Tiger Woods' Masters Win Lands Bettor $1.19M Payout

Tiger Woods wins Masters to claim first major since 2008

The final round - which culminated in Tiger Woods' first win at a major championship since 2008 - also registered a 21 share, which means 21% of television viewers at the time were watching the event.

Sportsbook operator William Hill US says the bettor's win is the largest golf payout in the company's history.

"It's great to see Tiger back", William Hill U.S. director of trading Nick Bogdanovich said in a statement. The anonymous gambler got 14:1 odds on the bet.

"His win is good for golf and its good for Nike", he said. "But they were for real". "The GOAT is back", an excited Rob Lowe tweeted.

What does that mean for one of the greatest golfers of all time?

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.

"I thought he had a chance to be competitive", SuperBook's vice president of risk, Jeff Sherman was quoted as saying by ESPN.

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"To not only be able to play again, but to be able to win again, is something I will forever be grateful for".

"When we were approached with this bet, it was above my pay grade, so I had to go to my boss", he told Action Network.

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 previous year.

Woods entered the final round tied for second with Tony Finau, two shots adrift of leader Francesco Molinari.

The local audience peaked between 1:15 and 1:30, when 12.7 percent of the Chicago market's TV homes - or nearly 413,000 households - tuned in.

Westgate Superbook now has Woods as an 8-1 favorite to retain the Green Jacket next year, followed by Johnson and Rory McIlroy at 12-1. But Tiger's doing it now, so people are paying attention.

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