Dave Portnoy's $2.7 Million Win: UConn's NCAA Victory Pays Off

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Source: CNBC
Dave Portnoy's $2.7 Million Win: UConn's NCAA Victory Pays Off
Photo: CNBC
TL;DR Summary

Barstool Sports founder Dave Portnoy won $2.76 million by betting on UConn's victory in the NCAA men's championship game, with the bet paying off at 3.6-to-1 odds. This marked the most bet-on college basketball game of all time for DraftKings, and the tournament as a whole saw a significant increase in sports betting activity, with geolocation tracking company GeoComply reporting a 42% increase in checks over the 2023 tournament. Additionally, the women's tournament also saw a surge in betting, particularly during the championship game, driven by South Carolina's undefeated season and the performance of superstar Caitlin Clark.

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