2027 US Masters Odds & Betting Markets

Compare the latest 2027 US Masters odds and back your pick to win the Green Jacket at Augusta National.

2027 US Masters

3 April at 23:00

Rory McIlroy spent more than a decade trying to win his first Green Jacket. His second arrived only 12 months later.

The Northern Irishman retained the Masters title in April 2026, finishing on 12 under par and holding off Scottie Scheffler by one stroke. McIlroy became the first back-to-back champion since Tiger Woods in 2001 and 2002.

Yet it is Scheffler, rather than the defending champion, who currently leads the early 2027 US Masters odds at Parimatch. McIlroy comes next, followed by Jon Rahm, Bryson DeChambeau and Ludvig Åberg. Prices will move well before the opening round, so the live market above should take priority over any older list.

Follow tournaments throughout the build-up to Augusta through Parimatch’s main golf betting page.

The Masters returns to Augusta National Golf Club in Georgia in April 2027.

Unlike the other men’s majors, it does not rotate between venues. Players return to the same fairways, slopes and greens each year, which makes previous course experience more relevant than it is at most major championships.

The format is 72-hole stroke play, with one round scheduled on each of the four tournament days. After Friday’s second round, the leading 50 players and ties progress to the weekend. The old rule allowing anyone within ten shots of the lead to continue was removed in 2020.

A play-off decides the champion when two or more players finish level after 72 holes.

The field will not be finalised until much closer to the tournament. World rankings, tour victories, major results and amateur championships will continue to determine who receives an invitation.

Still, the early betting already has a clear leading group.

Scottie Scheffler

Scheffler begins at the head of the market despite narrowly missing out in 2026.

A closing 68 took him to 11 under, one shot behind McIlroy. That runner-up finish continued an outstanding Augusta record that already includes victories in 2022 and 2024.

His appeal is straightforward. Scheffler controls his iron distances, rarely allows one poor hole to become three and already understands where he can attack Augusta National.

The price is the harder part. Backing the favourite means accepting shorter odds in exchange for a player with fewer obvious weaknesses than most of the field.

Rory McIlroy

McIlroy enters 2027 chasing something considerably rarer than a successful title defence.

A third consecutive victory would place him alongside Jack Nicklaus, Nick Faldo and Tiger Woods as a back-to-back winner, then take him one step further. No golfer has won three straight Masters titles.

His 2026 performance was not a calm procession. McIlroy opened with rounds of 67 and 65, building the largest 36-hole lead in tournament history, but a Saturday 73 allowed the field back into contention. He eventually needed a final-round 71 to edge Scheffler.

That week said plenty about him. The golf became uncomfortable. He found a way through it.

McIlroy’s length is useful at Augusta, especially on the par fives. His challenge will be controlling approaches into the correct portions of the greens rather than simply overpowering the course.

Jon Rahm

Rahm knows exactly what a winning Masters week feels like.

The Spaniard claimed the Green Jacket in 2023, ending the tournament on 12 under. He has the high ball flight required to hold Augusta’s greens and enough creativity to recover when an approach finishes on the wrong side of a slope.

There may be long gaps between opportunities to compare Rahm directly with some PGA Tour rivals. Major weeks therefore carry extra importance when assessing his current level.

The US PGA Championship odds provide another chance to follow his form against a major-quality field before attention moves fully towards 2027.

Bryson DeChambeau

DeChambeau can play Augusta in ways unavailable to much of the field.

His distance creates shorter approaches and brings the par fives within reach. That advantage disappears quickly when a drive finishes among the trees or an approach leaves him above the hole.

Augusta is not simply a driving contest. DeChambeau must pair his power with careful distance control, particularly when firm greens make the safe landing areas smaller.

His odds will also respond to performances in the season’s other majors. The demanding venues commonly used for the US Open golf odds can provide a useful test of his driving and recovery game.

Ludvig Åberg

Åberg finished second on his Masters debut in 2024, immediately showing that his game suits Augusta National.

That result was unusual. No debutant has actually won the tournament since Fuzzy Zoeller in 1979, partly because learning where not to miss takes time. Augusta rewards familiarity with its slopes, green complexes and deceptive sight lines.

Åberg now has that experience. He also owns the combination of length and controlled iron play required to contend.

The remaining question concerns Sunday pressure. Playing well enough to reach the final groups is one challenge. Producing the same committed swings with a Green Jacket close enough to imagine is another.

McIlroy’s second victory looked comfortable on Friday evening. It felt anything but comfortable by Sunday.

Rounds of 67 and 65 placed him six clear at halfway. That was the largest 36-hole lead recorded in Masters history. A third-round 73 then brought several players back into the tournament.

Scheffler applied the greatest pressure on Sunday, shooting 68 to reach 11 under. Tyrrell Hatton, Russell Henley, Justin Rose and Cameron Young shared third place on ten under, leaving six players separated by only two shots at the top of the final leaderboard.

McIlroy’s closing 71 proved just enough. His winning total was 276, one better than Scheffler.

