Fans Collect $60,000 After Betting On UConn NCAA Title

By Jessie Sawyer
|  Thursday, May 29, 2014  |  Updated 2:00 PM EDT
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Fans Collect $60,000 After Betting On UConn NCAA Title

Chase Stevens/Erik Kabik Photography

Twelve UConn alumni won $60,000 after betting on UConn men's basketball NCAA championship.

Thanks to UConn basketball's NCAA championship sweep, a dozen alumni have also scored big winnings  – netting $60,000.

UConn graduates Tom Andreoli, Patrick Charmel, Paul Delvecchio, Marc Demattie, Dave Faenza, Ferid "Frank" Feratovic, Harrison Fuchs, John Mitkevicius, Michael Price, Dan Stewart and Andrew Zielinski traveled to Hard Rock Hotel & Casino in Las Vegas on Saturday to collect winnings from bets on the NCAA championship that they placed at the hotel's Race & Sports Book. Classmate Chris Demattie also placed a bet but did not go on the trip.

They're all members of the Sigma Alpha Epsilon fraternity, according to the Las Vegas Sun.

Each graduate bet $100 that the UConn men's basketball team would win the NCAA title, so the victory won them $5,000 a piece. The Huskies had 50 to 1 odds of winning at the time of the bets, according to a press release.

The men dined at Mexican cantina Pink Taco at the hotel afterward to celebrate.

Is another championship win in the cards for UConn? The group of friends is betting on it. T

The frat brothers have already placed another bet that the Huskies will win the men's basketball tournament next year.

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