Dave Portnoy claims he will put $1MILLION on Michigan to beat Alabama in controversial College Football Playoff semi-final (six days after claiming he had given up betting after losing ‘monster’ wager on the Bills-Eagles game)

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  • The 46-year-old businessman added ‘that’s how confident he is’ before the game
  • His father, Michael, once admitted to his son having a ‘gambling issues’ in 2019
  • DailyMail.com provides all the latest international sports news 

Dave Portnoy has claimed that he’ll gamble $1million on Michigan to beat Alabama in the controversial College Football Playoff semi-final, six days after claiming that he had given up betting after losing ‘monster’ wage on the Bills-Eagles game. 

The CEO of Barstool Sports made the claim in a tweet on Sunday, adding ‘that’s how confident’ he is. 

Portnoy, 46, is a graduate of the University of Michigan, so there’s little to no doubt as to why he would put so much money on his alma matter’s football team. 

Last week, he faced huge backlash for putting his company’s reality TV show behind a paywall. 

He responded to critics by hosting an ’emergency press conference’, during which he sensationally slammed ‘poop people’ who are refusing to pay the $9.99 PPV fee.

Dave Portnoy once lost $30,000 by gambling it all, according to a 2022 New York Times article

That hasn't stopped the CEO of Barstool Sports from waging $1million on his alma matter

That hasn’t stopped the CEO of Barstool Sports from waging $1million on his alma matter

The Michigan Wolverines are set to meet at Alabama in the CFB semi-final on New Years Day

The Michigan Wolverines are set to meet at Alabama in the CFB semi-final on New Years Day

What’s more, is that on the last day of November, he revealed the reason behind his split from ex-girlfriend and model Silvana Mojica, 28. The couple dated for around three years.

Portnoy vowed to quit gambling after betting ‘big’ on Buffalo to defeat Philadelphia, only for the opposite to happen, with the Eagles winning that game in overtime. 

Earlier last month, the businessman threatened to sue the Bengals as he raged over $120,000 going down the drain, after their loss to the Ravens, during which QB Joe Burrow sustained an injury. 

Portnoy, 46, posing with his ex-girlfriend, Silvana Mojica, at a Miami Hurricanes game last year

Portnoy, 46, posing with his ex-girlfriend, Silvana Mojica, at a Miami Hurricanes game last year

According The New York Times, Portnoy once failed for bankruptcy in 2004, after losing $30,000 gambling, owing $59,0-00 in credit card debt, and owing his father, a lawyer, $18,000. 

Barstool Sports’ former parent company, Penn Entertainment, denied those claims, at the time of the story’s release.

Portnoy’s father, Michael, once said that ‘anyone who says my son is exaggerating his gambling issues, I wish he was. He isn’t.’

Portnoy also previously vowed to stop betting on sports games in 2019.