Tiger Woods’ win at the Masters was especially unforgettable for one 39-year-old man for Wisconsin. James Adducci literally bet his life on the outcome.
Adducci made headlines over the weekend when news broke of his $85,000 bet (and subsequent $1.2 million payout) on Woods. The details behind the wager are even more remarkable.
A new feature from Golf Digest’s John Dickerson details how Adducci, a self-employed daytrader facing climbing debts, took $85,000 out of “a business account comprised of some failed stock money” and laid it all on Woods. He basically let his future hang on Woods’ performance.
It paid off in a big way.
A man with a mortgage on his house, two student loans and two car loans decided he would take $85,000, which he said was "everything I had that I could afford to lose," and place it on Tiger. https://t.co/FnmmCA9jzn
— John Dickerson (@jdickerson) April 16, 2019
“A month before is when I knew I was going to do it,” Adducci said. “I had been thinking a lot about this. I watched Tiger’s performance at the Tour Championship, and things seemed to be going his way. I looked at how well he did there, and some other factors you can’t put stats behind. It wasn’t about the stats for me. The fact that this was going to be his first major in front of his kids, I was convinced he would win.”
Weeks before, he told his wife about wanting to place this wager, and though he faced a little opposition initially: “She said to me, ‘I can’t stop you from doing this, because if he wins, I’ll never forgive myself.’ She’s a keeper.”
Adducci says he plans on using his winnings for investment opportunities and to pay off outstanding debt.
Forget Bill Murray in “Caddyshack,” this is a real-life “incredible Cinderella story” from the Masters.