“Jon Rahm winning was the worst result for (us),” vice president of trading at BetMGM, Jason Scott, expressed in a statement. “Rahm received the most tickets and handle to win the tournament resulting in a seven-figure loss for BetMGM.”
FanDuel Sportsbook had Rahm +950 to win the tournament before it started while BetMGM had Rahm a similar 9-to-1 before Round 1 and 10-to-1 before Round 2.
BetMGM took a $1,500 bet to win $15,000 on Rahm.
BetMGM ended up taking 12.3 percent of their tickets on Rahm, which was 17.9 percent of the total handle. That number had increased from 8 percent of tickets and 11.4 percent of the handle prior to Round 1.
Rahm finished with a tournament-best round of 4-under 67 on Sunday. He went birdie-birdie on the par-4 17th and par-5 18th to overtake Louis Oosthuizen.
Oosthuizen was the runner-up behind Rahm with a 5-under par finish. Rahm also did so in thrilling fashion as he erased a one-stroke deficit with two holes to play.