The Masters Golf Tournament Bitcoin Betting

Welcome to GOSUBETTING’s helpful guide on betting on The Masters with Bitcoin. This is an eagerly anticipated first major golf tournament of the year. We’ll look at past winners, including Tiger Woods’ iconic wins. We also eagerly anticipate the introduction of new talents looking for their first major win. Get some great insights to be able to make a successful Bitcoin betting strategy for the upcoming tournament. Read on for an in-depth look at The Masters, filled with helpful tips for a fruitful betting experience.

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The Basics

The Masters, held in April, starts with players arriving at Augusta National on Monday, preparing for the challenges ahead. This week includes practice rounds, strategic planning, and insightful press conferences.

The Champions Dinner on Tuesday, hosted by the defending champion, is a revered tradition. The par 3 contest on Wednesday, a fun event with legends participating, precedes the main tournament beginning on Thursday with a ceremonial tee shot. The cut after Friday narrows the field based on the ten-shot rule or top fifty. While the real drama unfolds on Sunday’s back nine, the entire week offers a captivating build-up.

Key Players

As the excitement builds for The Masters, anticipation surrounds the potential for record-breaking performances. The 2019 tournament, marked by Tiger Woods’ remarkable comeback, set a high bar. Key players to watch include Rory McIlroy, looking for a career grand slam, and Brooks Koepka, known for his cool demeanor and strong game.

Spaniards have a history of success at Augusta, with Jon Rahm being a strong contender. Also, Jordan Spieth, a recent standout at The Masters with his affinity for Augusta’s greens, has had a solid season start, making him another player to keep an eye on.

The Masters Golf Bitcoin Betting

Tiger Woods At the Masters

Tiger Woods’ legacy at The Masters is unparalleled, with five green jackets to his name. His performance history at Augusta National has been a mix of wins and challenges, reflecting his journey in the sport. While his participation in the 2024 Masters remains uncertain due to health concerns, Tiger Woods’ history at The Masters is a testament to his golfing prowess. His performances at Augusta National, along with his odds highlight his journey:

  • 2023: Withdraw, Odds: +5000
  • 2022: 47th place, Odds: +6000
  • 2020: Tied for 38th, Odds: +4000
  • 2019: Winner, Odds: +1400
  • 2018: Tied for 32nd, Odds: +1200
  • 2015: Tied for 17th, Odds: +4000
  • 2013: Tied for 4th, Odds: +400
  • 2012: Tied for 40th, Odds: +450
  • 2011: Tied for 4th, Odds: +900
  • 2010: Tied for 4th, Odds: +500
  • 2009: 6th, Odds: +220
  • 2008: Tied for 2nd, Odds: +130
  • 2007: Tied for 2nd, Odds: +150
  • 2006: Tied for 3rd, Odds: +200
  • 2005: Winner, Odds: +350
  • 2004: Tied for 22nd, Odds: +350
  • 2003: Tied for 15th, Odds: +150
  • 2002: Winner, Odds: +200
  • 2001: Winner, Odds: +150
  • 2000: 5th, Odds: +200
  • 1999: Tied for 18th, Odds: +700
  • 1998: Tied for 8th, Odds: +700
  • 1997: Winner, Odds: +800
  • 1996: Missed Cut, Odds: +6500

Woods’ history at The Masters ranges from dominant victories to years of challenge, underscoring his significance in the sport’s history.

Brief History of The Masters

Every April, Augusta, Georgia, hosts the Masters Tournament, where golf’s elite compete for the coveted green jacket and a place in golf history. The Masters, first held in 1934, is always at Augusta National Golf Club. Its timing, during the first full week of April, strategically falls between March Madness and the NBA and NHL playoffs.

The Masters is known for its small field of 85-95 golfers, invitation-only. The tournament is steeped in tradition, from the iconic green jacket to the Champions Dinner, set by the previous year’s winner, on the Tuesday before the tournament. Jack Nicklaus was a record holder with six Masters victories until Tiger Woods caught up at five. In 2001 and 2002 Tiger Woods was the last golfer to claim back-to-back masters, with Jon Rahm having now won his first Masters in 2023. This rich history and exclusive participation make the Masters a unique and highly anticipated event in the golf world.

