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Scottie Scheffler Masters Odds & Picks 2024: How to Bet the World No. 1 & Consensus Favorite

Esten McLaren

Last Updated: April 10, 2024 10:57 AM EDT • 2 min 63 sec read.

Scottie Scheffler of the United States hits his shot from the second tee as we look at the Masters odds for Scottie Scheffler.
Scottie Scheffler of the United States hits his shot from the second tee during a practice round prior to the 2024 Masters Tournament at Augusta National Golf Club on April 09, 2024 in Augusta, Georgia. Photo by Maddie Meyer/Getty Images via AFP.

The 2024 Masters odds for Scottie Scheffler from our best golf betting sites are prohibitive against an outright bet, but there are still many more options for wagering on the World No. 1 and consensus favorite for the first major of the year.

Scottie Scheffler, the 2022 Masters champion and a two-time winner in 2024, is the heavy consensus favorite by the 2024 Masters odds. While odds as low as +375 are prohibitive for anyone - in any field - as a golf outright bet, there are still many, many ways in which one can get some action on the most popular of this week's Masters outright picks.

After all, Scheffler still ranks No. 1 in our Masters power rankings, and it would be ill-advised to not have at least a small rooting interest in the best golfer on the planet come Sunday afternoon. 

Let's look at the best ways to bet on Scheffler during the 2024 Masters ahead of his 10:42 a.m. ET Round 1 tee time alongside Rory McIlroy and Xander Schauffele.

Scheffler's odds to win the Masters

DraftKingsFanDuelBetMGMCaesarsbet365
Odds+450+450+400+375+400
Implied probability18.18%18.18%20.00%21.05%20.00%

Scheffler's Masters odds dipped as low as +350 on Monday, but they've bounced back a little bit across the board. His odds were around +1600 prior to his 2022 victory, and he opened at +900 for the 2024 Masters last April. A $10 bet at even the market-high odds of +450 would return a profit of just $45.

Any value we might have seen in these odds was dashed when Scheffler ended a nearly year-long winless drought on the PGA Tour with back-to-back victories in the Arnold Palmer Invitational and The Players Championship.

Several of our best sports betting sites are even posting a "winner without Scottie Scheffler" market as a means for bettors to avoid the heavy favorite with an implied win probability of roughly 20%. 

BetMGM has a Scottie Scheffler vs. rest of field market. Scheffler is +400, while the other 88 members of the Masters field are a collective -700.

Top finishes

Here's a look at Scheffler's odds to finish in the top five, 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
+105-188-450-850-1400
48.78%65.28%81.82%89.48%93.34%

DraftKings' +110 odds for Scheffler to finish in the top five are the best across our best sports betting apps.

First-round leader

Here are the odds and implied probabilities for Scheffler 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+1200+1400+900+1200+1100
Implied probality7.69%6.67%10.00%7.69%6.67%

Other Scottie Scheffler Masters props

Here's a sample of the other Masters prop bets centered around the World No. 1.

MarketOdds (DraftKings)
Top American+260
Top former winner+140
Wire-to-wire winner+2800
To lead after Round 1 and win+2000
To be in the final group of Round 4+250

Will Scottie Scheffler make the cut in the Masters?

bet365 has Scheffler's Masters projected cut odds at -3300 for Yes and +1000 for No. The -3300 odds infer a 97.06% probability that Scheffler will make the cut at the Masters.

Scheffler hasn't missed the cut in any of his four career appearances at Augusta National Golf Course to date.

Sbr Lobby Augusta

Best Masters pick for Scottie Scheffler

Leader after Round 1 and win

Though there's no denying Scheffler's status as the rightful consensus favorite to win the 2024 Masters, our best sportsbooks refuse to offer proper value due to the significant liability he's drawing even at these prohibitive odds.

As such, the best method is likely to wait and see what our best live betting sites offer in the unlikely event the former Masters champ gets off to a rough start, just like 2023 champion Jon Rahm did with a double bogey on his opening hole last year.

So, the best way to sprinkle on Scheffler's presumed success in the 2024 Masters is to target a long-shot ticket at a reduced investment. Just a $5 bet at the +2000 odds for Scheffler to lead after Round 1 and win would return a profit of $100. I prefer this bet over the wire-to-wire winner due to the elite field and the increased likelihood for lead changes at Augusta National.

Best odds: +2000 via DraftKings

2024 Masters betting pages

Here are our best golf betting sites:

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* Bonuses not applicable in Ontario.

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Written By:
Esten McLaren
Esten is the Senior Publishing Editor for SportsbookReview.com. He previously spent time as the Managing Editor of SportsbookWire.com, and he has done freelance work in sports betting for TheLines, PlayPicks, and BettingPros. He's well versed in the NFL, NHL, MLB, and NBA, but his true passion is with the PGA Tour. Esten's always happy to chase a long shot and will never shy away from a futures bet, but he'll never stop backing Rory McIlroy in majors. He's also a recovering Ottawa Senators and Atlanta Falcons fan. Always bet against the Toronto Maple Leafs at plus money.