Big Bets Report: Michigan Helps Bettor Win 160k After Losing 75k

Shortly before the NCAA Tournament Championship Game tipped off on Monday night, a BetMGM customer decided to get involved. Like, really involved. Four bets totaling $325,000, all on Michigan, at various point spreads vs. UConn. The bettor batted .500, but spread the money around in a way that still netted a high-five-figure payday. More on those wagers, a million-dollar miss and other notable bets from March Madness, MLB and elsewhere as we recap the week that was in sports betting. This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. Michigan Money Michigan was a consensus 6.5-point favorite vs. UConn. But that point spread alone wasn’t quite enough to satisfy one bettor. So the customer mixed in alternate spreads, taking the Wolverines at four numbers: -4.5, -5.5, -6.5 and -7.5. Had all four tickets gotten there, the bettor would’ve netted approximately $229,400. But all four didn’t get there, as Michigan held on for a 69-63 win. The bettor won the first two wagers and lost the second two. However, the bigger bets were at -4.5 and -5.5. So, while the customer lost an eye-popping $75,000 on Michigan -6.5 and -7.5, the two winners totaled 159,663.86 in profit. Subtract the losers, and the bettor profited $84,663.86. Pretty fortuitous, but a pretty big sweat, as well. The bettor was one UConn bucket away from going 0-4. One Step Short Back on Feb. 15, well before most of us were thinking about March Madness, a DraftKings Sportsbook customer decided it was time to play big. The bettor put $77,000 on UConn +1300 to win the national title. To win a whopping $1.001 million. And it almost happened. The Huskies trailed by double digits multiple times in the second half, then clawed within four at 67-63 with 37 seconds remaining. Michigan then missed two free throws, so UConn had the ball with a chance to cut the lead to two or perhaps one. But that was the end of the line. The Huskies scored no more, and as noted above, Michigan won 69-63. Laser Beam FanDuel Sportsbook has a new prop bet it offers on MLB games: Player to hit a laser. What’s a laser, you might ask? Well, it’s a home run with an exit velocity of at least 110 mph. On Friday night, a FanDuel customer decided, why not craft a two-leg laser-beam parlay? The bettor put all of nine dollars on: The cumulative odds for this parlay: +106400, or in easier-to-read terms, 1064/1. Freeman was the much longer shot to hit a laser, but did so on a fifth-inning homer in the Dodgers’ 13-6 win over the Nationals. Rice’s laser came in the seventh inning of the Yankees’ 8-2 win over the Marlins. So that modest $9 turned into a hefty $9,585. That’s the kind of ROI we can all appreciate. Parlay Partay If you’re going to bet 23-leg parlays, then you’d be wise to keep that bet amount to a minimum. Even more so on 23-leg tennis parlays. Twenty dollars is more than adequate. That’s how much a Fanatics Sportsbook customer put down while bundling a bunch of ATP and WTA singles matches with a couple of doubles matches. Granted, every leg was a favorite, and in some cases a big favorite. Still, all it takes is one player to derail the whole train. Somehow, all 23 got there, at odds of +57029, or just beyond 570/1. So the bettor turned $20 into $11,425.80. Parlay Partay, Part II On Saturday, a Fanatics customer put $36 on a 12-leg parlay, covering an interesting array of sports: hockey, tennis, NBA and college basketball. The final leg was arguably the easiest. Michigan built a 30-point second-half lead vs. Arizona in Saturday’s Final Four showdown, and the Wolverines coasted to a 91-73 victory. At odds of +35029 — again, riding nothing but favorites — the bettor banked $12,453. Homerless Happiness Another MLB prop bet generating some interest this season: No home runs in a game. On March 31, a DraftKings customer compiled a three-leg no-homer parlay, on A’s-Braves, Yankees-Mariners and Pirates-Reds games. The odds of that happening were a huge +107900, or 1079/1. But the bettor then utilized a 50% parlay boost, hiking the odds to +161850, or just beyond 1618/1. Somehow, not a single baseball left the yard in those three games. And 10 bucks became $16,195. I Like Big Bets and I Cannot Lie There was no shortage of high-roller plays on the NCAA Tournament title game, along with some futures bets, as well. A few more notable tickets, all from DraftKings: