Wow! There's a joke in here, but I'm convinced that ticket holder is going to take home $300k. Virginia has no business being in the game a Tech has something to prove.
If it was yours and you were willing to sell, what is the minimum you would accept now that Tech has made it this far? Would you go for $150k just to lock it in?
Interesting question. I doubt I would be willing to sell, but if I am willing I think $150k would do the trick. I'd have to think a lot harder if someone offered $100k. Who in the world would even offer $150k for a ticket that could pay out $0? I struggled to understand who would put $1,500 on Tech in November to win it all in April. I might have dropped $15 to get $50, but I'm not that much of a gambler.
I was looking at it from the perspective of the seller not the buyer -- how much would it take for you as the owner of the ticket to say "OK?" But, yeah, there might be a buyer for what (I think) would be the equivalent of +101 for $150k for Tech in this game. Maybe. I just read smart money has already come in on TTU.
Apparently $125k isn't enough. That's what Dez Bryant offered for it. The inside story of the $300,000 Texas Tech futures bet
Virginia got lucky Saturday, with a foul and technical to get and make 3 FTs with a second left for the win. Don’t see that happening tonight.
it would have been more apropos if Longhorn Catholic had posted this thread about Virginia pulling it out.
I don’t think I would of sold the Tech sports ticket but I sure would of hedged my bet and put money on Virginia. 50K to 100K.
If the call had gone Tceh's way and they would have won, UVa would be making the same claim. UVa just outplayed Tceh in the OT.
Problem is, the original bet was made far before Tceh was in consideration (November 2018), thus the 20000 to 1 odds; betting on UVa right before the final game odds were close to even so a $50K bet wouldn't have paid much. And, the original bettor bet $1500; would that guy have had another $50,000 lying around to win, I don't know, $500 on that bet? UVa was the favorite IIRC by most going into the final.
The +20000 is not 20000 to 1 odds, it means for every $100 you put on Tech you win $20000. The 50K on Virginia would of paid maybe 45K just guessing but that still beats $0. I was expressing what I would of done if I had that ticket, however I would of never been in that position because I would of never bet $1500 on Tech to win it all in Nov 2018.