Tiger Is Back: Indiana Sportsbook Promos For Woods’ Return To PGA Memorial Tourney

Posted on July 15, 2020 - Last Updated on March 20, 2024

The Memorial Tournament is the next stop on the PGA Tour.

The tournament will be taking place in Dublin, Ohio from July 16-19.

There’s a $9.3 million purse up for grabs, so expect some heavy competition.

Some of the biggest names in golf will be hitting the course, including Tiger Woods. Woods has been out of the action for the past five months, but is making his return at the Memorial Tournament.

Patrick Cantlay won the tournament in 2019, and is returning to go for back-to-back wins.

Indiana’s online sportsbooks are gearing up for the tournament. Since its a PGA Tour event, there’s plenty of betting options.

Betting on Tiger Woods with BetMGM

BetMGM sportsbook has a fresh promotion out for the Memorial Tournament.

New users can turn a $1 bet into $100 by betting on Tiger Woods. If you bet on Woods to win the tournament, you’ll win as long as he finishes in the top-50.

At +2,000, Woods has the sixth-best odds to win the tournament according to BetMGM.

As one of the most recognizable names in sports, Woods is attracting a lot of attention with his return.

To help capitalize on that, BetMGM has another Woods-centered promotion running for the tournament.

The sportsbook’s “Tiger Cut Insurance” promo is available to everyone, rather than just new users.

The promo is offering golf fans a bonus bet on Woods.

Once you opt-in to the promo, you can place a bet up to $25 on Tiger to win the tournament. If Woods ends up missing the cut, BetMGM will refund you.

If Woods ends up winning, he would break his own record for the most wins at the tournament. 2020 would be his sixth win, and first since 2012.

Memorial Tournament betting odds

DraftKings has some solid odds out for the Memorial Tournament.

Justin Thomas is the favorite to win the tournament, followed by some familiar names. Here’s a few of the favorites:

  • Justin Thomas: +950
  • Bryson Dechambeau: +1,050
  • Rory McIlroy: +1,300
  • Patrick Cantlay: +1,450
  • Dustin Johnson: +1,700

DraftKings is also offering prop bets for the first round of the tournament.

Over/under betting is available for the round one score of golfers like Justin Thomas, Brooks Koepka and Dustin Johnson. Right now, the betting value has been set at 69.5 for wagers on all three of those golfers.

Additionally, there’s all sorts of props out there on things like whether or not there will be an albatross in the tournament. At least for now, no is the heavy -5,000 favorite, with yes at +1,200.

FanDuel’s online betting app is also making the most its new partnership with former Colts player Pat McAfee.

McAfee’s new “Super Boost” jacks up the odds on Tiger Woods making the cut. Woods was originally at -450 to make the cut, but the promo boosts those odds up to +100.

All of Indiana’s sportsbooks are pumping out new options for the Memorial Tournament. If you’re looking to bet but don’t love these options, shop around with the state’s other online betting apps.

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Jake Garza

Jake Garza is a US Gambling Industry Analyst for Catena Media. He specializes in Midwest sports betting and casino content. Prior to covering the legal gambling industry, he spent time as a professional sports writer, reporting on teams such as the Cincinnati Bengals, Indianapolis Colts and Indiana Pacers. Garza is currently working as a Managing Editor for PlayIndiana and PlayOhio, with previous stops at other well-known brands such as PlayIllinois and PlayMichigan. He has been covering the gambling industry since 2019, and currently works with a team of other journalists to provide comprehensive coverage of the legal U.S. gambling industry.

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