Bettor wins more than $1M on Tiger, sportsbook's 'biggest loss ever'

Tiger Woods

Bettor Won More Than $1 Million Thanks To Tiger Woods’ Masters Win

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.

"It's great to see Tiger back", said Nick Bogdanovich, director of trading at the US office of William Hill. "It's a painful day for William Hill-our biggest loss ever-but a great day for golf".

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".

Williams had 12 Grand Slams at the time of that tweet. In his career, Nicklaus won the Masters six times, only one more than Woods.

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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.

Tiger, meanwhile, held his nerve to card a 2-under-par 70, finishing one shot ahead of Dustin Johnson, Brooks Koepka and Xander Schauffele.

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.

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