Odds format
United States

DraftKings Sportsbook: How to Bet on The Masters

We are a day away from the opening round of The Masters. Find out how to bet on the year's first major, with DraftKings Sportsbook.
| 3 min read
Share to Facebook
Share to Twitter
Copy Link

DraftKings Sportsbook: How to Bet on The Masters

The Masters is the biggest golf event of the year, and DraftKings Sportsbook certainly treats it as such.

A leader in Masters odds, betting markets, and promotions, DraftKings are taking the first big event of the year seriously and we are here to show you just how good they will be for your betting needs this week.

Firstly, if you are a new user, then you can claim the best bonus of them all, which is the bet $5, get $150 instant bonus for new users.

This DraftKings promo code lets you bet $5, get $150 instantly right out of the gates, so you could essentially boost favorites like Scottie Scheffler and Rory McIlroy to 30-1, with this epic welcome bonus.

CLICK HERE to sign up for DraftKings Sportsbook today and not only will you have the best betting experience for The Masters, but you will also start things off with a $150 head start.

DraftKings Sportsbook: The Masters Odds

Here are the latest odds for The Masters. These are top contenders in the outright betting market for the year's first major, with every other player 40-1 and bigger to win!

  • Scottie Scheffler +400
  • Rory McIlroy +1000
  • Jon Rahm +1100
  • Xander Schauffele +1400
  • Brooks Koepka +1600
  • Hideki Matsuyama +1800
  • Jordan Spieth +2500
  • Joaquin Niemann +2800
  • Ludvig Aberg +3000
  • Tony Finau +3500
  • Bryson DeChambeau +3500

DraftKings Sportsbook Masters Betting Markets

Here are the most popular betting markets that you will see for The Masters in 2024.

Outright Winner - This is a straight outright bet on your favorite player at Augusta. Your golfer will need to slip on the Green Jacket for you to win your bet.

Top 5 - Here you are betting on a player to not necessarily win, but finish the week in the Top 5. The odds would be short on a favorite at the top of the market for example, but this is a good way to split your bet. Bet half your stakes on an outright win, and the other half on the top 5, and you are covered if your chosen golfer competes but just comes up short.

Top 10 - Another placement market, this time, you only need a golfer to finish inside the top 10 to receive a payout at the odds advertised. Both the Top 5 and Top 10 markets are affected by dead heat rules, where your stakes will be reduced if your player finishes in a tie for 5th or a tie for 10th for example. You can also bet in both of these markets (inc ties) which means 10 players could finish 5th or 10th and you would still be paid the same. The odds are reduced to reflect this though.

First Round Leader - Think there is a player that can get off to a hot start, but perhaps not get the job done on Sunday? Yes, we are looking at you, Cameron Young... Then bet on them in the First Round Leader market. Here, your bet runs for just the first 18 holes of the tournament, and if your player is atop the leaderboard by Thursday's end, you will kick of the week with a win.

Tournament Props - DraftKings Sportsbook is one of the leaders in terms of offering Tournament Props at The Masters, and you can peruse these at your leisure on the site or your DraftKings app. Examples include, 'Any Golfer to be Bogey-Free for 72 Holes", 'Any Player to Shoot 59 or Lower", and some other more realistic bets.

DraftKings Sportsbook Tiger Specials

You can bet on a selection of Tiger Woods-focused specials this week at Augusta National as well. The list can be found below.

Tiger Woods Any Bogey Free Round

  • Yes+1200

Tiger Woods Hole in One on Hole 4

  • Yes+40000

Tiger Woods Hole in One on Hole 6

  • Yes+13000

Tiger Woods Hole in One on Hole 12

  • Yes+25000

Tiger Woods Hole in One on Hole 16

  • Yes+9000

Tiger Woods to break the Course Record

  • Yes+15000

Tiger Woods to make an Albatross

  • Yes+20000

DraftKings $150 Promo Code for The Masters

New Customers can follow these steps below and you claim a $150 bonus whether their first bet wins or loses.

