Where and How to Bet on The Masters 2021

Our Newbies Guide To Bet on the Masters 2020 – Get a little skin in the game at our top betting sites!

If you are a golf fanatic, you already know this, but those who are more casual, or even new to the game should know that the Masters are coming up fast. Super fast actually, even after being totally rescheduled for November 12th through the 15th this year!

“The Masters” is arguably the most prestigious tournament in the world of golf. It is one of four other golf tourneys know as “The Majors”. You have The Masters, the US Open, the Open Championship, and the PGA Championship. The Masters usually being the first of the “Big Four” golfing events every year. Once again, usually.

Lucky for those that love tradition, it will still be taking place at the Augusta National Golf Club in Augusta, Georgia, just at a different time this year.

Some other information you need to know is simply how to get started betting on the Masters. Other things we’re going to share with you are the current odds for the year as well as where to find the best promotions for your online wagering.

Last part of the boring stuff, if you are a bitcoin user, or any other crypto, we want to turn you on to some of the more legit bitcoin sites for betting on the Masters or anything else that you feel like gambling on.

And with all of that out of the way, let’s get to it!

Betting The Masters – Where to Bet with Your Cash or Cryptocurrency in 2020

As we will discuss again a little further down the page, always make sure to do your homework on the stats of all players as they get updated. Tiger Wood was last years winner but is currently a little ways away from that coveted top spot for the 2020 year, with the current top three being discussed:

  • Dustin Johnson
  • Jon Rahm
  • Bryson DeChambeau

Now, we’re naturally going to talk about these sites in a little more detail as you keep reading, but if you believe you’re just up and ready to go, this is our Top 3 Recommended Sites for Betting on the Masters!

  1. Bovada – Visa/Mastercard/Amex for fast deposits. Also accepted are bitcoin, bitcoin cash, Zelle, and vouchers. To see a full, honest review of Bovada, click on this link.
  2. BookMaker – You can use 44 crypto currencies at the time of this writing, of course including bitcoin to make a deposit with Bookmaker. They’re obviously very crypto friendly. They set the lines and are one of the most respected books in the industry. Click here to see their full review.
  3. Intertops – 20+ years of online bets at Intertops. Use bitcoin and bitcoin cash here as well as a couple other types of crypto. Also accepted are Visa and 7 other options such as Bank Wire and others, and some more “unusual” forms of payment. And as we’re sure you have guessed, you can click here for their full review!

But GoodSports, of course you think all those sites are good, you’re in it for the money!

Actually, not 100% true. We like money, sure, but we are proud of our honesty. You can click here to see all of our reviews and you’ll notice that we love some sites and sometimes we’ll say, don’t send these guys any money!
But let’s move on!

Early Masters Odds (Vegas Masters Odds)

Here are the current odds on the Masters 2020 as reported by Bovada. Scroll past this list to see our top recommended betting sites for the tournament.
These odds constantly change, see link above for latest odds and we’ll do our best to update as needed.

These are the odds as posted today, November the third –

  • Bryson Dechambeau + 800
  • Jon Rahm + 1100
  • Rory McIlroy + 1100
  • Dustin Johnson + 1200
  • Justin Thomas + 1200
  • Xander Schaufelle + 1400
  • Brooks Koepka + 1800
  • Patrick Cantlay + 2500
  • Tiger Woods + 2500
  • Bubba Watson + 2800
  • Collin Morikawa + 2800
  • Matthew Wolff + 2800
  • Patrick Reed + 3300
  • Tyrrell Hatton + 3300
  • Webb Simpson + 4000
  • Hideki Matsuyama + 5000
  • Tony Finau + 5000
  • Tommy Fleetwood + 5000
  • Adam Scott + 5000
  • Jason Day + 5000
  • Jordan Spieth + 5000
  • Justin Rose + 5000
  • Louis Oosthuizen + 5000
  • Rickie Fowler + 5000
  • Sergio Garcia + 5000

Tips for Betting on the Masters

Make the right bets and turn the greens into your greens…

The specifics of what to expect when betting on the Masters will vary depending on the participants, the weather, and other factors. But there are some things that you can keep in mind because one thing hasn’t changed, and that is the course. Like any other course, it favors some players and not others.

