Tiger Woods Roars At The Masters And FanDuel NJ Sportsbook Pays Out Millions

FanDuel Sportsbook paid out more than $3 million over the weekend. And it has a lot to do with that green jacket Tiger Woods won at The Masters.

Tiger Woods is not the only person to earn a big payday from The Masters over the weekend.

FanDuel Sportsbook app customers made out very well, too. Add in winnings from daily fantasy sports and the total payout eclipsed $3 million.

Let’s call it the Tiger effect. 

Tiger Woods wins, bettors win, and FanDuel pays

Here’s the lowdown from FanDuel on what happened when Woods won his fifth Masters:

  • Woods began the week netting only 10% of all bets to win The Masters outright.
  • FanDuel said it was offering the best prices in New Jersey at +1800.
  • By the end of the tournament, about 21% of golf bets were on Woods.
  • Altogether, it equates to more than $1 million in liability.

Mike Raffensperger, chief marketing officer for FanDuel, explained how “the Tiger effect is real.”

“Tiger’s historic win today has cemented him as one of the most iconic figures in sports and we congratulate him on his tremendous achievement.”

Woods’ win ends a drought that dates back to 2005 — the last year Woods won a green jacket. But for NJ online sports betting fans who gambled that it would be Woods’ year, at last, there were plenty of reasons to celebrate.

FanDuel DFS customers win, too

FanDuel’s $1 million Mega Eagle DFS contest also enjoyed its moment in the spotlight.

And the company notes this is their biggest fantasy golf contest ever.

But success comes with its share of liabilities.

The grand total amounts to more than $2 million for FanDuel NJ. This includes a combination of prize payouts and promotional refunds.

The news wasn’t exactly a surprise. The Big Cat Cash Back Promo was announced last week. And if Woods won, every contestant would have the $15 entry fee returned.

And if Tiger wasn’t in the lineup, it didn’t matter.

The site credits appeared in customer accounts as of this morning.

FanDuel + Masters betting

However, Woods was not considered the favorite to win The Masters.

On April 8, FanDuel listed Rory McIlroy at +650. And he was getting 8.5 percent of the outright winner betting action.

Tommy Fleetwood (+3000) was receiving 7 percent of wagers to win it all.

The odds for Woods, however, changed rapidly over the course of the tournament:

The first round at Augusta National did not begin until Thursday morning, but by the end, Woods wasn’t the only surprise.

Xander Schauffele, who wasn’t even listed among the betting leaders, tied for second. He finished one stroke back with Dustin Johnson and Brooks Koepka.

FanDuel golf futures for Tiger Woods

But the PGA Tour season is just beginning. This means there are plenty of other prime betting opportunities to come.

And it also means the Tiger effect on NJ sports betting may be far from finished. The FanDuel app now includes a Tiger drop-down box.

online sportsbooks nj masters

There are still three golf majors left on the 2019 calendar.

Up next is the PGA Championship taking place May 16-19.

The US Open follows from June 13-16. And the Open Championship takes place July 18-21.

For his part, Woods is chasing history. He has won 15 career majors. The all-time leader is Jack Nicklaus with 18.

So it’s no surprise that FanDuel released futures on Sunday. Here are some of the available bets:

  • Tiger to tie the Nicklaus record +500
  • Tiger to break the Nicklaus record +1000

And for those thinking Woods is just getting started, the market is open on how many more majors he will win in 2019:

  • Two or more +140
  • Three or more +700
  • Grand Slam +3500

And speaking of the PGA Championship, FanDuel has Woods as the early favorite (+850).

How To Bet On The 2019 Masters At DraftKings Sportsbook App In New Jersey

The Masters tees off Thursday, and since you can bet on it in NJ for the first time, DraftKings Sportsbook has posted a variety of 2019 Masters lines.

Betting on golf’s biggest major is as easy as clicking a few buttons at New Jersey’s top-grossing online and mobile sports betting operation.

That’s right; the Masters tees off this Thursday. And since you can now legally bet on golf in NJ for the first time, the DraftKings Sportsbook app has posted a variety of Masters’ lines.

It’ll most likely take you longer to decide who you think will wear the green jacket this year than it will to lay down a bet on it at DraftKings Sportsbook.

The process starts with signing up for an account with the state’s top sportsbook.

Signing up with DraftKings Sportsbook

Just click on this exclusive DraftKings Sportsbook link to get started. Then follow these four simple steps, and you’ll be done in a matter of minutes:

  • Click on the “Already have a DraftKings account?” tab and follow the instructions if you have a DraftKings DFS account. Otherwise, click “Sign Me Up.”
  • Enter a few details on the sign-up page, including new login info, your address and the last four digits of your Social Security number.
  • Check the box agreeing to the DraftKings Sportsbook terms of use and privacy policy.
  • Click the “Sign Up” button.

Then it’s just a matter of downloading the DraftKings Sportsbook app to your mobile device or going to the homepage on your computer and logging in using the details you provided.

Once you’re in, you can fund your account in a variety of different ways and browse around the different 2019 Masters lines on DraftKings Sportsbook.

Plus, as long as you used our exclusive link to sign up, DraftKings Sportsbook will give you $25 in free bets just for signing up and match your first deposit up to $500.

Betting on the 2019 Masters in NJ

Perhaps the easiest way to bet on the 2019 Masters on DraftKings Sportsbook is simply picking who you think will win it all.

Here’s a look at the odds on the Top 12 golfers on DraftKings Sportsbook as of April 9:

GolferOdds to Win
Rory McIlroy+700
Dustin Johnson+900
Justin Rose+1200
Tiger Woods+1400
John Rahm+1400
Jordan Spieth+2200
Justin Thomas+1600
Rickie Fowler+1600
Brooks Koepka+2500
Bryson DeChambeau+3300
Jason Day+2000
Phil Mickelson+5000

Lay down a bet on any golfer before the start of Thursday’s tournament, and you’re sure to get some pretty decent odds.

Of course, DraftKings Sportsbook will adjust the odds as the Masters progresses. So, don’t be surprised to see the numbers go down for the leaders after the first three rounds.

You can also bet on a wide variety of other tournament and golfer specific Masters’ odds on DraftKings Sportsbook.

This includes bets on who will lead after the first round that comes with a Birdie Boost attached. That means a winning wager of at least $25 on the first-round leader will get you an additional $2 bonus for every birdie that player makes.

Betting on Tiger Woods at DraftKings

There’s no more popular golfer in the world than four-time Masters’ champion Tiger Woods and DraftKings Sportsbook knows it. In fact, betting data from DraftKings indicates Woods is the most popular bet to win the 2019 Masters.

That’s why you’ll also find a variety of Woods’ Masters’ lines on the site.

You can bet on Woods playing in Sunday’s final grouping at +800. Plus, get an odds boost on Woods winning it all, moving the line from +1400 to +2000.

Many other Woods bets available include:

  • Making a triple bogey or worse at +500
  • Shooting -10 or better at +500
  • Making a hole in one at +6600
  • Shooting an eagle on the 13th at +220
  • 15.5 birdie over/under
  • 12.5 bogey over/under

Finally, whether you like Woods or anyone else, DraftKings Sportsbook is offering a little insurance against a close call.

Place a bet on any player to win the 2019 Masters. Then, if they miss by finishing second or third, you’ll get your money back.