$85K wager on Tiger Woods winning Masters to pay $1.19M

Annette Crawford
April 17, 2019

When Tiger Woods was busy winning his first Masters championship in 1997, he presumably had neither the time nor inclination to read Donald Trump's then newly published book, The Art of the Comeback.

"I'm not going to play as much as I did past year", he said. One gambler, however, was a little more excited than the other fans.

While down 11% from last year's much later PM broadcast Masters Final Round, Woods' first major USA victory since 2008 is the best any early AM golf airing has done in 34 years on any network.

Adducci's reason for betting thousands with 14-1 odds?

Woods' victory earned the bettor $1.19 million, more than the three PGA Tour players who tied for second behind Woods.

Tiger, meanwhile, held his nerve to card a 2-under-par 70, finishing one shot ahead of Dustin Johnson, Brooks Koepka and Xander Schauffele. It had been 14 years since he last won the Masters and 11 years since his last victory in a major.

The bet returned $1.19 million, the largest single-ticket sum payout in the history of William Hill casinos in the U.S.

William Hill said it made its largest payout since several huge wagers were placed on the Eagles to beat the Patriots in the Super Bowl in 2018, and it was the largest for any non-Super Bowl bet.

"It's a painful day for William Hill - our biggest golf loss ever - but a great day for golf".

The early betting odds favor Woods to win the next major tournament on the calendar. A New Jersey outlet of BetStars took a net loss of about $360,000 on its Masters futures market, the biggest for the company since sports betting was legalized in the state a year ago.

Closer to home, ESPN reports that BetStars' sportsbook in New Jersey got hit for an approximate $360,000 loss on the futures market due to the tournament win.

Tiger Woods of the U.S.is congratulated by Jack Nicklaus (L) after his final round of the Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio, June 3, 2012.

Other reports by Iphone Fresh

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