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A gambler reportedly cashed in big time by picking the March Madness upset of the century

Published by Business Insider on Sat, 17 Mar 2018


March Madness history was made as Virginia became the first 1-seed to ever lose to a 16-seed.One gambler cashed in big time by wagering $800 on UMBC to win outright.The $800 bet at the Venetian in Las Vegas won the gambler nearly $17,000 at 21-1 odds.March Madness history was made as Virginia became the first 1-seed to ever lose to a 16-seed, falling to Maryland-Baltimore County, 74-54.The upset shocked the basketball world and busted nearly 20% of the brackets at ESPN that had Virginia winning the entire tournament.One wager that wasn't busted was reportedly a gambler at the Venetian in Las Vegas who wagered $800 on UMBC to win outright. That's right, one person bet $800 on a 16-seed to not just cover the spread, but to win, at 20-1 odds.The payout' Nearly $17,000.Wow! $800 to win $16,800 on MD Baltimore to beat Virginia! pic.twitter.com/dfalD6WNvJ' RJ Bell (@RJinVegas) March 17, 2018Not a bad day's work.More March Madness: LIVE BRACKET GAME SCHEDULE Our best bets for the first round of March Madness The most common Final Four picks and predictions How to watch March Madness onlineJoin the conversation about this storyNOW WATCH: Richard Sherman says he got interested in crypto after he missed out on making millions
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