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How Much Tiger Woods' 2019 Masters Win Cost The Bookies

Tiger Woods' historic comeback cost bookies millions.
Tiger Woods' historic comeback cost bookies millions.

You’d struggle to find many golf fans that weren’t in raptures when Tiger Woods won his first major in over a decade at Augusta on Sunday - unless you’re a bookmaker of course.

His 2019 Masters win is being described as the biggest loss by bookies in golfing history, and a number of betting outlets have already claimed Woods’ sensational comeback could cost them millions.

William Hill, FanDuel and DraftKings have each stated they’d paid out more than $1million on Woods, who was as high as 20/1 before the Masters teed off.

One Will Hill customer from Nevada even placed a whopping $85,000 on Tiger at 14/1, raking in a cool $1.19 million.

The bookmaker was forced to reduce its odds on the Woods outright from 14/1 to 10/1 permanently after that wager was placed.

Another reason why Tiger’s 5th Green Jacket was disastrous for the bookies was down to a racehorse with similarly feline name. 

It’s not the Year of the Tiger until 2022 but 2019 has a bigger claim to that title thanks to the heroics of Woods in Georgia and Tiger Roll at Aintree.

Tiger Roll to win the Grand National, doubled up with Tiger Woods winning the US Masters would have paid 92/1 before the former went off at Aintree on Saturday, according to Ladbrokes.

It’s a good thing Hull City aren’t in the Championship title race as the football season comes to a close - a tiger treble would have bankrupted bookies at this rate!

Now that Tiger has won his 15th major, bookies are offering odds of 8/1 for the 43-year-old to overtake Jack Nicklaus’ career record of 18 majors before he retires and he's just 6/4 to win another major this year.

Expect the bookies to be a lot more cautious around Tiger now. 

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