Bookies Bet That Tiger Is Back

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By Chris Lange Published
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By the looks of it, Tiger Woods got his groove back. He finished the first round of the 2018 Arnold Palmer Invitational four under par, making this the second consecutive week in which Woods has at one point led a PGA Tour event. For some, this is the return of golf’s messiah, while for others this is a chance to make a quick buck off of one of the greatest players in the history of the sport.

Following his impressive start to the Arnold Palmer Invitational, where he seeks a record ninth victory at Bay Hill, bookmakers have reported thousands of bets on a 2018 Masters win.

Last year, it seemed unlikely that Woods would make a return at all. The odds were as large as 100/1 for a Masters success this year, but they are now the lowest they’ve been since 2014, according to the Irish bookmaker Paddy Power.

Currently, Woods is rated at just 7/4 — compared with 8/1 at the start of the year — to win a major in 2018 and 25/1 to be named World Number One.

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Conversely, he’s priced at 20/1 to retire from the sport altogether, a price that has gone out from 9/1 following his recent performance.

A spokesperson for Paddy Power said:

I’ve always been a fan of a romantic comeback, and it looks as though our punters think Tiger is onto a Masters winner.

His odds are tumbling at a frightening pace, and we could be in for a hefty pay-out next month at this rate.

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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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