2024 Masters Betting Odds: Jon Rahm is still the favourite

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Who will take the 2024 Masters Green Jacket? Some thoughts here.
Posted on
December 20, 2023
Andy Newmarch in
Estimated reading time: 5 minutes

As the weather gets colder, the daydreams of Augusta National in April grow stronger across golf fans and punters. Many golfers will be itching to test out the new clubs purchased in the winter holiday season and are also waiting to watch Scottie, Jon, Rory and the rest of them navigate Amen Corner with a two-stroke lead on Sunday! For those golf fanatics and punters in general, we’ll look at the current odds for the 2024 Masters, along with some names of players that should be monitored heading into the event.

Masters 2024 Betting
9th Green Anfi Tauro, Gran Canaria - image from Andy Newmarch


2024 Masters Betting Odds


Player DraftKings FanDuel Bet365 UniBet
Jon Rahm +750 +750 +750 +750
Scottie Scheffler +800 +850 +900 +900
Rory McIlroy +900 +850 +900 +900
Jordan Speith +1600 +1500 +1600 +1600
Viktor Hovland +1400 +1700 +1200 +1200
Brooks Koepka +1600 +1700 +1400 +1800
Patrick Cantlay +2000 +1900 +1800 +2000
Cameron Smith +2200 +2100 +1800 +2200
Collin Morikawa +2200 +2100 +2500 +2000
Xander Schauffele +2200 +2800 +2200 +2000

*odds as of December 18, 2023


Leaders in the Clubhouse

Jon Rahm: The Spaniard wore the infamous green jacket for the first time in 2023, but he will enter the 2024 Masters as a member of LIV instead of the PGA. Rahm signed an astronomical deal with LIV during the off-season, so fans won’t see much of him prior to April when he looks to defend his crown. Regardless of who he is affiliated with, Rahm has proven to be comfortable playing in Augusta, with four top-ten finishes to go along with his outright win last year.

Scottie Scheffler: After winning the event in 2022, Scheffler could not defend his title last year, as he managed a T10 finish. Hitting greens in regulation is a massive factor in being competitive at Augusta, and Scheffler led the PGA Tour in GIR for the 2022-23 season, so it shouldn’t surprise anyone to see his odds where they are.

Rory McIlroy: You never know what you’ll get when Rory shows up to the Masters. In 2022, he would leave with a second-place finish after shooting a 64 in the final round, but last year, he missed the halfway cut. Despite his up-and-down success in the event, one of the biggest things that makes McIlroy so appealing is his ability to crush par 5s, as he finished the 2022-23 season ranked 23rd in the PGA in Par 5 scoring average.

Jordan Speith: Outside of two down years by his standards in 2020 and 2022, Speith has been a constant name at the top of the leaderboard for this event. In his debut in the event, he finished T2, and after finishing T4 last year, he has now finished T5 or better in five of the ten times he’s played in the Masters. Despite winning no events in 2022-23, Speith’s experience always makes him a tough name to ignore.


The Sleepers

Ludvig Aberg: Right now, on most NJ Sportsbook apps, Aberg is listed at (+4000) to win the Masters, and while he would have to be the first debutant to win the event since 1979, he’s still a name to watch at least for the Top Debutant betting market. In his first year on the PGA Tour, Aberg put on a show with four top-ten finishes while also dazzling in the Ryder Cup. After finishing 2nd in strokes gained off the tee for the 2022-23 campaign, the Swede could be a popular name by the time April rolls around.

Sahith Theegala: Even at 26 years old, Theegala has already shown impressive poise in big moments. The Pepperdine alumni was a name a lot of people were excited about heading into last year's event, and he lived up to the hype by shooting a 67 in his fourth round and finishing 9th. After that finish, he is currently (+8000) to win the event in 2024.

Close to the pin is where Theegala has proven to be the most dangerous, as he finished last season ranked 22nd in strokes gained around-the-green and 17th in strokes gained for putting, which bodes well at a course like Augusta National.


The Why Not Section

If we learned anything from last year’s event, there can always be an unexpected name hanging around at the top of the leaderboard. Sam Bennett was the latest example, as he finished T16 despite still being in college at the time. As a reminder, these are not picks for the event but more just names worth keeping in the back of your mind.

 Si Woo Kim: Coming off a T29 finish last year, Kim is currently (+15000) to win the event on BetRivers. His finish at the Masters may not blow anyone away, but he had a strong 2022-23 season with five top-ten finishes and a T20 finish in the FedEx Cup. With good driver accuracy and an ability to perform well out of the sand or bunkers, Kim could be looking at an even better finish this year.

18th Green Hacienda del Alamo, Spain - image from Andy Newmarch
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About Andy Newmarch

Being one of the original owners of the ‘Top 100 Golf Courses’ website enabled Andy to travel far and wide playing and rating courses, with the numbers somewhere around 1200 courses in 40 countries. Although now away from the day-to-day grind of course ranking, having a keen eye on course developments is still high on the agenda. Currently hanging on to a handicap index of 9.9 he is probably as competitive on the course than ever but more often than not will compliment this by relaxing at the 19th hole to make up for the hard work!

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