Masters Odds & Updated Betting Lines: Scheffler Still Tops, Rory Close Behind in 2026

With the 2026 PGA Tour season well underway, attention will soon turn back to the Masters at Augusta National after Rory McIlroy shook the monkey off his back to win in 2025.

Those new Masters odds have already hit the board. Let’s take a look at where the best players in the world sit in early February.

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2026 Masters odds

2026 Masters favorites

Scottie Scheffler (+300)

Even though he didn’t defend his 2024 title, this is hard to argue considering Scottie Scheffler’s track record at Augusta National. His fourth-place finish in 2025 marked his fourth consecutive Top-10 Masters finish. In six appearances, he’s never finished outside the Top 20.

The World No. 1-ranked golfer won six times on the PGA Tour in 2025. Unless his form tumbles off a cliff, Scottie is understandably the top option, regardless of who won in 2025.

Rory McIlroy (+650)

But what have you done for me lately? Jokes aside, Rory McIlroy must feel like a weight has been lifted. He very nearly coughed up his Green Jacket, needing a playoff to defeat a resurgent Justin Rose — a great story in his own right — to finally complete the career Grand Slam.

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Rory’s recent track record at Augusta has been spotty, with two missed cuts and a T22 to go alongside three Top-5 finishes (including this year’s win) since 2020. Nevertheless, you can’t count him out because he’s been a consistent force for 15+ years and no longer has to maneuver the pressure of his 11-year drought.

Masters field

The field at the Masters is selected to include a mix of past champions, top-ranked players, rising stars, and special invitees. Here is some of the criteria considered:

Past champions: Golfers who have won the Masters in previous years are automatically invited to participate for the rest of their careers.

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Current champions: Winners of other major championships (such as the U.S. Open, The Open Championship, and the PGA Championship) from the past year are invited to compete.

PGA Tour winners: Golfers who have won PGA Tour events leading up to the Masters, typically over the past year, may also receive invitations.

Amateur champions: Winners of certain top amateur tournaments, such as the U.S. Amateur Championship, are often invited to play.

World Golf Rankings: The top players in the Official World Golf Ranking (OWGR) and other recognized world rankings usually receive invitations.

Special invitations: The Masters committee has the discretion to extend special invitations to golfers who may not meet the above criteria but have demonstrated exceptional talent or accomplishments in the past.

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Qualifying tournaments: There are opportunities for golfers to qualify for the Masters through special tournaments and qualifiers, such as the U.S. Open or other international events.

Masters recent winners and odds history

The Masters has had its fair share of longshot winners over the years. Zach Johnson (2007), Trevor Immelman (2008), and Angel Cabrera (2009) all had odds of +12,500 or longer before pulling off impressive triumphs at Augusta National. It’s worth noting that Cabrera was the only one of the three to crack the Top 10 again, finishing seventh in 2011 and second in 2013. Let’s take a look at some recent Masters champions and their closing odds to win:

Odds courtesy of GolfOdds.

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Masters betting trends

• Augusta National experience: Nine of the last 11 Masters winners played in 3+ Masters before their win. Eight of the last 11 winners had previously logged a Top-5 finish at the Masters.

• Best of the best: The last 11 Masters winners ranked inside the World Top 25.

• Great form: Eight of the last 11 Masters winners logged a recent tournament win (previous seven events).

• Ball-striking prowess: The last four Masters winners ranked seventh or better in the field in greens-in-regulation percentage (GIR%).

• Taking advantage: The last five Masters winners ranked 13th or better in Par-5 scoring the year of their victory.

Only two pre-tournament betting favorites or co-favorites have won the Masters since Tiger Woods won in 2005 as a +350 favorite. Charl Schwartzel was the biggest longshot to win when he surprised the golfing world back in 2011. Most recent winners fall in the +1,000 to +3,000 range.

There also hasn’t been a repeat champion at the Masters since Tiger Woods won back-to-back tournaments in 2001 and 2002. Only four golfers since 2000 have won the event twice in three years: Woods, Bubba Watson (2012, 2014), Phil Mickelson (2004, 2006), and Scottie Scheffler (2022, 2024).

Another trend worth noting is the age of recent Masters winners: Before Woods won in 2019 at age 43, the previous 13 winners had all been under the age of 40 at the time of victory. Dustin Johnson (36), Hideki Matsuyama (29), Scottie Scheffler (25, 27), and Jon Rahm (28) have continued that trend over the last five years.

Masters betting tools

How to bet on golf

The Masters is the most bet golf event of the year, so naturally, there are many who will be placing their first golf bets on the tournament. If that happens to be you, we’ve got you covered with our beginner’s guide to how to bet on golf.

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The most popular way to bet on golf is by simply picking the winner, which is referred to as an outright. There are plenty of other ways to wager, however, including top finishers, head-to-head matchups, and plenty of props.

More major championship odds

Odds courtesy of Fanatics.

This article originally appeared on Covers.com, read the full article here