They’re In The Hole! Sportsbooks Lose Big On Tiger’s Masters Win

Posted by Dave Royse

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Tiger Woods threw up his arms and joined a jubilant Masters crowd in celebrating his win Sunday, easing 14 years of injury- and scandal-related frustration since his last win at Augusta. But while Woods roared and his fans went wild, the burgeoning American sportsbook industry felt like it just hit one in the water.

Bettors liked Woods and sportsbooks lost big.

Last Tuesday, a bettor walked into the William Hill PL/ADR  sportsbook at the SLS Casino in Las Vegas and put $85,000 down on an improbable Woods comeback…Click here for full article.