Four-time Masters champion Tiger Woods is accustomed to being the betting favorite at Augusta National, so the fact that he is now 60 to 1 odds to win golf’s most prestigious tournament this week speaks volumes about his current form.

Woods has participated in just three PGA events this season, finishing the Hero World Challenge — where he placed 17th and won $102,500 — while missing the cut at the Phoenix Open and withdrawing from the Farmers Insurance Open due to a back injury.

So he likely would be sitting at much worse odds to win the Masters according to GolfOdds.com this year if not for the fact that he’s Tiger Woods. Prior to announcing his intention to play the Masters, Woods was listed as high as 40 to 1 at some sportsbooks. Erik Compton, who shot the same score as Woods in the first round—one-over 73—was listed at 1000/1 after Day 1.

Woods missed last year’s tournament at Augusta following back surgery and has never had worse odds to win the Masters than he does this week. Two years ago Woods was the 4 to 1 favorite to win the Masters and placed fourth for his best finish at a major since ending up third at the British Open in 2012.

It has been 10 years since Woods last won the Masters, and his last victory at a major overall came in 2008 at the U.S. Open. Woods has not won a tournament since 2013.

Over the past year, Rory McIlroy has risen to the top of the world rankings and assumed Woods’ role of the favorite on the golf odds at the sportsbooks. While McIlroy has never won the Masters, he heads into this year’s event as the 6 to 1 betting favorite.

McIlroy’s top finish at the Masters came last year when he tied for 8th place, and he has won every other major tournament at least once in his career. McIlroy proved himself as a worthy No. 1 player by winning each of the last two majors a year ago, the British Open and the PGA Championship, and he finished in the Top 10 of a dozen tournaments overall in 2014.

Bubba Watson won the green jacket for the second time in three years in 2014, and he is set at 11 to 1 to become the first golfer since Woods in 2002 to win two Masters titles in a row. Watson has started this season strong with four Top-10 finishes in the six events he has entered, winning the HSBC Champions tournament in China last November and placing third in the Cadillac Championship last month behind winner Dustin Johnson.

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Johnson is at 14 to 1 on the odds to win the Masters along with Jason Day, and Jordan Spieth is viewed as McIlroy’s top competition at 8 to 1. Johnson has never won a major, and his best finish at the Masters came in 2013 when he tied for 13th place.

Day tied for second at the Masters four years ago and was second at the U.S. Open in 2011 and 2013. Meanwhile, the 21-year-old Spieth looks like golf’s brightest young star after tying for second at Augusta last year and already winning twice on the PGA Tour.

Here is the full list of Masters’ odds from GolfOdds.com:

Jordan Spieth 9/4

Jason Day 5/1

Rory McIlroy 10/1

Justin Rose 10/1

Sergio Garcia 12/1

Dustin Johnson 15/1

Bubba Watson 20/1

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Phil Mickelson 25/1

Patrick Reed 25/1

Ryan Palmer 30/1

Ernie Els 30/1

Paul Casey 30/1

Charley Hoffman 30/1

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Adam Scott 40/1

Russell Henley 40/1

Bill Haas 50/1

Tiger Woods 60/1

Henrik Stenson 60/1

Jimmy Walker 60/1

Webb Simpson 60/1

Billy Horschel 60/1

Keegan Bradley 66/1

Rickie Fowler 80/1

Matt Kuchar 80/1

Hideki Matsuyama 80/1

Angel Cabrera 80/1

Brooks Koepka 80/1

Charl Schwartzel 80/1

Keegan Bradley 100/1

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Louis Oosthuizen 100/1

Gary Woodland 100/1

Kevin Streelman 100/1

Zach Johnson 125/1

Lee Westwood 150/1

Graeme McDowell 150/1

Angel Cabrera 150/1

Seung-Yul Noh 150/1

Brandt Snedeker 200/1

Ian Poulter 200/1

Padraig Harrington 200/1

Charl Schwartzel 250/1

Jonas Blixt 250/1

Chris Kirk 250/1

John Senden 250/1

Brooks Koepka 250/1

Stephen Gallacher 250/1

Jim Furyk 300/1

Martin Kaymer 500/1

Jason Dufner 500/1

Hunter Mahan 500/1

Luke Donald 500/1

Victor Dubuisson 500/1

Ryan Moore 500/1

Steve Stricker 500/1

Jamie Donaldson 500/1

Thomas Bjorn 500/1

Kevin Na 500/1

J.B. Holmes 500/1

Shane Lowry 500/1

Geoff Ogilvy 500/1

Bernd Weisberger 500/1

Matt Every 500/1

Branden Grace 500/1

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