Online bookmaker sportsbet.com.au is set to lose thousands of dollars after they opened a market last month on what will happen first – a Tiger Airways Australian domestic flight or Tiger Woods to play in a PGA-sanctioned event.
CASA’s ban on Tiger Airways is now expected to last until the weekend, while Tiger Woods is scheduled to play in the Bridgestone Invitational in Ohio on Thursday.
Tiger Airways was paying just $1.03 to return first when the market closed last week, with Tiger Woods at generous odds of $11.
Sportsbet.com.au’s Haydn Lane said: “We thought Tiger Airways was a sure thing to return to the skies before Tiger Woods hit the greens, but it turns out we were wrong and the punters who backed Woods have cleaned up!”