“A tradition unlike any other” continues this morning as the world’s best golfers tee it up at Augusta. For avid golf fans and bettors, the Masters Tournament is one of the most exciting events of the year.

Can Scottie Scheffler win the Masters for the third time in four years? Will Rory McIlroy break his nearly 11-year major drought? And which golfers will step up and outperform expectations?

Latest 2025 Masters odds

While they are always subject to change, these are the Masters odds for the top 20 golfers to win at Augusta. These odds are courtesy of FanDuel, where you can bet $5 and get back $250 in Bonus Bets if your promotion-qualifying wager wins.

• Scottie Scheffler: +400
• Rory McIlroy: +650
• Jon Rahm: +1400
• Collin Morikawa: +1600
• Ludvig Aberg: +1800
• Xander Schauffele: +2000
• Bryson DeChambeau: +2000
• Justin Thomas: +2200
• Joaquin Niemann: +3000
• Brooks Koepka: +3000
• Hideki Matsuyama: +3300
• Tommy Fleetwood: +3500
• Viktor Hovland: +3500
• Jordan Spieth: +3500
• Patrick Cantlay: +3500
• Shane Lowry: +3500
• Tyrrell Hatton: +4500
• Russell Henley: +5000
• Robert MacIntyre: +5500
• Cameron Smith: +5500

Despite these golfers being the odds favorites, the Masters Tournament has historically been a major in which lesser known golfers can win, so don’t count anyone out. For example, here are some of the biggest odds longshots to win the Masters:

• Hideki Matsuyama (60-1 in 2021)
• Charl Schwartzel (100-1 in 2011)
• Angel Cabrera (125-1 in 2009)
• Zach Johnson (125-1 in 2007)
• Trevor Immelman (150-1 in 2008)

Keep in mind that these huge odds underdogs have also won at Augusta in the past two decades.

Masters predictions and best bets for head-to-head matchups

Phil Mickelson (+100) vs. Brian Harman (-120): 72-hole match bet

Phil Mickelson is one of only eight golfers in the sport’s history to have won three green jackets, putting him in rarified air with Jack Nicklaus, Tiger Woods, Arnold Palmer, Sam Snead, Gary Player, Jimmy Demaret, and Sir Nick Faldo.

Mickelson’s history at Augusta is impressive beyond just wins, too; he has made 28 of 31 cuts and has logged top 10s in more than half (16) of his appearances.

Outside of his T2 in 2023, Mickelson has not been dominating Augusta in recent years; however, he continues to make cuts, which is something that Brian Harman has not been doing much of in the Masters Tournament.

Harman has missed three consecutive cuts at Augusta, a course that has not been too friendly to him as of late. Another interesting observation is those three cuts have happened since 2022, when Augusta had three holes lengthened.

Harman is one of the shorter hitters on tour, which makes a course like Augusta all the more challenging, especially when the greens are playing lightning quick and he has to fire into them with longer irons than everyone else.

While Harman did win last weekend, I still think Mickelson is in better overall form.

Best Bet: Phil Mickelson +100

Min Woo Lee (-115) vs. Cameron Smith (-110): 18-hole match bet

A few of the key statistics I’m looking at when picking golfers to win outright or in a head-to-head matchup at Augusta are driving distance, strokes gained putting, and scrambling.

And Min Woo Lee fits the bill in all of these areas, ranking third on tour in driving distance (316.0), fifth in shots gained putting, and 18th in scrambling percentage thus far in 2025.

Min Woo Lee is also fresh off a win at the Texas Children’s Houston Open and has top 20 finishes in five of his seven events on tour this season, as well as in two of his three starts in DP World tournaments.

Further, Lee has gotten off to fast 18-hole starts in his past two tournaments, including at The Players and the Houston Open.

I haven’t been overly impressed with Cameron Smith’s form thus far in the season, so I like Lee to get out to a hot start on Thursday and shoot lower than Smith.

Best Bet: Min Woo Lee (-115)