Thursday, November 12, 2009

Tiger Woods firms in the betting

Following Tiger Woods’ 6-under round of 66 in the first round of the Australian Masters, Sportsbet.com.au has framed a market on Tiger’s total score for the tournament.

“From Tiger’s display today, we think around the low minus 20’s is about right,” said Sportsbet.com.au’s Haydn Lane.

Tiger’s total score in the 2009 Australian Masters
-15 or worse $11.00
-16 to -18 $4.25
-19 to -21 $3.75
-22 to -24 $3.00
-25 or better $4.00

In overall betting, Tiger has been $2.60 into $1.70 today following his blistering first round.

“Tiger has been well supported since markets opened, and we took a $50,000 bet on Tiger at $1.70 today during his round,” said Lane.

“Tiger is obviously the standout, although we think there’s great value to be had elsewhere as the greens will firm up over the weekend and it will be tough for everyone.”

Other sportsbooks have Tiger as short as $1.55 to win the tournament.

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