New favourite for 2011 Masters after typical Woods charge

Tiger Woods rediscovered his old magic at Augusta National last night and after shooting a second round 66 now heads the bookmakers lists at a best priced 4.00 with Bet 365, Ladbrokes and Coral.

As previously highlighted on Valuechecker Tiger Woods has a record second to none in the Masters and has looked on good terms with himself from the moment he drove up Magnolia Lane earlier in the week.

The former world number one has now moved to within three strokes of the lead, currently held by Irishman Rory McIlroy, who himself impressed with a solid looking 69 which leaves him on ten under par for the tournament.

McIlroy, only twenty one years-old showed a maturity beyond his years and if a few more putts had dropped could easily have poached a bigger lead heading into the weekend. Bet 365, Paddy Power, Victor Chandler and Coral have the talented youngster at a best priced 4.33 to walk away with the green jacket on Sunday evening.

Currently in second place is Australian Jason Day, who sits just two shots off the lead after his stunning 64 and can be backed at 15.00 with Boylesports, Paddy Power and Coral, while KJ Choi and Geoff Ogilvy remain prominent in the betting after solid second rounds.

Perhaps the biggest move outside Tiger came from Englishmen Lee Westwood who played holes thirteen and fifteen in three under par, which helped him card an impressive 67 and move to within five of the lead.

An indication of how odds can change is that Westwood was a general 26.00 shot before playing the thirteenth and around 11.00 after he walked off fifteen, so trading on Betfair should also be high on your list of priorities when the third round gets under way this evening.