2016 Masters Odds and Preview

The 2016 Masters will be the 80th playing of this prestigious tournament, and takes place from April 7-10 at the Augusta National Golf Club in Augusta, Georgia. Below shows recent winners since 2010:

Year Golfer Pre-tourney odds
2015 Jordan Spieth +980
2014 Bubba Watson +2000
2013 Adam Scott +2800
2012 Bubba Watson +3550
2011 Charl Schwartzel +8000
2010 Phil Mickelson +650

And below shows how odds have moved for the 2016 Masters at square sportsbook Bovada:

Golfer Mar 28, 2016 Jan 28, 2016 Oct 2, 2015
Jason Day +650 +700 +800
Jordan Spieth +750 +500 +600
Rory McIlroy +750 +600 +600
Bubba Watson +1000 +1400 +1400
Adam Scott +1100 +2500 +2000
Rickie Fowler +1600 +1600 +2500
Phil Mickelson +2000 +2500 +2000
Dustin Johnson +2200 +1600 +1800
Justin Rose +2800 +2500 +2200
Louis Oosthuizen +2800 +5500 +5000
Charl Schwartzel +2800 +6600 +6600
Henrik Stenson +3000 +2800 +2800
Hideki Matsuyama +3500 +3300 +4000
Brandt Snedeker +4500 +5500 +5000
Patrick Reed +5000 +3300 +3300
Paul Casey +5500 +5000 +5000
Sergio Garcia +5500 +5000 +5000
Danny Willett +5500 +12500 N/A
Marc Leishman +5500 +7500 N/A
Brooks Koepka +6000 +4000 +5000
Brandon Grace +6500 +4500 +6600
Zach Johnson +6600 +6600 +6600
Matt Kuchar +7000 +5000 +5000
Jimmy Walker +8000 +4000 +3300
Jason Dufner +10000 +7500 +12500
Shane Lowry +10000 +10000 +10000
Tiger Woods +10000 +3300 +1400
JB Holmes +10000 +10000 +8000
Bill Haas +10000 +10000 +12500
Ian Poulter +12000 +9000 +6600
Billy Horschel +12000 +10000 +10000
David Lingmerth +12500 +10000 N/A
Luke Donald +12500 +10000 +10000
Victor Dubuisson +12500 +8000 +8000
Kevin Kisner +12500 +6600 N/A
Jonas Blixt +12500 +12500 +10000
Ryan Moore +12500 +10000 +10000
Hunter Mahan +13000 +10000 +10000
Angel Cabrera +15000 +12500 +10000
Andy Sullivan +15000 +17500 N/A
Kevin Na +15000 +10000 +10000
Harris English +15000 +10000 +10000
Russell Henley +15000 +12500 +10000
Graham DeLaet +15000 +12500 N/A
Nick Watney +15000 +12500 N/A
Martin Kaymer +15000 +9000 +10000
Kiradech Aphibarnrat +17000 +12500 N/A
Graeme McDowell +17500 +12500 +12500
Ernie Els +17500 +15000 +15000
Bernd Wiesberger +17500 +15000 N/A
Jamie Donaldson +17500 +12500 +10000
Matthew Fitzpatrick +17500 +8000 N/A
Steve Stricker +17500 +15000 +15000
Ryan Palmer +17500 +10000 +10000
Jim Furyk +17500 +8000 +10000
Danny Lee +17500 +10000 +8000
Keegan Bradley +17500 +8000 +8000
Webb Simpson +17500 +12500 +12500
Emiliano Grillo +17500 +10000 N/A
Lee Westwood +17500 +8000 +6600
Gary Woodland +20000 +10000 +10000
Chris Kirk +20000 +12500 N/A
Padraig Harrington +20000 +20000 N/A
Brendon Todd +20000 +12500 +10000
Charley Hoffman +20000 +12500 N/A
Russell Knox +20000 +12500 N/A
Robert Streb +20000 +15000 N/A
Scott Piercy +20000 +20000 N/A
Streelman +20000 N/A N/A
Thongchai Jaidee +22500 +20000 N/A
Miguel Angel Jimenez +22500 +20000 N/A
Dechambeau +22500 N/A N/A
Fred Couples +25000 +20000 N/A
Anirban Lahiri +25000 +15000 N/A
Vijay Singh +35000 +40000 N/A
Love III +50000 N/A N/A

Obviously odds from a square book like Bovada won’t tell you who the big money is on, but it definitely helps to see which golfers square bettors like, and those are usually the players to avoid.

Over at William Hill sportsbook in Nevada, there’s little surprise as to who the most wagered-on golfers have been thus far:

masters will hill

Over at Westgate Sportsbook in Nevada, it’s a similar story with Spieth getting a ton of money wagered to win it.

Despite Spieth getting the majority of dollars for The Masters, it appears that sharper bettors don’t like his chances as much to win a major this season. Bettors also aren’t as high on Rory McIlroy or Jason Day, despite being the top three favorites heading into this tournament. Below shows the odds movement at William Hill from October to February on winning exactly 0 majors this year:

And below shows even more movement from October to April on winning exactly 0 majors this year:

This could bode well for bettors who like some bigger longshots to win a major this year, and we’ll be taking our shot with some value picks for The Masters once again this year.

Dan McGuire, Operations Manager (Henrik Stenson +3000): I’ve been guilty of taking Stenson a few times in recent years to win a major and although he hasn’t won the big one yet, he’s had four Top-5 finishes in the last 3 years. The beauty about betting futures is the hedging opportunities so despite not winning a major, Stenson has provided backers with chances to hedge on another player to win. He’s playing very well again this year and coming off a 3rd place and 2nd place finish in his last two tournaments. He has the ability to win a major and this year should be his time.

Mark Gallant, Sports Info Specialist (Justin Rose +2800): At those odds, Justin Rose has great value for a player with his track record at Augusta. In ten Masters appearances, Rose has three Top-10 and five Top-15 finishes, highlighted by last year’s tie with Phil Mickelson for second place. With Jason Day potentially dealing with some back pain after it flared up during his recent WGC Match Play victory and Jordan Spieth’s stretch of inconsistent play, Rose has an opportunity to win his second major, but more importantly, wear the green jacket for his first time.

Travis Reed, Bet Labs Manager (Hideki Matsuyama +3500):  Matsuyama quietly ended with a Top-5 finish at Augusta in 2015 and I think he is in a good position to win the Masters this year.  Although he doesn’t have a major win in his career, he has finished in the Top-20 in all four majors and has the game to give you a chance on Sunday.  Prior to the Match Play Championship last week, Hideki finished with tied for 6th in Arnold Palmer’s tournament and earlier this season won a playoff against Rickie Fowler to claim his second career PGA title.  Matsuyama has been in good form recently and has the calm nerves to improve on his finish last year.

Looking for your own value plays and picks? Our friends over at FantasyLabs.com have recently added Golf/PGA so you can start using their developed player tools.

Are there any value picks that you like? Will Sergio Garcia find that elusive first major title? Feel free to leave your thoughts and comments in the space below.

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Dan McGuire

Dan McGuire is the Operations Manager and soccer specialist at Sports Insights. He can be reached at dan.mcguire@sportsinsights.com.

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