A decade ago, Rory McIlroy was a 15-year-old kid with some skill at golf and a dad who believed in him wholeheartedly. So much so, in fact, that Gerry McIlroy and three friends put together£400, just less than $700 in today's dollars, on an audacious bet: young Rory would win the Open Championship before he turned 26. The odds? 500-1.
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McIlroy is now 25. And he stands six shots ahead of the field with 18 holes to play. That crazy little bet doesn't seem so crazy now, does it? The bet would pay £200,000, or more than $340,000, if McIlroy is able to win. Assuming each of the four partners threw in equally, that's $85,000 apiece. (You know there were a few guys who thought it was a throwing-money-away bet.) Not a bad return on investment, yes?
The shops over in the UK will let you make crazy bets like this. Future bets going many years out. The odds are terrible.
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McIlroy is now 25. And he stands six shots ahead of the field with 18 holes to play. That crazy little bet doesn't seem so crazy now, does it? The bet would pay £200,000, or more than $340,000, if McIlroy is able to win. Assuming each of the four partners threw in equally, that's $85,000 apiece. (You know there were a few guys who thought it was a throwing-money-away bet.) Not a bad return on investment, yes?
The shops over in the UK will let you make crazy bets like this. Future bets going many years out. The odds are terrible.
