2023 Masters odds, predictions: Favorites, picks and Tiger Woods odds

April is here, which means the 87th edition of the Masters is almost here! Let's dive into the latest tournament information, odds, field and more.

2023 Masters Tournament Dates: Thursday through Sunday
Course: Augusta National Golf Club in Augusta, Georgia

Recapping Last Year

Scottie Scheffler is the defending champion from the 2022 Masters tournament. He won the tournament by three strokes over Rory McIlroy, with a final score of 10-under 278.

Last year, Scheffler finished off a stellar 56-day stretch of golf with clinching his fourth victory at the Masters. Despite a four-putt on the last hole, he finished the final round with a score of 1-under 71.

Scheffler had tied for the lead with Cameron Smith when he chipped in for a birdie on the third hole, while Smith made a bogey. No other player came close to catching Scheffler for the remainder of the tournament.

Rory McIlroy made an impressive closing round, sinking a bunker shot for birdie on the 18th hole and tying the record for the lowest closing round at the Masters with a score of 64.

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Who are the Masters Favorites?

Scheffler and McIlroy (+700) are the co-betting favorites at FOX Bet. Jon Rahm (+900), the No. 2 player in the World Golf rankings, is the third betting choice.

What are the odds of Tiger Woods winning the Masters?

Last year, Tiger Woods recorded a score of 13-over-par and finished 47th. This was the worst score of his professional career at Augusta. In 2023, Woods hopes to bounce back, and his odds are currently set at +6600 (bet $10 to win $670 total) to win it all.

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What's new to the course in 2023?

A change has been made to the tee on the par-5 13th, resulting in an extension of approximately 35 yards, which now measures 545 yards. As a result, it is anticipated that players will require a 4-iron or greater club to reach the green in two shots.

Masters Odds & Field

(odds provided by FOX Bet)

RELATED: Complete Masters odds list

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Expert picks

For a betting expert's perspective on the Masters, we consulted with FOX Bet Trading Operations Senior Manager Dylan Brossman.

Brossman delivered, just like a golfer ripping their drive down the middle of the fairway on the 18th hole. Not only does Brossman make a pick for the next golfer to wear the green jacket, he gives his thoughts on Tiger Woods' chances and offers a variety of picks to suit the tastes of all bettors.

"Weather will certainly play a factor this week with rain forecasted for much of the tournament; cold, wet conditions and extended tee boxes will favor longer hitters, especially over the weekend," Brossman said. "In addition to distance off the tee, I’m also looking for golfers who possess great feel around the greens, are in great form and have had previous success at Augusta."

Speaking of success, Tiger owns five green jackets but Brossman pointed out Woods has played only one tournament this season.

"That being said, Tiger certainly passed the ‘eye test’ at The Genesis in February, making the cut and finishing tied for 45th," Brossman explained. "Tiger did have a noticeable limp at times and Augusta is not an easy track to walk four days straight, especially when temperatures dip into the 50s over the weekend.

"I expect Tiger’s experience and willpower to get him through the cut, but expecting much more than that from Tiger at this stage in his career is asking a lot. I will be rooting for him to prove me wrong."

PICK: Tiger Woods to make the cut (-250 at FOX Bet, bet $10 to win $14 total)

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For a pick to win the tournament, Brossman likes 2015 Masters champion Jordan Spieth., who offers good value at +1600.

"It’s tempting to go chalk and pick one of the ‘Big Three’ – Rory McIlroy, Scottie Scheffler, Jon Rahm – but their odds are too short for me to justify choosing one over the other at this point."

Brossman said Spieth's short game – he ranked seventh for approach accuracy from 150-175 yards – should have him in contention on the weekend.

"Spieth is a magician around the greens, has an impressive résumé at Augusta, and is playing some great golf lately – his last four PGA events, he tied for fourth, tied for 19th, tied for third and tied for 31st," Brossman said. "It’s been eight years since Spieth put on the green jacket, but the drought is about to end."

PICK: Jordan Spieth to win the Masters (+1600 at FOX Bet, bet $10 to win $170 total)

LONGER SHOT PICKS

"Viktor Hovland ranks eighth in strokes gained off the tee and has plenty of power to get around Augusta in damp conditions. The weakest area of Hovland’s game is undoubtedly his short game, but his scrambling numbers have improved quite a bit, moving up to 29th on tour from 99th last season. Hovland has experience at the Masters (tied for 27th, tied for 21st, tied for 32nd) but has yet to crack the Top 20. I expect that to change this week with Hovland in contention over the weekend."

PICK: Viktor Hovland to place in Top 10 (+275 at FOX Bet, bet $10 to win $37.50 total)

Long hitter Will Zalatoris has finished in the Top 10 in six of his past eight majors, finishing second in 2021 and tying for sixth last year at Augusta.

"Putting has been the downfall of Zalatoris for much of his early career, but he clearly likes the greens at Augusta," Brossman noted. "His recent form has not been overly impressive – tied for 59th, 73rd, tied for 53rd – so I am not confident he will continue his Top-10 streak at the Masters, but I like his chances to remain in the Top 20."

PICK: Will Zalatoris to place in Top 20 (+115 at FOX Bet, bet $10 to win $21.50 total)

For his high risk/high reward selection, Brossman likes Chile's Mito Pereira, who joined the LIV in February. Pereira tied for fourth, tied for 45th and tied for 18th in three PGA Tour events in October after he had a three-shot lead heading into the final round of the 2022 PGA Championship but faltered on the final hole and tied for third.

"His success has continued on the competing tour, boasting the fourth-best average finishing position on LIV, including two Top 10s," Brossman said. "Mito is clearly in great form, but this will also be his first appearance at the Masters. Perhaps this will be his opportunity at redemption after letting the PGA Championship slip away last May."

PICK: Mito Pereira to win the Masters (+10000 at FOX Bet, bet $10 to win $1,010 total)

Are you ready to get in on the Masters action? Head over to FOX Bet to place your wagers now!

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