DraftKings Pays $1.7 Million Parlay After Spurs Win the West

Grant Mitchell - News Editor
Grant Mitchell • News Editor 5+ years betting experience
Updated: Jun 1, 2026 , 12:50 PM ET • 4 min read

The four-leg parlay, valued at +68528 odds, contained legs from the Winter Olympics, NCAA Tournament and NBA Playoffs.

Photo By - Reuters Connect.

A DraftKings bettor won more than $1.7 million from a $2,500 parlay that was capped off by the San Antonio Spurs winning the Western Conference Finals.

The four-leg parlay, valued at +68528 odds, contained legs from the Winter Olympics, NCAA Tournament, and NBA Playoffs.

Key Takeaways

  • The parlay had a cash-out value of under $300,000 after the Spurs fell behind 3-2 against the Thunder.

  • The ticket began in February when the Winter Olympics were still in progress.

  • DraftKings believes that the Spurs are NBA champions in waiting. 

DraftKings’ $1.7 million parlay was one of the top stories to follow during the conference finals. The +68528 odds translated to a 0.15% implied chance and would pay $686.28 for every $1 wagered.

Two of the four legs — Team USA to win Gold in hockey at Milan-Cortina and Michigan to win the NCAA Tournament — had already cashed before the NBA playoffs began. The Spurs still needed to beat the defending-champion Oklahoma City Thunder, and the Knicks needed to take out the Eastern Conference preseason favorite Cleveland Cavaliers. 

The bettor, known as “Parlay Prince,” didn’t face any trouble with the Knicks, who swept the Cavaliers out of the playoffs in short order. That was far from the case in the Western Conference Finals, which went down to the wire in Game 7.

DraftKings provided updates of cash-out values that were offered over the last week as the Spurs and Thunder exchanged blows. The offer dropped as low as $293,273.26 and sat at $612,212.95 heading into the final game. 

Despite the Thunder being favored, the bettor opted not to cash-out or place a hedge bet, making Game 7 a truly all-or-nothing event. 

While many online users slammed “Parlay Prince” for their stubbornness, he ended up walking away with the full $1.7 million prize after the Spurs won Game 7, 111-103.

“All you gotta do is believe, and if you believe it, you can achieve it,” Parlay Prince said in a video recorded at the Thunder’s arena after his ticket cashed. 

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Tracking NBA Finals odds

Neither the Spurs or Knicks were expected to reach the NBA Finals. 

BetMGM valued the Knicks at +2200 in NBA Finals odds when the playoffs began, while sportsbooks agreed the Thunder were at least 2-to-1 favorites to beat the Spurs in the conference finals. 

With the Spurs or Knicks soon to be crowned NBA champions, the league is about to experience for the first time an eighth different champion in as many seasons. DraftKings believes the team in waiting is the Spurs, who are -205 (67.2% implied chance) to win the Finals. The Knicks are +170 (37% chance).

Despite the Spurs being in pole position, the Knicks have and are continuing to make up ground. San Antonio was -225 in hypothetical lookahead lines before Game 7, meaning they lost 2% probability since they were crowned Western Conference champions.

DraftKings’ users are going against the grain. Although series betting splits aren’t publicly available, 59% of tickets and 70% of the handle in the Game 1 moneyline market are on the Knicks. An additional 55% of bets and 53% of the money are on the Knicks at +4.5, according to DraftKings Nation.

Ready for Game 1

This is the second time that the Spurs have met the Knicks in the NBA Finals. The first time occurred in 1999, when Tim Duncan led the franchise to its first title over the only eighth seed ever to reach the championship.

Knicks big man Karl-Anthony Towns wore a shirt promoting the ‘99 Finals ahead of his first game with the Knicks after he had been traded by the Minnesota Timberwolves in 2024. He will now star in the rematch 27 years later.

DraftKings has the Spurs at -198 moneyline odds (66.4% chance) and the Knicks at +164 (37.9%) in Game 1, which will take place in San Antonio. Both teams are undefeated in Game 1s in the playoffs.

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Grant Mitchell - News Editor
News Editor

Grant jumped into the sports betting industry as soon as he graduated from Virginia Tech in 2021. His fingerprints can be found all over the sports betting ecosystem, including his constant delivery of breaking industry news. He also specializes in finding the best bets for a variety of sports thanks to his analytical approach to sports and sports betting.

Before joining Covers, Grant worked for a variety of reputable publications, led by Forbes.

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