Ten years ago, a guy name Gerry McIlroy walked into the British betting firm Ladbrokes and put a 200-pound wager, or $341 at 500/1 odds, on his kid to win the British Open within 10 years.
The next year, in 2005, a couple of Gerry’s buddies also placed bets on Gerry’s kid. Those bets were for 200 pounds at 250/1 for the kid to win The Open by 2015 and another 200 pounds at 150/1 for him to win The Open before age 50.
Rory McIlroy, holding the Claret Jug, celebrates yesterday with his mom, Rosie (to Rory’s right), friends and his father, Gerry, standing left of Rory in front and wearing the white shirt.
The kid, of course, was Rory McIlroy, who won the British Open yesterday and took home $1.66 million in earnings. He also joined only Jack Nicklaus and Tiger Woods as the only men since the 1930s to have won three legs of golf’s grand slam by age 25.
With Rory’s win yesterday, Gerry McIlroy was paid $171,000, and his buddies raked in another $136,700.
“He’s never reminded me,” McIlroy said of his father’s wager. “I knew that he’d done it. I’m not sure if it will pay out. If it does, it’s a nice little bonus.”
Ladbrokes announced in Twitter that it would honor the bet.