The Masters Fun Facts

The Masters Tournament is full of fascinating history, here are some fun facts about The Masters:

  • Horton Smith, the first winner in 1934, was paid from funds pooled by 17 club members due to the club’s financial struggles.
  • Designer Alister MacKenzie died before Augusta National’s completion, never seeing the finished course.
  • Initially planned as a 19-hole course, the idea was abandoned due to economic reasons and viewing issues.
  • The green jacket was originally an usher’s coat for club members.
  • During WWII, Augusta National hosted cattle and turkeys to make money, reopening in 1944.
  • The term “The Masters” was first used in 1938 by Clifford Roberts.
  • Augusta National wasn’t the first choice; the founders initially wanted to host the 1934 US Open.
  • Until 1982, players couldn’t use their own caddies, they had to use local ones familiar with the course.
  • Three bridges on the course are named after golf legends: Hogan Bridge, Nelson Bridge, and Sarazen Bridge, each commemorating significant moments or achievements.

When is The Masters

The Masters starts with some practice games leading to the 2024 version between April 8 and 14. From April 7-13 of 2025, April 6-12 of 2026, and April 5-11 of 2027. It is a well-known yearly public event that takes place every year on the premises of Augusta National Golf Club located in the area called Georgia, famously known for its rich history as well as beautiful scenery.

The Qualifiers

Qualifying for the Masters involves several criteria, including:

  • Past Masters Champions.
  • Winners of the other three Grand Slams from the past five years.
  • Past winners of The Players Championship within the last three years.
  • The Summer Games Gold Medal Winner (one year).
  • US Amateur Champion or runner-up (one year, honorary).
  • British Amateur Champion (one year, honorary).
  • Current Asia-Pacific or Latin America Amateur Champion.
  • Reigning US Mid-Amateur Champion.
  • Top 12 players from the previous year’s Masters.
  • Top 4 from the previous year’s US Open, British Open, PGA Championship.
  • Winners of PGA Tour events with a full-point allocation for the Tour Championship.
  • Golfers qualifying for the previous year’s Tour Championship.
  • The top 50 in the Official World Golf Ranking at year’s end and the week before the Masters.

How To Bet On The Masters

Betting on the Masters offers a range of options:

Tournament Winner Bet

This is a straightforward bet on who will win the Masters. The odds for each golfer can vary significantly. Favorites might have odds around 7/1 or 8/1, but long shots and dark horses can have odds as high as 50/1. Predicting the winner can be challenging due to the tournament’s unpredictability. A single bad hole can significantly impact a golfer’s chances.

  • Strategy: If you choose a favorite with low odds, it’s wise to limit the number of golfers you bet on. For instance, if betting on a golfer with +900 odds, you might want to limit your bets to eight or fewer golfers. It’s also reasonable to mix short and long shots in your betting choices to balance the risk and potential reward.

Top Finishing Markets

In the Masters, you can bet on a golfer’s finishing position for a safer wager. Sportsbooks offer options to bet on a golfer finishing in the top 5, 10, 20, or 40. The odds decrease as you bet on wider finishing ranges, but they typically offer plus-money odds. For instance, if a golfer has +2000 odds to win, his odds for finishing top 5 might be +400, top 10 at +200, and so on. This type of betting suits those who prefer lower risks or wish to create a parlay. You can still win money if your selected golfer doesn’t win but finishes within your bet’s range.

Each Way Betting

Each way betting in golf, like at the Masters, involves splitting your bet. Half of it goes on a golfer to win, and the other half on them to finish in the top 5. For instance, if you place a $50 each-way bet on Justin Thomas at 20/1 odds to win the 2024 Masters, $25 goes on him to win, and $25 on a top 5 finish at 4/1. If Thomas wins, you earn profits on both parts of the bet. This type of betting offers more coverage than an outright bet and greater potential returns than a straight-finishing bet. Not all sportsbooks offer each-way bets, but you can replicate it by placing separate bets on an outright winner and a top finish.

