On Tuesday, Dave Portnoy, the founder of Barstool Sports, placed a $200,000 bet on the Philadelphia Phillies to win the 2024 World Series for a potential profit of $1.2 million. This came after losing $70,000 on a bet on the Edmonton Oilers to win the Stanley Cup.
Portnoy took to Twitter after the Oilers’ loss, acknowledging the end of his sports betting streak and expressing his appreciation for the team’s efforts. He mentioned being glad that his friend @elio82 won and emphasized that all good things must come to an end. However, he was quick to point out that this loss marked the beginning of a new streak.
This Phillies bet is just one of many successful wagers Portnoy has made this year. Claiming to have won approximately $7 million on various bets, including wins on Michigan in college basketball, Kansas City Chiefs in Super Bowl LIV, UConn in men’s basketball national championship game and Scottie Scheffler at The Masters golf tournament and Boston Celtics in NBA Finals 2019-20 season.
In early June, Portnoy may have jinxed himself a bit by predicting championship wins for the Celtics and Oilers before either series began. He shared his bets on X and mentioned the potential financial gains if both teams won, highlighting the possibility of having a remarkable run in 2024. Despite this setback, Portnoy remains confident in his ability to make profitable sports bets and is already looking forward to placing more wagers in the future.
