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Gambling on Your Children Pays: Rory McIlroy Wins 2014 British Open, Dad Collects $171,000 in Winnings

by: Esteban On  Monday, September 8, 2014

rory mcilroy and parents aftrer british open claret jug

Over the last several years, Rory McIlroy had won 12 professional golf tournaments, including the U.S. Open and the PGA Championship. In doing so he’d become one of the top-ranked golfers in the world and a very rich man.

Did that make his dad, Gerry McIlroy, proud? Probably. But it didn’t make him any coin.

Winning the 2014 British Open Championship on Sunday? That made Gerry some money. Finally.

You see, back in 2004, when Rory was just 15, Gerry and two of his buddies placed a $341 (£200) bet at 500-to-1 odds that Rory would win the British Open by the age of 25. And since Rory is 25 right now, that means they won the bet.

In total, taking into account some additional bets made, Rory’s dad will come out of this about $171,000 richer. Meanwhile, his two buddies will each pocket $136,700.

Of course, Rory made $1.6 million in actual prize money for his Open win, and he probably makes at least $10 million a year in endorsements. So it’s not like Ma and Pa McIlroy were going to have trouble paying their mortgage this month.

But at least now, finally, Rory knows he’s not a total disappointment to his old man.

Hat Tip – [Washington Post]




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