Learn how to successfully place bets and lines on the Masters in Maryland with our comprehensive online sports betting guide, exploring all you need to know about the odds available, expert tips, and much more.
Guide to betting on the Masters tour – MD
For some, spring is all about beautifully colored blooms, from reds and pinks to blues and purples. For others, spring is only about one color: green. The meticulously designed landscape is perfectly green. And dare we ask what color the coveted jacket is among professional golfers? You guessed it; it’s green.
Welcome to Augusta, Georgia, where the Masters is held every spring in April. This prestigious tournament is a tradition that’s been going on since 1934, with golfers all over the world teeing off with just one goal: sporting the green jacket when it’s all said and done.
You can now wager on who will be honored with that bold, beautiful green jacket in Maryland. But, of course, you have plenty of other betting options with MD sportsbooks, which take the golf tournament to a whole new and exciting level.
What is the best sportsbook for the Masters in Maryland?
We reviewed quite a few MD sportsbooks in our quest to find the best odds available when betting on the Masters. We also looked at the sign-up bonuses, customer service, deposit methods, and promotions.
Based on our findings, these are the best sportsbooks in Maryland for Masters betting:
- DraftKings: This sports betting magnate is well-established with a great reputation. Look for player matchups and prop bets when betting on the Masters with DraftKings.
- FanDuel: Another leader in the industry, FanDuel’s odds are hard to beat when it comes to the Masters.
- PointsBet: From the land down under, this sportsbook offers some of the most imaginative, innovative golf wagers out there, making for a bonzer online betting experience (that means first-rate, mates).
- BetMGM: What do you get when an entertainment company creates a sportsbook? Pure greatness. That’s BetMGM of MGM Resorts International, a sportsbook where dead-heat rules don’t apply, and the odds are show-worthy.
- Barstool: From a controversial sports blog to an incredibly popular sportsbook, Barstool might be last on this list but should always make yours.
Understanding Masters betting and odds
Of course, odds can be a bit overwhelming to look at, especially if you are a beginner. But don’t worry, that’s why we are here – to help you figure it all out.
The best way to explain how Masters betting works in Maryland is with examples. Therefore, we will explain the odds alongside the most common type of Masters to give you an idea of how Masters betting works in real life. Once you are through reading this section, you will be on par with experienced golf bettors.
Before we get started, though, we want to make sure that you understand why golf betting odds look the way they do. It’s of utmost importance to get why some odds are positive while others are negative so that you can quickly wrap your mind around what your profit will be and if it has the kind of value you are looking for.
IMPORTANT BETTING TIP REGARDING POSITIVE (+) AND NEGATIVE (-) SYMBOLS:
In the world of event betting in Maryland, the negative (-) value denotes that the player, team, or outcome is the favorite, while the positive (+) value means that the corresponding player, team, or outcome is the underdog.
- Positive (+) Symbol = Favorite
- Negative (-) Symbol = Underdog
Sportsbooks will shift the odds to make sure there is even action on both sides. If bettors are lending heavily towards one side, the sportsbook will make up the profit for the other side to encourage more people to jump on that side and take the risk.
Picking the outright winner – Masters tournament
Choosing the outright winner is the most common type of Masters wager. It’s basically a money line bet with favorites going as low as +1000 with long-shots listed as high as +200000.
A sportsbook will provide the odds for every golfer playing in the Masters Tournament. It will look something like this:
- Player 1: +800
- Player 2: +1,100
- Player 3: +5,000
- Player 4: +6,600
- Player 5: +10,000
In this example, the sportsbook is saying that Player 1 is the +800 favorite to sport the green jacket. Therefore, you would make a profit of $800 on a $100 bet with these odds.
If you decide to go with a long-shot, such as Player 5, you could make $10,000 on a $100. The risk is much higher; therefore, the reward is much bigger.
Of course, bettors should always be mindful that the Masters is a tough tournament showcasing only the best of the best in the world of golf. So there’s always risk involved, even when betting on the favorite. Your goal is to study the odds boards so that you can make informed decisions.
Speaking of the odds boards, MD sportsbooks offer other wagers that are popular among bettors looking to cash in on the Masters. Let’s take a look.
Masters tournament odds in Maryland: Proposition bets
Proposition (prop) bet is a wager on some type of action or outcome that will occur during the Masters. Sportsbooks in Maryland can get really creative with prop bets, making it one of the most interesting and exciting wagers in golf betting.
Here are several examples showing how MD sportsbooks might set the odds for different prop bets.
Will there be a hole-in-one?
An MD sportsbook sets the odds for a hole-in-one happening at -190. That means if you will have to bet $190 to win $100.
On the other hand, if you bet that there won’t be a hole-in-one during the Masters and win, you make a profit of $145 on a $100 bet.
