Best Masters Betting Offers & Free Bets 2024

Written by
+1 Other GDC - Icon - Blue - Arrow Down

The best US Masters betting offers from licensed betting sites. Claim Masters free bets and find out which sites are paying the most each-way places for the first major of 2024.

Bell Icon
Affiliate Disclosure: At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. More
  1. 6
    7bet Betting
    Established 2024

Best Masters Betting Offers Reviewed

We've tested the best golf betting sites to identify the bookies offering the most extra value for betting on the 2024 Masters.

Here's a round-up of our top picks, with details of all the Masters bet offers you can find at each site.

BoyleSports Masters Betting Offers

The standout Masters promotion from BoyleSports is the early payout offer. Back a player to win and if they hold the solo lead after round 3, your bet is paid out as a winner. No other bookie in the UK is offering such a deal.

In terms of extra each-way places, BoyleSports is paying eight places at 1/5 of the outright Masters odds - but you can also get 10 or 12 places at further reduced odds.

There's £20 in Masters free bets when you sign up to BoyleSports as a new customer and bet £10.

There are plenty of Masters price boosts as well, including boosts for players making the cut and specials on LIV players.

QuinnBet Masters Betting Offers

QuinnBet's highlight promotion is a free bet refund worth up to £10 if you back a player to win The Masters and they finish second or third.

QuinnBet is paying out eight each-way places at 1/5 of the win odds, terms which stack up reasonably well against competitors.

The welcome offer here gives you 50% back on first-day losses for all types of golf bets. If your account has losses after your first day's betting, you get half of them returned to you as free bets.

If your account is up after the first day, you'll still have a £5 free bet waiting for you.

bet365 Masters Betting Offers

The welcome offer at bet365 triples the amount of your first bet with Masters free bets.

A lot of sites restrict free bets for new customers to certain sports or markets, but if you sign up and bet £10 here, you can use £30 to bet exclusively on The Masters.

bet365 is paying out eight each-way places at 1/5 of the win odds - but you can boost this up to 10 or 12 with the 'Each-Way Extra' feature, at further reduced odds.

Aside from offers, bet365 has more markets than the majority of Masters betting sites, many of which come with enhanced prices. 

Coral Masters Betting Offers

We like how simple and straightforward the Coral welcome offer is to claim - your first £5 bet at odds of 1/2 or greater unlocks a £20 Masters free bet, with no strings attached.

Coral is paying 10 places at 1/5 of the odds, so while you don't have the option to boost this to 12 places, you actually get better each-way value in the prices than you would with some sites that allow you to claim more places.

Above the list of outright options in the golf betting section, you'll find the 'Odds Booster' tab which has all of Coral's enhanced prices for the 2024 Masters Tournament.

Betfred Masters Betting Offers

The pick of Betfred's Masters betting offers is a welcome offer which requires a £10 bet to unlock Masters free bets worth £40.

£20 of the free bets can be used to bet on in-play markets once the tournament has started on Thursday. The other £20 can be used on Masters accas - perfect for those who like to combine two/three-ball winners into an accumulator.

Betfred's extra each-way places deal is exclusive to online customers and pays out 10 places at 1/5 of the win odds.

Keep an eye on the 'Daily Price Boosts' tab on the left side of the screen for the latest enhanced prices for Masters markets.

William Hill Masters Betting Offers

William Hill have Masters free bets for both new and existing customers.

Bet £10 as as a new customer to get three £10 free bets, all of which can be used to bet on selected Masters markets. 

There's also a £5 free bet awarded when you stake £5 on the Masters first round leader before 1pm on Thursday. Not many sites are offering bespoke Masters free bets for existing customers like this, so William Hill gets top marks for that.

The each-way terms aren't quite as good as Betfred's or Coral's, but eight places paid at 1/5 of the win odds is still decent value.

You'll also find lots of enhanced Masters specials at William Hill, along with a #YourOdds feature for requesting special bets using the hashtag.

Betway Masters Betting Offers

The main Masters betting offers to look out for at this site are 'Betway Boosts'. Betway is known for having enhanced prices with some of the best value in online betting, all of which can be accessed from the homepage.

The welcome offer is a cashback deal that refunds your first bet as a free bet (up to a maximum of £30) if you lose a racing or football acca with 3+ legs. Those free bets can be used to bet on the 2024 Masters.

Betway is paying out eight each-way places for The Masters at 1/5 of the outright odds.

Who is Paying The Most Each-Way Places For The Masters?

Betting SiteEach-Way Place Terms
BoyleSports12 (reduced odds)
bet36512 (reduced odds)
Coral10 (1/5 of win odds)
Betfred10 (1/5 of win odds)
Ladbrokes10 (1/5 of win odds)
Fitzdares8 (1/5 of win odds)
Betway8 (1/5 of win odds)
William Hill8 (1/5 of win odds)
QuinnBet8 (1/5 of win odds)
BetMGM7 (1/5 of win odds)
BetVictor5 (1/4 of win odds)

Masters Betting Offers to Look Out For & How They Work

There are a number of different types of Masters betting offers that can enhance your betting on the first major of the year.

Here's a quick guide explaining how each of them work, so you know what to expect.

Extra Each-Way Places

Experienced punters will use Each-way golf betting to their advantage during the Masters.

Instead of putting all your eggs in the one basket by simply trying to pick the winner, split your stake into two separate bets by taking the E/W option - which breaks down as one bet on your golfer to win and the other on them to finish near the top of the leaderboard.

Example: You put £5 each-way on a player at 50/1 with Coral and they finish sixth. You lose the win part of your stake but you win the each-way part at 1/5 of the odds (10/1) because they finished in the top 10. In this instance you would still come out with a profit of £50.

Welcome Offers

When the Masters is being played, it's often an ideal time to open a betting account as there could be a boosted welcome offer on the cards.

When you sign up to an account to place a Masters bet, you'll usually be able to unlock a certain amount of free bets.

 For example, you'll  find bet £10 get £30 offers or bet £5 get £20 Masters betting offers are commonly available.

Money-Back Specials

Sometimes a bookie will refund your stake if the player you've backed fails to make the cut and that’s always a nice bit of insurance if you don’t get a run for your money.

Other money-back Masters betting offers will give you a refund if your player finishes second or third, while some welcome offers will simply refund any type of losing bet.

Odds Boosts

The majority of the best new betting sites and established bookies in the UK will have odds boosts for The Masters. 

The size and number of boosts will vary from one site to the next but bookmakers like Betway and bet365 are known for having some of the best golf odds boosts in the business for all four majors.

Facebook Icon Twitter Icon Linkedin Icon Email Icon Copy Link Icon