Derek Stevens, who owns the D Las Vegas and the Golden Gate, lost his $25,000 futures bet to win $1 million on the Wolverines but he won $100,000 on a $330,000 hedge bet he placed on the Wildcats on the money line Monday afternoon.
Search results for:
The Westgate listed odds on 190 of the 353 Division I college basketball teams.
Las Vegas casino owner Derek Stevens is guaranteed to end up a winner in the NCAA Tournament after placing a $330,000 money-line wager to win $100,000 on Villanova over Michigan at the William Hill sports book.