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Masters 2016: Updated Odds, Betting Tips for Golf's 1st Major of the Year

The golfers aren't the only ones who are bound to cash in following the 2016 Masters.

With the Shell Houston Open completed, the best players on the PGA Tour are beginning the journey to the Augusta National Golf Club. Jordan Spieth enters as the defending champion, his 2015 win making him the second-youngest ever to collect a green jacket.

Spieth will be one of the top contenders to win again this year. Here's a look at some of the favorites to win the green jacket, courtesy of Odds Shark, and a few tips for the tournament ahead.