Small Things to Keep in Mind

Measuring around 7,500 yards, this course lends advantage to anyone who can take long shots off the tee.

Be wary of pin positions on the greens. They’re made to be especially tricky.

The placement of the greens relative to the fairways gives edge to golfers who excel at scrambling.

Back players that do well right away. Some players can get a weak start on other courses and catch up at the end, but it’s very difficult to do at Augusta.

Players that do well at drawing the ball will find that they are a natural fit for this course. Those good at fading the ball may struggle.

There are trends to be aware of. First, it’s very rare for a Masters debutante to win. Secondly, someone returning to the Masters after failing to make the cut previously probably will not win. Tiger Woods did it, but nobody else between 1980 and 2015.

Watch out for golfers who aren’t in form. There are number of automatic invites to the Masters. There’s no requirement that these golfers be on top of their game in order to appear. This may sometimes tempt out-of-form golfers to show up. So pay attention not to their past performance, but also the form they are in right now.

Remember, this is a starting point for your strategies. You’ll need to look over data for golfers appearing and apply your own systems and analysis in order to make accurate predictions.

Legit Masters Betting Sites – Best Odds, Bets and Reputation in 2020

You know about the history.
Now you also know about the format.
You’ve had a chance to check out the odds for the current Masters and you’re ready to check out the top recommended websites to place your wagers on it.

Bovada –

Bovada offers golf futures on the US Masters 2020, which means you can actually place a bet on who you think the winner will be right now. There is a $250 welcome bonus to all new sports betting customers right now, so this is a great time to sign up and take advantage of that offer.

  • Accepts Visa/Mastercard/American Express
  • 50% bonus up to $250 (deposit $500 to maximize your bonus)
  • Accepts bitcoin and Bitcoin Cash (get a 50% up to $500 bonus if you deposit with crypto)
  • Accepts Zelle and vouchers
  • Easy and fast payouts

The way the odds are currently looking over at Bovada. As you can see, nobody expects Sandy Lyle, (and a few others!) to win, but you’d sure get a nice return if you wanted to risk it all for fun and they managed to pull it off!

Intertops –

Another of our favorite sports betting sites to offer action on the Masters is Intertops. On this site, you can place outright bets on the tournament.

Signing up with them right now could net you a bonus of $50, $100, or even $200 depending on what kinds of terms and conditions you’re willing to accept with them.

Waiting for the next big game to start? Make sure that you also check out their not one, but two different casinos!

GT Bets –

GT Bets allows you to bet on the Masters as well as the other Majors. Along with outright bets to win, the site allows you to place futures bets as well as proposition bets. When you sign up, you can get a 100% Match Bonus on your first deposit up to $500. With your second deposit, you can get a 50% Match up to $250. The site offers additional reload bonuses and rewards as well, making it a great site to wager on golf throughout the year.

If you are the kind of person that is also into football and basketball, make sure you check out their 1/2 point feature going on during the year, offering you an ongoing half point on your favorites all throughout the season!

BookMaker –

Over at BookMaker, you can bet on the Masters and take advantage of a massive deposit bonus of up to $2,500. This is an outstanding offer for the high rollers out there. We also recommend this site to those who are looking for a large assortment of proposition bets.

This is what the selection screen looks like over at BookMaker. As you will see, Sandy Lyle and some others aren’t even showing up here. That’s one reason it’s a good idea to join more than one Sportsbook!

Types of Bets You Can Place on the Masters

Like any other sport, Golf has many, many different types of wagers you can make. Follow your style and just make it fun for you!

There are a number of different types of bets which you can place on the Masters. The exact types of wagers available will depend on the sports betting site you choose to use. Here are some common bets available.


