Tiger Woods falls to 50-1 odds to win Masters

Published Feb. 9, 2015 7:52 a.m. ET

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Tiger Woods' chances of winning a fifth green jacket and his 15th major title in April seem merely a pipe dream -- at least in Las Vegas. The Westgate Las Vegas SuperBook has put the former World No. 1 at 50-1 odds to win the Masters this spring.

In the past two weeks, Woods has dropped from 12-1 to 20-1 and now to 50-1 odds to win the Masters.

Woods withdrew from last weekend's Farmers Insurance Open on his 12th hole in the first round, citing tightness in his back. A week earlier, he missed the cut at the Waste Management Phoenix Open after shooting a second-round 82, his highest 18-hole score as a professional.

Now Woods is back home in Florida contemplating his next start, which likely will be at the Honda Classic if he is healthy.

"It's frustrating that it started shutting down like that," Woods said of his back and upper-leg discomfort. "I was ready to go. I had a good warm-up session the first time around. Then we stood out here, and I got cold, and everything started deactivating again. And it's frustrating that I just can't stay activated. That's just kind of the way it is."

While Woods' stock has fallen in Las Vegas, Rory McIlroy is still the odds-on favorite (4-1) to complete the career Grand Slam at the Masters.

After his victory at the Farmers Insurance Open, Jason Day has moved to 15-1 odds with defending champion Bubba Watson, Jordan Spieth and fellow Australian Adam Scott.

When the updated Official World Golf Rankings are released Monday, Day will likely move from eighth to fourth and bump Adam Scott. That will leave McIlroy, Henrik Stenson and Watson in the first three spots.

As for Woods, he will continue to fall from his current rank of No. 56 and is likely to end up outside the top 60. That will be his lowest position in the rankings since the end of 1996 when he began his PGA Tour career.

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Despite playoff loss, Harris English making progress

Charles Howell III plays into familiar spot at Farmers Insurance Open