2014 Masters odds: With Tiger Woods out, Rory McIlroy the betting favorite

Mike Ehrmann

The Masters field was shaken up on Monday with Tiger pulling out of the tournament. That decision had wide-ranging ramifications, including on the betting odds.

For the first time in 20 years, Tiger Woods won't be part of the Masters field. Back surgery has him outside the ropes for now and his absence means there is a new betting favorite. Even despite his injury and the uncertainty of his status heading into the Masters, Woods opened as the betting choice. With him now officially out, Rory McIlroy takes over as the odds-on favorite.

While Woods opened up as the betting favorite, his odds slowly dropped as the tournament neared and his back remained an issue. Recently, Woods, McIlroy and Adam Scott were co-favorites at 10/1. Now with Woods out, McIlroy is the sole favorite with his odds up to 8/1, according to GolfOdds.com. McIlroy has never finished better than a tie for 15th at Augusta and hasn't won on the PGA or European Tour since 2012. His form has been better this season and he nearly came away with a win at the Honda Classic before major issues in the final round.

McIlroy is the slight favorite, but there are several players not far behind. Scott, the defending Masters champion, remains at 10/1. He's joined as the second-favorite by fellow Australian Jason Day, who is also 10/1. Day won the WGC-Accenture Match Play Championship in February and always seems to be in the mix at the majors. Phil Mickelson, who is battling an injury of his own, is 15/1 to win a fourth green jacket. Dustin Johnson is also 15/1.

Down the board a bit are Henrik Stenson, Bubba Watson and Matt Kuchar, all of which are 20/1. Justin Rose, Zach Johnson and Jordan Spieth round out the top 10 at 25/1 odds. The field is a 15/1 bet. Here is a closer look at the current top 15 betting favorites. Via GolfOdds.com:

Player Odds
Rory McIlroy 8/1
Adam Scott 10/1
Jason Day 10/1
Phil Mickelson 15/1
Dustin Johnson 15/1
Henrik Stenson 20/1
Matt Kuchar 20/1
Bubba Watson 20/1
Justin Rose 25/1
Zach Johnson 25/1
Jordan Spieth 25/1
Brandt Snedeker 30/1
Jason Dufner 30/1
Keegan Bradley 30/1
Sergio Garcia 30/1

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