Tiger Woods beat the odds to win the Masters, and we don’t just mean in the figurative sense. It turns out the victory made some people very rich and some sportsbooks very poor.
It’s Tiger’s first major win in almost 11 years, and for the risk takers who placed bets on Tiger to win this year’s Masters, it has literally paid off.
The Action Network reported that William Hill, FanDuel and DraftKings each said they paid out more than $1 million.
One person was especially lucky:
William Hill did so to a single customer, who bet $85,000 on Woods at 14-1 odds in a southern Nevada sportsbook on Wednesday. The bet, which had to be approved by William Hill U.S. CEO Joe Asher, paid out $1.19 million.
The bet is the single largest payout on a golf bet in the US division of the company’s history and the 2019 Masters marks the book’s biggest golf loss ever.
Before the tournament began, DraftKings was the only book that said it had more than 25% of the money (27%) on Tiger to win. On Saturday at 6 p.m. ET, as Tiger was 2 strokes behind the lead, DraftKings boosted odds longer from 3.5-1 to 10-1. DraftKings wouldn’t say what the limit was, but several players were stopped at a $202.42 bet.
It’s said that William Hill had no previous history with the bettor.
So the newbie came in hot? Maybe I still have a chance.
When is Tiger playing again?
[source:theactionnetwork]
