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The Masters 2011: Betting Odds Have Phil Mickelson as Favorite, Tiger Woods Second

The Masters isn’t just the most prestigious golf tournament in the world, it also is big tome business with lot’s of money to be made. One way to get in on the action is to place some bets, and the oddsmakers have the usual suspects at the top of their list.

Bodog.com has released their odds for the 2011 Masters and has Phil Mickelson at the top of the list with 6/1 odds. Lefty dominated the field last week at the Shell Houston Open, shooting a 63 on Saturday, tying the course record at Redstone Golf Club in Humble, Texas.

Despite the fact he hasn’t won a tournament since the BMW Championship in September of 2009, Tiger Woods is always one of the favorites at Augusta, and as a five time champion rightly so. Tiger’s odds of winning are 8/1 according to Bodog, and it would be one of the best stories in sports if Tiger could rise from the depths of his current struggles on and off the course.

Other important odds:

Current #1 in the world Martin Kaymer: 22/1
Sacramento Native Nick Watney: 16/1
Englishman Lee Westwood: 16/1
Up and coming Rickie Fowler: 40/1
South African Ernie Els: 50/1
Spanish star Sergio Garcia: 66/1

Stay with SB Nation Bay Area for complete Masters news and coverage as it occurs.