James Adducci has decided to let it ride while he’s hot.

Well, not all of it. But the bettor who won nearly $1.2 million when Tiger Woods won the Masters put a chunk of his winnings on the line for a much bigger payday.

Adducci has placed a $100,000 bet that Woods will win the Grand Slam this year. If Woods goes on to win the PGA Championship, the U.S. Open and The Open Championship, he’ll cash out for $10 million, according to a Golf Digest report.

Adducci placed the bet Wednesday with the William Hill Sportsbook, the same book where he made his $85,000 bet on Woods to win the Masters at 14-1 odds, a wager he claims was his first sports bet.

Adducci getting 100-1 odds, not long enough

This time he’s getting 100-1 odds, which are long, but not nearly long enough for the achievement he’s betting on.

In his prime, Woods achieved the “Tiger Slam,” an accomplishment completed when he won the 2001 Masters. The win followed up a 2000 season where he won the U.S. Open, The Open Championship and the PGA Championship, giving him all four major championships at once.

Maybe James Adducci's wager on Tiger winning the Masters was his first sports bet. (AP) More

It was a remarkable feat, one of the great achievements in the history of the game. Nobody since has approached it. Nobody before has won the modern-day Grand Slam that consists of winning the four current major championship in a calendar year.

Adducci counting on Woods’ past success

Adducci told Gold Digest he placed the bet because of Woods’ track record at the upcoming major courses.

Woods won the 2002 U.S. Open at Bethpage Black, which is hosting next week’s PGA Championship. The U.S. Open will be held at Pebble Beach, the site of one of Woods most dominant victories, his 15-stroke win at the 2000 U.S. Open.

"Tiger has history winning at Bethpage, and he won at Pebble, by the biggest margin in history," Adducci told Golf Digest. "This is a very unique situation. That's the way I'm thinking about it.

“We know that with every win, the energy level will get amped up. His game gets elevated. The expectation — does he play well under pressure? He's the definition of excelling under pressure. That's how my brain works."

Again, Woods achieved those wins in his prime. He most certainly is not in his prime in 2019. He’s 43 years old. His body has broken down and been rebuilt on multiple occasions. As remarkable as his Masters win was, he’s not nearly the same golfer who won the “Tiger Slam.”

Better uses for $100K

Woods will not win the next three major championships. Adducci would be better off laying $100,000 down on a spin of the roulette wheel. Or a lavish party weekend for his friends in Las Vegas. Or using it as kindling for a fire.

Eyebrows were raised when Adducci claimed that his $85,000 bet on Woods to win the Masters was his first.

Based on his judgment here, maybe it was.

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