Bettor hits big: Turns $50 three-leg parlay into 'life-changing' money with Mavericks' win

When you’ve just turned $50 into $98,750 of profit, you can be forgiven for wanting to celebrate a little bit.

 Such was the case Thursday night for a fortuitous Caesars Sports customer.

"I’m a bit tipsy right now," said the bettor, who wished to remain at least somewhat anonymous after the windfall, understandably so.

The big winner pulled away from the party for a few minutes to discuss the three-leg parlay he made in late December, and the life-changing money he’s now taking to the bank.

‘Huge Fan of the Mavs ’

Back on Dec. 29, the UCLA graduate student made a trek to Las Vegas. While waiting for a buddy to meet him for lunch at Paris Las Vegas, he played a little roulette and won $200.

From that, he took $50 to a betting kiosk at the sportsbook and made his parlay wager:

Punching those prices into a parlay resulted in odds of +197500. In other words, 1975/1.

"I’m a huge fan of the Mavs, for more than 20 years, and a huge fan of [Patrick] Mahomes," he said. "And I live in L.A., so I watched Washington, and I trusted the team [to reach the CFP final]."

The Michigan-Washington leg of the parlay was the first to convert. The Wolverines blew out the Huskies 34-13 in the title game. Then came Mahomes and the Chiefs edging the 49ers 25-22 in overtime in the Super Bowl. Kansas City won three consecutive playoff games as an underdog to claim the Lombardi Trophy.

Then, it was a 3.5-month wait. Dallas converted the final leg with its 124-103 rout over Minnesota in Game 5 of the Western Conference finals Thursday night. That gave the Mavs a 4-1 series win and the Western Conference crown.

And it gave the bettor a massive $98,750 profit on his modest $50 investment.

"Dallas was always my biggest fear," he said afterward,