Masters Preview
Augusta National
Augusta, GA
There will be plenty written this week about “the trends” at Augusta, so let’s just get those out of the way quickly. Many of the trends continue on for quite a while, but to keep things as relevant as possible we will look at the last decade:
Best Previous Masters Finish for Winners: 2, 38, 4, 22, 1, 2, 5, 18, 5, 1
Best Previous Major Finish for Winners: 2, 6, 2, 2, 1, 1, 2, 4, 1, 1
Best Major Finish Previous Eight Majors for Winners: 2, 6, 5, 2, 2, 13, 4, 1, 1
Have played alright at the Masters.
Have firmly mixed in previous majors.
Have firmly mixed in previous majors recently.
Alright, not rocket science there but it has to be mentioned because the rest of the course conversation should be caveated by the fact that these additional trends shrink the pool of contenders ever further.
Now, to the course.
We often hear about the creative challenge that exists at Augusta, and in some ways that is true - especially around the greens. However, we are seeing a continued path towards straight and long driving being the name of the game here. With additional length added to the venue in recent years, we have seen it directly impact the top of the leaderboard with a significant shift from approach play to driving being the key ball striking category.
Last year, the Top 2 finishers were 7th (Scheffler) and 3rd (Aberg) in Distance. They ranked 2nd and 5th on the week OTT.
In 2023, Rahm and Koepka separated from the field for a vast majority of the event ranking 9th and 7th in Distance. Rahm pulled away to win by four ranking 2nd on the week OTT, gaining more than six strokes. It was cool and damp that week which further emphasized the driving keys, and there should be some softness this week as well.
In 2022, Scottie was 8th in Distance and Rory was 2nd. They finished 9th and 4th on the week OTT.
Augusta has always favored strong driving, especially in how it impacts Par 5 Scoring, but it’s only increased in importance in recent years. There just isn’t really a path to the top of the leaderboard this week that isn’t built on top of elite driving. You can play solidly enough with good approach play and a nice short game, but anytime a venue has seen the last three winners combine to gain over 15 shots OTT you don’t need to overthink it. We have a driving test.
The increased impact OTT is the starting point this week and a requirement that shrinks the pool of contenders. However, this remains a complete test and even though we see decreasing APP figures in the winner’s stat lines in recent years we have to respect the spike approach figures that winners have shown coming into the event. As the ability to gain significantly here OTT has increased it becomes a bit harder to put up spike approach weeks, but the elite iron play needed to win here can be seen via those incoming spike approach figures. Here are how many spike (+4 SG) events winner’s had over their 10 starts coming into their Masters win:
2024 Scheffler: 8/10
2023 Rahm: 4/10
2022 Scheffler: 4/10
2021 Hideki: 3/10
A good chunk of the field simply doesn’t have the driving ability or upside in their iron play to win this week. We will be lucky to even find a handful of players that fit the driving and spike iron play trends before even considering the Masters trends that started this article. Surely we can come up with a lot of fun scenarios where someone random wins, but this longer - at times softer - version of Augusta requires some of the best driving in the field and some of the most proven upside on approach as well.
All of this under consideration, we haven’t even gotten to ARG play which is really what makes this a unique strokes gained picture.
When we look to the winner profiles we see that in fact it’s neither OTT nor APP which is the highest impact stat on the entire stat line. The last four winners have combined to gain over 22 strokes ARG. Just like you can’t win here without elite driving and proven iron play upside, you’re very unlikely to win without one of the most elite and proven short games in the field.
The good news is that like the driving and approach form above, we are able to see this ARG ability shine through in winner’s incoming form. Here are spike ARG figures for winners here in their 10 incoming starts as well as how many positive ARG performances they had in that time frame:
2024 Scheffler: 2 Spikes (9/10 positive)
2023 Rahm: 1 Spike (8/10 positive)
2022 Scheffler: 2 Spikes (9/10 positive)
2021 Hideki: 2 Spikes (7/10 positive)
Frankly, spike ARG weeks are pretty rare when looking at incoming form for winners of any event so the fact that this is shared across winners here is quite unique. It adds a third layer to one of the most elite incoming stat profiles that you’re ever going to see for any event. It’s the Masters for a reason and honestly it’s nice to see that the stat profiles back up the elite nature of the event.
The good news is that we do have a bit of leeway with the flatstick. You have to be competent with the putter but a spike week is certainly not required on the greens and a vast majority of the work on the stat line is going to be done in the T2G categories described above.
Now, due to the high bars outlined above let’s just see who even fits the profile this week. We’re looking for players with at least three spike approach events and a spike ARG event with 70% positive ARG efforts over their last 10 starts. On the OTT front, we have seen Scheffler and Rahm combine for 10 spike OTT events in their 10 incoming starts, but we will be generous and require just one spike OTT event for this filter. Here is who fits that without considering the major and Masters history above:
Keegan
Brooks
Bob Mac
Collin
Xander
JT
A pretty compelling list actually, and certainly some bettable names/numbers there. Of those six, all but Keegan also fit the Masters history trends from the start:
For many of the reasons above, it’s definitely not a week where I am going to be using comp courses much. There are strong statistical trends we can turn to, but the COMPs this week are also compelling when we consider the number of wins shared by champions at these events and their strong correlations across the field. The venues making up the COMPs this week are Muirfield Village, Bay Hill, TPC Sawgrass, Torrey Pines, and Riviera.
