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Bettor wins $16,000 on UMBC wager

NCAA Basketball Tournament - First Round - Charlotte

CHARLOTTE, NC - MARCH 16: Jairus Lyles #10 of the UMBC Retrievers reacts after a score against the Virginia Cavaliers during the first round of the 2018 NCAA Men’s Basketball Tournament at Spectrum Center on March 16, 2018 in Charlotte, North Carolina. (Photo by Streeter Lecka/Getty Images)

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The whole country became UMBC fans throughout Saturday night as the Retrievers attempted - and ultimately pulled off - the first-ever 16-over-1 upset in the NCAA tournament against Virginia.

There may have been one person at The Venetian in Las Vegas cheering a little more than most, though. They had a little more on the line. The moneyline, to be exact.

One bettor won $16,000 on a $800 wager that UMBC would beat the Cavaliers, which is exactly what they did, 74-54, in Charlotte.

While the bet paid off this time and it makes for an all-time story, it’s probably best not to make this your betting strategy. If you would have bet 800 bucks on every 16 seed every year, you would have been $108,000 in the hole before getting your Retriever payout and riding a rough 135-bet losing streak. Can’t win without buying a ticket, though, right?

And it’s not like that the person who just cashed a $16,000 check cares about that at the moment. Also no word on how they’re betting UMBC against Kansas State, either. The Wildcats are 10.5-point favorites, if you were wondering.