With his golf game in disarray, Tiger Woods' sudden fall from grace is being reflected at sports books. The odds on Woods to win the PGA Championship are soaring as high as 15-1, but wagering support for him is at an all-time low.
"Tiger doesn't have too many friends at the betting windows this week," Las Vegas Hilton golf oddsmaker Jeff Sherman said. "If we had him at 6-1 right now, we would not write a ticket on him."
Phil Mickelson is the favorite at 12-1 odds in the PGA, which begins Thursday at Whistling Straits in Wisconsin. Mickelson is also a minus-150 favorite in a matchup against Woods.
A week ago, Sherman posted Woods' PGA odds at 6-1. But after Woods shot 18 over par and finished tied for 78th in the 80-player Bridgestone Invitational, Sherman bumped Woods to 12-1. After taking no bets, Sherman moved it to 15-1, and at that price only two wagers in 24 hours showed up on Woods.
The Hilton is offering propositions on Woods' finish position (19½) and whether he will make the cut. Woods opened at minus-300 to make the cut, but after the Hilton took action on the other side, Sherman lowered the line to minus-275.
"It's just unbelievable, and 15-1 is probably low," handicapper Barry Holthaus said. "The way Tiger is playing, he might be lucky to make the cut on a tough track like Whistling Straits, especially after a quick turnaround from last week's debacle.
"Tiger's downfall is giving other players confidence. They no longer fear him as they once did."
The Hilton also posted a Yes/No prop on Woods to win. But bettors must lay minus-2500 (bet $2,500 to win $100) against him, and Holthaus said "no reasonable person" could take that risk.
When the PGA was last played at Whistling Straits in 2004, Woods finished six shots back in 24th.
Sherman said he likes the chances of Rory McIlroy (15-1), Steve Stricker (20-1), Matt Kuchar (40-1), Jeff Overton (50-1) and Bo Van Pelt (60-1).
For bettors preferring a wait-and-see approach, the Hilton will post adjusted odds after each of the first three rounds.
Contact reporter Matt Youmans at firstname.lastname@example.org or 702-387-2907.