Barstool’s Dave Portnoy won $2.7 million betting on UConn in NCAA men’s final

Barstool’s Dave Portnoy won $2.7 million betting on UConn in NCAA men’s final

Article brief provided by CNBC
  • Jessica Golden, CNBC
April 9, 2024 3:34 PM
  • Jessica Golden, CNBC
  • United States

Barstool Sports founder Dave Portnoy is cashing in $2.76 million on UConn’s big win over Purdue on Monday night in the NCAA men’s championship game.

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Portnoy tweeted the massive score off a March 20 $600,000 wager on the Huskies winning the national championship. DraftKings confirmed the bet to CNBC.

“The greatest bet of my life,” Portnoy said in the post on social media site X. “The biggest win of my life by a mile.”

Barstool signed a multiyear deal with DraftKings in February. The sports media company was previously owned by Penn Entertainment.

DraftKings reported a record NCAA tournament, with sports betting now legal in 38 states plus Washington, D.C. — five additional states since this time last year.