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From the Las Vegas SunMichigan’s loss to Oregon has saved a Las Vegas casino owner $1 million. Golden Nugget owner Tilman Fertitta personally approved a $12,500 bet on Michigan at 80-to-1 odds from Derek Stevens, who owns The D casino. Stevens, a Michigan native and University of Michigan alumnus, bet $11,000 each on all 32 first-round games, but got off to a rocky start. He was down $109,000 after the opening round. 
Like I keep trying to tell you guys, you’re going to blow all your money gambling sports. But it’s all for fun…I get it.

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