Someone In Vegas Placed Monster Bet Worth 1.2 Million If Tiger Can Win The PGA Championship

The favorite to win the PGA Championship this weekend is Scottie Scheffler , but according to ESPN, someone dropped 20 large on  longshot 60-1 odds Tiger Woods to win the whole thing. Scottie won the Masters and is favored to win this one too, at 11-1 odds. But what fun is that?

ESPN reports "Caesars Sportsbook on Tuesday reported taking a $20,000 bet on Woods to win the PGA Championship at 60-1 odds. The bet was made in cash, over the counter at Caesars Sportsbook at the Cosmopolitan hotel and casino on the Las Vegas Strip. If Woods wins, the bet would pay a net $1.2 million, one of the largest payouts on a golf wager ever." If Tiger wins, this would be the largest loss in BetMGM history. Woods won the PGA Championship at Southern Hill in 2007, but I bet his odds were a lot more favorable back then.

My take? Why not put it all on the table. Even Nike would say "Just Do It". Every week the retirement nest egg in my IRA goes backwards because the stock market is tanking. The cash I have in the bank is worth about 10% less than it was a year ago because inflation is ruining our lives. So the way I see it, the only way to make some serious coin right now is in real estate or try your hand at some real degenerate gambling. And dropping 20 grand on Tiger to win with 60-1 odds is about as nuts as it gets. And if Tiger wins and whoever it is pockets that 1.2 mil - put 20K in your pocket and let the rest ride. 0 DTE SPY puts bought at open would have paid handsomely today.

As the lunatics on r/wallstreetbets say:

The world’s top-ranked golfer proved exactly why he just vaulted into that position, as Scottie Scheffler was atop the 86th Masters Leaderboard at Augusta National Golf Club.

Scheffler topped Rory McIlroy by three strokes to take home the record $2.7 million prize to go along with the iconic Green Jacket. He made it interesting with a scary double-bogey on the last, when his nerves finally got the better of him.

Here’s the complete 2022 Masters leaderboard, with score to par, round 1, round 2, round 3, round 4 and final total score:

-5 68 74 68 73 283

-4 73 70 74 67 284

-3 71 72 75 67 285

-3 70 73 72 70 285

-1 76 67 72 72 287

-1 67 74 71 75 287

E 72 75 71 70 288

E 72 69 73 74 288

1 69 73 75 72 289

1 69 74 73 73 289

2 71 71 79 69 290

2 73 75 72 70 290

2 71 73 76 70 290

2 71 75 73 71 290

2 72 74 73 71 290

2 72 74 73 71 290

2 72 69 77 72 290

2 75 72 70 73 290

2 70 76 71 73 290

3 71 71 80 69 291

3 73 73 76 69 291

3 72 74 74 71 291

3 74 70 75 72 291

4 74 72 77 69 292

4 74 74 74 70 292

4 72 76 71 73 292

5 73 74 76 70 293

5 74 72 76 71 293

5 72 76 72 73 293

5 77 69 73 74 293

5 73 75 71 74 293

6 69 74 77 74 294

6 71 75 74 74 294

6 74 73 73 74 294

6 71 74 73 76 294

7 70 75 79 71 295

7 73 73 78 71 295

7 73 74 75 73 295

7 76 70 73 76 295

8 74 73 79 70 296

9 73 71 77 76 297

9 75 70 75 77 297

12 75 73 79 73 300

13 71 74 78 78 301

14 74 74 80 74 302

14 74 73 77 78 302

15 73 75 77 78 303

15 71 75 77 80 303

17 72 74 79 80 305