If anyone wants a perfect example where the odds dont reflect reality, but rather reflect the propensity of a the public to bet a certain side...this is it.

Woods is a fave at 8-1 having not won in years. "The man" knows the public doesnt need incentive to bet on woods. So they limit their exposure and say "you want to bet on tiger....be my guest....I offer 8-1 and you will be thrilled with it"

He should be around 15-1 at least. There are other golfers who recently won this year that are double digits. But the public doesnt need to be sold they will take what they are offered.