A Gambler Reportedly Cashed In Big Time By Picking The March Madness Upset Of The Century

Jared C. Tilton/Getty Images 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 21-1 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.See the rest of the story at Business InsiderNOW WATCH: Richard Sherman rails against the NFL's pre-draft process and explains why some of the combine is 'outdated'See Also:How to use Robinhood, the popular app rumored to be worth $5.6 billion that lets you trade stocks and cryptocurrencies without paying any fees9 Vladimir Putin quotes that offer terrifying insights into his mind12 Costco deals that are well worth the money