Jordan Spieth Masters 2016
Two-time major champion and world No. 1 Jordan Spieth is expected to defend his Masters crown in April. Getty Images

The 2016 Masters figures to be a three-man race as defending champion Jordan Spieth, No. 3 ranked Rory McIlroy, and Australia’s Jason Day sit atop the latest betting odds to win golf’s most coveted piece of clothing in April.

According to Sportsbook.ag, Spieth is expected to parlay his dominating and breakout 2015 run by becoming the first player in 11 years to win back-to-back Masters at 15/2 odds.

Northern Ireland’s McIlroy, who finished fourth to Spieth last season, sits just behind the American at 15/2 odds with 2015 PGA Championship titleholder Day not too far behind at 17/2.

Top-ranked Spieth came ever so close to completing golf’s Grand Slam last season, capturing the Masters in record fashion and then the U.S. Open before a tie for fourth place at the British and a runner-up finish at the PGAs behind Day.

The 20-year-old has shown no signs of slowing down at the dawn of the new season. Participating in four events, Spieth claimed last month’s Tournament of Champions by shooting 30-under par and he’s wound up in the top 10 in three events.

Spieth currently owns an almost 215-point advantage over Day in the world rankings, but Day has tasted a major victory more recently than Spieth and he’s kept him out of the winner’s circle before.

Day knocked in a final round of five-under par to finish 20-under at the PGAs, a new record for the best finish at a major in history that Tiger Woods previously set at the British in 2000.

Unfortunately for McIlroy, who broke through in 2014 with two major titles only to watch his 2015 fall apart due to injury, he’ll have to play catchup with Day and Spieth. A broken foot forced the 26-year-old to withdraw from his defense of the British last season, though he recovered well with a 21-under par victory at the Wells Fargo and a ninth-place finish at the U.S.

The tournament begins Thursday, April 7 from Augusta National Golf Club in Augusta, Georgia. Below are the odds for each player to win.

Odds To Win 2016 Masters

Jordan Spieth 11/2

Rory McIlroy 15/2

Jason Day 17/2

Rickie Fowler 15/1

Bubba Watson 16/1

Dustin Johnson 20/1

Phil Mickelson 20/1

Brandt Snedeker 28/1

Justin Rose 28/1

Henrik Stenson 33/1

Hideki Matsuyama 33/1

Patrick Reed 33/1

Adam Scott 40/1

Zach Johnson 40/1

Branden Grace 50/1

Jimmy Walker 55/1

Justin Thomas 55/1

Kevin Kisner 55/1

Matt Kuchar 55/1

Louis Oosthuizen 60/1

The full list of odds can be found at Sportsbook.ag.