William Hill PLC (LON:WMH) has been forced to pay out more than US$1mln to one lucky punter who backed Tiger Woods to take the green jacket at The Masters on Sunday.
Tiger produced what some have described as the comeback of all comebacks to take the fifteenth major of his career, following years of personal and professional troubles stretching back to 2009.
6 April: Tiger Roll wins the National.
14 April: Tiger Woods looks set to win #TheMasters
The Tiger Woods and Tiger Roll double is set to cost us a fortune! ???????? pic.twitter.com/TXXsTN3mad
— Coral (@Coral) April 14, 2019
The unnamed fan bet US$85,000 on Woods to win at Augusta at odds of 14-1 on Wednesday, the day before the 43-year-old’s opening round.
The wager was so big that it reportedly had to be approved by Joe Asher, the chief executive of William Hill US.
When Woods’ victory was confirmed yesterday evening, William Hill US had to pay out US$1.19mln – the division’s largest ever pay-out on a golf bet.
JUST IN: A William Hill sportsbook in Nevada just took an $85,000 wager on Tiger to win the Masters. At 14-1, pays out $1.19 million if he puts on another green jacket on Sunday.
— Darren Rovell (@darrenrovell) April 9, 2019
Various reports suggested the US arm of the bookmaker suffered its biggest golf loss ever at this year’s Masters tournament.
William Hill couldn’t be immediately reached for comment.
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