This is the simplest and most straightforward type of bet you can place on the tournament. Simply try to predict which player will win the green jacket.

First Round Leader:

Try and figure out which player will be in the lead after the first round is complete.

Match Bets:

Don’t feel comfortable trying to figure out who will win the tournament altogether? If you believe that one player will outperform another, you can place a match bet. If you are right, you win, even if the player does not place well overall.

Top Amateur:

There is a strong tradition of amateur play at the Masters. For this reason, many sportsbooks also will allow you to wager on which amateur player will rank the highest, regardless of whether that player wins the tournament or not.

Prop Bets:

There are a whole range of prop bets available for the Masters. For example, you might bet that a particular golfer will make a hole-in-one on a particular hole. Or you might predict that the winner of the tournament will be a rookie. You also can wager on what country the winner will be from.

The more betting sites you join, the more types of bets will be available to you.

This also will give you a chance to look for the best odds on the Masters.

When is The Masters Scheduled for 2020?

The 2020 Masters are usually scheduled to take place in the early spring most years. This year, 2020 has been a roller-coaster for all of us and the Masters will be taking place in mid-November, (the 12th through the 15th). As always, the tournament will be held at Augusta National Golf Club.

In case you are wondering, it costs more than $4,000 on average to purchase tickets for all four days of the Masters. If all you want is a ticket to the practice session on Monday, you may be able to get a ticket for that for under $500.

For that reason, it makes a lot more sense for most golf fans to watch the tournament online or on TV, and to place bets online!

Where Can You Watch the Masters on TV?

CBS Sports Network and ESPN have the rights to broadcast the Masters this year on television and radio. You can view the schedule here. If you do not have a cable subscription, try using Sling TV plus CBS All Access.

A Brief History of The Masters

The Masters has been played for decades, and has always taken place in Augusta. It all began in the 1930s when amateur golf champion Bobby Jones teamed up with investment dealer named Clifford Roberts. Together, the two worked to create and administrate the Augusta National Golf Club (Alister MacKenzie worked with Jones on the course design).

The very first Masters tournament took place in 1934. That year, the victor was Horton Smith, who won $1,500. During that first match, the course was played in a different order. The holes which currently are played as the second nine were played as the first nine, and vice versa. The order was switched the next year, and has remained that way ever since.

While a number of changes have been made to the course over the decades, some traditions have remained intact for most of the tournament’s history. Most prominently, there is a green jacket which each champion dons upon winning. This tradition has been in place since 1949. There is also a famous Champions Dinner, which is always held on the Tuesday preceding each year’s tournament. This has taken place since 1952.

Since the early days of the Masters, the prize pool has grown considerably. The 2017 winner, Sergio Garcia, took home $1,980,000. The golfer with the most wins under his belt is Jack Nicklaus (six in all), followed by Tiger Woods and Arnold Palmer (who each have won four times).

The Format

Out of all of the Majors, the Masters is the one with the smallest field of players. The tournament is invitation-only, but anyone who wins is allowed to return to future events any time they wish. Other golfers who get invited are those who are in the top 50 in the international rankings, have won in any of the other Majors over the past five years, or were in the top 12 for the Masters last year. There are also additional US and international participants who have placed high in other tournaments over the past year.

In all, the Masters comprises four rounds played across an 18-hole course, for a total of 72 holes. They always takes place starting on Thursday and running through Sunday, with players contending in groups of three for the first couple of rounds. After this, only players who rank in the top 50 or who have scores within 10 strokes of that of the player currently leading are allowed to continue. Generally, a winner will emerge during the fourth round. If this does not happen, the winner is decided by sudden death.


In short, every year the Masters presents one of the most exciting betting opportunities in the world of golf. There is still time to plan your bets for this year’s tournament, so sign up on some of these recommended sites to take advantage of their excellent odds and promotions.

And finally, good luck wagering on the Masters 2020!

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