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2012 Masters Odds: Woods, McIlroy Favorites; Donald Close Behind

The 2012 Masters Tournament begins on Thursday. Will Tiger Woods collect another jacket for his ever-growing wardrobe, or will a newcomer usurp the star?

PEBBLE BEACH, CA - JUNE 18:  Luke Donald of England hits a bunker shot on the second hole during the second round of the 110th U.S. Open at Pebble Beach Golf Links on June 18, 2010 in Pebble Beach, California.  (Photo by Donald Miralle/Getty Images)
PEBBLE BEACH, CA - JUNE 18: Luke Donald of England hits a bunker shot on the second hole during the second round of the 110th U.S. Open at Pebble Beach Golf Links on June 18, 2010 in Pebble Beach, California. (Photo by Donald Miralle/Getty Images)
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The 2012 Masters Tournament:

Tiger Woods (4/1) and Rory McIlroy (5/1) come in with the strongest odds according to Las Vegas Sports Betting, followed next by the great Phil Mickelson (11/1).

For Illinois residents, Luke Donald -- an English-born graduate of Northwestern University -- enters with a solid chance for a win. His 16/1 odds put him in a tie with Lee Westwood for the fourth-best chance in the tournament. Steve Stricker (40/1) and Mark Wilson (175/1), both Illinois natives, enter with outside shots at the Green Jacket, but until the tournament begins, everyone has equal footing.

The Masters practice rounds begin Monday, April 2, with the first round beginning Thursday.

For more updates and information on the 2012 Masters Tournament, stay tuned to SB Nation Chicago.