Barstool Sports founder has six-figure bet on NCAA title game

Barstool Sports, a popular digital media company known for its coverage of sports and pop culture, was founded by David Portnoy in 2003. The company has gained significant attention in recent years for its unique and often irreverent take on sports news and commentary.

Portnoy himself is a well-known figure in the sports world, with a large social media following and a penchant for making bold predictions and placing high-stakes bets on various sporting events. In March 2023, during the NCAA Men's Basketball Tournament, also known as March Madness, Portnoy placed a significant bet on the outcome of the championship game.

According to multiple reports, Portnoy wagered $250,000 on the University of Connecticut Huskies to win the title. The Huskies had made it to the championship game after an impressive run through the tournament, defeating some of the top teams in the country along the way.

Portnoy placed his bet through DraftKings, a popular online sports betting platform. The Huskies were considered underdogs in the championship game against the heavily favored Gonzaga Bulldogs. However, in a shocking turn of events, the Huskies pulled off an upset victory, defeating Gonzaga 76-72 in overtime.

With the Huskies' victory, Portnoy was poised to collect a substantial payout from his bet. According to DraftKings' odds at the time of the bet, the Huskies were paying out at +325. This means that for every $100 bet on the Huskies to win, $325 would be paid out. With his $250,000 bet, Portnoy stood to win $812,500 if the Huskies emerged victorious.

The news of Portnoy's bet and potential payout generated significant buzz in the sports world and beyond. The outcome of the championship game was widely discussed on social media, with many commentators expressing surprise at the Huskies' upset victory and speculating on how much Portnoy would stand to gain from his bold wager.

As of now, it's unclear exactly how much Portnoy will receive from DraftKings as his winnings. However, with the Huskies' victory, it's certain that he will be collecting a substantial payday. The exact amount will depend on the specific terms of his bet with DraftKings.

Regardless of the exact amount, it's clear that Portnoy's bet on the Huskies' championship victory was a significant one, both in terms of the financial stakes involved and the attention it generated in the sports world. Whether or not he decides to share the details of his winnings with the public remains to be seen. However, one thing is certain - the outcome of the NCAA championship game was a memorable moment for both the Huskies and their passionate fanbase, as well as for Portnoy and his many followers.