Tennessee Sportsbooks Deserve Golf Clap For Masters Betting Promotions

Posted on November 11, 2020 - Last Updated on August 13, 2024

Golf’s biggest competition swings into play this week with the 2020 Masters Tournament.

There will be no in-person attendance at Augusta National throughout the tournament from Thursday, Nov. 12 to Sunday, Nov. 15. All four rounds will instead be televised.

Now that sports betting is legal, Tennesseans can tap into the action from the comfort of home.

2020 Masters odds

Traditionally scheduled for April, the event was postponed until this fall due to COVID-19.

The 84th Masters might be the last major golf tournament of 2020, but it marks the first wherein Tennesseans have skin in the game.

All four Tennessee sportsbooks are capitalizing on Masters betting, though some books have slightly different odds and offerings than others.

Newcomer Bryson DeChambeau is the sweeping favorite to win the coveted green jacket. The 96-player field includes other top contenders like Dustin Johnson, Rory McIlroy, and Jon Rahm.

Matthew Wolff and Brooks Koepka are two notable value picks.

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Current tournament odds at DraftKings are as follows:

Bryson Dechambeau+750
Dustin Johnson+850
Jon Rahm+1050
Rory McIlroy+1300
Justin Thomas+1300
Xander Schauffele+1600
Brooks Koepka+1700
Tyrrell Hatton+2500
Patrick Cantlay+2800
Jason Day+3000
Hideki Matsuyama+3000
Patrick Reed+3000
Tony Finau+3300
Bubba Watson+3300
Collin Morikawa+3500

Betting options for the Masters

Wagering on the outright tournament winner is far from the only option available.

Matchup bets can provide some of the best return. Rather than selecting an all-around top performer, bettors wager on the favored of two selected golfers, with countless pairings to choose from.

Other popular betting markets include:

  • Top 5, top 10, and top 20
  • Group winner
  • Players to make/miss the cut

Additionally, each sportsbook has a range of prop bets to consider, such as:

  • Winning margin
  • Winner nationality
  • Hole-in-one probability
  • Top lefty
  • Top former winner
  • Leader after each round

You can also be get in on the fun via daily fantasy sports, where players receive a salary cap to build a team of six golfers. Results are then based off the in-round performance of each golfer.

In-Game Masters betting

Fans can directly interact with this year’s tournament through in-game betting.

With an action-packed four days of competition, the picks are as far-reaching as the course is long.

Real-time wagers occur on the outcome of individual shots and subsequent holes.

Bets can be placed on which golfer in a group will have the longest drive or will be closest to the pin per individual hole. One could even try their luck on an up-and-down from the fringe or a 15-foot birdie putt.

The multiverse of venture options in the 2020 Masters Tournament will be equally legendary to this renowned classic.

DraftKings Masters promotions

Sportsbooks are teeing players up with ‘Master’ful’ promotions.

DraftKings is running a first-time deposit bonus for new customers to double their money if Bryson DeChambeau makes the weekend cut. Odds increased to +100 from -769.

With DeChambeau currently the odds-on favorite to win the whole thing, that’s a great value. The max bet for this promotion is $50.

The sportsbook also boosted odds that DeChambeau places better than Rory McIlroy, so if you like that matchup, take advantage of those odds.

DraftKings is also incentivizing customers to get in on the college football action this weekend.

New users will get a $10 bonus bet to use on the Masters when they bet at least $20 on a college football game running on Saturday.

Qualifying bets must have -250 odds or longer and the bonus bet can be used on Round 4 of the golf tournament.

BetMGM, FanDuel get in on the Masters fun

Meanwhile, BetMGM has a Lion’s Boost of +450 for reigning champion Tiger Woods to finish in the top 10.

Woods currently sits at +4000 to win the tournament at the sportsbook.

FanDuel is running the Masters Birdie Bonus, where players spin a virtual wheel to determine their bonus amount. Bettors that place a pre-tournament outright winner wager of $50 or more receive a site credit of up to $50 for each birdie and eagle their golfer makes.

Tennessee sportsbooks have nestled bettors pin-high on the dance floor with these promos.

The only thing left to do is sink the putt.

Photo by Associated Press
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Written by
Alec Cunningham

As a college athlete, Alec Cunningham played Division II golf at Tusculum University. She graduated in 2015 with a bachelor’s degree in Journalism and Professional Writing. She then returned to her love of written word in 2000 after working in the music industry as a concert promoter, tour manager and artist developer. As a journalist, she's covered a variety of topics and currently specializes in Tennessee online sports betting and Virginia casino news. She served as a panelist at this year's All American Sports Betting Summit, discussing the ever-evolving role of women in the gambling industry.

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