The 2025 Masters is set to begin in Augusta, Georgia, on Thursday, and defending champion Scottie Scheffler is once again the favorite to win the first major of the year at +450 odds at BetMGM.
Scheffler won last year’s Masters at +800 by four shots over Ludvig Aberg in a dominating performance. It was Scheffler’s second green jacket after he won at Augusta back in 2022.
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Rory McIlroy (+650) has the second-best odds at BetMGM, and has seen his odds nearly halved from opening at 12-1 last year. McIlroy has the most wagers (10.6%) and total dollars wagered (14.8%) of any golfer at BetMGM, while Scheffler is second in both categories. Bryson DeChambeau (16-1) represents the current biggest liability for BetMGM.
The Masters is the most-bet golf event of the year, both because of popularity and sportsbooks keeping futures odds open basically year round. One oddsmaker told me the tournament usually does double the handle of any other golf major.
“Rory is the leader in both ticket count and handle here,” Thomas Gable, BetMGM sportsbook director at The Borgata in Atlantic City, told Yahoo Sports. “Scheffler has been in the 4-1 or 5-1 range and has taken quite a bit of money, but at that price we’re OK on him winning for now.”
The story was similar out in Las Vegas, where vice president of risk at SuperBook Sports Jeff Sherman told Yahoo Sports that McIlroy was No. 1 in tickets, followed by Aberg and DeChambeau.
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“Our liabilities with competitive golfers lie with Scheffler and Collin Morikawa,” Sherman said. “We always have liability on Jordan Spieth as well for The Masters, but he hasn’t been able to put four solid rounds together.”
After Scheffler and McIlroy, Morikawa (14-1), DeChambeau (16-1), Jon Rahm (16-1), Aberg (20-1), Xander Schauffele (22-1), Justin Thomas (22-1) and Brooks Koepka (30-1) have the best odds to win the tournament.
Morikawa has been a pretty popular play, Gable noted, while adding that Tom Kim at 90-1 represented the sportsbook’s biggest liability.
Tiger Woods will miss the tournament after rupturing his left Achilles a few weeks ago and undergoing surgery to repair it. Phil Mickelson, a three-time Masters champion, has 80-1 odds.
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Woods will likely cause a decrease in overall handle for the 2025 Masters, as some casual bettors won’t place wagers on him and won’t redistribute that money into the overall Masters betting pool.
“For us, Tiger is always a big deal,” Sherman said. “If he was playing, our most popular prop year in and year out is his cut prop. We’ve had some years where his cut prop has written as much as a lower-tier NFL game.”
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