The past four winners, Rory McIlroy, Scottie Scheffler (twice), and Jon Rahm, went off with average odds of +940, and were each among the top-three favorites before Round 1.
Scheffler and McIlroy, the last two winners, were 5/1 and +650, respectively, before their triumph.
But just because the favorites have been winning lately, it doesn’t mean there haven’t been some close calls for long shots.
Justin Rose was 110/1 before he lost to McIlroy in last year’s historic playoff. Phil Mickelson finished T2 behind Rahm as a massive long shot in 2023. And Max Homa outran his 80/1 odds when he finished third in 2024.
And you don’t have to go back too far to find winners who cashed at some big numbers.
Hideki Matsuyama upset the odds as a 45/1 outsider in 2021, and Patrick Reed did the same at 50/1 in 2018.
Those kinds of prices used to be the norm at Augusta. In fact, there was a time when Augusta National was a happy hunting ground for roughies.
Between 2007 and 2011, four different players won the Green Jacket with triple-digit odds. Zach Johnson in 2007, Trevor Immelman in 2008, Angel Cabrera in 2009 and Charl Schwartzel in 2011.
And even though there are some real heavyweights at the top of the board this year, there are some signs that this year’s Masters will be more unpredictable compared to recent iterations.
Scheffler, the clear favorite, has not played much golf lately, and he’s not been his dominant self in the early going this year. McIlroy, the defending champ, has battled back spasms. Jon Rahm and Bryson DeChambeau are in terrific form, but who knows how they’ll fare in this field compared to what they go up against on LIV.
With that in mind, we’ve circled a few long shots who are worth considering in any market.
Few players in this field have more experience at Augusta National than Jason Day.
This will be the Australian’s 14th trip to the Masters, and although he hasn’t won a Green Jacket, he’s had plenty of close calls.
Day was runner-up on debut in 2011, was on the podium with a third-place showing in 2013, and earned three more top-10 finishes since then, including a T8 in 2025.
Day’s 2026 form has been boom or bust, but he’s coming off a T6 at the Houston Open at the end of March, so you like the direction he’s trending.
Augusta is a ball-striker’s course, so it’s no wonder that Corey Conners has put together some impressive displays on this track.
The Canadian has never cracked the top-five at a Masters, but he’s got two T6s and is coming off a T8, his fourth career top-10 in seven starts at Augusta, in 2025.
Conners is coming into the Masters in decent form, with two top-15 finishes in his last two outings.
Corey Conners has four top-10 finishes at the Masters. Getty Images Sungjae Im (110/1, DraftKings) There was a time when it looked like Sungjae Im was on his way to a prodigious career. The South Korean captured PGA Tour Rookie of the Year honors in 2018-19, and then really turned heads with a runner-up finish at the 2020 Masters.
Things haven’t exactly panned out for the 28-year-old since then, but he’s still put together a solid career to date with a couple of PGA Tour wins and plenty of close calls.
Perhaps some of Im’s best work has come at Augusta. Im hasn’t matched his T2 in his first trip down Magnolia Lane, but he’s got two other top-10 finishes in his five starts since then, including a T5 last year.
His form in 2026 has been all over the place due to an injury, but he seemed to get right with a T4 at the Valspar a few weeks back.
If you want to go for a lottery ticket, you could do a lot worse than Dustin Johnson.
His form on LIV is pedestrian, but he’s proven that he can tame Augusta.
Johnson was a runaway winner at the 2020 Masters and was a runner-up the year before. And while he’s missed the cut two years in a row, he’s amassed five top-5 finishes and seven top-15s in 15 starts here.
He’s a boom or bust player, but that’s more than OK at this price.
Michael Leboff is a long-suffering Islanders fan, but a long-profiting sports bettor with 10 years of experience in the gambling industry. He loves using game theory to help punters win bracket pools, find long shots, and learn how to beat the market in mainstream and niche sports.
