Texas Tech Bet 1500
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Despite lucrative offers from former Dallas Cowboys wide receiver Dez Bryant and others, a man who bet $1,500 on Texas Tech to win the 2019 NCAA men's national basketball. In addition to the $1,500 futures wager on Texas Tech at 200-1, ESPN learned that he also had a $1,500 ticket on Michigan State at 40-1 and an $800 wager on Texas Tech at 125-1 odds (for a potential payout of $100,000). In addition, he had a smaller futures position on Virginia. 'I liked the long odds on Texas Tech at 200-1,' the bettor said. Yeah, but how much money has this guy lost in the last year or years that he is putting down $1500 on teams like texas teach at the beginning of the year. Also an auburn guy did this with a $100 bet or something for Auburn to win the national championship in. A $1,500 bet to win $300,000 if Texas Tech wins the national title. Obviously they are in the Final Four so now it’s time to really start sweating. He put it up for sale/swap for $60,000. So you’re still walking away with a good chunk of money and if the person who buys it. Bryant offered $50,000 to the gambler, who wagered $1,500 on 200-1 odds back in November that the Red Raiders would end up winning the national title this season. The payout on the longshot odds.
Texas Tech basketball clinched its first ever berth to the Final Four with an upset win over the No. 1-seeded Gonzaga Bulldogs in this year’s NCAA Tournament. And while many people may have looked at the Red Raiders as darkhorses to get to Minneapolis at the beginning of March Madness — especially considering the regular season Big 12 champs were beat in the conference tournament by a crappy West Virginia team — some fans kept the faith.
One of those, presumably, Texas Tech basketball supporters may see his/her loyalty pay off in a gigantic way come this weekend, because, according to CBS Sports, via ESPN, one person could end up walking away with $300,000 because of a bet he/she placed when the Red Raiders were sitting at 200-to-1 odds to win the national championship. After placing a gutsy $1,500 bet on Tech to win it all when the odds weren’t so high, the faith in Texas Tech could serve this person well.
65 K in your pocket or a 1 in 4 chance at 300k, what would you do? https://t.co/wxGCSSvtPp
— trey wingo (@wingoz) April 3, 2019
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Of course, that doesn’t mean that the gamble will actually pay off, as the Texas Tech basketball team still has to upset No. 2-seeded Michigan State in the Final Four, then would have to go on to beat another No. 1-seed (Virginia) or a scorching hot Auburn Tigers team (No. 5-seed). Plus, Tech is currently a 2.5-point underdog right now against the Spartans, per SportsLine, so winning this could be a long shot — but so was making the be in the first place. Still, the fact that a 200-to-1 bet is still even in play is impressive as all hell, and, for some reason, I’m cheering for this person to walk away a winner come Monday night.
He/She wouldn’t be the only one who has bet big on March Madness this year. Obviously, while you and I haven’t probably won much in our terrible sports gambling habits, I wrote earlier today about a guy named Kevin Masseli, who turned a 14-cent bet during the first weekend of this year’s NCAA Tournament into a wild $1,300, getting lucky on a 10,000-to-1 odds parlay to walk away with the cash.
Somewhere, someone’s sitting and hoping that Texas Tech basketball can come through and do something similar, because winning that much cash would be so awesome.
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(H/T CBS Sports)