Bookmaker Feeling So Guilty About Open Winnings It Is Refunding Adam Win Bets

See, out of the tragedy of Adam Scott's crushing loss comes a story of hope and punters dreams come true.

For Immediate Release...dateline Costa Rica!

Adam Scott’s Meltdown No Big Loss for Bettors: Sportsbook Refunds Those Who Picked Aussie to Win British Open

Major upset after blowing a lead won’t affect sports bettors who bet on Adam Scott to win at online sportsbook

San Jose, Costa Rica– July 23, 2012 – For Australian pro golfer Adam Scott, losing the Open Championship after leading by four strokes with just four holes to play will forever sting. But for those who put their money on him at this online sportsbook, the financial loss won’t be as painful.

SportsBettingOnline today announced that management is refunding all players who lost money betting on Adam Scott.

"With so many of the favorites including Woods not cashing, it was a good day for sportsbooks. But that wasn’t the case for those who dropped money on Scott,” stated Dave Johnson, head oddsmaker for  “We feel it’s our duty to refund the players for taking such a bad beat. His collapse was historic and we know the bettors who had him must feel as awful as he does.”

Adam Scott virtually imploded on the green, bogeying the last four holes. He ultimately lost by one shot to Ernie Els. Odds on Scott taking the Open were listed at 45/1 at the sportsbook. That means every $100 bet would have paid $4500 had the Australian taken the title.

This is the second time in just over two months that this company has refunded sports bettors. Last month, the online sportsbook refunded everyone who lost money on the Pacquaio-Bradley boxing match after the controversial results handed Bradley the win.

Paying members cash for losing bets is fairly commonplace at Members receive 10% cash back, every week, win or lose.