By winning the PGA Championship at age 50 on Sunday, Phil Mickelson became the oldest player to ever win a major tournament.
Before the tournament started, Mickelson had 200-to-1 odds at BetMGM to win a major for the first time since 2013. There weren’t many bettors tailing him, but as he climbed the leaderboard to the top and stayed there as the weekend progressed, Mickelson became more and more of a liability for the sportsbook.
There were a few bettors, however, who got in early on Mickelson. One bettor at BetMGM won $30,000 thanks to a $150 bet on Mickelson at +20000.
Another bettor put down just $2 on Mickelson when his live odds were +40000 on Friday. By the time Mickelson hoisted the trophy on Sunday evening, that bettor had turned $2 into $800.
On Sunday, you could still get Mickelson at a pretty good price of +300 with oddsmakers understandably skeptical that he would be able to hold onto the lead over Brooks Koepka and the rest of the field. After all, Mickelson hadn’t won a PGA Tour event — let alone a major — since 2019.
Before the tournament began, Mickelson had attracted only 0.8 percent of the tickets and 0.5 percent of the money at BetMGM. In the end, those figures jumped up pretty significantly to 5.8 percent of the tickets and 8.7 percent of the money.
And as Mickelson recaptured some of the magic that made him one of the most exciting figures in the sport in years past, bettors were able to cash in.
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