The Masters’ Tournament, also known as The Masters, is held annually at Augusta National Golf Club in Augusta, Georgia, USA. The tournament first took place in 1934 and has since become one of the most prestigious and highly anticipated events in golf. Tiger Woods and Jack Nicklaus are just a couple of the many famous players to have taken part in and dominated this competition.

The tournament is a 72-hole stroke play event in early April each year. This year, it will start on April 6, and many seasoned and new sports betting fans look for valuable information online to kickstart their 2023 Masters wagering experience.

Let’s check out some popular golf betting markets and explore other helpful betting information on the popular tournament.

What Are the Betting Markets?

Choosing the best betting market for you might be challenging if you’re unfamiliar with how they work. So, let’s explore some terms regarding golf betting:

  • Outright winner — This is the most popular and straightforward betting market in golf. Bettors simply place a bet on which golfer they think will win.
  • Top 5/10/20 finish — Bettors can wager on whether a golfer will finish in the top 5, top 10, or top 20 of the tournament. This market provides more flexibility than the outright winner market, allowing bettors to profit even if their chosen golfer doesn’t win the event outright.
  • Head-to-head matchups — Two golfers are paired against each other, and bettors wager on which one will have the better finish in the tournament.
  • 3-ball betting — In this market, three golfers are matched, and bettors wager on which one will score best in the group.
  • Prop bets — Prop bets are wagers on specific events or occurrences within a tournament. For example, prop bets may include whether a golfer will hit a hole-in-one, whether a particular golfer will finish as the top American or European, or how many strokes a golfer will win by.

Who Are the Current Favorites?

Daily Mail reported Tiger Woods likely won’t play at the upcoming Masters, but that doesn’t mean the tournament will be devoid of talented golfers. On the contrary, golf bettors have plenty to look forward to based on the current list of players who will participate in the tournament.

Golf is a popular sport among punters. If you’re one of them, you’ll have plenty of opportunities to bet on Masters 2023, as many international bookmakers offer competitive odds on this competition. Even if you’re not into sports betting, you can still enjoy other gaming options, such as those featured at casinos by BookiesNotOnGamstop.

However, if you want to bet, it’s essential to carefully analyze the participants of the upcoming tournament and use your golf knowledge wisely.

Let’s check out a few of the most likely candidates to win the 2023 Masters.

Jon Rham

Jon Rahm is a Spanish professional golfer. He was born on November 10, 1994, and became a professional in 2016. Rahm played college golf at Arizona State University and has had a booming career, with multiple wins on the PGA Tour and European Tour. He is known for his mighty swing and ability to hit the ball long distances.

He placed fourth at the Masters’ Tournament in 2018, and the current odds for him winning Masters 2023 are at 7.50. In other words, if you prefer outright markets for betting on golf, the chances are you’ll see Rham at the top of the list for winning the upcoming competition.

Rory McIlroy

Rory McIlroy is a Northern Irish professional golfer. He was born on May 4, 1989, and turned professional in 2007.

McIlroy has been ranked as the world’s number-one golfer multiple times and has won numerous major championships, including the U.S. Open, the Open Championship, and the PGA Championship. He is known for his consistency on the course and his ability to hit the ball long distances.

McIlroy finished second at the 2022 Masters, meaning he’s one of the favourites to win, with odds at about 8.50.

Scottie Scheffler

Scottie Scheffler is an American professional golfer. He was born on June 21, 1996, and turned professional in 2018.

Scheffler played college golf at the University of Texas and has had a successful professional career, with multiple top-10 finishes on the PGA Tour. He is known for his strong all-around game and ability to stay calm under pressure.

Scottie won Masters 2022 and is favored by many to repeat this success. Bookies give him odds of around 12.00.

Cameron Smith

Cameron Smith is an Australian professional golfer. He was born on August 18, 1993, and turned professional in 2013. Smith has won several PGA and European tournaments and has represented Australia in multiple international competitions, including the Presidents Cup.

He is known for his consistency on the course and his ability to make clutch putts when it matters most.

The odds for Smith winning Masters 2023 are at 17.00.

What Does the Course Look like?

As seen on the official Masters’ website, the course has 18 holes and is a par-72, measuring 7,475 yards from the back tees. It has a traditional design, with tree-lined fairways, deep bunkers, and undulating greens.

The most popular section of the course is the so-called Amen Corner. It is a famous three-hole stretch on the back nine known for its beauty and difficulty. It includes holes 11, 12, and 13, which require precision and accuracy to avoid water hazards and tricky bunkers.

Holes 13 and 16 are the most popular. Upon reaching the 13th hole, golfers must aim their shot over Rae’s Creek, meaning precision plays an essential role. The 16th hole features a large, sloping green, and some of the most dramatic moments of the Masters take place here.

The winner of the Masters’ Tournament is awarded the coveted green jacket, which has become a symbol of prestige and success in the golfing world. The previous year’s champion presents the jacket to the winner in a ceremony held on Sunday evening after the tournament.

Is the 2023 Masters Worth Betting On?

Betting on golf is always exciting, especially if you’re an avid fan or — even better — a player. The Masters is one of the four most popular competitions in golf, attracting viewers and players from around the globe, meaning the competition is almost always stiff, making wagering on it more challenging but thrilling.

If you’re new to golf betting, you can always start by placing small wagers on the simplest markets, such as outright winners. However, if you’re an experienced punter, exploring other betting options besides outrights is always a good idea.

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