2012 Masters Odds: Tiger Woods, Rory McIlroy Have Best Odds

The 2012 Masters is just over the horizon, and before you know it the jump suited caddies and beautiful azaleas will be gracing your television once again. But before the tournament can begin, it's time to place some bets, which means we need to know what the odds are. Here are some of the notable entrants, according to Bovada.

As expected, the two favorites of the tournament are Tiger Woods and Rory McIlroy. McIlroy is the No. 1 player in the world right now and is playing as good and consistently as anyone on the planet. Tiger regained his form two weeks ago and is the hopeful favorite of golf fans who want to see a compelling tournament this year. Tiger actually has the best odds at 4/1, while McIlroy comes in at 5/1.

Despite some struggle recently Phil Mickelson is a 12/1 favorite, while Lee Westwood and Luke Donald both come up just behind him at 14/1. Hunter Mahan, who won the Shell Houston Open this past weekend, jumps up to 25/1.

For complete coverage of the 2012 Masters Tournament head over to the SB Nation golf hub page, or SB Nation's golf blog, Waggle Room.

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