Hardly anyone saw No. 16 seed Fairleigh Dickson beating top-seeded Purdue in the first round of the NCAA tournament.
But one bettor put a huge wager on FDU to win. According to sports business reporter Darren Rovell, a bettor won $495,000 after placing a $33,000 moneyline bet on Fairleigh Dickinson.
— Darren Rovell (@darrenrovell) March 18, 2023
FDU was a +1500 underdog on DraftKings Sportsbook.
The Boilermakers became just the second No. 1 seed in the men's NCAA tournament to lose to a No. 16 seed.
This article originally appeared on Indianapolis Star: March Madness: Bettor wins $495K after FDU stuns Purdue basketball