The 2026 Masters will begin next week in Augusta, Georgia, and a familiar face — Scottie Scheffler — is the betting favorite to win the first major of the year at +500 odds at BetMGM.

Scheffler won the 2024 Masters by four strokes — his second green jacket — and came in fourth place last year at -8, three shots behind 2025 Masters winner Rory McIlroy (-11), who won his first title at Augusta in a playoff over Justin Rose. Patrick Reed (-9) finished in third.

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Scheffler was a +450 favorite entering last year’s tournament and a +500 favorite entering the 2024 Masters.

McIlroy and two-time U.S. Open champion Bryson DeChambeau have the next-best odds to win this year’s tournament at 10-1, followed by Jon Rahm (12-1), Ludvig Aberg (14-1) and Xander Schauffele (14-1). No other golfers have odds better than 20-1 at BetMGM.

Scheffler has continued his terrific form so far in 2026, winning The American Express in January and finishing in the top 25 in every tournament he’s played in — including three top-five finishes.

All eyes were on the status of Tiger Woods, who was involved in a car crash last Friday afternoon, and was arrested after failing a field sobriety test. Police officers discovered two hydrocodone pills in his pants pocket and Woods told police he was looking at his phone before the crash, according to an affidavit released on Tuesday.

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Woods, a five-time Masters champion, was still among the list of entries as of Tuesday afternoon — and had 250-1 odds to win at BetMGM — but he announced that he’s stepping away from golf “for a period of time” to seek treatment and focus on his own recovery.

The Masters is usually the most-bet golf event of the year, both due to its popularity and because sportsbooks now keep futures odds on the tournament open nearly year round.