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A combination of Tiger Woods resurgence and big name fantasy sports companies heavy promotion of golf events will likely translate into this year's PGA Championship being among the most wagered on events in 2019.
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Over the years, Golf Majors events have been deemed "important" in the world of wagering.
"Tiger Woods victory in Sunday's Masters could push upcoming Majors closer towards a sort of mini Super Bowl status when it comes to sports wagering," suggests Payton O'Brien of Gambling911.com.
The 43-year-old Woods shot a 2-under 70 for one-stroke victory Sunday. This was his first majors win since the 2008 U.S. Open.
For the books, his victory presented a Catch 22.
On one hand, Woods victory will result in a significant amount more wagers being placed on Majors tournaments featuring Tiger Woods. But his victory came at a cost. Some sportsbooks, like William Hill in Nevada, confirmed they lost millions.
Tiger Woods the Biggest Futures Loss of Any Sports in This Book's 20 Year History
FanDuel and Draftkings have heavily promoted golf contests in recent years. With both Fantasy Sports firms entering the sports betting arena this past year, many of their Fantasy Golf customers are now being converted into sports gamblers. Both companies advertise heavily during Masters events.
"It's a perfect storm,' O'Brien acknowledged.
Woods opened as the 9-1 favorite to win the upcoming PGA Championship. That's a payout of $90 for every $10 bet.
Dave Mason of BetOnline revealed Monday morning that twice as many futures bets were coming in on Woods as the next biggest bet count.
Books look to profit with upcoming tournaments including the PGA Championship with the knowledge that Woods won't win them all but the gamblers will keep backing him.
Only once has Woods won the first two majors in a season: 2002.
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PGA Championship PLACE BETS HERE Odds to Win 2019 PGA Championship (Early Market) 07:00 AM69603Tiger Woods+800 69601Dustin Johnson+900 69602Justin Thomas+1200 69604Rory McIlroy+1200 69605Brooks Koepka+1400 69606Justin Rose+1800 69610Bryson DeChambeau+2000 69614Francesco Molinari+2000 69608Jason Day+2000 69609Jon Rahm+2000 69607Rickie Fowler+2000 69612Jordan Spieth+2500 69611Tommy Fleetwood+2500 69616Hideki Matsuyama+3300 69613Patrick Reed+3300 69617Tony Finau+3300 69615Xander Schauffele+3300 69624Bubba Watson+4000 69618Henrik Stenson+4000 69619Patrick Cantlay+4000 69620Phil Mickelson+4000 69635Cameron Champ+5000 69623Louis Oosthuizen+5000 69629Matt Kuchar+5000 69622Paul Casey+5000 69621Sergio Garcia+5000 69626Adam Scott+6600 69632Alexander Noren+6600 69631Brandt Snedeker+6600 69627Gary Woodland+6600 69625Marc Leishman+6600 69630Thomas Pieters+6600 69628Webb Simpson+6600 69638Branden Grace+8000 69640Ian Poulter+8000 69636Kevin Kisner+8000 69633Thorbjorn Olesen+8000 69634Tyrrell Hatton+8000 69637Zach Johnson+8000 69639Aaron Wise+10000 |
- Don Shapiro, Gambling911.com