Who will be the top American?
American Golfer A: +500
American Golfer B: +1200
American Golfer C: +1500
You bet $100 on Golfer A and win. That means you make a profit of $500. A $100 winning bet on Golfer B earns you a profit of $1,200. Or say Golfer C wins. Then, your $100 bet on the long-shot top American gets you a nice profit of $1,500.
There a plenty of other choices when it comes to nationality in the Masters. You can bet on the top Mexican, the top Australian, or the country the winner of the green jacket is representing.
Will there be a double eagle?
If you bet $100 on the fact that there will indeed be a double eagle, you pocket $1,500 on a $100 bet. Say you bet no, there will not be a double eagle in the Masters. You win. You would have to bet $4,000 to win $100.
Masters Tournament odds in Maryland: Matchup Bets
Sports enthusiasts can bet on player-to-player odds. Usually, it’s two golfers that have fairly close outright winner odds, so sportsbooks will keep the lines around -110. You can bet on which golfer will win a specific round or the entire Masters Tournament.
Masters Tournament odds in MD: Finishing Position Bets
Sportsbooks will list the odds for the Top 20, Top 10, and Top 5 golfers. You are betting on which golfer will end up finishing in 1st, 2nd, 3rd, 4th, and 5th place, for example.
Be sure to read the MD Sportsbook’s dead-heat rules so that you know what your payout will be in the event of a tie. Most oddsmakers will split the winnings based on how many players tied in that position.
Masters Tournament – Over/Under (Totals) Bets
In an over/under (totals) wager, you are betting whether a final score will be over or under a specific number set by an MD sportsbook.
Here are a couple of examples of over/under bets in the Masters:
Masters Tournament – Straight forecast and each-way betting
You can bet on the winning order of the top two ranked golfers playing in the Masters Tournament in a straight forecast wager.
In an each-way wager, you place two separate bets on two golfers. You are picking an outright winner and who will finish in the Top 3 or Top 5 spot.
Masters – Live Betting
Live betting has to be one of the most exhilarating experiences when it comes to online sports betting. You are right there on the green, surrounded by gorgeous landscaping, watching each putt, chip, or pitch closely. At least it feels that way with live betting.
All of our top Maryland sportsbooks (we will get to those shortly, hang tight) offer live betting, and you should definitely take advantage of this exciting and potentially profitable method of betting on the Masters.
Odds shift as the action unfolds in Augusta, so pay close attention when making predictions, and you might just see a big payday. Either way, live betting is thrilling.
Choosing an MD sportsbook for the Masters
Betting on the Masters online in Maryland is easy, especially now that you have all of the details about the different types of wagers and how the odds work.
The only thing left to do is sign up with MD sportsbooks so you can start legally betting on the Masters in the Old Line State.
If you are new to the world of online sports betting, you have come to the right place. Here’s how to sign up with a sportsbook in just four steps.
- Step 1: Sign up for an account by entering your personal details (name, address, valid email address, phone number)
- Step 2: Create a username and strong password.
- Step 3: Verify your identity.
- Step 4: Deposit funds into your account. Most sportsbooks accept major credit and debit cards, PayPal, or bank account information. Be sure to look into this before signing up to make sure your preferred method of payment is accepted.
It takes less than 10 minutes to create an account on your computer or mobile device, and once you verify your identity and agree to all of the sportsbook’s terms, you can begin betting on the Masters in Maryland.
FAQ’s About Masters betting Maryland
Can I legally bet on the Masters in Maryland?
You can now legally bet on sports in Maryland. The list of sports you can bet on is expansive, and golf (i.e. the Masters) is definitely on the list.
What Masters bet will make me the most money?
Well, that’s a loaded question that we wish we had the answer to. We can give you a few tips, however. Always compare odds. If you can make more money with one sportsbook over another, wouldn’t you want to? Second, try to eliminate any emotional decision-making. It’s tough, but you want to make informed decisions when it comes to your wallet and whether it will be fat or slim.
What does the green jacket in the Masters symbolize?
Augusta National members proudly donned the green jacket from 1937-1948. Sam Snead was the first to be awarded the green jacket after winning the 1949 Masters Tournament, with all previous winners honored retroactively. It’s become quite the icon since.
Should I sign up with more than one Maryland sportsbook?
Yes, you should definitely sign up with more than one Maryland sportsbook when betting on the Masters or any sport. You can shop the lines and make the most of sign-up bonuses and promotions.
What is Amen Corner, and why is it called that?
Herbert Warren Wind, a sportswriter, described the incredibly difficult holes 11-13 as “Amen Corner” in the late 1950s, and it stuck. We imagine players have a moment of silence, think good thoughts, or say a prayer before teeing off on these holes.