The Best Masters Betting Sites

In April the biggest event in professional golf returns, with all of the world’s top players descending on Augusta National Golf Club in Georgia for The Masters. With sports betting widely available across the United States, there are plenty of online sportsbooks to consider when making your bets on Golf’s most watched tournament.

Our article will break down the best Masters betting sites, which will include the current welcome bonus available at each one, how we rate the best Masters betting sites, and of course our picks for the best online betting site for The Masters when it comes to odds, markets, bonuses and overall experience.

Top Betting Sites for The Masters

The following table will provide you with the best Masters betting sites and the promo code available for each one. This will also include our rating for each of The Masters betting sites out of five.

Sportsbook	Welcome Offer + Code	Our Rating
Caesars	Bet $1, Get $150 in Bonus Bets If You Win	5/5
Bet365	Bet $5 and Get $150 in Bonus Bets Win or Lose	4.9/5
BetMGM	Bet $10, Get $150 If You Win	4.8/5
DraftKings	Bet $5, Get $150 in Bonus Bets Instantly	4.7/5
FanDuel	Bet $5, Get $250 in Bonus Bets if Your Bet Wins	4.7/5

The Masters Best Betting Sites

To further explain The Masters sportsbooks, below will provide you with a more detailed description of each one. This will include reasons to use each one and an overview of the welcome bonuses available at each of The Masters betting sites. 

Caesars is recommended for betting on The Masters because of the rewards program they offer to all of their customers. This program allows you to earn exclusive benefits, such as free hotel stays, Casino free play, dining credit, and shopping credit. Betting on The Masters with Caesars can contribute to your rewards so you can earn exceptional benefits tailored to golf enthusiasts. Caesars also has specialized golf betting markets such as round scores and par 3/4/5 winner in each group, these markets and all of Caesars Masters markets have competitive odds. The new-user bonus currently offered by Caesars also has a low first wager requirement and a high value of bonus bets on offer, making it easy to get started with betting on The Masters.

Caesars Welcome Offer

New users registering an account with Caesars can get $150 in bonus bets. Place a first bet of just $1 and if it wins you'll get your bonus bets.

Why Bet on The Masters With Caesars

• Best rewards program amongst all the top sportsbooks
• Specialized Golf markets for The Masters
• Easily accessible welcome bonus

What States is Caesars Available in?

• Arizona
• Colorado
• Iowa
• Illinois
• Indiana
• Louisiana
• Kansas
• Kentucky
• Massachusetts
• Maryland
• Michigan
• New Jersey
• New York
• Ohio
• Tennessee
• Virginia
• West Virginia
• Wyoming

Bet365 is another top sportsbook we recommend for betting on The Masters because of the ‘super boosts’ they offer during the tournament that significantly enhance odds on selected markets, meaning you can get much better returns on successful wagers throughout The Masters. The bet365 welcome offer also gives you a lot of bonus bets to use on The Masters and doesn’t require your first bet to win to receive the bonus.

Bet365 Welcome Offer

New Bet365 customers can claim $150 in bonus bets from just a $5 first bet. Place a first bet of $5 or more and regardless of whether it wins or loses you get $100 in bonus bets.

Why Bet on The Masters With Bet365

• Excellent odds ‘super boosts’ throughout the tournament
• Live Streaming Options
• Frequent Existing Customer Promotions

What States is Bet365 Available in? 

• Arizona
• Colorado
• Iowa
• Indiana
• Kentucky
• Louisiana
• New Jersey
• Ohio
• Virginia

We would recommend using BetMGM for your Masters bets because of their live betting. These markets update by the second, so you can place your bets according to how each round of Golf is going, or if you want to bet on a specific player at any point in their round, BetMGM’s Masters live betting even has hole-by-hole so you can bet on certain outcomes on famous holes such as Amen Corner just moments before it happens. Other unique Masters markets such as leaderboards for specific nationalities and a wide range of prop bets make BetMGM a standout sportsbook for both new and experienced Golf bettors for Golf’s biggest tournament.

BetMGM Welcome Offer

Register a new BetMGM account and place a first bet of at least $10 and if it wins you receive $150 in bonus bets on top of the winnings from your first bet.

Why Bet on The Masters With BetMGM

• Extensive Live Betting
• Unique betting markets for the Masters
• Competitive odds

What States is BetMGM Available in?

• Arizona
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Ohio
• Virginia
• West Virginia
• Wyoming

DraftKings also offers an excellent betting experience for the Masters, thanks to its comprehensive range of markets that give bettors the chance to wager on hole-by-hole scoring and three-way matchups for groupings. DraftKings’ finishing position market stands out amongst our top Masters betting sites due to their ties included feature, meaning your successful bets pay out at full odds regardless of how many players are tied for that position. The seamless integration of DraftKings’ excellent DFS app also gives DFS players a great experience and additional insight on the important factors for The Masters, such as Par 5 scoring and long-iron play.

DraftKings Welcome Offer

New members who sign up for an account with DraftKings Sportsbook can claim $150 in bonus bets from just a $5 first bet, no matter the result of that first wager. You don't even need a DK promo code. After signing up and depositing $5+, you can wager $5 or more on any betting market without worrying if you win or lose, because you'll automatically earn six $25 bet credits from DK either way.

