2024 Masters odds: Last week’s runner-up is this week’s long shot pick at Augusta National

Major season begins this week with the 2024 Masters at Augusta National, and we’re picking a winless pro who finished runner-up last week as our long shot to win. Here’s our pick, the Masters odds, betting favorites and everything else you need to know.

Masters odds: Long-shot bet

For the first men’s major of the year, we’re picking Denny McCarthy as our long shot to win. McCarthy comes in to Masters week with +10000 odds to win, but there are a few reasons we think he has an outside shot to shock the world.

On Sunday at the Valero Texas Open, McCarthy put on a clinic in the final round, making birdie on eight of his final nine holes to shoot 63 and force a playoff with Akshay Bhatia.

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McCarthy was udnone when a distraction led to a water ball on the first playoff hole, adding another chapter to his growing book of near-misses. But the key to McCarthy’s fine play was otherworldly putting, something that is essential to winning at Augusta.

Is it likely a Masters rookie captures his first PGA Tour win at Augusta National? No, but McCarthy is long overdue, and he will have extra fire in his belly after last week’s disappointment.

If you risk $10 on McCarthy to win the green jacket and he does, you’ll earn $1,000. For insurance, consider placing additional small bets on McCarthy to finish top 10 and top 20.

Looking for more long-shot bets for the Masters? Our honorable mentions this week are Brian Harman (+6600) and Corey Conners (+6600).

Masters odds: The favorites

If you’re looking for a Masters betting favorite, look no further than World No. 1 Scottie Scheffler, who comes in to the week with +400 odds to win.

Rory McIlroy comes in second at +1000, followed by defending champion Jon Rahm at +1200. Filling out the top five in betting favorites are Xander Schauffele (+1600), Brooks Koepka (+2000), Hideki Matsuyama (+200) and Jordan Spieth (+2000).

You can see the top 15 in Masters betting odds as of Monday afternoon below or head over to BetMGM to see the full list of odds and bets for this week.

2024 Masters betting odds (Top 15 and ties)

Scottie Scheffler (+400)
Rory McIlroy (+1000)
Jon Rahm (+1200)
Xander Schauffele (+1600)
Brooks Koepka (+2000)
Hideki Matsuyama (+2000)
Jordan Spieth (+2000)
Joaquin Niemann (+2500)
Ludvig Aberg (+2500)
Viktor Hovland (+2800)
Will Zalatoris (+2800)
Wyndham Clark (+2800)
Patrick Cantlay (+3000)
Bryson DeChambeau (+3300)
Cameron Smith (+3300)
Dustin Johnson (+3300)
Justin Thomas (+3300)

Kevin Cunningham

Golf.com Editor

As managing producer for GOLF.com, Cunningham edits, writes and publishes stories on GOLF.com, and manages the brand’s e-newsletters, which reach more than 1.4 million subscribers each month. A former two-time intern, he also helps keep GOLF.com humming outside the news-breaking stories and service content provided by our reporters and writers, and works with the tech team in the development of new products and innovative ways to deliver an engaging site to our audience.