2025 Masters Odds: Scheffler Opens as Heavy Favorite

The 2025 Masters odds are already available at our best golf betting sites, and Scottie Scheffler is the heavy betting favorite.

Scottie Scheffler won his second green jacket in just three years when he won the 2024 Masters by a four-stroke margin over rookie sensation Ludvig Aberg on Sunday.

Scheffler opened as the heavy favorite by the 2025 Masters odds. His +500 odds represent an implied win probability of 16.67% a year out from the event.

Scheffler, the No. 1 golfer in the Official World Golf Ranking (OWGR), holds PGA Championship odds as short as +400 (representing an implied win probability of 20.00%).

Read on as we look ahead to the 2025 Masters odds (odds via our best sports betting sites).

Masters odds 2025

Odds as of April 15.

2025 Masters favorite

Scottie Scheffler (+500 via bet365)

Scheffler closed with odds as high as +500 and as low as +375 for the 2024 Masters. He's opening with odds at the high end of that scale for the 2025 tournament, with the event a year away.

There's no rush to bet this opening ticket. Wait for more of our best sports betting apps to post odds for a price-shopping opportunity. Even with Scheffler in control of the OWGR, it's unlikely his 2025 Masters odds close significantly shorter than this. Bettors are safe to wait for a better sense of his form near the end of this calendar year.

Tiger Woods Masters odds

+15000 via BetMGM

Tiger set the record for consecutive cuts made in the Masters at 24 during the 2024 tournament. The physical pain he was in was readily apparent to viewers over the weekend, however, and back-to-back rounds of 82 and 77 confirmed what we were seeing.

There's no reason to be Tiger to win the event outright, especially a year away.

Masters info

• When: Thursday, April 10 - Sunday, April 13 (unconfirmed)
• Where: Augusta National Golf Club, Augusta, GA
• Defending champion: Scottie Scheffler
• How to watch: ESPN, CBS, Masters.com
• Favorite: Scottie Scheffler (+500 via bet365)

2025 Masters opening odds

Below, we look at the opening Masters odds for 2025 from bet365.

Recent Masters winners & odds

Masters FAQs

Who is favored to win the Masters?

Scottie Scheffler opened with +500 odds to win the 2025 Masters. Those odds represent an implied win probability of 16.67%.

Who won last year's Masters?

Scottie Scheffler won the 2024 Masters by four strokes over Ludvig Aberg. That was Scheffler's second Masters win in three years.

When is the 2025 Masters?

The date of the 2025 Masters won't be confirmed until the PGA Tour schedule is released later this year, but we're expecting it to be played from Thursday, April 10 through Sunday, April 13. The tournament is customarily played over the second weekend in April.

Where is the 2025 Masters?

The Masters is held every year at Augusta National Golf Club in Augusta, GA.

How can you watch the Masters?

Television coverage of the Masters is split between ESPN and CBS. The tournament can be streamed on Masters.com.

More major championship odds

Odds via bet365 as of April 14.

How to bet on golf

Betting on golf involves understanding the various types of bets available and how to assess player performance. First, familiarize yourself with the different types of bets commonly offered in golf, including outright winner bets, each-way bets (which cover both a win and a top finish), head-to-head matchups between two players, and proposition bets on specific events within a tournament, such as hole-in-one occurrences or individual player performances on certain holes.

Once you've identified the types of bets you're interested in, research the players, course conditions, recent form, and other relevant factors that could influence outcomes. Pay attention to factors like player statistics, recent tournament performances, course history, and any injuries or changes in form that may affect a player's performance.

How to read golf odds

Here's how to read golf betting odds using American odds format:

• Positive odds: Positive odds indicate the potential profit on a $100 wager. For example, if a golfer has odds of +300, it means that a $100 bet would yield a profit of $300 if the golfer wins the tournament. So, your total payout would be $400 ($300 profit + $100 original stake).
• Negative odds: Negative odds represent the amount you need to wager to win $100 in profit. For instance, if a golfer has odds of -200, it means that you would need to bet $200 to win $100 in profit if the golfer wins. Your total payout would be $300 ($100 profit + $200 original stake). In a tournament like the Masters, it's unlikely to see negative odds on any golfer until late in Sunday's final round while using our best live betting sites.

Understanding these American odds allows you to quickly assess the potential payout and implied probability of a golfer winning a tournament. Positive odds indicate an underdog, while negative odds signify a favorite.

Odds will move leading up to a tournament's start and throughout the event. Live odds will be reflective of the current leaderboard, golfer performance, and the position of the pre-tournament favorites. The odds also factor in the popularity of certain golfers, and how much money the sportsbooks have taken on those golfers to win the tournament.

Golf betting odds pages

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Related pages

• Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)