- This weekend the best golfers in the world will meet at Augusta National to compete in the Masters.
- One bettor put $85,000 on Tiger Woods to win, a wager that would be worth $1.19 million should Woods earn his fifth green jacket on Sunday.
- Woods hasn’t won a major since 2008, but has been in great form recently and plays Augusta National as well as any player in the field.
- Read all of Business Insider’s Masters coverage here.
- Visit BusinessInsider.com for more stories.
Tiger Woods has always been a favorite pick for golf bettors, but when the Masters tees off on Thursday, one gambler will have a lot riding on Woods’ performance.
On Tuesday a bettor placed an $85,000 wager on Woods to win the tournament at 14/1 odds that would cash for $1.19 million should he go on to win a fifth green jacket.
The person placed the bet at William Hill US sportsbooks, and according to ESPN’s David Purdum, represents the largest liability on any individual golf wager in the company’s history.
In response to that bet, and likely more action coming in on Woods to win the tournament, William Hill moved his odds down to 10/1, putting him tied for second with Dustin Johnson and behind Rory McIlroy (7/1) as one of the favorites to finish on Sunday atop the leaderboard.
While Woods hasn’t won a major since 2008, he proved over the past year that he can still compete at an elite level, with two top-10 major finishes last year and his first tournament win since coming back from injury at The Tour Championship back in September.
Between his renewed confidence in his game, his knowledge of Augusta National, and his past success at the course, there is a case to be made that this is Woods’ best shot in years at reclaiming his crown atop the golfing world.
Whether you are ready to put $85,000 on it is another matter.