Tiger Woods will address the media on Friday for the first time since his off-the-course scandal erupted, with the world number one closing in on a return to action ahead of the Masters (with Phil Mickelson 9/2 fav in the winner without Woods market).

In December of last year, Woods announced he would take an “indefinite break” from golf after media reports detailing extramarital affairs.

But the 34-year-old’s agent, Mark Steinberg, says Woods will speak to selected media at the Sawgrass Clubhouse in Florida – the headquarters of the PGA Tour (with Mickelson 2/1 to top the money list without Woods).

Steinberg said: “Tiger feels as though it’s time to make amends and to publicly do that. He feels he has let down his fans. He wants to begin the process of making amends and that’s what he’s going to discuss.”

As well as reflecting on what has happen, reports claim Woods will also talk about the future and is likely to set a date for his return to competitive golf.

The first Major of the year, the Masters – which Woods has won four times, takes place from April 8-11 and the American star is expected to compete at Augusta.

Make sure you keep a check on Totesport’s golf betting markets throughout the 2010 season.