Tiger Woods practices at Muirfield in 2002. (Getty Images)
The latest British Open odds are out, and it should surprise no one that Tiger Woods, still the World No. 1, is an 8/1 favorite. The only other player under 20/1 odds is Rory McIlroy at 12/1. Adam Scott and Justin Rose are 20/1, which seems like a decent bet, and Lee Westwood, Luke Donald, Phil Mickelson and Ernie Els come in at 25/1.
Why is Woods still at 8/1 given the fact that he looked completely lost at Merion, has only three top-5 finishes in his last 10 majors, and tied for 28th the last time he was at Muirfield? Well, for starters, Woods is still the No. 1 golfer in the world, albeit it's a world in which the level of talent is broader than it's ever been. Also, there's plenty of stupid money out there, people willing to bet on Woods just because he's TIGER WOODS. We do not advocate wagering on sporting events in an illegal fashion, but if your friends are in possession of some stupid money, why not separate them from it?
Tom Watson is in at 500/1, which ought to be worth a couple bucks just in case he pulls another miracle out of thin air. The lowest-ranked odds go with amateur Steven Fox at 1,000/1, which just seems a little mean.
Odds on whether we'll ever settle on calling it "The British Open" or "The Open Championship" are off the board.
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• Nick Faldo: Tiger Woods realizes 'he is a mere mortal'
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• Ken Duke gets his first PGA Tour win at age 44
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