Those crazy people at Paddy Power are at it again with their money back specials and this time it’s the US Masters golf. If Tiger Woods wins the US Masters, Paddy Power will refund all losing bets!

Yes, that’s correct. If Woods wins the 76th edition of the US Masters golf, which starts on Thursday April 5th and finishes Sunday April 8th, all losing bets on the “Outright Win” market will be refunded by the good people at Paddy Power!

Woods might well be back to his best kind of form ahead of the tournament at Augusta, having landed the recent Arnold Palmer Invitational event at Bay Hill by five shots – which makes this a fabulous offer for anyone wanting to back any other player in the US Masters field.

Supporters of Rory McIlroy for example, can take advantage of the 5.50 currently being offered by the popular Irish bookmakers – a price which is already comparable with that on offer at the likes of BetVictor or Coral – safe in the knowledge that if Tiger does the business, their stakes will be refunded!

Paddy Power are famous for their money back specials and recently paid out almost five million pounds on the Arkle at the Cheltenham Festival, after they took on hot favourite Sprinter Sacre. After the Nicky Henderson trained horse won, Paddy Power were forced to refund £2 million worth of losing bets, as well as paying out £2.7 million of bets on Sprinter Sacre. Ouch!

Here are the market leaders in the US Masters Golf outright betting, courtesy of Paddy Power:

Woods, Tiger – 5.00
McIlroy, Rory – 5.50
Mickelson, Phil – 11.00
Donald, Luke – 15.00
Westwood, Lee – 19.00
Rose, Justin – 29.00
Schwartzel, Charl – 29.00
Scott, Adam – 34.00
Day, Jason – 41.00
Watney, Nick – 41.00
Bar – 46.00