Model Weights
Strokes Gained Weights:
SG P (5%)
SG ARG (8%)
SG APP (15%)
SG OTT (9%)
SG TOTAL (8%)
Additional Weights:
COURSE HIST (8%)
COMP (4%) - Muirfield Village, Bay Hill, TPC Sawgrass, Torrey Pines, Riviera
DISTANCE (10%)
PAR 5 SCORING (10%)
APPROACH PUTTING (7%)
PROX 175-200 (6%)
BIRDIE:BOGEY RATIO (5%)
GIR % (5%)
Early Odds Board
Adam Early Odds Board Look
I will write up lots of guys this week in Final Thoughts, but I am challenging myself to keep the card tight and representative of the limited number of players who can actually win this week. So, won’t have as many guys here to keep that focus sharp.
Collin Morikawa +1800
He has figured this course out over the last few years and as always he is someone who I will not hold a distance bias against. I would probably need some drift to get there, but always interested in him at Augusta going forward.
Xander Schauffele +2200
We would have been rejoicing to get this number on Xander late last year, and I love what he showed in the iron play at Valspar. Still probably a bit too soon, but monitoring the number this week.
Brooks Koepka +3300
It’s been a bit of an outlier Brooks year where his short game has been really solid but the long game has been lagging. It’s usually the the opposite that hurts him at Augusta, so maybe the focus in the multi month prep has been the short game and now he’s just going to let it rip? We shall see but never any regrets betting Brooks in the 30s.
Hideki Matsuyama +3500
I said the only thing that mattered for Hideki at Valero was if he gained OTT. He drove it nicely and kept the ball much more in play than recent weeks despite the MC. A fair number and hopefully some drift to make it even more compelling.
Bob Mac +6000
We have been Bob Mac truthers all year, and I will not stop as we arrive at Lefty heaven.
Sergio Garcia +9000
Sergio has been striping to a different degree for quite some time now, and he will have all eyes set on another contending effort here. I worry about the short game, but could get there if we get into the triple digits.
Keegan Bradley +12500
This number is way too long on Keegan in the T2G form he brings to the table. Of all of these players this is the one I am closest to locking in right now because he’s a truly elite T2G player in current form and shouldn’t be priced up here.
Matt Early Odds Board Look
Rory McIlroy +650
I’ll always have a soft spot for Rory at Augusta. The stats are elite, the resume is obvious, and he’s won twice this season. You don’t need me to sell you on Rory. That said, the approach game nuances—those half and three-quarter shots—could give him a small edge, though I think they help more at places like Oakmont or Portrush than here. I’m a believer, but going all-in on Rory at a place he still hasn’t solved feels like a leap.
Xander Schauffele +2000
That spike approach performance in his last start? Likely more about the weak field than any real breakthrough. The driver still isn’t fully dialed, and the short game? Definitely not back to “Xander green.” Time off never helps there. Until we see it click, I’m hesitant.
Justin Thomas +2200
The approach play is trending, and this is a course that rewards that. Honestly, I like the incoming form quite a bit. JT’s always flirting with greatness and disaster, and while he’s let us down plenty, the talent to win a Green Jacket is unquestionable.
Will Zalatoris +5000
Love this number. Love this player. Augusta clearly fits his eye, and the vibes around his camp have been strong. I actually trust him on fast, downhill putts more than most. This could be the week all the good we’ve seen from him comes together.
Russell Henley +5000
Win at Bay Hill. T5 at Augusta in the past. Other high finishes this season. If he wins, we’ll all sit back and say, “Yeah, that made sense.” The thing about Russ—he knows his game and stays within himself better than almost anyone. That’s gold at Augusta.
Robert MacIntyre +5000
Big lefty faders have always had a blueprint around this place, and that’s BoMac to a tee. He’s played a ton of solid golf over the last year with no signs of backing down. On paper, he fits more than people realize.
Sepp Straka +7500
Strokes Gained: Georgia. Already a winner this season and fully trending upward. Sepp doesn’t fear the big stage, and we’ve seen him get in the mix at majors. This number is straight-up disrespectful.
Wyndham Clark +8000
Clark has gained on approach in three straight starts for the first time since last summer. That’s the key for him—if the long irons click, he can absolutely peak for a week. Last year he showed flashes. Now, with less buzz and more reps, the setup feels better.
Maverick McNealy +12000
This is the most confident, locked-in version of Mav we’ve seen. A big week here could lock in Bethpage, and he knows it. He’s been flushing it, and the putter can catch fire. My only pause—it’s his first Masters, and the moment (plus little brother looping) could get overwhelming. Probably more T20 upside than win equity.
Lucas Glover +15000
Generational ball-striker. Back-to-back T10s coming into his 11th Masters. He’s not going to push where he shouldn’t. This version of Lucas is fully capable of posting his best Augusta result ever.