Bettor earns $ 1.19M in Tiger while books are bathed



Some bookmakers, from Nevada to New Jersey, did not believe that Tiger Woods would win the Masters.

It was an expensive calculation error.

Woods won the Masters on Sunday, his first major title since the US Open. UU Of 2008 and the first victory in Augusta National since 2005. Woods was among the highest-level candidates, closing around 12-1.

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On Tuesday, a bettor at a sports betting house in William Hill, United States, in Nevada, placed an $ 85,000 bet on Woods to win with a 14-1 odds. It was the first bet made by the client at William Hill and will pay $ 1.19 million, the largest golf ticket in the history of the company in the US. UU

"Pretty good first bet," William Bogdanovich, William Hill's US operations director, told ESPN.

It is believed to be the fourth seven-figure payment of a bet at a sports betting house in William Hill, United States. The previous three were in the Philadelphia Eagles in Super Bowl LII against the New England Patriots.

"It's great to see Tiger back," Bogdanovich said in a statement. "It's a painful day for William Hill, our biggest loss, but a great day for golf."

The SuperBook in Westgate Las Vegas reported a net loss of five figures in its future Masters. Jeff Sherman, vice president of risk for the SuperBook and a specialist in golf odds, said he could not remember the last time the book suffered a net loss in the Masters winner and that Woods' victory probably produced the book's biggest loss. in a golf event.

In February, the SuperBook bet $ 10,000 on Woods at 12-1, which will pay $ 120,000.

"I thought I had the opportunity to be competitive," Sherman told ESPN, "but I'm a little surprised that he wins, especially with the competition he faced," said the Tiger Woods. golf with the statistics of someone with a probability of 25-1 ".

BetOnline.ag, a sports betting house abroad, told ESPN that Woods' victory produced the company's biggest loss in a futures market, greater than any losses it has suffered even in the Super Bowl.

It was not all bad for the bookies. The sports betting houses Caesars Entertainment, which reported having saved a small victory in the Masters, made a big bet on a yes / no proposition bet, "Tiger Woods will win the four major races?" The bettor put $ 20,000 in the "no" to the odds of -100,000. If Woods does not win the PGA Championship, the Open and US Open Championship. UU., The bettor will charge $ 20 net. Woods opened as the +850 favorite to win the PGA Championship at FanDuel, with Rory McIlroy and Dustin Johnson behind him at +950.

Sports betting was not as excited as Tiger Woods on his first major win since 2008. Mike Ehrmann / Getty Images

Woods finished the victory with a 2 under par 70 on Sunday. He entered the last round 2 shots back. Francesco Molinari.

Several athletes were not convinced that Woods would take it into account and were willing to offer extended fees and promotional reimbursements.

On Saturday with Woods very much in the fight, DraftKings beat his 3-1 to 10-1 odds and reached 15-1 during the final round on Sunday. Almost 60 percent of the bets since the third round were in Woods in DraftKings, and approximately 30 percent of all live bets made during the tournament were in Woods.

FanDuel told ESPN that his daily offer of fantasy contests at the Masters would be more expensive than his results on the sportsbook. FanDuel made a promotion for its Mega Eagle Daily Fantasy contest of $ 1 million for the Masters that reimbursed the registration fees for each participant, even if Woods was not in their lineup.

FanDuel said he will pay more than $ 2 million in profits and promotional rebates from his $ 1 million Mega Eagle contest at the Masters, the company's largest fantasy golf contest.

FanDuel told ESPN that his daily offer of fantasy contests at the Masters would be more expensive than his results on the sportsbook. FanDuel made a promotion for its Mega Eagle Daily Fantasy contest of $ 1 million for the Masters that reimbursed the registration fees for each participant, even if Woods was not in their lineup.

FanDuel said he will pay more than $ 2 million in profits and promotional rebates from his $ 1 million Mega Eagle contest at the Masters, the company's largest fantasy golf contest.

The BetStars sports betting house in New Jersey reported a net loss of approximately $ 360,000 in its future Masters market, the largest in the short history of the company offering sports betting in the US. UU BetStars also increased Woods' odds, at a point that offered the five-time Masters champion at 100-1 with a $ 10 limit as a promotion.

Matthew Primeaux, senior vice president of strategy and operations for BetStars, said the book had discussed allowing players to bet $ 100 on Woods at 100-1, but later agreed to $ 10.

"I think my direct quote was:" Guys, there's no way that Tiger is winning this tournament, "Primeaux told ESPN. "Whoops."


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