World No 1 and US Open champion Dustin Johnson had been a heavy favourite to take his first Masters title but his odds lengthened after he injured his back falling down the stairs at his rented Augusta home.
Rory McIlroy is Britain's best chance of success – the Northern Irish golfer is ranked No 2 in the world and has finished in the top 10 for the last three years at Augusta.
Masters 2017 odds: Who are the 15 favourites to triumph at Augusta?
Wed, April 5, 2017
Which man is favourite to triumph at Augusta? Odds provided by Paddy Power
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Click to reveal the top 15 favourites to win the Masters 2017
Live Masters updates from Augusta
2pm BST: Russell Henley was the last man to qualify for the tournament, winning the Houston Open last weekend.
He has the honour of playing in the leading group with Daniel Summerhays and both make birdies at the second hole to take the early lead.
Players will continue to go off every 11 minutes until Bubba Watson, Dustin Johnson and Jimmy Walker hit the course as the last group at 7.03pm BST.
Masters legend Arnold Palmer passed away last year but his Green Jacket was present
1.30pm BST: Gary Player and Jack Nicklaus, both former Masters champions and honorary starters for the 2017 tournament, hit the ceremonial opening tee shots down the first hole.
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Last year, the pair had done so with Augusta legend Arnold Palmer watching from his wheelchair. Palmer passed away in September last year at the age of 87.
Both Player and Nicklaus gestured to the heavens after hitting their shots and embraced, wiping away tears from their eyes.