Derek Stevens, who graduated from Michigan and owns "The D" casino in old Las Vegas, placed a $12,500 bet on Michigan last Tuesday (at the Golden Nugget down the street) to win the NCAA Basketball Tournament. If the Wolverines win the whole thing, he'll pocket a cool million dollars.

Here's the tweet with the proof:


Here's the story from Good luck to the Wolverines and Derek. And next time you're in Vegas, get off the Strip, head up to Fremont Street and check out the "D" and the Golden Nugget. Things are a little cheaper and crazier up on Fremont. Trust me.


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