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2012 PGA Championship Odds: Tiger Woods Favorite Entering Saturday's Third Round

The third round of the 2012 PGA Championship is underway Saturday, with the field chasing Tiger Woods, Vijay Singh and Carl Pettersson, all tied atop the leaderboard at 4-under par for the tournament. Woods is looking for his first major win since 2008, and is now the favorite to win the 2012 PGA, according to the fine folks at Bovada.

Woods is 3/2 to take home the title, with Rory McIlroy having the second best odds at 7/1. Singh, playing in the final group of the day with Woods, has 10/1 odds, with Pettersson at 12/1 to win. Adam Scott, fresh off an epic collapse at the British Open, also has 12/1 odds.

Television coverage of the third round begins at 11:00 a.m. EST on TNT, and switches over to CBS at 2:00 p.m. EST. A live stream of the event is available at PGA.com

For a complete live leaderboard, visit Golf.com.

For more on the 2012 PGA Championship, check out SB Nation's golf page and this StoryStream.

Photographs by dizfunk used in background montage under Creative Commons. Thank you.