Barstool founder Dave Portnoy has $600,000 riding on the 2024 March Madness Tournament this year and is hoping for a repeat of last year.
Portnoy’s massive wager on the UConn Huskies to win the NCAA Tournament this year sits at +360 odds onUConn would be the first group to win it all in back-to-back years since the 2006-07 Florida Gators.Two of those teams — FAU and San Diego State — made the Final Four last season, while Auburn , Illinois and Iowa State rate very well on KenPom.“Like +360 is not great odds but at the same time great odds. Yes I am worried that everybody is picking them.
Portnoy also has a second bet that he posted on X, an extreme long shot on the New Mexico Lobos to win the West Region at 22/1 on DraftKings.New Mexico is a No. 11 seed matched up with No. 6 Clemson in the first round, where they are 2.5-point favorites against Clemson on Friday. If the Lobos take care of business against Clemson, they would face the Baylor-Colgate winner, followed by potential battles with the Arizona Wildcats and North Carolina Tar Heels.
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