AUGUSTA, Ga. (CBS Philly) — Tiger Woods won his fifth green jacket and 15th major championship on Sunday after finishing 12 under par at The Masters tournament at Augusta National, but the day was also a big win for bettors and a losing one for sportsbooks in Las Vegas and New Jersey. The biggest win of the day came from a bettor who placed an $85,000 wager on Woods last Tuesday when the 43-year-old’s odds of winning the tournament were listed at 14-1 by the William Hill U.S. sportsbook at SLS Casino in Las Vegas.Penn State University Requires Masking At All Campuses
That bet netted a cool $1.19 million, the largest-ever payout for a golf ticket in the company’s history in the United States.
“It’s great to see Tiger back,” said Nick Bogdanovich, William Hill’s U.S. Director of Trading, per CBS Sports. “It’s a painful day for William Hill — our biggest loss ever — but a great day for golf.”READ MORE: Man Who Allegedly Assaulted Burlington County Elderly Couple Caught In Millville
William Hill wasn’t the only book to take a hit on the day. The SuperBook at Westgate Las Vegas reported a high five-figure loss on Masters future bets while BetOnline.ag told ESPN that the victory led to the company’s biggest futures market loss ever.MORE NEWS: Ardmore Music Hall To Require All Staff, Guests To Wear Masks Beginning Thursday
Closer to home, ESPN reports that BetStars’ sportsbook in New Jersey got hit for an approximate $360,000 loss on the futures market due to the tournament win. The company also reportedly put Tiger’s odds at 100-1 at one point with a $10 limit on bets as a promotion to draw in more action. According to ESPN, the company had discussed allowing people to bet $100 at those odds, but settled on the $10 limit later.