The Masters is the most prestigious tournament on the PGA Tour. The 2019 Masters Tournament ended with Tiger Woods claiming a stunning victory over the field.
Each year, golfers compete at Augusta National Golf Club, and the winner earns the hallowed green jacket.
If you’re new to the event or betting on it, let us at Play NJ walk you through the basics to get you into the swing of things.
Best NJ online sportsbooks for Masters golf betting
Where can you bet on The Masters in New Jersey?
Here in New Jersey, there are almost two dozen sportsbook options for Masters betting. If you are inside state lines and have access to one of the 13 sportsbook apps or can visit one of 10 retail books, you can bet on the 2019 Masters.
Don’t get fooled by the offshore companies, which are unsafe and illegal. There are many legal options that we’ve reviewed and recommend. The best books will have a large variety of options for betting on the Masters.
NJ online sports betting sites
|Online Sportsbook||Atlantic City Partner||App||Sportsbook Bonus|
|DraftKings Sportsbook||Resorts AC||Yes||Up to $500 - click here|
|Betstars NJ||Resorts AC||Yes||UP to $500 - click here|
|FanDuel Sportsbook||Meadowlands||Yes||$500 risk-free bet - click here|
|PointsBet||Meadowlands||Yes||$50 + Up to $1,000|
|Caesars Sportsbook||Caesars AC||Yes||$10 free / BETFREE10|
|SugarHouse Sportsbook||Monmouth Park||Yes||Up to $250 / PLAY250|
|Golden Nugget Sports||Golden Nugget AC||Yes||$50 free bet|
|888 Sport||Caesars||Yes||$10 free - click here|
|Resorts||Resorts AC||Yes||Up to $250|
|PlayMGM Sports||Borgata AC||Yes||$100 cash back|
|William Hill NJ||Monmouth||Yes||Up to $50|
|BetAmerica Sport||Golden Nugget AC||Yes||Up to $500|
|Hard Rock||Hard Rock AC||Yes||Up to $1,000|
NJ retail sportsbook locations
|Casino/racetrack||Sportsbook||Sports betting partner(s)||Open?|
|Borgata||Borgata Race & Sports Bar||IGT||Yes|
|Resorts||DraftKings Sportsbook at Resorts||DraftKings/Kambi; SBTech||Yes|
|Ocean Resort||William Hill Sportsbook @ Ocean Resort||William Hill||Yes|
|Monmouth Park||Monmouth Park Sports Book by William Hill||William Hill||Yes|
|Harrah's||The Book||Scientific Games||Yes|
|Hard Rock||Hard Rock Sportsbook||GiG||Yes|
|Golden Nugget||The Sportsbook||SBTech||Yes|
|Bally's||Wild Wild West Sportsbook||Scientific Games||Yes|
|Tropicana||William Hill Sports Book at Tropicana Atlantic City||William Hill||Yes|
When and where to watch the Masters
The Masters airs on two different networks, depending on the round.
The first two rounds of the 2020 Masters will air on ESPN, which means it will broadcast Thursday, April 9, and Friday, April 10.
When the tourney moves into round three and four, CBS will host coverage Saturday, April 11, and Sunday, April 12.
Understanding golf odds
The first thing you need to know is how to read the odds.
When you first open up an NJ online sportsbook and visit the golf section to read the odds, you will likely see something like the following:
Example odds to win the Masters:
- Jordan Spieth: -150
- Tiger Woods: +110
- Brooks Koepka: +500
What you want to look for here is the sign in front of the odds. If it’s a minus sign, as it is with Spieth, that indicates the amount of money you’d bet to win $100. In this case, $150.
On the other hand, if it’s a plus sign, as with the other two golfers, that tells you how much you’ll win if you bet those golfers and they come through. In this case, you’d win $110 on Woods if he won and $500 on Koepka.
You don’t have to bet in those increments, but this gives you an idea of how the lines work.
Betting on the Masters 2019
The odds on the 2019 Masters Tournament are up. Here’s the short list of golfers favored to win it all at NJ’s top sportsbooks (odds are as of April 5).
2019 US Masters Winner Odds
*For a full list of all 64 players available, visit any of the NJ sports betting sites listed above.
Let’s take a closer look at who is the best bet to win it all at Augusta.
Who has the best chance to win the Masters?
Johnson has started the year on fire with six Top 10s in his last eight starts. That includes a win at the WGC-Mexico Championship.
There is some concern about his previous outing, which was a tie for 40th at the WGC-Dell Technologies Match Play, and he also doesn’t have a great track record at Augusta (just three Top 10s in eight visits).
However, his skills are tailor-fit to the course, and it seems like it’s just a matter of time before he breaks through.
At 12/1, he might be worth a look at Augusta. Rose is a player who has been remarkably consistent this season.
He started the year with three Top 3s in his first four events. He’s cooled off a bit with a 63rd at the Arnold Palmer Invitational, but he rebounded with an eighth at the Players Championship.
The World No. 1 has five Top 10s at the Masters, including second-place results in 2015 and 2017.
Rahm is a little bit further down the board but someone who has a decent chance to break through.
He’s been excellent this year with just one finish outside of the Top 25. He has eight Top 12 results in his last nine starts. He had a couple of Top 5 finishes at majors last year, so the moment shouldn’t be too big for him.
Masters betting tips
Track the course’s history
The Masters Tournament is played at Augusta National Golf Club every year, so you can rely on course history to see how players perform there.
When you’re betting on a golfer, make sure he has a strong track record on the course with either wins or close calls. You’ll want to avoid players who have consistently struggled at Augusta.
Which players’ strengths play well to the course?
Somewhat of an extension of the first point, you’ll want to have a good understanding of Augusta National Golf Club as certain types of skill sets play well to the course.
For example, Greens In Regulation tends to be an essential number as from 1994-2014, the winner at Augusta was in the Top 5 of that stat 14 times.
Over the years, they’ve extended the course, so it plays well to the big bombers off the tee like Johnson and Bubba Watson.
Guys like Matt Kuchar and Jason Dufner, who don’t drive the ball as well, are less likely to succeed on this long course.
One important factor to consider when betting on golf is the current form.
Take a look at the players who are performing at a high level going into the event and make your pick from that crop. That could mean a number of wins or Top 10s heading into the event.
Betting on a player that has missed multiple cuts and is struggling is generally considered a risky proposition.
Top 5 golf bets
This type of bet allows you to pick who will win the Masters tournament. It’s a risky bet as the player you choose has to win it all, but it also has the highest payout.
2. Top 5/Top 10
Another option is to bet on a player to finish in the Top 5 or the Top 10. This gives you a wider margin of victory, but your payout decreases a little bit.
3. Make the cut
This prop bet allows you to bet on whether a player will make or miss the cut.
4. Head-to-head betting
This type of bet pits two golfers against each other. Then you have to decide which of the two will have the lower score at the end of four rounds (and which golfer will finish better).
If you’re not interested in placing a bet before the tournament starts, you can also live bet the Masters. This gives you the opportunity to see the golfers play a round or two before you jump in and make your bet.
The previous 10 winners at the Masters
- 2018: Patrick Reed (-15)
- 2017: Sergio García (-9)
- 2016: Danny Willett (-5)
- 2015: Spieth (-18)
- 2014: Watson (-8)
- 2013: Adam Scott (-9)
- 2012: Watson (-10)
- 2011: Charl Schwartzel (-14)
- 2010: Mickelson (-16)
- 2009: Ángel Cabrera (-12)
- 2008: Trevor Immelman (-8)