Tiger's Win Costs FanDuel $2 Million as Sports Books Lose Big
- William Hill lost $1.2 million on ticket at 14-to-1 odds
- Tiger had a positive impact for books throughout lean years
Tiger Woods’s historic Masters title, cheered by fans and celebrities around the world, was a big loss for sports books in Nevada and New Jersey.
FanDuel Group, which ran a refund promotion tied to its fantasy product, said it lost $2 million when Woods secured his first major victory in more than a decade. The Westgate Las Vegas SuperBook lost nearly $100,000, its worst result ever for the Masters, and William Hill U.S. lost “seven figures.”