If Tiger Woods wins the Masters, pour one out for the sports betting apps ⛳️
Tiger Woods reacts after making par on the seventh green during the first round of the Masters at Augusta National Golf Club on Thursday. Jamie Squire/Getty Images
Oddsmakers will be biting their nails this weekend if Tiger Woods has a serious chance to win the Masters.Bets have poured in on the golf legend to win the tournament in his dramatic return to golf after a devastating car crash in February last year. The major sports gambling apps — such as DraftKings, FanDuel, Caesars and BetMGM — are poised to suffer huge losses if Woods pulls off the impossible, BloombergThe pre-tournament odds on Woods to win hovered in the range of about 50-to-1, meaning you'd net $50 for every $1 bet if you wagered on him to capture the title.
DraftKings alone would lose “millions and millions of dollars,” the company told Bloomberg, while PointsBetWoods finished his first round -1 on Thursday, well within reach of the leaders in the four-round tournament.Don’t cry any tears for the sportsbooks, even if Woods somehow prevails. The house always wins in the end.
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