Masters betting odds: Scottie Scheffler heavily favored over elite contenders

The betting market for the 2026 Masters is live, and one clear leader has emerged in the clubhouse.

World No. 1 Scottie Scheffler could tee off at Augusta National on Thursday with odds twice as good as any other player in the tournament.

Scheffler is favored to win his third green jacket in five years at +550 by BetMGM and FanDuel. DraftKings lists the two-time winner as a +405 favorite.

Odds drop off after Scheffler into a second class of contenders. Bryson DeChambeau, Rory McIlroy and Jon Rahm are listed around +1000 to win.

DeChambeau, who finished tied for fifth in the 2025 Masters, has won his last two LIV tournaments. McIlroy aims to repeat his 2025 Masters victory, and the former champion Rahm has finished in the top five of all of his LIV tournaments this year.

Winning odds for Xander Schauffele and Ludvig Aberg are hovering around +1500. Both finished in the top 10 at last year’s Masters, but neither have won the tournament before.

Rounding out BetMGM’s top 10 are Cameron Young, Matt Fitzpatrick, Tommy Fleetwood and Collin Morikawa. Only three former Masters champions made the top 10, though Patrick Reed (+3300), Jordan Spieth (+3500), Hideki Matsuyama (+3500) and Adam Scott (+6600) all have notable chances to don a green jacket again.