Looking for Tiger Futures Bets? You Won’t Find Much Value
Rusty Jarrett/Augusta National/Handout Photo via USA TODAY Sports. Pictured: Tiger Woods speaks to the media after winning The Masters.
- Tiger Woods had 14-1 odds to take home the green jacket entering this year's Masters.
- You likely won't see odds like that for him again this year, especially not in the majors.
AUGUSTA, Ga. – Well, that was fun.
Witnessing Tiger Woods capture his elusive 15th career major championship? Sure, but I meant something else: Being able to bet on him without it being the lowest price on the board.
Say goodbye to bargain shopping for Tiger — even if his outsized popularity ensured that was never really the case anyway.
After entering this week’s Masters Tournament behind Rory McIlroy and Dustin Johnson in most books (and a few others elsewhere), Woods will undoubtedly be the tourney favorite in any upcoming event, especially the next three majors.
In fact, if you’re looking to find value on any Tiger-related futures, you’re out of luck, as this triumph moved the markets to place we haven’t seen since, well, he was winning majors 11 years ago and beyond.
Woods is now +150 — yes, 3-2 — to win another major this year.
He’s +1000 to win two majors this year.
And he’s a mere +5000 to win the grand slam. That’s right, down to just 50-1 to accomplish a feat that has never been accomplished in the game’s modern history.
Hey, if you want to make a just-in-case wager, so you can have a ticket to frame on the wall someday if he claims each of the next three, then go for it. Or if you really think he’s going to do it, I certainly won’t stop you from making that bet.
Ordinarily, though, you’d like first-time-ever odds to be a bit bigger than 50-1.
There are more Tiger-related props, too.
Even though it took him 11 years to claim his 15th major, already the books are offering a price at 18, which would tie Jack Nicklaus, and 19, which would give Woods the record all by himself.
Currently, he’s +500 to tie Nicklaus and +1000 to pass him.
It doesn’t even sound like Woods himself would take those bets — well, not right now, at least.
“I really haven’t thought about that yet,” he said directly after the victory. “I’m sure that I’ll probably think of it going down the road. Maybe, maybe not. But right now, it’s a little soon, and I’m just enjoying 15.”