The abrupt end to the NCAA basketball season, due to the COVID-19 (coronavirus), has left professional and recreational bettors in a lurch. Professional bettors treat futures wagering as a form of low risk, high reward investment opportunities. Many high stakes bettors, who wished to remain anonymous, are not very happy over the cancellation of the NCAA Tournament. These bettors placed futures wagers on specific teams months ago at long odds and now see those investments as worthless.
Many operators across the pond in the UK, as well as DraftKings and FanDuel here in the US, offer buy-out options on certain wagers.