2021 Masters Odds: Matsuyama Wins, Four Favored For 2022 Masters

Posted by Neil Jordan . Last updated:

It was strange in 2020, evaluating Masters odds in November. Normally, if you are doing that, you are looking ahead to the April event. However, with COVID-19 rearing its ugly head, the 2020 Masters was held in November for the first time. It was also held without patrons. Augusta National Golf Club allowed a limited number of patrons inside the ropes for the 85th edition of The Masters tees in Augusta, Georgia. There is a decent chance that the 2022 Masters will be back to normal, fingers crossed.

Have a look at our odds to win the Masters, along with information on Augusta National, some of the best Masters bets to make and where to watch the Masters.

Current Masters Odds

Dustin Johnson was favored by the Masters betting odds to repeat as champion in 2021. However, history was against Johnson. Only Jack Nicklaus (1965 and 1966), Nick Faldo (1989 and 1990) and Tiger Woods (2001 and 2002) have taken the Green Jacket home in back-to-back years.

Johnson is one of four golfers favored to win the Masters next year as he joins Justin Thomas, Jordan Spieth and Jon Rahm atop the board. Johnson missed the cut in his title defense as the course played completely different than it did when he won. Rory McIlroy, Bryson DeChambeau and Brooks Koepka are in the mix, as well as Xander Schauffele and Hideki Matsuyuma, who made up the final group at the 2021 Masters. Matsuyama held on for a one-shot win for his first major championship.

Player Masters Odds
Dustin Johnson +1100
Justin Thomas +1100
Jon Rahm +1100
Jordan Spieth +1100
Rory McIlroy +1600
Bryson DeChambeau +1600
Brooks Koepka +1800
Xander Schauffele +2000
Hideki Matsuyama +2500
Patrick Cantlay +2800
Patrick Reed +2800
Cameron Smith +3300
Collin Morikawa +3300
Tony Finau +3300
Viktor Hovland +3300
Webb Simpson +3300
Will Zalatoris +3300
Daniel Berger +4000

All Masters odds from the Bovada Sportsbook.

Best Masters Betting Site

Top Betting Favorites In Masters Odds

How are the Masters betting favorites doing at our top-recommended sportsbooks? Where can you find the best value amongst the favorites? We break it down for you here.

For the early 2022 Masters odds, the usual suspects are at the top of the board. Dustin Johnson, Justin Thomas, Jordan Spieth and Jon Rahm are the consensus sports betting favorites to get things started. Brooks Koepka is the one to watch as his balky knee wouldn’t let him walk around Augusta National comfortably. If he is healthy next April, he’ll be one of the favorites.

Player Bovada BetOnline SportsBetting.ag
Dustin Johnson +1100 +1100 +1100
Justin Thomas +1100 +1200 +1200
Jordan Spieth +1100 +1200 +1200
Jon Rahm +1100 +1000 +1000
Rory McIlroy +1600 +1600 +1600
Bryson DeChambeau +1600 +1800 +1800
Brooks Koepka +1800 +1600 +1600
Xander Schauffele +2000 +2000 +2000
Hideki Matsuyama +2500 +2200 +2200

Masters Prop Bets

Green icon showing a gold club hitting a golf ball

What Masters Odds Can You Bet On?

There will be various prop bets to wager on for these Masters betting odds. You will be able to bet on the leader for each round, as well as players to finish top-five, top-10 and top-20. There will also be the ability to bet on various groups of players, wagering on who will have the lowest score.

two green bills laid atop one another

When Can I Bet On These Props?

Head-to-head matchups, bogey-free rounds, you can bet on all of these prop wagers and more closer to tee off time on Thursday morning. The first two groups of three will go off the first and 10th tees at 8:00 AM ET.

You can make these bets on your mobile sportsbook as well!

Most Recent Masters Winners

Have a look at the last five Masters winners, their Masters odds and what you would have won on a $100 bet.

Hideki Matsuyama (2021)

Hideki Matsuyama (2021)

Matsuyuma has looked like a very good player, but he has not been consistent. However, on the 10th anniversary of winning the Low Amateur at the Masters, Matsuyama put on a ball-striking clinic to win his first Green Jacket, and first major championship. He finished one shot ahead of Masters rookie Will Zalatoris, although Matsuyama was cruising until the second nine.

Nerves definitely got the better of him down the stretch, where he bogeyed three of the last four holes, and Xander Schauffele managed to get within two shots of Matsuyma as the two got the 16th hole, where Schauffele put his tee shot in the water and walked away with a triple bogey. Jordan Spieth and Schauffele finished three shots back, while Jon Rahm and Marc Leishman finished at -6.

Matsuyuma becomes the first Japanese man to win a major championship, which follows countrywoman Tsubasa Kajitani’s win at the Augusta National Women’s Amateur.

Another winner of the week was Augusta National, which bared its teeth and showed that it wasn’t a pushover like it was in November 2020.

Hideki Matsuyama celebrates his Masters win

A $100 bet on Matsuyama would have won you $4,000

Dustin Johnson (2020)

Dustin Johnson (2020)

Johnson was one of the favorites on New Year’s Day in 2020 at +1400, but again, the Masters was postponed from April to November due to the COVID-19 pandemic. However, Johnson remained a sports betting favorite at +1000 heading into the tournament. He was hot going into the tournament, with five straight top-six finishes (including a win). It was Johnson’s first Masters win, and second major championship as he ran off to a five-shot win over Cameron Smith and Sungjae Im. Johnson finished with a score of -20, which was a new record.

