Money Is On Spieth For British Open Win
Published on July 16 2015 6:12 am
Last Updated on July 16 2015 6:12 am
Forty percent of the money bet on The Open as of Wednesday morning at the Westgate Las Vegas SuperBook is on Jordan Spieth. But the story is much different in the United Kingdom, where bookmakers are trying to drum up action on the winner of the year's first two majors.
Spieth is the favorite to make it three in a row this week at the Old Course at St. Andrews. His odds shortened from 6-1 to 5-1 on Tuesday at the SuperBook, after a bettor placed a four-figure limit wager on him to win his first Open. The bet was around $8,300. The SuperBook will take up to $50,000 in liability on a futures bet.
"The same individual who bet Spieth at 6-1 also bet him at 20-to-1 [to complete the Grand Slam]," SuperBook assistant manager and golf odds specialist Jeff Sherman said.
The bet for the Grand Slam was $2,500. Spieth is now listed at 15-1 to complete that feat, which would entail winning this week and following it with a victory at the PGA Championship Aug. 13-16 at Whistling Straits.
"You rarely see four-figure wagers on golfers [to win tournaments]," Sherman said. "It's always been there on [Tiger] Woods, and we've seen it on Rory [McIlroy], and now we're seeing them on Spieth."
