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2012 Masters Odds: Tiger Woods Leads With 4/1 Odds, Jason Dufner At 125/1

The odds for who will win the Masters have been updated by Bovada and to absolutely nobody's surprise, Tiger Woods is the leader of the pack. Tiger's 4/1 odds lead the group by a long shot with Rory McIlroy's 11/2 and Phil Mickelson's 11/1 odds being the only ones that are even close to Tiger.

Cleveland native Jason Dufner is being considered a long shot for the tournament with 125/1 odds, but that's actually not too bad considering there are guys as far as 5000/1 long shots. If you're looking to try and bet on the underdog, both Ben Crenshaw and Craig Stadler have the 5000/1 odds on them.

Woods, McIlroy and Mickelson are the three leaders in the betting for simply finishing in the top five. Dufner has 22/1 top five odds.

For more on the Masters, stick with SB Nation's Golf hub page. Also be sure to check out SB Nation's golf blog Waggle Room for more golf coverage.

Photographs by spatulated, Triple Tri, and chrischappelear used in background montage under Creative Commons. Thank you.