Betting Business: Tiger Woods wins Masters, costs William Hill single-largest golf payout

Tiger Woods won the 83rd Masters, his fifth-career Green Jacket, Sunday and captured his 15th major championship along the way.

He also cost William Hill U.S. Sportsbook in Nevada their biggest single golf payout in the company's history in the United Stated, according to ESPN.

A bettor at the sportsbook placed an $85,000 bet on Woods with odds at 14-1 Tuesday. It was reportedly that customer's first-ever bet placed at William Hill and they are $1.19 million richer because of it.

In a William Hill release, as noted by ESPN, William Hill U.S. director of trading Nick Bogdanovich said it is "great to see Tiger back" but added, "It's a painful day for William Hill - our biggest loss ever - but a great day for golf."

Tiger also won the Masters in 1997, 2001, 2002 and 2005. With the way he played during the Masters, sports bettors will surely be looking to put some action on him in upcoming events.

MORE:

Packers' puzzling goal-line decisions end in disaster

Burmese python discovered in surprising place

Rangers ripped for not catching easy foul ball so pitcher could reach milestone

Gardner Minshew finally got to meet 'Uncle Rico' and NFL fans loved it

See Felix Hernandez's emotional walk off the mound for the Mariners