The 2016 Masters Initial Betting Odds

It may be September, but it is never too early to talk about The Masters. In fact, for sportsbooks around the world, it’s never too early to put up betting odds on The Masters.

The 2016 Masters initial betting odds have been out for awhile, but with a break in the action this week on the PGA Tour now is a good time to give them a look.

We’ll talk about them, identify some value picks, some sucker bets, and see just how much the odds change between now and when April of 2016 comes around.

As is typically the case, we will be using oddschecker to determine what the odds are for each respective golfer. We won’t be using what the best odds are, but what the majority of the books have.

For example, you can get Jordan Spieth at 7/1 on a couple of books, at the moment. But, the majority of the books have Spieth listed at 5/1, so that is what we will list him at.

So, with that, let’s take a look at what the betting odds for The 2016 Masters look like in early September of 2015.

Jordan Spieth- 5/1
Rory McIlroy- 6/1
Jason Day- 10/1
Bubba Watson- 14/1
Dustin Johnson- 20/1
Tiger Woods- 20/1
Justin Rose- 25/1
Adam Scott- 25/1
Rickie Fowler- 28/1
Phil Mickelson- 28/1
Henrik Stenson- 33/1
Jimmy Walker- 33/1
Hideki Matsuyama- 40/1
Matt Kuchar- 50/1
Patrick Reed- 50/1
Sergio Garcia- 50/1
Paul Casey- 50/1
Brooks Koepka- 66/1
Louis Oosthuizen- 66/1
Brandt Snedeker- 66/1
Lee Westwood- 66/1
Charl Schwartzel- 66/1
Zach Johnson- 80/1
Danny Lee- 80/1
Ian Poulter- 80/1

As you might expect, Jordan Spieth and Rory McIlroy are basically the co-favorites with Jason Day trailing closely behind.

Neither of these three are really good picks in terms of value. Spieth I don’t think is a good bet in general considering it’s tough to win The Masters in back-to-back years.

With all the hype and hoopla that goes into defending the green jacket there’s going to be a lot of attention on Spieth. I wouldn’t put it past Spieth to handle all that with ease and go back-to-back, but it’s too risky in my eyes and when you factor in the price, it’s just not a good bet.

McIlroy and Day are both capable of winning at Augusta and probably will win a green jacket at some point in their career. For McIlroy, this is a great shot at achieving the career grand slam.

This year, McIlroy was the favorite and there weren’t many storylines coming in. It was all about will Rory McIlroy achieve the career grand slam? Is this the Rory McIlroy era? Will Rory win his third straight major? The spotlight was entirely on McIlroy.

The 2016 Masters will be different. There are other storylines to follow and as we get closer to April there might be a few more to add on. All the media pundits can talk about Spieth and his quest to defending his green jacket.

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Will Day will win his second major? Is Rickie Fowler ready to win a major? And, of course, you have Phil Mickelson and Tiger Woods taking up a lot of the spotlight, as well.

The point I’m making is McIlroy won’t nearly have the attention and pressure he had this year. McIlroy is still going for the career grand slam, but it’ll almost be an afterthought with so many other things to talk about once April rolls around.

I like McIlroy at The Masters, but I would like to get a little more bang for my buck. It’s not a very sexy line, but I suppose getting McIlroy at 7/1 is about as good as it’s going to get.

Same could be said about Day. Day has the game to win at Augusta, he has come close a few times and now that he got that major at the PGA Championship the monkey is off his back. Majors will be easier to come by for Day from here on out. 10/1 is not great, but I suppose it’s not bad either.

Bubba Watson is built for Augusta and he won’t have all the pressure and media obligations this year.

Dustin Johnson continues to improve at Augusta and gain that valuable experience. I’m not entirely sure this is finally his year to win a green jacket, but at 20/1 that’s a good price. I can’t see it getting much better than that as we get closer to April.

You have to expect Johnson will play the west coast swing well and eventually money will start getting put on Johnson. If you like D.J. you should jump on him now with his price at 20/1.

Justin Rose is probably the best play when you factor in the odds. The green jacket is typically reserved for the truly elite players. You look at the recent list of winners like Spieth, Bubba, and Scott these are the cream of the crop. Rose is apart of that class and at 25/1? Sign me up.

Rose has never missed a cut at Augusta and has finished inside the top 20 in six of ten tries.

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Tiger Woods, Adam Scott, Phil Mickelson, Henrik Stenson, and Jimmy Walker are golfers I, more than likely, won’t be targeting. I would consider Woods if he were 66/1. Woods isn’t a bad play at Augusta, but at 20/1 there isn’t much value there.

Mickelson is only getting older and Scott is a sucker bet. I officially declared that Scott’s major window closed at Whistling Straits. Scott’s putter is terrible and he will have to massively improve in the offseason in order to have any shot.

Stenson has never recorded at top ten at Augusta and J-Walk hasn’t played well in what seems like forever. Things quickly change in golf and I’m sure he’ll have a great west coast swing in 2016, but I don’t want any stock in Walker. Especially, not at 33/1.

Rickie Fowler’s not a bad play. Fowler comes in at 28/1 and he has quietly played well at Augusta. He is five-for-five at Augusta with a T-5 in 2014, and T-12 in 2015. Fowler might be end up being the American Justin Rose here at Augusta.

At 50/1 and at 66/1 I will put a couple of bucks on Kuchar and Westwood. These are some of the best odds I have seen from these two in a long while.

For the last few years they have typically been in the 25/1 range. They didn’t have good showings in 2015, but I’m expecting a bounce back, especially from Kuchar.

Augusta was hit with a lot of rain, it played very soft in 2015. If Augusta is hot and plays fast and slick, experience will be a major factor and both Kuchar and Westwood have all the experience in the world.

One last golfer I’ll mention is Brooks Kopeka. I’m not expecting Koepka to win, but at 66/1, that’s really good value. Koepka’s odds will get shorter the closer we get to April, so this is more of a case in buying low.

Next: Evian Championship: Four Rookies To Watch

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