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Rory McIlroy's dad could cash in huge on a 10-year-old bet

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CORK, IRELAND - JUNE 18: Rory McIlroy of Northern Ireland playing with his father Gerry McIlroy during the pro-am event prior to the The Irish Open at the Fota Island Resort on June 18, 2014 in Cork, Ireland. (Photo by Ross Kinnaird/Getty Images)

A decade ago, Rory McIlroy was a 15-year-old kid with some skill at golf and a dad who believed in him wholeheartedly. So much so, in fact, that Gerry McIlroy and three friends put together £400, just less than $700 in today's dollars, on an audacious bet: young Rory would win the Open Championship before he turned 26. The odds? 500-1.

McIlroy is now 25. And he stands six shots ahead of the field with 18 holes to play. That crazy little bet doesn't seem so crazy now, does it? The bet would pay £200,000, or more than $340,000, if McIlroy is able to win. Assuming each of the four partners threw in equally, that's $85,000 apiece. (You know there were a few guys who thought it was a throwing-money-away bet.) Not a bad return on investment, yes?

Here's the BBC's Andrew Cotter confirming the bet:

And in case you're still not convinced:

How safe is the bet? Consider this: McIlroy leads by six strokes, and no one has ever lost the Open Championship leading by that many heading into the final round. It's no sure thing; McIlroy lost the Masters by choking spectacularly in 2011, but he's since won two majors in dominating fashion.

The lesson, then: parents, bet big on your kids. Sure, their love and gratitude is nice, but so's a six-figure cash payout.

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Jay Busbee is a writer for Yahoo Sports. Have a tip? Email him at jay.busbee@yahoo.com or find him on Facebook or on Twitter.

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