Barstool Sports Founder Set To Land Seven-Figure Prize If Scottie Scheffler Wins The Masters

Dave Portnoy, who invented Barstool Sports, has placed a huge bet on world No.1 Scottie Scheffler to win the Masters

Dave Portnoy of Barstool Sports
(Image credit: Getty Images)

Barstool Sports founder Dave Portnoy has revealed he stands to collect a seven-figure sum if Scott Scheffler wins the Masters after betting $300,000 on him to triumph.

World No.1 Scheffler heads into the final round at Augusta with a one-shot lead as he bids for his second Major title following an impressive start to 2024 with two victories on the PGA Tour already. 

Portnoy, 47, was so confident of Scheffler triumphing at the Masters he placed a massive bet which stands to earn him $1,650,000 if the American sees off the chasing pack to win the Green Jacket.

Portnoy revealed his bet on social media on X, formerly known as Twitter, as he discussed what he considered the vital factors which could propel Scheffler to victory, including referencing the pro's pregnant who is due to give birth this month.

Portnoy wrote: "4 keys to Scottie Scheffler winning the Masters today and me winning a milly. 1 shot at a time. Don't get too high. Don't get too low 2. Drive for show putt for dough 3. Hits your irons like a warrior poet 4. Don't let your wife go into labor."

Scheffler has already stated that he will depart The Masters should his wife, Meredith go into labor early.

Portnoy's huge bet is the latest stunt in his career which has included plenty of public bets after he started out giving online gambling tips when still at college. 

He then built up Barstool and sold a majority stake to The Chernin Group in January 2016. Penn Entertainment, who are a casino-and-sports-gaming company, later finalised its acquisition of Barstool in February 2023 in a $551 million deal after acquiring a minority stake in the sports blog in 2020.

But Portnoy acquired back Barstool in August 2023 after Penn and Barstool agreed to go their separate ways as the gambling operator signed a new 10-year deal with ESPN instead.

James Nursey
Contributor

James Nursey is a freelance contributor to Golf Monthly after spending over 20 years as a sports reporter in newspapers. During a 17-year career with the Daily Mirror, he covered mainly football but reported from The Open annually and also covered a Ryder Cup and three US Opens. He counts a pre-tournament exclusive with Justin Rose at Merion in 2013 as one of his most memorable as the Englishman went on to win his first Major and later repeated much of the interview in his winner’s speech.  Now, after choosing to leave full-time work in newspapers, James, who is a keen single-figure player, is writing about golf more.  His favourite track is the Old Course after attending St Andrews University but has since played mainly at Edgbaston, where he is a long-time member. James’ golfing highlights include previously winning the club championship and scratch knock-out there. He is also an active member of the Association of Golf Writers and Press Golfing Society but his favourite round is playing the game with his young children. James is currently playing:  Driver: Ping G400 3 wood: Ping i20 Hybrid: Ping i20 Irons: Ping i500 4-SW Wedges: Ping Glide forged 50, 56 Putter: TaylorMade Spider Tour Ball: Titleist ProVIx