Golf GamblingOctober 10, 2016

You can bet on Tiger Woods' first-round score and whether he'll hit the fairway on his opening shot

Tiger Woods is not the favorite at this week's Safeway Open when he makes his first PGA Tour start in nearly 14 months. However, the odds set by Las Vegas handicappers for the 14-time major champ winning the event have significantly improved since Woods first announced he hoped to play in the event last month.

At that time, Woods was listed at 50/1 by Westgate Las Vegas Superbook. But on Monday, the sports book released updated odds that have Woods down to 40/1.

RELATED: A Vegas oddsmaker on how the lines are set

To put this in better context, Woods has still only been given the same odds of winning as Brendan Steele and Jason Kokrak. However, there are only eight players in the field at Silverado Resort with better odds, including co-favorites Paul Casey and Matt Kuchar at 12/1.

That group also includes Phil Mickelson (15/1), who will reportedly play with Woods for the first two rounds of the event.

Not feeling that Tiger-to-win bet? There are a bunch of other Tiger Woods prop bets:

-- Will Woods hit the fairway on his opening tee shot on Thursday? YES is -150 (Wager $150 to win $100); NO is +130 (Wager $100 to win $130).

-- Will Woods make the cut? YES is -130; NO is +110.

-- Will Woods finish in the Top 5? YES is +900; NO is -1600.

-- Will Woods finish in the Top 10? YES is +450; NO is -600.

-- Will Woods finish in the Top 20? YES is +225; NO is -265.

And finally, the over/under for Woods' first-round score is an even-par 72, which sounds like a very reasonable goal. Woods must start the tournament for there to be action with any of these bets.

Of course, there are so many other possible bets out there like will Tiger beat Phil? What kind of driver will Tiger have in his bag? Will he beat Stephen Curry in the pro-am? But these are a good start.

RELATED: Stanford golf recreates famous Tiger Woods reaction photos


WATCH: GOLF DIGEST VIDEOS