Big weekend for this Vegas casino owner…he took Michigan to win the title before the tournament
What would be his payout? How does a cool million sound on a $25k bet?
The downtown Las Vegas casino owner has a $25,000 wager on Michigan to win the national championship at plus-4000, meaning two more victories by his home state Wolverines would net a $1 million win.
He placed the wager March 3 at the Golden Nugget, well before Michigan won the Big 10 Conference tournament and reached this weekend’s Final Four.
You have to hedge this on Saturday, just in case Sister Jean somehow keeps this magic rolling. Either way, the rich get richer.