A decade ago Tiger Woods was the automatic favorite for everything he played in. He wasn’t at the Masters last week. You could still get him for 14-1 heading into the weekend – and America’s sports bookies will be lamenting the fact.
A William Hill sportsbook in Nevada probably got clobbered the hardest. It lost $1.19 million in a single money-line bet to a punter who wagered $85,000 at odds of 14-1.
It was the biggest golf wagering loss ever suffered in the USA by the international betting giant. Outside Nevada where it has widespread betting shops, William Hill also has a casino and online betting operations in New Jersey.
Indeed, in March its monthly handle total put it third of the Garden State’s 13 sportsbooks behind market leaders FanDuel and DraftKings.
Said Nick Bogdanovich, the director of trading for William Hill US: “It’s great to see Tiger back. It’s a painful day for William Hill — our biggest loss ever — but a great day for golf.”
Tiger wins in ‘greatest final round in Masters’ history’
Tiger’s stunning victory was achieved in what some observers are calling ‘the greatest final round in Masters’ history. Others see it as the greatest sports comeback ever.
It earned him is 5th Green Jacket and his 15th Major title, putting him just three behind Jack Nicklaus’ record 18.
Meantime DraftKings has released the following information:
- DraftKings punters won a total in the seven figures on Tiger Woods.
- 32 percent of live Masters bets were on Tiger.
- Nearly 60 percent of bets since Round 3 were on Woods, following DraftKings special ‘Tiger Boost’ from 3/1 to 10/1 on Saturday.
- On Sunday Tiger’s odds were updated to 7/1 so the boost updated to 15/1
- DraftKings is immediately boosting its Tiger Woods odds to win the PGA Championship from 12/1 to 15/1
- The ‘Tiger Boost’ was DraftKings most popular promotion since its launch in June last year.
New Jersey market leaders FanDuel will also have taken a hit. They will most likely have lost more than $1 million on refunds in their “Big Cat Cash Back” competition.