To Make or Miss Cut

In the Masters, you can bet on whether a golfer will make or miss the cut. Odds vary, top golfers like Scottie Scheffler would have short odds to make the cut and longer odds to miss it. This bet focuses on whether a player will be in the top 50 (plus ties) after Day 2. Those outside this range are eliminated. Betting on the cut is a strategic way to back an underdog’s performance or bet against a player with a challenging history at Augusta.

Round Leader/Finishing Positions

Betting on the Masters also allows for bets on the leader and finishing positions for each round. For example, you can bet on Rory McIlroy leading after Round 1 or Collin Morikawa being in the top 10 after Round 3. These odds are updated as the tournament progresses, offering continuous betting opportunities. Generally, you can only wager on the upcoming round, with bets on Round 1 available pre-tournament, and bets on subsequent rounds opening after the completion of the previous one.

Head-to-head Matchups

In the Masters, Bitcoin sportsbooks offer head-to-head matchups between golfers of similar skill levels, avoiding pairing top golfers against lower-ranked ones. These matchups are categorized into two types: full tournament matchups, covering the entire duration of the Masters, and single-round matchups, focusing on performance in a specific round. This format provides an engaging way to bet, focusing on individual golfer battles rather than overall tournament outcomes.

Live Bets

Live betting adds excitement to the Masters, allowing you to place bets throughout the tournament. With golf’s structure, where players tee off at different times and odds constantly change, live betting is particularly exciting. You can bet on how a golfer will score on any given hole, with crypto sportsbooks typically offering three options: Birdie-or-better, Par, and Bogey-or-worse. This feature is perfect for betting on players who might be struggling or those on a hot streak, providing dynamic wagering opportunities as the tournament progresses.

Prop Bets

Masters prop bets, much like those in the Super Bowl and other major sports events, offer a wide range of betting opportunities. These bets can cover various aspects of the tournament, allowing you to place wagers on numerous scenarios and outcomes that occur during the Masters. The diversity and creativity in prop betting make it an exciting option for those looking to engage with the tournament beyond traditional betting forms.

Top Player by Nationality/Region

The ‘Top Player by nationality/region’ prop bet concerns the highest performing golfer relative to other players of one country or region. It is a very special bet on the Masters that has an international field of golfers from the USA, Spain, Japan, Ireland, UK among many others. Unlike other pools, it will allow you to target a particular group of players, giving your bet a fresh twist.

Masters Hole-in-one

The Masters Hole-in-One prop bet is an exciting option for Bitcoin bettors. Crypto sportsbooks typically offer this as a simple Yes/No bet on whether there will be a hole-in-one during the tournament. While these are rare occurrences, correct bets can give you substantial payouts.

The odds can vary based on the course layout and the number of players in the field. Also, bettors can place bets on specific golfers to score a hole-in-one, which pays out only if that particular golfer achieves this feat, unlike the general market which pays out for any player making a hole-in-one.

Masters Albatross

At the Masters, betting on an albatross, a score of two on a par five, presents an extremely rare and thrilling opportunity for golf Bitcoin bettors. While this doesn’t happen often, the prospect of cashing in on a bet with odds close to +2000 adds an extra layer of excitement for those betting on the tournament’s outcomes.

Winning Score & Cut Line

Betting on the winning score and cut line at the Masters involves betting on whether the final or halfway score will be over or under a line set by Bitcoin sports books. The cut line bet keeps to the score required to make the cut after Day 2. Weather plays an important role in these bets, as conditions like wind and rain can lead to higher scores by making play more challenging.

Miscellaneous

The Masters also offers a variety of miscellaneous prop bets, such as top senior golfer, top left-handed golfer, and other specialized categories. These unique bets provide an entertaining twist to traditional betting, adding diversity and fun to your betting experience during the tournament.

