What Does ‘Masters Tournament’ Mean in Sports?

It’s a specific event: the most famous golf tournament in the world.
For betting, it’s one of the biggest events of the entire year, right up there with the Super Bowl. When you hear someone talk about “betting on The Masters,” they are just talking about placing wagers on that one specific tournament.
Why It’s a Huge Deal for Bettors
What makes The Masters special for betting is that it’s predictable (or at least more predictable than other tournaments). This is for two simple reasons:
- It’s at the Same Course Every Year The Masters is always played at Augusta National Golf Club. This is a huge deal because bettors can rely on “course history.” How a golfer has played there in the past is a great clue to how they might play this year.
- It’s a Small, Elite Field Only the world’s best players are invited. This means you don’t see as many surprise longshot winners. The winner is almost always one of the big-name stars.
Most Popular Ways to Bet on The Masters
- Outright Winner: Simple! Who will win the tournament and get the famous “Green Jacket”?
- Each-Way Bet: A very popular two-part bet. You’re betting on your player to either win or get a “place” (like finishing in the Top 5).
- Top 5 / Top 10 Finish: A safer bet. You win if your golfer finishes anywhere inside the Top 5 or Top 10.
- Matchups: Pitting one golfer against another. You just bet on which of the two will have a better score.
- Props: Fun side bets, like “Will there be a hole-in-one?” or “Who will be the top American player?”