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Jon Rahm of Spain plays his shot from the 12th tee during a practice round as we look at Jon Rahm's Masters odds and our top pick
Jon Rahm of Spain plays his shot from the 12th tee during a practice round prior to the 2024 Masters. Photo by Andrew Redington/Getty Images via AFP.

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

DraftKingsFanDuelBetMGMCaesarsbet365
Odds+1100+1100+1200+1100+1000
Implied probability8.33%8.33%7.69%8.33%9.09%

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.

Top 5Top 10Top 20Top 30Top 40
+250+125-190-350-650
28.57%44.44%65.52%77.78%86.67%

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.

DraftKingsFanDuelBetMGMCaesarsbet365
Odds+1800+2200+1800+2000+1800
Implied probality7.69%6.67%10.00%7.69%6.67%

Other Jon Rahm props

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

MarketOdds (DraftKings)
Top European+330
Top former winner+360
Wire-to-wire winner+7000
To lead after Round 1 and win+5500
To be in the final group of Round 4+700

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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