A Wild Sunday on the PGA Tour Results in Bad Monday for Some New Jersey Bettors.
Got a case of the Mondays? It could be worse. You could be the DraftKings Sportsbook player who live-bet $500k on Si Woo Kim to win the Wyndham Championship over the weekend.
Si Woo Kim has been busy since the restart. Coming into this week he had made 7 cuts in a row. This includes a 13th place finish at the PGA Championship. In a diluted field at the Wyndham Championship, many golf betting experts has their eye on the South Korean former Players Champion. Kim also won the Wyndham previously in 2016.
A variety of young guns and established players like Webb Simpson moved to the top of the leaderboard on Saturday. But Kim took a 2 shot lead after three rounds with a flurry of birdies and a hole-in-one. Although he is known as an inconsistent player, the oddsmakers set Si Woo as the live betting favorite to win at +125.
Big bet tickets come in on Si-Woo Kim and Billy Horschel.
One DraftKings New Jersey bettor decided that Si Woo was an absolute lock to take the trophy. The anonymous account holder wagered $500,000 on the +125 in-tournament outright winner line. Yes, a half million dollar bet that would earn $625,000 if Kim held the two shot lead for 18 more holes .
He didn’t. Other players got off to a hot start. But, Si Woo got got frustrated and faded with multiple bogies on the front nine. He did his best to get back in it on the closing nine holes, but came up short and finished 3 shots back of the lead.
So, somewhere in New Jersey, there is a DK Sportsbook user who could use a Taylor Ham egg and cheese this morning. They really went for it with this huge bet, but they aren’t alone in their betting grief. Another player at PointsBet NJ invested $60,000 in live bets on Billy Horschel to win the same tournament.
Billy Ho held the lead with 2 holes to play, before taking a bogey and barely missing a birdie put to tie the lead of little known tour veteran Jim Herman (who is actually a three time winner).
No sportsbook love for Jim Herman?
The 42 year old Herman carried a very small percentage of the tickets, but those who took a flyer on his 500/1 or higher betting odds are having a much better Monday.
We have confirmed that a PointsBet bettor invested a total of $308 in live betting plays on Jim Herman over the course of the weekend. These bets earned a total of $19,408 in profits
So, who’s the biggest betting winner from the Wyndham? That would be another anonymous DraftKings Sportsbook player who on Wednesday placed $20 on Herman to be the outright winner. This $20 bet made a net of $15,020.
Just another week of the risk/reward craziness that is betting on the PGA Tour.
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