- Tiger Woods won the 2019 Masters, his first win at a major since 2008.
- Before the tournament, one bettor placed a $US85,000 bet on Woods to win at 14/1 odds.
- When Woods won on Sunday, that ticket cashed for $US1.19 million.
- Read all of Business Insider’s Masters coverage here.
- Visit BusinessInsider.com for more stories.
Tiger Woods has always been a favourite pick for golf bettors, but when the Masters teed off on Thursday, one gambler will had a lot riding on Woods’ performance.
On the Tuesday before the Masters, a bettor placed an $US85,000 wager on Woods to win the tournament at 14/1 odds that would cash for $US1.19 million should he go on to win a fifth green jacket.
The person placed the bet at William Hill US sportsbooks, and according to ESPN’s David Purdum, represents the largest liability on any individual golf wager in the company’s history.
In response to that bet, and likely more action coming in on Woods to win the tournament, William Hill moved his odds down to 10/1, putting him tied for second with Dustin Johnson and behind Rory McIlroy (7/1) as one of the favourites to finish on Sunday atop the leaderboard.
On Sunday, Woods came through, playing a brilliant second nine to shoot into the lead. He would not look back.
Read more: Tiger Woods wins the Masters
With the win, the lucky bettor adds $US1.19 million to their bankroll, and William Hill US takes a hit. Across Las Vegas, other sportsbooks were also licking their wounds a bit after Woods big win.
Jay Kornegay of the Westgate Las Vegas SuperBook told Business Insider before the round on Sunday that should Woods win, “We’ll take a hit, but not big enough to raise the price of our sandwiches.”
Heading into the three majors still left in the year, don’t be surprised if Woods is the favourite.
- Read more Masters 2019:
Business Insider Emails & Alerts
Site highlights each day to your inbox.