After coming into the 2026 Masters with only the fourth-shortest odds at +1175, reigning champion Rory McIlroy is a co-leader after the first round at Augusta National and the +245 favorite to win the tournament. Scottie Scheffler, who came into the fray as the +510 favorite, is second on the odds board and shortened to +340 with a 2-under start.
Sam Burns is also a co-leader through one round and has seen his odds improve dramatically from 70-1 pre-tournament to 10-1 on Thursday evening, just behind McIlroy and Scheffler. McIlroy was 21-1 to be the leader after the first round, and Burns was 53-1, and their co-lead dictates that bettors who backed them be paid out according to dead heat rules at most sportsbooks.
Another notable riser is Patrick Reed, who shortened from 42-1 to 15-1 and is tied for third place with Jason Day (68-1 to 21-1) and Kurt Kitayama (100-1 to 30-1). None of those players, nor Burns, was particularly popular with bettors, but Justin Rose -- who is tied for sixth -- was more of a public play and improved from 35-1 to +1750 after a productive first day.
On the other hand, two of the most popular pre-tournament bets, Bryson DeChambeau and Ludvig Åberg, had less-than-stellar opening rounds and fell to 105-1 and 60-1, respectively. Jon Rahm, who came into the tournament with the second-shortest odds at +900, had a disastrous first day at Augusta and is 330-1 for the green jacket.