2023 Masters odds, futures market: Scheffler, McIlroy, Rahm favored

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Scottie Scheffler lines up his putt on the first green during a semifinal round at the Dell Technologies Match Play Championship golf tournament in Austin, Texas, Sunday, March 26, 2023. (AP Photo/Eric Gay)

The first golf major tournament of the 2023 season is upon us: It’s time for The Masters. The week in Augusta, Georgia, is a magical time in the golf world, and this year will be no different, with plenty of storylines and betting options, especially considering the world’s top three of Scottie Scheffler, Rory McIlroy and Jon Rahm.

Those three are given short odds to win the tournament, and it’s no surprise: All three have victories this season, and all three have previous success at Augusta National Golf Club, most notably Scheffler’s victory at The Masters last year.

It’s no surprise then, that Scheffler is the favorite, coming in at a low +700 price at FanDuel Sportsbook. He’s followed by McIlroy — who needs a Masters title to complete the career grand slam by winning all four majors — at +750, and then Rahm at +950.

The favorites

Rahm (+950) has had the best track record of any golfer thus far this season, winning three early events this year (Sony Tournament of Champions, American Express and Genesis Invitational) and adding top 10s at the Farmers Insurance Open and the WM Phoenix Open. But the Spaniard has struggled over the past month and also has just one major tournament victory in his career, the 2021 U.S. Open.

Of course, McIlroy (+750) hasn’t won a major since 2014, and his only victory this year came in the Hero Dubai Desert Classic, a European Tour event that had a good field but not as deep of one as some of Rahm’s victories.

That leaves Scheffler (+700), who has victories this year at Phoenix Open and The Players Championship and who won The Masters last year by three shots over McIlroy. A rightful favorite, indeed.

Other past champions

Past champions are always invited back to the limited field at The Masters, and given the unique course design at Augusta, historical success and familiarity with the layout and greens is always a big deal.

That brings us to a couple of other top-30 world golfers in 2015 champion Jordan Spieth and 2021 champ Hideki Matsuyama. Spieth (+1700) is actually given the best chance outside of the top three to win the event at Caesars, followed by Patrick Cantlay at +1900.

Matsuyama has struggled with injuries this season — though he finish in the top 20 at the Valero Texas Open last week — and is a much longer shot at +4600.

Adam Scott (+14000), Danny Willett (+21000) and Bubba Watson (+22000) are other past champions, but only Scott at No. 40 is in the top 50 of the Official World Golf Rankings.

The LIV factor

Besides Scheffler, Spieth and Matsuyama, there will be other recent champions in the field who are now part of the LIV Golf Tour, the Saudi Arabian startup that has threatened the supremacy of the PGA Tour.

Some of the LIV golfers will be competing against the PGA’s best for the first time since they left the tour, but they certainly have the bona fides to compete. Dustin Johnson (+2900) was the 2020 Masters champ, and Patrick Reed (+7000) and Sergio Garcia (+19000) also have won at Augusta. So has Phil Mickelson, but given his age and poor results in LIV events, he’s a +28000 long shot.

Other LIV golfers include Brooks Koepka (+3700), a four-time major winner who tied for second at the 2019 Masters (and also won last week’s LIV event); and Cam Smith (+2400), the winner of last year’s British Open who has twice finished in the top five at Augusta, including a T3 last year.

Some guy named Eldrick

Of course, any mention of past champions must include five-time winner Tiger Woods, who wore the green jacket as recently as 2019. That was, however, before his serious car accident in February 2021 that threatened his golfing career. Woods actually made his return at last year’s Masters and made the cut, but he has played in limited events since without competing for a title.

Still, no one knows Augusta and has won at Augusta like Tiger, so it would be foolish to completely count him out. He can be had at a +8500 price at FanDuel.

Full list of 2023 Masters odds

(From FanDuel Sportsbook as of Monday morning)

Scottie Scheffler +700

Rory McIlroy +750

Jon Rahm +950

Jordan Spieth +1800

Patrick Cantlay +1900

Justin Thomas +2200

Cameron Smith +2400

Tony Finau +2400

Collin Morikawa +2500

Xander Schauffele +2500

Dustin Johnson +2900

Jason Day +2900

Cameron Young +2900

Max Homa +3200

Sungjae Im +3700

Brooks Koepka +3700

Viktor Hovland +3700

Will Zalatoris +3700

Sam Burns +4100

Hideki Matsuyama +4600

Corey Conners +4800

Tommy Fleetwood +5000

Matthew Fitzpatrick +5500

Justin Rose +5500

Min Woo Lee +5500

Shane Lowry +6500

Tyrrell Hatton +6500

Patrick Reed +7000

Tiger Woods +8500

Joaquin Niemann +8500

Tom Kim +10000

Mito Pereira +10000

Si Woo Kim +12000

Keith Mitchell +12000

Bryson DeChambeau +13000

Sahith Theegala +13000

Adam Scott +14000

Louis Oosthuizen +14000

Kurt Kitayama +14000

Tom Hoge +15000

Ryan Fox +16000

Keegan Bradley +16000

Abraham Ancer +17000

Russell Henley +18000

Thomas Pieters +18000

Chris Kirk +18000

Sergio Garcia +18000

Taylor Moore +19000

Talor Gooch +21000

Seamus Power +21000

Danny Willett +21000

Bubba Watson +22000

Gary Woodland +22000

Cameron Champ +22000

Billy Horschel +23000

Brian Harman +24000

Charl Schwartzel +25000

Harold Varner III +26000

Phil Mickelson +28000

Harris English +31000

Jason Kokrak +34000

J.T. Poston +34000

Alex Noren +34000

Adam Svensson +35000

Adrian Meronk +35000

Gordon Sargent +35000

Francesco Molinari +37000

Mackenzie Hughes +39000

Kevin Na +42000

K.H. Lee +43000

Kevin Kisner +45000

Sepp Straka +50000

Scott Stallings +55000

Kazuki Higa +65000

Bernhard Langer +100000

Zach Johnson +100000

Harrison Crowe +100000

Sam Bennett +100000

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