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09 March 2006
Betting Public Backs Tiger Woods
To Win Grand Slam
Last
weekend Tiger Woods continued his hot start to the season by
conquering the "Blue Monster" at Doral in the Ford
Championship. With three wins in five events this year,
sports fans everywhere are wondering if Tiger will tame the
field and capture the elusive Grand Slam this year by
holding all four modern major championships simultaneously.
Despite immense odds against him, nearly 43% of bets believe
Woods will make history by capturing all four major titles
in 2006.
Wagering initially opened
with Woods as an 80/1 long shot to complete the Grand Slam,
but since then bettors have heavily backed Tiger, dropping
the odds on winning all four majors to 45/1. The odds on
Woods falling just one title short of making history have
shortened from 18/1 to 10/1 after nearly 25% of bets back
Tiger winning three majors this year.
"With over two thirds of
all wagers placed on Woods winning at least three majors
this year, it's clear that bettors don't put anything out of
Tiger's reach," said Simon Noble of Pinnacle Sports.
"Although he'll certainly be a clear favorite in each leg of
the Grand Slam, both history and the odds are against Tiger
Woods achieving golf immortality by capturing all four
majors this year for a Tiger Slam."
Despite being a more
likely scenario and the oddsmaker's favorite, only 9% of
wagers back Woods to finish the season with only one major
under his belt (8/5). Even though the chance that Woods
closes the PGA season major-less has the second best odds at
2/1, only 6% of bettors believe Tiger will go winless in the
four Grand Slam events. Meanwhile, the odds that Tiger Woods
will win two of golf's major championships this season
currently stands at 3/1 odds while garnering 17% of bets
placed to date.
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