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Money back Tiger Woods bet on offer

In keeping with the Christmas spirit, New Zealand's national betting agency is offering anyone willing to bet against Tiger Woods in the New Zealand Open a money-back offer.

The TAB betting agency launched a "taming Tiger" deal when it opened its book on the golfing event.

Punters who back one of the 143 golfers playing against Woods will get their money back if their player finishes ahead of Woods - even if their choice doesn't win.

The return for betting with Woods is not good - he is paying just 1.70 New Zealand dollars on a dollar bet to steal New Zealand golfer David Smail's title won earlier this year at The Grange in Auckland.

TAB spokesman Joe Locke said the money-back deal was not a slight on Smail or any of New Zealand or Australia's professional golfing talent.

"It's not that our bookmakers are biased or don't rate the Kiwis, it's more the fact they rate Woods so highly," Locke said today.

"We just hope, for the Open organisers' sake and the punters, that he makes the cut. I don't think we could offer odds on that though."

The New Zealand Open is scheduled for January 10-13 at Paraparaumu Beach north of Wellington.

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