Best Masters Betting Promos & Bonuses for 2026 Masters Odds

 Whether you’re backing a favorite, hunting for mid-range value or building props around matchups and round scoring, the depth of the field gives you plenty to work with on the best Masters betting sites.

Sign up today for these Masters betting promos and bonuses that from top sports betting apps and earn bonus bets and more to use all tournament week, from the first round on Thursday through Sunday’s final 18 holes.

Best Masters Betting Promos & Bonuses

Masters Betting Sites	Masters Betting Promos	Masters Sportsbook Codes
BetMGM	First-Bet Offer up to $1500 + $50 in Rewards Points (Bet $10, Win $150 in MI, NJ, PA, WV)	SBWIREBRP1500 / WIREBG150
Caesars Sportsbook	Bet $1, Get 10 100% Odds Boosts	SBWIREDYW
bet365	Bet $10 Get $200 in Bonus Bets ($150 in IL)	CLICK HERE
Fanatics Sportsbook	Bet $5, Get $200 in Fan Cash Immediately (offer varies in IL, NY, TN & NC)	CLICK HERE
theScore Bet	$1000 First Bet Reset	SBWIRE
FanDuel	Bet $5, Get $250 if Your Bet Wins	CLICK HERE

BetMGM: Best Overall Masters Betting Site

If you like having full control over how you bet, BetMGM is the move. Use the BetMGM bonus code SBWIREBRP1500 to grab $50 in BetMGM Rewards points just for making a first deposit of $10 or more — plus if your first bet loses, you get the whole thing back in bonus bets up to $1,500.

Here’s how it plays out: Say you put $500 on Scottie Scheffler to win the Masters and he falls short. BetMGM covers you with five equal bonus bets of $100 each. You’ve got seven days to use them on any sport you want. And whether you go with BetMGM or any of the sports betting apps in this guide, bonus bets all work the same way — it only has to hit once for you to pocket the profit in cash.

Caesars Sportsbook: Double Your Profits on Masters Bets

Want to come out ahead from your very first wager? Set up an account with the Caesars Sportsbook promo code SBWIREDYW and as soon as you place a $1 bet on any Masters market, you’ll get 10 100% profit-boost tokens. You’ve got 14 days to use them on one of the most user-friendly Masters betting sites out there.

Two things to know: You need to be betting at odds of -10000 or longer to use a token and the max stake is $25. The most you can add in profit per bet is capped at $2,500. As an example, say Rory McIlroy is listed at +100 to finish in the top five. A standard $25 bet nets you $25 in profit if it hits. Attach a profit-boost token and you’re walking away with $50 instead.

bet365: Score $365 in Guaranteed Masters Bonus Bets

This is about as low-risk and high-reward as it gets. Place a $10 first bet on any 2026 Masters odds. Win or lose, bet365 drops $200 in bonus bets into your account the moment it settles. You’re not going to find a better welcome offer on Masters betting sites right now.

The flexibility is a big deal too. Once the $200 hits, you’ve got seven days to play it on golf or any other sport. And you get to break it up however you want — your call on how much goes on each bet. In Illinois, the offer is slightly different: Bet $10, Get $150.

Fanatics: Score Guaranteed FanCash for Masters Betting

Sign up with the Fanatics Sportsbook promo and you’ll pocket $200 in FanCash just for placing a $5 first bet.

When you’re scanning the 2026 Masters odds on the Fanatics Sportsbook app, zero in on anything at -500 or longer. Place your $5 first bet and as soon as it registers, Fanatics sends you $200 in FanCash with seven days to use it. You don’t even need to wait and see if your bet wins. FanCash works as bonus bets or you can spend it on Fanatics merch — your choice.

Heads up: the offer looks a little different in Illinois, New York, North Carolina and Tennessee. In NC or TN, place one $5 bet per day for four days and you’ll collect $100 in bonus bets each day for a total of $400 in FanCash. You need to opt in on Days 2 through 4. In Illinois, you can get up to a $100 bet match daily for 10 straight days — up to $1,000 total. In New York, it’s a $25 No Sweat Bet per day for 10 days.

Masters Betting on theScore Bet

Last up on our top-five Masters betting sites. Open an account with theScore Bet promo and you’ll get a First Bet Reset up to $1,000.

You pick the amount on your first bet, up to $1,000. If it hits, you already know how good that feels. If it doesn’t, theScore Bet hands back your full wager as bonus bets with seven days to use them.

2026 Masters Betting Promos: Tournament Preview

Scottie Scheffler heads to Augusta as the consensus favorite, sitting anywhere from +450 to +550 depending on the book. He’s the world No. 1, he’s chasing his third green jacket in five years and the sportsbooks are basically daring you to fade him.

Behind Scheffler, the odds tier out quickly — Rory McIlroy at +900 to +1100, Bryson DeChambeau at +1000 to +1200 and Jon Rahm at +1000 to +1400, with Ludvig Aberg and Xander Schauffele lurking further back in the +1400 to +1600 range.

Now that we know Tiger Woods is taking time away from the game, the biggest narrative is McIlroy. He’s coming in as the defending champion after finally locking up the career Grand Slam at Augusta last year and now he’s trying to go back-to-back — something nobody has pulled off at the Masters since Woods in 2001-02. That alone makes his odds interesting. He’s not priced as a longshot by any stretch but there’s enough value there to get bettors’ attention if you believe the pressure of defending actually works in his favor rather than against it.

Scheffler is the safe money and most sharps know it. His consistency at Augusta is almost unfair at this point and he enters with the kind of form that makes fading him feel a little reckless. That said, the short price means you’re not getting a massive return unless you parlay him into other markets — top-5 finishes, round leaders, head-to-head matchups.

If you’re looking for outright value, the +1000-and-up tier is where it gets fun. DeChambeau has the distance to eat Augusta alive on the right week, Rahm has the game and the grudge and Aberg is the young gun who keeps showing up when it counts.