$100 Bet on Syracuse Win Could Pay $100K

Wager was placed when no one thought the Orange had a chance
By Jenn Gidman,  Newser Staff
Posted Mar 28, 2016 7:49 AM CDT
$100 Bet on Syracuse Win Could Pay $100K
Syracuse's Malachi Richardson (23) reacts during the second half of a college basketball game against Virginia in the regional finals of the NCAA Tournament on Sunday in Chicago. Syracuse won 68-62.   (AP Photo/Nam Y. Huh)

In an incredible run that SB Nation says "doesn't make sense" and Sports Illustrated labels "improbable," Syracuse beat No. 1 seed Virginia 68-62 on Sunday, the AP reports—making the Orange the first No. 10 seed to make it to the Final Four. And one bettor is now making a Las Vegas bookie sweat, as ESPN puts it, holding a ticket purchased for $100 on Jan. 13 (when odds against 'Cuse were 1,000-to-1) that could be worth $100,100 if Syracuse goes all the way. The same gambler bought two other "Go, Syracuse!" tickets from Westgate SuperBook when the team dropped to 500-to-1 odds. All three tickets are now for sale for $6,069 on a secondary-market site—which may be a smart move, as a Westgate VP says he can't recall a 1,000-to-1 wager ever cashing out in his 20-plus years in the business. (Could this Buddhist monk be holding the big ticket?)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X