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How To Place Your Bets

To bet on the Masters using Bitcoin, follow a similar process as you would with traditional sportsbooks, but with a focus on GOSUBETTING recommended platforms that accept Bitcoin. Here’s a simplified guide:

  1. Select a Bitcoin Sportsbook: Choose a sportsbook recommended by GOSUBETTING that accepts Bitcoin. Look for platforms known for their security and user-friendly approach.
  1. Register an Account: Go to the sportsbook’s website or app. Click on the ‘Register’ or ‘Sign Up’ button, usually located at the top-right corner. Fill in the required fields with your information, such as name, address, and email.
  1. Deposit Bitcoin: Go over to the deposit section. Select Bitcoin as your deposit method and transfer Bitcoin from your wallet to your Bitcoin sportsbook account. The transaction is typically fast and secure.
  1. Find Golf Markets: Access the Crypto sportsbook’s main menu to locate the golf betting section. Look for the Masters Tournament among the list of golf events.
  1. Choose Bet Type: Decide on the bet you want to place. You could bet on the tournament winner, top finishing positions, or various prop bets. For example, you might choose Rory McIlroy to win with odds of +1000. Click on the odds to add them to your bet slip.
  1. Place Your Bet: In the bet slip, verify your selection and enter your stake in Bitcoin. The slip will display your potential winnings. Confirm all details are correct and place your bet.
  1. Track Your Bet: You can monitor your bet’s status through your account on the sportsbook’s platform. Keep an eye on the tournament’s progress and how your bet is performing.

Betting with Bitcoin adds the benefits of quick transactions and enhanced privacy, making it a popular choice for online sports betting.

Placing Live Bets

Placing live bets on the Masters using crypto sports books involves these steps:

  1. Account Setup or Login: Create an account on the crypto sports book or app if you’re a new user. If you already have an account, log in with your details.
  1. Head to Golf Betting: Once logged in, locate the ‘Sports’ section and select ‘Golf’ to find Masters betting options.
  1. Choose ‘Live Betting’: In the golf section, select ‘Live Betting’ for real-time betting options during the Masters.
  1. Select a Live Bet Type: Explore the available live markets for the Masters and choose the market you wish to bet on.
  1. Place Your Live Bet: Click on the odds for your chosen live market. Enter your betting amount in the bet slip, confirm your bet, and you’re ready to go.

Betting Strategies for the Masters

The Masters stands out due to its unique feature as the sole major golf tournament hosted on the same course year after year. This distinct characteristic sets it apart from other majors, offering Bitcoin bettors a distinct advantage by enabling them to delve deep into course-related statistics and the historical performance of players in previous Masters tournaments held at Augusta National.

Within this section of our guide on how to approach betting on the Masters, we’ll cover a few approaches to help you create a winning strategy.

Always Do Your Homework

When betting with Bitcoin on the Masters, it’s important to research and have an understanding of each bet. Majors like the Masters, featuring top golfers, are unpredictable, so even small edges are vital. Analyze golfers’ past performances in majors and recent form. Advanced stats, such as putting or approach shots, are helpful.

Focus on Greens in Regulation

Greens in Regulation, though somewhat overshadowed by the rise of ‘strokes gained,’ keeps its significance at the Masters. This statistic is relatively straightforward to understand but carries a lot of importance at Augusta.

Augusta’s historical data shows an average Greens in Regulation rate of approximately 60% for the field. However, over the past 15 years, champions have consistently exceeded the 70% mark. In this betting strategy, your objective is to find players who either:

  • a. Exhibit impressive Greens in Regulation statistics leading up to the tournament.
  • b. Possess a strong track record in this metric from previous Masters appearances.

Consider Longer Hitters

The saying “grip it and rip it” holds true at Augusta National. While driving distance is essential in any golf tournament, it holds a significant advantage at Augusta. Despite measuring around 7,500 yards, making it the seventh longest on the PGA Tour, the course’s terrain can make some holes feel substantially longer than their stated yardage.

