Tiger Woods British Open Odds, Liability: ‘Tiger money’ flows again

Tiger Woods British Open Odds, Liability: ‘Tiger money’ flows again

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Tiger Woods taking part in in Main Championships has change into a well-known dance for sportsbooks at this level.

Bookmakers know that it is rather unlikely that Woods wins the upcoming 2022 Open Championship (aka the British Open), however they weren’t born yesterday so that they’re additionally conscious that even when they tax Woods’ odds, they’ll get sufficient ‘Tiger Cash’ that one other fairytale victory would completely crush them. It’s all about discovering that candy spot for either side of the window.

Oddsmakers wish to put out a quantity that can appeal to as many bettors as doable, whereas additionally not placing out a quantity that would put themselves in a really unhealthy spot ought to the unthinkable occurs.

Woods was +5000 to win the Masters and +6600 to win the PGA Championship, which each look lengthy sufficient to informal punters and Tiger followers to be attractive, whereas additionally not even coming near representing his true odds, that are seemingly someplace within the triple-digits.

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Lengthy-term success in sports activities betting will at all times come all the way down to self-discipline and making +EV (constructive anticipated worth) choices most of the time, however there are at all times exceptions to each rule. Individuals — even sharp of us — wish to guess Tiger, even at unhealthy numbers. Who is aware of what number of extra alternatives we’ll get to throw some beer cash on Woods to win a Main?

On the time of writing, Woods is +6600 on BetMGM to win the Open Championship at St. Andrews and as soon as once more it looks like bookmakers have discovered that candy spot. In accordance with John Ewing of BetMGM, 5.7% of the tickets they’ve written and 6.7% of the cash that’s been guess at their store is on The Massive Cat. Woods is their greatest legal responsibility.

Tiger Woods speaks to the media forward of the 2022 Open Championship.Getty Pictures

And it’s the kind of legal responsibility that bookmakers might be wonderful with.

“Tiger Woods is already a big legal responsibility for [us],” Jason Scott, the VP of buying and selling at BetMGM, stated to Ewing. “Judging from his previous couple of tournaments, taking part in 4 days in a row appears to place unbelievable stress on Tiger’s physique so we’re snug with the massive legal responsibility.”

Golf followers and Tiger backers might level to what occurred on the 2019 Masters as a cause to chuck a couple of bucks on Woods — and hell, betting ought to be enjoyable so when you love Tiger and wish to have some pores and skin within the recreation ought to the unthinkable occur, by all means — however it’s price noting the variations between what was occurring within the spring of 2019 and what Tiger is coping with right now.

Woods, who went off at +1400 for that storybook win at Augusta, was taking part in right here and there earlier than the Masters that 12 months. He wasn’t taking part in a lot, certain, however he was solely six months faraway from a win on the TOUR Championship the earlier fall.

Betting on golf?

Tiger has performed two tournaments — the Masters and PGA Championships — since getting right into a automotive accident final February. And in a type of occasions, the PGA Championship, Woods pulled out after the third spherical. By means of seven rounds of golf in 2022, The Massive Cat is +25. You set another golfer — even gamers like Jon Rahm, Justin Thomas or Rory McIlroy — on this state of affairs and they might not be given an opportunity to contend this weekend. However Woods, as at all times, has earned the respect of no one counting him out.

Woods is the best golfer and one of many best athletes to ever stroll the earth, so sure there’s a tiny likelihood he can overcome the percentages to raise his fourth Claret Jug and first since 2006.

But when it doesn’t occur, sportsbooks will discover themselves in a terrific place.

Once more.

About Muji Sakawari

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