Portnoy has excited media curiosity by putting a $1-million wager on the end result of the Faculty Soccer Playoffs and the sport between Alabama and Michigan. This places him side-by-side with different large spenders, together with Mattress Mack and undoubtedly the Canadian rapper.
“That Assured” About Michigan Successful
Portnoy is backing Michigan to win, as he feels “that assured” in regards to the crew’s possibilities to conquer the Crimson Tide. His private ramblings apart, Portnoy has stated that Michigan dominated the Huge Ten this season, and the crew is in prime situation to energy by to the finals, with step one being the 2024 Rose Bowl sport versus Alabama. Portnoy is prepared to cough up a big sum to show it.
Presently, sportsbooks are certainly working Michigan as a brief favourite. Portnoy positioned his wager with FanDuel at odds of -118 (oh, the irony), and is taking a look at a hefty $847,457.63 payday plus his authentic stake if he finally ends up successful.
If he loses? Nicely, this received’t be the primary time Portnoy has needed to half with important sums over playing. Portnoy himself attests to “monstrous losses,” which have even prompted him to “retire” from sports activities playing, but it surely appears that he’s drawn out as soon as once more, as he additionally jokes that these retirements simply don’t final lengthy.
Portnoy is an alumnus of Michigan, and it is smart to really feel a bit biased and maybe too excited in regards to the alternative to see the Wolverines triumph. If you happen to don’t have $1 million of spare cash, although, it could be higher to take your betting a bit slower.
Unflattering Previous, however Optimistic in regards to the Future
Portnoy has been a controversial determine in and round sports activities playing. He suffered some popularity harm when ladies spoke out in opposition to the entrepreneur and accused him of “sexual harassment,” arguing that he subjected them to tough and humiliating intercourse.
These accusations, whereas damning, have been by no means confirmed, however they have been sufficient to make it more durable for Barstool Sportsbook, the corporate that Portnoy owned and later offered to Penn Leisure, to solely purchase it again for $1, to function in sure jurisdictions.
Portnoy himself swore to place Insider, the media that first made these allegations, out of enterprise. The entrepreneur reportedly dropped the lawsuit in opposition to Insider for its “clickbait” content material earlier this 12 months, and is now shifting ahead to extra constructive experiences, equivalent to putting seven-figure wagers on groups and gamers he enjoys.
