Masters 2021 betting odds - who will win the Masters, Dustin Johnson and Justin Thomas lead favourites

The 2021 Masters tournament gets underway this afternoon, at the iconic Augusta National Golf Club in Augusta, Georgia.

Masters 2021 odds. (Photo by Jared C. Tilton/Getty Images)

It's set to be an enthralling four days of golfing action, with the first of the sport's four Majors – and, of course – the iconic Green Jacket up for grabs. Oh, and a grand prize of $2,070,000, which is better than a kick in the teeth.

Just five months ago, world number one Dustin Johnson won the 84th edition of the competition, which was postponed due to the ongoing Covid-19 pandemic. He'll be looking to become the first golfer since Tiger Woods to win the Masters two times in a row – a feat the legend achieved after winning in both 2001 and 2002.

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Here's OddsChecker's latest rundown of the favourites for the competition, as the excitement continues to build ahead of the first round:

He's just had a knee operation, but has claimed he's willing to battle through the pain barrier to win the competition. The world number 12 has won four Majors in the past, and is overdue a return to form.
Tipped as an intriguing outsider, Collin Morikawa could be one to look out for. He ended Brooks Koepka's PGA tournament-winning streak by winning the competition in California last year.
He, alongside Dustin Johnson and Brooks Koepka, tied for second place back in the 2019 Masters, so Schauffele has proven he can impress at Augusta. He's not exactly in the form of his life at the moment, though.
With three PGA Tour wins to his name, the 29-year-old is eager to take his game to the next level and claim his first Major. The course is said to favour his style of play, but he doesn't look to be a real contender just yet.
A decade on from his infamous 2011 Masters meltdown, McIlroy is still looking for his first Green Jacket. He's no longer ranked in the world's top ten, and the odds are against him here, it seems.
He won the Masters in 2015, and recently ended a spell of well over 1,000 days without a victory by scooping the Valero Texas Open. He gets his tournament underway at 15:54, alongside Collin Morikawa and Cameron Smith.
Rahmbo finished 4th in the 2018 tournament, and could well be among the lead contenders for the Green Jacket this time around. He's yet to win a Major, but this just could be his year.
The current US Open champion will be bringing his trademark, brutal drives to the competition, which should see him do some real damage on longer holes 'Yellow Jasmine', 'Firethorn' and the 575-yard 'Pink Dogwood' in particular.
The slick iron player has seen his odds come right in over the past 24 hours, as savvy punters have flocked to back JT. He is in fine form, having just won the 2021 Players Championship last month.
His form has dipped a little so far this year, but he's still the favourite with the bookies to win the tournament. He gets his Masters underway at 15:30, alongside two-time runner-up Lee Westwood, and Tyler Strafaci.