Tee Time: Different Ways To Bet The Masters At NJ Online Sportsbooks

The early bird catches the prop and other betting axioms surround the fabled Masters Tournament at New Jersey online sportsbooks.

The assemblage of top golfers and past champions for the PGA’s first 2021 major runs Thursday-Sunday. The golf betting festival includes early-morning start times, hole-by-hole results, individual matchups, and final results.

Major sportsbooks offer a strong menu and excellent betting odds for this tournament from Augusta National Golf  Club in Georgia.

Who are the favorites to win The Masters?

At DraftKings Sportsbook, 2020 champion Dustin Johnson, is +950 to win. And, as of Tuesday morning, he is +220 for a top-five finish and +100 for the Top 10.

He set a Masters record of 20 under par in November.  Is he a Masters’ master or did he prefer the rare, COVID-19 induced fall schedule over the spring tourney?

The next four golfers range between +1100 and +1250 on the win line, pay +275 for a Top-5 and +125 for a Top-10 finish.

They include:

Bryson DeChambeau, always a victory threat at +1150.

Jordan Spieth, +1150, won last week’s tournament in Texas, rides the momentum of recent form to Augusta. Spieth would be a strong consideration to play well here.

In seven Masters appearances, Spieth has a win, two second-place finishes, and a third.

Justin Thomas (+1150) and Jon Rahm (+1200), two of the sport’s biggest names, round out the top-five favorites.

Johnny Avello, director of race and sportsbook operations for DraftKings, told NJ Gambling Sites that “this is some of the best betting value in the sport of golf.”

“Some guys will get very high prices because there is so much talent here that everybody is being bet,” said Avello.

“Where else are you going to get the favorite, at +950? Some bettors go deeper on the board and there’s Rory McIlroy in the high teens, Brooks Koepka at +2800, and players like Paul Casey (+3500) and Lee Westwood (+5000) are getting action.”

What about past champs?

The 2018 winner Patrick Reed is +3500 to win, +600 for the Top 5, and +300 for the Top 10.

Sergio Garcia, the 2017 champion, is +6000 to triumph, +1000 for Top 5, and +450 for the Top 10.

Here is how to watch the 2021 Masters:

  • Thursday and Friday: 3-7:30 p.m., ESPN 
  • Saturday: 3-7 p.m., CBS 
  • Sunday: 2-7 p.m., CBS 

Masters betting strategies

There are several ways to wager on the 2021 Masters at NJ online sportsbooks.

One is to take the possible gimme promo that DraftKings is offering new users. Basically, a $1 wager could turn into $100 by Sunday. All it takes is to bet on any golfer to make the top 10.

But in order to tee off on this promo, new users will need to create an account and make at least a $5 deposit. NJ bettors will be issued one single-use odds boost to use for any player to reach the Top 10. The bet must be placed before the Thursday morning start.

Select the boost from your bet slip before placing the wager to apply the boosted price. This bet excludes live bets, parlays, free bets, cash out bets, and voided bets.

This is hardly a no-brainer, but payouts far exceed the near even-money odds on a chalk.

No Tiger Woods, but Tiger mania returns

Woods took the 2019 Masters by storm, encouraging books to offer multiple props on him. Especially his score on every hole en route to his fifth Green Jacket.

“No player is bigger than the tournament itself, but we can certainly credit Tiger Woods for the evolution of how the game is wagered upon now,” Avello said. “People tuned in to bet Tiger and watch Tiger.”

The prop bets he inspired now extend to much of the field, creating an in-game prop-betting paradise.

Most holes end in par and betting odds reflect that. The best wagering opportunities come in predicting birdies and bogeys when betting a player’s next-hole score.

There are seven holes in which birdies and bogeys were prominent in the 2020 Masters. This is where some money can be made.

Let’s first look at the best birdie chances.

Holes two, eight, and 15, all par 5s, are reachable in two shots. The second also has an opening in front of the green. There will be many eagle putts and players settling for birdie. According to 2020 statistics, these holes yielded the most Masters birdies.

But there are bogey possibilities, too.

The 11th is a long, 505-yard par 4. It has a stroke average of 4.35.

The 12th is a 155-yard par 3 with a putting surface protected by a large creek in front and a sand trap in the back.

The 17th and 18th holes, par 4s, summon pressure. They play harder than the holes look and have two of the highest bogey totals from 2020.

Birdies and bogeys? They add up to bucks.

Take a player at different odds points

Bettors readily load up on NFL games, which normally return -110 on both sides for the standard spread wager.

You’ll find a golfer listed around 40th for that price here.  It’s good odds management to take a player at those odds, giving yourself a large cushion to cash a bet. As an aside, taking that player in the Top 30, Top 20 or even Top 10 is viable, with a different-sized wager.

But in playing the percentages, it’s prudent to give yourself 40 spots. Or at least 30.

William Hill + Masters props

If you’re in the market for Masters props, William Hill (Caesars) is another sportsbook with excellent selections.

Will Johnson and DeChambeau both card 69 or under in the opening round?

That’s +300 if they do.

There is a category for individual winners in matchups of three. Some even come in packages of two.

So take your favorite head-to-head battle and create a tournament. Call it a tournament within a tournament for yourself.

Some bettors will likely include Spieth. He opened at 50/1 and was as high as 60/1 back in early February.

“Spieth plays well in Augusta and now he’s back in great form,” said Nick Bogdanovich, director of trading for William Hill US. “Obviously he’s been on fire the past two months, so it’s not a surprise to see the masses going with him here. He’s the leader in the clubhouse right now in tickets and money.”

Bet MGM + Masters margin of victory

BetMGM incorporates the competitive nature of the event.

Try predicting how much the winner prevails.

Calling it a one-stroke margin pays +240. A correct two-stroke victory call is +400 and three strokes is +600.  A playoff is +350.

But before taking this wager, look back at every Masters between 2015 and ’19.  Each of them was decided by one stroke, with the exception of ’17, which resulted in a playoff.

AP Photo/David J. Phillip

About the Author

Dave Bontempo

Dave Bontempo, a multiple national award-winning boxing commentator and writer, authors NFL betting columns for the Press of Atlantic City and IGaming Player, among others.