For the first time in a long time, Tiger Woods is entering The Masters with a legitimate shot to take home his fifth Green Jacket. He’s been playing some of his best golf as of late, and his betting odds certainly reflect that much.
Heading into this year’s event, William Hill had the four-time Masters champions at 14-1. It’s the lowest odds Tiger has seen at a Major in a while, but it didn’t deter one confident bettor from placing a whopping $85,000 on Tiger.
Should Tiger win the event, the unknown bettor would take home $1,190,000. According to William Hill, that is the largest liability they’ve ever taken on a U.S. bet. Nick Bogdanovich, William Hill’s Director of Trading, says he thought the bet was a mistake at first.
Via Golf Digest:
“I thought it was probably an $85 or $8,500 bet,” Bogdanovich said. “But they were for real.”
A wager this size on golf futures is very rare for William Hill. Their previous high was in the range of $10,000 and $25,000, and it was made by a loyal customer at smaller odds. This bet was so large, in fact, that it brought Tiger’s odds at William Hill down to 10-1, tying him with Dustin Johnson for the second best odds behind only Rory McIlroy (7-to-1).
While the anonymous bettor must be awfully confident in Tiger to place that much money on him, William Hill must be equally confident in the rest of the field to accept such a large bet.
We’ll see who ends up being right.