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Rory McIlroy's father bet on him to win the British Open 10 years ago - Wins $170,000


Rory McIlroy s British Open Win Father s Decade Old Bet Pays Off Businessweek

Source: http://www.businessweek.com/articles/201...

Rory McIlroy’s British Open win on Sunday at Royal Liverpool Golf Club came with an added bonus for his father. In 2004, Gerry McIlroy placed a £200 bet at 500-to-1 odds that his son, then 15 years old, would win the tournament within 10 years. The bet, made with U.K. bookmaker Ladbrokes, paid out £100,000 ($170,000).

Thanks to McIlroy’s father and another $140,000 in long-odds bets by his family and friends, Ladbrokes said it suffered the most expensive British Open since 2006. “Although we’re facing heavy losses we can’t help but admire the foresight of Rory’s dad and his pals a decade ago,” Ladbrokes spokeswoman Jessica Bridge said in a statement.

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Brilliant!

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