tiger Woods in 2019, Patrick Reed in 2018, and Sergio Garcia in 2017.
Tiger Woods’ 2019 championship was among the most memorable in golf betting history. Woods was once the dominant player in the game but had declined through the years. Due to numerous injuries and a bad back, Woods could not dominate as he did in his peak years. But in the 2019 Masters Tournament, Woods regained his lost magic and went on a run for the ages.
In like manner to other sports, the Masters draws a lot of casual money that will bet the big-name favorites. And that has to be taken into account when assessing value.
2023 Masters Tournament Favorites
Rory McIlroy opened as the Online sportsbook favorite to win the 2023 Masters Tournament. McIlroy has never won the elusive green jacket. His closest Masters finish was 2nd place in 2022. McIlroy has won three other major tournament championships. At age 33, he is hoping to complete his resume with the tournament everyone wants to win.
McIlroy is in good form as the top-ranked player on the Official World Golf Ranking. He has finished in the top eight in seven consecutive tournaments. Last time out for McIlroy was a 4th place finish at the DP World Tour Championship. Previously he was the winner of the CJ Cup in South Carolina. Also, he had a win at the TOUR Championship in that seven-tournament span.
Defending champion Scottie Scheffler is another top choice with the betting public. Last year he won the Masters Tournament and had a dominant stretch of several weeks that was among the most impressive of any player in several years. Scheffler has finished in the top nine in his last three tournaments. Of great concern is that he has posted another win since that Masters Tournament triumph.