Why Bet on The Masters With DraftKings

• Finishing position (ties included) market
• Expert insights
• Daily Fantasy Sports integration

What States is DraftKings Available in?

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Louisiana
• Maine
• Massachusetts
• Michigan
• New Hampshire
• New Jersey
• New York
• North Carolina
• Oregon
• Pennsylvania
• Tennessee
• Virginia
• Vermont
• West Virginia
• Wyoming

FanDuel is another great sportsbook option for betting on The Masters, just like the others we’ve highlighted FanDuel has an extensive range of markets covering outright winner, finishing positions, head-to-head matchups and more. FanDuel also offers expert guides to the key betting trends to consider for your Masters wagers, which are all easily placed thanks to their excellent user experience that gives you live odds updates and parlay bets at your fingertips. FanDuel’s profit boosts throughout the tournament are also not to be missed, giving you the chance to boost your winnings on successful bets.

FanDuel Welcome Offer

To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager on any FanDuel Sportsbook market (no odds limits) that is live on platform. All users will receive their $250 in Bonus Bets If Your Bet Wins within 72 hours of the bet settlement.

Why Bet on The Masters With FanDuel

• Frequent Profit Boosts
• Expert guides and tutorials
• excellent user experience

What States is FanDuel Available in?

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Massachusetts
• Maryland
• Michigan
• North Carolina
• New Jersey
• New York
• Ohio
• Pennsylvania
• Tennessee
• Virginia
• Vermont
• West Virginia
• Wyoming

How We Rate The Masters Sportsbooks

When looking at The Masters betting sites, we rate them based on a few different factors. This includes the quality of the welcome bonus, the range of markets offered, the available features for existing customers, and of course their overall Masters betting experience.

How to Pick the Best The Masters Betting Site

Picking the best site to bet on The Masters can be difficult, but there are some factors to consider. One of these factors and perhaps the most important one is the welcome bonus being offered. You will need to determine if you want guaranteed bonus bets, or would prefer first bet insurance and that can help you decide the best site to bet on The Masters. The live betting experience offered by each sportsbook is also important to consider as things can change quickly at the Masters and you may want to react to what is happening on the course.

How to Sign Up With a Sportsbook for The Masters Online

The step-by-step guide below will explain how to sign-up for a sportsbook offering The Masters:

1. Select The Masters betting site you want to use
2. Click “Sign-up”
3. Opt-in to the welcome bonus being offered
4. Enter your personal information
5. Verify your identity if prompted
6. Confirm your account

Which The Masters Betting Sites Have the Best Promo Codes?

The best online betting site for The Masters in terms of promo codes is Caesars. This is because they offer a low first bet requirement without compromising on the value of your bonus bets. Other sportsbooks such as bet365 also have a strong welcome bonus for the Masters, although they require a slightly higher first wager they guarantee your bonus bets regardless of the outcome of your first bet.

Which The Masters Betting Site Provides the Best Odds?

The best online betting site for The Masters in terms of odds is DraftKings. Their odds vary based on the market you decide to bet, but compared to other The Masters sportsbooks, DraftKings generally offers more lucrative payouts. However, other sportsbooks such as bet365 and FanDuel do have odds boosts on selected markets throughout the tournament.

How do The Masters Betting Sites Work?

The Masters betting sites work like any other sportsbook. You will need to navigate to the Golf tab, select the market you want to bet on and enter the amount of money you want to bet.

Popular Bet Types for The Masters Offered by Sportsbooks

Below we have listed and explained some of the most popular bet types for The Masters: 

Moneyline

When betting The Masters or Golf in general, money line bets are the most common and most popular, being a straight up bet on who you think will win the tournament. These are usually priced at high odds, but with Golf being so volatile, it makes it that much harder to bet on a winning golfer. Even the best golfers in the world have bad weeks, therefore betting the money line comes at some considerable risk.

Top Finishes

Betting Top Finish markets are a little easier to predict as you can look at the form of the golfer in question. These Top Finish markets include Top 5, Top 10, and Top 20, giving you smaller odds but with a bit more room for a winning bet.

Make/Miss Cut

Betting a player to make or miss the cut is much simpler as you just need them to make it to Saturday or in the case of missing the cut, need them to play poorly and not make the weekend. These bets are usually much lower odds, especially the top tier players who are expected to make the cut virtually every time they tee it up.

Head to Head

Head to Head markets generally refer to one golfer against another. These bets usually take place over the entirety of the tournament and whichever player you bet on will need to shoot a better overall score compared to the player he was matched up against. This can also be done on a round to round basis or between three golfers instead of two.

Round Score

A round score bet refers to the score a golfer will shoot in a specific round. This bet is presented as a number, similar to how Game Total bets work in other sports. The difference being that if you bet the Under, you are betting your player to have a good round, while betting the Over generally means the golfer in question played poorly.

Are These The Masters Sportsbooks Legal and Legit?

Yes, all of The Masters sportsbooks featured in this article are legal and regulated. The following states have access to these sportsbooks taking bets on The Masters, but each state has a different number and combination of sportsbooks. Check our brief review for each sportsbook above to determine which of The Masters betting sites operate where: 

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Louisiana
• Maine
• Massachusetts
• Michigan
• New Hampshire
• New Jersey
• New York
• North Carolina
• Oregon
• Pennsylvania
• Tennessee
• Virginia
• Vermont
• West Virginia
• Wyoming