University of Michigan Alum Could Win $1 Million If MSU Wins NCAA Tournament
In November (when the Spartans weren’t exactly doing the best), Derek Stevens went to the Golden Nugget Casino in Las Vegas and placed a $20,000 bet on the Spartans to win it all. That’s a pretty crazy bet coming from a U of M grad! Stevens, though, is the owner of The D Casino in Las Vegas, so he knows a little bit about gambling.
He knew what he was getting himself into when he made his $20,000 bet at 50 to 1 odds.
What exactly is the payout on a bet that big at those odds? I’m not good at math, so I’m glad Stevens spelled it out on his Twitter page when he posted a picture of his gambling slip.
— Derek Stevens (@DerekJStevens) March 31, 2015
Here’s to hoping that this Wolverine had the right idea when he placed this bet all those months ago!
Michigan State takes on Duke this Saturday, April 4 at 6:09 p.m. The game will be televised on TBS.