Barstool Sports activities founder Dave Portnoy is cashing in $2.76 million on UConn’s huge win over Purdue on Monday evening within the NCAA males’s championship recreation.
Portnoy tweeted the huge rating off a March 20 $600,000 wager on the Huskies profitable the nationwide championship. Portnoy’s guess was a moneyline wager positioned proper earlier than the NCAA event started, and required UConn to win six straight video games for it to repay for him. The guess paid off at 3.6-to-1.
DraftKings confirmed to CNBC it took the guess.
“The best guess of my life,” Portnoy mentioned within the publish on social media website X. “The largest win of my life by a mile.”
Barstool signed a multiyear cope with DraftKings in February. The sports activities media firm was beforehand owned by Penn Leisure.
DraftKings reported a file NCAA event, with sports activities betting now authorized in 38 states plus Washington, D.C. — 5 extra states since this time final yr.
The American Gaming Affiliation estimated People would legally wager $2.72 billion on the March Insanity tournaments this yr. That’s equal to 2.2% of the full deal with wagered on any sporting occasions final yr.
DraftKings mentioned Monday’s recreation was essentially the most bet-on faculty basketball recreation of all time for the sportsbook.
FanDuel mentioned the lads’s championship recreation noticed a 52% year-over-year improve in guess depend and a 42% year-over-year improve in deal with.
At Caesars Sportsbook, Monday’s championship recreation accounted for essentially the most same-game parlays ever positioned on a university basketball recreation.
“It was a event for the shoppers as favorites coated the unfold 61% of the time,” Craig Mucklow, Caesars Sportsbook’s vp of buying and selling, mentioned in an electronic mail.
Betting on the ladies’s event was significantly profitable for the sportsbooks.
South Carolina’s undefeated season and the heroics of famous person Caitlin Clark fueled a large inflow of bets. FanDuel, BetMGM and Fanatics say the championship recreation was their single greatest betting occasion on girls’s sports activities. Caesars mentioned the ladies’s championship noticed double the earlier deal with file for a girls’s faculty basketball recreation.
“We might solely think about the deal with if the sport was given a correct primetime slot,” Mucklow mentioned of the ladies’s remaining.
— CNBC’s Dan Mangan contributed to this report.
Supply: NBC 5 Dallas Fort Value Information
