The 2026 Masters was played April 9–12 at Augusta National. Scottie Scheffler entered as the heavy favorite (+460), but defending champion Rory McIlroy (+950) won back-to-back green jackets at 12-under 276, one shot ahead of Scheffler. Below are the pre-tournament odds and our contender breakdown, preserved with the outcome noted.
2026 Masters Odds — Top 15 Contenders
| # | Player | Current Odds | Masters Wins | Assessment |
|---|---|---|---|---|
| 1 |
Scottie Scheffler Favorite
🇺🇸 United States
|
+460 | 2 (2022, 2024) | World No. 1. Has won Masters twice. Dominant ball-striker. |
| 2 |
Rory McIlroy
🇬🇧 Northern Ireland
|
+950 | 1 (2025) | Defending champion. Completed career Grand Slam in 2025. |
| 3 |
Ludvig Åberg
🇸🇪 Sweden
|
+1100 | 0 | Runner-up 2024. Best Augusta debut in recent memory. Power game fits Augusta. |
| 4 |
Jon Rahm
🇪🇸 Spain
|
+1300 | 1 (2023) | 2023 champion. LIV switch hasn't dulled his Augusta form. |
| 5 |
Xander Schauffele
🇺🇸 United States
|
+1600 | 0 | Multiple top-5s at Augusta. Major champion (2024 Open, PGA). |
| 5 |
Bryson DeChambeau
🇺🇸 United States
|
+1600 | 0 | Power game ideal for Augusta. Seeks first Green Jacket. |
| 7 |
Tommy Fleetwood
🇬🇧 England
|
+2000 | 0 | Strong 2025 form. Consistent major contender. First Augusta win overdue. |
| 8 |
Cameron Young
🇺🇸 United States
|
+2500 | 0 | Long hitter who thrives on big stages. Excellent value pick. |
| 9 |
Collin Morikawa
🇺🇸 United States
|
+2700 | 0 | Iron play is elite. Needs to improve putting at Augusta. |
| 9 |
Justin Rose
🇬🇧 England
|
+2700 | 0 | Multiple runner-ups at Augusta. Augusta specialist in vintage form. |
| 11 |
Brooks Koepka
🇺🇸 United States
|
+3000 | 0 | Major mode player. Raises game for the biggest events. |
| 12 |
Patrick Cantlay
🇺🇸 United States
|
+3300 | 0 | Precision game fits Augusta well. Excellent approach play. |
| 13 |
Viktor Hovland
🇳🇴 Norway
|
+3500 | 0 | Distance advantage. Aiming to reverse Augusta struggles. |
| 14 |
Jordan Spieth
🇺🇸 United States
|
+4000 | 1 (2015) | Known Augusta magic. Multiple close calls since 2015. |
| 15 |
Max Homa
🇺🇸 United States
|
+5000 | 0 | Multiple top-10s at Augusta. Dangerous long-shot value. |
* Odds via FanDuel Sportsbook as of March 22, 2026. Odds subject to change. Must be 21+ and in an eligible state to place bets.
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Top Contender Breakdowns
Scheffler is the clear favorite for a reason: he's been the best golfer in the world since 2022. His Green Jacket wins in 2022 and 2024 prove he knows how to win at Augusta. His ball-striking dominance, iron precision, and composure under pressure are unmatched in the field. If he brings his A-game, he's the man to beat.
Case for him: World No. 1, 2× Augusta champion, dominant 2025 season. Case against: Heavy chalk at +460 means less return. McIlroy's defending form is real.
After years of heartbreak at Augusta, McIlroy finally won his first Green Jacket in 2025, completing his career Grand Slam. Now defending, he has the experience, the confidence, and the momentum. Back-to-back Masters winners are rare but not impossible — Tiger did it in 2001–02. Rory at +950 is arguably the best value in the field.
Case for him: Defending champion energy, completed Grand Slam anxiety is gone, elite ball-striking. Case against: Back-to-back is historically difficult at Augusta.
The young Swede has Augusta in his blood. His runner-up finish in his 2024 Masters debut was one of the most impressive debuts in tournament history. Åberg's power game, precision iron play, and seemingly nerves-of-steel temperament have Augusta champion written all over them. At +1100, he may be the best value in the field.
Case for him: Youth, power, proven Augusta performance, underpriced relative to upside. Case against: One Masters under his belt. Pressure of favorites can be different.
Our Pick: Best Value Bet
If we had to pick one bet at current odds, it's Ludvig Åberg at +1100. He showed in 2024 that Augusta suits his game perfectly. He's longer than Scheffler off the tee and his iron play is elite. The market undervalues youth and upside at Augusta — and history shows Augusta rewards players who learn the course fast. Åberg already has one full Masters under his belt. At better than 10-to-1, the value is real.
For those who prefer favorites: Rory McIlroy at +950 is exceptional value for the defending champion and world No. 2.
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