Mattress Mack has made some magnanimous bets before. But his biggest to engagement came Th night on the upcoming Super Bowl.
Gallery Furniture possessor Jim McIngvale, the Houston man of affairs better known by his Mattress Mack nickname, placed a $4.5 zillion wager with Caesars Sportsbook on the Cincinnati Bengals to win the Feb. 13 NFL championship. As the +170 underdogs, a Bengals Super Bowl win would intend McIngvale wins $7.7 one thousand thousand and capture his archetype play back, too.
According to a liberate from Caesars, Mack’s wager is the largest ever made online, and the second-biggest ever so made at a effectual sportsbook. The biggest was a $4.9 meg bet in Super Bowl XXXVI at betting odds of -900.
As of Friday, the Bengals remain underdogs to the Los Angeles Rams. But the Bengals moneyline betting odds now are +165.
“The Joe Burrow thaumaturgy is pulling fans in, especially in Louisiana, with his college roots,” said Ken Fuchs, lead of sports at Caesars Sportsbook, in a statement.
Bets Made in Louisiana
McIngvale made the bets Th dark from a gaseous state station inward Louisiana. That’s according to an interview he gave ESPN shortly after he placed the wager. Sports betting is illegal inward Texas, and Louisiana simply launched peregrine sports betting shoemaker's last weekend.
Houston is 100 miles W of the LA province line.
I had to micturate ilk twenty $200,000 bets to make water it work,” he said.
Mack made another bet on this year’s Super Bowl backrest inwards November. At that time, he put downwards $2 one thousand thousand on the New England Patriots through and through William Penn National Gaming’s Barstool Sportsbook and theScore Bet. Both books had the Patriots at +2300.
The Buffalo Bills set an terminal to Mattress Mack’s $46 zillion potential turn a profit inward the world-class labialise of the AFC playoffs.
Last year, he wager $3.5 one thousand thousand on the Tampa Bay Buccaneers to wrap up as a 3.5-point underdog inwards finally year’s Super Bowl. That wager netted him a $2.7 billion profit.
Why Mattress Mack Bets
As is the grammatical case with nearly all of Mack’s wagers, the bet on the Bengals serves as a elude for a furtherance at his retail chain. Customers who drop $3,000 or to a greater extent on either a select mattress band or living elbow room article of furniture testament capture their big-ticket purchase for liberate if the Bengals win Super Bowl LVIII.
Mack 1st gained subject attending for his bets when he started to employment sports betting as an insurance insurance policy of sorts for his store’s sales. That began with his hometown Sam Houston Astros and the bombinate they generated in reaching the World Series a few years ago.
By having large wagers on the Astros, it would screening any losses Gallery Furniture would incur from having to repayment customers their money for mattress sets.
When his bets turn a loss – same they did on Samuel Houston in the World Series this yr – he noneffervescent retains the profits from the big-ticket furniture sales he makes. Mattress Mack and the sportsbooks that accept his sue also capture free people publicity out of the arrangement.
This time, McIngvale may also make vantage of the perks from his Caesars Rewards customer trueness account.
“With the millions of Caesars Rewards credits he’ll garner – win or lose – he canful enjoy clip spent on OUR mattresses at Caesars anytime he wants to stop over by,” Emil Klaus Julius Fuchs said.