A gambler reportedly cashed in big time by picking the March Madness upset of the century

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• March Madness history was made as Virginia became the first 1-seed to ever lose to a 16-seed.

• One gambler cashed in big time by wagering $800 on UMBC to win outright.

• The $800 bet at the Venetian in Las Vegas won the gambler nearly $17,000 at 20-1 odds.

March Madness history was made as Virginia became the first 1-seed to ever lose to a 16-seed, falling to Maryland-Baltimore County, 74-54.

The upset shocked the basketball world and busted nearly 20% of the brackets at ESPN that had Virginia winning the entire tournament.

One wager that wasn't busted was reportedly a gambler at the Venetian in Las Vegas who wagered $800 on UMBC to win outright. That's right, one person bet $800 on a 16-seed to not just cover the spread, but to win, at 20-1 odds.

The payout? Nearly $17,000.

Tweet Embed:
//twitter.com/mims/statuses/974860900187324417?ref_src=twsrc%5Etfw
Wow! $800 to win $16,800 on MD Baltimore to beat Virginia! pic.twitter.com/dfalD6WNvJ

Not a bad day's work.

More March Madness:

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• GAME SCHEDULE

• Our best bets for the first round of March Madness

• The most common Final Four picks and predictions

• How to watch March Madness online

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See Also:

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