‘Mattress Mack’ bets $3.5M on Astros to win World Series

Most Read

MLS Soccer: On the Rise? Or Still A League Where Legends Come to Die?

A look at MLS Soccer's quest to become America's fifth major sport, as the game continues to evolve in the States.

FanDuel Prepaid Card: How to Get One, Deposit, Withdraw & More!

The FanDuel Prepaid Card offers a convenient and fast payment alternative for you as a sports bettor at one of America's most popular online sportsbooks.

Who Has the Best Online Casino Welcome Bonus?

Ranking The Top 10 New Jersey online casinos based on their Welcome Offers
Matt Tenby
Matt has been a writer for American Betting Experts since 2019. He loves to watch, bet on and write about soccer but is also a huge NBA and NFL fan.

On Tuesday, furniture store owner Jim “Mattress Mack” McIngvale bet $3.5 million on the Astros to win the World Series, paying $7.7 million if successful.

Jim “Mattress Mack” McIngvale, owner of Gallery Furniture in Houston, shocked the DraftKings sportsbook at Scarlet Pearl casino in Mississippi on Tuesday when he wagered $3.5 million on the Houston Astros to win the World Series. At +220 odds, the bet would pay a net $7.7 million if won.

However, ‘Mattress Mack’ didn’t do this for the thrill or excitement normally associated with sports betting. Instead, he is using the wager as a high-indemnity insurance policy for a promotion at his Gallery Furniture business. Customers who purchase a mattress at his store for more than $3,000 will be refunded if the Astros win the World Series.

‘Mattress Mack’ ran a similar promotion in 2017 and refunded more than $10 million in mattress purchases, when the Astros beat the Los Angeles Dodgers to win the World Series for the first time. McIngvale placed more than $1 million in bets on the Astros with Las Vegas sportsbooks in 2017, which helped limit his exposure from the promotion. When quizzed about his current promotion, McIngvale said:

“The promotion will probably be a little more than it was in 2017…(In 2017) it was about $13 million. So, more than likely I’ll get it all hedged off and I’ve got a little bit of insurance, so that should be fine.”

Leading up to baseball’s postseason, ‘Mattress Mack’ hired two gamblers from Las Vegas to assist him in finding the best price for the Houston Astros. One of the gamblers, Anthony Curtis, said McIngvale was looking to wager upward of $10 million on the Astros. After his $3.5 million bet on Tuesday, he’s definitely making progress!

Think you could win big with DraftKings, just like ‘Mattress Mack’?

Latest Offers

Latest News

Preakness Stakes Picks & Guide: Horse Racing’s Triple Crown Continues

We take a look at the history of the Preakness Stakes at Pimlico Race Course and share our 2022 Preakness Stakes picks ahead of the big race.

BetMGM PGA Championship Promo: Get $25 Back if Your Golfer Doesn’t Win, But Places Top 5!

The BetMGM PGA Championship promo will refund bets up to $25 on your chosen golfer to win the PGA Championship, if your golfer places top 5.

DraftKings NBA Playoffs Promo: Bet $5, Win $150 if Your Team Wins!

This season's DraftKings NBA Playoffs promo is incredible. Bet $5 and get $150 if your chosen NBA team wins!

How to Bet on Baseball and Win: Beating MLB Pitcher Strikeout Total Props Without a Model

Kevin Davis shares his tips on how to bet on baseball and win by beating MLB Pitcher Strikeout Total Props without a model.

Pimlico Picks, Travers Stakes Picks & More: A Horse Racing Guide

A complete horse racing guide, covering the history of US racing, top racing contests, and where you can bet on horse racing in the United States.

More Articles Like This