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Masters 2016 odds: Jordan Spieth the heavy favorite to repeat at Augusta

Does anybody want Rickie Fowler at 400/1?

Defending Masters champion Jordan Spieth did not start the week at Augusta National as the favorite to win his second straight Masters. It only took 18 holes for that to change quickly and in a big way. Spieth's opening round 6-under 66, which put him right back on the lead for the fifth straight Masters round, makes him the overwhelming favorite with 54 more holes to go. He started the week at 8/1 and is now 9/5 to win a second green jacket.

Spieth's prospects can obviously change in hurry at Augusta -- that's the nature of the place, as we saw with Jason Day on Thursday. Day, the No. 1 player in the world, was cruising right along and looked like he'd pass Spieth's early leading score. After 5-under 31 on the first nine, Day unraveled down the stretch, putting one in the water at the 16th and making a triple bogey. He played Nos. 15-17 in 5-over to erase all the work he did on the first nine and drop back to even-par. Day, who started the week as the slight favorite at 7/1, is now 9/1 which is ... not great value for a guy, however dangerous he may be, six shots back.

Those blow-ups are out there but Spieth seems to have the place figured out in just his third career start at Augusta. Even when he doesn't have his best stuff, he manages the course, stops the bleeding, and figures out a way to save pars and stay on or near the lead. Friday will be a challenge with more breezy conditions expected to hammer the players in the second round.

While Day's odds did not jump dramatically, a few other favorites at the start of the week are now long shots thanks to their mess of a first round. Rickie Fowler started the week at 15/1. Now? He's 400/1 thanks to a disastrous opening round 80 that will make it a challenge just to get to the weekend. Bubba Watson, the two-time champ and lefty who seems perfect for this course, tumbled from 12/1 to 66/1 after a similarly messy back nine like Day's. Adam Scott was a trendy pick and favorite at the start of the week, but after 18 holes of uninspired play, he's all the way down from 12/1 to 100/1.

Here are your updated odds after the first 18 holes (via Bovada):

Player Odds to win
Jordan Spieth 9/5
Rory McIlroy 11/2
Jason Day 9/1
Justin Rose 9/1
Sergio Garcia 18/1
Shane Lowry 20/1
Paul Casey 22/1
Danny Lee 28/1
Phil Mickelson 28/1
Hideki Matsuyama 33/1
Danny Willett 33/1
Henrik Stenson 35/1
Dustin Johnson 40/1
Louis Oosthuizen 40/1
Ian Poulter 40/1
Brandt Snedeker 50/1
Billy Horschel 66/1
Jimmy Walker 66/1
Bubba Watson 66/1
Charley Hoffman 80/1
Zach Johnson 80/1
Soren Kjeldsen 100/1
Scott Piercy 100/1
Adam Scott 100/1
Lee Westwood 125/1
Emiliano Grillo 150/1
J.B. Holmes 150/1
Brooks Koepka 150/1
Kevin Na 150/1
Matthew Fitzpatrick 200/1
Graeme McDowell 200/1
Angel Cabrera 250/1
Bryson DeChambeau 250/1
Kevin Streelman 250/1
Marc Leishman 300/1
Patrick Reed 300/1
Smylie Kaufman 300/1
Daniel Berger 300/1
Rafa Cabrera-Bello 300/1
Branden Grace 300/1
Matt Kuchar 300/1
Charl Schwartzel 300/1
Bernd Wiesberger 300/1
Hunter Mahan 325/1
Chris Wood 325/1
Victor Dubuisson 350/1
Jamie Donaldson 350/1
Bernhard Langer 375/1
Kiradech Aphibarnrat 400/1
Harris English 400/1
Martin Kaymer 400/1
Rickie Fowler 400/1
Bill Haas 400/1
Thongchai Jaidee 400/1
Justin Thomas 450/1
Troy Merritt 450/1
Keegan Bradley 500/1
Chris Kirk 500/1
Vaughn Taylor 500/1
Byeong-Hun An 600/1
Kevin Kisner 600/1
Davis Love III 600/1
Jason Dufner 750/1
Anirban Lahiri 800/1
Jim Herman 900/1
Webb Simpson 1000/1
Fabian Gomez 1500/1
Romain Langasque 1500/1
Cameron Smith 1500/1
David Lingmerth 1750/1
Ryan Moore 1750/1
Russell Knox 2000/1
Tom Watson 2500/1
Derek Bard 3000/1
Andy Sullivan 3000/1

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