(RADIO.COM Sports) One sports bettor just cashed out.
After placing a wager in June on Loyola-Chicago to win the 2021 national championship at +150000 odds, the bettor has sold the ticket on PropSwap, turning a $60 bet into $500.
The person who purchased the bet has new odds of 179-1, which is still significantly better than the current market price on the Ramblers. The team sits at +4000 to win the national championship at BetMGM as of Thursday afternoon.
Loyola-Chicago will be looking to replicate the magic it had in 2018, when the Ramblers made the Final Four.
Loyola is expected to earn anywhere from a six seed to an eight seed when the bracket is revealed on Selection Sunday. The Ramblers are 24-4 this season and won the Missouri Valley Conference Tournament last week.