Accuracy off the tee is less of a concern, as there is minimal rough to penalize wayward shots. According to PGA Tour statistics from 2022, the difference in birdie or better rates between players in the fairway and those not in the fairway is less than 10%.

Prioritize Strong Approach Players

‘Strokes Gained Approach’ comes as a pivotal insight to consider. With wide fairways and minimal rough, the course becomes predominantly a second-shot competition for many players. Those who can effectively control their approaches to the greens tend to fare the best.

For context, since 2017, five of the last six champions have consistently ranked among the top five in the Strokes Gained Approach. Notably, Jordan Spieth leads all players in this statistic from 2015, gaining an average of 1.17 strokes per round through approach play alone.

Emphasize Par 5 Scoring

Low scoring at the Masters is based significantly on performance on the par 5s. The par 3s and 4s are characterized by their length, hazards, and potential to disrupt a player’s scorecard. Therefore, it becomes important to take advantage of scoring opportunities presented by the easier par 5s on the course.

In this strategy, your goal is to identify players with a history of low-scoring averages on these par 5 holes. While longer hitters often have an edge, don’t discount players with strong wedge games, enabling them to reach the green in three shots and minimize the risk of going for it in two.

Prioritize Players Familiar with Augusta National

Unlike some other majors or PGA Tour events, winning at the Masters typically requires golfers to have a deep understanding of the course. Newcomers rarely get a victory. From a betting perspective, it is advisable to avoid rookies or players with limited experience at Augusta.

A strategic approach is to target ‘each way’ or ‘place’ wagers on golf Bitcoin betting platforms for past winners, as experience often proves important during the final stages of the tournament.

Masters Dead Heat Betting Rules

In golf betting, ‘dead heat’ refers to a situation where two or more players finish a tournament with the same score, resulting in a tie for a particular position. Dead heat rules come into effect when multiple players in the Masters share an identical finishing position, impacting the calculation of payouts.

This scenario is relevant to various betting markets, including predicting the tournament winner, top finisher, or match betting. Dead heat rules are in place to ensure fairness and accurate payouts when multiple golfers achieve the same finishing position at the Masters.

Example of Masters Dead Heat Betting:

Suppose you place a bet on Golfer A to finish in the top 5 at the Masters, with odds of +300 offered by the sportsbook. A dead heat situation arises when Golfer A finishes tied for 4th place with one or more players.

In this scenario, had Golfer A finished in the top 5 without a dead heat, your potential profit would be calculated as follows:

  • Original stake: $50 bet × +300 odds = $200 payout = $150 profit

However, dead heat rules come into play due to Golfer A sharing 4th place with another player. Your payout is adjusted based on the number of players involved in the dead heat.

Calculating Adjusted Odds and Profit

As two golfers share 4th place, the adjusted stake for the dead heat is calculated as follows:

  • Adjusted stake = Original stake ÷ Number of dead heat players
  • Adjusted stake = $50 ÷ 2 players
  • Adjusted stake = $25

Considering the adjusted odds, your new profit amount, factoring in dead heat rules, is calculated as follows:

  • Adjusted profit = Adjusted wager × Odds
  • Adjusted profit = $25 bet × +300 odds
  • Adjusted profit = $100 payout = $75 profit

It is essential to be aware of these rules when placing bets, as they can influence your potential winnings based on the circumstances of a tied outcome.

Conclusion

The Masters is more than a tournament. It’s a tradition that brings people together to view golf and distinctly bet on golf. The Master tournament is full of exciting stuff, starting from the most ancient legends about Tiger Woods up to the unique betting prospects arising out of the most ancient traditions of this game or tournament.

Remember to consider key players like Rory McIlroy, Brooks Koepka, and Jordan Spieth when placing your bets with Bitcoin, each bringing their own exciting storylines to Augusta National. Tiger Woods, with his remarkable Master’ journey, reminds us of the tournament’s capacity for surprises and unforgettable moments.

When it comes to placing your Bitcoin bets, there are numerous strategies and bet types to explore, from predicting the tournament winner to diving into prop bets and live betting for an extra layer of excitement.

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