McIlroy's Open win gives dad $170,000 on 500-1 bet made in 2004By SARA MARLEY
July 20. 2014 6:35PM
LONDON — Rory McIlroy’s father won 100,000 pounds ($170,000) when his son captured the British Open for his third major golf title.
Gerry McIlroy placed a 200-pound bet at 500-1 odds in 2004 on his son, then 15, winning the golf tournament within 10 years, British bookmaker Ladbrokes said Sunday.
Family friends also bet 200 pounds in 2005 on McIlroy winning the British Open within 10 years at 250-1 and placed a 200-pound bet at 150-1 on him winning the Open before age 50. Those bets will result in an additional 80,000-pound payout, Ladbrokes said.
“This is the most expensive Open result since Tiger’s heyday in 2006, but 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 spokesman Jessica Bridge said, referring to 14-time major champion Tiger Woods.
McIlroy, 25, of Northern Ireland, won the title by two shots over Spain’s Sergio Garcia and Rickie Fowler of the United States.