As well as becoming the first Italian to win a major championship, Molinari won the BMW PGA Championship at Wentworth, his first PGA Tour title in the Quicken Loans National - a tournament hosted by Woods - and he became the first European to compile a flawless 5-0 record in the Ryder Cup. "When I said how much I was looking to bet, it just kind of was laughable".
This title marks Woods' first major victory in over a decade and only his second PGA Tour victory in the last five years.
A bettor who risked $85,000 on Tiger Woods winning the Masters is now more than a million dollars richer. That bet netted a cool $1.19 million, the largest-ever payout for a golf ticket in the company's history in the United States.
Joe Asher, CEO of William Hill US, authorized the bet after getting a call from the sportsbook.
Molinari, who also won the Arnold Palmer Invitational at Bay Hill in March, added: 'I learnt a lot from today, from the whole week. "But they were for real".
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James Adducci was presented with a check for more than $1.2 million Monday at a sportsbook in Las Vegas. "I said before the tournament that if you took the "Tiger Woods" off, you'd have a golfer with the statistics of someone at 25-1 odds".
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.
Sunday's final round peaked with a 12.1/28 rating/share from 2:15-2:30 p.m.
Woods is among the early favorites in every major tournament remaining this year.
After he put an end to an 11-year wait for a major, don't expect people to bet against Tiger again soon.