It was a great day for Tiger Woods and the golfing world…
And a horrible day for Las Vegas and sportsbooks everywhere.
While Tiger was slipping on the green jacket and celebrating his fifth career title at The Masters earlier today, sportsbooks around the world were busy counting their losses, with some of them reportedly suffering their biggest loss ever.
Among those getting hit hard by Tiger’s win was popular sportsbook William Hill, who had to pay out over $1-million to a bettor who wagered $85,000 on Woods to win the tournament before The Masters began on Thursday.
And then there was FanDuel, who lost over $2-million as a result of Tiger’s win.
Tough loss, although I can’t quite say I feel sorry for any of these sportsbooks…because I don’t.
Chalk this weekend up as one for the good guys.