Fire Derek Shelton 7/21 – Objects in rear view mirror may be bad teams temporarily playing well

A spokesperson for British betting firm Ladbrokes confirmed on Sunday afternoon that it had held three bets that will allow¬†Rory McIlroy‘s father Gerry and his friends to make more than $300,000 off his son’s victory at Hoylake.

Ladbrokes’ Rachel Bridge told that one bet — believed to be made by McIlroy’s father — was a 200-pound wager ($341) at 500/1 odds placed in 2004 for his son to win within 10 years. That bet will pay out $171,000.

Those bets, Bridge said, were for 200 pounds at 250/1 for him to win The Open by 2015 and 200 pounds at 150/1 for McIlroy to win The Open before age 50. Those bets will pay out a combined $136,700.