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March Madness betting: Bettor cashes out early, misses out on $1.1 million payday

Every bettor dreams of hitting a parlay and winning a life-changing amount of money. One bettor at BetMGM did just that this past week to kick off March Madness. However, he must be currently kicking himself despite winning over $340,000.

The bettor risked $1,650 on a 13-leg parlay that originally would have paid out over a million dollars. The 13-leg parlay would have net the bettor $1,092,551. However, after 11 legs hit on the parlay, the bettor decided to cash out for $341,088 rather than risk it on the final two legs of their bet.