Harriet Dennys - City A.M.
Tiger Woods may be the 9/1 favourite to win the Masters in Augusta next month, but one former City boy is so confident he will be defeated that he has staked an estimated £1.5m on the improbable outcome.
That reckless gambler is Ross Marshall, formerly of ING and Barings, who set up YourGolfTravel.com five years ago with a credit card advance of £100,000.
The company now has a turnover of £35m and, in an attempt to win over even more customers, Marshall is offering a full refund to anyone who books a holiday through his site between now and 6th April if Woods wins in Augusta.
All well and good - but you would have thought the "avid betting man" would have learnt from his experiences before last year's World Cup, when he paid out £300,000 in a similar promotion when dark horse Spain won the tournament.
As one concerned associate, mindful of Woods' unpredictable temperament, said: "Never lay tiger."
