Despite having had a rough year on the personal front, Rory McIlroy seems like he has found his groove on the golf course once again. This weekend he played the British Open tournament, which is one of the most prestigious tournaments in the world and he won it, to much satisfaction for himself, his fans but especially his father.
His father had placed a bet on his son to win the British Open within 10 years back in 2004, at the time giving the father odds 500-1. The bet was placed with the British bookmaker Ladbrokes and the bet amount was a mere £200, giving the father a massive £100,000 win, equal to around $170,000.
Also other people from the McIlroy family and friends of the family placed similar bets on McIlroy. Some placed a bet on him to win within 10 years at odds 250 and one placed a bet on him winning the British Open before the age of 50 at odds 150, which meant that Ladbrokes had to pay an additional £80,000 to them, giving a total of £180,000 in payouts for only a few thousands in bets. Not a good deal for Ladbrokes.
“This is the most expensive Open result since Tiger’s heyday in 2006, but although we’re facing heavy losses we can’t help but admire the foresight of Rory’s dad and his pals a decade ago,” Jessica Bridge, Spokeswoman for Ladbrokes said in an announcement.