The first "Augusta National Invitational" Tournament, as the Masters was originally known, began on March 22, 1934, and was won by Horton Smith, who took the first prize of $1,500. The present name was adopted in 1939. The first tournament was played with current holes 10 through 18 played as the first nine, and 1 through 9 as the second nine[10] then reversed permanently to its present layout for the 1935 tournament.[2]