Bettor wins $300,000 on Phil Mickelson's PGA Championship victory
Phil Mickelson (-6) became the oldest major winner ever, winning the 103rd PGA Championship at Kiawah Island.
His two-shot win over the Louis Oosthuizen and Brooks Koepka victories was a mixed bag for the sportsbook, as it included a bookie who won $ 300,000 over Mickelson in the DraftKings sportsbook, a 300–1 win over Mickelson with a $ 1,000 bet. . Obtain. For long shots like Mikelson, some bets can quickly increase liability for the books.
"Let's say Sunday will be a happy Sunday for some of our customers," Johnny Avello, director of the DraftKings Sportsbook, told VSIN.
Mickelson had a margin of 300 - 1 before the tournament, before being shortened to around 250 - 1 before Thursday's opening round. Mickelson's odds were 90-1 before Round 2, 12-1 before Round 3, and 275 before Sunday's final round at DraftKings. As of Sunday, Mickelson had placed the sixth-largest bet on BetMGM Books (4.3%), or the third-largest at 6.5%. He was the biggest liability in the tournament for BetMGM books entering Sunday's final round; The 31 other players entering the tournament had more tickets to win than Mikkelsen.
William Hill Sportsbooks had some notable bets, one in Nevada and one in Iowa, placing $ 100-100 bets on 200-1 odds to give each a chance to win $ 20,000. "We were a good six-figure loser," Michael Grodsky, vice president of marketing at William Hill, told VSIN.
"It was about break-even for us," Jeff Sherman, vice president of risk at Superbook Sports, told VSIN via text. "Phil got some support over the weekend at 14-1 and 3-1, but some small things at 250-1."
Lefty's win was even better for the other books, as Thomas Gable (Sportsbook director at Borgata in New Jersey) told VSIN that Mikkelson's win was a good result.
It was an incredible sight for Mikelson to see the galleries and excitement on Sunday to secure another big win, even though not all sportsbooks are happy to see him victorious.