It was his sixth major championship and made him one of only four golfers to win consecutive Masters titles.

McIlroy’s victories have broken up a period dominated by Scheffler and Rahm.

The last six editions were won by:

Rory McIlroy in 2026, finishing on 12 under.
Rory McIlroy in 2025, finishing on 11 under.
Scottie Scheffler in 2024, finishing on 11 under.
Jon Rahm in 2023, finishing on 12 under.
Scottie Scheffler in 2022, finishing on ten under.
Hideki Matsuyama in 2021, finishing on ten under.

There is a clear lesson in those names. Augusta has recently favoured proven elite players rather than producing a run of unexpected champions.

That does not mean an outsider cannot win. It does mean a large price should be supported by more than one good week of form.

The old version of this page placed too much emphasis on driving accuracy.

Finding sensible positions from the tee matters, but Augusta’s fairways are relatively generous. The more severe test begins with the second shot.

Players must control distance, shape and spin into heavily contoured greens. An approach finishing five yards from the flag may still leave an extremely difficult putt if it lands on the wrong tier. Miss in the wrong direction and even a simple-looking chip can become a struggle to save par.

Recent data reinforces that point. With one exception, every Masters winner from 2019 through 2025 ranked inside the leading seven for strokes gained on approach during their victory. Augusta has been far less dependent on producing one of the week’s best putting performances.

Experience deserves attention too. Players gradually learn which pins can be attacked, which slopes feed the ball towards the hole and where a conservative shot is the only sensible choice.

Then there is Amen Corner.

The stretch covers the 11th, 12th and 13th holes. Water threatens all three, while the short par-three 12th remains particularly difficult because the wind can be hard to judge from the tee. One incorrect club has ended several serious challenges.

The outright winner is the main attraction, although it is far from the only available option.

Outright winner: Back a golfer to claim the Green Jacket after 72 holes and any required play-off.
Each-way betting: The stake is split between the golfer winning and finishing within the stated places. Check the fraction and number of paid positions because these terms can change.
First-round leader: Choose the player you think will sit top of the leaderboard after Thursday’s play.
Top-five, top-10 or top-20 finish: Your selection only needs to end the tournament inside the stated position.
Make or miss the cut: Predict whether a golfer will finish inside the top 50 and ties after 36 holes.
Head-to-head betting: Back one player to record a better tournament or round score than a named opponent.
Top nationality: Choose the best-finishing American, British, Irish or other listed nationality group.
Round betting: Markets may include individual round scores, group winners, three-ball betting and selected hole outcomes.

Do not assume that each-way terms at the Masters will match those offered for another major. The number of places can change between tournaments or as a promotion is added.

Golfers who perform well at Augusta will soon turn their attention towards links golf and the latest Open Championship odds.

Begin with approach play, but do not stop there.

Look for golfers who repeatedly create chances with their irons rather than relying on one unusually hot putting week. Performance from around 175 to 225 yards can be useful because many Augusta approaches fall within that broader range.

Course history needs context. A player missing the cut six years ago may have developed into a completely different golfer. Recent visits are normally more useful than results recorded at the beginning of a career.

Fitness matters. Augusta is hilly, and four competitive rounds follow several days of practice. A golfer returning from a back, knee or ankle problem may find the physical test more demanding than it appears on television.

Weather should enter the decision later. Rain can soften the course and increase the advantage held by longer players. Dry, firm conditions place greater pressure on positioning and controlling how the ball reacts after landing.

Finally, check the confirmed field. The Masters is invitation-only, and an early outright market may contain golfers who have not yet secured their place.

Open the Parimatch Sportsbook, select golf and find the 2027 Masters market.

Choose a golfer or finishing-position bet to add it to the slip. Enter the stake, review the possible return and check whether the selection is win-only or each way.

Each-way wagers cost twice the unit stake. A £5 each-way bet requires £10 in total, with £5 placed on the win and £5 on the place portion.

Once the tournament begins, selected markets may remain available through in-play betting. Prices can change after every hole, particularly on Sunday when several players remain close to the lead.

Later in 2027, many of the same golfers will represent Europe or the United States at Adare Manor. Follow that team event through the dedicated Ryder Cup betting page.

Check the latest Parimatch offers before depositing. Promotions carry separate qualifying stakes, minimum odds and expiry dates, so read the terms before opting in.

Please gamble responsibly. A poor opening round is not a reason to chase an earlier loss. Set a budget before play begins and visit the Parimatch Safer Gambling Portal for deposit limits, time-outs and further support.

Who won the 2026 Masters?

Rory McIlroy won the 2026 Masters with a score of 12 under par. He finished one shot ahead of Scottie Scheffler and became the first golfer since Tiger Woods to retain the Green Jacket.

Who is the favourite for the 2027 Masters?

Scottie Scheffler currently leads the early Parimatch US Masters betting market, followed by Rory McIlroy. Prices may change considerably before the tournament begins.