mattress mack astros bet

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He then stated that he didn't win a dime because, as a result of the promotion, he was forced to refund sales totaling up to 74 million dollars.

In , Mattress Mack offered a full refund for customers who bought 5, dollars' worth of furniture if the Astros repeated their triumph. By the time the Astros fell short of a World Series return, Mattress Mack had sold around 80m dollars' worth of furniture, none of which he has to pay back.

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After betting $10 million on the Astros to win the World Series, Texas furniture store owner "Mattress Mack" won what is believed to be the Now he's due to collect potentially $ million betting that the Astros repeat as champions, according to multiple reports. McIngvale, 72 The bet is for the Astros to win the World Series at + odds, which would net Mattress Mack over $11 million in winnings

Gambler ‘Mattress Mack’ wins $75m after betting on Astros to win World Series

Mattress mack astros bet - Last year, Jim "Mattress Mack" McIngvale rang up more than $70 million in winnings off his Houston Astros World Series bets. A significant chunk After betting $10 million on the Astros to win the World Series, Texas furniture store owner "Mattress Mack" won what is believed to be the Now he's due to collect potentially $ million betting that the Astros repeat as champions, according to multiple reports. McIngvale, 72 The bet is for the Astros to win the World Series at + odds, which would net Mattress Mack over $11 million in winnings

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First-of-its-kind bookstore making Black history in Dallas County community. View CBS News In. McIngvale uses the betting market to mitigate risk on promotions at his Gallery Furniture store that are based on the winner of big sporting events, from the Super Bowl to the Final Four.

His biggest promotions, though, have involved the Astros and the World Series. The customers love it, so they're totally engaged and talk about it for years. Because it runs all season long, it probably ups the number of people following the Astros, too, because now they have a real vested interest in the team.

Sportsbooks, however, especially bookmakers of smaller scale, weren't able to mitigate their risk from McIngvale's bets as successfully as Mack. Sportsbook Betfred, which had operated in the United Kingdom for decades, but only recently entered the U. chief operating officer Bryan Bennett.

to put your money on the line. They won. You deserve your money, and I'm paying you. Skip to main content Skip to navigation. Houston Astros. NBA betting: Eight teams to bet on to make - or miss - the playoffs. NBA betting: Six picks for Saturday's slate.

Betting charges vs. H ouston furniture store owner Jim 'Mattress Mack' McIngvale suffered a significant financial setback due to the Houston Astros ' loss in Game 7 of the American League Championship Series to the Texas Rangers. McIngvale had initially wagered 6.

He had also placed three other bets during the season, totalling 5. However, McIngvale 's hopes were dashed as the Astros were defeated, marking the end of their World Series aspirations. The year-old had become known for his large sports bets, particularly on the Astros , and he won 75m dollars in the previous season by betting on their success, with the team going on to win the World Series against the Philadelphia Phillies.

It wasn't to be in , and the game where the Astros lost saw a pivotal moment when pitcher Bryan Abreu gave up a two-run homer to Nathaniel Lowe. This loss not only ended the Astros ' season but also had a personal impact on McIngvale 's financial situation.

It was reported by The Daily Mail that McIngvale was set to win Meanwhile, Olympic legend Mary Lou Retton is recovering from pneumonia and has been released from the ICU, now resting at home. A SpotFund was set up to help with her medical expenses, and it received an overwhelming response, with 8, donations totaling , dollars.

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Mattress Mack Wins Record-Breaking $75 Million on Astros World Series Bet - Forbes

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