Vegas: Woods 50-50 to make Masters cut

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Will Tiger Woods make the cut at the Masters after a two-month hiatus?

According to oddsmakers in Las Vegas, you might as well flip a coin.

Shortly after Woods announced that he will return to competition next week at Augusta National, the Westgate Las Vegas SuperBook released several props related to how he'll fare in his first start back from a leave of absence.

The four-time champion is even money to make the cut and is minus-120 to miss the cut (meaning bettors must wager $120 to win $100). The Masters field is currently expected to be 98 players, and the low 50 plus ties - plus any players within 10 shots of the 36-hole lead - will play the weekend.

Woods is plus-350 to finish inside the top 20 (meaning bettors must wager $100 to win $350) and a hefty minus-420 to finish 21st or worse. Woods has played in 17 Masters as a professional and has finished outside the top 20 just twice, most recently in 2012 with a T-40.

Woods' opening round will be his first competitive action since withdrawing from the Farmers Insurance Open on Feb. 5, and the over/under on his first-round total is set at 73.5, with minus-120 odds assigned to the over and even odds on the under.

Woods remains 40-1 to win his fifth green jacket, and there is even a prop on whether or not he will withdraw at some point during the tournament: plus-500 odds for yes, minus-700 odds for no.