Step One: CLICK HERE or claim the offer below to add your DraftKings promo code to your account.

Step Two: Register your account with DraftKings Sportsbook.

Step Three: Deposit into your new account and place a $5 wager on your favorite Masters wager

Step Four: Win $150 in bonus bets instantly, even if your first bet goes on to lose, thanks to the DraftKings promo code

How to Use the Bet $5, Get $150 DraftKings Masters Promo Code

We would advise using this DraftKings promo code on one of the favorites, as you boost the odds on a Scottie Scheffler Outright, Top 5, or Top 10 bet, or a similar wager on the likes of Rory McIlroy, Jon Rahm, Brooks Koepka, or Hideki Matsuyama.

As the DraftKings Masters promo code pays you $150 whether your first bet wins or loses, you can bet with confidence on the year's first golf major.

Masters Bet Match

DraftKings Sportsbook are offering an instant bet match on The Masters this week, and it applies to all users, new and existing.

Find the full details below.

1. Masters Golf Bets through Saturday, 4/13 at 11:59 PM EST 2. Place any bet on the Masters and receive a Golf Bonus Bet equal to your wager (maximum reward limit applies) 3. Must opt-in and apply your token to a qualifying bet. Bonus Bet issued upon placement of the qualifying bet 4. Minimum odds of -500 or longer (-200, +250, etc) for all bet types 5. Your qualifying bet is eligible for Singles, Parlay, SGP, SGPx and Live Bets on the Masters 6. One qualifying bet per user during the promotional period 7. Bonus Bet issued after qualifying bet placement 8. Wagering on this promotion must use funds from your cash balance or DK Dollars to qualify 9. Token expires on 4/13 at 11:59 PM 10. Golf Bonus Bet reward expires 4/14 at the end of the Masters 11. Must be 21+, unless otherwise stated, and located in AZ, CO, CT, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NH (18+), NJ, NY, OH, OR, PA, TN, VA, VT, WV, or WY (18+) Ineligible Bets: - Excludes SGP and SGPx, progressive parlays, cash out bets, and odds boosts - Wagers with legs on ineligible games.

Masters Make the Cut Parlay Boost

Get the following Masters Make the Cut Parlay boosted to +100 when you opt-in ahead of the opening round of The Masters.

Scottie Scheffler, John Rahm, Hideki Matsuyama, and Dustin Johnson To All Make the Cut - Boosted Odds of +100.

Further details can again be found below.

1. The Masters 2. Following Opt-In, you'll be issued with one (1) single-use token to use on Scottie Scheffler, John Rahm, Hideki Matsuyama, and Dustin Johnson To All Make the Cut (under 'Make/Miss Cut > To Make The Cut Parlay’) 3. Boosted Odds: +100 4. You must select the boost in your betslip before placing the bet to apply the boosted price 5. Max betting limits apply 6. Boost Token expires on Wednesday, 4/10 at 11:59 PM EST 7. Wagering on this promotion must use funds from your cash balance or DK Dollars to qualify 8. One qualifying Token per customer during the Promotional Period 9. Must be 21+, unless otherwise stated, and located in AZ, CO, CT, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NH (18+), NJ, NY, OH, OR, PA, TN, VA, VT, WA, WV, or WY (18+) Ineligible bets: - Excludes singles, SGP, SGPx, Live Bets, progressive parlays, cash out bets, and voided bets - Wagers with legs on non-eligible games


Tom Jacobs is the host of the Lost Fore Words golf podcast and has been writing betting articles on golf for the past decade. Tom also co-hosts the DP World Tour Picks & Bets show on the Mayo Media Network, so has his finger on the pulse on all the major Tours. A long-suffering Nottingham Forest fan, Tom also enjoys watching Soccer at the weekend, and was delighted to see his Forest team win promotion this season!


Almost there!

We are loading your bets, and they will be here in a second.