FanDuel Masters Odds: How to Bet on The Masters 2026 and Claim the $250 Promo Code

FanDuel Masters Odds: How to Bet on The Masters 2026 and Claim the $250 Promo Code

The 2026 Masters is shaping up to be one of the most competitive in recent memory, and FanDuel already has a stacked odds board led by Scottie Scheffler, Bryson DeChambeau, Jon Rahm, and Rory McIlroy.

Whether you’re betting outright winners, birdie props, hole‑in‑one specials, or finishing positions, FanDuel offers one of the deepest Masters markets in the industry.

Even better - new users can claim FanDuel’s Bet $5, Get $250 promo code, giving you a massive bonus to build a full Masters betting card. CLICK HERE to sign up today and claim your $250 Bonus.

Let’s break down the odds, the promo, and the smartest ways to use it.

FanDuel promo code: Bet $5, get $250

A simple way to turn a small stake into a sizable set of bonus wagers for Augusta.

Step One: CLICK HERE or visit FanDuel Sportsbook and register a new account.

Step Two: Deposit at least $5.

Step Three: Wager $5 on any market.

Step Four: If your wager wins, FanDuel issues $250 in Bonus Bets.

FanDuel Masters Odds for 2026

Outright Winner – Win Only

• Scottie Scheffler +550
• Bryson DeChambeau +1000
• Jon Rahm +1000
• Rory McIlroy +1300
• Xander Schauffele +1500
• Ludvig Åberg +1700
• Matt Fitzpatrick +2200
• Cameron Young +2200
• Tommy Fleetwood +2200
• Hideki Matsuyama +2700
• Robert MacIntyre +2700
• Min Woo Lee +3000
• Justin Rose +3000
• Patrick Reed +3500
• Collin Morikawa +3500
• Si Woo Kim +4500
• Jordan Spieth +4500
• Brooks Koepka +4500

Scheffler enters as the clear favorite, with Rahm and DeChambeau close behind. McIlroy sits in the second tier as he looks to defend his 2025 title.

Birdies or Better – Round 1 Props

These props are ideal for bettors who want immediate action on Thursday morning.

Rory McIlroy

• Under 4.5 (–150)
• Over 4.5 (+110)
• Thu 10:31am ET

Scottie Scheffler

• Under 4.5 (–125)
• Over 4.5 (+100)
• Thu 1:44pm ET

Bryson DeChambeau

• Under 4.5 (–138)
• Over 4.5 (+110)
• Thu 10:07am ET

Jon Rahm

• Under 4.5 (–138)
• Over 4.5 (+110)
• Thu 1:08pm ET

Xander Schauffele

• Under 4.5 (–150)
• Over 4.5 (+125)
• Thu 10:07am ET

Hole‑in‑One Specials

Will there be a hole‑in‑one?

• Yes (–150)
• No (+120)

Tournament Specials:

• Hole in One in Round 4: +125
• 2 or More Tournament Hole‑in‑Ones: +230
• Hole in One in Round 2: +800
• 3 or More Tournament Hole‑in‑Ones: +800
• Hole in One in Round 1: +800
• Hole in One in Round 3: +1100

Top‑5 Finish (Incl. Ties)

Top‑5 markets are a great way to back elite players without needing them to win outright.

• Scottie Scheffler +110
• Jon Rahm +195
• Bryson DeChambeau +200
• Rory McIlroy +220
• Xander Schauffele +240
• Ludvig Åberg +300
• Cameron Young +340
• Matt Fitzpatrick +340
• Tommy Fleetwood +370
• Hideki Matsuyama +400
• Robert MacIntyre +430
• Russell Henley +500

How to Bet on the Masters with FanDuel Sportsbook

If you’re new to betting golf, here are the most common markets:

Outright Winner

Pick the golfer who wins the tournament. Ideal for long‑shot value or backing elite players in form.

Finishing Position (Top 5, Top 10, Top 20)

Bet on a golfer to finish inside a specific range. Example: Top 5 means your golfer must finish 5th or better.

First‑Round Leader

Bet on who posts the lowest score in Round 1. Great for streaky scorers and early tee‑time advantages.

Head‑to‑Head Matchups

Pick one golfer to finish with a lower score than another golfer. Example: Scheffler over Rahm for the full tournament or a single round.

Group Betting

Choose the winner from a small group of golfers (often 3–6 players). Useful when you want to fade or back a cluster of similar‑tier players.

Props (Depending on Your State)

You may see markets such as:

• Birdies or better
• Bogey‑free round
• Make/miss the cut
• Nationality props
• Hole‑in‑one specials

How to Best Use the FanDuel Promo During the Masters

The Bet $5, Get $250 promo gives you a large set of Bonus Bets to spread across the tournament. Here are the smartest ways to use them:

1. Build a diversified outright card

Use Bonus Bets on several mid‑tier players (20–50/1 range) to maximize upside.

2. Target first‑round leader markets

These offer high payouts and settle quickly—perfect for Bonus Bets.

3. Bet multiple Top‑5 or Top‑10 finishers

Safer than outrights and great for consistent players like Schauffele or Åberg.

4. Take swings on hole‑in‑one specials

Bonus Bets are ideal for long‑shot props with big payouts.

5. Use some Bonus Bets on live markets

FanDuel’s live Masters markets allow you to react to early‑round momentum.

FanDuel $300 Promo Code Terms & Conditions

If you or someone you know has a gambling problem, Call 1-800-GAMBLER. 21+ and present in AR.