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William Hill pays out US$1.2mln to lucky punter who backed Tiger Woods

The unnamed customer stuck US$85,000 on Woods to win at Augusta, forcing William Hill US to make its largest ever pay-out on a golf tournament
tiger woods augusta
Tiger’s win was not good news for bookmakers

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.

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.

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.

Shares were down 1.2% to 166.1p.

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