By Mark Duell PUBLISHED: 03:53 EST, 1 October 2012 | UPDATED: 11:48 EST, 1 October 2012 Bookies were counting the cost of Europe's Ryder Cup victory after a stunning final-day comeback was rounded off by a remarkable gesture of sportsmanship by America's Tiger Woods. Jose Maria Olazabal's side recorded a 14½ to 13½ outright win in Medinah, Illinois, following a string of heroic performances by the likes of Luke Donald, Ian Poulter and Rory McIlroy. They played their part in ensuring Europe retained the trophy they won two years ago, but it was Woods who handed them outright victory in the final match of the tournament.
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Industry experts say late drama cost UK betting companies £10million
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Unlikely European comeback cost Ladbrokes £650,000 and Coral £400,000
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Two punters even bet £500,000 on Europe to win as odds fell last night
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Woods missed simple three-foot par putt on 18th green which lost match
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Bookmakers were hoping for draw because few punters had bet on that
Up we go: Europe golfers hold captain @placeholder on their shoulders as they pose for a team photo