Dustin Johnson shows off Green Jacket

A $100 bet on Johnson would have won you $1,000.

Tiger Woods (2019)

Tiger Woods (2019)

Woods was rated at +1400 going into the 2019 Masters, finishing T-5 at the WGC-Dell Technologies Match Play prior to that. But Woods’ experience paid off as players around him started making mistakes, and he shot a final-round 70 to win with a -13 score, one shot better than Johnson, Brooks Koepka and Xander Schauffele at the top of a crowded leaderboard. It was Woods’ fifth Masters win, putting him one behind Jack Nicklaus. It was also Woods’ 15th major, leaving him three behind Nicklaus. Woods, of course, will miss the Masters in 2021 because of a terrible car accident.

Patrick Reed congratulates Tiger Woods

A $100 bet on Woods would have won you $1,400.

Patrick Reed (2018)

Patrick Reed (2018)

Reed was a huge golf betting underdog at +4000, but he was confident with three top-10s in a row going into Augusta. But Reed held off the field for a one-shot victory over Rickie Fowler with a score of -15. It was Reed’s first major championship and it was fitting that a player nicknamed “Captain America” for his exploits in international golf, would bring the Green Jacket back to the United States after two international winners in a row.

Sergio Garcia puts the Green Jacket on Patrick Reed

A $100 bet on Reed would have won you $4,000.

Sergio Garcia (2017)

Sergio Garcia (2017)

Spain’s Garcia was one of the candidates for “Best Player Never To Win A Major” going into the 2017 Masters, where he was listed at +3000. While he won in Dubai earlier in the year, he had been up and down leading into the tournament. But Garcia finally broke his duck by outlasting England’s Justin Rose as the two finished tied at -9, then Garcia won with a birdie on the first playoff hole. Garcia was the first Spaniard to win here since Jose Maria Olazabal in 1999.

Danny Willett puts the Green Jacket on Sergio Garcia

A $100 bet on Garcia would have won you $3,000.

Danny Willett (2016)

Danny Willett (2016)

Willett, from England, was a massive +5000 underdog to win at Augusta in 2016. Like Garcia, Willett had been inconsistent heading into the tournament. Also like Garcia, Willett also won in Dubai. But at the Masters, Willett held on for a score of -5, three shots over fellow Englishman Lee Westwood and Spieth, who had a five-shot lead going into the back nine. However, two balls into Rae’s Creek and a quadruple-bogey at No.12 ended that. Willett was the first Englishman to win at Augusta since Nick Faldo in 1996.

Jordan Spieth puts the Green Jacket on Danny Willett

A $100 bet on Willett would have won you $5,000.

Augusta National Golf Club

Venerable Augusta National Golf Club was established in 1933, and the Masters started the next year. It was 6,400 yards back in 1940, but it has since stretched out to 7,475 yards as golf equipment allows players to hit the ball further than ever before. There is a certain aura around Augusta, which is perpetuated by the broadcasts, where fans are called “patrons”, the rough is called “the second cut” and of course, all the references to the foliage on the property, particularly, the azaleas (as you can see below, each hole is named after the foliage on that hole). This par-72 track has ryegrass for the fairways and rough, and bentgrass on the greens.

There are many memorable holes at Augusta National. The first nine (not the front nine, like at other courses) is highlighted by the par-5 second hole. But the second nine is arguably the most famous in all of golf. Amen Corner features a par-4 at No.11 that is 505 yards, then the aforementioned par-3 No.12, which has ended many hopes of winning the Masters. But if you lose a stroke there, you can get it back at the par-5 13th. There is another par-5 at No.15 (both par-5s on the second nine are easily reachable in two for the professionals), and then the par-3 16th, which you will remember from Tiger Woods’ incredible chip back in 2005 and Jack Nicklaus’ fantastic 5-iron in 1986. Finally, the finishing hole, a 465-yard par-4, does not look imposing, unless the player hits a poor drive, then trouble is all around the green.

Something to keep in mind while considering these Masters odds is the condition of the course. In November, the course was playing much easier, not to take anything away from Dustin Johnson’s win. In April, the course will be a lot faster and even if it rains (which it should at some point), the SubAir system at Augusta National makes sure that the course is still an extremely tough test for the best golfers in the world.

Hole Name Yards Par
1 Tea Olive 445 4
2 Pink Dogwood 575 5
3 Flowering Peach 350 4
4 Flowering Crab Apple 240 3
5 Magnolia 495 4
6 Juniper 180 3
7 Pampas 450 4
8 Yellow Jasmine 570 5
9 Carolina Cherry 460 4
10 Camellia 495 4
11 White Dogwood 505 4
12 Golden Bell 155 3
13 Azalea 510 5
14 Chinese Fir 440 4
15 Firethorn 530 5
16 Redbud 170 3
17 Nandina 440 4
18 Holly 465 4

How To Watch The Masters

You can watch the Masters in a number of different ways. You will be able watch on TV, on ESPN and CBS, from 1:00 PM to 5:30 PM from Thursday to Saturday. The final round will be shown on Sunday from 1:00 PM until the final putt.

There is also the Masters.com app, where you can watch Featured Groups. In 2020, the app allowed you to build your own featured group. The Masters App will also show holes 4-6, along with Amen Corner (holes 11-13) and holes 15 and 16. The Masters.com app broadcasts the entire day, for the most part.

Masters Odds FAQs

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