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Bookies take bets on Woods' divorce
Source: Agencies |
December 19, 2009, Saturday
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IF Tiger Woods and his Swedish wife get divorced, Elin Nordegren won't be the only one collecting on the settlement.
British bookmaker William Hill is taking bets on just how much Nordegren will get if she decides to divorce the world's No. 1 golfer, who is taking an indefinite break from the sport after admitting to cheating on his wife.
As the scandal widens with claims of more and more mistresses, bettors can get 25-1 odds that Nordegren will receive more than half a billion dollars in a divorce settlement. The odds drop to 6-4 for a settlement under US$100 million. William Hill is offering only 1-2 odds that she would get between US$100 million and US$500 million.
"It's largely a bit of fun," William Hill spokesman Rupert Adams said.
At odds of 25-1, people who bet US$1 and win will get US$25 plus the US$1 stake back. At 6-4 odds, a US$4 bet will get US$10 in return.
Adams said the company had been taking bets on whether or not the couple would get divorced at all, but took the market down because it was too one-sided with people betting on divorce. William Hill also had bets on how many women would come forward as alleged mistresses, but Adams said that was too difficult to verify.
None of the bets, though, had been for much money. "People are putting on small bets, probably so they can have a giggle in the pub and show their mate a betting slip," Adams said. "It's not vast sums of money."
Two other British bookmakers, Ladbrokes and Coral, are only taking bets on Woods as a golfer, saying they wanted to stay away from his personal problems.
"We did think about it, but we tend not to go down there," Coral spokesman Gary Burton said.
Ladbrokes spokesman Nick Weinberg said his company is more concerned about Woods' sporting achievements. "We usually stay away from the less tasteful elements, so we've given that one a miss," Weinberg said.
British bookmaker William Hill is taking bets on just how much Nordegren will get if she decides to divorce the world's No. 1 golfer, who is taking an indefinite break from the sport after admitting to cheating on his wife.
As the scandal widens with claims of more and more mistresses, bettors can get 25-1 odds that Nordegren will receive more than half a billion dollars in a divorce settlement. The odds drop to 6-4 for a settlement under US$100 million. William Hill is offering only 1-2 odds that she would get between US$100 million and US$500 million.
"It's largely a bit of fun," William Hill spokesman Rupert Adams said.
At odds of 25-1, people who bet US$1 and win will get US$25 plus the US$1 stake back. At 6-4 odds, a US$4 bet will get US$10 in return.
Adams said the company had been taking bets on whether or not the couple would get divorced at all, but took the market down because it was too one-sided with people betting on divorce. William Hill also had bets on how many women would come forward as alleged mistresses, but Adams said that was too difficult to verify.
None of the bets, though, had been for much money. "People are putting on small bets, probably so they can have a giggle in the pub and show their mate a betting slip," Adams said. "It's not vast sums of money."
Two other British bookmakers, Ladbrokes and Coral, are only taking bets on Woods as a golfer, saying they wanted to stay away from his personal problems.
"We did think about it, but we tend not to go down there," Coral spokesman Gary Burton said.
Ladbrokes spokesman Nick Weinberg said his company is more concerned about Woods' sporting achievements. "We usually stay away from the less tasteful elements, so we've given that one a miss," Weinberg said.
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