Tiger Woods’ Masters Win Cost Sportsbooks 7-Figure Losses

By 2 years ago

After near 11 years, Tiger Woods won his first Masters since 2008. Tiger’s victory is certainly one for the books—three major sportsbooks in particular, actually. FanDuel, Draft Kings, and William hill paid out over $1 million each.

One lucky bettor at William Hill found himself in the midst of tremendous fortune. The single customer bet $85,000 on Woods at 14–1 odds in a southern Nevada sportsbook. The bet was approved by the CEO of William Hill and, despite its unlikelihood, the sportsbook shelled out $1.19 million in the end for Tiger’s win.

“After Friday, gamblers couldn’t get enough,” said Nick Bogdanovich, the company’s sportsbook director. “They just kept betting him.”

The William Hill bet was the single largest payout on a golf bet in the U.S. division of the company’s history. The 2019 Masters marks the sportsbook’s largest golf loss ever.

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