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Barstool Sports’ Dave Portnoy Wins Millions On UConn Futures Bet

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2024-04-09

Barstool Sports’ Dave Portnoy Wins Millions On UConn Futures Bet

Few bettors were happier than Barstool Sports founder Dave Portnoy on Monday night. The UConn Huskies dismantled the Purdue Boilermakers in the men’s basketball national championship, cashing Portnoy’s massive futures bet on the Huskies.

The sports media founder wagered $600,000 on March 20 — the eve of first-round NCAA Tournament games — that UConn (+360) would repeat as national champions. UConn won all six of its NCAA Tournament games by double digits, cruising to a national championship.

Portnoy received $2.76 million in return, profiting $2.16 million. Portnoy called the bet the “greatest” of his sports betting life in a social media post.

“The biggest win of my life by a mile,” Portnoy wrote on X.

He placed the wager on DraftKings, which announced a partnership with Barstool Sports in February. Barstool Sports was previously owned by PENN Entertainment.

— Dave Portnoy (@stoolpresidente) April 9, 2024

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