Guy has $20,000 on Michigan State to win a million

[No coincidences]

http://espn.go.com/chalk/story/_/id/12590198/man-1-million-riding-michigan-state-spartans-bet

[jjgold]

unreal

although he as no shot

[t-wizzle]

Guy must be loaded.

[James Marques]

Actually throwing real money on a game... imagine that clown.

[shaunovery]

Easy hedging now

Had 50k on next game double down if it loses

[Big Bear]

Easy hedging now

Had 50k on next game double down if it loses

assuming he has an extra 50K laying around.

[Big Bear]

They have no shot at beating Kentucky though

[BigSpoon]

assuming he has an extra 50K laying around.

In the article it says he owns The D and Golden Gate hotels in downtown Las Vegas, so hedging should not be a problem for him.

[Big Bear]

In the article it says he owns The D and Golden Gate hotels in downtown Las Vegas, so hedging should not be a problem for him.

in that case he should let it ride

[Plaza23]

assuming he has an extra 50K laying around.

IF you are willing to put $20,000 on someone at a 50-1 shot, I'm sure he has over a 1mils "laying around".

Here's what I would do (if there isnt a prop of "MSU not winning the title" he could hedge on.

Duke right now is -245.
I'd bet 80,000 to win 32,700. If Duke wins, he's at a profit of 12,700.

Duke loses, now he's 100,000 behind. KY shouldnt be more than a -500 favorite to beat MSU and Wisconsin would be way less than that.

Worse case put 800,000 on KY at -500. If KY wins, he wins 160,000. Profit (160,000 - 100,000 = 60,000)
If MSU wins, he'd be at a profit of 1,000,000 - 900,000 = 100,000.

If he hedges properly he should clearly make good money on this.

[JameisBrady]

in that case he should let it ride

Why? There is no statistically significant chance that MSU wins a title this year.

[Unwritten Law]

I think he will win that million.

[Manuel Labor]

20g's to win a million on Mich st to win it all

Fuk it Let it Ride. Pound the house no mercy!

[shaunovery]

assuming he has an extra 50K laying around.

If he owns both hotels eiether side of the book he should hAve plenty of cash

[Big Bear]

Why? There is no statistically significant chance that MSU wins a title this year.

because if he owns his hotel then he sure as hell dont need the money.

guy wipes his ass with 50 grand.

Thats lunch money to a guy like him.

[Heandog]

let it ride

[slacker00]

Cute run for MSU, but they were favored in their last two games. Duke will steamroll them. Time to cut bait.

[BrickJames]

He need to hedge that six ways to Sunday

[jjgold]

He will hedge

guys has cash too so this is chump change meaning bet amount

[stevenash]

unreal

although he as no shot

When your head coach is Tom Izzo, who will go down in history as an all time great, they have a shot.

[No coincidences]

When your head coach is Tom Izzo, who will go down in history as an all time great, they have a shot.

Izzo is 1-8 vs. Coach K I believe, though that's usually when there's been a pretty strong imbalance in rosters.

Of course, the same could be said about their respective rosters this year.

Duke looks pretty damn good right now. Not sure where this defense is coming from, but it makes them a hell of a lot more dangerous than usual. I'm starting to think they might win the title.

[manny24]

Guy must be loaded.

don't play around T

you would wipe your a$$ with that ticket

[RavensFan2k3]

Cute run for MSU, but they were favored in their last two games. Duke will steamroll them. Time to cut bait.

Thats what everyone said about Ohio State in football this year

[letsgo]

Thats what everyone said about Ohio State in football this year

Basketball is very different from football.

[No coincidences]

Basketball is very different from football.

You're right. Basketball is actually more susceptible to upsets than football.

[RavensFan2k3]

You're right. Basketball is actually more susceptible to upsets than football.

Exactly

[t-wizzle]

don't play around T

you would wipe your a$$ with that ticket

[Briefcase]

Hedge both UK and Duke ML.

[El Nino]

IF you are willing to put $20,000 on someone at a 50-1 shot, I'm sure he has over a 1mils "laying around".

Here's what I would do (if there isnt a prop of "MSU not winning the title" he could hedge on.

Duke right now is -245.
I'd bet 80,000 to win 32,700. If Duke wins, he's at a profit of 12,700.

Duke loses, now he's 100,000 behind. KY shouldnt be more than a -500 favorite to beat MSU and Wisconsin would be way less than that.

Worse case put 800,000 on KY at -500. If KY wins, he wins 160,000. Profit (160,000 - 100,000 = 60,000)
If MSU wins, he'd be at a profit of 1,000,000 - 900,000 = 100,000.

If he hedges properly he should clearly make good money on this.

$800K on a NCAAB ML... There may not be enough books in Vegas to spread that around.

[Snowball]

who cares. 20k to this guy is probably not much.
like most of us putting a hunny on it.

[PaperTrail07]

? LOL guy will make 300K MIN...

unreal

although he as no shot

[PaperTrail07]

MSU could possibly beat Duke and they would need to play Wisk to win it...

[manny24]

who cares. 20k to this guy is probably not much.
like most of us putting a hunny on it.

[oChRoNiCo]

Guy must be loaded.

I thought you were leaving forever after Wisconsin raped Arizona and you Saturday????

[joeye]

what is interesting is he made the bet on December 5th