Jon Rahm Masters Odds & Picks: How to Bet the Defending Champion

The defending champion of Augusta National returns as the third name on the consensus oddsboard as we look at Jon Rahm's Masters odds from our best golf betting sites, with our top pick and how to bet the LIV Golf star.

Jon Rahm bounced back from an early double bogey to claim a four-stroke victory at the Masters in 2023. However, with his recent move to LIV Golf in January, he enters this week's first major of 2024 ranked No. 3 in the consensus Masters odds.

Although Rahm hasn't secured a win yet on the LIV circuit, golf enthusiasts can anticipate a strong performance from the two-time major champion as he returns to Augusta National Golf Course. Rahm has secured four other top-10 finishes in his last five appearances at ANGC, showcasing his familiarity and success on this prestigious stage.

He trails Masters favorites Scottie Scheffler and Rory McIlroy on the oddsboard while looking to be the first back-to-back Masters champion since Tiger Woods in 2001-02.

Masters odds: Jon Rahm

Rahm opened as the favorite to repeat as Masters champion in the immediate wake of his 2023 victory. His odds opened at +800 but had ticked up to +900 by the culmination of the Tour Championship without a victory in between.

Following Rahm's decision to join LIV Golf in early January, his odds lengthened even more, and he enters Round 1 of the Masters with a market-high of +1200 available via BetMGM after fading from the public spotlight.

See our Masters picks and Masters outright picks for our top predictions to win the first major of 2024.

Masters prop bets: Jon Rahm

Top finishes

Here's a look at Rahm's odds to finish in the top 5, 10, 20, 30, or 40 of the final Masters leaderboard from bet365, and the implied probability from our odds converter.

First-round leader

Here are the odds and implied probabilities for Rahm to be the 18-hole leader. This market will be paid out following the conclusion of the first round for everyone in the field, which may be Friday in the event of a weather delay.

Other Jon Rahm props

Here's a sample of the other Masters prop bets centered around the defending champion.

To make the cut

bet365 has Rahm as the second-most likely golfer to make the cut in the Masters, with odds of -1400 representing an implied win probability of 93.34%. The +700 odds for No represent a 12.50% probability and would return a profit of $70 on a winning  $10 bet.

Best Masters pick for Jon Rahm

Lowest tournament score - LIV golfers only

With Rahm now a member of LIV Golf, four of the top six finishers from the 2023 Masters leaderboard represent the rebel tour. Brooks Koepka followed his T-2 finish last year with a victory in the PGA Championship, but major success was mostly elusive across the final two majors of the year for those from LIV.

The odds in this market differ considerably across our best sports betting apps. Get the market-best odds from BetMGM

Best odds: +275 via BetMGM

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2024 Masters betting pages

• Masters odds
• 2024 Masters prop picks & odds
• 2024 Masters outright picks
• Masters long-shot picks
• Masters power rankings
• Masters odds & picks for Scottie Scheffler
• Tiger Woods Masters odds
• Masters picks
• Masters prop bets
• Masters projected cut odds
• Best Masters moments for every hole

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