The Masters Round 1 Odds: PGA Tour Round 1 Leader

Dylan Wilkerson Sports Betting Expert

9 minute read

_{© Featured Image: Peter Casey-Imagn Images}

The 2026 Masters Tournament: A Tradition Unlike Any Other

The sporting world centers on Augusta, Georgia, this week for the 89th Masters Tournament. As the first major championship of the 2026 season, the Masters represents the pinnacle of golf—a blend of historic prestige, iconic scenery, and the high-stakes pursuit of the legendary Green Jacket.

Prediction markets are all the craze, and prediction market apps like Kalshi offer users a way to trade contracts on who will win The Masters. We have included the latest PGA Tour First Round odds below at Kalshi Use our Kalshi promo code to get started by clicking on the module below.

Updated on 4/9/26

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The Masters Round 1 Leader Odds

Kalshi offers users the ability to trade on who will (or won't) be the leader after round 1 of The Masters. Below are the latest trading prices for some of the biggest names playing in the field.

The Venue: Augusta National Golf Club

Set against a backdrop of blooming azaleas and towering pines, Augusta National is widely considered the most pristine golf course on Earth. For 2026, the course measures approximately 7,565 yards as a par 72.

The tournament’s narrative often shifts at "Amen Corner" (Holes 11, 12, and 13). The par-3 12th, "Golden Bell," remains one of the most deceptive shots in golf, where swirling winds over Rae’s Creek can turn a championship-winning Sunday into a nightmare in seconds.

The Field: Elite Names and LIV Stars

The 2026 field consists of 91 players who have met strict qualification criteria. Unlike standard Tour events, the Masters brings together the stars of the PGA Tour and LIV Golf.

• The Defending Champion: Rory McIlroy returns to Augusta not just as a favorite, but as the man who finally completed the Career Grand Slam here in 2025. He looks to become the first back-to-back winner since Tiger Woods (2001–02).
• The Favorites: World No. 1 Scottie Scheffler (+400) leads the betting boards, followed closely by Jon Rahm, Ludvig Åberg, and Bryson DeChambeau.
• The "Big Guns": Market sentiment is high on Xander Schauffele and Cameron Young, the latter of whom is coming off a massive victory at THE PLAYERS last month.
• LIV Golf Presence: Ten LIV golfers, including former champions Dustin Johnson, Sergio Garcia, and Phil Mickelson, are in the field, adding an extra layer of competitive tension to the leaderboard.
• Amateur Watch: Keep an eye on top-ranked amateurs like Jackson Herrington and Ethan Fang, who are competing for the Silver Cup awarded to the low amateur.

What is at Stake: Record-Breaking Rewards

The 2026 Masters has officially set a new bar for major championship compensation:

• The Purse: A record-shattering $25 million total prize pool (up from $20M in 2025).
• The Winner’s Share: A historic $5 million payout and, of course, the Green Jacket.
• FedEx Cup Points: For PGA Tour members, the winner receives 750 points, the maximum awarded for a single event.
• Lifetime Invite: A win at Augusta guarantees a lifetime invitation to return to the Masters and five-year exemptions into the other three majors.

How to Watch

The tournament officially begins Thursday, April 9, following the honorary starters' ceremony at dawn.

Dylan Wilkerson

Dylan Wilkerson has over 5 years of experience reporting and analyzing the sports betting industry for various sites. His portfolio includes work for SportsHandle and Action Network, in addition to VegasInsider. His favorite sports are the NFL, College Football, The PGA Tour, the LIV Tour, and Cricket. Dylan has a broad and deep understanding of various sports-related topics. More from Dylan Wilkerson