Best Masters Betting Promos & Bonuses: Grab $3,500+ In Bonuses For The Masters (April 14th)

By Adam Martin Aug 12th, 2025 11:46 AM EDT

Tap for Promo Visit site

Bet $5, Get $200 in Bonus Bets and 10 Golden Chips, Win or Lose

Used 3 Times Today

Must be 21+ to participate (18+ in KY). Gambling problem? Call 1-800-GAMBLER (CO, IL, IA, KY, KS, LA, MD, NC, NJ, OH, PA, TN, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Minimum $10 deposit required. Minimum odds -500 of greater. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.

The 88th edition of The Masters takes place April 11-14 from Augusta National Golf Club. It is one of the major events on the PGA betting golf tour every year, as the event brings together the best golfers in the world to compete for 18 million U.S. worth of prize money.

To make the event even more exciting, the best sports betting apps offer customers the chance to place wagers on The Masters this weekend using several amazing welcome offers. To find out what the welcome offers from the top sports betting apps are, read below and learn about them.

Best Masters Betting Promos, Top Welcome Offers & Bonuses

BetMGM Bonus Code BOOKIES For The Masters

The BetMGM bonus code BOOKIES gives new users back up to $1,500 in the form of bonus bets if their first wager loses. Just sign up for a new BetMGM Sportsbook account using the bonus code BOOKIES, make your first deposit of $10 or more, and then place your first bet. 

If your first bet at BetMGM Sportsbook loses, then you will get back up to $1,500 in the form of bonus bets. The bonus bet will be delivered in the form of one single bonus bet if your losing wager is less than $50, or five equal bonus bets if your losing wager is more than $50.

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Bet $10, Get $150 If You Win
Promo Code: BOOKIESBG150

Used 49 Times Today

Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

Caesars Promo Code BOOKIES1000 For The Masters

The Caesars promo code BOOKIES1000 gives new customers back up to $1,000 in the form of a single bonus bet if their first wager loses. Just sign up for a new Caesars Sportsbook account using the bonus code BOOKIES1000, deposit $10, and then place your first bet. If it loses, you will get back up to $1,000 in the form of one single bonus bet.

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Bet $1, Double Your Winnings Your Next 20 Bets
Promo Code: BOOKIES20X

Used 30 Times Today

Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA). 21+ only. Please Gamble Responsibly. Terms and conditions apply. Subject to eligibility requirements. Bonus bets are non-withdrawable. This promotional offer is not available in Mississippi, Nevada, Ontario, or Puerto Rico.

DraftKings Promo Code For The Masters

The DraftKings promo code gives new customers the chance to bet $5 and get $150 in bonus bets. Just sign up for a new DraftKings Sportsbook account, deposit $5, and then place a $5 first bet on any sport. Win or lose, you will get $150 in bonus bets instantly credited to your account in the form of six $25 bonus bets.

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Bet $5+ Get $300 in Bonus Bets If Your Bet Wins + 3 Months of League Pass On Us!

Used 65 Times Today

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. Must register new DraftKings account to receive reward Token. Must select Token BEFORE placing min. $5 bet to get 1 promo code to redeem 3-month NBA League Pass subscription, complimentary of DraftKings, and get max. $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake removed from payout. Token expires 11/23/25. Terms: sportsbook.draftkings.com/promos. NBA League Pass: Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Redeem League Pass by 12/19/25 at 11:59 PM ET. Addt’l terms: https://support.watch.nba.com/hc/en-us/articles/9165532876183-League-Pass-Terms-of-Use_. Offer ends 11/16/25 at 11:59 PM ET. Sponsored by DK.

FanDuel Promo Code For The Masters

The FanDuel promo code gives new users $150 in bonus bets for making a $5 first bet. Just sign up for a new FanDuel account, deposit at least $10, and then bet $5 or more on any sport. Win or lose, you will get $150 in bonus bets, which you can use in any denomination of your choosing.

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Bet $5, Get $300 in Bonus Bets if Your Bet Wins!

Used 5 Times Today

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Popular in New Jersey

Must be 21+ to participate. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV). GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).

Fanatics Masters Promo Code For The Masters

The Fanatics promo code gives new users the chance to get back up to $1,000 in the form of bonus bets. Just sign up for a new Fanatics Sportsbook account and then make your first bet each day for up to $100 and get back equivalent bonus bets if it loses. You can do this for your first 10 days after signing up for a total of $1,000 in bonus bets.

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Bet And Get Up to $2,000 in No Sweat Bets FanCash

Used 12 Times Today

21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VT, VA, WV, or WY: wager $10+ cash on any market with odds of -500 or longer to be eligible to receive $50 in FanCash each day for your first five (5) days. Terms, including FanCash terms apply - see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA).

bet365 Bonus Code BOOKIES For The Masters

The bet365 promo code BOOKIES gives new customers back up to $1,000 in the form of a first bet safety net. Just sign up for a new bet365 account using the bonus code BOOKIES, deposit at least $10, and then place your first bet. If it loses, you will get back up to $1,000 in the form of bonus bets, which you can use in any denomination.

Tap for Promo Visit site

Bet $5, Get $200 in Bonus Bets Win or Lose
Promo Code: BOOKIES

Used 26 Times Today

Must be 21+ to participate (18+ in KY). Gambling problem? Call 1-800-GAMBLER (CO, IL, IA, KY, KS, LA, MD, NC, NJ, OH, PA, TN, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. T&Cs, time limits and exclusions apply.

ESPN BET Bonus Code BOOKIES For The Masters

ESPN BET is yet another way to get in the fun, and the online sportsbook has a competitive offer - $150 in bonus bets after placing a bet of any amount. This is available to first-time players who register with ESPN BET and make an initial deposit of at least $10. After placing a first bet of any amount, players will get $150 in bonus bets to use at their discretion. 

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$1,000 Bet Reset

Used 22 Times Today

Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, KY, LA, MD, MS, NJ, OH, PA, VA, WV, WY), Call 1-800-9-WITH-IT (IN), Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), Call 877-718-5543 or visit morethanagame.nc.gov. (NC), Call or Text 800-889-9789 (TN).

The Masters Betting Odds

Below are the golf betting odds for the top 10 golfers in the field according to BetMGM Sportsbook:

Odds via BetMGM and current as of publication. Check out our BetMGM Review.

Scheffler is the top dog in the field right now, but with so many incredible golfers set to hit the tees this weekend, The Masters is an event that is truly up for grabs. 

Sign up for all of the best sportsbooks today and bet on all of your favorite sports, including The Masters!

Tap for Promo Visit site

$1,000 Bet Reset

Used 22 Times Today

Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, KY, LA, MD, MS, NJ, OH, PA, VA, WV, WY), Call 1-800-9-WITH-IT (IN), Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), Call 877-718-5543 or visit morethanagame.nc.gov. (NC), Call or Text 800-889-9789 (TN).

About the Author

Adam Martin

More About Adam

A writer based out of Toronto, Adam Martin has covered professional sports, with an emphasis on sports gambling, for more than a decade, writing for such outlets as The Toronto Star and Sportsnet. He is an expert in UFC, while also covering NHL betting and the Stanley Cup.

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