Updated 2025 Masters betting odds heading into Round 3 at Augusta National

Justin Rose may be the 36-hole leader at the 2025 Masters, but he's not the favorite to win.
Rory McIlroy during the second round of the 2025 Masters at Augusta National
Rory McIlroy during the second round of the 2025 Masters at Augusta National | Richard Heathcote/GettyImages

The first 36 holes of the 2025 edition of The Masters are in the books, and the weekend at Augusta National Golf Club is shaping up to be an all-time classic.

Heading into Saturday's third round, 15 players are within five shots of leader Justin Rose, who couldn't quite match the firepower he had during Thursday's opening-round 65 but scratched and clawed his way to a 1-under 71 on Friday, thus putting him at 8-under heading into the weekend.

But despite sitting alone atop the leaderboard for the second straight day, Rose is not the betting favorite to slip on the green jacket come Sunday evening. In fact, the Englishman isn't even in the top three, holding the fourth-shortest odds at +800.

Sitting one spot ahead of Rose is defending champion Scottie Scheffler, who made five bogeys on Friday but still fired a 1-under 71 thanks to six birdies on his scorecard. The world No. 1 is one of four players sitting three shots back at 5-under and enters the third round with +360 odds to win a third green jacket in four years.

Taking the top two spots are Rory McIlroy and Bryson DeChambeau, who are actually co-favorites at +330.

McIlroy, who gave away four shots down the stretch on Thursday en route to an even-par 72, bounced back beautifully in Round 2, making four birdies and an incredible eagle on the way to a bogey-free 66.

At 6-under for the week, Rory sits only two back of his Ryder Cup teammate in a tie for third with Corey Conners, who currently owns the fifth-shortest odds at +1200.

DeChambeau, who was tied for the lead at this point in the tournament a year ago, will play alongside Rose in the final pairing on Saturday after shooting a 4-under 68 on Friday to get to 7-under.

2025 Masters betting odds for all 53 players who made the cut

Here's a quick look at the updated betting odds for each of the 53 players who made the cut at the 2025 edition of The Masters as we head into Moving Day.

Player

Odds

Rory McIlroy

+330

Bryson DeChambeau

+330

Scottie Scheffler

+360

Justin Rose

+800

Corey Conners

+1200

Shane Lowry

+1600

Collin Morikawa

+1900

Tyrrell Hatton

+2000

Viktor Hovland

+2800

Ludvig Åberg

+2800

Jason Day

+3500

Hideki Matsuyama

+3500

Xander Schauffele

+4500

Matt McCarty

+7500

Rasmus Højgaard

+7500

Tommy Fleetwood

+8000

Patrick Reed

+9000

Sungjae Im

+9000

Min Woo Lee

+17000

Justin Thomas

+17000

Brian Harman

+17000

Michael Kim

+20000

Sam Burns

+30000

Jon Rahm

+35000

Wyndham Clark

+40000

Davis Riley

+50000

Harris English

+50000

Daniel Berger

+60000

Sahith Theegala

+60000

Matt Fitzpatrick

+60000

Nico Echavarria

+70000

Jordan Spieth

+70000

Joaquín Niemann

+70000

Davis Thompson

+70000

Bubba Watson

+70000

Aaron Rai

+70000

Max Homa

+90000

Maverick McNealy

+100000

Patrick Cantlay

+100000

Nick Taylor

+100000

Tom Hoge

+150000

Akshay Bhatia

+150000

Byeong Hun An

+150000

Max Greyserman

+250000

Tom Kim

+250000

J.J. Spaun

+250000

Stephan Jaeger

+250000

J.T. Poston

+250000

Denny McCarthy

+250000

Charl Schwartzel

+250000

Zach Johnson

+500000

Brian Campbell

+500000

Danny Willett

+500000

All betting odds courtesy of DraftKings. Game odds refresh periodically and are subject to change. The content in this article should not be considered betting advice. Gambling involves risk, and one should only gamble with funds that one can comfortably afford to lose. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.

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