When looking for the odds on a particular golfer to win the Masters at Augusta National, one is actually looking for ‘outright winner’ odds. OddsJet compares US Masters winner odds from several reputable online sportsbook companies. This allows OddsJet to display the best odds on every golfer in the field so bettors may maximize their potential returns when looking to predict who will win the coveted Green Jacket.

Masters Futures and Ante Post markets explained

Masters outright betting is that tournament’s primary future betting market. Futures markets or Ante Post markets are those that involve a wager that is contingent on the full tournament result. This means the wager can be made well in advance of when the tournament itself takes place, hence the term futures betting market. This differs from betting that surrounds a particular round of golf or matchup that is dependent upon knowledge of the pairings, which are set during the week of the Masters itself. If you believe you know the golfer that will win the Masters, the best odds on your golfer of choice will always come before the tournament begins. If you wait until after play starts and the player is in contention to win, their odds to win outright will shrink along with your potential payout.

Examples of Masters outright winner odds expressed in American, Decimal and Fractional formats

For American odds, given how many golfers will be in the field, even the golfers that are relatively heavy favorites will have odds that are above even-money. This means that all the odds will come as positive figures, which express how much potential profit one could realise from a wager of $100. For example, when you see odds of +750 on Jason Day to win the Masters outright, you would need to stake $100 in order to receive a profit of $750, yielding a total return of $850. Note that this use of $100 as an expression of odds pricing is just that, for purposes of expression. It is neither a limit nor a requirement of how much you may wager.

With Decimal odds format, the odds express the full potential amount that will be returned on your wager including the stake amount. For this, simply multiply the Decimal odds by the stake. For example, if Adam Scott is listed at 6.50 to win outright, a $100 bet would return a total of $650 including your stake, so the potential profit would be $550.

For Fractional format, the odds express the amount of potential profit that will be returned on a wager. For example, with a wager of $100 and odds of 12/1 on Phil Mickelson to win outright (said twelve-to-one), one could see a profit of $1,200 (12 divided by 1, multiplied by $100) plus the stake amount for a total potential return of $1,300.