Best Masters Odds Boosts: Sportsbook Promos for Golf's First Major of 2023

With Scottie Scheffler, Rory McIlroy, and Jon Rahm entering the 2023 Masters in top form and as heavy favorites for the Green Jacket, bettors will need to be on the hunt for value this week. Sportsbook Review is here to help as we've tracked down the best Masters odds boosts.

It's one of the most special weeks of the year.

All of the top golfers are at Augusta National Golf Course this week for the 2023 Masters. The first major of the calendar year annually kick starts the PGA Tour season for the casual audience. While Scheffler and Rahm have been dominating the year to date, each with multiple wins, McIlroy is lurking right between them at No. 2 in the Official World Golf Ranking (OWGR) and is one of our Masters best bets.

For value on these top three favorites and the rest of the field, including Tiger Woods, we're rounding up the best Masters odds boosts from our best sportsbooks. Use these enhanced Masters odds for extra profit potential on your Masters picks and predictions.

Best Masters odds boosts

All of the top sports betting sites are offering promotions and odds boosts leading up to the 2023 Masters. While some of those aren't as valuable as advertised, many still offer a nice boost to the golfers bettors will want to back this week.

Let's try to decipher the good from the bad.

Masters odds boosts: DraftKings

DraftKings offers a weekly odds surge for outright golf bettors. While that number is usually around +250, they've increased the boost with the added eyes on the Masters.

While there's no question that this boost adds value to outright wagers, it's important to use it strategically. Be sure to add the boost to a golfer who's not already available at a higher price via another sportsbook. It's also wise to use the boost on one of the Masters favorites rather than opting to inflate the value of a long shot.

The Tiger Woods Masters odds boost is also a clear value play. DraftKings has him at +230 for a top-20 finish and the boost takes that up to +276. It's just important to remember that Tiger's odds are already deflated in anticipation of him being an extremely popular bet this week, so we'll never get proper value in this market even with the boost. Still, the +230 odds for a top-20 finish by Tiger are already the best in the market, so the +276 becomes a great deal when price shopping.

The third boost is surprisingly good for a pre-fab to make the cut parlay. The true parlay odds, according to Sportsbook Review's parlay calculator, are -133, so we're getting a 14% boost in value. This is playable for those who believe in Koepka off his LIV Golf Orlando victory.

Masters odds boosts: FanDuel

This make the cut parlay has true odds -103 via FanDuel so their +100 offering was already an adequate boost in value. The +150 makes this a very strong boost for three golfers I consider likely to play the weekend.

This second boost isn't nearly as good. Bettors can back Tiger via Neil Parker's Tiger Woods Masters picks to make Over 3.5 birdies in Round 1 at +105 odds with DraftKings. 

Check out DraftKings' Masters promo code and FanDuel's Masters promo code

Masters odds boosts: BetMGM

This promo comes with the caveat of needing to place the $20 wager on something with a minimum of -200 odds. It's best to get as close as possible to that number in an attempt to play it safe and increase your chances of cashing the $20 bet and then also receiving the $10 freebie.

Masters odds boosts: Caesars

Bettors are better off placing a wager on each of Morikawa (+2500), Thomas (+2000), and Hovland (+3500) than taking all three at reduced odds of +850 to win the Masters. By placing a one-unit outright bet on each golfer, bettors would bring in a minimum net return of +1800 (18 units) if Thomas were to win, rather than the 8.5 available via this "boost."

The Scott and Reed boost is the best value being offered by Caesars. Scott and Reed have odds of +220 and +190, respectively, to record a top-20 finish. That should add up to +828 when pairing them together. However, from a golf perspective, I can't get behind this bet as the two former Masters champs both finished well outside the top 20 last year.

The Conners and Svensson boost is similar. It's a value by the math with true parlay odds of +1150. I'm just not comfortable backing Svensson to record a top-20 finish in his first appearance at the Masters five months removed from his first and only PGA Tour win.

Likewise for the LIV special with the trio of Johnson, Koepka, and DeChambeau. While they have true parlay odds of +1790 versus the boosted price of +2000, bettors need to note that they've combined for four missed cuts and one top-20 finish in the last two editions of the Masters.

If it wasn't for DraftKings boosting Tiger's top-20 odds, this Caesars boost would be acceptable. The best straight price in the market is +230 (via DraftKings, PointsBet, and Caesars). However, it's well worth the time to sign up for DraftKings to get the +276 odds for a top-20 finish for Tiger.

While Caesars is offering +2200 outright odds for Finau to win the Masters, the +2500 boost matches the straight price already available via BetMGM.

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Here are our best sportsbooks:

• FanDuel: No Sweat First Bet Up to $1,000 | Read our FanDuel Review
• Caesars: Earn Up to a $1,250 Bet Credit | Read our Caesars Review
• DraftKings: Bet $5, Get $150 in Bonus Bets | Read our DraftKings Review
• PointsBet: Earn Five Second-Chance Bets Up to $50 Each | Read our PointsBet Review
• BetMGM: Get a Bonus Bet of Up to $1,000 | Read our BetMGM Review

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* Bonuses not applicable in Ontario.

Related pages

• Best Online Sportsbooks | Best Sportsbook Promos (U.S. only)