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Gambler Wins $1.19 Million On Tiger Woods' Masters Victory

An $85,000 Bet On Woods at 14-1 Odds Paid Better Than Finishing Second In The Tournament

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The golf world was enthralled with Tiger Woods’ comeback on the final day of the Masters on Sunday. One gambler, however, was a little more excited than the other fans.

According to ESPN Chalk, James Adducci put $85,000 on the 43-year-old Woods last Tuesday at William Hill U.S. sportsbook at the SLS Casino in Las Vegas. The Wisconsin native got 14:1 odds on the bet.

Woods’ victory earned the Adducci $1.19 million, more than the three PGA Tour players who tied for second behind Woods. Dustin Johnson, Brooks Koepka, and Xander Schauffele all received $858,667 for finishing right behind Woods in the standings. Woods pocketed $2.07 million for his fifth Masters win, and 81st overall victory.

It was the largest payout on a golf ticket in the history of William Hill U.S. and the fourth time overall that the sportsbook at the SLS has paid out a seven-figure win. The first three all came when the Philadelphia Eagles beat the New England Patriots in Super Bowl LII last year.

“It’s great to see Tiger back,” said William Hill U.S. director of trading Nick Bogdanovich. “It’s a painful day for William Hill – our biggest loss ever – but a great day for golf.”

Other books in Las Vegas took similar losses. The SuperBook at Westgate Las Vegas lost a ‘high-five-figure’ sum. Their big loss stemmed from a $10,000 bet they took in February on Woods to win at 12:1 odds. It cost the book $120,000.

In New Jersey, BetStars reported losing $360,000, which was the biggest loss they took on a single sporting event since they started serving the New Jersey market last year. BetOnline told ESPN that they also took their biggest loss on a futures bet.

Caesars Entertainment sportsbooks were one of the few operations that reported a small win on the tournament. It could be a bigger win if Woods goes on to win the other three majors this year. One pessimistic gambler bet $20,000 on ‘no’ at -100,000 odds, meaning he will win just $20 if Woods fails to win the PGA Championship, the U.S. Open, and the Open Championship later this year.

Photo Credit: Associated Press

This story was updated on 4/16 to reflect Adducci coming forward publicly as the gambler who made the bet

 
 
 
 

Comments

swallsjr
5 days ago

I want to see the picture of the look on that guys face after winning too.

 
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shakhtar
4 days ago

Why? The guy is probably still stuck 200k chasing Woods the last few years.

 
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shakhtar
4 days ago

Another infomercial for all the square rip off books using European models and ridiculous holds, and only accepting suckers while banning any players who have a clue. Meanwhile, real golf gambling markets with low margins and actual winning gamblers has to remain in the shadows. If only the PGA was smart enough to realize the gold mine they have, they could create real markets nationwide with someone like Goldman Sachs underwriting it, and take most of the profits themselves, and completely eliminate the parasites from Vegas, New Jersey, and England. Oh, and by the way, actually encourage winning players, like online poker used to do once upon a time before the governments and corporations ruined that too.

 
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