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.
One wager that wasn't busted was reportedly a gambler at the Venetian in Las Vegas who wagered $800 on UMBC to win outright. That's right, one person bet $800 on a 16-seed to not just cover the spread, but to win, at 20-1 odds.
The payout? Nearly $17,000.
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